As people of all walks of life are confronted with the real danger of a growing cost of living crisis, it’s important to explore new ways to earn more money. In doing so, you can ensure that you are able to build up your finances and avoid slipping into debt. You might even be able to grow your savings. This will be useful if you are scared of rainy days in the future. There are several steps that you might be able to take to unlock plenty of extra cash. Here are some of the options you should explore.
Antiques In The Attic
First, it could be worth exploring the attic for extra money. No we’re not talking about converting your attic. Not yet anyway. Instead, we want you to take a deep dive into the items that have ended up pushed to the back of the attic over the years. This could include old toys, merchandise and other rare items.
In a world where everything sells on eBay, some of these items could be worth a fortune. At the very least, it’s an opportunity to sort out and declutter before a future move. If you do think that you have found something rare or expensive, then you can complete a quick search online. Find out if there are any similar items on sale and look at how much they are selling for.
At this point, it could be worth thinking about setting up your own eBay account. It’s important to approach this the right way. You need to ensure that you are going to be trusted. To do this, we recommend that you buy cheap wholesale items that are high quality. This will quickly help you build up a lot of positive reviews. It will mean it’s easier to sell or auction more expensive items. Don’t forget, the more you sell, the more likely it is that you’ll need to tax items.
Or, you could look to your car as a way to earn some extra funds. One of the ways that you can do this is by using the car, as a taxi service for a business like Uber. There are lots of companies like this and if you love driving, then it’s a great way to earn a little cash each week. Just remember that reviews are critical to your success here. Poor reviews will make it more difficult to get customers.
Alternatively, you may have a highly valuable car in your possession. Not all cars depreciate rapidly in value. Some make gains overtime, if they are considered classics. If that’s the case, then you should spend time keeping a vehicle like this well maintained. Do this and you will be able to sell it for a small fortune in the future.
You could also have a car that is no better than junk. If that’s the case, then you might want to explore cash for junk cars service. This is a great way to earn some money on a car that has seen better days. It’s a far better alternative compared with simply scrapping the vehicle.
If you are wanting to make a bit of extra money on the side and you have extra rooms in your home, why not rent them out to people that need them. You may know a professional that needs somewhere to stay. Alternatively, if you live in a high-tourist area then how about transforming your home into a B&B? Remember, if you do this then you will be taking on the roles and responsibilities of being a landlord.
This doesn’t always come easy, although it is easier to manage if you live in the property itself. If you live in a separate home and your tenants run into difficulties then they may have to wait a bit for you to arrive. You will need all the necessary paperwork that comes with being a landlord. This includes buildings insurance, if something were to happen and one of your tenants was injured or your building destroyed then this would cover it.
The Home Itself
If you have exhausted yourself trying to think of ways to make money within your home then how about your house itself? This is one of the biggest assets you own and it could be worth a small fortune if you wanted to sell it. If you do decide to put your home on the market then there are many things you need to be checking for.
One of the first things to research is, how is the housing market doing? This questions whether or not your home will be stuck on the market for many months. If so, then it isn’t worth doing just yet, you are better off holding out until you know your home will sell.
In the meantime you could ensure your home is in tip-top condition ready for prospective buyers to walk through the door. It may seem like a bit of a minefield getting your home ready for sale, when in reality it can be really easy.
Spend some time decluttering and deep cleaning, when buyers come to look around your home they don’t want to be met with your belongings covering every surface. There are many ways to declutter including going through each room and sorting your belongings into four piles. These consist of the things you want to keep, throw away, donate, or sell.
We hope this helps you understand some of the key steps that you can take to earn a little or even a lot extra each month. In doing so, you can set up a secondary income that you will be able to fall back on. Remember, you should also be exploring areas where you can save money too. For instance, you can think about going green with your future choices. One of the ways that you can do this is by adding solar panels to your roof. This will save you an absolute fortune on your energy bills each year.
KT is a digital nomad who quit her job, bought a ticket somewhere, got a tan, fell in love with mother nature and she would never return to the normal life that society dictates. You can also connect with her on YouTube, Facebook, Twitter, and Instagram: @pinaynomad