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By Nigel Hilton

When you happen to find yourself low on money, or you’re struggling to make your salary stretch, you may feel as if you have to suffer from the situation you’re in. But that’s not always the case. You don’t even have to pin all of your hopes on getting a raise from your job either. Although that’s definitely an avenue that you could consider, it’s not the only answer that can allow you to get more cash. If you want to generate some extra money, you should think about starting some new income streams. This way, not only will you be able to top up your finance funds, but you’ll also be covered should one of your streams dry up.

Sell Your Stuff

The first thing you can do is have a huge clear out, and then sell the stuff you no longer need. Whether you have rails and rails of unworn clothes, an attic full of antiques that you no longer want, or even a garage stacked with old toys, you can turn your stuff into cash quite easily. It can be a little laborious to go through everything and dig out what you no longer need, but when you find a load of stuff that you can sell and make money from, it’s always going to be worth it.

Start A Side Business

But you could also consider starting yourself a business on the side too. You may work 9-5, but you should find that you’re able to pull something worth some value in your spare time. Whether it’s selling something that you make yourself, or selling a skill that you have as a service, doing something on the side is often a strong way to make some extra money – and maybe even turn it into your full-time job in the future.

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Turn To The Internet

If you don’t have much time to commit to a new project right now, you could consider trying your luck with some online money making ideas. There are lots of ways that you can get some quick cash injections online. From guaranteed betting solutions to filling in surveys and even earning cashback as you shop, every little bit should help.

Get What’s Owed To You

Next, you should think about chasing the cash streams that could technically be owed to you. For this, you may need to speak to either a personal injury lawyer or financial compensation professional. Whether you’ve been mis sold a product in the past, or been hurt, you should definitely think about pursuing each avenue to get what’s due.

Get A Second Job

And finally, you could always think about getting a second job alongside your 9-5. If you find yourself twiddling your thumbs in the evening, or you’re always free at the weekend, why not spend that time making money instead? Getting a second job, part-time, is a great way to top up your income and fill your time with something productive too.

 

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