Seven ways to boost your income
In our current economic climate, many of us need extra cash. Not only do we need to make ends meet, we also want to live at the standard we have become accustomed to.
Price rises outstrip increases in wages and provide us with a modern day problem. We need to boost our income through extra work and by taking on only the cheapest loans.
Secondary employment
It was considered normal back in the 70s to do two jobs, such as working in a petrol station on the night shift for a couple of days per week, as well as working as a bar man or waitress at the weekend.
In taking on these jobs as secondary employment, you will automatically boost your income each month. It’s important you spare a thought for your health though and never take on more work than you can handle – burning the candle at both ends could lead to health issues which cause you to take time off work, something which will affect your monthly income negatively.
Selling online
You will be surprised what people are prepared to pay for that unwanted sofa bed or electric guitar, as well as less obvious items such as old Levi jeans, window frames and even materials like timber. Put any unwanted possessions up for sale using online auction sites and count the money as it rolls in.
Loans
For the cheapest loans currently available, you should research reputable lenders. Loans are a great way to boost your finances when you need it most and firms such as this will be able to provide options for the best way to manage your money using their products.
Work from home
If you had a traditional 9-5 office job then you may struggle to take on traditional forms of secondary employment. Instead, why not start your own side project from home? It could be selling products you make yourself or offering a cleaning service – whatever matches your skills.
Pawnbrokers
If you don’t want to sell an item outright, but still need an injection of cash, then a pawnbroker is a good choice. This is basically a loan given against the value of your goods and if you fail to buy it back in the designated period of time then it is counted as sold.
Cash generator
If you want to sell items but don’t have the time to list them online or handle the posting and packing associated with it, then visit cash generator shops. These buy your goods outright to sell in their shops which, whilst convenient, may not always offer you the best price.
Car boot sales
Car boot sales are found all over Europe, providing a place where you can buy and sell pretty much anything. These are good if you have lots of low value items which you want to sell and you’d be surprised how much money you can make.
Source: www.frugalandfun.com
culled from Punch
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