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6 Lifehacks to Make Money Even When You Are Unemployed

6 Lifehacks to Make Money Even When You Are Unemployed

We have no doubt that you are putting in a lot of hard work and time into your job hunt, and that your job search is starting to feel like you already have a full-time job. But, there is one downside here; you are not getting paid to search for a new job. If you are currently unemployed, you may be experiencing some stress and that can even cause some definite problems, because after all, you need to pay those bills that are piling up.

Do not worry, because finding a new job is not your only option to bring money home. There are several quick, easy and different ways to bring home some extra cash while you are still looking for that dream job. We bet that you are getting curious, and if you are, keep reading to find out more about the lifehacks that’ll help you make money even if you are currently unemployed.

1. Start Your Own Blog

The internet is filled with different kinds of blogs that are devoted to all kinds of topics. Many of them do not make any money, some make a decent amount, and there are some that draw in lucrative and regular income. For example, fashion blogs are now ultra-popular and research has shown that a fashion blogger can make even $4000 a month, if they have 400.000 page views per month.

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This is the best case scenario, but if you manage to make $400 each month from blogging, that can certainly be useful, especially when you are unemployed. So, if you are passionate or have a lot of knowledge about a subject which others will be interested in learning, you may able to make some extra money by setting up a blog and generating revenues from sponsored posts or affiliate marketing.

2. Walk Dogs

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    Have you considered turning your love for dogs into hard cash? Many dog owners nowadays simply do not have the time to take their furry pets on walks during the day, so there’s money to be made from walking them. Walking a neighbor’s dog is not only a great way to make money, but you can also get your share of exercise.

    There are also several more tasks you can take on, like mowing lawns or weed gardens. If you are handy, you can even take care of a few repairs for people who are in need of them. Remember that people need help with everyday things all the time, but in many cases, they do not want to hire a professional. So, make yourself available, help them address these small issues and earn cash while you are doing something good.

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    3. Teach Online

    If you have a skill, a trade or knowledge of a certain foreign language, you can easily make money by teaching others. There are many websites that are looking for people who can teach these skills online. Even though this does not allow you as much control and freedom like other lifehacks we mentioned above, it can be fun if you are a person who likes to teach others.

    There is one bonus that comes with this. You will get an experience you can put in your resume and help you score a job later on. But be careful; many people have managed to make a successful career out of teaching people online, however, not everyone can do this successfully.

    4. Participate In Research Studies

    Perhaps the idea of participating in research studies and clinical trials may sound a little terrifying, because there is always that fear that something can go wrong. But many of them are safe and you can earn a decent amount of money. Search online for focus groups, research panels, clinical trials, surveys and other paid opportunities that are looking for participants. The amount of money you are going to get can vary, but this is still one effective way to earn some extra cash.

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    5. Become a Streamer

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      Many people spend money in order to play video games, but there are those who do it the other way around; they make money by playing video games. If you are a gamer yourself, and in need of cash, then this is an excellent opportunity to turn your hobby into a paying gig. Thanks to the streaming websites like Twitch and YouTube Gaming, smart and lucky people are now swimming in cash that they’ve earned by broadcasting their gameplay on the internet.

      However, turning streaming into a lucrative business is not an easy task, because you need to build a sizeable audience that will be willing to watch and pay. You will be needing the proper gear and, if you do not own an Xbox One or a PlayStation 4, a game capture box and a PC will do the trick. Once you set up everything, remember to be entertaining and charismatic if you want people to come back and watch you.

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      6. Sell Your Stuff

      It is in our human nature to hang onto things that we are no longer using, whether that is a pile of clothes in our closet, a bike we have never ridden or a spare TV set. If you look at it like leaving large piles of money just sitting around your home, it kind of seems ridiculous, doesn’t it?

      Essentially, this is what you are doing, because all of those unused items are just taking up your space, instead of actually helping you score some of that much-needed money. This is why you need to list them for sale online or host a garage sale that will not only help you eliminate your clutter, but it will also fill up your wallet.

      When you are unemployed and in a search for a job, it is understandable that you want to put in all of your energy, time and attention into finding that perfect position. But, this will not help you pay your bills, because you need to find ways to bring in some cash when you need it the most. Finding a part-time job is always an option, if you can swing it, but if you want to try something else, these different ideas and hacks will surely provide you with inspiration to earn some extra cash while you are on your job search.

      Featured photo credit: http://kaboompics.com/one_foto/1012/white-laptop-female-hand-note-pen-phone-desk via pexels.com

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      Katarina Milovanovic

      Creative Writer

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      Last Updated on April 3, 2019

      How to Nix Your Credit Card Debt in Less Than 3 Years

      How to Nix Your Credit Card Debt in Less Than 3 Years

      Debt is never a fun thing to be in. But, there are many actions that you can take that will help you rid yourself of the burden of debt once and for all.

      By coming up with a set plan, eliminating your debt can feel much easier than constantly thinking about it.

      This post will provide some tips on how you can do this to help you nix your credit card debt in less than 3 years.

