Many strategies for getting out of debt focus solely on cutting expenses. However, you should also look for ways to increase your income. These low effort methods of making cash can fit into nearly anyone’s weekend schedule.
Apps such as Letgo and OfferUp make it easy to post items for sale online. Look around your house for things that you’re never going to use again. You kill two birds with one stone. You get to declutter your home while making some money. Take well-lit pictures when you’re creating your posts. You give potential buyers a better look at the items and it helps them decide whether they want to go ahead with the purchase.
If you’re getting rid of clothes, check the labels before you post them. Designer brands may get you more money if you take them to a local consignment shop.
Pet sitting and housesitting don’t require a lot of special skills. If you already have a cat or dog at home, you probably have enough experience to check-in on someone’s pets while they’re on vacation. You can also look for dog walking gigs to make money and get a good workout.
Housesitting typically involves checking the mail, keeping the house in order and watering houseplants. TrustedHousesitters and Sittercity are two websites that can connect you with opportunities in your area. You may also want to let your social circles know that you offer this type of service.
Do you have a spare room or plan on heading out of town for a weekend? Rent out your extra space or whole house through vacation rental and house sharing sites like HomeAway and Airbnb. The amount you can make depends on how much space you’re offering, the amenities and the location. Once you get a few good reviews on your listing, you’ll have an easier time getting consistent bookings.
Accelerate your debt payoff strategy by using these simple methods to make extra money. They usually require less time commitment than a part-time job, plus they work around your schedule.
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