Advertising
Advertising

8 Simple Ways to Save Money & Help Stop Poverty

8 Simple Ways to Save Money & Help Stop Poverty

    According to GlobalRichList.com, I’m in the top 0.82% richest people in the world.

    That’s not to brag, though. Almost everyone with the means to read this post is in that top one percent somewhere.

    But there are billions more people out there who are not in the top one percent, and they’re not in the top two or three either. The majority of our planet is living in poverty.

    Economic crises (and the accompanied fear mongering) aside, we sometimes look at the world as a prosperous place with a few unfortunate pockets of poverty strewn about. It’s so easy to forget that the majority of the world lives in poverty, or pretty damn close to it. Easier for us, at least.

    Advertising

    The UN definition of poverty is living on less than a dollar a day; I’d suggest that’s a number chosen to keep the sheer statistical size of this situation from light, since it’s hard enough to live on $30 a day. Sure, not as extreme, but by no means easy in many areas of the world. We are incredibly lucky to be a part of this miniscule percentage of people who are, by all means, rich.

    Even if you’re in debt and have a terrible credit rating, you’re rich compared to much of the world. I don’t say that to deride anyone, but remind us all that we’re lucky, even when times are terrible by our own standards. There is something everyone can do to help. Even a mere dollar makes a difference; that’s a doubling of daily income for many.

    Here are a whole bunch of ways you can save more money that we’ve discussed on Lifehack. If it’s this easy to find a few dollars, it’s easy to help stop poverty.

    Make Your Own Coffee, Use the Library, Get Netflix

    Chris Brogan shares a list of ways you can cut a significant number of expenses easily and immediately, from making your own coffee with an espresso machine instead of heading out to Starbucks, using the public library instead of splurging on books all the time, drinking at a friend’s place instead of the pub and laying off the lead foot on your accelerator.

    With some or all of the money you free up using these tips, you could fund a loan with Kiva; and you’re not even losing money since the majority of these loans are fully repaid!

    Advertising

    Stick to Your Budget

    Here’s a list of 32 hacks to help you stick to your budget. I’m willing to bet that most of us run out of money just before payday because we’re terrible at staying within the boundaries of our budget. If you can get yourself to stay within your budget for just one month, you could still make a difference. Maybe keeping up with a few good personal finance blogs will help in this regard as well.

    With the savings you could help out an organization such as USA for UNHCR, an organization that helps refugees; people who are not only living in poverty, but displaced from their own countries, cultures and families as well.

    Wallet-Padding Tips for Troubled Economies

    Our Thursday published a list of ways you could fatten the wallet up a bit even during harsh economic times. My favorite is the last item: stop paying attention to all the fear mongering in the news. Many are more practical, such as beefing up your resume and learning new skills so you can land a higher income.

    With the savings you could donate to an organization like the Global Fund, which fights AIDS, tuberculosis and malaria in developing countries.

    Insulate Your Crawl Space

    Kyle Potts writes that by insulating your crawl space, you can save plenty of money on your energy bill over the long-term. You won’t just save on your energy bills: a poorly insulated or vented crawl space can lead to mold and rotting in your flooring, which can cost a fortune to repair.

    Advertising

    A few dollars freed up on your energy bill can make a big difference, perhaps by making it more affordable to sponsor a World Vision child.

    Save Money on Your Phone Bill

    Do you tend to blow the budget on your phone bill? Not that long ago I wrote an article that described how you could save thousands on your iPhone bill, though many of these tips – and software suggestions – are adaptable to all sorts of mobile phones, especially any kind of smartphone or PDA that tends to run the bill sky high.

    Whatever you save on your phone bill, you could give to World Concern, an international humanitarian non-profit doing some great work.

    Use Your Digital Camera

    Thursday strikes again with a list of ways you can save money with the help of a digital camera or your phone’s camera. The list covers everything from taking snaps to help you recall things that, if forgotten, will cost you more, to monetizing your best shots on stock photography sites.

    You might use your savings to donate to the Action Center to End World Hunger.

    Advertising

    Get Organized

    Just keeping organized can save you a heap of dosh. I know the difference on my tax return between years when I keep meticulous expense records and years when I don’t is huge; organization certainly pays in that regard. Lorie Marrero lists a whole bunch of other ways that good organization keeps your bank account that bit fuller.