      Hint: there are ways that are easier than you think.

      1. Consider Consolidating Multiple Credit Cards If Possible

      This may not be applicable to you, but if you have multiple cards – it is something to consider. Keeping up with multiple bills is time consuming.

      It will depend on the balance you have on each. Consolidate ones you can but do not do it to the point that you get too close to the maximum limit. Also, it is ideal to pick the card with the lower interest rate.

      Consider if there are any fees or alternatively, rewards, with transferring a balance to another card. Watch out for fees. Note that some cards offer rewards for transferring a balance to them. This is extra cash that can help go towards paying off your debt.

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      Having one or two cards can make nixing your debt much simpler than keeping up with the balance of a bunch of cards. Keeping track of paying the minimum towards a bunch of cards is time consuming. Spend the time to consolidate instead to make the overall process simpler going forward.

      My tip: Have one main credit card. Have a second one that you use for necessities – such as groceries or gas – that offers rewards for those purchases (a lot of cards do) and set the second one on auto-pay. You should be able to pay off a smaller amount on auto-pay if it is a necessity. If you think you cannot, then you may need to cut down a lot on expenses.

      Why do I suggest doing this? Having one thing set to auto-pay is one less thing to think about. One less thing to waste time on. Same idea with consolidating to one main card. Tracking down too many is a hassle.

      2. Try to Pay the Full Balance You Spent Each Month at the Very Least

      You need to pay off the amount you are spending each month when that bill comes in. This is the amount you spent THAT month.

      Do not let the debt keep accruing while you work on paying any unpaid debt that has accrued. It will become a never-ending battle. Try as best as you can to be current on paying for each month’s expenses when that month’s bill comes out.

      If this is a strain, consider why. You may need to cut expenses. Or you may need to consider other cards. Or look at where this money is going.

      3. Pay Extra When You Can – Every Small Amount Counts

      This cannot be emphasized enough. If you are looking at a lot of credit card debt, it can look daunting, but each extra amount that you can put towards the debt will really add up – no matter how small it is.

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      It does not just reduce the principal amount that you have left to pay off, but it reduces the amount that is collecting interest. You will always save money with that reduced interest.

      4. Create a Plan on How to Pay Extra

      Back to the main point, having this plan is giving you one less thing to think about.

      This plan should be a plan that works for you. If it does not work for you, your spending habits, and your views on debt, then it will not be an effective plan.

      For instance, if a set plan of an extra $50 (or another amount that you know you can afford) works for you, then do that. Set that aside every month and pay that extra amount. Treat it like a bill. Choose an amount that works for you and pay it like clockwork as though it was a bill you had to pay each month.

      Little amounts will not nix it entirely, but they will help tackle it and having a set plan can make it less of a chore. Creating a new plan of how much to put towards it each month is an unnecessary added stress.

      5. Cut out Costs for Services You Do Not Use

      If you are signed up for subscriptions that you do not use because of some free trial or for some other reason, cut it out. Your overall financial position will look better.

      In turn, that will make cutting your credit card debt easier. Look at your statements to find these expenses. If you do not use them, you may forget you are paying some unnecessary amount each month. Cutting it out can really add up in savings that you can put towards other needed expenses.

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      6. Get Aggressive About It

      Consider these points:

      Depending on the interest and the level of debt, you may need to give up a few indulgences. For example, instead of ordering delivery or going out to eat, cook at home. Everything adds up.

      Other things may be more of a sacrifice. It may be a trip you wanted to go on, or a daily latte habit you’ve picked up. In these instances, consider how important it is to you and if it’s worth the sacrifice. And if it is a costly expense, think whether you can wait to indulge.

      Cutting an extravagant expense can really help make a dent in your overall debt. Try not to add to debt when you are trying to pay it off. It will be a never-ending battle. Make it less of a battle with these tips and it will feel easier.

      Bottom line: Do what you can to make this process easier for you. Implement steps that do this. It takes time now, but will help overall. Also, keep track of your spending and paying down of your debts. Which is the next point.

      7. Reevaluate Your Progress at Set Intervals

      Doing a regular check-in can help you see your efforts pay off or maybe indicate that you need to give this a bit more effort. If you check every 3-6 months, it will not feel so much like a chore or feel so daunting.

      By doing this, you will be able to better understand your progress and perhaps readjust your plan. Bonus: if you see it pay off, it will feel great to do this check-in. You will get there.

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      Finally (and most importantly)…

      8. Keep Trying

      Do not get discouraged. Pushing it off will make it worse. Just keep trying.

      Once your debt becomes lower, each monthly payment will reduce the balance more. Why? You are paying less towards interest. It will be a snowball effect eventually and it will become much easier to manage. Just get to that point. And know once you do, it will feel easier and motivating.

      Start Knocking out Your Debt Today

      The best way to eliminate debt is to get started right away. Begin by implementing the above steps and watch your debt just melt away. Try out some of the above strategies and see what works best for you. Soon you’ll be on your way to a debt free life.

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      Featured photo credit: Pexels via pexels.com

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