Do you have a wealth-building plan? If not, you should. Regardless of your current financial state, it is possible to turn it around or build it up more. There are generally two schools of thought on how to get ahead. One is to start cutting costs and eliminating unnecessary expenses, while the other one suggests increasing your income. If cutting back on your current lifestyle seems impossible (or you feel like you’ve already done all you can), then it’s time to start earning a little extra income to reach yours. Freedom Debt Relief reviews of financial planners’ advice reveal these top tips for earning more money.
Earn Money from an Online Source
These days there are so many ways to earn extra money online! Seriously – if you know how to use a computer, you can find a way to earn extra money. Freedom Debt Relief reviews of the different ways you can realistically earn money online include:
- Sell items you no longer need through an online auction or garage sale (i.e. eBay, Facebook, Craigslist, etc.)
- Depending on your skillset you can find a variety of tasks jobs on sites like Fiverr or TaskRabbit.
- If there is something that you are really knowledgeable about, write a course about it and publish it online through sites like Udemy or Teachable.
- Pickup freelance jobs writing copy, building blog sites, or even managing social media campaigns on sites like Upwork and Freelancer.
- Create your own blog or money-making website.
- Perform simple tasks on Mechanical Turk for Amazon.
As you can see, the possibilities are virtually endless. Explore some of these and find the one (or more) that you can easily incorporate into your schedule.
Pick Up a Side Gig
If you spend enough time at a computer for your day job, then you may need a break from the internet in your off time. No problem, there are plenty of side gigs that you can do that do not require a lot of time on the computer.
For example, you could become an Uber or Lyft driver, deliver pizzas, or even become a mystery shopper. Freedom Debt Relief reviews of the mystery shopping industry show that you can make anywhere from $5 to $20 on average per mystery shopping visit. While this may not sound like much, over time it can add up. Plus, you can easily find jobs that pay you to do something you planned to do anyway. After all, who doesn’t like to go shopping or eat out?
Another way to earn income on a side gig is to monetize a hobby or talent. Are you good with kids? Start babysitting. Do you like to make your own jewelry or enjoy woodworking? Sell your creations for extra income.
Get an Advanced Degree or Certification
If you enjoy your current profession, but feel like you are in a rut, then further your education. Not only will it increase your ability to become an expert in a certain area, it could also increase your income. If you become highly specialized in one field, or niche, not only could it lead to a higher salary, but also other income opportunities. You could speak or write articles on the subject, start a blog, or even do consulting work.
Freedom Debt Relief reviews of advanced degrees show that they are very beneficial provided they make financial sense. Don’t spend a small fortune on a degree that isn’t going to help you increase your income.
Refinance Your Debt
An easy way to put more money in your pocket is to reduce the amount of money you spend on debt each month. If you have multiple credit cards, find one with a low-interest rate, transfer your balance, and pay it off. If you own a home, watch mortgage rates and refinance when the time is right.
If your debt feels insurmountable, you can also look for at debt consolidation or debt resolution companies. Freedom Debt Relief is a leading debt resolution company that has eliminated more than $7 billion in debt for its customers. Freedom Debt Relief reviews have shown that many people who were overwhelmed with debt could turn their lives around financially by entering a debt resolution program. If you are interested in learning more about our program, contact us online.
