A Blog of a Work from Home Breadwinner. Blogging anything under the sun since college days.

Income Sources And Budget Boosters You Should Be Exploring

We could all do with some money in our lives. After all, money doesn’t make you happy, but it can certainly make life easier and provide you with opportunities. There is no denying that. But yet so many of us are just stuck in the rut of working the one job, earning the one wage that remains the same month in month out, and never see any opportunity to make the change necessary to boost your income and have more money. 

But there are opportunities all around us that can become income sources and chances of boosting your disposable income and they should be explored. After all, whether they seem big or small, they all add up and can definitely improve your financial circumstances in some way. So I thought I would share with you some of the incomes sources and budget boosters you could be exploring right now. 


Small online ventures 

There are plenty of things that you could be doing in your spare time that help add to your current income. Often these are the sort of things that you could be doing in the evening, outside of working hours or even during the weekend. Here are two of the most popular ways you can do it and often the smaller amounts that you begin with build up to be a regular and resourceful income stream. 

Online surveys and mystery shopping 

There are companies, universities, and individuals who are always looking for participants to take part in online surveys about an array of subjects. You get paid for your time and what can be just ten minutes of your time regularly can build up to increase your income. Mystery shopping is another way you can add to your income. By shopping or eating in a restaurant you can have your time reimbursed as well as your receipt, giving you a double saving and income opportunity. Mystery shopping can vary and be more available in city centers, but it is definitely worth exploring online. 

Decluttering your home and selling online

Do you have a lot of items in your attic, loft or basement that you no longer need? Why are you keeping them? If you can’t answer that question with a sensible answer, then put all of that unwanted stuff to good use and sell it online. Websites like eBay are a great way to rid your home of clutter and enable you to earn some money in the process. People continually do this and put the money towards other things like holidays. 


Big investments 

If you have the means to invest bigger, then there are options to consider including property and stocks. Both of which can offer you big results, but often need you to invest your savings or invest big in the first place. But you either go big or go home, right? 

Investing in property abroad 

There are many ways you can invest in property, but one great way to consider getting more value for your money is to invest abroad. You might find that some countries offer huge investments for less than what you would pay in your home town. A quick search online at websites like http://rumahdijual.com/jakarta-timur/rumah-murah can highlight exactly how much your money would stretch in a different country. Use it as a holiday or vacation spot or rent out to other holidaymakers to give you a residual income. 

Investing in property to renovate or rent locally 

Property can also be lucrative much closer to home. By buying a property that is in need of renovation you can massively increase your profits and make you a big return over a shorter period of time. If you're unsure a quick watch of a YouTube video like https://www.youtube.com/watch?v=8Mic2mdTjro could be the answer. Or you could choose to buy in a sought-after area for students or families and rent out the property. Giving you a return in the future on your initial investment as well as a monthly income. 

Putting savings to good use with stocks and shares 

You could also consider investing in stocks and shares. Many bank accounts have an easy to use an account that enables you to buy easily. But this can be a risky investment so tread carefully at first and do plenty of research. 


Starting up a sideline business or income stream 

Ever dreamed of being your own boss? Then now is the time to start. Many business owners become fully-fledged in their business and in most cases it started in their spare time or during the weekends. 

Selling something you make online 

Many people are crafty and creative and make some amazing masterpieces that they use for things like presents for the family. But I’m sure if you find yourself in this position that many people ask you to do it for them. So why not make a business out of it? You could consider using platforms like Etsy to get you started. Or creating your own website or social media following. It is much easier than you think to get started and could be your ticket to earning a fortune in the future. 

Starting a blog 

Many people start a blog as a hobby, but many of those people turn them into a business. With opportunities to advertise and be part of big brand campaigns, there is more scope than ever for this online business. A quick look online will help your realise it is easier than you think to start your own blog on whatever subject you like. 


Looking closer to home at your current financial circumstances 

Finally, you may even be able to boost your income as close to home as your own personal finances. A quick look at your bank statement may highlight exactly where you might be going wrong. Perhaps paying too much for utilities like energy or insurance policies. Or even paying out for something you thought had cancelled. It can easily be done. Give your finances a good clear out, and you may find some extra savings you never thought you had. 

I hope this inspires you to increase your income and explore some of the options available to you.
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