Having a hard time coming up with your mortgage payment each month? There are plenty of ways to make a bit of extra cash to pay your mortgage. Here are 5 ideas to get you started.
1. Sell unneeded items
While you may not think you have a lot to get rid of, you probably have more than you think! Go room by room with a box or bag in hand and only pick up items you don’t use or like. Take good photos of each item and post them on Craigslist, Facebook Marketplace, or local buy/sell groups. Unsure how to price your items? Search online for the item and divide the brand new cost by 3. Make sure you put “cash only” in your post, and immediately set aside any money you make in a jar marked “mortgage moolah” or something creative that will motivate you!
Another great way to make some extra cash to pay your mortgage is to have a garage sale. While it requires more work than selling items online, it may prove to be more profitable if you have a lot of furniture and large household items.
2. Get paid to do something you love
If you have a hobby like photography, organizing, or crafting, try putting that hobby to good use and offer your services to others! Sell handmade items on Etsy or social media, and post pictures of your work/services you provide to your social media profile so that people know what you are capable of. Don’t get business cards yet–set aside every cent of your profits to pay your mortgage!
3. Walk dogs
Dog walking is another profitable way to make extra money to pay your mortgage. According to Angie’s List, dog walkers typically charge $15 to $20 per 20-minute walk and $20 to $30 per 30-minute walk. If you do two walks each day, you could probably charge $30 to $45. If you’re walking more than one dog, you could add $5 to $10 per walk.
4. Mow lawns
If you enjoy manual labor and being outdoors, doing lawn care could be a great way to make extra money to pay your mortgage. Word of mouth and flyers with photos of your work are a great way to get new customers! If you do a good job, you may even get regular customers.
Families with children are always on the lookout for a good, reliable babysitter. If you like kids, babysitting could be a great side gig to make money to go towards your mortgage.