As the festive season draws nearer, the financial pressure is felt by many. The cost of buying presents, going on holidays and celebratory events can be a burden. However, with creative ways available for earning extra money, you don’t have to stress during this Christmas.
Whether you are in search of a part-time holiday job or just some surplus cash to boost your bank account, we’ve got a list of solutions for you. Here are some recommendations for simple and ingenious ways to earn that extra dollar during the festive period.
1. SIGN UP FOR A NEW CREDIT CARD OR BANK ACCOUNT
An effortless way to make extra money is by opening a new credit card or bank account. Many financial institutions provide incentives for new customers, which can range between $50 to $500 or possibly even more. Just make sure you are familiar with the terms and conditions before registering. There may be conditions like maintaining a minimum balance or transacting a certain number of times to qualify for the bonus.
Good credit is needed to qualify for credit card offers with substantial sign-up bonuses. If you wish to seize the rewards of opening a new bank account, be prepared to set up direct deposits or deposit a particular amount of money and keep it there for several months. Utilising your emergency fund for the bank account bonus could work in this situation. Even if the bonus doesn’t arrive before Christmas, you can always use that money to pay yourself back after the holidays.
2. SELL UNWANTED ITEMS
Another simple way to earn some extra cash is by selling items you no longer need. Online platforms like eBay, Craigslist, or Facebook Marketplace are great places to sell your items, or you could host a garage sale. This is not just a way to make money, but also a great method for decluttering your home.
You could also leverage the holiday season to sell items that could make excellent gifts like decorations, electronics or collector’s items. Your old belongings could lead you to earn a surprising extra amount of cash!
3. REDEEM YOUR CREDIT CARD REWARDS
Consider redeeming the rewards points earned on your credit card for additional spending cash. A lot of credit card providers let you trade your points for cash back. Remember to double-check the redemption options and any potential restrictions that apply.
4. TAKE UP A SEASONAL WAREHOUSE JOB
Several retailers, shipping companies hire additional help during the festive period to manage the increased demand. Apply for a seasonal job at a warehouse or a fulfillment center. These jobs offer hourly pay, and you might be able to work for extra hours, to earn more. Plus, some of these jobs offer discounts on holiday gifts.
Companies like Amazon, FedEx, and UPS are constantly on the lookout for extra holiday help. They offer convenient part-time shifts, generous sign-on bonuses and weekly payment schedules. These temporary jobs might even lead to long-term work.
5. BECOME A DELIVERY PERSON
A prime approach for earning extra cash for Christmas is by becoming a delivery driver. With food delivery services such as Uber Eats, Grubhub and DoorDash being popular, you can earn money if you have a vehicle. Amazon Flex also offers delivery jobs where you deliver packages.
These services offer flexibility in choosing your work hours and typically, you can earn around $15 to $20 per hour. However, remember you’ll have to cover your vehicle’s gas or maintenance expenses.
6. USE REWARDS APPS AND TAKE ONLINE SURVEYS
If you want an easy way to make some extra cash, think about using rewards apps or take online surveys. Apps and websites like Swagbucks, InboxDollars, and Rakuten pay you to shop, watch videos, or take surveys.
7. TRADE-IN YOUR ITEMS ON AMAZON
A final recommendation if you have items to sell would be Amazon’s trade-in program. You can exchange items like books, electronics, DVDs for Amazon gift cards. Enter the item details, describe its condition, and Amazon will give you a quote. If all the details check out, you’ll receive an Amazon gift card of the quoted value, which will be useful while holiday shopping.
CONCLUSION
The holiday season may be nerve-wracking, but with these innovative ways to earn extra cash for Christmas, you can reduce the financial stress and enjoy a more relaxed festive season. Whether you decide to sell your items online, find a seasonal job, or utilise cash back rewards, there are plenty of options out there. Happy holidays!
