In A Muddle With Your Money? Easy Ways You Can Free Up More Cash

by - 7/07/2017 08:48:00 AM

Fed up of constantly having too much month at the end of your money? Having your wages go in one hand, and straight out the other? Being an adult, paying bills and managing a budget is tough. However, if you’re smart about it, there are ways you can make the most of your cash giving you that bit more freedom with your finances. Here are a few ways to go about it.

Work a Side Job

If you’re in need of a little extra income, why not start up a side hustle? There are loads of things you can do from home, so you don’t even need to factor in the time, cost or hassle of getting to another workplace. If you already run an established blog or website, you could start looking at ways to monetize it. You could sign up to some freelancing websites and complete some projects for cash in your spare time. There are even flexible accounting and call center jobs you can do from home these days. You can fit this kind of work in around your other commitments, and it’s a good way to bring in a little extra income.

Sell What You No Longer Need

Do you have hundreds of dollars of old technology and other miscellaneous items sat at the back of cupboards collecting dust? Why not sell them on instead- someone else could get used from them and you free up space. Best of all, you can raise a little cash to use on something else. You could sell on eBay, through local Facebook groups, Craigslist, there are tons of options. You could have a yard sale or sell to a website that buys technology, jewelry, disks or other items.

Reduce Your Bills

It’s true that everyone has to pay bills, but you don’t need to resign yourself to the fact that your bills are eating up most of your budget. There are plenty of ways you can get them down which again frees up money for other things in life. Better in your pockets than in the pockets of big multi-million dollar corporations! Phone up each of your bills and check that you’re on the best tariff, and ask if they’re able to give you a better price. Some, for example, will offer a discount if you pay by direct debit. Work to reduce your energy consumption; along with being careful about leaving lights and appliances on, you could purchase energy saving bulbs. You could even go a step further and have solar panels installed. Not only is this good for the environment (since less energy used means fewer fossil fuels burned) but it also makes it cheaper for you too. Solar panels generally pay for themselves after a few years, and after that, you have free power.

Shop Smart With Groceries

Your food bill is likely to be one of your biggest expenditures in the month. Work on cooking more from scratch, homemade meals are far less expensive than those that are ready made (and healthier too!) freeze the leftovers in individual containers and you have meals for later on too. Stop buying big brands, while sometimes brands do taste nicer often the supermarkets own is very similar and costs just a fraction of the price. Work out which you do and don’t like to slash your food bill. Planning out a menu for the week and creating a shopping list is useful too. That way you’re buying exactly what you need, things aren't being wasted and you’re not being tempted by offers.

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