How to Make Extra Money to Save For Retirement

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Millions of people are struggling every year to save enough money to retire on. Between unexpected bills, debt, and rising expenses it can be difficult to find money in the budget to save for retirement as well. However, that is not mean that you should not try to make extra money so you can save for retirement. There are plenty of things that you can do to make more money while still working your current full-time job. Here are a few ideas to get you started.

Work Extra

Making extra money at your current job is one of the easiest ways to make money to save for retirement. See if you can work extra hours to bring in some extra money every month. If working extra at your current job is not a possibility, then look into getting a part-time job. See if you can find a job that will work with your current full-time employment. A part-time job in retail or waiting tables is an ideal way to make extra money to save for retirement. Try to remember that the sacrifices you make now will pay off by the time you turn 65.

Donate Plasma

Another great option for making money in order to save for retirement is to donate plasma. The process of donating plasma is not much different from donating blood. It only takes about an hour and you can donate twice a week. Most places will pay you around $30 for every donation, meaning you can make $240 every month that you can put into your retirement savings. However, make sure you are in good health before you go and donate.

Write Online

Millions of people make a great part-time income writing articles online. For most people a 400 word article can be written in as little as 30 minutes and can make an unlimited amount of money as long as it is online. Sites like Helium will pay you up front and residual income for every article you write in an eligible title. If each article you write earns you just one dollar a month and you write one article a day for one year, you will be making $365 every month for as long as your articles are online. That is a great start to your retirement savings.

Sell your Photographs

Do you have thousands of digital photographs just sitting on your computer? If so, make some money on those photographs you have already taken. Sites like ShutterStock.com will pay you every time someone downloads a photo that you have uploaded to the site. Though this is not going to make you rich, it can provide a steady source of income to put towards your retirement.

Start a Side Business

However, the best way to make money to save for retirement is probably to start your own site business. Find something that you love to do and then find a way to make money from it. If you love animals, start a pet sitting business. If you enjoy working on cars, advertise your services on sites like Craigslist. Not only will you control when you work and what you charge but you will also be earning money doing something that you enjoy.

So if you’re looking for a way to boost your retirement savings, use these ways to make extra money. Just make sure that the money you earn actually goes toward your retirement and not that new plasma TV that you have been eyeing. If you use these ways to earn money throughout your working years, you should be able to save enough money to retire.

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