If your credit card bills keep rising and you’re spending more money than you’ve had in a long time, you’re in good company. Inflation makes everything from gasoline to groceries cost much more, and straining a lot of people’s budgets.
Meanwhile, you could be spending more money this summer in general. The weather is hot, the pandemic situation doesn’t seem so dire, and maybe you are ready to socialize after spending the past 16 months locked up at home. Or, you may be traveling for the first time since the start of the pandemic.
Either way, the last thing you want to do this summer is end it with a bunch of debt in your name. If your expenses keep climbing, here are some steps you can take to earn extra cash.
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1. Get a secondary job
No one wants to spend all summer working, and if you are already working full time, a sideline can seem difficult. But remember, any second job you get can be as flexible as you need it to be.
Don’t want to commit to a predefined evening schedule? You do not have to. You can sign up to drive for a ridesharing company and transport passengers around town at your convenience. Likewise, you can find other gigs that can be done remotely and at your own pace, like content writing, website design, or even data entry. It’s worth exploring your options, as earning a little more money on the side could make it easier for you to enjoy the summer rather than stressing out.
2. Sell things you don’t need
We all have things that take up space in our closets. Rather than letting these things continue to accumulate dust, try unloading them to the highest bidder.
Host a garage sale with friends where you sell your unwanted goods or list more expensive items, like electronics, online to reach more buyers. You can use sites like eBay for this, but with eBay you will pay a fee if your items sell. So you might be better off advertising the products you have for sale on social media, where you won’t be charged.
3. Use the right credit cards
The great thing about credit cards is that they reward you for the purchases you already make. If you upgrade your favorite credit card to a new one that offers more generous cash back on things like gas, groceries, restaurants, and travel, you may be able to withdraw enough money to cover your growing costs.
Some people are spending more money this summer because they go out more. For others, their bills are going up not because they changed their ways, but because the essentials of everyday life have simply started to cost more. Whichever camp you end up in, do your best to earn some extra cash to avoid going into debt. So you can end summer 2021 on a high note.