Home > Ideas > 5 Things You Can Do in 2016 To Make More Money

5 Things You Can Do in 2016 To Make More Money

make more money in 2016

Not happy with the amount of money you made this year? Wishing there was just a little bit more breathing room in your budget for 2016? If so, then you are in luck. Below are some of the best ways that you can make more money this upcoming year.

Find A Part Time Job

For those of you with a little bit of extra time on your hands, consider finding some part time work. Getting a part time job will supply you with a steady income, increasing the amount you are already bringing in. For many people getting a part time job means doing something like working at a fast food restaurant, getting a temp job, or working at another local store for a few hours a week, but these are not your only options.

If you want to work more, but don’t want to leave your home, there are plenty of work from home opportunities. Companies are always looking to hire people to write for them, do data entry, be a virtual assistant, and much more. If you have a skill set that lends itself to working from home, see if you can put it to use a few nights a week and earn yourself some extra money.

Ask For A Raise

If you are already working enough as it is, perhaps you can simply be paid more for the work you are already doing. Asking for a raise can be tricky, but if you get it, then you are already making more money than you did the previous year. Make sure you have been at the company long enough to warrant a raise, and that your work there is excellent. For more tips on asking for a raise, you can visit this link.

Make Investments

When you have a little bit of money saved away, one smart thing to do with it is invest it someplace. By investing your money, you can let it grow over time, and eventually reap the benefits of this growth. While you may not see big returns in 2016, you can at least plant the seeds this year, and be more secure later on down the line.

To get started with investing, I suggest learning as much as you can. There are online resources that you can use, books that you can read, and courses that you can take. Because there are so many different ways to invest your money, you want to be sure you know as much as you can before you begin.

If you are a social media user, you can also use those sites to connect with investment brands and learn more about the industry. For example, Alvexo has a Twitter account that routinely puts out information regarding the Forex market that is useful to their followers.

Cut Expenses

When you’re looking at your budget, cutting back on expenses has the same effect as making more money. At the end of the day, the goal of making more money is so that you can do the things that you’d like to do, and cutting expenses can help you do that. Take a hard look at what you spend money on, and see if there are ways you can scale back. Here are some ways that you can cut back on expenses if you need some tips.

Have A Garage Sale

Lastly, you probably have some junk lying around your home that you no longer need. If so, consider selling it by having a garage sale. Garage sales are great because they can de-clutter your home, while also giving you some extra cash. While not a long term solution, a garage sale can be great in a pinch if you just want to earn some extra cash quickly.

Make 2016 More Lucrative For You

Hopefully the ideas above will get you started towards a better 2016, financially speaking. There are many ways that you can go about earning more money, and if you can try out a few of the ideas above, you should find that your wallet is a little thicker in no time at all. Good luck!

About Kim Parr

Kim Parr is a private practice optometrist, freelance writer, and personal financial blogger. You can follow her journey to 20/20 financial vision at Eyes on the Dollar.

Leave a Reply

Your email address will not be published. Required fields are marked *

*