Christmas can easily mount up to be one of the most expensive times of year, with extensive lists of presents to buy, as well as the festive supermarket shop. This period can cause a lot of stress and sleepless nights with research (Money Advice Trust) showing that nearly 37% of households are having to put Christmas presents on credit.
So, if you don’t want to be paying for Christmas into the New Year, here are three ways to boost your festive fund.
Sell your unwanted items
Before you start taking on all the extra work shifts going, you should consider a less stressful way of getting some additional cash, such as selling your unwanted belongings. There are of course sites like eBay and Gumtree, as well as the good old-fashioned car boot sale. If you have any unwanted gold jewellery lying around, you can use this gold calculator from H&T to see how much it’s worth.
Cash in on your skillset
Everybody has their own specialism, so why not use this to your advantage and cash in on it in your spare time? If you’re musical and are a dab hand at piano, you could take up teaching. As well as refining your own skillset, you can spread your love of music while boosting your income.
If you’re a particularly creative person, you could sell your homemade arts and crafts on platforms like Etsy. Just be sure that your employment contract allows you to take on more work, and make sure to check whether you’re liable for additional tax!
Make use of cashback incentives
Banks are continuously offering new incentives to gain new customers, one of which is to offer a certain percent cashback on purchases. They might even offer a lump sum for switching to them. Do your research and use a comparison site like Moneysupermarket.com to find the best reward and cashback current accounts.