That’s right we’re leaping with excitement here at QuidCycle...ok ok enough of the bad puns. But with a bonus day to make the most of (and if you are an hourly worker, a bonus pay day too) what are you planning to do with it? Proposing? Ladies it’s tradition for you to get down on one knee on Feb 29th. Or if it’s your birthday, are you having an extra special celebration?
How about getting your hands on some extra cash? We cannot think of a better day to seize the moment after all there is not another Feb 29th until 2020. Here are a few suggestions from the QuidCycle team:
1. Thinking of renting out a room or your house?
Apps like Air B&B provide individuals with the opportunity to rent sheds, pods, rooms, flats or houses if the price is right. If you live in a city or a tourist destination, could you stay with a friend or family over peak holiday seasons to charge the most money?
Being paid to stay in someone else’s home while they’re away is an easy way to make some extra money. If you think of a fortnight over Easter, or the long school holidays, chances are you’ll know someone who would pay you to look after their home while they are away. If not, advertise on GumTree or social media. Ask someone who knows you professionally to recommend you so strangers are more likely to hand over the keys.
3. Pet-sit or walk dogs.
The cost of putting a beloved pet into a kennel or cattery puts many people off going away. If you know someone who has animals, offer them this service for a smaller fee or alternatively, offer to pop in and feed a cat, goldfish, guinea-pig while they’re at work or on holiday. Again use sites like GumTree or community pages on social media to advertise and get recommendations.
4. Do a car boot sale
Ever heard of the saying “one man’s junk is another man’s treasure?” What you may think is unwanted junk could be just the thing other people are looking to buy. Find out if your friends or neighbours are willing to do the same and share the cost. Alternatively, if they do not want to go, offer to sell their unwanted goods for a small percentage of the profit.
5. Sell items online.
Again, for minimal costs (mostly the time it takes to upload a photo and description), you can sell just about anything on sites like e-Bay. Music Magpie buys your old DVDs, CDs and videos. All you need to do is enter in the barcodes and then post them off to receive the payment.
6. Reduce your interest payments on credit cards and loans
That is where we can help -We can give you a better alternative to balance transfers. We will also show you how to make money work for you and how you can make it go further. You can learn how to free up cash and start investing. If you want to find out more, go to www.quidcycle.com/borrow Please note that any capital invested through a P2P platform may be at risk.
7. Earn higher return on your hard-earned money
This is where we can also help – At QuidCycle, you can earn up to 6.1% rate of return (capital at risk) and start your route to financial success. If you want to find out more go to www.quidcycle.com/invest. However, your capital is at risk, so be sure to fully understand the risks involved. See Understanding the Risk Page.
Disclaimer: The above information does not replace financial advice. Please ensure you seek independent financial advice before making any decisions regarding your finances. We also recommend that you carry out your own research to ensure that this is right for your own unique circumstances. Please note that we sometimes link to other websites but we cannot be held responsible for their content.
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