Have more cash when you most want it

Reaching out for the hidden cash

13:48 16 September 2014

Who wouldn’t want to see more cash at their disposal as the month end looms near. Everyone would be pleased to get some more income. However, you do not have to struggle for a raise to attain more cash. In fact, the simple things you do determine a lot on how much extra cash you can have at your disposal. There is a lot of hidden money that you have not even given attention to, here are some tips to help you discover it.

 

To discover your extra income sources, you will have to make a budget to determine where your money goes. Record all the expenditures ranging from the daily newspaper you buy to the shopping you carry home. In fact you will be shocked to realise where your cash “gets lost” to. 

 

Then do your calculations and assess yourself. Do you really need that chocolate bar, that magazine, that heavy tip to a waiter? So forth and so forth. Cancel out all the things that you think are not necessary and you can do without. You can carry your lunch to office instead of buying or you can carry coffee instead of taking one at the coffee shop. See how much money you will save by cutting off these expenses.

 

Similarly, go through all your stuff at home. There are so many things lying there idle and you rarely or never use them. Search from the wardrobe to the kitchen and gather all the stuff that you no longer use. Go to sites like eBay and post these items on sale. You will get people who definitely need them and you can make a fortune from these stuffs. 

 

You can still generate more cash but cutting down the level of entertainment money you spend. How about having two bottles of alcohol instead of five? How about doing away with alcohol at all! That will be double benefit; you improve your health and at the same time get extra cash that you can invest in something worthy.