Many of us tend to pinpoint resolutions at this time of year and rarely ever stick to them. A few years back I was stuck in this New Year’s Resolution jig because I had recently lost my job.
I had a persistent thought going through my head…
Can I earn more money?
I was worried…I was very worried.
Bills don’t pay themselves and the older your kids get the more you end up paying out – it’s a vicious circle that doesn’t want to quit!
So if you’re struggling to make ends meet and the thought of 2015 is getting you down read on. This article is aimed at putting a little more money in your pocket over the next twelve months…
#1 Learn to Automate Your Finances
I thought I’d cover this option first as a majority of people seem to leave it until last for some unknown reason!
All this involves is simply setting up your paycheck so that a portion of it is payed directly into your savings or retirement fund.
I always find that the more I automate my finances the less likely I am to overspend on something stupid. Whenever I notice a little wad of cash in my bank I instantly think about spending it…
If I can’t think of anything I want – I’ll FIND something to spend it on!
This means that without automation I am never likely to have enough left in my account to build on my savings – period!
#2 Get Tight – Cut Back
This is something we are all a little guilty of doing but choose to ignore it anyway. Check through your monthly expenditure and pinpoint the things you really don’t need in your life.
Got a gym membership? How often do you use it?
Subscribing to a weekly magazine? How often do you read it?
We all have little expenditures that we can’t be bothered to highlight. Locate them and eradicate them!
#3 I Wanna be Rewarded!
But my partner has managed to change my opinion on this over the last twelve months or so and slowly I am coming around to the idea.
Find a credit card with a decent rewards program and use it to purchase the groceries you normally would week in and week out.
Over the course of the year, you could potentially pocket a tidy sum just by using a card with a good rewards program instead of your ordinary debit card.
#4 Climb That Ladder
If you are lucky enough to enjoy what you do for a living you really shouldn’t be standing still – you should think about bringing home more bacon on a monthly basis.
Make it a New Year’s Resolution to negotiate a raise this year.
I’m a big fan of the ‘What’s the worst they can say’ train of thought – you never know until you ask!
#5 Earn a Little on The Side
This should be easy enough as we supply numerous legitimate options to work online on this site. Get yourself a little side-gig and create a second income!
Take advantage of your skills, or turn a hobby into profit!
If you are interested in internet marketing as a part time job you can find free training HERE
If you are interested in completing mini-jobs or tasks online check out the services HERE
If you are interested in completing marketing surveys for money we suggest signing up for free HERE
#6 Track Yourself
If you don’t know where your money is going every month then it is near enough impossible to save anything. You need to keep tabs on your net worth otherwise things will slowly but surely start to slide.
A mate of mine recently started using an app named Mint and he didn’t shut up about it. After a while I took his bait and checked the function out for myself…it’s pretty awesome!
The App allows you to:
- Create budgets that make sense and stick to them
- Receive alerts for unusual account charges, and get custom tips for reducing fees and saving money
- Get your free credit score and learn how you can improve it now to get the things you want later
What’s more you can sign up for FREE!