As the holiday period approaches, many of us start to feel the financial pinch. Between purchasing gifts, holiday travels, and partaking in festive activities, staying financially balanced becomes a challenge. However, there are numerous smart strategies for earning some extra cash for Christmas, ensuring that you have a relaxed and enjoyable festive season.
If you’re on the hunt for a temporary gig or just need to top up your bank balance, the following list offers simple yet effective ways to generate additional income during this season.
1. SIGN UP FOR A NEW CREDIT CARD OR BANK ACCOUNT
One effortless way to earn some quick cash is by opening a new credit card or bank account. Several banks and credit card companies provide new customers with sign-up incentives, which could range from $50 to $500 or even more. Make sure to fully comprehend the terms and conditions before signing up as some accounts might necessitate a minimum deposit or a specific number of transactions for bonus eligibility.
You need good credit to qualify for cards offering lucrative bonuses. If a bank account bonus is what you’re aiming for, you might have to arrange a direct deposit or make a particular initial deposit and leave it there for a while.
Even if the bonus doesn’t arrive before Christmas, you can utilize the bonus as reimbursement whenever it comes through post-holidays.
2. SELL UNWANTED ITEMS
An alternative method for generating extra cash for Christmas is by selling items you no longer use. Platforms like eBay, Craigslist, or Facebook Marketplace can be used to sell these items online or you could even host a garage sale. This also helps declutter your home while making extra cash simultaneously.
Take advantage of the holiday season by selling decorations or items that could be ideal gifts such as electronics or collectibles. Old items might fetch more value than you imagine!
3. REDEEM CREDIT CARD REWARDS
If your credit card generates rewards points, converting them into extra spending money could be a great option. Some card issuers allow points to be redeemed for cash back, which can be spent as you choose.
Using a card like the Citi Double Cash Card for cash back rewards can significantly offset holiday expenses.
4. TAKE UP A TEMPORARY WAREHOUSE JOB
Numerous retailers and shipping firms hire additional help during the holidays to manage demand. Consider applying for a temporary position at a warehouse or a fulfillment center. These jobs usually pay by the hour and may even offer overtime work for extra income.
Companies such as Amazon, FedEx, and UPS are always hiring. Amazon, for example, provides flexible part-time shifts convenient for your schedule.
5. START WORKING AS A DELIVERY DRIVER
Becoming a delivery driver can also help you earn extra money for Christmas. With the popularity of delivery services like Uber Eats, Grubhub, and DoorDash, delivering food could become a profitable venture. You could also consider becoming a courier for companies like Amazon Flex.
One downside could be the cost of petrol and vehicle upkeep. Nevertheless, these apps offer weekly pay and let you keep all your tips.
6. USE REWARD APPS AND PARTICIPATE IN SURVEYS
If you’re looking for an easy way to make additional income, consider using reward apps and taking online surveys. Websites and mobile apps like Swagbucks, InboxDollars, and Rakuten will pay you for shopping, watching videos, taking surveys, and more.
7. TRADE ITEMS ON AMAZON
Lastly, consider trading in items on Amazon’s platform to raise money for Christmas. You can trade all sorts of items, from books to electronics and DVDs, for Amazon gift cards.
Going through this process is simple. Just provide details about the item, indicate its condition, and Amazon will generate a quote. Once the quote is accepted, you can send the item for free.
Overall, although the holiday season can lead to financial stress, there are numerous intelligent methods to make extra money for Christmas. Whether you decide to sell items online, pick up temporary jobs, or make use of cash-back rewards, there are plenty of choices available. Enjoy your stress-free festive season!
