EXTRA CASH

Look no further than your home for an income boost

Our homes are usually the biggest investment we make during our lifetime. And while they generally fall quite firmly into the ‘expenses’ section of our budgets, they can also be a source of income. How? Read on...

RENT PART OF IT OUT

If you’re lucky enough to have a granny flat or a spare bedroom or two, look to rent the space out in any way that makes you comfortable. You could take in foreign exchange students, advertise for a flatmate or even set up a listing on Airbnb.

GET A MONEY BOX

It seems like such a simple thing to do, but if you put a money box somewhere visible in your living area, and make a point of dropping the coins from your purse into it every day, you’ll be surprised how quickly the total adds up. Plus, with fewer coins at hand, having to break a note or pull out your credit card for a purchase might just make you think twice about that second cup of cafe coffee.

SET UP A SIDE HUSTLE

Get serious about your passions to turn them into profits, whether it’s buying and selling vintage fashion, taking in ironing or making homewares to sell on an online marketplace such as Gumtree, ebay or etsy.

GRAB A PEN AND PAPER

Work through the full details of all your loyalty cards and programs while you’re lounging on the couch one Friday night. There are so many ways to save, from cheap concert tickets and banking dollars for your Christmas shopping to being able to turn points into vouchers. Watch your savings climb!