According to Dave Ramsey, an American financial advice enthusiast, “A budget is telling your money where to go instead of wondering where it went’’. In order to achieve financial freedom, successful planning, budgeting and spend tracking is required. Without implementing an appropriate budgeting and saving strategy, your risk of financial failure increases.
22 August 2014
We have come across some interesting ways to fatten your wallet – ways in which you can earn extra cash without taking-up too much of your time. Some of these ideas even have the potential to develop into a lucrative full-time business – Read more to find out how.
1. Start a travel business
FlightSiteAgent (FSA) is a registered online travel provider, which launched in March 2013. It gives independent agents access to competitive fares to sell to customers under their own brand.
If you are a stay-at-home mom or a pensioner with spare time on your hands this is something you could easily manage. It also has potential to develop into a full-time business for those looking for something more permanent.
It makes use of an online platform, reducing initial start-up costs significantly. FSA provides training and support. There are some bare essentials you will need. These include:
- A suitable space to work from
- An active bank account
- Access to the internet
- Access to a landline
- An active email address
2. Turn hobbies into money
With the advancement of technology, taking a great photograph has become a lot easier. But what do you do with it once you have realised it has the quality of a professional photograph and the potential to be sold – upload it.
There are a number of online platforms offering to sell your photograph for you. Photo Frog gives you various options including uploading event photography such as a sporting event and letting them handle the admin side of things, giving you more time to take photographs.
3. House Sitting
Having someone you trust to keep an eye on your house allows for piece-of-mind in knowing that if anything unforeseen happens, such as a break-in, someone can deal with it until you return.
Trustworthy house sitters are very sought after, and if you do the job properly you could earn a living from it. Most pet owners I know would rather have a house sitter feeding their pets and giving them individual attention than sending them to a kennel.
Word of mouth is imperative when trying to earn extra cash by house sitting. Start by house-sitting a friend or family member’s home who trusts you. You can then use them as a reference.
Spin off roles from professional house sitting jobs could include babysitting and dog walking, which again could help to boost your income. When it comes to babysitting and dog handling you may want to do some courses to ensure you have the right skills to handle any emergency.
4. Offer Extra Lessons
The pressure on learners at school to excel is immense. Often parents are employed full time and are unable to provide the extra attention demanded by their children.
Parents are very protective over their children and won’t allow just anyone to tutor them. You need to be screened first.
Hire Education offers screening as well as training and tutor management. Before you market yourself as a tutor, make sure you have the necessary training and recognised support by those qualified to do so.
5. Sell an ebook
Your story might not be as popular as Harry Potter or Lord of the Rings, but you can still earn some cash off of it.
There are numerous online eBook publishers but you have to do your research in order to ensure you are getting the best deal possible with the most exposure from whomever you decide to use.
Feiyr.com is just one of the many online publishers. Advice and tips on how to create your eBook is available on their site. They take 20% commission and market your eBook with reputable online eBook portals such as iTunes and Amazon Kindle.
6. Get paid for completing online surveys
People are willing to pay a lot of money for information.
Answered is an online platform offering R20 for every survey completed. You earn 10 points for every survey and once you have 50 points you can redeem your money.
You don’t have to have the money paid out to you. You can donate it to a charity of your choice or even cash in your points for vouchers or various pamper products.
7. Become a writer for Bubblews
Most people post statements and copy on various social networks as part of their daily routine. Bubblews is a social network where you will be paid for what you post.
The social platform allows you to post news, opinions, thoughts and experiences you believe to be of interest. There are strict policies you need to adhere to such as posting content only you have created and no obscene or defamatory copy is allowed.
You are paid according to the amount of likes, comments and views. Bubblews uses payment engine Paypal to pay and once you have $50 (R535) in your account you can redeem your earnings. The downside to this is you could wait up to 30 days before receiving your money.
8. Debt Counselling – Puts more money in your pocket
Struggling to manage your debt and need a way to bust your debt and NOT your budget? Debt counselling puts more money in your pocket at the end of the month. DebtBusters financial consultants will assess your financial situation, draw up a monthly budget and reduce your interest rates from an average of 23% to 3%. Extended repayment terms and reduced interest rates will put you on the path to a brighter financial future!
For more information contact DebtBusters on 086 999 0606 Today!
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