23 Ways To Save For The Holidays

 

 

The holidays, or Christmas, is coming up quick, and with that will be some hefty bills if you do not plan accordingly.

Here are some ways to save money quickly for the holidays!

 

SAVE FOR HOLIDAYS

Save Money

  • Make a budget. Start by deciding how much you think you can afford to spend, and work from there. Make a list of the people you need to buy for, and establish a value within the budget.

 

  • Change banking institutions or change banking plans: do you really need the premium plan with free everything? When was the last time you used any of the specialties they charge you for? Consider downgrading your plan and bank the savings for the holidays (pun intended!).

 

  • Do you have a credit card that offers cash back, or cash refunds for particular stores? In Canada, our credit card hacking is more difficult, but some stores that offer credit cards for use anywhere and give you a percentage back to spend at their stores are Canadian Tire, Walmart, Costco, etc. Others offer reward options that you can redeem for gift cards. Gift cards make great gifts, or you can use them like cash at those stores.

 

  • Do a luxury audit. Do you watch TV or movie channels during the fall/winter, or are you too busy at work? Do you use the cross-border or international calling on your cell phones? Do you need all the gigs of internet you are paying for? Can you cut back on a service or two for a few months (or for good!)? Bank those savings for the holidays.

 

  • Make your gifts this year. Think about an assortment of baking goods, gifts in a jar, an event in a bowl (like popcorn, drinks, chocolate, and a small gift card for the movies or a movie network), or other creative ideas instead of spending big bucks on something that the stores would overcharge for.

 

  • Double up on your gifts: make a donation and gift the donation to your recipient. Calendars for charities are popular – it’s an inexpensive gift that donates to charity and still provides something for the recipient to open and look at throughout the year.

 

  • Have a few challenge weeks leading up to the month you need the savings for: Meatless Monday, Soda-free week, bring your own coffee to work week, bring your own lunch to work week, etc. Make it a game and set aside the extra grocery savings.

Make Money

  • Do you have an extra room in your house? The next few holidays are centred around family (Thanksgiving, Christmas, Hanukah, etc). Consider listing a room in your house as an AirBnB rental. If you are planning to be away for a week or more in the upcoming months, you could also rent out your home to a family on AirBnB. With the right insurances in place, you could earn more than your Christmas budget.

 

  • Drive for Uber or Lyft. You can make up your own shifts (choose times that are safer for driving strangers, if you are concerned), and make a few bucks while carting others around.

 

  • Sell old and unwanted items around your house. Electronics that no longer have a place in your life might be welcome in someone else’s (think replaced cell phones, iPods, etc.). Do you have clothes that you no longer wear and could be sold? Bridesmaid dresses can often be repurposed into Christmas party gowns, prom dresses, convocation parties, etc.

 

  • Watch for great sales or clearance at your stores. Check places like eBay, Craigslist, and Kijiji for current values, and try selling them online. (Check the return policy in case they don’t sell, or repurpose into a gift!)

 

  • Sign up for survey sites, like Survey Junkie, Swagbucks or PanelApp. You can earn cash from some, and others you can earn Amazon dollars. With just a few hours a week, you’d be surprised how much you could earn.

 

  •  Write a book and self-publish. By using Kindle publishing, you can have your work of art online and selling within 72 hours. Choose a niche that is popular and write. Fiction may take you a little longer than non-fiction, but it may sell better.  Want to learn more about self-publishing? Read this.
Here are some of the books I’ve published on Kindle:

MLM & Network Marketing: 30 Days of Tips, Tricks and Hacks, How To Grow Your Brand

MLM & Network Marketing Book 2: 30 MORE Days of Tips, Tricks and Hacks on How To Build Your Brand

Love Reconstructed: Love in Pine Meadows

If I can do it, so can you!

 

  • Direct Sales. Sign up for a company like Avon, Arbonne, Scentsy, Pink Zebra, Thirty-One Gifts, Stella and Dot, J.R. Watkins, Melaluca, etc. Many of these companies do not require a kit for start up, and if you are thinking about gift giving, that means others are as well. Why not be their source for gifts? The days of signing up your families to sell, or being designated sales areas are virtually over, and you can sell anywhere to anyone.

