Tricks to make extra by cutting your expenses
How to make money while unemployed from these sites:
Install Neilsen and let it run in the background. Neilsen pays $50/yr to keep its app installed. Plus, want a shot at $10,000? It could happen. : Get rewarded for 2 minutes of your free time – and keep getting rewarded monthly! Get $3/month. Not a lot, but it’s better than nothing. You get automatic cashback for shopping online. Rakuten gives you 2-10% cashback. Sometimes, it will double the money back or cashback.
6. Cut your expenses
One of the new ideas to free up more cash is to cut some expenses out (e.g., don’t spend or need to buy).
A $10 cut every month means $120 in savings per year or $1,200 in 10 years. Cut more from your expenses and you’ll save more.
That said, I know that a lot of us with our busy with family, outside activities, etc. that we don’t have time to solely focus on our bills.
Here’s how the app works:
You can also use other-related apps like Charlie and Cushion to evaluate your bills automatically. They do the same thing like Trim does. All you need to do is sit and enjoy while they negotiate on your part.
7. Never delete your emails
Believe it or not, many people are simply losing money instead of making more because of deleting their emails. Don’t be that person.
There’s an app called Paribus, which gets you some back for your online purchases. In simple terms, you can get money even when unemployed or employed just by letting Paribus look at your receipts.
If it finds you a refund – that is, when the product’s price drops) for an eligible purchase – it will request a refund on your behalf.
Here’s another benefit:
If your shipment is late (and sometimes, it happens), you’ll get some refunds, too. Alright, you’re not going to generate more from this. That said, you’re going to get refunds. It’s that simple.
8. Tackle the high-interest debt first
Interest payments are like a big sum of funds you easily give to companies. Imagine not paying interest or fees on your debt?
Here’s what you can do: When you are ready to get your debt out of the way, find out which creditors charge you high fees and interest.
Start prioritizing your debt so you know which ones you need to focus on. As you move forward with paying these debts off, try to avoid getting into more debt.
Here are some opportunities you can do to deal with debts:
There are new, exciting, innovative companies that offer non-traditional ways of helping you get rid of your own debt. One of them is Tally, which I highly recommend.
If you qualify, you’ll receive a Tally line of credit (LOC) to pay off your cards with high APR balances. This means that it is saving you some by letting it do the right payment to the right card at the right time.
If your student loans always keep you from saving some (and also making money), you could simply refinance to a lower rate and a better, shorter term. When you have a lower rate and a shorter term, you easily end up saving a whole lot of money.
SoFi is known for doing that. With no hidden fees and prepayment penalties, SoFi could help you save thousands of dollars over the loan’s life.
Side hustles from home for stay-at-home moms
If you’ve suddenly become a stay-home mom because of being laid, there are a few side hustles you can do to make extra on the side while being unemployed.