Need a little extra money?

I know there are a million ways to make extra money, but these are a few of the ones we have done to get our debt snowball moving.  I’m usually on the lookout for more, but I have also discovered that time is money, and I have to consider the return on investment. Meaning: is the amount of time I invest worth the money I earn?

It would be easy for me to say that I should do everything that I come across that earns or saves money because we still have debt to pay. I’ll be honest, it is very difficult for me to say no to some money-making and money-saving ventures, but it is necessary. I am, just like all of you, given 24 hours in a day, and I cannot run myself ragged just to save a dollar. Our debt snowball is a marathon, not a sprint, and I need to treat it as such. My time is worth something, and therefore I carefully consider the money making and money saving ventures I partake in.

Below is a list of the things that I have done and am still doing to make extra money. Getting a smartphone changed my ability to deal shop. I think my deal shopping now will pay the additional price per month for my phone. I can’t believe I had a flip phone until December 2015, seriously even the Baby Boomers are more tech savvy than me.

Coupons:

This one ebbs and flows. It depends on how much time I have. We do a lot of grocery shopping at Aldi, which doesn’t take coupons, but prices are so good there you don’t even need them. For more information about how to organize your coupons check out Coupon Clipping for Ordinary Moms.  I do not spend much time organizing or cutting coupons at all, and I do NOT (usually) buy things we don’t need.

Ibotta:

This is super easy to use. Some items you have to scan the item and the receipt and for some items you just scan the receipt. Then once you earn $20 you need to send the money to your PayPal account. The more friends you have on your team, the better, plus you can earn referral bonuses. You refer a friend to save money, and you get money too. Win-Win.

Target Cartwheel on the Target App:

Another easy to use one. You can use target cartwheel, target coupons, and manufacturer coupons all on the same item. Now that doesn’t occur often, but manufacturer coupons and cartwheel does. Just watch that you aren’t buying things you don’t need or brands you wouldn’t necessarily buy just because of all the savings.

Ebates:

This one is great if you shop online a lot, or even just around the holidays. Every time you are going to buy something online you go to Ebates first and then click on the store you want. You will earn a percent back from your purchase. You also are eligible for a cash bonus for referring friends. Your friends that sign up also get a gift card after their first purchase.

Varage Sale:

A virtual garage sale. We have made hundreds of dollars in the couple of years we have been using this website. We sell things we don’t want or need anymore and make extra money and declutter our home. This site is also great for saving money on items you need to purchase. I love shopping second hand. It saves me money and keeps things out of the landfill.

Neighborhood annual garage sale:

If you have a lot of things to sell, a garage sale is your best bet. I used to organize a neighborhood garage sale every year, but have found for us it is no longer a good return on our investment.  However, it is a good option for many people. Be sure to check out Should You Have a Garage Sale? This article will help you if you are debating whether a garage sale is worth it or not.

I know there are a lot more ways to make extra money, but so far these are the ones we use. We have found each of these to be worth the time investment. If we find they no longer are worth the time, then I will not hesitate to stop doing them. Just like we decide

d we no longer have enough stuff to justify the work involved with a garage sale.

 

What other ways are you making a little extra money (aside from side hustle jobs)?

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