Four Ways to Increase your Income

We could all use a little extra money now and then. It could be that you want to buy something special, or need to pay a bill that you forgot was due. Sometimes we find ourselves a little short while waiting for our next paycheck. Thankfully, there are ways that we can bring in some extra money to get over a tight financial spot, and this guide shows you how.

1. Have a Sort Out – We all have items in our cupboards and wardrobes that we no longer use, and you can sell them to bring you in some much-needed cash. Clothing sells well on online auction websites such as eBay, whereas larger items might do better when advertised locally. Old computer games, CDs and DVDs can also be sold to specialist websites.

2. Side-Hustle – Earn extra money alongside your regular job by turning a hobby into a business. For example, if you like making handmade cards, you could begin to sell them for a profit. If you are good at sewing, you could advertise and take in repair work. If you have an eye for detail and have good grammar, then some proofreading work might be a good idea. When you get started with a side-hustle, you can add a considerable amount to your income if you are able to put in the hours.

3. Borrowing – While not a long term solution, if you need money fast, then a short term loan could be an option. Sometimes we just don’t have enough money for what we need, and a loan can get us over a fix. It is worth noting though that getting into debt is not something to do lightly, so make sure you read all the details before signing up. MyJar is one company where you could get a personal loan, or you could try this MyJar alternative. If you are considering a loan, only do so if you know you are able to pay it back within the agreed time. Otherwise, you could find yourself in debt.

4. Make Money Online – The internet is a great place to earn some extra cash, and there are many different ways of doing so. You can complete surveys online for cash and other rewards, or get paid to test websites.

Having your own blog can also bring you in some extra income as you can promote other people’s products and earn a commission, or sell advertising space.

Another way to make money online is to advertise your services with freelancing websites, so you can put your skills to good use and make some extra cash.

When you put your mind to it, you will be able to find a little extra cash if you need it. It just requires some time and effort. Some of the ways described in this guide will take longer to see a return than others, but all have merit. Why not try some of these methods today, and see how much you have earned within a month? You might be pleasantly surprised!


Arnel Ariate is the webmaster of Money Soldiers.

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