No, money doesn’t grow on trees as your parents undoubtedly pointed out to you at a pretty young age, but that doesn’t mean that it’s not possible to make a little more cash with very little effort.
In fact, has probably never been more ways that you can make money with minimal effort. Don’t believe me? Check out these very simple bank balance boosters:
Earn More Doing What You Do Now
If you have a job, ask for a raise, or if you’re self-employed, put up your rates, that way you’ll be making more money for doing the same amount of work you do right now and all it takes is to ask. You might be pleasantly surprised by the results if you do!
Go After Money You’re Owed
Whether it’s applying for a certain benefit, chasing down the funds in a dormant bank account or hiring personal injury attorney to get you the compensation you deserve, going after any money you’re owed is a very easy way to boost your bank balance with pretty minimal effort. Of course, it won’t apply to you all, but if you think it does, it’s worth investigating your situation further.
Create Passive Income
Okay, so this one is cheating a little, because you will have to work very hard at first to set up various streams of passive income, such as a blog, e-books and online courses that you can make money from. However, it’s worth mentioning it here because once you have created several sources of passive income, you can literally make money while you sleep – that’s the dream, right?
Use a Cashback credit card to pay as many of your regular expenses as you can and go through cashback websites when you’re buying online, to ensure that you pay less for everything If you do this, you will, in effect, be making money because it’s stuff you would have purchased anyway. Just remember to clear your credit card balance at the end of the month.
If you have even a few pound spare each week, invest them in stocks, shares or anything that is likely to rise in value, and you will boost your bank balance with very little effort. Property is particularly good for making big gains with little effort, but like everything else, it has its risks too, so do your homework first.
Get Paid for Your Commute
If you have a regular commute, or even if you plan to take a trip to the supermarket or something similar, you could actually get paid for making those trips by signing up as a courier at Nimber. You’ll be paid to deliver packages to places that were on your route anyway. What could be better than that?
Rent Your Stuff
From your spare room to your driveway and even your electrical goods, there are few things that you can’t rent out to people in need for a profit. So make those essentials you already own pay for themselves and give your bank balance a bit of a boost.
Do you know of any other ways to make money with minimal effort?