If you are looking for ways to put more money in the bank, you might have tried a combination of bringing in more income and cutting costs. However, reducing expenses can only go so far, since certain things, such as rent, your mortgage, and living expenses, cost a specific amount. The good news is there are some ways of bringing in a bit more money each month.
Getting a New Job
One of the best ways to get more income is to get a different full-time job that pays better. Your job is likely the commitment that takes the most amount of time, so it’s important to make sure your wages are fair. When a company wants you and does not know if you will accept or not, you will have a great deal of leverage. And if you already have a stable job, you will have some negotiation room. If you don’t feel the new position offers enough, you can simply walk away.
Of course, it takes some time to prepare for a new job, especially if this means a career change. Now is a great time to begin learning new skills and growing professionally. One way of doing that is by getting a degree in a relevant field. Of course, a college degree can be expensive, so you might want to consider looking for scholarships and grants to help you out. You can use Going Merry college scholarships, that can help with personalized matching of available scholarships and grants.
Try Freelancing
Freelancing is a great way to build up a side hustle, especially if you have good time management skills and feel you can juggle what is essentially a part-time in addition to your full-time job. You can reach out to your network to see if there might be any opportunities that might fit with your skillset. There are also marketplaces specific to certain industries or types of work. Some platforms allow graphic designers to be contacted for projects. Just make sure you check the fees and competition of any freelance platform, as it can be hard to make a decent income on these sites.
Consider Blogging
Blogging is another side hustle that requires an investment of time before you will start to see returns. It takes some initial effort to build up an audience and start writing posts. Even once you start bringing in income through advertising and deals with advertisers, you will need to continue pushing out new posts and growing your audience. But if you do it right, you might even be able to become a career blogger at some point.
Consider Teaching
If you are good at what you do, you might be able to offer guidance to others in the same field. Create a website to advertise your coaching services and mention what services you offer. These could include meetings with clients, resume reviews, or even cover letter writing. You can offer webinars or eBooks on relevant topics, but make sure you add value to your services.
