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!


Reduce Home Ownership Cost!

How Can You Reduce Your Home Ownership Cost?

Reduce Home Ownership Cost!
Reduce Home Ownership Cost!

Owning a home is rewarding but it can also be costly at times. You have to be able to keep up with air conditioner repairs, appliances breaking down, and pipes that can sometimes burst. The Bureau of Labor Statistic reported that an average homeowner paid $4,808 in mortgage principal and interest in 2013.

The good news is that home ownership costs aren’t fixed and we have a few tips that might help you.

  1. Buy a Smart Thermostat

    In Florida AC is not a luxury, is a necessity. Sometimes it gets so warm outside it is easy to feel discomfort when all you think of is cooling off. In order to help you reduce your AC cost, try a smart thermostat. It can adjust to your household routines, temperature preferences, external weather conditions, and can even track your location.

    Why is this useful? 
    With a thermostat this sophisticated you can divide your days into blocks and set desire temperatures for each. For example, you can adjust your settings to a higher temperature while you’re at work and lower them when you return from work automatically. A smart thermostat can trim cooling cost by 15%.

 

  1. Switch to low flow fixtures

    Although water is not as expensive as electricity, saving water can save you money. Low-flow faucets reduce tap water usage by up to 30%. Low-flow toilets can save a family of four around $110 a year depending on home size.

 

  1. Insulate Hot Water Pipes

    According to the Department of Energy, insulating your hot water pipes can reduce your electricity or gas bill by $12 annually. Insulating your hot water pipes is inexpensive—especially if you have duct tape at home.

 

  1. Unplug Idle Electronics

    Every time you leave your TV, cable boxes, computers and other small electronics plugged you drain power and drive up your electricity bill. There are devices that can help you power off devices without having to unplug them. Such as the Bits Energy Smart Strip, this can cost up to $40 and help you reduce your light bill on a monthly basis.

These tips will not save you thousands of dollars in home ownership cost. However, it can save you a few hundreds and every little bit helps.


Simple Budget

How to Create a Simple Budget?

Budgeting at BSCU
Learn how to budget your expenses!

To spend wisely is to live more comfortably. Yes, we get it, you hate the word “budget” it is scary and at the same time overwhelming . The thought of quitting some of your spending can seem unimaginable. But, fear not, budgeting allows you to see where your money goes. Leaving you with the option to treat yourself once in while without feeling overwhelmed by debt.

How should you start?

  1. Calculate your income and your expenses
    The first step is simple. Write down how much you make along with some prioritized spending categories. Include your rent or mortgage, utilities,  food, automobile expenses, and insurance.TIP: Make sure you budget for fun. You should not spend $200 every Saturday night, but you can leave $150 aside to have some fun during the week. This way you can continue to enjoy your fancy coffee and your brunch with friends.
  2. Set realistic goals for your budget: If you want to go on a trip to visit family during the holidays, do not wait to start saving. Create a separate Wish Account to prepare you for your vacation. This will allow you to have some self control.  It will stop you from spending money on petty items and you might be able to enjoy your vacation without worrying about the bills that await home.
  3. Track your progress: Creating a budget is only helpful if you can commit to it. Tracking your monthly, weekly, and daily spending will allow you evaluate and reflect on your progress. Remember your spending may fluctuate according to the month and that’s Okay. Just be diligent and discipline the majority of your time.

There is no science behind budgeting, the trick is to spend less than what you make. Come on members! Have discipline, be conscious of your spending, and save money.

Good Luck!