3 Simple Ways to Earn a Little Extra

 

Sometimes your full-time jobs are not enough to pay the bills, save, and have fun. Sometimes a paycheck is only enough to make ends meet.  Sure, you can always get another part-time job or look for higher paying job. However, when you have conflicting schedules and a family having an extra job isn’t so easy.

What are some ways to earn a little extra cash and keep enjoying your free time?

  1. Pet Sitting There are many websites where you can sign up to be a pet sitter. Yes, a pet sitter. Not only do you get to enjoy the company of cute fluffy creatures, you also get to spend some time in the sun. If you do this, plan accordingly. For example, if sign up to pet sit on a Sunday you’ll have company to watch the game and exercise early in the morning. TIP: Pet sitting is in high demand in South Florida. Take some time to look into it.
  1. Clean your home, and sell your unwanted items online: If you have unused –or gently used items– try selling them. Liberating yourself from all that clutter, will feel very rewarding. Remember, one man’s trash is another’s treasure.
  1. Participate in surveys or focus groups: Some marketers and research firms offer cash for participating in focus groups. This is not a lot of money, but $10 to answer 10 questions online buys you lunch.

If you ever find yourself in need of a little bit of cash, consider these methods.

Enjoy!


pay off your high debt

How Can You Pay Off Your High Debt?

pay off your high debt
A Balance Transfer can help you pay off your high credit card debt

High debt can make you feel stressed, worried, and a little discouraged. Just remember, where there is a will, there is a way to pay. One of our goals as a credit union is to help you become financially stable. Take a deep breath, create a timeline and think how you can reduce your spending.

Then use some of the following tips as a guidance to help you pay off your high debt.

  1. Get rid of high rate credit cards first
    What does this mean?
    Your credit card interest rate vary between financial institutions. Allowing your spending to increase unconsciously. For example let’s pretend you spend $450 in credit card A with a 29.99% interest rate; and you spend $475 with a 12% interest rate in credit card B. In time, the $450 spent in credit card A may become more expensive due to its higher interest rate. You must avoid falling into this trick.
    First, go over all your credit card statements and create a list starting with your highest interest cards and ending with your lowest. By increasing the payment on your highest interest cards you are saving money and avoiding high interest charges.
    TIP: Remember to continue paying the minimum amount due on the rest of your credit cards.

 

  1. Take advantage of Balance Transfer Promotions.
    If you have high interest rates on another credit cards think about moving your debt to your BrightStar Credit Card—especially during our Balance Transfer Promotion period. Keep in mind you must be strict with your payments in order to take advantage of the promotional rate before it expires.

 

  1. Stop spending so much on your credit cards.
    If you’re trying to pay off your high debt, credit cards are NOT your best friend. Remove all credit cards from your wallet, and start budgeting your expenses with cash. Don’t worry, this change is only temporary, only while you get more financially stable.

 

  1. Put work bonuses, or other incentives toward debt.
    We get it! Taking that work bonus and using it on a nice vacation is tempting. However, sometimes we need to put temptation aside and start thinking of our financial future. If you receive a bonus for a good sale, holiday, or other use it to pay off your debt. Your wallet will thank you later.

 

  1. Sell unwanted items online.
    A good way to make some extra cash is to clean your house from unwanted items. Sell those old presents collecting dust and start fattening up your wallet. After all, one man’s trash is another’s treasure.

 

High debt should not affect your well-being. Go on, change your habits, make some smart choices, and reward yourself in the future.

You can do it!


Credit card shopping can be fun.

How to Shop Wisely During the Holidays?

Credit card shopping can be fun.
Shop wisely, save money, and treat yourself!

No matter your discipline, the holiday season is always the season of spending. You probably have trips scheduled with your family, fancy dinners to prepare for, new outfits to get, and of course, some presents to get.

So, how can you spend more wisely?

  1. Create a list: This might seem a little silly, but a simple list can go a long way. Write the names of everyone you’re planning on getting presents for and how much you will spend on each of them. Collect and take advantage of coupons, sales, and time. Try not to leave your holiday shopping for last minute, the earlier you go, the more sale items you will find.
  2. Keep in mind your Cash Reward Cards: If you’re purchasing gifts with a credit card you have to keep your rates and rewards in mind. Some cards will allow you to have a little extra spending with all the benefits they provide. Some cards will make you go over budget with all their high rates. You must be careful!
  3. Buy gift cards: Some people find gift cards a bit cold and impersonal. However, gift cards are ideal to save money and to give people the choice of buying exactly what they want.
  4. Save for the big gifts: If you’re planning on getting a 65” flat screen for your significant other, save money ahead of time. You can start by putting $20 aside every 2 weeks on a separate account, so by the time you find something you like, you won’t overspend.

Remember, your spending does not have to become a headache. So, enjoy the holidays with your family and feel thankful.


Security Alert

5 Ways to Shop Safely Online

BSCU offers identity theft protection
Protect Yourself From Identity Theft!

The modern way to shop requires computers, tablets, and phones. We no longer make long lines at the store, or wait for a customer service representative to help us. Technology allows us to shop for our favorite items at the comfort of our  home. In addition, we can choose to have an online chat with a representative if we need help. But, it is not all fun and games in the online world. With the expansion of the online world came a different kind of danger. A danger that can seriously affect our financial life, this is called identity theft.

The following tips can help your shop safely online.

  1. Look for a lock padlock: A secure online shop can be difficult to find, you need to pay attention. Secure sites contain a secure sockets layer (SSL), which is an installed encryption that allows you to shop safely online. This appears as a locked padlock placed at the bottom of your web browser, or next to the URL in the address bar. Try to shop on sites with a secure ‘lock’ only.
    TIP: Never give your credit card number through an email address.
  2. Protect your PC: Hackers don’t just sit and wait around. They use phishing emails, impersonate your social media friends, and send viruses to scan your computer. In order to prevent this, you should always keep your computer protected with an antivirus and pop-up blocker. Avoid clicking on anything that may look suspicious, such as emails directly asking for your personal information.
  3. Check your statements: Be careful and check your statements constantly. Do not just wait for your bill at the end of the month to check your expenses. If you see any unusual activity in your  call your financial institution and to help you fix the problem.
  4. Avoid public computers and Wi-Fi: Public computers and Wi-Fi are great if you are reading a book or gossiping on social media. However, shopping online is risky on public outlets. It makes it easier for hackers to steal your private information and go on a shopping spree with your money. Have patience, wait until you’re home or a friend’s house to start shopping.

Take advantage of these tips and shop safely online this holiday season. Good luck!