7 Ways To Dump Debt Faster!

7 Ways To Dump Debt Faster!

[cs_content][cs_section parallax=”false” style=”margin: 0px;padding: 25px 0px 0px;”][cs_row inner_container=”true” marginless_columns=”false” style=”margin: 0px auto;padding: 0px;”][cs_column fade=”false” fade_animation=”in” fade_animation_offset=”45px” fade_duration=”750″ type=”1/1″ class=”cs-ta-center” style=”padding: 0px;”][cs_text class=”cs-ta-left”]Many of my clients get a little frustrated at the timeline it may take them to pay off just one $6500 credit card balance and many have more than one balance to crush.[/cs_text][x_columnize]

A $6500 card balance with a 12.99% interest and a minimum monthly payment of $171, will take you a whopping 50 months to pay off…

BUT earn an extra $400 a month and slam it on that same card and cut that timeline down to only 13 month!!!

[/x_columnize][cs_text class=”cs-ta-left”]There are many ways today to earn extra cash each month that could help you dump your debt quicker.

Here’s a few to consider:[/cs_text][/cs_column][/cs_row][/cs_section][cs_section parallax=”false” style=”margin: 0px;padding: 5px 0px 45px;”][cs_row inner_container=”true” marginless_columns=”false” style=”margin: 0px auto;padding: 0px;”][cs_column fade=”false” fade_animation=”in” fade_animation_offset=”45px” fade_duration=”750″ type=”1/1″ style=”padding: 0px;”][x_custom_headline level=”h2″ looks_like=”h3″ accent=”true”]#1) FREELANCING [/x_custom_headline][cs_text]Sites like Fiverr, Freelance, Elance, and Flexjob.com make it quite easy today to earn money while you are at home.

If you have a skill you will probably be able to find multiple job posting enlisting your help!

I have clients who have taken their writing, editing, designing skills and earned extra dollars each month by grabbing short task assignments that they can do after their ‘day job’ or as stay at home parent. Being someone Virtual Assistant part time could lob an extra $800-1000 onto your debt![/cs_text][x_custom_headline level=”h2″ looks_like=”h3″ accent=”true” class=”cs-ta-left”]#2) TURN YOUR HOBBY INTO CASH[/x_custom_headline][cs_text]Whether you are great at painting, taking photos or just searching for bargains at yard sales, you can turn those hobbies into some cash!

Sites like EBAY, ETSY, Craigslist and the various Facebook Yard Sale sites, allow you to post your latest treasure for cash.

Whether it’s a handmade item or a underpriced treasure you were able to pick up at this weekends yard sales, turn those things into some money.

Do you have used books you can sell? Clothes? Crafts?

Take an hour or two every day and start selling some stuff! See what impact you can have on crushing the debt snowball![/cs_text][x_custom_headline level=”h2″ looks_like=”h3″ accent=”true”]#3) HOME PARTY BUSINESS[/x_custom_headline][cs_text]I’m not a fan of the MLM environment, because so many require that you put up a big investment to ‘qualify yourself’ and you must continually purchase inventory to stay ‘active’.
I’ve seen people that sign up go upside down on their budgets fast.

I have however seen much success with direct selling home party/catalog businesses such as ThirtyOne, Tastefully Simple, Premier Jewelry, Avon, MaryKay, Orgami Owl, PureRomance and many more that seem to cater to women.

I have clients that use their ‘social’ outlet as a means to bring in an extra $200-2000 month with just working 4-6 parties a month.

The beauty of this is YOU call the shots on your schedule and work your ‘party’ life around your ‘family life’.

Be cautious and do your due diligence on your up front costs and the added costs of website hosting, catalog orders, etc, but know you can make some decent money for hanging out with other women and their friends.

Companies are paying commissions anywhere between 25-50% on your party sales.

Most pay out twice a month, some even allow you to take your commissions out when you are placing your order so no waiting to get paid. And if you rank, maybe even a free vacation that won’t touch your budget at all![/cs_text][x_custom_headline level=”h2″ looks_like=”h3″ accent=”true” class=”cs-ta-left”]#4) UBER[/x_custom_headline][cs_text]Today’s new opportunity to drive and earn just got a whole lot better with the success of UBER.

Pizza delivery is not the only way to go. Many people are signing up and working just a few hours a week as an UBER driver and earning some extra bank!

BE cautious around the auto liability that comes from rail hailing. Most personal insurance companies are NOT on board with this.

While companies like UBER, are offering secondary coverage to your own policy if you are ‘signed in or traveling with a passenger,” those limits vary and your primary insurance carrier may not cover you for this business opportunity.

Do your homework first![/cs_text][x_custom_headline level=”h2″ looks_like=”h3″ accent=”true”]#5) TUTOR OR TEACH LESSONS[/x_custom_headline][cs_text]Is math a second language to you?

Are you a fantastic photographer, cook?

Are you wanting to put those years of guitar lessons to work for you?

Consider teaching an Adult Ed class, tutoring a child, sharing your musical talents into wages.

Again, using sites like Craigslist you can gain clients without a brick and mortar shop and with a free listing offering your services.[/cs_text][x_custom_headline level=”h2″ looks_like=”h3″ accent=”true” class=”cs-ta-left”]#6) BABYSIT/NANNY[/x_custom_headline][cs_text]Many families need help with their kids.

Singles might be working more than one job, or going to school in the evening or on the weekend.

Many couples you know, may need a weekly ‘date night’. Offering your services could be earn some extra money.

I enlisted the help of Sittercity.com when I was looking for a sitter and afternoon help to run my kids in opposite directions.

It’s an easy way for people to find you and for you to advertise your available.

That and just plain getting the word out to your friends and acquaintances on Facebook could bring in some extra bank each week.[/cs_text][x_line style=”border-top-width: 1px;”][cs_text]

#7) Remember having a PLAN is the most important thing

If you don’t tell those extra dollars where to go, you will be denying the purpose of the added efforts and work.

Want to shorten your timeline to being DEBT FREE? [x_callout title=”Contact Me Now” message=”I offer a free 30 minute consultation. Let’s talk…” type=”center” button_text=”You can schedule it here” circle=”true” button_icon=”lightbulb-o” href=”https://michellejacobik.com/book-appointment/” href_title=”” target=””]

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Michelle Jacobik

Expert in Money, Business & Finance #1 Best Selling Author & Speaker

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