As you know, today is the first day of Spring and if you have had a winter like I have, you couldn’t be more excited. With the change of seasons and the beginning of warmer and longer days, there is no better time than right now to do a little spring cleaning and make yourself a little extra dough in the process. Below are some great examples of how you can spring clean your way to extra money:
- Literally spring clean – By spring cleaning your house and organizing your closets, you are sure to find many items that you are no longer using – items that you can sell. If you have just a bunch of odds and ends, have a garage sale or two in order to get rid of your treasures. If you have more expensive items, list them on eBay or Craigslist. Either way, stop holding onto items that you are no longer using and let your “trash” be someone else’s “treasure”.
- Spring clean your expenses – This is a great time of year to spring clean your expenses. Look at your budget and reduce every item that you can. And never be afraid to shop around or ask for a discount. The worst thing that will happen is that they will say no, but you won’t know until you ask. I recently reduced my monthly expenses by $60 just by making 2 phone calls and receiving loyalty discounts.
- Check your taxes – We are only a few weeks away from April 15th and many of you are receiving or have already received tax refunds. A tax refund is simply your money that the government has been holding for you. Stop letting them keep your money and start taking your money home with you every month. For example, if you received a refund of $2500, you overpaid $200 a month to the government that you could have brought home. Use the withholding calculator on the IRS website to determine what your true deduction should be, adjust your W-4 with your employer accordingly and start keeping your money.
- Learn to enjoy free – During the winter it is harder to find inexpensive or free things to do with your spouse or your kids. But now is a great time to begin to take advantage of the weather – whether it is going to the park, bicycling, having a picnic, or any of the other great things that the outside offers. Spending money isn’t the only way to enjoy life and this time of year is the best time of year for that.
These are just a few of the many ways that you can make a little extra money this spring. I hope you find these suggestions helpful and I hope everyone has a happy first day of Spring!