While I haven’t always been the shining example of saving money, I have recently started getting my budget under control to saving up a bit for some nicer things that I have wanted for a while. The first thing in particular that I would like to get for myself is the Louis Vuitton Neverfull, as I mentioned before. These are some of the tips that I have to help you gather the extra cash to invest/put into a savings account/afford anything.
In this post, I’m going to cover tips on how to come up with more money than you’re making already so that you can hit your savings goals faster and be able to afford anything that you’re saving for. My previous post will show you how to save the money you’re already making.
- Sell what you don’t use or love. Depending on what you have (and your personality) this could be easy or not. If you have any higher-value pieces that aren’t getting enough love, this is a great option.
- Find another source of income. This might be more difficult, and it will depend on a lot of factors like your schedule, abilities, time and patience, but it can be the most profitable in the long run.
If it’s realistic, ask for a raise at work. This could be a good option for someone that works hard and does a good job. Your boss might be willing to negotiate a raise, and this will continue with you long term.
If you have the time and it fits within your schedule, pick up a second job. Depending on what you’re saving for and how badly you’re willing to work for it, this could be the fastest way to make the money.
If you’re willing to put in the time and effort, try selling something you make. Local craft fairs, boutiques or Etsy are all good options.
If you’re not really into making things but are still creative, try starting a blog or YouTube channel. You’ll need plenty of patience, it takes time to see the money here, but it’s a great way to share your hobby and get paid for it.
- Consider buying preloved. Depending on the bag (or other items) you want, you could save hundreds of dollars. There are lots of reputable websites and consignment stores that you can use to make this type of purchase if you’re not confident looking on Craigslist. No, it may not have quite the same thrill as buying brand new. Many places will have all the original extras to make a preloved purchase just as exciting, though.
Good luck saving for whatever your next big purchase will be. I’m halfway to my newest bag and even closer if I do choose the preloved route! What are your best tips for saving money? Leave them in the comments or tag me on social media!
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