    Getting organized can free you up to donate to Poverty Fighters, a microcredit organization.

    Bring Your Own Lunch to Work

    The amount of money you can save by bringing your own lunch to work instead of heading out to an eatery or the corporate cafeteria over the course of a year is pretty amazing. According to this article, the savings come to as much as $988. That’s almost three years worth of earnings for many people living in poverty. If you could pay for one person to live for three years, three people to live for one year, or thirty people to live for a month, wouldn’t that at least bring a smile to your face?

    While you’re saving on food money, help feed someone else by donating to the Friends of the World Food Program.

      More by this author

      Joel Falconer

      Editor, content marketer, product manager and writer with 12+ years of experience in the startup, design and tech digital media industries.

      Mastering the Art of Prioritization The Importance of Scheduling Downtime How to Make Decisions Under Pressure 11 Free Mind Mapping Applications & Web Services How to Use Parkinson’s Law to Your Advantage

      Trending in Featured

      1 50 Businesses You Can Start In Your Spare Time 2 15 Ways to Cultivate Continuous Learning for a Sharper Brain 3 The Importance of Reminders (And How to Make a Reminder That Works) 4 40 Top Productivity Apps for iPhone (2019 Updated) 5 Top 10 Ways to Lead More Effectively with Humor

      Read Next

      Advertising
      Advertising
      Advertising

      Last Updated on June 20, 2019

      50 Businesses You Can Start In Your Spare Time

      50 Businesses You Can Start In Your Spare Time

      Most people want a few more dollars in their wallets. But between an employer and family, the time most of us can devote to a second job is severely limited. Running a small side business can provide a few more options: you don’t have to show up at a set time and you can use skills you already have. Not all will be perfect for everyone, of course, and I’m sure that you’ll have a few ideas of your own after reading this list. If you’d like to share any other business ideas, please add them in the comments.

