How to Find Your Side Hustle And Pad Your Bank Account

Quickly Improve Household Income and Cash Flow

The first few months of the year mark the time to repay last year’s debts. We want to pay off our bills, and we want to do it quickly. Furthermore, we desire to have a little extra money left over. In this post, we discuss how to side hustle and create more cash flow. Find out all the ways to loosen your budget by reading more below.

Understanding your household income

Before we begin with ways to earn extra money, we want you to think about your budget. In order to improve household income, one must first come up with a plan.

Gather all of your monthly bills and add them together. Next, weigh that amount against your income. How much is left over?

If you desire to have more free-flowing cash, your goal will be to have greater income via a side hustle and have fewer expenses.

Now, we’ll discuss how to do both.

Tips for earning extra money

There are several ways to earn extra money. Whether it’s side hustles or selling goods, there are a lot of opportunities to cash in.

Drive for Uber or Lyft – Uber drivers typically collect $24.77 per hour in passenger fares. After paying chauffeur and maintenance fees, most drivers earn enough to make the service beneficial.

Sell your unwanted clothing – Many places such as ThredUp or Poshmark take online clothing consignment to the next level. Gather up your unwanted clothing and sell it easily using these services.

Become a freelancer – Do you have a knack for design or writing? Why not do some freelancing work on the side? Many writers contract hourly for companies and it’s a great way to improve household income.

How to cut expenses

Cutting expenses are just as important as earning extra money. Here are a few ways to free up more cash at the end of the month.

Disconnect the cable – Online streaming services are the trend these days. It no longer makes sense to pay hundreds of dollars each month for television. Consider Netflix, Hulu, or other streaming sites to get your binge-watching fix.

Find a better rate – Using a credit card with a lower rate will save you a ton of cash. Right now, for example, the Achieva Cash Rewards Mastercard allows you to transfer your credit card balance and get 2.2% APR* until January 2020. There’s also no balance transfer fee. If you’re paying off a credit card with higher interest, this is definitely something to consider.

Turn off the lights – When you leave your house, make sure to turn off your lights. It may seem like a no brainer but this task is often overlooked.

Consider store brand products – To cut your expenses on grocery shopping, be sure to try store brands. In regards to quality and taste, many are comparable or even better than named brands.

Improve household income quickly and easily

Small changes allow you to improve household income without sacrificing your way of living. Take a few moments to consider all that we discussed above and then create your plan of action.




*APR= Annual Percentage Rate. The promotional balance transfer APR of 2.2% will be applied to balance transfers which post to your account through your January 2020 billing cycle. Following the January 2020 billing cycle, your standard APR of 9.90% to 17.90% for balance transfers, purchases and cash advances will apply based on your creditworthiness. For College Life Mastercard products, the standard APR for balance transfers, purchases and cash advances is 13.90%. Offer open to existing and new cardholders subject to credit approval. Additional limitations, terms and conditions may apply.

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