So it’s the beginning of September and you’ve done your budget and there is just not enough money to pay everything. You’ve taken my advice and cut back everything you can. You’ve called all of your utility companies to see if you can get a better deal. You’re eating mac and cheese and ramen noodles. There are no more things to cut. Now, you have two options: cut your payments or increase you income. Let’s talk about the income issue first.
If you only have an income issue because of your debt (credit cards, student loan payments, medical bills), you need to find a short term way to make more money. It’s time to swallow your pride and consider getting a part-time job. If you work part-time, it may be time to get a second part-time job or try to find a full-time job.
I know what you’re thinking. Kristin, the economy is terrible. How am I going to find another job? I see people who do it all the time. You may need to get a job waiting tables or delivering pizza. You can try to get a job in retail, although something that pays you tips will make you a lot more money.
If you are having trouble getting a job, create your own job. As a college student or teacher, you could tutor kids. Put some signs up at your local grocery stores. If you have a lawn mower, you can start mowing lawns in your neighborhood on nights and weekends. Have a skill? See if you can find a library or adult education program where you can teach classes. Have a Master’s Degree? Work as an adjunct professor at a community college.
There are a lot of options out there. Be creative. You won’t have to do this forever. Maybe you’ll even develop a side business that could turn into a full-time job someday. Do something you feel passionate about. If you’re having trouble with that, consider picking up a copy of 48 Days to the Work You Love. Now is a great time to figure out what you are good at and start marketing yourself in that direction.