Places to Find Extra Money at Home

Money/Finances - Personal Finance
By: nwgirl    
04-Jun-2011

Introduction:A recent article in the news said that many Americans would not be able to come up with $2000 if they needed to. If you don't have that money in the bank, chances are you don't have it buried in your yard or stashed under your mattress either, but you might have more money around the house than you think.

  • 01

    Vehicles, Boats, Bikes

    If you have any extra vehicles, boats or bikes in your garage or driveway, consider selling them to generate some fast cash. If they're not working, get them fixed, sell them as is or part them out.

  • 02

    Old Savings Accounts or Savings Bonds

    Do you have any abandoned savings accounts or long-forgotten savings bonds tucked away? Check the savings bonds to see if their earning potential is maximized and cash them out if it is. Draw from or cash out the savings account or start depositing more money into it to increase your rainy day fund.

  • 03

    Extra Change

    If you keep your extra change in a jar, take a night off to roll it and you'll probably have an extra $75 to $100 depending on the size of your jar and whether or not anyone in your family skims it for quarters.

  • 04

    Junk In Your Garage

    Some garage junk is just junk, but some of it is good junk that is worth some money. Toss the real junk and either have a garage sale or set up a table at a local swap meet to make extra cash with all of your good junk.

  • 05

    Weather-Proof Your Home

    Weather-proofing your home helps you reduce heating and cooling costs over a long period of time, saving more of your money for you. Replace missing or damaged weather stripping and caulk gaps around doors, windows and the foundation.




Final Thoughts

Another way to "find" extra money at home is to decrease the outflow of money on things like magazine and newspaper subscriptions, unused gym memberships and phone apps that have monthly charges. Canceling these repetitive costs will leave more money in your pocket every month.




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