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increasing your budget by making more money

Give your Budget a Boost by Making Extra Money

give your budget a boost by making extra money

In many cases, it can be challenging to make ends meet – especially when faced with an unexpected expense such as a car repair or a child starting school who will need uniforms. Although many people are able to provide advice regarding how to spend less money (eat out less or buy fewer clothing items, for instance), there is an alternative option, which is to see how you can make extra money on the side instead. There are several ways to do this.

1. Earn Cash with your Craft Hobby

Do you make handcrafted jewellery, tie-dyed clothing, wooden items or even hand-sewn clothing? If so, goods like these have the ability to sell in extremely high quantities at craft markets and fairs. Your item(s) may even sell enough for you to turn your craft or hobby into a full-time income generator. Items can also be sold on sites like Ebay.

2. Sell Items Online or at a Boot Sale

If you have decided to de-clutter your home, chances are that you’re sitting with a lot of unwanted goods such as appliances, clothing, toys, shoes or even furniture. These can be sold online or at a car boot sale. Chances are that you could rake in a few hundred pounds on a single Sunday morning when selling your unwanted goods. If you have friends or family who want to get rid of items, you could offer to sell these for them in exchange for a percentage of the sale price as well.

you could earn extra money dog walking

3. Keep Dogs Company and Walk them

Most pet owners will only be too willing to have someone walk their furry friends or even just pop in to keep them company during the day while they are out at work or away on holiday. In some cases, you could even be asked to stay over at the pet owner’s house to ensure that Fluffy and Fido are fed according to schedule. Dog walkers often charge hourly for their services, meaning that you could make a good few extra pounds a month doing this.

4. Consider Teaching a Skill

Do you know how to sew, do woodwork, bake or paint? If so, hosting classes to teach these skills to others can enable you to earn a few hundred extra pounds per month. Although you may have to rent a venue to host your classes if they grow after a while, you should still be able to make a healthy profit.

5. Perform Repairs

Are you able to repair various items such as lawn mowers, bicycles, fencing or other household items? If this is the case, your DIY skills could result in you being able to earn a little extra cash each year. However, with repair work, it’s essential to keep in mind that you should not take anything on that you are not experienced with.

Simply listening to people speak about what they need to have done around the house or office can provide you with a few great opportunities to rake in some extra money. It’s essential that you perform research ahead of time with regards to how to set your rates and what will be needed to get started with your new venture. Remember that there may be tax implications involved as well.

If you are looking for a quick option to get your hands on some extra cash without starting a side business, why not consider the option of a loan? Enquire today to find out how your fully paid-for car could enable you to obtain a fast loan.

Please note: The content provided in our blog posts is for informational purposes only, and does not constitute lending advice, nor does it claim to portray the actual lending experience accurately.