Boost Your Bank Balance Each Month | Get Financial Freedom Tips | Transform Your Financial Future


Monday, June 5, 2017

Boost Your Bank Balance Each Month

We all do our best to put money away every month, but sometimes things happen that can leave us a little short at best, or completely drain our savings at worst. Nothing is more nerve-wrecking than knowing you’ve got a mountain of bills due and not enough money to cover them all. If saving hasn’t eased your financial strains, then the next thing to do is look for ways to boost your income so that you never miss another bill.  

Bank Balance

Sell your unwanted items

The next time you’re looking to get rid of some clutter, see if anything in your donation pile is worth money. If you’ve got some Disney films lying around, you could actually be sitting on a potential goldmine. To increase the demand across generations, Disney Studios carefully restrict the supply of some home release classics by locking them in the ‘Disney Vault' for 8-10 years before being released for a short unspecified time. If you have a DVD or Blu-Ray that is currently not on the market, it could be worth a lot of money. Alternatively, you can also sell any disused sporting goods that are still in good condition, the clothes your children have outgrown, or the jewellery you no longer wear on eBay. 

Get a loan

People looking to make ends meet usually turn to a payday loan, although they are often advised to do this as a last resort. Due to their high interest rates, things can get expensive if you don’t pay them off quickly. Instead, you should look into contacting a FCU (Federal Credit Union) because they offer the same financial products as banks, but they are much cheaper. Most people use their local credit union for car purchases because commercial banks are normally a percentage point or two higher than credit unions. 

Start your own website

Although it won’t make you rich quickly, many people are finding that having a website is the easiest way to turn a hobby into a money-making scheme. The quickest way to make money from your website is through affiliate marketing, which is where you endorse products you like to your subscribers. If your audience is interested in the product, they click on an affiliate link, and you get a split of the sale price if they purchase the product. Even if you’re not one of the lucky few able to make enough to quit their day job, you might still generate enough income to pay your domain expenses.

Online surveys

Doing surveys online is becoming increasingly popular with students and other busy people because very little effort is required. Signing up is easy, but you should know that you won’t be making a lot of money right away. Still, this is good way to save up for your Christmas expenses. Be careful, not all survey sites are created equal. Some are legit and pay a decent amount of money for your time, but others either take longer to pay the same amount, or they’re scams.

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