How would you like to top up your bank balance or make some extra money every month? With so many of us strapped for cash right now, I think being able to make an extra 500 a month would be a great thing! Lets have a look at some simple things we can do to free up some cash and make some money!
Shop Via Cashback Sites
How often do you buy things online? If you’re shopping without clicking through a cashback site you’re missing out on free money. Some companies give you 1% of what you sell back in cashback, but others give you up to 20%. I’ve even shopped via a cashback site and had 50% of what I spent given back in cashback! Having made over £3300 in cashback via Quidco, I massively recommend signing up. You’d be a fool not to.
Change Your Utility Company
What are you spending on energy every month? The majority of us could get a much better deal and pay less money by simply switching who our utility company is. If you’re on a standard rate with the company you’re currently with but like their customer service, ring them up and ask to be put on their best tariff. Don’t be scared of switching to other companies and even unknown names. Some of the smaller energy companies have amazing prices and if the worst did happen and they went bust, you’d simply be moved to another company and then be able to switch again should you wish. Cutting back on your gas and electricity spends is a great way to make an extra 500 a month.
Sell Things You Don’t Need
Is your house full of clutter you don’t need? When was that last time you even switched on that radio in the kitchen or played those DVDs? Lots of us have streaming services so we don’t need our films and CDs anymore. Firms like MusicMagpie will give you a fixed price for your items. Just scan them with the app and then parcel them up in any old box and organise the free courier.
You could also try to flog your things via Facebook Marketplace which is free to use. You won’t get charged fees like on eBay and the buyers usually collect pretty quickly, paying cash in hand. If you have any old gold you can sell it for a good price. The price of gold is good right now and my Dad sold some old cufflinks he no longer wanted, which covered the cost of a ring being resized and gave him some cash too.
Downsize Your Home
Consider how much you pay every month to live where you do. The council tax on bigger houses is more expensive than smaller ones. The mortgage you’re paying might be a large monthly fee. You’re paying to heat a home which you might not even use some of the rooms in. You even need more stuff as you have more rooms to furnish. By dropping down from a 4 bed house to a 3 bed house you’ll likely change council tax bands and save some cash in other ways too. There are expensive areas and cheaper to live areas. Whilst you might not want to move house, it can be a great way to save money.
Take On A Second Job
Using your free time in an evening or at a weekend is a great way to make an extra 500 a month. If you spend your free time sat on the sofa streaming the latest boxset, you could be delivering pizzas or running a side hustle selling crafts you make. There are loads of part time and seasonal jobs out there which could add to the extra money you want to make every month.
Save The Money For Things You Want
It is a great way to save up for things you were considering buying. Rather than splashing the cash straight away or putting it on a credit card, you can put aside the extra money you make. Maybe you’ve been thinking about a holiday? Or perhaps towards your wedding? There are great ways to save on your big day too though!
Consider doing your own hair and makeup. This can save you time and stress on the morning of the big day. Why not invest in things you can use now, for the wedding and afterwards. Take a look at the mdlondon BLOW hairdryer. This will ensure that everyone has a great hair day!
Final Thoughts
These are just a few of the ways you could make an extra 500 a month. Be creative. Find gaps in the market to start a new business. Buy cheaply and sell at a profit. Think about how you can utilise your time more effectively. You’ll soon see that extra money on your bank balance or in your savings account!
