Have you been wondering how you can take your finances to the next level? Right now I am sure you all have, as have our family. There are a number of ways that this can be done, and some of them might be better suited to you than others, or you can even just do all of them. In this blog post, I’m going to be taking a look at a few ways to make more money, so keep reading down below if you would like to find out more.
Consider Investing
First, I want to mention investing to you. Investing is a fantastic way to get yourself some more money. However, you do need to know that it comes with a risk as does everything like this. Investing your money requires risk because nobody can ever know for sure how the market is going to move. Of course, sometimes this risk is well worth it because it pays off, giving you more money.
Never, and I mean never, invest money that already has another purpose though. Investing money that you cannot afford to lose is a big no, so you should never rely on investing to provide for you. However, that doesn’t mean that it can’t, you just shouldn’t pin all your hopes on it. I am keen to do this myself, but will always get professional advice – on to point 2.
Talk To A Professional
Speak to a professional about your finances and see if they have any advice about the other things that you can do to take your finances to the next level. I have a financial advisor that has been super useful to us as a couple as well as myself. If you don’t know how to find the best financial adviser around, then you can look on financialadvisers.co.uk where you will find a whole load of them listed by location, and much more. Speaking to a professional might just be the thing that you need to kick your brain into gear, and start to help yourself. They can make suggestions and offer you advice, but you are the one who actually has to enact these ideas, so you have got to be dedicated to sticking to this.
Get Selling
Look around your home and consider having a declutter. I sell things all the time; from the kid’s clothes that no longer fit to items I don’t love anymore. I use a mixture of Facebook Marketplace, eBay and Vinted to sell my things but you can also consider selling at a local car boot sale. Remember for eBay to factor in fees that have to be paid on every sale.
Consider Your Skills
I am sure you have a skill that can be outsourced even when it feels like you don’t. Maybe you could offer gardening or babysitting services locally. Or see about supporting a local business with their admin. We pay for all types of skills including cleaning, mending clothes, and even washing cars! Of course, if you are earning money in this way remember that it needs to be declared for tax purposes.
There are also things you can do that are unskilled such as taking part in surveys, being a mystery shopper or even entering competitions (then selling any prizes won).
Save Where You Can
The final thing that I would like to mention is that you should be saving where you can. I know that a lot of the time this is easier said than done, especially for those people who are on a lower income, but it can be really helpful down the line. It’s always nice to have a little bit of spare cash around in case something goes wrong, or in case you have any unexpected bills. Even if it’s just a little bit every week or month, it’s better than nothing. You can even start a penny jar because it all adds up in the end.
You can find out more about saving on a site like https://www.moneyhelper.org.uk/ if you are interested in learning!
This is a collaborative post
