Manage Your Life

Saturday, December 5, 2009

Making extra money without getting a second job

Who couldn't use a bit of extra money right now? With the job market tightening up and our time at a premium to begin with, taking on a second job to earn some Christmas cash may not be an option, but there are other ways to bring in cash without having to commute.

I recently took a look at the great number of things taking up space in my home and decided that there must be a way to put it all to better use and make a little money at the same time. Here are five ways I was able to create cash out of clutter -- without resorting to Craigslist or Ebay (though those are good options, too):

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1.) Sell your extra books. I'm a book fiend, a book addict, a book enthusiast. My family has come close to staging interventions for me over my first-edition addiction, but I culled through my collection and made about $200 selling some of them to Cash4Books instead. Cash4Books accepts audiobooks and text books as well as softcovers and hardback tomes, and they even pay shipping --  type in the ISBN (above the barcode) to see if they're buying what you want to sell.

2.) Cull through your DVD and video game collections. Half.com is part of the vast online flea market that is Ebay, but it's much, much easier to navigate. There are no listing fees, for one thing, and while you do pay a percentage of the profit once your item has sold, it's really quite reasonable. You're listings are limited to media (books, video games, music, movies), but Half.com reimburses most of your shipping costs, collects the money from buyers for you, and pays out twice a month via paypal (no chasing down delinquent bidders. Woot!).

3.) Pick up those pennies and turn them into gift cards. Those green Coinstar machines at your grocery store can do more than count your change for you. If you cash in more than $40 worth of coins and turn the money into a gift card or eCertificate, they'll waive the counting fees. The gift cards are for big-name stores like Amazon, AMC movie theaters, Lowe's, Old Navy, and ITunes. Keep in mind: You don't have to give the gift cards away; use them augment your own holiday shopping budget, if you need to. Think those nickels and dimes aren't worth the time it takes to dig them out from between the sofa cushions? My husband gathered up the change from his nightstand and random coat pockets and ended up with more than $100. Crazy.

4.) Get crafty. This isn't a "money for nothing" suggestion as much as it is a "money for something you do anyway" one. If you have a hobby, put it to work for you. Making cute ornaments out of recycled lightbulbs? Sell them on Etsy. Make your own giftbaskets? Sell them on Etsy (or give them instead of purchsed gifts and save money that way). Have a knack for creative and unusual  and cool jewelry? Etsy, Etsy, Etsy.

5.) Make money by saving money. The folks at CafeMom have some great tips on winterizing your home; the less you have to spend on heat, the more you have to spend on other things. Also: Check out the Frugal Moms discussion group at Work It, Mom!

How do you bring in a little extra money?

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From the Community…

Comments 1-10 of 98
  • Rose's Avatar
    Posted by Rose Wed Jan 14, 2009 8:49am PST

    I believe the best way to make extra money is just by not spending extra money.

    My husband and I stopped going to Starbucks about 4 years ago saving us hundreds of dollars a year.

    Yes we turn down the thermostat (69 degrees) in the winter and wear extra clothes to bed.

    We always shop with a grocery list and go grocery shopping after we've eaten a meal. We stick to the list!

    Of course, we bundle trips. If we need to the grocery, we're also going to the bank, and post office, and whatever. And we buy generic and in bulk if possible. Yes I USE my FOOD SAVER and love it!

    We also eat what we have. We make it a point every year to clean out/eat everything in the freezer. (Seriously, i've seen people's freezers. do you even know what's back there? How long has it been there?) You are just wasting money by not eating it.

    We tried to do a neighborhood garage sale. Cost me $12 to advertise (we all pitched in). I sold $8 worth. Wasn't even worth it. In the end, I was just giving it away to whoever came and then dropped everything else off at the Salvation Army.

    I DON'T HAVE TIME to be selling stuff on the internet and running to the post office to mail things. I would rather donate and be done with it. And next time I want to read a new book, I'll visit my local library! Really when was the last time you read a book twice?!

