38 ways to make more money in 2020

This is where you open (and later close) credit card accounts to take advantage of lucrative sign-up offers. It can be high risk but offers high return. Only attempt this if you are highly organised – you’ll need to keep track of cards that you’ve opened and closed, along with the details of each – and are disciplined enough to manage your spending. “If you have expenses you need to incur and can bunch them appropriately, you might be able to qualify for the minimum spend requirements and not pay for additional expenses you don’t need,” says Adams.

Here are 5 more ways you can save money using credit cards. 

“I can say without hesitation: For 2020 and beyond, the best investment is always you,” says Joseph Deitch, author of Elevate: An Essential Guide to Life. “Whether that means going back for a degree, learning a new skill, or working on an area of weakness in your personal or professional repertoire, prioritise spending time and money on improving yourself. It’s a guaranteed return on investment, no matter what the market is doing.”

Selling T-shirts online using Print on Demand technology is a great business anyone can start without any capital or even the need for a website, says Stacy Caprio of Deals Scoop. “There is no start-up cost to sell since all you have to do is set up an account with a Print on Demand retailer, upload designs you create, and then get royalty payouts each time they sell and print one of your shirts,” she explains.

“One pretty easy and fun way to make extra money is through user testing,” says Dylan Houlihan, founder of Swift Salary. “All you need to get started is a computer with a microphone, and you can make up to $30 an hour testing websites and apps. You don’t have to be super tech-savvy to do this. As a user tester, all you’ll be doing is using a website or app like a normal user would, making sure it functions properly. These types of tests are typically around ten minutes long and pay out about $10 each, sometimes more.”

“Lots of people out there just need an extra hand,” says Liz Frazier, a financial planner and the author of Beyond Piggy Banks and Lemonade Stands: How to Teach Young Kids About Finance. “If this is in person, you could offer to run errands, shop, or help around the home. Virtual assistants can provide proofreading, translating, accounting services, or help with many other tasks.”

“If you are tech-savvy, provide computer tutorials,” says Liz Frazier. “This can be especially helpful to older generations, particularly ones looking to move into a job that requires computer skills.”

This can be fun and easy, and you may be able to get paid for visiting stores where you already shop. As a mystery shopper, you go “undercover” to evaluate services at stores, restaurants, and other establishments. You must be observant and detail-oriented, as you will be writing reports that include specific details about your visit to the store.

Certain sites let you earn money for taking online surveys, watching videos and doing a variety of other tasks. You earn points, which you can then redeem for gift cards and other items. The amount you can earn can vary; longer surveys tend to pay more.

Mateusz Grzesiak – known as Dr. Matt – promotes a life mantra he sums up as: “Live a lifestyle of voluntary simplicity.” He urges people to minimise their material consumption. “This will not only save you a lot of money, but also help find inner peace,” he says.

Here are 50 simple pleasures that make life worth living. 

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Source: RD.com