“Make” an Extra $25 This Week – Frugal Challenge

What would you do if you had an extra $100 a month? Would it make keeping up with bills easier? Just imagine how fast you could pay off your debt if you could put that extra $100 toward it each month?

The problem is $100 sounds like a pretty big number and it isn’t all that easy to come up with that extra cash. But what about $25? Seems a lot more attainable, doesn’t it? So that’s what this week’s Frugal Challenge is going to be…”make” an extra $25.

I’m using the term “make” rather loosely here. You can either earn an extra $25 or save them somewhere else in your weekly budget. Either way, see if you can do it in a way that you can repeat each week. Here are a couple of ideas:

Ways to Make More

  • Babysit 2 hours per week
  • Tutor a neighbor child
  • Hold a yard sale
  • Sell something on ebay
  • Take clothes and toys your kids have outgrown to the consignment shop
  • Crafty? Sell your crafts and craft patterns on etsy.com
  • Love to write? Start a blog at blogger.com and monetize it with google adsense
  • Love to cook? Share your recipes on a blog and again monetize with google adsense and affiliate products. (You could become a HBHW ebook affiliate)
  • Work a few extra hours if you have a job (or ask for a raise)
  • Got administrative skills? Consider working as a Virtual Assistant a few hours a week. See Shelancers.com for more info.
  • Do some consulting in your field of expertise.

Ways To Save More

  • Cut out that daily trip to the coffee shop
  • Cut down on your phone, internet and cable plans
  • Go to the library instead of buying books
  • Drink water instead of soft drinks
  • Cut back on eating out
  • Make your own convenience foods
  • Meal plan

Obviously this is just a small list. I’d love to hear your ideas. Get creative… if you had to make an extra $25 this week, what would you do?

Tags:

17 Responses to ““Make” an Extra $25 This Week – Frugal Challenge”

  1. Gwen Says:

    I’m not trying to be contrary, but isn’t saving $25 a week the same as earning $25? I contend that by mending my children’s clothing instead of buying new ones and cooking meals at home instead of eating out that I have indeed ended up with the very same $25, at least by the time you figure in the money I saved by using the clothesline instead of the dryer, and making all of our food from scratch, as well as gleaning some terrific bargains at the grocery store.

  2. Susanne Says:

    It sure is Gwen, which is why I am using the term “make” loosely. :)

    Those are some excellent examples that would fall into the save $25 category

    - mending children’s clothing
    - homecooked meals
    - using a clothesline
    - bargain shopping

  3. Gwen Says:

    Thank you Susanne! I also stretch our clothing budget by shopping at thrift shops for most of our clothing. One of our local shops had a “pocket change” sale last week and any wearable item was only 25 cents!! I purchased some shoes for my daughter and myself, a couple of nice purses, pants and shirts for all of us, and even a very nice suit for hubby. I spent $5.00!!! I just wish I’d had more time to shop so I could have gotten more items. I do love a great deal and a suit for a quarter is definitely a great deal!

  4. mama kelly Says:

    I’ve been purging my book collection and selling items via Amazon. And I’ve recently started offering tarot readings via my blog.

  5. Amiyrah Says:

    I have been making an average of 100 dollars a month for the past 6 months just by doing rebates. Since I watch deals at my grocery and drugstores, I see what will be on sale and what items are offering rebates. By frequenting sites like hot coupon world.com, I’ve been able to see what items will be money makers after rebates. To make it completely fair, I don’t count the rebate money until I have the actual check in my possession and deposited into my account. In the month of December alone, I made 316 dollars. September and October were great rebate months. This, of course, takes work, but so does babysitting and freelancing. You just have to pick your battles.

  6. Christine Says:

    I just stumbled across your blog and I love it! I am a Stay at Home Mom of 3 so I really appreciate all the tips. I will definately be checking back on your blog! Thanks!

  7. Hannah Says:

    Besides ebay, another way to sell things is by advertising through Craigslist. It is by region/city, so you sell to local people. Then you don’t have to bother with fees and shipping the item. I’ve bought many baby and furniture items this way.

    If I had to make an extra $25 a week, I would try to buy some things in bulk that would normally be too much for my small-ish family (50 lb. of rice, large box of apples, etc.) and split it with another family, or make an online/mail order together with someone to save on shipping (sometimes shipping is free if you get up to a certain amount). This helps someone else save money too!

  8. Julie Says:

    I belong to this website called ChaCha. People text questions from their cell phone and people like me Google them for between 10 and 22 cents a question. I don’t make $25 a week just because I work full-time with infants and am tired when I get home so I don’t always want to sign on. But I make about $40 a month that I save for the taxes we owe since my husband was self-employed before he lost his job.

