It’s no secret that the best way to get ahead in life is by making and saving more money. But sometimes, it can be tough to figure out how to do that. If you’re looking for ways to make and save more money, you’ve come to the right place! In this post, we’ll teach you everything you need to know about side hustles and frugal living hacks. We’ll show you how to make and save money in ways that are both fun and fulfilling. So what are you waiting for? Read on!
Start a side hustle to make more money
1. What is a side hustle and why should you start one?
A side hustle is a great way to make some extra money. There are plenty of ways to get started, and you can find something that fits your skills and interests. For example, you could become an Instacart shopper or start a blog with Bluehost. Or, you could visit websites like Hire My Mom to find flexible and well-paying freelance work. Whatever you choose to do, a side hustle can help you boost your income and give you the financial flexibility you need. So why not give it a try? You might be surprised at how much you can earn.
2. How can you find the right side hustle for you?
There are a few different ways you can go about finding the right side hustle for you. Think about what you enjoy doing – as the saying goes: “Do what you love and you’ll never work a day in your life.”
There are many ways to make money online, but one option that is growing in popularity is to open a Shopify store. Shopify provides everything you need to get started selling products online, and there are no upfront costs or monthly fees. You can sell physical goods, digital products, or even offer services such as freelance work or consulting.
Another option is to offer freelance services on Fiverr. Fiverr is a great platform for finding clients for your services, and it’s easy to get started. There are many potential customers out there who are looking for someone with your skills and talents.
You can also set up a blog and monetize it with ads or affiliate links. If you’re interested in making money from blogging, one of the first things you need to do is choose a web host. There are a variety of options out there, but one of the most popular options is Bluehost because it’s extremely affordable and easy to use. Here is an in-depth article on how to set up your blog. If you’re willing to put in the work, it’s certainly possible to make money from blogging.
Whichever route you decide to go, make sure you put some thought into it and choose something that you’re passionate about. Otherwise, you’ll quickly get burned out and give up on your side hustle altogether. Take some time to explore your options and find something that really clicks for you. With a little effort, you can find the perfect side hustle to help you make some extra money.
4. How do you make time for a side hustle when you already have a full-time job?
I believe that whatever you put your energy, focus and attention into grows and expands. So if you want to create more time in your day, invest some of your time into creating that space. It may sound counterintuitive, but it’s true. By investing a little bit of time each day into creating more time, you’ll find that you gradually have more and more time to devote to your side hustle. Here are a few ways to get started:
1. Wake up earlier: Getting up even 30 minutes earlier each day can give you some extra time to work on your side hustle.
2. Use your lunch break: If you have an hour for lunch, use 20-30 minutes of that time to work on your side hustle.
3. Work after dinner: After you’ve put the kids to bed, take advantage of the quiet house and spend some time working on your side hustle.
4. Stay up later: If you’re a night owl, use that extra energy to work on your side hustle instead of watching TV or browsing the internet.
5. Get up early on weekends: Don’t sleep in every weekend! Use some of that extra time to work on your side hustle and make progress towards your goals.
Making time for a side hustle when you already have a full-time job can be challenging, but it’s not impossible. By getting creative with how you use your time, you can make it work. So don’t be discouraged – get started today!
5. What are the benefits of having a side hustle?
A side hustle is a great way to make some extra money, but it can also offer other benefits. For example, it can provide you with financial freedom and lifestyle flexibility. It can also be a great way to meet new people and network. And if you’re good at it, you could even turn your side hustle into a full-time business and quit your 9-5 job.
There are a number of ways to get started, such as starting your own blog or freelancing on sites like Fiverr or becoming an Instacart shopper.
Or you could start an ecommerce business using platforms like Shopify, selling digital or physical products.
Ultimately, the best side hustle is one that you’re passionate about and that allows you to use your skills and talents to make a bit of extra money. So whatever you’re interested in, there’s likely a side hustle that’s perfect for you.
6. How can you make your side hustle successful?
Anyone who has ever dreamed of financial freedom knows that a successful side hustle is one of the keys to achieving their goals. But what does it take to make a side hustle successful?
The answer may surprise you: it’s not about working harder, it’s about working smarter. That’s why the most important habit for anyone serious about making their side hustle a success is consistency. And the best way to develop this habit is by following the advice of James Clear in his book, Atomic Habits.
By consistently applying the principles in this book, such as building your habit stack consistently, you will develop the habits that are essential for success in any endeavor. So if you’re ready to make your side hustle successful, realize that small, consistent effort translates to big success.
Making Money In the Gig Economy – Best Businesses and Apps to Sign Up For
1. Become an Instacart Shopper
When it comes to side hustles, there are few opportunities as flexible and rewarding as becoming an Instacart shopper. As an Instacart shopper, you can set your own hours and work as little or as much as you want. You’ll also get to meet new people and help them get their groceries delivered quickly and easily. Plus, you’ll earn money for every order you complete. If you’re looking for a side hustle that is both flexible and rewarding, look no further than Instacart.
