What area will you focus on to earn a little extra this month?

Finding a little extra cash each month can really start to add up to a decent amount of money over time and can also be a bit of a mood booster too.

There are many ways that you can do it, whether it’s leaning on your current skillset or looking around your environment to see what you may be able to get rid of, the list is long with various options.

Most of us have busy lives though so it can feel overwhelming if you’re aware that you have lots of options but you’re unsure where to begin, which is why we thought that for this month we will choose one thing to focus our attention on and make it a little easier for ourselves.

It can be as easy as these 4 steps:

1 – Consider what you may already know a bit about so that it won’t require too much time to research and then choose the task that you will focus your attention on for the next 4 weeks.

2 – Schedule 1 hour in your diary as soon as possible to do any required research, set up or planning and commit to being ready to go as soon as possible, whether it’s advertising your item/skill, posting online, getting registered or whatever is required to take action.

3 – Once ready, schedule regular check-ins to make sure you stay on track and try to create opportunities for a few small wins. These will be enough to build the excitement and motivation you may need to keep going.

4 – Celebrate the wins! No matter how small, recognise your progress and continue to take small steps towards creating that little bit extra. Whether you make $5 of $500, it’s a little more than you had and all adds up to achieving your dream of owning your own home – which makes it all worth it.

We have compiled a list of things that you may like to consider, or feel free to choose something else that you’d like to try, and for the month ahead make it your priority to focus on one thing:

• Find items you have around the home and are no longer using and sell them on gumtree, ebay or facebook marketplace.
• Sort through your closet to find clothes you can sell at a local market.
• Walk dogs in your neighbourhood.
• Find local babysitting opportunities.
• Good at marketing, social media, excel spreadsheets, editing or other services? – advertise on fiverr.com for whatever you’re skilled in.
• Mow lawns.
• Become a mystery shopper.
• Rent out your car with Car next door
• Share your thoughts for money with a paid focus group like Paid Focus Groups or Askable
• Deliver food using uber eats, Deliveroo or menulog.
• Distribute flyers – look for ads in the local paper for businesses who are hiring.
• Use your crafting skills to make something to sell on Etsy.
• Check out Airtasker for tasks that people need done and are willing to pay you for.

Also, don’t forget, it’s all about celebrating the small wins so be sure to post in the Financial Coaching Facebook group with your #moneywin and let us know where you’ll be putting your little bit extra!