Very few of us feel like we have enough money, and don’t you just wish sometimes there was a way to get easy money? But wishing for more money doesn’t work, side hustles take time to grow, and we can’t just walk in and demand a higher paycheck. But there is a way to get more money fast!
Related Posts: 9 Helpful Financial Tips For The Shrewd Homesteader and How To Have a Monthly Budget With An Irregular Income
The Foolproof Way To Easy Money
Are you ready for the big secret? Here it is…..spend less.
Now, you’re probably feeling jipped, maybe annoyed, or a bit cynical. “Yeah, right, should have seen that coming.”
But let’s break down the numbers here. Let’s say you work 40 hours a week at $10 an hour. Not a ton of money. Your pre-tax income is $400 week.
But what you bring home each week is going to be significantly smaller than that.
If you’re lucky enough to have pre-tax deductions such as a 401k or a HSA subtract that amount from that total amount.
Now everything that’s left over has taxes taken out of it. If you’re making $400 a week, at the very least, you are paying 5-6 percent of every dollar you earn to Social Security and Medicare.
This means every hour that you work you don’t actually earn $10, but closer $9.50. And you probably pay federal, state, and local taxes TOO.
Then add in the time and money it takes to get to and from work, the clothes you need for work, the money you might spend because you don’t have time to cook or do your yard work yourself, and suddenly, that number per hour starts looking pretty tiny.
How on earth does this help you get fast money? Well, let’s think of each hour of work as an hour of your life. That $10 per hour represents how much that tiny sliver of your life is worth. Now think about all the things you spend money on.
Is another online video subscription worth over 2 hours of your life every month? How about that fast food? How many hours of your life are you willing to pay for a new pair of shoes?
If you’re looking for easy money, take a look around your house. Chances are you already have everything you need RIGHT HERE. There is most likely a closet bursting with clothes and shoes that you don’t wear. A pantry with half eaten packages of food you forgot about. A garage of tools for fixing all the things around the house we’re too tired to deal with.
Shop your own home next time you need some fast cash. Maybe instead of heading to the grocery store, finish off a bag of pinto beans and rice and make burritos for a dirt cheap dinner. (You probably have some salsa sitting in the fridge to go with it.)
Need an outfit for a special event? Dig way back deep into your closet and you more than likely have something that is more than suitable.
Setting up a home office, baby room, or rearranging your living room? Look in your other rooms for furniture that you can move around, repurpose, and use in a new way.
Every dollar you DON’T spend is easy money. That’s money you already worked hard to get. It’s YOUR money that you already have paid your taxes on. That’s money that makes you richer without you having to do a thing.
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