Sometimes it takes more than budgeting and saving to reach your financial goals. You can save every last penny and budget for everything, but still feel so far away from reaching your goals.
One thing we’ve done to make faster progress on our financial goals is to take on side jobs.
My husband and I have full time jobs. We budget, we save, we make progress towards our goals, but it still seems like they are so far away.
Without working side jobs, there is a limit to how much we can save and put towards debt. Having side jobs gives us more to work with.
Side jobs help us reach goals faster, pay off our house sooner, and increase our savings.
If you want a little push towards reaching your financial goals, consider taking on a side job. We really enjoy working different jobs outside of our full time jobs. Sure, we’re tired at the end of the day, but we know we are working towards a better future and becoming debt free that much quicker!
Here are some of the side jobs we regularly do to increase our income, so we can save more and pay off our house faster.
8 Side Jobs We Do To Boost Our Income and Reach Our Goals
My husband’s side jobs:
Flipping and Fixing Cars
He used to work with a contractor and learned everything he could. Now, when friends and family have small renovation projects, they call us to tackle the project for them. We renovated our whole house, so people know we are capable of doing the job. We have renovated bathrooms, installed hardwood floors, painted homes, done tile work, and several other projects. This is hard work, but it’s always neat to look back on and say we accomplished that together!
We saved up to buy a tractor for our land, so we would be able to do large projects, move dirt around, and other things. Well that purchase turned into a great investment! If someone needs bush hogging done, land cleared, dirt moved, or a gravel driveway installed, he can take on those jobs.
We have hauled construction material, trees, old appliances, and other things off for people.
People give him things!
Honestly, sometimes people just don’t want something, and they give it to my husband! People know he can work on things or fix something up to use it, so they just give it to him. He has gotten a weed eater, leaf blower, garden cart, scrap wood, and lots of other things. He sometimes will fix them and sell them, or keep it if it’s something we need.
My side jobs:
Crafts are my best side job, and I really love making things so I consider it a hobby, too! I build up my inventory, and set up at local craft shows. My mom and I have created a little business out of this, and are going on our third year of craft shows. It takes a lot of work and time, but I love it!
I could be a lot more involved with my Etsy shop currently, but in the past I have sold many things online! Here are 80 craft ideas you could make and sell!
I love finding tables, desks, chairs, and other furniture at yard sales to refinish and resell. My husband actually found me a couple of tables in dumpsters that I was able to refinish and sell. A friend gave me a desk in exchange for an old piece of barn wood, and I was able to refinish and sell it for a great profit!
We have done other side jobs in the past, but these are the most profitable ones that we stuck with.
I tried taking on a part time job after my full time job, but found the pay was not enough to keep me away from home and my husband. I love these side jobs because we can either, do them together, or work on them at home.
Ok, great! How can I find a profitable side job so I can save more and pay off debt?
Do you have a hobby you can turn into a business, like crafts, refinishing furniture, fitness, or photography?
Do you have equipment you or your husband could use to make money?
Think outside the box!
Need some inspiration to find the right side job for you? Check out these 30 side job ideas!
To make the extra work and time worth it…
The biggest thing for us when working side jobs is to make the extra work and time worth it. We make sure the extra money made goes toward something that matters.
We have 4 bank accounts and plan for the side money to go to either: investment savings to save for a big purchase, savings to buy land in the future, or the bill pay account to pay off our house quicker.
Make sure your hard work is helping you in the long run, not just giving you extra money to blow right away. Knowing where the money earned is going, before you even begin the job, will help keep you motivated to finish the job and keep working towards your goals.
You may want a side job to increase your savings, fund a family vacation, pay off some debt, pay your house off quicker, save for a wedding, a down payment, college, or a new car.
Whatever your goals and dreams are, a side job will give you the push to reach it faster!
What side jobs have you done to increase your income and boost your savings?