It seems like inflation is always on the rise while raises and minimum wage plateau for the majority of people. Most households need two incomes just to make ends meet and even then there’s not a lot of room for extras in the budget.
If you’re looking for some extra cushion in your wallet, though, 2020 is full of income boosting opportunities, like these 5 money-making tips you can do from anywhere.
Increase Your Paycheck With These Opportunities
These quick and easy tips are good for anyone. But if you’re looking for opportunities geared towards specific skills or even more choices, check out Money Done Right’s guide on how to make money fast.
1. Download money-saving apps.
Before you lift a finger to do any extra work, why not start with the basics? We all have to purchase gas and go grocery shopping, and everyone likes to get the best deal for their money on their purchases.
There are dozens of legitimate cash-back apps that pay you money to purchase groceries you were already going to buy anyway. If you’re a regular restaurant-goer, you might find that subscription meal delivery services save you money by delivering to your door. You’ll save on the meal itself, avoid beverage costs (usually around $3 a person) and also reduce the extra spending that adds up when you leave a tip.
2. Declutter your junk.
By 2020, there is no reason to have a time-consuming, stressful yard sale to get rid of your unused goods. Instead, you will have easy access to online selling avenues like Facebook marketplace, Decluttr, eBay, Poshmark, and Craigslist.
But if you do still want to have a yard sale, make sure you advertise online for free on your social media and local news sites.
3. Join a direct sales team.
With so many brick and mortar companies turning into online-only sales, direct marketing is quickly becoming commonplace and accepted. It’s easy to find companies who need promoters and, once you find a product you like and a company that’s reputable, you can work from your phone anywhere, any time.
4. Invest in your passion with a side hustle.
If you have a passion that other people are willing to pay for, it’s simple and cheap to invest in yourself. With a little marketing through free sites like Canva to create an ad and your own social media, you can market yourself and your skills. You set your own hours and your own prices, doing what you love and making a little extra on the side.
5. Shop around for the best deals.
You probably have multiple bills that you are paying too much for every month. Do some online price comparisons for your homeowners and auto insurance, life insurance, cable TV channels, phone bills, and other monthly expenses to see if you can cut a little extra and make some room in your wallet.
You Don’t Have to Settle for Your Paycheck Anymore
With so many side opportunities to make a buck, you don’t have to live paycheck to paycheck at your daily grind. Give some of these tips a try and see if you can boost your income!
Great tips for 2020, I have made my notes so I can refer to these. Will share with my family, friends, and my co-workers. Decluttering junk is one of my favorite tips before going into the New Year.
I will definitely be sure to pass these tips around. The economy has really hit everyone I know hard. Any advice on how to save more and expand your income can really make a difference.
Thanks for this great tips. These are very helpful.