Ask Away...: Want To Get Out Of Debt? The Answer Is To Boost Your Income!

Friday, April 15, 2016

Want To Get Out Of Debt? The Answer Is To Boost Your Income!





‘Debt’ is like the nastiest swear word there is - it’s a word that no one wants to be linked to them. Sadly, over half of the population are in some form of debt, be it debt from credit cards or loans that need repaying, debt is incredibly common in the US.

If you’re in debt, the chances are that owing money to lenders is really starting to get your down. Perhaps you’re starting to stress about paying back your loans or are worrying about how you’ll manage? Try not to stress; I know debt can be scary but there are plenty of options for getting out of it.

One of which is increasing your income so that you can pay the debt off faster. If you like the idea of boosting your income so that you can clear your debt more quickly, you’ve come to the right place. Today, I’m talking about the best ways to supplement your income so that you can get your debts cleared and move on with your life. For everything that you need to know, keep reading.

Get a Saturday job

If you have the weekends off of work, why not consider taking on a Saturday job? You might have thought that your days spending Saturdays working in your local mall were over. But if you want to clear that debt it’s something that's worth considering. The great thing about taking on weekend work is that you’ll only be working for a few hours each weekend. Plus, the money that you earn can go straight towards your debts.

Work as a waitress in the evenings

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Don’t want to give up your weekends? How about working as a waitress or bartender in the evenings? You might not want to go straight from your day job to an evening one, but if it helps to get rid of your debt, it’s a sacrifice worth making. Just think, if you were to waitress three nights a week, you’ll be earning an extra few hundred a month. That money can go straight towards paying off your debts, helping to clear them more quickly. Want to know if you’ve got what it takes to be a waitress? Then check out STUCKSERVING.COM/ and have a browse.

Become a babysitter

How about becoming a babysitter? If you’re good with kids, then working as a babysitter could be the ideal way to increase your income. The great thing about child care is that you can do it around your family and other commitments. You even have the options of babysitting from the comfort of your own home - what job could be better than that?

Start a small business

If you want a way of earning extra money that’s more of a long-term option, your best bet is to start a small business. While this might sound like a scary prospect and one that would be expensive to start, it doesn’t have to be. All you need is a passion for something, such as fashion and beauty or social media, and you can launch an awesome small business.

If for example, you’re someone who loves fashion. You could opt to launch an online accessories store selling items from ELF925.COM/ and other stylish brands. You don’t necessarily have to sell products you’ve made yourself; you can opt to distribute items from other companies. If you want an income that’s sustainable, then a great option for clearing your debts is launching a small business.

Earn from freelancing

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Another great way to boost your income is by freelancing. If you’ve got a set of sought-after skills, such as being able to create professional content, you can earn money from freelancing. Lots of big companies outsource various tasks to save time and the cost of hiring more full-time staff.

Meaning that if you’re skilled at a certain thing, there are plenty of opportunities about. It’s just a case of taking the time to find and apply for them. A word to the wise, if you want to be a successful freelancer, it’s a good idea to prepare a portfolio of your work. Could you be a successful freelancer? To find out visit RICH20SOMETHING.COM/ and have a read.

Do surveys online

Last but not least, a simple way to boost your income is by doing surveys online. Okay, these may not pay much but they’re a great way to slowly increase your income. Plus, they’re super easy to do and can be done whenever you want, unlike working in retail or waitressing. It might not bring in as much but it’s an easy way to give your income a boost, and that’s what’s important.

Debt is never fun; it’s scary and stressful. The good news is that if you increase your income with one of the ideas above, you can pay off your debts much more quickly. Here’s to living a happy and debt free life.

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