If you’ve recently found yourself in a less-than-ideal financial situation, you may be looking for a way out. Or, worse – you’re so worried about that the situation that you’re in, you don’t do anything at all. But blocking out these issues will only ever make them worse. If you want to be able to find a way out, you have to actively search for one. While you may not be able to magic yourself a pay rise instantly, that can be one longer-term aim that you have to ensure this doesn’t happen again. But for now, you may find that you just need to be able to generate some money quick. So maybe it’s time to chase that compensation claim you’ve been meaning to or generate an extra income? Let’s look at five options that you could cash in on right now.
1. Your Spare Room
First of all, if you have a spare room in your house (or you could make one), then rent it out! Whether you do an Airbnb and do a holiday style let, or you take in a full-time lodger, you can actually make some money back on a space that’s just collecting dust. It’s the same for your garage, if you have one. If you don’t really use it, or you could free it up, then go ahead. Renting this out to people that want somewhere safe to store their cars could be a great next move for you.
2. Old Stuff
Next, you’re going to want to think about any old stuff that you have. Maybe you’ve got clothes stacking up in that spare room (two bird – one stone?), or you have an old car that you never get enough use out of? Either way, but working out what to sell and then listing it online, you could make yourself some instant cash.
3. An Injury
Or maybe you were injured recently and you were too worried to do something about it at the time? Well now that you’re looking to top up your cash flow, calling that injury lawyer and finally seeing if you can get something back might be a good idea. You’ll never know how much you may be entitled to unless you ask that question.
4. That Second Job
If you’ve been thinking about taking on a second job, then now’s the time to do it. Whether you’re desperate to get out of debt, want to be able to earn some extra money to add to your savings account, or you just need the money, there are so many second job ideas to consider, that one will definitely work for you.
5. Your Hustle
Finally, you’re going to want to think about cashing in on your hustle. If you’ve always wanted to do your own thing, then do it. There are plenty of side hustles that you can start today, so why not give one a go? If it gets you the top-up you need, it will be worth the time and effort.