2. Sell Amazon products using Jungle Scout
You’ve probably heard of Jungle Scout, the tool that helps you find products to sell on Amazon. But did you know that you can also use Jungle Scout to sell products on Amazon? That’s right – with Jungle Scout’s help, you can find products that are in high demand and then list them on Amazon for a profit. Best of all, you can do this side hustle from the comfort of your own home.
3. Rent out storage space in your house using Neighbor – this can help offset the cost of your mortgage or rent
Looking for a way to offset the cost of your mortgage or rent? Why not start by renting out the storage space in your house that you’re not using? Neighbor is a great way to do just that. With Neighbor Storage, you can list any unused space in your house – from a spare bedroom to a garage – and start earning money from it. Basically, it’s like the AirBnb of self-storage. Not only will this help you save on your housing costs, but it can also be a great way to meet new people and build community. So why not give it a try? You might be surprised at just how much you can earn.
Learn how to save money on groceries and other household expenses
1. Compare prices at different stores before you buy anything
If you’re looking to save money on your next purchase, it’s important to compare prices at different stores before you buy anything. By taking the time to do a little research, you can often find the same item for a lower price at another store. So, before you make your next purchase, be sure to compare prices at different stores to get the best deal.
2. Use coupons and rebates to get discounts on your groceries
There are plenty of ways to save money on groceries, and one of the best is to use coupons and rebates. Quick Rewards, InboxDollars, MyPoints, and Shopper’s Voice are all great websites that offer discounts, gift cards, and other rewards on grocery and other essential items. Tada and Ysense are also great apps that offer cash back and rewards. Simply download the app, select the grocery store you’re shopping at, and start earning cash back on your purchase. With a little effort, you can easily find discounts of 10% or more on your groceries. So start couponing and rebate today and start saving money on your groceries!
3. Plan your meals ahead of time and make a grocery list based on what you need
If you’re like me, you sometimes find yourself standing in front of the fridge or pantry, trying to figure out what to make for dinner. And if you’re really like me, you sometimes end up ordering takeout because you can’t make a decision.
Meal planning can help alleviate this problem by taking the guesswork out of dinner time. Walmart free grocery delivery and Prime Now Grocery Delivery are two great options that can help you get the ingredients you need without having to step foot in a grocery store. Simply choose your recipes, add the ingredients to your cart, and voila! Your groceries will be delivered right to your doorstep. No more last-minute decisions or wasted money on fast food. So go ahead and plan your meals ahead of time – your taste buds will thank you.
Find creative ways to reduce your monthly bills
1. Lower your water consumption by taking shorter showers and installing low-flow showerheads
Every drop of water counts, which is why it’s important to lower your water consumption wherever you can. One easy way to do this is by taking shorter showers. You can also install low-flow showerheads, which use less water than traditional showerheads. Additionally, remember to turn the faucet off while brushing your teeth or shaving. Little changes like these can add up to big savings over time.
2. Install a programmable thermostat to save on energy costs
If you’re like most people, you’re always looking for ways to save money. And one of the best ways to do that is to install a programmable thermostat. A programmable thermostat can save you up to 30% on your energy costs, and that’s money that can go right back into your pocket.
With a programmable thermostat, you can set the temperature for when you’re home and when you’re away, and you can also set it to turn off when you’re not using it. That way, you’re not wasting energy when you don’t need it. And since most people are away from home during the day, a programmable thermostat can really help you save money on your energy bill.
3. Hang your clothes out to dry instead of using the dryer
There are so many benefits to hanging your clothes out to dry instead of using the dryer. For one, it’s better for the environment. Dryers use a lot of energy, which can add up over time and contribute to climate change. But hanging your clothes out to dry doesn’t use any energy at all! And if you line dry your clothes, they’ll last longer too. Dryers can be really tough on fabric, causing it to wear out over time. But hanging your clothes out to dry is much gentler on them, so they’ll stay looking newer for longer.
Hanging your clothes out to dry is also a great way to save money. Energy bills can be expensive, so anything you can do to lower your usage will help. And if you’re line drying your clothes, you won’t have to worry about shrinkage either. So next time you need to do laundry, think about hanging your clothes out to dry instead of using the dryer. It’s better for the environment, better for your clothes, and better for your wallet!
4. Unplug electronics when they’re not in use to avoid phantom power consumption
Every day, we use a variety of electronic devices, from phones and laptops to coffee makers and TVs. While these devices make our lives more convenient, they also come with a hidden cost: phantom power consumption. Phantom power is the electricity that devices draw even when they’re turned off. This can account for up to 10% of your total energy usage, and it can add up to a significant amount of money over time. One way to reduce your phantom power consumption is to unplug electronics when they’re not in use. This simple step can help you save money and reduce your environmental impact. So next time you’re finished using your laptop for the day, remember to unplug it from the outlet. Your wallet and the planet will thank you.
5. Wash your clothes in cold water whenever possible
If you’re like most people, you probably wash your clothes in hot water without giving it a second thought. After all, hot water is more effective at removing dirt and stains, right? Well, as it turns out, cold water can actually be just as effective – and it’s better for both your clothes and the environment. When you wash your clothes in cold water, you not only save energy and money, but you also help to protect delicate fabrics from shrinkage and fading. So next time you do laundry, try washing your clothes in cold water – your wardrobe and your wallet will thank you!
