As we move closer to the festive period, you may have noticed that your bank balance is becoming a little stretched, whether you’re starting to save for those extra nights out or already buying gifts.
Budgeting is essential and can help give you an insight into your financial situation, but if you’re looking to increase your cash flow quickly and easily in time for the festive period, we’ve got some simple things you can do.
Become a digital freelancer
If you have a talent for creating digital content, why not set yourself up as a freelancer? This could be anything from writing online content, managing a business’s social media platform, designing websites or carrying out SEO research.
There are plenty of free website services for you to showcase your skills and you can then approach companies or search for freelance work online.
Sell unloved household items
A recent study found that UK households could make hundreds of pounds by selling items hidden away and gathering dust.
In fact, if you’re a child of the nineties you might be in luck. Mint-condition Pokémon card collections sell for an average of £69.33. As for Harry Potter books, check those front covers to see if you have a first edition. A first edition Harry Potter book can sell online for as much as £6,800.
So, what are you waiting for? With dark, cold evenings on the horizon, now is the perfect time to see how much cash you have in your attic!
Get qualified in beauty therapy
We’ve all realised the value of self-care, and this has had a massive impact on the beauty industry. The hair and beauty industry generated over £8 billion in turnover for the UK economy in 2018. With the lockdown restrictions that hamstrung the sector having been lifted, it could be a good time to get involved.
If you have a passion for beauty treatments, why not become qualified and set yourself up a little side business? Whether you choose to offer massages, manicures and pedicures, facials, or eyebrow shaping, there’s a market for it. You never know, it could become your full-time gig.
Sign up for affiliate marketing
Affiliate marketing is fast becoming one of the most popular ways to make money online and as more businesses realise its potential, there’s no shortage of options out there.
Affiliate marketing works by allowing affiliates (like you!) to make a commission by promoting brands. While the commission can be small at the start, if you’re savvy and you build a brand, the big names will start to pay you more too.
Start a YouTube channel
Have a penchant for upcycling? Amazing at make-up? Or are you a wiz in the kitchen? Why not start a YouTube channel showcasing your skills? Some of the biggest YouTube stars started in their bedrooms with just their mobile phone and a basic editing app.
And if your channel makes it, you could be earning mega money like Ryan Kaji, the nine-year-old whose earnings are estimated to be around $29.5 million (£21.4 million).
Start a blog
Vlogging might be popular, but there’s no reason why you couldn’t start a blog. Pick a topic or niche that you’re interested in and start creating content that you would like to read. Link your blog to your Pinterest or Instagram page for extra exposure.
Adding affiliate links in your posts is an easy way to make money and the more traffic you have to your site the greater the income tends to be.
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