Are you looking for easy ways to make or find more money? You’re not alone. Everyone has weeks that are tighter financially. And sometimes, it’s just nice to have some spare cash on hand. So I’ve gathered some of my favorite ways to find more money this week.
Declutter your space
Decluttering is trendy right now. And it can be a good way to bring in some extra cash quickly. Go through your belongings and look for anything that you haven’t used for 12 months or longer. You might also have spare furniture lying around in the garage or attic if you’ve upgraded your space.
Take a nice photo of whatever you’re selling, and pop it up on eBay, Craigslist, or your local buy-swap-sell groups and sites.
Related reading: 4 Benefits of Clearing Clutter
Go on a treasure hunt
Notes and coins are good at playing hide and seek. If it’s been a while since you’ve tidied your house, car or desk, now is the time.
Check the pockets of clothes you haven’t worn for a few months. Look under your car seat, the baby’s car seat, and any other hiding spots in your car. Go through any old wallets or handbags. A couple of years ago, we found $200 hiding in an old purse in the garage. Some people even find money boxes from years ago stashed away in their wardrobe!
Going on a treasure hunt is a great way to find more money this week. Get your kids involved and see what you discover.
Go through your charges
Many of us are virtually cashless, relying on credit cards and automatic payments. But very few people check every payment that comes out of every account. This means that you might be overcharged without even realizing it.
Pull up your bank and credit card statements, and check every charge. Double-check for any double-ups or excess charges. Recently, I noticed that a magazine we subscribe to double charged us. A call to the billing department (it was actually three calls, grrrr) led to them reversing the charge.
We also canceled a credit card with a monthly fee and replaced it with a no-fee card.
Check your insurance
How many different kinds of insurance do you have – life, disability, business, car, house, contents? These are just a few types! There are so many kinds of insurance that we’re told we need to have. But sometimes, you can end up with policies that overlap each other – and you’re paying extra for that.
For example, you might sign up for life insurance. Because the salesperson was talking virtual gibberish, you didn’t really understand all of the bells and whistles you agreed to. So you end up paying for health insurance or accident insurance or something you already have as a standalone policy. Or, coverage you already get from your employer or through your pension. You can easily end up paying twice for the same or similar insurance coverage.
If you hold several insurance policies, consider making an appointment with a professional who can review what you have and identify any overlaps. If you have only a couple of policies, consider reviewing the terms and conditions yourself.
Familiarize yourself with the lingo and jargon and see if you can spot any similarities among the benefits that are listed. You might be surprised to discover that you’re covered for services you never realized. This happened to me more than ten years ago. Unfortunately, by the time I realized that I could have filed a claim with the insurance company, it was too late – more than a year had passed.
- Why do you need insurance
- Why Do You Need Life Insurance?
- Critical Illness Insurance ~ How it helped my husband’s battle with cancer!
- What is Disability Insurance and Why You Need it
- What is Long Term Care Insurance and Why Do You Need It
Re-negotiate your services
Many of us have ongoing service costs. For example, if you’re reading this article, you most likely have internet or cell phone service – or both! There’s a good chance you also pay for utilities like electricity and gas. And, depending on your country and lifestyle, you might pay for other services like banking fees and private health insurance.
Whenever you have an ongoing relationship with a private service provider, you have an opportunity to re-negotiate at the end of a contract. If you’ve had good service, you might simply call up and ask if they can offer a better rate. Sometimes, your service provider won’t give you a great deal straight away. They know it’s a hassle to switch. So, take half an hour to research what the competition can offer you. Then you’ll have some bargaining power and can choose the best rate or plan.
Related reading: 4 Keys to Save More Money and Build Wealth
Saving money or increasing your income?
If you’re looking to find more money this week, use these ideas to get started. For more tips on reducing your expenses, check out these articles: 36 things you can quit buying now to save more money and 21 ways to save money on food. But in the long term, there are only so many things you can cut from your life before you hit scarcity. To live comfortably – whatever that means to you – you might also need to focus on increasing your income.
If you’d like to know how you can find more money, reduce your expenses, and/or increase your income, let’s talk! I’d love to see how I can best support you. Click here to set up a free 30-minute Get Acquainted Call.