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  • Mahealani T.'s Avatar
    Posted by Mahealani T. Wed Jan 14, 2009 11:51am PST

    There's also another great way to sell your things - Craigslist! It's free to list and you receive the cash immediately, compared to auction listings. Of course, you'll have to meet the people face-to-face to sell them, but I always meet in a public area and bring a friend.

    There's a site where I look up ways to make money from home. (Remember, you never have to pay a fee to work at home.) There is a great forum at volition.com called "Get Paid" forum. Real people trade good/bad information about work at home opportunities.

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  • Mahealani T.'s Avatar
    Posted by Mahealani T. Wed Jan 14, 2009 11:52am PST

    P.S. Here's the direct URL to the forum on Voltion: http://forum.volition.com/forum.asp?FORUM_ID=9

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  • Cindy's Avatar
    Posted by Cindy Wed Jan 14, 2009 5:52pm PST

    I have been able to get involved with focus groups, mystery shopping and paid surveys - at first I was supplimenting my income, now it pays the bills - I found this article on associated content:

    www.associatedcontent.com/article/1320582/2009_new_years_resolution_making_and.html

    then I went to the blog it referred to - www.realwomenrealmoneyworkfromhome.blogspot.com

    free info, not asking for a dime, not a sales pitch, just free info on mystery shopping, paid surveys, focus groups with brand name companies - also has some online jury gigs, coupons, things like that, free sample sites - it saved our finances

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  • 's Avatar
    Posted by Thu Jan 15, 2009 3:40am PST

    very empressive^^,

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  • cdags's Avatar
    Posted by cdags Thu Jan 15, 2009 11:10am PST

    i just priced out 8 hardcover books in excellent condition- most were published in the last 10 years- my total? $1.77. Cash4Books is not helpful. Nice try, though.

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  • teresa's Avatar
    Posted by teresa Thu Jan 15, 2009 11:39am PST

    in january 2008 i started selling books on amazon.com. i've sold over 140 books. i got the books from a variety of places. i've made a profit and still have over 400 books in my inventory waiting to be sold. amazon does take a portion of your sale though. and, it does take the dedication of going to the post office, but i don't mind. every time i receive an email saying a book has been sold, i get excited. it brings a few extra dollars every 2 weeks.

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  • 's Avatar
    Posted by Thu Jan 15, 2009 8:48pm PST

    I have had to do the same. Cutting up the credit cards is one way. Seeing what you have to sell is another. Cooking at home is also a less expensive and lasts longer sometimes. I have had to do alot in the past year. Donating to Goodwill, toys for tots, etc...it is fun and makes you happy. I agree with redwine that going to a library is fun. We are book nuts to.

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  • GurLz21's Avatar
    Posted by GurLz21 Thu Jan 15, 2009 10:50pm PST

    amazing...

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  • Elle's Avatar
    Posted by Elle Fri Jan 16, 2009 9:39am PST

    I have sold a lot of things on craigslist and it definitely helps. Not only do you clear out the clutter in your garage/closet/etc. but you can make a few extra bucks too! Also, we have stores in my area called Half Price books that buy used books, CDs and DVDs. They pay a lot more than Cash4Books and you don't have to ship them you just take them into the store. Even if you don't have a Half Price books near you search for used book stores in your area and they probably buy books too. There are also Movie Trading Company's near me that will buy DVDs and CDs and they will give you double their buying price if you spend the money in the store. Of course you can take the cash but for me it made more sense since there was a CD I was planning on buying anyway there. Out with the old in with the new!

    I also have recently been looking closer at my bills (cable, electric, insurance) to see if there are any services that I have that I'm paying for and not using. I raised my deductible on my insurance and got rid of the premium channels that I never watch on TV to save a couple of bucks each month. I've also been looking into competitor electric company prices because there may be new programs available to new customers that are cheaper than what you're currently paying for electric. A lot of people think it would be too hard to switch but it really doesn't have to be, some companies will even reward you for switching to them (no switch fee, bonus rewards)

    Hope this helps, Happy Saving!

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Comments 1-10 of 98

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