With tax season at hand, everyone is looking for ways to keep a little extra money in their pockets. Here are some great ways to get more cash and make it last:
- Tax breaks are a good way to bring in extra cash and there are a lot of them if you’re able to provide the right paperwork. Need uniforms for work? They could be a tax write off. The same goes for donating clothes to good will and moving expenses. It may be too late to cash in on some of these this year, but start saving important tax documents now and you could see a lot more money next year. Want more tax breaks? Check out this site.
- Learning to make beauty products can be very inexpensive and gives you a lot of creative freedom. You could tailor your products to work best for your particular skin and hair needs and best of all, you know exactly what went into them. No more long ingredients list of odd chemicals you’ve never heard of. Don’t know where to start? Here are some great DIY hair recipes.
- Maybe you don’t feel like always making your own products. You could also try stretching the ones you have. Add a little water to your shampoo when it starts to get low. It will still provide plenty of suds, and could save you lots of money over time. I also add cheap olive oil to my lotion, but if you prefer to go oil free, you could try using water instead, being careful not to make it too runny. This works best with products that are thick.
- Another great way to make some extra cash is by throwing “donation” parties. Maybe you’re trying to save up for a house or a car. Enlist friends to help by throwing a party and charging a small fee at the door. For refreshments, you could choose a meal that’s cheap to make in bulk, like spaghetti or pizza. Kool-Aid and water could be the main drinks. Spice it up by making your own punch mixture. You could also ask your friends to bring cheap snacks like chips and popcorn. Invite enough people and the party will more than pay for itself.
- For those with kids, at Christmas time and birthdays, check out discount stores. Mix expensive gifts with “stocking stuffers” to fill up under the tree. Five Below is a great place for finding good cheap gifts. In the past, I have snagged headphones, a remote controlled car, and art supply kits, each for $5 or less.
- You could take number 5 to the next level by shopping at discount stores all year round. There are many great retailers that sell discounted name brand clothes, shoes and bags, like Burlington Coat Factory, Marshalls, and Ross. I have found many great deals on names like Betsy Johnson, Marc New York, and Calvin Klein. Dress in style without the hefty price tag.
- Carpool to work with friends. You’re both heading to the same place and as a courtesy, you could offer them a little something toward gas so they don’t feel abused.
- Maybe you don’t know anyone with a car or you want to save on gas money, try taking a bus or train to work. It could cut down on expenses if you buy a monthly pass. I take the subway home from work for $2 a trip and bypass all of the annoying rush hour traffic. Not a fan of crowds? Zone out with a music playlist or good book and the ride will be over before you know it.
- Learn how to make and fix your own clothes. In the past, when I’ve gotten a rip or tear, I threw the garment away, but one day I decided to get a cheap sewing kit from RiteAid. It has helped add to the life of my work uniforms and favorite items I can’t part with. Last winter I also crocheted my own hat and scarf that everyone has complimented me on. You could learn a new skill with possible earning potential if you have the talent.
- If you feel uncomfortable asking friends and family for money, try asking them for odd jobs instead. An agreement could be made beforehand for the fee of service and both parties could save money. This could work for moving, babysitting, yard and housework. Charge less than a professional as an enticement, but still leave with a nice bit of extra cash.
Have any more ideas I didn’t list? Tell us about them. We love receiving feedback. Thanks for reading!