 

  • Get a part-time job. Now is the time that stores are looking for seasonal help. Some stores will work with your schedule without complaint, and the added perk is a discount for most stores you work for! Make money and pay less for the items you buy. Win win!

 

  • Sign up for a service on demand site, like Fiverr or Upwork. Do you have special media skills, design or editing prowess? People are always looking for affordable matches to help them out.

 

  • Become a freelance writer. More and more content will be consumed with advertising and discussion of the best of the best this holiday season. Seek out advertisements online, like ProBlogger, to see who needs writing assistance.

 

  • Start picking up odd jobs. Call friends who have businesses, and ask them if they need an assistant for a day or two. Offer to babysit (for money), walk the neighbour’s dog, and housesit for the snowbirds (people who go somewhere warm for the winter). Think like a teenager who needs cash: all the little jobs are still out there, and waiting for you to ask to do them!

 

No-Spend Ideas

  • Offer to provide a service for your time: babysitting, cleaning, or something else that the recipient could use. Oftentimes, the idea of a “coupon” is deemed as cheap, but sometimes a gift of time or doing something for the recipient is priceless. A single mom would love a couple hours to herself, a senior would appreciate a couple hours of cleaning (moving furniture for a vacuum for example), or a friend who is tight on cash would appreciate an indoor spa day at your house, or dinner made for them.

 

  • Consider making a date of it instead. If you regularly go for manis or pedis, consider making a deal with a friend that you two will go together and spend the day/afternoon together instead of spending money on each other. Memories are more special than things.

 

  • Regift. I know this option has an “icky feeling” attached, however if you have something that you do not use or like, and and it’s brand new, why let it sit and be wasted? So long as the giftee was not the one who gifted it to you, no one is the wiser, you have not spent any money and cleared out some space in your house, and they are happy.

 

  • Give with love: do you have coveted items in your home that you no longer care for? Example: My mother-in-law has a beautiful Christmas tree with all glass ornaments that I drool over every year. If she decides she doesn’t want those ornaments anymore, I would appreciate that gift so much more than anything store bought.

 

  • Check the free section of your local classifieds, Craigslist, Kijiji, etc., for re-givable gifts. Sometimes people just give perfectly good things away because they are moving, don’t have the time to sell it, or simply can’t be bothered.

 

There’s Still Time

I hope some of these ideas come in handy for you, especially since the holiday season can creep up on us really quickly! Good luck, and remember to stay on budget.

 

 

Do you need a few extra dollars each month? Try a direct sales avenue, like Avon, Mary Kay or hundreds of others. Learn where to start with my MLM & Networking books, now available on Amazon

make money with direct sales affiliate income passive income

 

 

 

This post may contain affiliate links, meaning, at no additional cost to you, I may earn a small commission if you choose to purchase through these links. Please see my disclosure for more information. Amazon Affiliate Disclosure: I am a participant in the Amazon Associates Program, an affiliate advertising program designed to provide a means for me to earn fees by providing links to Amazon.ca and affiliated sites. 

How To Make Money with Passive Income and Virtual Services

How To Make Money with
Passive Income and Virtual Services

 

So you want to make some more money? Who doesn’t? Some of the most popular ways to make money these days is freelancing, virtual services and passive income.

Freelancing can be in many different forms: writing, social media, artistic design, etc. The hustle I chose to explore was Virtual Assistant, personal blogging and passive income.

Now, as you may know, I have many years of experience in working in offices, and for lawyers, so I am very familiar with administrative work. However, that’s not all the parts of a VA.

Make Money Online the Easy Way

Becoming a Virtual Assistant

 

In order to learn more, I signed up for Kayla Sloan’s TenK VA course, where she shows you the ropes of how to build a virtual assistant business, like she did, and how to earn $10,000 a month.  If you want to do the same, you can sign up here

Some of the ways you can be a VA are:

  • Blog management
  • Social media management
  • Data entry
  • General Administrative tasks
  • Bookkeeping
  • Translation and transcription

And there’s a million other tasks that people need and want.

Kayla also gives you contracts and other documents you will need when working for yourself.

