When it comes to personal finances, it’s quite normal to find you go through different phases in life. Due to your current job situation, your living
When it comes to personal finances, it’s quite normal to find you go through different phases in life. Due to your current job situation, your living arrangements, health, and unexpected circumstances there will likely be those times in your life where you have less cash available. While the phase may not be permanent, needing extra cash is something that can cause people to feel stressed out, depressed, and anxious about what to do.
Rather than get too concerned or worried, here are six ways you could make some extra money right now. These supplemental income ideas can provide you with the extra cash you need at the moment, or some can act as more of a long-term solution if needed.
Get Rid of Your Old Vehicle
If you’ve got an old vehicle that is costing you more in maintenance and repairs than it’s actually worth, then it’s likely a good idea to get rid of it. Now, here’s the real bonus: did you know you can get money when you scrap your car? You can visit the Scrap Car Network website to get a quote for scrapping your car. That extra cash could be exactly what you need at that moment in time. Not only can you get money for scrapping it, but you will no longer have to worry about the cost of repairs and maintenance, fuel, parking, tax, MOT, and car insurance.
Get a Part-Time Job or Work from Home
Sometimes, there is no better solution to making extra money than getting out there and getting a second job. Obviously, it’s not ideal to have to work that many hours, but if it is able to provide you with the extra cash you need, then it can be well worth it.
You can look into part-time evening jobs so as not to interfere with your day job. Working at a restaurant or bar may be a great option. If you don’t want to have to leave the house or work within a set schedule, then it may be wise to look at ways you could be working from home. You can offer consulting services, work as a writer/blogger, act as a virtual assistant, and all kinds of other jobs.
The extra job can just be a temporary thing, or more permanent until your finances are back under control.
Look for a New Job
Rather than get a second job, maybe it’s time to look at getting a whole new job. If your current employer doesn’t offer you the chance for advancement or a pay raise, then it’s probably a dead-end position. In this case, it certainly wouldn’t hurt to start networking and researching what’s out there and what kind of pay those positions would offer.
Sell as Much as You Can
If you’re like most people, then there’s a good chance you’ve got all kinds of items and belongings that you don’t want, need, or use just lying around. Why not sell those items on a service such as eBay or a local buy and sell group and make a little extra money. You’ll be clearing extra space while making some cash.
Consider Renting Space in Your Home
Another option for those who own a home is to consider renting space in your home. The rent can help you to pay your mortgage, which will free up your cash for other expenses. You may choose just to rent out one room or convert your home and make a separate flat.
If you do choose to rent a portion of your home, be sure to check comparable properties in your neighbourhood, so you get an idea of what kind of rent you’d be looking at.
Run Errands and Tasks for Others
To say that most people are busy nowadays is an understatement. What this means is that there are a lot of people out there who don’t have time to get their everyday errands and tasks done. This can provide you with a great money-making opportunity. You can either start your own business or check out the websites that hire people to do tasks and errands for others.
It could be that you are tasked with picking up someone’s dry cleaning, tidying up their home, taking their dog out for a walk, or maybe doing their grocery shopping. The cool thing about this job is that you will always be doing something different, so it stays fresh. You can also decide the hours you will work, so it can fit in with your existing schedule.
It’s About Thinking Outside the Box
When it comes to ways to make some extra cash, it’s all about thinking outside the box and looking for ways you can take advantage of your own talent and skills.