6 Brilliant Ways to Start Making More Money & Avoid Debt

Money makes the world go round – if you’ve been following our blog, you’ll know that already!  Saving and cutting back on costly items and services is all well and good – the more money you can put aside, the better – but what if you were able to make even more money on a daily basis?  Putting time aside to create a healthier cashflow may seem impossible if you’re working a fair number of hours per week, but where there’s a will, there’s a way – there are plenty of ways for you to start making a little bit of extra cash on the side to stash away in your savings pot, and here are just a few of the best ones to get started.

Get Your Debts in Order

Ok– so this first point won’t exactly make you money right away, but what it will do is level the playing field so that you’re able to start making a profit.  If you’re in debt by any means at all – student loans aside – it’s high time you drew up a plan on how you’re going to get rid of what you owe – right now. Paying off your debts sooner rather than later will ensure that you have a clean slate to start upping your monthly income and profits – consult debt advice experts and discuss options such as consolidation, the quickest ways for you to clear what you owe and more besides.  The sooner it’s gone, the sooner you can drum up that extra cash.

Cut the Unnecessary Costs

You may not have the healthiest credit report on the block, but that hardly matters if you’re keen to start living off your own money, and more of it – and the best way to start seeing more money rolling in is to start cutting back on what you’re spending.  Keep your receipts, look at your subscription services, even think about changing your tastes for a month or two. Can you make lunch from home for a few weeks rather than go to the local supermarket for a £2.50 sandwich? Tighten your belt – and you’ll soon start raking in regular money that you can actively save and enjoy at your leisure and discretion.

Sell Your Stuff

If you’re the sort of person who enjoys ‘having things’, you may not have considered or have even entertained the idea of selling on your used items.  There are always going to be a few things we want to keep – for sentimental reasons or otherwise – but if you’re not using something, will you necessarily miss it if you sell it on?  eBay is a great place to start when it comes to selling your old clothes, DVDs, CDs and more besides – it’s an online jumble sale and you set the prices. Selling your old stuff will rack up a nice lump sum that you can put by for whenever you may need it.

Go Freelance

Working more hours may not sound particularly appealing on the face of it, but if you are particularly talented at writing, drawing, managing social media and more besides, there are more than a few sites out there where you can sign up and sell your expertise for anything from £5 upwards.  These sites welcome people of all skill levels and experiences, meaning that providing you can prove your talent, and providing you put the hours in over a few weeks, there’s no reason why you can’t start making a solid second income. Many have even been able to leave their day jobs to focus on their freelancing careers – who’s to say you won’t be next?

Surveys and Competitions

Survey websites and apps have been around for a long, long time, and while they may not give you stacks of cash right away, it does still pay to keep two or three – or even more – sites and profiles up and running so that you can reap the financial benefits.  Rather than rely upon one site where you may only be able to make £5 per month, if you have the time to give, sign up for several – get paid for your opinion and get a nice little windfall every so often if you keep up the interest.

Be Positive

Keeping a positive attitude to making and saving money is absolutely crucial – how can you achieve all of the above without one?  Set yourself goals, targets, and be realistic – but above all, really push yourself to succeed.

 

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I am discussing all kinds of business and finance topics on this blog and I hope that the information I provide will prove to be useful.