Wednesday, May 22, 2024

5 tips to increase your personal finances

With life seeming to get more expensive almost by the minute – the majority of us would enjoy having a little more cash to line our pockets. There are lots of ways to improve your personal finances without having to spend every waking minute at work. Today we’re suggesting five ways to make some extra money in 2018…

1. Have a flutter

Are you constantly beating the boys on poker night? If so, that skill could see you win big, if you know where to play. Websites like the World Series of Poker are a great place to start out in the world of online poker. Always play for free until you feel confident enough to play for money. It’s good to set a budget, so you never over-spend, and treat it like a job – dedicate a certain number of hours to it a week and cash out every win.

2. Special delivery!

All you need is a bike and a smartphone and you can commence a lucrative side-career as a delivery rider or driver. Apps like Deliveroo are always on the hunt for new drivers, as are places like Dominos. You’ll be able to choose hours that work around the rest of your life and can make a decent wage – plus, if you’re cycling, just think how fit you’ll get!

3. Share your wisdom

Do you have a specific set of expertise that you could share online, via articles, an ebook, or perhaps even an online course? Although writing a book or course materials will take a while, once it’s up and out in the world, you’ll be able to earn a steady stream of additional passive income for years to come. On Amazon, you earn 70% of the sales of your ebooks – which is far better than the traditional publishing route!

4. Become an extra

Have you always fancied rubbing shoulders with the stars? If so, being a film or TV extra would be a dream come true. There are lots of agencies out there supplying extras to sets – jobs are flexible and all sorts of people are needed. While it involves a lot of waiting around, you often get to wear fun outfits and the day rate is a welcome addition to the piggy bank.

5. Sell, sell, sell!

They say, ‘clean house, clean mind’, and we tend to agree. If you have lots of music, CDs, DVDs, electronics and even clothes clogging up your drawers and shelves, you should sell them and make some cash. There are lots of great sites online that allow you to flog these items, or you could go the traditional route and hold a garden sale or take a stall at a local market. One person’s trash is another person’s treasure after all!

Elliot Preece
Elliot Preece
Elliot is the Editor at ABCMoney. He manages a team that writes and contributes to many leading publications across a number of industries.

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