      1. Selling collectibles — From antique books to teddy bears, there are plenty of opportunities to buy and sell collectibles. It’s important to familiarize yourself with the collectible of your choice but if you choose something that you’ve been collecting for a while, you’ve got a head start.
      2. Locating apartments — It can take time to sort through apartment listings, but you can make some money by finding the perfect apartment for a renter.
      3. Baby proofing — New parents often prefer to bring in an expert to make sure their home is safe for a new baby.
      4. Calligraphic writing — If you’ve got elegant handwriting, you can pick up gigs writing or addressing wedding invitations, holiday cards and more.
      5. Selling coupons — Search on eBay for coupons right now and you’ll see thousands of listings for coupons. It’s just a matter of clipping and listing what you find in your Sunday newspaper.
      6. Pet training — A surprising number of people don’t know where to start in training a pet. Even teaching Rover simple commands like ‘Sit’ and ‘Stay’ can bring in a few dollars.
      7. Running errands — A wide variety of people want to outsource their errands, from those folks who aren’t able to leave their homes easily to those who have a busy schedule.
      8. Researching family trees — Amateur genealogists often call in experts, especially to handle research that has to be done in person in a far off place. If you’re willing to go to a local church and copy a few records, you can handle many family tree research requests.
      9. Supplying firewood — The prerequisite for selling firewood is having a source of wood; if you’ve got some land where you can cut down a few trees, you’ve got a head start.
      10. Hauling — As more people trade in their SUVs for compact cars, hauling is becoming more important: people have to rent a truck or hire a hauler for even small loads.
      11. Image consulting — Image consultants provide a wide variety of services, ranging from offering advice on appearance to teaching etiquette.
      12. Menu planning — For many people, the trip up in eating home-cooked or healthy meals is knowing what to prepare. Meal planners set a schedule to solve certain dietary problems.
      13. Microfarming — Cultivating food and flowers on small plots of land allows you to sell produce easily.
      14. Offering notary public services — Notary publics can witness and authenticate documents: a service needed for all sorts of official documents.
      15. Teaching music — If you’re skilled with a musical instrument, you can earn money by offering lessons.
      16. Mystery shopping — Mystery shoppers check the conditions and service at a store and report back to the store’s higher-ups.
      17. Offering research services — Just by reading up on a topic and compiling a report on it can earn you money.
      18. Personal shopping — Personal shoppers typically select gifts, apparel and other products for clients, helping them save time.
      19. Pet breeding — Purebred pets can be quite value, especially if you can verify their pedigree.
      20. Removing snow — During the winter months, shoveling walks can still be a reliable way to earn money. You might be asked to take care of the driveway too.
      21. Utility auditing — As people become environmentally-concious, they want to know just how efficient their homes are. With some simple testing, you can tell them.
      22. Offering web hosting services — Providing server space can be lucrative, particularly if you can provide tech support to your clients.
      23. Cutting lawns — An old standby, cutting lawns and other landscaping services can provide a second income in the summer.
      24. Auctioning items on eBay — Want to get rid of all your old stuff? Stick it up on eBay and auction it off.
      25. Babysitting — Child care of all kinds, from babysitting to nannying, can offer constant opportunities.
      26. Freelance writing — If you’ve got the skills to write clearly, you can sell your pen for everything from blogs to advertising copy.
      27. Selling blog and website themes — Do a little designing on the side? Customers that don’t want to pay full price for a website will often pay for a template or theme.
      28. Offering computer help — Particularly with people new to computers, you can earn money by providing in-home computer help.
      29. Designing websites — It may require a little skilled effort, but designing websites remains a reliable source of income.
      30. Selling stock photography — For shutterbugs, an easy way to put a photography collection to work is to post it to a stock photography site.
      31. Freelance designing — Check with local businesses: you can provide brochures, business cards and other design work and get paid a good fee.
      32. Tutoring — Math and languages reamin the easiest subjects to find tutoring gigs for, but there is demand for other fields as well.
      33. Housesitting / petsitting — Stopping in to check on a house or pet can earn you some money, and maybe even a place to stay.
      34. Building niche websites — If you can put together a site on a very specific topic, you can put targeted ads on it and make money quickly.
      35. Translating — The variety of translating work available is huge: written word, on the spot and more is easy to find even on a part-time basis.
      36. Creating custom crafts — No matter what kind of crafts you make, there’s likely a market for it. Etsy remains one of the easiest places to sell crafts.
      37. Setting up a wi-fi hotspot — With a little bit of equipment, you can set up a wi-fi hotspot and charge your neighbors for the access they’ve been ‘borrowing.’
      38. Selling an e-book — You can write an e-book about almost anything and put it up for sale online.
      39. Affiliate marketing — If you’re willing to market other companies’ products, you can earn a cut of the sales.
      40. Renting out your spare room — From looking for a long-term roommate to listing your guest room on couch surfing sites, that spare room can make you money.
      41. Offering handy man services — Handling small household tasks can provide you with plenty of work, although you’ll probably be expected to have your own tools.
      42. Teaching an online class — Share your expertise through a website, an online seminar or variety of other methods.
      43. Building furniture — For those with the skill to create handmade furniture, selling their creations is often just a matter of advertising.
      44. Providing personal chef services — Personal chefs prepare meals ahead of time for customers, leaving their customers with a full freezer and no mess.
      45. Event planning — From planning corporate events to bar mitzvahs, an event planning business can require plenty of work and offer plenty of pay.
      46. Installing home safety products — Particularly as Baby Boomers age, people able to install handrails and other home safety products are in demand.
      47. Altering / tailoring — If your sewing skills are up to par, altering garments is coming back as people try to stretch more wear out of their clothing.
      48. Offering in-home beauty services — Hair cuts, makeup and other beauty services that can be performed at home have a growing demand.
      49. Business coaching — Helping others to establish and develop their businesses can provide many opportunities to earn money.
      50. Writing resumes — Writing resumes can provide a reliable income, especially if you can put a polish on a client’s credentials.

      There are plenty of offers that claim to provide you with the opportunity to make thousands of dollars a week. Unfortunately, none of these businesses will provide that sort of income, but they aren’t scams either. They were chosen because they all require a minimum investment to get started — some require nothing more than a flyer advertising your business. Even better, if you do enjoy any of these businesses, there is a potential with most of them to continue to expand — perhaps even to the point of going full time.

      Advertising

      Featured photo credit: Omar Prestwich via unsplash.com

      Advertising

      Advertising

      Read Next