10 ways to make extra money during the holidays!
Updated: Mar 26, 2020
Implement these simple ways to earn money and avoid the financial stress and overspending that comes with the holidays.
Holidays involve eating out, shopping, buying gifts and other expenses that could possibly be unplanned. An unplanned expense can have a serious impact on your budget. If you already have a tight budget, you may struggle with your finances. If you do not have a budget at all, you are missing out on the most important step when it comes to achieving your financial goals and being financially independent.
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By implementing simple ways to earn a little extra money, you can not only improve your finances but also make the most of your holidays. Besides, everyone can use some extra money regardless of their financial situation. Here are the 10 ways to help you make more money during the holidays -
1. Rent out what you own.
This involves renting out a room in your apartment or house and also, renting out other belongings that you may own and do not use. For example, a professional camera or an electric guitar. People are always looking for things for a short period of time and do not necessarily want to buy a new one. There are websites where you can list them down and interested lenders will reach out to you.
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2. Sell handmade items.
Handmade items could be anything from soap bars to crafts, decorations, gifts, jewelry, paintings, etc. Join a local market fair where you may sell these items or you can list them down on websites or in several Facebook Groups.
3. Petsitting or Babysitting.
If you have time on your hands and love looking after pets or little babies, offer to do it for your friends and family or anyone else whom they might know. You may also reach out to others in Facebook Groups offering your service.
4. Freelancing gigs.
A freelancing gig could be anything from proofreading to writing, editing, tutoring, designing, etc. There are plenty of freelance job websites and Facebook Groups where you can land a gig. Getting the first one is usually hard but it will help you in building a portfolio and landing more clients.
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5. Flip stuff.
Visit second-hand stores, flea markets, and websites where people sell used items. You can then buy them at a cheaper rate and sell it at a higher rate. The key is to bargain for a lower rate and go for items you know will sell.
6. Earn cashback.
There are apps and websites that help you earn cashback on your purchases. All you have to do is simply scan your bills or the product barcode. This is quite handy as well as you earn cashback for the purchases that you make on a regular basis such as grocery shopping.
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7. Sell things you do not need.
Look around your home and you will be surprised to find the number of items that you own but don't really use. At times we are hesitant to sell things that we own as we may have some sort of attachment to it. However, it is important to know that if you do not use it, you most likely don't need it. Get rid of those items by listing them down on websites and in Facebook Groups.
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8. Mystery Shopping.
Mystery shopping is a tool used by market research companies to measure the quality of service or gain more information on products and services. These market research companies are often looking for mystery shoppers where you are given simple tasks to complete at your convenience. These tasks could be anything from ordering a drink to shopping for clothes or just conversing with the staff at a retail outlet. These companies also usually reimburse you for anything you may spend as part of the task requirement.
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9. Surveys & Focus Groups.
Completing Surveys is one of the easiest ways to make money online. There are plenty of websites and apps that reward you for your opinions. Always look for the trusted ones through reviews posted online. On the other hand, focus groups are also a tool use