Step #8 To A Debt-Free Life: “Boost Your Income”

Increase your income this month to help you pay down debt.

There are a handful of practical ways to accomplish this. For instance, consider asking for a raise or promotion at your current workplace or seeking employment elsewhere if you feel you’ve reached your maximum earning potential at the company. You can also freelance for hire, take on a side job on weekends or a seasonal job for just a few weeks a year. You might also consider offering consulting services in your particular field.

There is always an opportunity for side jobs such as being a food or grocery delivery driver with Grubhub, DoorDash, InstaCart, or Shipt. You’re able to use your own vehicle and will likely stay within a set area. These jobs allow you to mostly pick your hours and give you the opportunity to earn more income without having to learn higher skills.

Remember: any extra money earned goes straight towards your debt snowball!