The holidays can be a very expensive time of year. Whether you need money for gifts for family and friends, or to cover the expenses related to holiday travel, trying to find ways to come up with the extra money you need can be really frustrating. But don’t worry, we’ve got you covered!
Here are 5 ways to make a little extra money during the holidays.
1. Sell Some Rarely-Used Belongings
Most of us have tons of junk cluttering up our closets and shelves. If there is something you don’t use anymore, list it on eBay or Craigslist. You’d be surprised at what people will pay for something you consider worthless, and it never hurts to try. Look up your items online before listing them to determine a good listing price, and hope for the best. Even if you have to reduce the price, some money is better than none, especially if it’s for an item just collecting dust in your closet.
2. Put In More Hours At Work
If it’s an option, work more hours at your current employer, especially if you receive a higher hourly wage for overtime hours or hours worked on the weekend. Getting more hours at work is the easiest way to bring home some extra cash when you need it most. Cover a shift for a friend, or take on some extra duties. Additional hours can add up quickly to get you the funds you need.
3. Get A Temporary Position
The holidays are a busy time of year, especially for some key companies that shoulder most of the holiday workload. Companies like UPS, FedEx, Honeybaked Ham, and virtually any retail store are in desperate need of temporary holiday help. Consider working one extra day a week doing temporary work, or working a few extra hours in the evenings. Most stores are open late during the holidays so the odds are in your favor that you’ll be able to find something to fit into your schedule.
4. Cut Expenses
Earning more money is not the only way to get extra income during the holidays. You can also achieve this by reducing your monthly expenses. Consider getting rid of some monthly subscription services you can do without, such as Netflix or Sling. Make the most of your grocery bill by going to different stores to take advantage of sales. Consider reducing the amount you spend on entertainment, such as trips to the movie theater or eating out. Lowering your expenses will free up some extra cash that could be put to better use during the holidays.
5. Freelance Work
Many online companies offer freelance work for virtually any skill, from writing to data entry to accounting work. Check with freelance websites to see if you have any skills that could be in demand for work on a freelance basis. Be cautious though – you should never have to pay money to find a job, so don’t pay for any services that require a fee.
If finding the money for gifts this holiday season has you feeling overwhelmed and discouraged, follow these 5 tips to afford gifts for the ones you love as well as put some extra money in your bank account.