When monthly income can’t keep up with the budget, often times a person will use a credit card or take out a cash advance to support the additional expenses. I often hear complaints about finding a second job. No one is hiring, there is no time, don’t want to give up weekends, can’t afford the extra daycare needed and so on. A second job does not have to consist of an official employer. Find a niche in the community or use a hobby to bring in extra money.
Make your own cash advance emergency fund.
There are plenty of opportunities to make extra money, sometimes all it takes is some time thinking outside of the box. What talent, skill or hobby do you have which could bring in some extra income?
- Start a lawn care service.
- Clean houses in your community.
- If your passion is in gardening there are two options. Grow produce or flowers and sell them locally or provide a service to help others maintain a garden.
- If you are into carpentry you could build to sell or service the community to help with expansion or remodeling projects.
- Turn a garage sale hobby into a resale business. Resell items for a higher price or if you find something in great condition, you could potentially make more money selling it online. When yo shop these sales often enough, you know what is hot and what is not.
- If you are an avid baker, you may find a local restaurant or diner willing to sell your product. Local farmer’s markets offer opportunities for home made products. See what is offered in your community.
One of the best ways to help promote your cash advance fund is to spend a small amount of business cards. Make sure you hand them out to each person you service or sell an item to. It is a great inexpensive way to promote your little business. The more people talk about what you do the greater chance of building your side business. Who knows, if you are really good at what you do, it could possibly become the much more than a way to build a savings account.
Do you have access to the Internet? Selling product or second-hand times is a big Internet business. There is more. Do you have a collection of your grandmother’s favorite hand-me-down recipes? Compile them into a cookbook and sell electronic copies of the book. Build a cooking blog and promote your book by writing about experiences you had with your Grandma. You don’t have to be a high tech computer expert to speak to your community via the web. I’m sure someone you know will know something or someone who can help you get started.
There are plenty of ways a person could make some extra money. The more money brought into the home, the less wasted money on cash advance or credit card reliance. You never know, your side job could become your retirement fund. Extra money does not all need to account for extra fun. Treat yourself and save the rest. you will be happy you did later on.
