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You are here: Home / Making Money / Five ways to boost your income this month

Five ways to boost your income this month

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Photo Credit: Flickr.com - DollarDrip
Photo Credit: Flickr.com – DollarDrip

Although many of us could do with a few extra pounds in our pockets, very few people are actually committed to doing anything about it. However, there are a huge amount of opportunities for boosting your income.

Give your clutter a new lease of life

As soon as an item becomes unwanted, it’s time to put it on the market for another person to enjoy. Not only will you be de-cluttering your home, but the money made from each sale can add up to a tidy sum by the end of the month.

The most popular outlet for online selling is eBay, whether it’s clothing that the children have outgrown, a used mobile phone or your old DVD box sets, there’s usually a buyer for everything and competition is fierce for certain items. Setting up an account is simple and there are plenty of helpful tools and guides to speed you through the process of advertising your goods. It’s almost impossible to predict what is likely to be most sought after, but eBay has a massive client base and all it takes is two determined bidders to send your takings sky-high.

Share your musical knowledge with the world

For music fans who enjoy telling others about their passion, Slice The Pie is an online money spinner. You will be rewarded each time you rate a song, but you won’t get any choice over the genre, so keep an open mind. Those who are more dedicated will soon build up a reputation and the site repays its regulars with extra work.

Switch to a more generous savings account

Neglecting to monitor the performance of your hard earned savings could be costing you hundreds of pounds each year. If you opened the account a few years ago, it’s possible that the attractive introductory rate has tailed off into a far less desirable figure. Spend just a few minutes online to establish which providers are offering the best deals and then switch as soon as possible. Make your cash work for you and get the best interest you can.

Become a secret shopper

Many secret shopper companies can be slow to offer projects and work can take a lengthy amount of time to filter down to new recruits. One online company that does away with all that is Field Agent, simply download the app and then check the available missions each morning. Tasks are local and can be as simple as photographing a supermarket display, then reporting your findings with the evidence as backup. Field Agent will credit you for each task through PayPal and there is no minimum withdrawal limit.

Make a profit from sharing your opinions

Survey sites and task sites, like Swagbucks and IPSOS are perfect for earning quick money. At first the schemes can appear complicated, because they reward with points that are then transferred into vouchers.

Although it is rare that cash will ever be paid directly into your account, don’t be put off. You can choose big name vouchers like Amazon or Tesco to match your spending habits, but there’s usually an option for a PayPal transfer too.

To build up your points you don’t need any expertise, surveys are often conducted to gauge the general public’s reaction to new advertising campaigns or products, so you simply need to give honest and consistent answers.

How to get help with financial worries

Generating bonus income is very rewarding and can be a good excuse to buy those treats you’d otherwise feel guilty about. However, if debt is becoming a more serious issue in your life, help is available. Forensic accountants at Forths do not only work for large companies, they can also help individual clients negotiate with their debtors and fight for a repayment schedule that is satisfactory for both parties.

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Julie Cheung / Finance Girl

Manchester blogger with an interest in personal finance, investing and mental health.




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