In just over 6 months, I have been a research assistant, a blog manager, a social media designer and manager using Pinterest and Tailwind, data entry clerk, freelance writer and a few other tasks. I’ve been able to find enough part time work to make $500-$1,000 a month so far, and that’s with a full-time traditional job. 

I’ve found clients by becoming a member of the Canadian Association of Virtual Assistants and through Kayla’s wonderful program (she has a closed Facebook group just for sharing her job resources and referrals), as well as through networking with other personal finance bloggers.

Passive Income through Affiliates

 

Maybe you don’t have enough time to freelance, or you aren’t interested in the hustle of finding clients to do a lot of the piece work, and that’s ok, too. Have you discovered Passive Income?  

Since you are on my blog, you know I enjoy writing. While I can tell you it’s hard work, and a fun creative outlet, it’s not an instant money-maker.

If you want to blog, I recommend reading this post about Siteground. 

If you choose to monetize your blog, the easiest way is through affiliate income, and I recommend Michelle Schroeder-Gardner’s Making Sense of Affiliate Marketing course, which teaches you how to find affiliate partnerships and build your income.  Michelle Schroeder-Gardner makes over $100,000 a month in affiliate income. Yes, a month! 

Passive Income Without Blogging

 

But don’t stop there! Passive income is also a genuine way to build income. If you want to make money while you are sleeping, eating, vacationing, etc., then there’s one more course I’d recommend. Michelle Jackson’s Quit Your Clients is about replacing piece work (or not getting into it at all) with passive income, using channels you already have. She offers to work one-on-one with people during their course, and you can find more information here

If you’ve been following my Side Hustle Showdown close ups, you are familiar with different ways to make money outside of a traditional employment. One of the featured methods was Kindle Publishing, and Michelle Jackson has mastered this hustle. She’s earned over $1,000 in two months with two self-published novels. Interested? Learn more here with her course on how to write for self-publication and to earn money passively.

side gig summit how to earn money through side gigs virtual assistant affiliate income

Finally, if you are still looking for that passion project, I recommend watching the Side Gig Summit (Aug. 24 – Sept. 4). [If you’ve missed it, there’s an option to sign up for replays.] The Side Gig Summit explores all kinds of side hustles. I speak about property management, and there are 24 other speakers who share their stories. You can sign up here.   

I am sure there is something here that will spike your interest, and I want to hear all about it. Comment below or reach me here and let me know how it’s going!

Is there a side hustle you want to hear more about? Let’s talk!

 

 

Do you need a few extra dollars each month? Try a direct sales avenue, like Avon, Mary Kay or hundreds of others. Learn where to start with my MLM & Networking books, now available on Amazon

make money with direct sales affiliate income passive income

 

This post may contain affiliate links, meaning, at no additional cost to you, I may earn a small commission if you choose to purchase through these links. Please see my disclosure for more information. Amazon Affiliate Disclosure: I am a participant in the Amazon Associates Program, an affiliate advertising program designed to provide a means for me to earn fees by providing links to Amazon.ca and affiliated sites. 

The Importance of Side Hustles, Multiple Streams of Income and Money

The Importance of Side Hustles, Multiple Streams of Income and Money

SIDE HUSTLES

Money… Love… Health… Family

What are the important things in life? Money, love, health and family, not necessarily in that order.

We could write about love and relationships but I think the lessons in relationships are more subjective to each person as opposed to finance (while still subjective, but more generalized).

We could write about health, but again, the question is how subjective is health to each person?

Families come in all different shapes and sizes, and some people find that an interesting topic, but for me, the lessons that I have learned and need to learn the most are in finance.

If we write about love, then we have to writeabout the reality of love. When half of all married relationships end in divorce, do we write about things that will keep our relationship alive? Or do we write about the fluffy stuff, like dinners out, romantic gestures, or the asinine things that our partner did last week?

My Only Relationship Advice

I don’t have a lot of advice on relationships, other than one discussion I remember having with a younger co-worker of mine. She was just stressed about the attitude and intentions of young men her age when and while she was looking for a meaningful relationship. Her words were all men are a-holes. I agreed with her – all men are a-holes. All women are b!tch3s. This is true. However, one day you will find a man who is less of an a-hole and he will find you less of a b!tch than others, and the two of you will be compatible.

