Practically anyone is capable of improving one’s financial position by taking advantage of these brilliant ways to save and make money. There are plenty of easy ways to make money, so you just have to pick up the money saving tips that apply to you.
The simplest way to bolster your financial position is to save money and earn more money.
- How to save money?
Cut costs, decrease expenses and increase your revenue stream by checking out these moneymaking ideas. You can use the extra money for paying off debts, increasing your retirement savings, or achieving life goals.
Tips to Save and Make Money You Never Thought of Before
#1. Get More Interest to Make Money
Get higher interest on your savings by putting your money in a higher yielding account.
Make a thorough online search to find competitive rates of return. There are many online banks that offer 1% for savings accounts, instead of the usual 0.01%.
However, make sure that the online bank is an FDIC member, having government insurance. If you’re looking for ways to save money, take advantage of high CD rates and follow a CD ladder strategy.
#2. Begin Selling / Yard Sales – Best Way to Save Money
Clear out the clutter from your home and start making money. Time for that yard sale!!! Do some prep work and you’re well on your way to make money from your old clothes, books or even that unused treadmill or that old dining table.
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Make a thorough search of your closet and your entire home. Advertise on Craigslist, your Facebook page or just use some old-fashioned ways like posting a sign or sending flyers. Get the word out and watch the crowds pouring in.
#3. Make Use of Rewards Programs
Be loyal to brands and sign up for rewards program for your loyalty if you’d like some easy ways to save money.
Check out your favorite brands and get freebies and other rewards like cash back and gift cards when you make purchases.
Many retailers offer robust rewards to make you keep coming back to them. Be alert to sales and coupons.
As part of money saving ideas, check out online promotional codes, so that you end up spending less. Be careful to only frequent your favorite stores.
Join programs at shops where you shop often and spend more. You can save more than $1000 through such rewards programs.
#4. Ways to Save Money: Opt for Homemade gifts
If you want some money saving ideas, get creative. Bake a cake or make some homemade candles. All you need is some wax and wicks, all of which is available online at cheap prices. Make personalized calendars or compile a homemade hamper, whatever be your style.
Fill your hamper with fresh smelling food and holiday gear etc. and there you have the perfect homemade gift.
You don’t have to be a whiz at art, just add a personal touch and create thrifty gifts for your loved ones instead of purchasing them at exorbitant rates. These are some good ways to save money.
#5. Say No to Impulse Buying
Impulse buying could strike a death knell to your budget. Check out these tips to resist the temptation:
- Don’t use your credit card. Pay with cash. When you see the money actually leaving your pocket, you’ll find yourself buying only what you need.
- Make a shopping list and do stick to it.
- Don’t shop for groceries when hungry or upset, to reduce impulse buying.
- Ask yourself whether the product you are considering buying is worth the price, whether you will really use it and so on to save your money.
#6. Earn Money Online
How to make money fast? There are many websites where you can make money online, either part time or full time. For instance, Fiverr helps you pick up some extra money with a few skills, say like digital animation. You can typically earn $5 for a task.
Check out these top online jobs for 2018 as part of ways to make money fast.
#7. Buy at Garage Sales
You’re probably thinking you don’t have the time or energy to drive around searching for a nearby garage sale. Well, the good news is that you can use garage sale apps getting alerts on nearby garage sales and even receive driving directions.
You could also check out ads at nearby coffee shops or grocery shops and even your local newspaper. Compare prices with those on eBay and check reviews to get the best bargains.
#8. Make Your Own Coffee/Snacks
You might think that you absolutely need that daily Starbucks coffee. You don’t actually. Switch over to making your own coffee at home.
You can save around $10 a week. Also, instead of succumbing to the snack-buying trap, go to work with a homemade snack, a granola or just some nuts or fruit.
#9. Prepare Meals in Bulk to Save Money
Cook ahead for the entire month in bulk to save money. Prepare all the meals or just focus on any one meal.
Plan out the groceries you will need, the tools and the storage items. It could take you a few days, but the effort is well worth the time.
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It will result in less wastage. Select meals that have common ingredients, for instance – pizza and pasta. Use store flyers and tailor your food around shop deals.
For instance, if white beans are on sale, don’t plan on making a black bean burger – just substitute it. You will also be able to reap benefits from bulk purchases and make savings.
#10. Sell Photos/Crafts to Make Money Online
Many website owners and bloggers are constantly on the lookout for quality photographs. You don’t have to be a professional. Just take good quality pictures on your smartphone and you can start selling your photos online.
The site might take a small part of your earnings, but these are great places to sell your photographs or other crafts. These are quick ways to make money and you can work from home while getting additional income.
Depending on your skills and time availability, you can take any of these above routes to earn or save more money.
There are so many different ways to earn money using your laptop or your mobile phone right from the comfort of your own home. Find local jobs with the skills on hand and the extra money could add up to a decent amount within no time at all.
For instance, if you have good people skills, try customer service gigs to make money from home. You could be making more than $15 hour and get quick money.
The options are unlimited; you just have to zone in on your expertise. These are just a few ways for boosting your savings, so why not start right now?