Manage Your Life

Tuesday, December 15, 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 11-20 of 108
  • MelanieN's Avatar
    Posted by MelanieN Fri Jan 16, 2009 11:20am PST

    melanie where you at

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  • MelanieN's Avatar
    Posted by MelanieN Fri Jan 16, 2009 11:22am PST

    is it possible for someone to have the same password. if so melanie needs to chech this out how did you get my password, i,ve had this for at least 4 years please check it out thanks

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  • Ehis's Avatar
    Posted by Ehis Fri Jan 16, 2009 1:18pm PST

    i dnt undastand,i,m seachin a 4 job on line,help get one pls i'l be gr8ful

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  • Ehis's Avatar
    Posted by Ehis Fri Jan 16, 2009 1:18pm PST

    i dnt undastand,i,m seachin a 4 job on line,help get one pls i'l be gr8ful

    Report Abuse
  • Hunter's Avatar
    Posted by Hunter Fri Jan 16, 2009 8:58pm PST

    save pennies and turn them into cash at homeland... drive less..... and spend less on food....have free long distance to save on phone calls to family

    Report Abuse
  • Lauren Griffiths's Avatar
    Posted by Lauren Griffiths Sat Jan 17, 2009 9:42am PST

    HTTP://WWW.FLIPSWAP.COM

    I had a some old cell phones, chargers, and an old iPod and I sent it to www.flipswap.com. You have to create a log in and pick out your exact phone/ipod models and tell them whatever accessories are with it. (the more original accessories, booklets, boxes, etc. the higher you'll get back). They also plant a tree for any cell phones that they do not give you money back for. I had a broken Blackberry pearl, a broken Blackberry, a working older Motorola Razor, and an old broken iPod Photo w/ engraving, few accessories, booklets and boxes and I got about $95. It takes about 8 weeks to get the check, but it's completely valid. Postage is free - when you log all the phones and accessories you get a quote and a prepaid mailer. You just have to box it all up and take it to the post office. I am such an advocate of it now because you can get money back for your old electronics that are pretty much worthless.

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  • Barrett's Avatar
    Posted by Barrett Sat Jan 17, 2009 5:20pm PST

    THE best way to make money is reviewed on http://www.freewebs.com/free2workathome/

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  • Vivian's Avatar
    Posted by Vivian Sat Jan 17, 2009 9:06pm PST

    Always monitor your cash flow, spend wisely, and save for the rainy days.

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  • khalid's Avatar
    Posted by khalid Sun Jan 18, 2009 12:02am PST

    I want to earn some extra money for better living.

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  • Diana's Avatar
    Posted by Diana Sun Jan 18, 2009 12:37am PST

    About 5 years ago we found ourselves in a financial disaster. We were buried in debt and knew, we are going to loose everything, if we don't take action now. Problem was, my husbands employer wasn't able to pay his income on time anymore, it came repeatedly up to 2 weeks too late, needless to say, that we were quickly behind on our own bills, including the mortgage. It was so bad, I had to put basics like bread, milk, and eggs on a credit card. We also had two new cars standing in front of the house, we couldn't pay for anymore. So what was there to do? We would have lost everything anyways so, get this, we sold the house, we sold one car and did a voluntary repossession (got that info from the bank, ones he was military again, we could actually do that) on the other, just to get rid of the burden. It didn't completely diminish our debt, but we were in much better shape. Now you probably think, but where did they live and how did they...well, we were in the lucky position that my husband used to be a US soldier and after two years out of the service he re-joined and that basically saved our rear ends, all of a sudden, there was a regular pay check, of course much less than his civilian income, but we also had a free roof over hour heads, no electricity and water bills etc and free medical care. Of course, we still had a truck load of credit card debt to pay off, but we mananged with super tight budgeting to clear that within 9 months and bought a (very) used car, just to get to work and back and then I used every trick in the book to save extra cash, from making my own laundry detergent (yes, washes clean, treat stains though), I stopped using expensive household cleaners (90% of that stuff is water anyways, I still clean most of the house with hot water and vinegar, baking soda rubs away fat stains easily and I ones read you can clean a tub and shower with buttermilk, yes, I tried that too, works great, just smells a little funky). I served the internet for decent, but very affordable clothing, we spent our "vaccations" in local parks (it's free you know and has the same effect). Then he deployed, which meant a few extra bucks a month, but at that point we had already cleared most of our debt, the last bill we had was a loan, I was finally able to save and for just two people at home, you don't need much. I saved every penny he made extra while deployed and by the end of his 12 months tour I had a nice amount saved up that was not to be touched, we put in in a 3 year CD. Just 9 months later he deployed again and again I saved every penny and lived off the money I made as a waitress, that way I was able to pay off the very last bill. (we celebrated that one) and in the meantime, since our cars (yes, we had two and still do) were old and started to get aches an pains, we had enough money saved up to finally go for newer models. My car was 2/3 paid off immediately and his was half way paid off the day we bought it. (yeah, wave in times like that with cash of those amounts and they will give you the darned car for any price you want, my 26000 dollar car cost me 19000 and his 23000 dollar car 14000).

    Now 5 years have passed and what we used to have in debt, we now have saved up. It is such a relief to know, that we could survive about 1 1/2 years without making any money. There is no other debt besides the cars and we already have the amount to pay one of them completely off sitting in the bank right now.

    Oh and one more thing, we save a good chunk of money automatically each month. In the "Automated Millionare" by David Bach he writes that if you automate everything, then you won't even miss it...absolutely correct, I to this day don't miss the 300 dollars that go straight into savings each month. We also opted no to have an ATM card for the savings account, if we want money out of the savings account, we have to go to the bank, and seriously, many times we were just too lazy. (haha) and ones you get a hang of the money game and found lots of fun alternatives to your daily spending you will try to get by with even less. Besides the 300 dollars we put into savings each month, there are at least another 500 left over at the end of the month plus this past year my part time income. (we then spent on a car, was necessary though, his old car needed monthly fixings, wasn't worth it anymore).

    By now it is a fun game to play and I trick myself every day. I have enough dicipline by now to go to the store, look around, touch the stuff, look at it and then put it back on the shelf, go back home, think about it for 3 days and if I really need it, I will buy it...most of the time though I a) don't need and b) am to lazy to go back to the store anyways.

    We are just happy with what we have and are on the very lucky position not to have any money worries. Just to see a full fridge makes me happy. (I remember other times, didn't even know what to feed my son with).

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