The holiday season is fast-approaching and you’re strapped for cash. While retail chains are hiring big-time at this time of year, you might not feel like the retail world is right for you. So what can you do to keep yourself from breaking your budget during this time of year?
Here are three ways you can make extra money during the holiday season to keep your bank account in the positives and your credit card debt low.
Run errands for friends or parents in your neighborhood
Ride-sharing may be one of the most talked-about ways to make money. But with 6 million car accidents happening on U.S. roads every year, ride-sharing may not be in your best interest during the holiday season.
Instead of driving folks around town, consider running errands for them instead. You can market yourself to overworked parents or friends who have a lot of holiday shopping to do but no time to do it themselves. You can offer your services on the weekend or whenever you’re free.
Babysit multiple kids at once
It’s tricky for parents to do their holiday shopping when they don’t have someone to watch their kids. Between now and January 1, consider offering a parent’s night out babysitting extravaganza.
Instead of babysitting one or two kids, you can babysit for the parents of 10 to 15 kids with the help of an additional adult or two. You can charge approximately $15 per child so the parents can get a deal on babysitting while you make a larger amount of money in just a few hours.
Sell your DIY projects
Many people love handmade holiday crafts and decor, but they might not feel confident to make them themselves. That’s where you come in. If you’re crafty and have the time, consider making a side craft business during the holiday season.
You can sell products in person by hosting a tiny craft fair or selling your crafts from your home. Or you can sell your crafts online from websites like Etsy.
It’s all too easy to fall into financial traps during the holiday season. In fact, the average person will go $1,054 into debt during the holidays. But you don’t need to make your credit score suffer to make the holidays happen.
By following the tips above, you can make some extra money during the holiday season so you can worry less about your bank account and focus more on spreading joy.