We are all starting to feel the pinch of the higher costs of living this year. Our energy bills are at a record high and there’s no doubt of the impact of higher costs on the weekly food shop. One of the ways to approach this is to make as many cuts in your budget as you can and whilst that’s obviously worthwhile it will also make a huge difference if you can boost your income too. Here we look at our top 6 ways to create much needed extra income this year.
1) Super surveys
Online surveys are usually quick and don’t pay very much but it adds up to a nice little balance if you can do plenty of them. This is a good one for doing in the evening while you’re watching television.
2) Check your interest rates on your accounts
It’s worth having a look at all accounts you hold which offer interest and making sure they are still working for you. AQRU offers interest rates on your Cryptocurrency through Crypto savings accounts, which work in a similar way to traditional savings accounts. The world of Crypto can seem complicated and not that ‘beginner-friendly’ due to its volatility, but that’s where AQRU come in. They make it easy for beginners to tap into Crypto, and do the hard work for you! You can also earn high rates of interest on Crypto.
3) Cashback baby!
Make use of any offers of cashback. Halifax, for example, give cashback on purchases from certain companies, provided you’ve opted in.
4) Time to switch accounts?
Banks often offer a financial incentive for you to move your bank account and your direct debits to them. These days this process is pretty painless, it’s easy to put in motion and the bank will sort everything else out for you.
5) Selling sites
There are multiple options to choose from when selling unwanted goods. Be sure to double check any listing and ensure you’ve accounted for enough postage to avoid being out of pocket. Selling unwanted goods is a fantastic way to get a little extra back into your bank account. It’s surprising what people want sometimes so it’s worth giving it a go! Plus, you can feel good that you’re doing your bit for the environment and not sending as much to landfill.
6) Shop around
There are savings to be had on all sorts of consumer goods, you just need to be patient and take the time to find them. If you’re making a big purchase, it may be beneficial to wait until a sale or a marketing event such as Black Friday to make sure you are getting the most from your money. Try and approach events like this with a definite goal of what you want to purchase and don’t make impulse buys.
I hope this blog post has provided some useful info for you? There are so many amazing options out there to earn extra income these days, especially if you have good access to the internet – which lets face it, most of us do! With rising prices in fuel and utility bills (plus pretty much everything else) now is a great time to think about those extra ways of earning and income and to start to test out the water and see what works for you. If you have any ideas which you think should be added to this post, it would be great to hear about them. Please do get in touch…