Do you wish that you had more money to spend on necessities? Chances are, you do! Fortunately, there are many things that you can do in order to de-clutter your life and to put some extra funding into your pockets by cutting costs. Here are five clever ways to earn money with minimal effort but big returns:
Cancel Unused Subscriptions
Do you subscribe to a lot of streaming services or magazines? If so, take a long hard look at which ones you’re actually using regularly. Chances are, you will find a couple that you could live without or they’re simply not as interesting as they once were. The number one culprit for skyrocketing household expenses is cable programming. There are so many ways to get live TV and other content through streaming platforms for a fraction of the cost. Consider cancelling cable and signing up for Sling TV, Philo or Hulu.
Check Where You Can Cut Costs
There are certain variable expenses every month you have to account for such as gas or groceries. You can save money by shopping at a cheaper petrol station or a shopping store with better prices whenever applicable. Plus, avoiding restaurants altogether save for special occasions can also help you leave money for other things. For help you can use a debt management plan.
Sell Your Stuff
Chances are, you have a few things lying around you no longer use. You don’t have to become a full time online seller to sell a few unwanted items such as old clothes or electronics. Facebook Marketplace, Gumtree and Ebay are a good starting point to de-clutter your home.
Make A Quick Sale
For things that you know have some value but don’t feel like messing around with, consider selling off to a pawn shop. Though you will only get a small percentage of its worth, you don’t have to wait around for the item to actually sell. Of course, it also helps if you keep in touch with friends or family as they may be willing to buy a few lower priced items from you if they’re in need of it.
Change Your Commute
Commutes cost a lot of money – a yearly train ticket can cost thousands and fuel prices are rocketing. In many cases people would be perfectly able to make their way to work via greener alternative means – whether that be walking, cycling a bike or otherwise. Making your own way to work via an electric bicycle, scooter or otherwise is better for your health, pocket and environment.
Get A Garage Sale Going
When the season for yard and garage sales rolls around, why not host one yourself? You can even try getting together with your neighbourhood or friends to do it together. The more items you display and the better your marketing tactics, the higher the profit you can turn. You can also set up a clothing swap where you can exchange stuff between friends and family. Though this doesn’t directly earn you extra income, it will prevent you from needlessly seeking out clothing and spending money you don’t have. Another twist you can put on your yard sale is to take a few things on consignment and charge money when those items sell.