Find more money without more work
You’d love to find extra money to have that extra drink before last call. It’d be nice to find extra money to buy business-class instead of coach. Best of all, it’d be great to find extra money to pay off that extra debt. But, who wants to find an extra job?
Read below for 17 ways to find extra money without finding an extra job, and download our free tool to find extra money where you didn’t know you had it.
10 super-simple ways to find extra money
1. Get free stuff
That’s right. One of the best ways to find money is to not spend the money you already have. But how do you get free stuff? One of the easiest ways is to sign up to be a product feedback rep. How do you do that? We like Pinch Me.
Pinch Me is free! You sign up. Select the types of samples you’d like to start receiving. They show up at your door and you get to use them. Then you log into the Pinch Me site and provide some brief feedback on the products and voila! You just saved yourself some money and got some free stuff. Who doesn’t love some free stuff?
2. Grocery shop on optimal days such as double-coupon or special sales days
First, subscribe to the Sunday paper because they’re packed with coupons. Then, clip and file your coupons. This is old school but it works. Then, go to each of your grocery stores’ websites to check the in-store sales.
Armed with your coupons and in-store sales info and knowing what you already have in your kitchen, create a weekly menu. Try to buy very little, if anything, at full price and waste no food. One great tool we use regularly is Ibotta! Before you shop, check to see if any of the items you plan on purchasing have discounts available for in-store shopping on Ibotta. If your favorite store is Target, see what coupons they have for items at Target. If your favorite store is Whole Foods, check for discounts.
This is all part of the strategy that helped us cut our food spending by over $20,000 a year!
3. Get paid for your opinion
We all have one right! So why not get paid for them There are plenty of survey sites looking for your opinion and willing to share some of their revenue. Our favorite is Survey Junkie. You’ll get paid to watch videos, review products, take surveys and even shop. We suggest setting up a strategy to make $1-3 a day by answering surveys while watching TV. You could earn an extra $350-1000 a year with this alone! Sign up today.
If you’re looking for ever more opportunities to get paid, check out Swagbucks. In addition to making money by taking surveys, you’ll also earn money when you shop online. We know you already shop online a bit, so why not get paid or at least get some cash back! Check out Swagbucks for more info.
4. Get paid to shop for others
We recently discovered Instacart. It’s a great way for us to save time and money. We don’t impulse buy because we aren’t at the store. We also save time. But, our time could mean money for you. This is the perfect after school, work or weekend way to earn an extra few bucks a day. Do it a few times a month and you could be adding an additional $100-200 to your wallet each month. Learn more and sign up to be an Instacart shopper.
5. Use cash
It’s a dying commodity, but people who use cash for their everyday spending spend 12% – 18% less than those who use credit cards. For example, “McDonald’s reports its average ticket is $7 when people use credit cards versus $4.50 for cash.” So, use cash and save yourself 12% to 18%.
It’s easier to use cash when you have a budget. When you know how much you’re spending you can grab the cash you need on the way home from work or before you head out. If you find it hard to budget, see out how we do it.
6. Save on your online purchases
Wouldn’t you love it if every time you went shopping online you saved money? Would it be great if there was a way to find the best coupon codes for almost every purchase you make when you’re shopping online?
Guess what? There is. The Honey browser extension can be added to Chrome or other browsers and it will search for coupon codes when you are on your favorite shopping sites, like Amazon or you can shop directly from the Honey site for bigger discounts. The great thing is it’s free and saves you money. Plus you can earn points towards gift cards when you shop at select sites.
7. Improve Your Credit Score
Having a good or great credit score will save you a $hit load of money over your lifetime.
Whether it is for the interest on credit cards, loans or a mortgage, the better your credit score the more money you get back into your pocket. In fact, we’ve helped some folks improve their credit scores and then helped them use the Debt Lasso method to lowe the credit card payments.
How do you improve your credit score? Simple, have a plan.
It all starts with knowing your credit score, what makes up your credit score and the steps to improve it. We suggest using Credit Wise.
Credit Wise is a great place to start with building your credit. You only need your social security number, phone number and your address to sign up. Once you sign up you will see your credit score and then a list of items that help make up your credit score. You will see things like the amount of credit you have, how often you are making payments on time, whether you’ve opened any recent accounts and the total amount of credit you have available.
Credit Wise gives you a list of suggested steps to take that will help you improve your credit score. You don’t need to take them all right away, but slowly work away at them and you will see your credit score start to increase. So, sign up for Credit Wise for free today.
8. Cut back a little on all your expenses
You aren’t one for the dramatic but the subtle? Try a corporate-like corporate cutting. Departments and whole companies often cut a percentage of expenses across the board. For example, cutting 4% on all expenses. Do the same. Need some help figuring out how and where? Start by getting this simple-to-use tool we created for you.
9. Return unused items
Have a collection of things and clothes you’ve never used, return them.
Return. Them. All.
Stores like Amazon, Nordstrom, Home Depot and Target have amazing return policies. Ideally, have the tags and receipt. Have at least the debit or credit card you used, and you’ll get a full refund. Then, do #4 and save your receipts.
10. Redeem gift cards
Don’t have actual things to return but a collection of gift cards with a few cents to a few dollars? This is found money if you take them to PlasticJungle.com. Sure, you’ll only get 80% value, but it’s money you didn’t have to buy things you don’t need.
11. Lower your student loan payments
One of the best ways to land more cash in your pocket is to stop paying high-interest rates on your public or private student loans. Our niece used Sofi to refinance her student loans and is putting over $200 a month back into her wallet. Refinancing her student loan debt is going to save her over $25,000 in ten years. Imagine what you could do if you refinanced your student loan debt?
7 not-so-simple ways to find extra money
12. Sell stuff
Most of us have more stuff than we need. Remember that food processor you got a few years ago for Christmas and never used? Will you ever read all those books you’ve been collecting? How about that gently-used clothing you’ve been holding onto for when you’re no longer holding onto that extra weight?
13. Ask for a raise
You may not want to find an extra job to find extra money, but you may be able to find extra money at that job you already have. It’s not easy, and it takes time, but earn it and ask for it – a raise, that is. If you need help writing the perfect request for a raise, read our six tips to write the best annual performance review ever.
14. Rent your extra space
If someone’s willing to pitch a tent in someone else’s backyard – keep it clean – you may have more space than you need to rent to a needy inhabitant. You may not want them living in your backyard, but if you have extra room in your house or above the garage, a perfect option is to host via MisterBandB, the largest network of gay-owned or gay-friendly rooms, apartments and houses available for a night or more. We also like AirBnb because they are so broadly used. Learn how to be an AirBnB host.
15. Change banks
If you’re paying fees of any kind at your current bank, leave. Whether you’re paying ATM or low-balance fees, find a more appropriate bank, even if it’s a virtual bank. Regardless of your needs, you don’t need to pay fees. Of course, the freer the bank account the lower the savings rate.
16. Rent out your car
Have a car you never or rarely use, use Turo.com, JustshareIt.com or GetAround.com to rent your car to people who temporarily need it.
17. Sell your photos online
If you’re even a modest photo hobbyist, sell your iPhone or Android photos online to Shutterstock, Photoshelter, Fotolia, DreamsTime and/or iStock.
If one of these 17 recommendations helped you print our free tool to 10X your money hunt. Get it for free here.