The Little Things Add Up To A Lot

Mile StoneSince the economy took a downturn, it’s probably even more important to you to watch every penny. And if you’re finding your way out of debt, you have probably even taken cost-cutting measures and eliminated some of the frills from your budget. But before you cut any more major purchases, take a look at these helpful ways to save — and make — money to balance your budget.

Making money

While you’re working to save every penny that you can, you can also be tapping into your talents to increase your income. One of the easiest ways to add money to your budget is to turn a hobby into a part-time job. If you enjoy baking, for example, you can advertise your services on social media to get your family, friends, and co-workers to buy baked goods from you on a weekly basis. And if you’re a literature enthusiast, put your writing talents to work by offering yourself up as an editor or tutor.

But you’re not the only one that can be doing work in your free time. If you have unwanted items lying around the house, put them on the market to get snatched up by the highest bidder. Everything from free weights to old clothes can be sold on-line, some of it fetching a nice sum if you seek out speciality selling sites. You can sell DVDs for cash with musicMagpie without ever having to leave home, for example. This service sends pre-paid post so that you can mail the discs and simply wait for a check. For someone trying to get a handle on his budget, this is a major plus.

Saving money

One of the most effective ways to save money is to change your supermarket habits. If you’re accustomed to going into the store without a list, now is a good time to become conscious of how many unnecessary items you purchase when you go shopping for groceries. Strategise your time in the market by making a list beforehand and writing down an estimate of what each item should cost. Total these expenses, and make it your goal not to go over this number. Other grocery store tactics that help save money include buying items when they are on sale rather than waiting until you need them and never going shopping when you are hungry.

You can also be saving on other necessities, such as your electricity bill and phone bill. Do some shopping around, especially if you haven’t revisited the possibility of signing with a new company before. And when it comes to extras like cable, choose one of the packages with fewer channels and subscribe to a less expensive Internet service that allows you to stream movies and television programmes.

Whether it’s saving or making extra money, the Internet can be your greatest resource. You can sell items on sites like Gumtree and musicMagpie  as well as search for coupons on Couponwatch. Getting out of debt and finding a comfortable and happy medium is a process, so just remember that the little things can often turn into big pay-offs.


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