7 Ways to Find Extra Money and Boost Your Savings

A lot of the financial advice that you’ll read involves saving more money. Of course, that’s good advice, but saving more isn’t always practical when it feels like you’re barely able to cover the bills.

Thankfully, there are a number of ways that you can find extra money if you’re willing to put in a small effort. Making a load of cash isn’t the goal with these methods, but you can make something extra that allows you to start saving or increase your savings.

We’re all busy, and sometimes finding ways to make or save money simply doesn’t work with our schedule. Fortunately, there are some ways to make money with things that you’re probably already doing.

Let’s take a look at a few specific ideas:

One of the easiest ways to save money on the things you need to buy is to use cash-back apps. Many of the purchases you make on a regular basis will qualify for cash-back with one of several different apps.

There are a lot of cash-back apps out there, and the best ones are simple to use and won’t take very much of your time. Here are a few that you should definitely try:

Some banks will offer a cash bonus for opening a new checking or savings account. To qualify, you may need to deposit a certain amount of money or set up direct deposit. If you’re able to qualify, it’s extremely easy money, and some of the bonuses are pretty significant.

Many businesses will offer you some sort of bonus for referring a friend.

One of the easiest ways to boost your savings is to sell things that you don’t need anymore. We all have stuff around our house, in the basement, or in the garage that we don’t use, and some of that stuff has value.

With just a small amount of effort, you can declutter your house and make some extra money. And as an added bonus, things that were just sitting around at your house can be very useful to others who might not have the money to buy the item new.

Another similar option is to rent out your things instead of selling them. You may be wondering who would want to rent your stuff, but there are actually a number of items that have a strong rental market. Just a few of the options include:

Almost every city has at least one plasma donation center and you can make up to $300-$400 per month just by being a donor. Each donation will take about an hour of your time and you can donate up to twice per week.

Assuming you work a traditional Monday through Friday schedule, picking up a weekend job is one of the best ways to significantly increase your income and allow you to save more. Of course, that will mean less free time, but it could be just a short-term solution if you don’t want to do it forever.

Restaurants need a lot of help on the weekends and some of them are willing to hire servers (or other positions) just for the weekends. Not only will it fit with your schedule, but busy weekends give you the best earning potential from tips.

Weekends are also the best time to make tips as a bartender.

Many babysitting gigs are on the weekends and with some word of mouth, you might be able to pick up a few regular clients.

Parking cars at a hotel, restaurant, or any event center that offers valet parking is another excellent way to make some extra cash.

Head to some yard sales on a Saturday morning to find low-priced wood furniture, then give it a new paint job, and resell it for a profit by listing it on Craigslist or the Facebook Marketplace.

As you can see, there are a lot of different ways that you can find extra money to save. Pick a few of these options that seem like a good fit for you, and the end result may be well worth the time and effort.

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