Give Yourself A Raise: Here’s How

By BankBazaar | November 25, 2016

Give Yourself A Raise: Here's How

Introduction:

“It’s been so long

That I haven’t seen your face

I’m trying to be strong

But the strength I have is washing away!”

Has this become your favourite song lately? Do you miss getting a raise? Aah, we feel your pain. And like that best friend who helps you get over all your breakups, we are here to help you with some pointers that can help you make some extra money.

Additional Reading: 6 Lazy Habits To Build Your Savings

That doesn’t mean that you needn’t work hard to get a promotion. We’re just giving you new ways to make (more) money. Love the idea, don’t you? Without further ado, we present some great ways to give yourself that raise.

  • If you’re good at something, never do it for free!

It could be anything. Right from painting, cooking, baking – anything! You can turn your hobbies into a great way of making more money. There are two advantages. One, you get to make more money. And two, you get to do something you love! How cool is that? After a long day at work, we all think about doing something we love. But the problem? We’re so tired and lazy that it all just remains stuck in our heads. Nothing ever materialises. That’s where you need to bring a change. Sure you’ll have to work a bit extra, but you’re getting more money as well!

  • Do more, earn more!

The golden word you’re looking for is ‘freelancing’. If you think making money out of your hobbies is a bit too much, you could do something more professional. There are numerous websites that let you explore freelancing opportunities according to your job profile. You basically have to do the same things that you do at your usual day job. Added advantage? You get paid extra. Like we mentioned before, it could be a little too hectic. But, come on, it’s good money. Why would you give up that chance? The best part is that you don’t need to learn any new skills. Whatever your existing skill set is, you can look for options accordingly.

Additional Reading: 6 Smart Money Management Tips For First-Time Freelancers

  • For the love of driving!

Ever thought of becoming a part-time cab driver? We know what you’re thinking right now. ‘Why will I become a driver after getting all those prestigious degrees?’ Calm down, yo! In India, becoming a taxi driver might not be considered a great thing to do. But if you look at it the other way, you could make a lot of money. It’s all about how badly you want to increase that monthly salary figure. Okay, we get it. Driving around as a taxi driver is a big no-no for you. We have a backup plan. If you don’t want to drive one, you could rent one. Yes! You can do that and add some extra bucks to your monthly earnings. Quite a smart plan, isn’t it? You will thank us later.

 Additional Reading: Low-Interest Car Loans

Extra room? Rent it out, yo!

Do you have some extra, unoccupied space in your house? What are you waiting for? Just rent it out. You not only get some good company, you also get a chance to earn more. Go easy on the tenant hunting though. Take your time and get to know them before giving them a key to your house. You don’t want weirdos around who just make a mess everywhere. If you’re too sceptical about renting it out, alternatively you could look at other options like Airbnb It could be fun hosting people from different nations! It could enrich your experience and also your bank account. One stone, two birds!

  • Love pets? Foster some!

If you love having furry friends around, why not give pet fostering a chance? This is the most relaxed way of making money. You get to enjoy the company of some great creatures and also get paid for it. Life can’t get better than this, can it? If you already have pets, just ensure they’re okay with the presence of other furry ones around. Also, be sure that none of your family members or you are allergic to them. It will be a mess otherwise!

Additional Reading: 10 Financial Tips For Soon-To-Be Pet Parents

  • Ever considered teaching? Maybe you should.

If you love teaching, great! If you’ve never given it a thought, now is the time. Apart from getting to transfer some of your wisdom, you also get to earn extra bucks. Whatever you’re good at, you could use it to do something good to your bank account. No matter what the talent is. If you’re good at playing the guitar, gardening, cooking or even something more technical, go ahead and give teaching a shot. You might even get to learn a few new things in the process. Double benefits, right?

  • Pen is mightier than a sword (or a job in this case).

Want to make some extra bucks? Pick up a piece of paper and a pen (or a laptop) and just start writing. Who’ll pay you for writing? You could start a blog and start collaborating with brands once it starts getting popular. That sounds like a plan, doesn’t it? Even if you’re not a great writer, you could give it a shot. What’s the worst that could happen? Your blog might not work. But if it does, you could become popular and earn more as well. How cool is that?

Bonus Read: How To Maximise Your Take-Home Pay

All your prayers have been answered. You finally have a whole list of things that could help you earn much more than what you normally do. Extra money and a great chance to learn new stuff. Now that’s an offer you must take up. Stop waiting for that raise. Instead, give yourself one. You deserve it. Finally, remember that cashback Credit Cards are a great way to earn while you spend!

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