Maybe it wasn’t the right choice of words, but it’s true and it’s the best relationship advice I can give. Men will be men, women will be women, and relationships are based on mutual respect and gratitude. At the end of the day, we are all much the same.

My Family Life

I can’t write about family because I have an untraditional one. We are considered dinks: dual income, no kids. Our children come in the form of our pets, who mean just as much to us as if they were our real flesh and blood. I could write about that, and I am sure that would resonate with a number of people, but having a blog about family usually indicates children of the human kind. And for that reason, I did not feel that that was my niche.

Not the Epitome of Health

I could write about health; after all, with the invention of the internet, everyone is a doctor, right? There are many, many websites purporting to be the newest and best thing when it comes to health. Nearly everything that we have ever been taught has been retracted and redacted, from the food pyramid to the authenticity of the Atkins diet. I also do not feel like an expert on anything health related, as I am not the epitome of health.

Honest Money Discussions

Discussing money comes easily to me, although not that long ago I was completely naïve in all aspects of handling money. Even though I have worked in the real estate and finance industry for more than 20 years, I personally did not know how to manage my own money. The reason why I created this blog was to dive into the topics of money, and learn along the way. Being that I am in my mid-to-late thirties (shhhh), I assume that it would be fair to say that I am not the only one struggling to find my way.

They say you should write about what you know, and I know real estate and finance for other people. I also know, now, about saving, investing, and side hustles. I was the victim of too many whims of employers who wanted to change their office or their financial structure of the office, and found myself without an income. This engrained fear of traditional employment is what brought me here today.

Safety Nets

If there was nothing else that I have learned through blogging was that a safety net comes in two forms.

Your first safety net is referred to as your emergency fund. For some, that might be the baby step of Dave Ramsey’s, being $1,000 held in an account in case of emergency. For others, that can mean 3-6 months’ worth of income stashed in a cash account. For others again, some people believe in life prepping by holding onto cash. I can’t say that any one of these are right or wrong, but for me, I always found myself challenged to have enough of an emergency fund and without enough funds to wager against traditional employer whims.

The second safety net is about multiple streams of income. If your first stream of income (traditional employment) was to dry up tomorrow, would you still have money coming in? I wanted that answer to be yes. I wanted to share these options with everyone. When you have a side income that is not reliant upon one employer, you have a little bit more control. If your side hustle manages to bring in a decent amount of money, then you have the security that, in the event that traditional employment fails, you will still be able to make ends meet. It will also reduce your stress levels because you are no longer solely dependent on that traditional employment. Some people will call it an “F U” fund, but I like to call it a Get Out of Jail Free card.

Together, these two safety nets will help you meet your goals, and keep you safe in nearly any economy.

FREE Side Gig Summit

I enjoy writing about finance because I can teach people about real estate. There are so many aspects of real estate, from owning your own personal home as an investment for the future, to managing multiple properties. I am actually going to be featured in a Side Gig Summit where I discuss what it takes to be a property manager. You can choose to own rental properties or you can choose to manage rental properties, and both can create a significant income for you if done properly. I would love for you to join us at the free Side Gig Summit by going here.

As a side note, this Side Gig Summit features all kinds of side hustles or side jobs that you can do outside of your traditional employment. It is not unheard of to create full time self-employment out of side hustles. Never discount the saying that necessity is the mother of invention!

 

 

End Results

I plan to continue to try different side hustles and feature them here, but I do encourage you to to check out the Summit because, while we all may not have a traditional family, loving relationships, or a stellar health history, we all must have money to live.

 

Do you sell products from another company? Want to make more money? Read MLM & Networking for the most actionable tips in building your business. 

mlm

 

 

This post may contain affiliate links, meaning, at no additional cost to you, I may earn a small commission if you choose to purchase through these links. Please see my disclosure for more information. Amazon Affiliate Disclosure: I am a participant in the Amazon Associates Program, an affiliate advertising program designed to provide a means for me to earn fees by providing links to Amazon.ca and affiliated sites.