There’s a lot of advice out there on how to get out of debt and earn extra money. There’s also a lot of advice on how to save, how to budget, what to buy, and what not to buy; boring stuff we’ve heard a thousand times.
What I’ve noticed, is all of this advice relies on you making some sort of sacrifice, tightening your belt in some way. Where’s the fun in that?
What if we look at it differently, instead of looking at what we need to do less of, we look at what can we do more of?
What you can do
It’s time for something different, it’s time to think differently about how to get out of debt. We need to grow our income, not slash our spending.
How does it work?
The idea is simple; you sell what you don’t want or don’t need. This could range from precious valuables to the treadmill you haven’t touched in 4 years.
You can sell absolutely all sorts of things! Think furniture, appliances, books, old coin collections or even board games! On Gumtree you can even list services you can provide to other people, I hear if you’re particularly skilled at putting together Ikea furniture there is a bit of money to be made!
If you put in the effort you will see results
Remember to be clever! One man’s trash is another man’s treasure. Plenty of people leave unwanted furniture and items at the front of their homes, pick them up and sell them online. You could even go Op/Thrift Shopping and see if you can pick up anything especially cheap, and then sell it for more. Get creative.
This could be a great way to get out there and start earning money, and the best thing of all this solution means you don’t have to slash your budget!
Create an account, expand your horizons and start your empire!
It’s time to be proactive! If you’re sick of trying to find new ways to get out of debt, and want to get out there and really change something, give it a go! Your financial freedom may be a few clicks away.
A student at the University of Queensland, James is currently studying a degree of Commerce and Economics, majoring in Finance and Business and Industry. With a particular interest in the macroeconomic environment and international affairs, James seeks to use his knowledge of the financial industry and economics to provide practical advice on how to make everyday finances work.