  9. Louise Says:

    I’m new to the site, but love it already. I started shopping at my local Giant Eagle several months ago. I buy items on sale with coupons (which they double up to $1.00). I’ve gotten some great deals and have been able to stock my pantry. For example this week GE had 10 large Sunkist tuna pouches for $1 each, you had to buy 10 and then you got an additional $2.00 off (making it $8.) In addition to that I had 5 coupons for buy 2 tuna pouches get one free. I ended up getting 15 tuna packs for $8.00. In the pantry they went. Giant Eagle has a ‘fuel perks’ program for their gas station. Spend $50 and earn .20 cents off a gallon. I buy gift cards there for any stores I’ll be shopping at, Regis Salon, etc. I have only spent a total of $30 for gasoline in the past 4 months. I have not spent any extra from my grocery budget to do this and have been able to save my gas budget each month, a total of $150! Even my husband is excited about this! Check out the Giant Eagle website if you have one with a fuel perks gas station near you. If you watch the ads, coupons, you can do very well!

  10. Christin Says:

    I think one of the fastest ways is cutting the grocery bill or cut eating out. But of course, you’ve already mentioned those.
    Hmm…how about using only half the amount of dishwashing detergent and half the amount of laundry detergent then the bottle calls for? I’ve been doing this for several years, yet the results are always the same. In fact, for my dishwasher, I only use about a quarter of what they call for. I don’t fill the “open” cup, just the one that is fastened shut, and that one I only fill half way. Guess what? Same clean results, and no residue leftover because of it!

  11. Linda Wier Says:

    I got a favorite no one seems to know. When your done eating your Kosher pickles, Do Not throw away the juice. Boil eggs peal them and put them in juice, for Two weeks at least. Grat for a lom calorie snack.

  12. Patty Says:

    We have been writing freelance articles, we earn between 2.50 and 5.00 an article. There are a number of sites out there where you can find work. It is not a lot but since we are on unemployment right now, it really helps us a lot.

    I have also been doing surveys and paid search programs. You don’t get a lot doing these but every little bit adds up.

    Mystery shopping is another good way too, if you can find a good company to work for.

    Look for coupons and free deals on the internet, such as the free Quiznos coupon floating around out there, then not only can you eat out, but you are getting free food! Restaurants are suffering right now so there is plenty of them out there giving away free food to try to get you back in to their restaurants.

    For us we have already cut the budget as deeply as we can so the only thing left was for us to make some extra money on the side. There is definitely ways out there to make money if you look hard enough!

  13. Michelle Says:

    Here is something I didn’t see mentioned – growing some of your own food. Even though it is winter, you can supplement a little by growing lettuce and herbs in your windowsill. I live in Alaska and it even works here! Right now I am sprouting some alfalfa to add to sandwiches. A couple weeks ago I sprouted some wheat berries and put them on some dirt and let the grass grow. We didn’t eat it – I fed it to our chickens who I am sure enjoyed the fresh greens.

    Thanks for all the great ideas!

  14. Faye Says:

    My answer to this challenge was to do without buying groceries for 1 week. I only bought milk and eggs and I cooked meals from food that I had in my pantry and refridgerator. My husband and I are retired so there is only 2 to feed however, it was quite a challenge. I saved about $60 doing this. Now my pantry is cleared and I know I can make it on much less if I have to.

  15. Mary in MO Says:

    Car pooling for the monthly grocery shopping, purchased several staple items at the bulk store which DD1 and I will split. Just purchasing our stores “5 for $25 meat package” and lpurchasing the monthly Angel food order saved more than $25 on the monthly shopping.
    My niece and I are planning to put out a larger garden and DH figured out a way to make ‘upside down planters’ from 5 gal pickle buckets that we can get free. Maybe not $25 this week, but the garden will save us a lot more than that through the summer.
    It will also provide us with extra exercise, thus making us healthier and possibly saving us a lot more than $25 on future medical expenses.

  16. Courtney Says:

    Well, I think there are a million and a half ways to make or save $25 per week, so I’m not going to add another one.

    What I will add is how much that $25 will add up to if I do these things.

    I’m 26, so we’ll say I start now and stash that $25 into my 4% return savings account every week until I’m 60 and ready to retire.

    Guess what. That’s $87,000. ($28,000 when counting inflation.)

    Some people begrudge small acts of frugality, but you really shouldn’t. Small numbers add up.

  17. Shaniqua Hosch Says:

    Baby Annabell is always top of the toy charts each year.

Leave a Reply