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Sunday, June 23, 2024

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HomeMoneyYour MoneyThere is never a wrong time

There is never a wrong time

To boost your income whether it’s for the annual vacation or a special celebration, making extra money is always welcome and could actually pave the way to a new business venture.

Firstly, it’s always a clever idea to make sure that the money you do have locked away in you bank is working for your benefit. Think about changing your credit card to one that pays you back a proportion of what you spend each time you use it, and set up a direct debit to pay the card off in full each month, if possible so there is no interest to pay. In this way if you use your credit card to pay for all of you normal living costs you can make £100’s each year. Top cards usually pay 5% cashback for the first 3 months.

Another savvy move is to check what your savings account is giving you back. Best buy rates have taken a massive diver with some current accounts earning a pitiful 0.1%. For just a few minutes work you can move from a poor rate to a top easy access savings account which can earn you around £70 a year.

In fact, there is fierce competition in the banking market – just about everyone wants your hard-earned cash and because of this there are some very juicy incentives for switching banks and the extra money is better in your pocket than theirs.

Once you have sorted out your own house as far as your money is concerned you might also check what your power provider rates are compared to others – again the market is competitive and there are some great deals out there to take advantage of.

Next it’s a good idea to make some money from the unwanted gifts, clothes, and items that we all have cluttering our living spaces – Just about anything (as long as it’s in great condition) can be re-sold on eBay, or for free on Facebook and many people make a great deal of cash buying and selling this way.  Gumtree and Preloved are two other places that you might want to advertise your wares.

Another interesting way of earning money is by making use of your hobby especially if it is a creative one If you can knit, crochet, paint, write content, or have knowledge in a specific area, then people are willing to pay for it.

You can even sell your tech ‘leftovers’ like an empty iPhone box will bring you in around £20 whilst remote controls can rake you in up to £50. Any old tech that you can’t sell could be given a new home via Freecycle or Freegle which means they won’t end up in a landfill.

For a fun, if not certain way to earn some extra money you might try some of the new Nektan sites where you can play on a few of the most popular slots games at anytime and anywhere you choose on your mobile devices. Playing like this can really de-stress from a busy day and because you can play using the sites bonus money, not your own, it’s a win, win situation – and you never know, it might just be your lucky day.

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