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15 Ways to Make Some Extra Money
October 27, 2017 - Financial ArticlesBelow the infographic, we have put together helpful expert tips on how to both save and make money by decluttering your home.
15 ways to make money
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THE COMBINED BENEFITS OF MAKING EXTRA CASH, SAVING MONEY AND DECLUTTERING
The 15 money-generating hacks outlined above show you how to earn additional income quickly and easily. These methods are especially helpful if you need a short-term solution. In the long run, you will benefit even more from the tips below on how to budget effectively and stretch your money further.
Learn how to save money
Regardless of your income, everyone is able to save some money. For example, follow step 1.12 and open a new bank account. At the beginning of each month, transfer a percentage of your monthly income into this new account and don’t touch it. You will be forced to make it to the end of the month with the remaining money.
Writing down your expenses every week can really help you understand your spending habits. After a while, you will detect areas where you can save money. Most Americans are living frugally by purchasing more generic brands or by brown bagging lunch instead of purchasing it, as you can see in the statistics below:
(source: https://www.statista.com/statistics/380119/saving-behaviour-usa/)
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Sell your clutter and feel instantly better
Speaking of living a frugal life: the average household contains 300,000 items. Less than half of them are actually in use. Decluttering your life is not only a good way to make money, it is also a good way of providing clarity, focus and inner peace. There are many proven benefits of a decluttered home. You probably know that feeling when you have just tidied up your storage space. After letting go of possessions you clearly don’t need anymore, you will feel relieved, lighter and somehow “free”.
Getting your closet decluttered and owning fewer clothes can make things so much easier. Honestly, how many of your clothing items do you actually wear? You can find this out yourself by using the 90/90 rule. If you haven’t worn something in the last 90 days, see if you will wear it the next 90 days. If not, cull it. If 90 days are not enough for you, make it 120 or as long as you feel comfortable with. As long as you are honest with yourself, there will be plenty of clothes that you can let go of. It will save you a lot of time.
All in all, there is a lot of potential to make and save money everywhere around you. You might have to get out of your comfort zone or at least free up some time, but considering that you live in one of the wealthiest and most abundant countries on this planet, you are richer than you think you are.