Cash for Christmas

Posted on 12th Nov 2024 by CarTakeBack Posted in: Just For Fun

Ideas for making extra cash this Christmas

Christmas is coming! While most of us look forward to the festive season, in whatever form it comes, money is usually tight at this time of year and it’s hard not to feel stressed at the thought of covering those Christmas costs. Making a few dollars on the side over the next few weeks will help take a little pressure off those festive finances… We’re here to help.

Here’s a little list of extra earners you can do from the comfort of your own home!

Making cash for ChristmasSelling your old stuff

You never know when your old ‘junk’ could actually be someone else’s treasure/Christmas gift! Have a thorough search through your home and consider everything – clothes, furniture, jewellery, collections, sporting memorabilia, toys, tools, games consoles, mobile phones… There’s probably a lot more than you think!

As well as sorting out what to sell, you can also make the most of your items by researching the best way to sell them. As well as eBay, look into specialist selling sites and you may well pick up extra dollars from reaching the right audience direct. There are specific companies interested in mobile phones, gold jewellery and music/gaming as well as a growing trend for vintage clothing. If it’s a larger item, be sure to make use of free, local platforms such as Facebook marketplace.

Cashing in your car

Well funnily enough this one is our favourite and the one we can really help you with!

Whether your car has come to the end of its days, or your travel methods have recently changed, there is still time to get rid of your old wheels and get paid before Christmas.

An instant quote will give you a guaranteed price, and you might also get a refund on the unused part of your motor vehicle tax (this will happen when you cancel your registration but you need to check in your state/territory for further information).

 

Selling yourself

Not in the literal sense of course! We’re referring to a skill that you might take for granted that could actually make you a little, or even a lot of money!

Maybe you are a dab hand at carving, drawing, pottery, jewellery making, baking – wrack those brains and fish out that tool – you could be making money from your hobby and selling the items you make online.

Your skill may be something that enables you to provide a service online – helping an individual or business with writing, graphic design, music composition, photography or any other special skill you may have to offer. You could use Facebook or other social media sites to spread word of your skills but one of the official sites we’ve seen recommended is Fiverr where you can post adverts for your particular skills.

Don’t forget other practical skills you may have to offer – gardening, dog walking or even present wrapping!

Earn while you shop

When cash-back schemes first started most of us were sceptical, but they continue to make people money and the rest of us are missing out! We recommend using sites that friends and family have already tried and making sure you withdraw the money from those accounts as soon as you can. People can ‘get back’ hundreds of dollars in a year… and let’s face it, a lot of that could be from Christmas shopping alone! Take a look at sites such as CashRewards or ShopBack and hopefully watch the money roll in!

The back of the sofa?!

It may sound insignificant, but you can have more loose cash stashed around the house than you’d think… Whether they are carefully collected in a piggy bank/swear jar (!) or they are dotted around the house depending on where they’ve been fished out of pockets and handbags. It can all mount up!

Why not do a coin sweep in the house, you could even get the kids to do it as a game. You may well find it adds up to a healthy sum. If there isn’t a big queue you could use it at a self-checkout, or take your haul to a bank for a deposit into your account.

While you are searching the house keep your eyes peeled for old bank notes and foreign money that could be swapped.  If you are exchanging current foreign currency back to AU Dollars to help out this Christmas, make sure you research the best exchange rates.

Sell your space

You don’t have to take on a lodger, if you’ve recently got rid of your own car, or you are lucky enough to have a spare parking space, driveway or garage, whatever your situation, space sells! There are plenty of online sites that will help you make money off your space from people that travel to your area.

Review your finances

It’s not exciting and it’s not strictly generating money, but it is saving it! Whether it’s getting round to cancelling memberships you’re not using or reducing your subscriptions, a family can save hundreds of dollars a year from a simple review of their finances. If you have the time to do it properly you can also make use of the comparison sites available and check that you couldn’t be reducing your bills. (Don’t forget our advice for saving money on your car insurance.)

Online surveys

Most people don’t mind filling in a quick survey if they get to share their opinion and/or perhaps improve their customer experience in the future… Did you know you can actually get paid for doing it! There are sites set up to help businesses with survey responses and by filling them out online you can earn cash or gift vouchers. Perfect for Christmas! There are so many sites that offer this opportunity but you can start your research with Octopus Group, Prize Rebel and Rewardia…

Hopefully that’s given you all some inspiration, you might even enjoy making some extra cash for Christmas!

Wishing all our blog readers as wonderful a festive season.

Please remember that all self-employed income should be declared to ATO.

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