People usually have a pretty complicated relationship with their money. They know that they’ve got enough to make ends meet, but it seems like they’re always struggling; they’re always one step behind the financial position they want to be in. While you can’t just magic money out of thin air, sometimes it happens that we have more money than we think we do. We tend to think the only cash we have is the figure that’s attached to our payslip each month, but this isn’t true — there are other ways to have more money in our bank account. We take a look at a few ways below.
You’re Due a Raise
Let’s begin with your job. This is where you get most, if not all, of your money. But is it possible that you should be getting some more of it? Employees sometimes undersell themselves, and don’t fully realize how important they are to the organization. If you’ve been doing a good job yet have never received a raise, perhaps it’s time that you asked. Employers are usually pretty open to these proposals, since they know that it’s much more expensive to hire a replacement worker than it is to give an employee a small boost in their salary.
One of the reasons why you’re short of cash could be because, well, you’ve spent your money on things. If you’ve got a job, then that money has to be going somewhere! Luckily, if you’ve spent your money on material items (as opposed to, say, eating dinner in restaurants), then you could have a stack of valuable goods just sitting in your home. Take a walk through your house, and pick out anything that you no longer want or need — and then get selling those items. The average US home has more than a thousand dollars worth of unused goods.
We have systems in place to protect innocent people from bearing the financial burden of other people. If you’ve been involved in an incident that wasn’t your fault, then you shouldn’t have the responsibility for all the associated costs. Get in touch with a personal injury lawyer, and fight your corner. They’ll help to ensure you get the financial compensation that you’re legally entitled to. Your financial standing should be determined by you, not other people’s errors.
Many people are a lot richer than they think — it’s just that they’re asset rich, not cash-rich. There’s a big difference. If you own a home, then your rich in assets, but may not be rich in cash. So why not put your assets to work, and begin seeing some cash return on your investment? If you have a spare room in your property, then you can look at renting it out to a tenant. You get to choose who moves into your home, and the money they bring in will go a long way towards paying that mortgage. Plus, it could even be fun to have some new energy in the home!
What other ideas do you have to have more money in your bank account? Let me know in the comments below!