Invest in yourself by taking courses and learning new skills
1. Why it’s important to invest in yourself
Education is one of the most important investments you can make in yourself and your career. It can help you acquire the knowledge and skills you need to succeed in the workforce, and it can also give you the opportunity to advance in your chosen field.
There are many different types of education programs available, from traditional colleges and universities to online courses and certificate programs. No matter what type of program you choose, investing in your education can pay off in the form of higher earnings, greater job security, and a more fulfilling career.
2. How to find the right courses for you
There are plenty of great places to learn new skills that can help you grow your side hustle and side income.
Real Estate Express is a great place to start if you’re interested in the real estate industry.
Fiverr courses are amazing for learning practical skills that can add up to significant cash, and they don’t charge a subscription fee.
Coursera has thousands of courses where you can earn certificates that can help you in the marketplace, and even college degrees.
No matter what skills you’re looking to learn, there’s likely a resource out there that can help you get started. So get learning, and start growing your side hustle today!
3. Ways to stay motivated when learning new things
When it comes to learning new things, it’s all too easy to lose motivation halfway through. Whether you’re trying to learn a new skill or simply expand your knowledge, here are a few ways to stay motivated:
1. Set realistic goals for yourself. Trying to take on too much at once can be overwhelming and lead to burnout. Break down your goal into smaller, more manageable pieces and celebrate each accomplishment along the way.
2. Find an accountability partner. Having someone to learn with can not only make the process more enjoyable, but it can also help keep you accountable.
3. Variety is the key. Mix up your routine to keep things interesting. If you’re always studying in the same place, try studying in a different location from time to time. Or, if you’re finding that a course or topic is no longer keeping your attention, try listening to podcasts or watching videos on another topic instead.
By following these tips, you’ll be sure to stay motivated throughout your learning journey!
Get creative with your finances and find new ways to make money work for you
1. Make use of technology to keep track of your tax deductions
Take advantage of apps and websites that can help you keep track of your tax deductions, file your taxes (sometimes for free), and make the most of your earnings. And when tax time comes around, you’ll be prepared and organized, making the process as stress-free as possible. So don’t hesitate to put technology to work for you when it comes to your finances.
2. Talk to a financial advisor about what strategies might work best for you – they can provide expert advice on everything from retirement planning to debt management
There are a number of online resources that can help you get started on your financial planning journey.
One such resource is Fortunately, which offers a wide range of articles on topics such as retirement planning, debt management, and investment strategies.
Another great resource is Yieldstreet, which provides access to a team of financial advisors who can offer expert advice on everything from budgeting to saving for retirement. No matter what your financial goals may be, talking to a financial advisor is a great way to get started on the path to financial success.
Pay off your loans by consolidating debt or tapping into home equity with a HELOC
If you’re struggling to keep up with multiple loan payments, you may be considering consolidation or a home equity line of credit (HELOC). Both options can help you save money on interest and reduce your monthly payments. Here’s a closer look at how each option works:
With consolidation, you take out one new loan to pay off multiple existing loans. This can help you simplify your finances and save money on interest. You may also be able to get a lower interest rate if you have good credit. One downside of consolidation is that it can take longer to pay off your debt.
With a HELOC, you borrow against the equity in your home and use the funds to pay off your debts. This option can give you access to lower interest rates and tax-deductible interest. However, it’s important to remember that a HELOC is a secured loan, meaning your home is used as collateral. If you can’t make your payments, you could lose your home.
Read here to find out Everything You Need to Know about HELOCs
Both consolidation and a HELOC can help you get out of debt faster and save money on interest. Be sure to talk to a financial advisor to find out which option is right for you.
The benefits of lower interest loans for paying down credit card debit and other bad debt
There are a few different types of loans that can be helpful when you’re trying to pay down credit card debt or other bad debt.
Elevate Funding, Personal Loans, and Bad Credit Loans offer loans that can give you the breathing room you need to get your finances back on track.
CashAdvance.com and Elevate Funding offer personal loans with low interest rates that can also help you pay off your debt more quickly. Whichever type of loan you choose, make sure you do your research and compare rates before taking out any loans.
Paying down debt can be a difficult process, but with a little help from Personal Loans, Bad Credit Loans, CashAdvance.com, or Elevate Funding, you can get the debt relief you need and get back on solid financial footing.
So there you have it, the ultimate guide to side hustles and frugal living hacks. Side hustles have become a popular way to make extra money, and there are plenty of options to choose from. Whether you want to start a blog, open a Shopify store, or use cashback and rewards programs, there’s something for everyone. These tips will help get you started on the path to financial freedom. We hope that this article has given you some ideas on how to make more money and save more money. Thanks for reading!
Erika Finn, founder of Stacking Acorns, is an attorney who graduated from law school at University of California, Berkeley. She was a member and editor of the California Law Review and won the Prosser Prize for Legal Accounting. She holds a Master’s Degree from the University of Southern California (USC) and a Bachelor’s degree from Indiana University- Bloomington. Stacking Acorns is a personal finance website for women by women. We help mid-life women achieve financial freedom through real estate investing and other streams of passive income.