There are only so many ways to cut back your spending until you’re at the point when you need to boost your income. The more money you can earn the faster you can reach your financial goals.
If you’re looking for ways to boost your income, perhaps to pay off credit card debt or just have some extra savings, here are seven things you can do this week to increase your bank account.
Image from Genome Salon
A few years ago you may have been able to score big at finding treasure at a local estate or yard sale and turn them into big bucks. These days it takes more time to find a diamond in a pile of trash, but if you know what you’re looking for, it can be done.
Choose a specific type of item to specialize in and resell, such as designer jeans or mid-century modern furniture. Take time to scour the neighborhood yard sales or Craigslist for these finds. Then update and restore them before reselling them. You could earn a large profit.
Other items that sell well are musical instruments, designer clothing and shoes, jewelry and vintage furniture. You just have to know what to look for and see the value among the trash.
This is one of the easiest ways to boost your bottom line. Ask your boss, or HR manager, if you can take on some overtime at your day job. Or talk to your fellow colleagues to see if they want to exchange shifts.
Doing this means you’ll have less time to devote to other things this week but when you see the extra money in your paycheck it will be worth it. See what other projects you can take on, show up early and leave late. The more work you take on the more income you can earn.
If you have an extra bedroom in your house, or parking space in your driveway, you could earn extra money this week. How? By renting out your spare room, couch, or a much-coveted parking spot in the city. You can even rent your car for the day if it’s not used frequently. There are lots of new apps and startups that make it easy to rent out extra spaces in exchange for money. Airbnb is a great option if you're considering renting out a room or even your whole house.
If renting out an extra space isn’t your thing, you can always focus on smaller tasks and daily errands. With sites like Fiverr and Taskrabbit you can start earning money for going grocery shopping, picking up the dry cleaning, or walking the dog.
If there’s a small task that needs to be done, you’ll probably find someone who wants to pay you to do it. Just do a quick search online or in your local area and start earning money.
Believe it or not you can get paid to shop online. Sites like DealsPlus and BeFrugal, offer cash back bonuses, as well as additional savings with free shipping codes and other coupons. It's a great way to save money on items you planned to purchase anyway
Etsy or Amazon Handmade, as well as other creative-based websites, give you the chance to sell everything from handmade crafts, to photography, to hand-lettered envelopes and signs. Your options for using your creative skills to make money are virtually limitless. Within a few minutes you can list your crafted items and start seeing dollars in your bank account.
A brand ambassador is someone who represents a company while giving out free food, clothing and hosting events. You the know the people at the grocery store who give out free food samples? They are brand ambassadors, and it’s a great way to earn money if you’re an extrovert.
There are likely countless local events happening every week and companies are looking for people who can smile while giving away free stuff. My husband has been a brand ambassador in the past, since he’s a private chef, and was able to spend four days giving out free samples and coupons and earned $400 in two days. Not bad!
Choosing just one of these ideas, and taking action, can help you earn more money this week.
