Want extra money to save? Increase your means!
When everyone thinks about how to save additional dollars, everyone is so quick to look towards being frugal. Though this is very valid and will result in additional funds for investing, we forget that this isn’t the only way! What about increasing your means rather than limiting yourself?
Some sample ways to increase your means are:
Start a Business - We are in a great time right now where it is easier than ever to start a business. The internet allows for some wonderful things. One of them is very low startup capital (if any!) is needed for some businesses and the internet allows for the small fries to compete with the major companies. The internet often lets the cream rise to the top organically thanks to services like search engines and social networking.
Start a Blog - It is easier than ever to get one going. Jump over to wordpress and download their software or get one hosted for you. You can make blogs on anything that interests you and if you develop a readership, there are many services available to monetize your traffic.
Free Sign Up Bonuses - You see these all over the place for signing up for various savings accounts nad credit cards. This is a smaller perk and doesn’t recur but every little bit helps.
Get Cash Back - You can get cash back for your online purchases through services like eBates or Fat Wallet. Want more cash back? Buy those purchases with a credit card that offers you cash back.
Take a Little Overtime At Work - Bank/Invest/Pay Debt with all the extra funds.
Ask For That Raise - You deserve it. If you don’t, work a little harder…jeez..
Every bit helps and if you can permanently increase your means, imagine all the extra savings and how much faster your financial goals will be realized!
