Purchasing my first home was the scariest, most stressful, and most fulfilling thing I have ever done. For most first time home buyers it one of the most important purchases we will ever make and we are the least prepared for.
Do I have enough money? Is my credit score good enough? Am I picking the right house? These are all questions that plagued homebuyers. Not to mention the extra questions that you ask yourself if you have kids. It can be completely overwhelming.
Money is one of the first hurdles homebuyers have to face. It's great to have money saved up for the home buying process. However, in many cases, you have to come up with more money than planned.
In this blog post, I'm going to share a few ways to make extra money to help you through the home buying process. By incorporating these tips with frugal living you'll be in your new home in no time.
5 Ways to Make Extra Money
#1 Online Surveys – Completing surveys can help you earn small amounts of cash to add to your home purchase savings. Sign up for Inbox dollars and do a few surveys each night.
#2 Teach English – Did you know that you can make extra money teaching English? If you have a bachelors degree (any type) and you speak English, you can easily make $2000 a month teaching English online.
#3 Drive for Uber or Lyft – Your car can be an excellent tool to help you make extra money to purchase your home. Driving for Uber or Lyft can allow you to make quick extra money in your spare time.
#4 Website Testing – Website testing is a simple way to earn money fast. You can earn $10 for every test that you complete. And there is no limit on the amount of testing you can do. Visit UserTesting.com and TryMyUI.com to start testing websites and making immediate money.
#5 Sell Unwanted Items – I'm sure you've accumulated a lot of stuff that you'll need to move when you purchase your new home. Why not lighten the load by getting rid of things you no longer use. If you are like me you also have tons of clothes in your closet that you no longer where.
Selling these unwanted items can put tons of money in your pocket quickly. Simply take pictures of the items you want to sell and post them on sites like Let Go, Craigs List, or the Facebook Marketplace.
You'll make your future move easier and make some extra money at the same time.
These are just some of the ways you can get the money you need during the home buying process. You can use these tips to generate quick cash or you can use them to save money ahead of time to prepare for your house purchase.
Leave a comment and share how you saved the money you needed to buy your first home.