With the festive period fast approaching, many of us are starting to feel the monetary squeeze. Between buying presents, travelling for the holidays, and the general festive merriment, it can be difficult to stretch your funds. However, there are numerous ingenious strategies to generate extra income for Christmas to ensure a relaxed and pleasant holiday season.
Whether you’re searching for a part-time seasonal job or just need some additional funds to boost your bank balance, this list has got you covered. Here are some simple and smart ways to earn some extra cash during the holiday period.
1. OPEN A NEW CREDIT CARD OR BANK ACCOUNT
An effortless way to rake in some extra money could be opening a new credit card or bank account. Numerous banks and credit card providers offer signup bonuses to new customers, which can vary from $50 to over $500. Be sure to read and comprehend the fine print as well as the terms and conditions before going ahead. Some accounts may insist on a minimum deposit or necessitate a specific number of transactions to be eligible for the bonus.
Eligibility for credit cards that offer generous sign-on bonuses often requires a good credit score. Should you aim to earn a bonus for opening a new bank account, you’d likely need to arrange for direct deposits or transfer a particular amount of money into the account and maintain it there for a few months. However, this might be a nifty plan if you have an emergency fund available to secure the bank account bonus.
Even if you don’t receive the bonus money before the holidays, you can use it to reimburse yourself when it arrives post-festivities.
2. SELL UNWANTED ITEMS
A different simple strategy to generate extra cash for Christmas is to sell items you no longer require or desire. Sell your items online via platforms like eBay, Craigslist, or Facebook Marketplace, or arrange a yard sale. This double duty strategy not only helps to clear clutter but also brings in additional income. Begin by examining your home systematically room-by-room and gather items to sell. Consider posting your items on multiple platforms to reach a broader audience, or select the most suitable platform for your type of item. For instance, clothing and accessories would likely sell better on Poshmark than Offer Up.
Capitalize on the holiday season and sell decorations or items suitable for gifts such as electronics or collectibles. Never underestimate the worth of your used goods – you might be amazed at the income they could bring in!
3. REDEEM CREDIT CARD REWARDS
If you possess a credit card that accumulates reward points, think about redeeming them for some extra holiday spending money. Several credit card providers let you exchange your points for cash, which can be used for whatever you wish. Just remember to check the redemption options, any associated fees, and restrictions instructions.
4. TAKE UP A SEASONAL WAREHOUSE JOB
Several retailers and shipping firms take on additional staff during the festive period to manage demand. Think about applying for a seasonal position at warehouses or delivery centres. These jobs usually pay by the hour, and you might even manage to rack up overtime for some extra income. Moreover, you might secure discounts on holiday gifts to save on your own shopping.
Companies like Amazon, FedEx, and UPS are continually in need of extra support. Amazon offers part-time, four-hour shifts which can be selected based on your availability. Some companies also offer sign-on bonuses and weekly pay. It’s important to note that temporary jobs can potentially lead to permanent opportunities.
5. DELIVER FOOD OR PACKAGES
A fantastic method for earning extra money for Christmas is working as a delivery driver. With the surge of food delivery apps like Uber Eats, Grubhub, and DoorDash, there are several opportunities to earn money delivering food. Amazon Flex, which delivers packages to customers’ doors, is also an option to consider.
These apps provide flexibility in terms of hours and usually pay between $15 to $20 per hour. However, remember to account for expenses such as gas and vehicle maintenance.
6. USE REWARD APPS AND TAKE SURVEYS
Another achievable way to collect extra cash is through reward apps and surveys. There are myriad apps and websites available that pay for shopping, viewing videos, surveys, etc. Swagbucks, InboxDollars, and Rakuten are some popular options. Be mindful to verify payout minimums and any charges before signing up.
7. SELL GOODS ON AMAZON
Finally, should you wish to sell items, consider Amazon’s trade-in program to earn extra money for Christmas. Items like books, electronics, and DVDs can be exchanged for Amazon gift cards.
Simply submit the item’s details and its condition. Amazon will provide a quote and arrange free shipping for the item. As long as the item passes the check, you’ll receive an Amazon gift card based on the quoted amount, handy for purchasing holiday gifts.
IN CONCLUSION:
The holiday season can be fraught, however, it need not be. Utilizing these ingenious methods to earn extra cash for Christmas can relieve much of the financial pressure resulting in a stress-free holiday season. Whether you decide to sell items online, secure a part-time job, or utilize cash back rewards, there are countless options available. Happy holidays!
