Why Looking After the Pennies Pays in the End

2 May

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In these difficult economic times, it is more important than ever to look after the pennies.  But before you start living off economy pasta, there are a number of ways you can earn a little extra and save the money you already have…

Stay connected to bag a freebie

Brands are increasingly engaging with their customers via social media, where you can find a whole host of discount codes, offers, competitions and even freebies. And all you have to do is like or follow your favourite brands then keep your eyes peeled.  Not bad when all it takes is the click of a button.

Give your opinion and get money

There are numerous market research websites that’ll pay you to take surveys in points or actual money that you can cash in once you’ve reached a certain amount.  It isn’t an income, but every penny counts.  A similar earner is secret shopping, where you go undercover as a customer in a shop, cafe or similar, and rate the service you receive.  Whether you’re paid money or get to keep whatever you are sent in to buy, you will be compensated for your time.

Get cash for your old phone

If you’ve had more new phones than hot dinners, chances are you’ll have a good few lying around your house that could make you some cash.  There are a number ofwebsites that will allow you to recycle iPhone handsets or similar for cash, which is far better than letting them lie unused in a drawer.

Be a fiend for competitions

You might look at competitions and ask yourself “what the point is in entering?” After all, the odds of you winning are small, right?  But think about it this way – you have more chance of winning something if you enter than if you don’t, so if you aren’t spending a fortune on premium rate phone calls and text messages in order to enter, you’ve got nothing to lose.  Scour supermarket products for competitions on packets, search online for competition sites, and check out your favourite TV shows for the chance to win large cash prizes.  You never know…

Sell your wares

It sounds obvious, but many of us are sitting on piles upon piles of unwanted items that could be turned into cash.  Perhaps you are tired of your clothes and want a new look, or wish to free up some space in your spare (read “junk”) room.  Selling online is a good bet as you can reach more potential buyers, but failing that, why not try a local boot fair?  Or hold your own garage sale.  It’s worth a try.

Turn your love of animals into a job

Are you a dog person?  Do you love cats?  There is always a pet owner in need of someone that loves animals as much as they do to look after their pets whilst they are away, or take their dog out on walks whilst they are at work.  What could be better than getting money for spending time with cute animals?  Type out a flyer and pop it through doors in your local community, or check online for pet-sitting agencies taking on new recruits.  Just ensure you declare any cash-in-hand earnings to the tax man!

4 Responses to “Why Looking After the Pennies Pays in the End”

  1. Daniel July 17, 2013 at 2:57 pm #

    I plan on getting into a college that’s I really can’t afford. I don’t know much about how people pay for college besides that they have to fill out a FASFA to help them and that they have to get scholarships to help them. I also understand that after they get help from things such as FASFA that they end up in dept. How does a person qualify for a program that pays for their college that they later have to pay back? Also is this money paid by small or large payments after college? I plan on going to a college that’s $15,000-$26000 and my parents barely $30,000 a year together for our family of 5.
    I apologize, I was typing too fast. I understand how that may make me seem uneducated.

  2. Georgette July 17, 2013 at 3:11 pm #

    I’m looking for a great personal finance site to help me figure out where my little amount of cash is disappearing to.

  3. Sandy July 25, 2013 at 3:57 pm #

    What are some writing competitions in the states or world wide that are suitable for high school students?

  4. Taneka August 19, 2013 at 11:32 am #

    What is the main quality do you expect from your hairstylist?

    How do you choose your hairstylist?

    Does the way he/she looks help determine if you use them?

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