Tag Archives: cash money

Dec2

How To Better Protect Your Money

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How To Better Protect Your Money

If you want a secure life, then you need to look after your money. Money buys security and can prevent you from a lot of stress and worry. It is not a good feeling wondering if you can pay the heating bill this winter. As we get older, this security is ever more needed. We are going to have to retire with no real set income coming in and making do with the money we protected in our youth. So, let’s discover a few ways we can protect our money better:

Get Out of Debt:

If you have debts, then you must get out of debt and stay out of it too. There is nothing worse for your finances than paying interest rates. This is a great way to have nothing. If you can, contact your creditors and increase your payments to get rid of the debt as fast as possible. For some of you, it may be wise to enlist the help of a financial planner. You may be able to consolidate all your debts to make them far easier to understand and more manageable. 

Learn to Live Within your Means:

A lot of people spend more than their wages every month, which means they dip into their overdraft. If this is a continual thing, you will end up further and further into your overdraft and this leads to debt. It is not like a mortgage where you will have something at the end of it, it is simply wasted money. So, you need to start living within your means. There are many methods to do this. First, you need to become more financially aware so you need to track your spending better. You can download a banking app if you have not done this already and keep an eye on your balance. You can even set alerts to message you when your account is running low. Other methods include disabling the contactless feature on your bank card, trying to save your income that is not used for essentials, and only using a set amount for spending cash. You also need to learn how to practice delayed gratification. Instead of caving into your urges to buy something, you need to wait and see if you still want it in thirty days or once you have saved the cash for it.

Invest:

Investing wisely is one of the best ways to protect your money. Unlike savings, you can actually invest and keep up with inflation. One of the best ways to do this is invest in property. Buying your own home is wise. It can actuary end up being a lot cheaper than renting. A dual occupancy home from Meadan Homes, for example, allows you to rent out part of your home and make money on it too. Other ways to invest are with bonds, either corporate or government, the stock market, and collectibles. Investing in yourself is another great one, meaning paying for a higher education. You can do things like side hustles too, which is essentially running your own business and giving you valuable experience.

Spending money is an obvious part of life but you need to be smart about it to keep increasing your savings. Get started with the tips above today!

Featured Image By: Pixabay

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Sep20

How Do Social Media Influencers Make Money?

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How Do Social Media Influencers Make Money?

As we look at the current and future job market, we can identify a few career paths that will seemingly become more and more popular. Certainly, the rise of social media influencers has carved out a brand new path that didn’t exist before. These days, thousands of young kids and teenagers are desperate to have a job as full-time influencers. While this initially seems like a poor career choice, it quickly becomes an idea that can provide a lot of success.

Influencers can earn a lot of money without even being one of the biggest and most well-known creators on the planet. Sure, you have Charli D’amelio, Addison Rae, and Khaby Lame who amass millions of dollars per year. But, they have millions of followers across multiple accounts. An influencer with just a few thousand followers can still earn a lot of money. How? Here are the main ways most influencers make their cash:

Sponsorships:

The majority of money comes in the form of sponsorships. Brands pay the influencer to promote their products, services, or just the brand itself. This is usually in the form of sponsored posts, with payments made per post. Alternatively, influencers can have sponsorship contracts where they represent a brand. This means that they regularly post about them, wear their clothing, and so on. It’s more of a long-term thing with money paid regularly as part of the contract.

Ad Revenue:

Most influencers will also make money from advertising revenue. It’s rare that you will see an influencer only work on one platform. In most cases, they’ll have a YouTube account or another platform that allows them to monetize their content. The more views they get, the more advertising revenue they earn. As they become more popular, advertising companies pay more money to get their ads shown on their videos. Why? Because these companies know that thousands of impressionable eyes will be watching, which is a huge opportunity for them.

Merchandise:

Finally, you have money earned through merchandise sales. Once an influencer gains a following, they’re in a very unique position. They will have thousands of people who pay attention to them and want to support them. So, the influencer can create merchandise or other products to sell to their followers.

The followers want to show support or represent the influencer, so they’ll be more than happy to make purchases. In a lot of cases, influencers use their platform to create products that extend beyond brand merchandise. Many will develop their own clothing lines that attract attention from people outside their following, helping them make even more money.

You see, the money making opportunities are very diverse here. This is why smaller influencers are still able to earn decent wages. Of course, one benefit of this career choice is that you get back what you put in. The more effort you make to grow your brand and the bigger you get, the more money you could end up making. Just remember to work hard because influencing doesn’t become an instant career over night!

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Jul22

Get Started On Monetizing Your Blog

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Get Started On Monetizing Your Blog

We all love the idea of making money by doing something we actually enjoy. Well, blogging genuinely gives you this opportunity. You can write about topics that are close to your heart, pouring out the thoughts that you keep inside your head for most of the day. At the same time, you can start earning a lot of money – if you know how.

Don’t just rely on ad revenue – it won’t be enough. The key to making your blog a money making machine lies in eCommerce. It’s very simple; you set up your blog to allow people to buy things from you. Meanwhile, you still post content and make money through adverts and sponsors, but you’ve got this extra hustle going on in the background.

Of course, there’s a tactic to this that will make it work. You can’t just sell anything and everything! Let’s look at how you can start monetizing your blog:

Sell things that are valuable:

Choose to sell things on your site that are valuable and relevant to your blog. Merchandise is always a good idea, giving your audience a chance to support you and wear your branding everywhere. At the same time, consider what your blog is about and how you can create products/services linked to it.

For example, imagine your blog is all about marketing. Here, you could sell marketing programs or ebooks that help people improve their skills. It’s an extension of your content, but you go into more detail and reveal your secrets. Alternatively, a fitness blog would be excellent at selling things like branded water bottles, fitness equipment, etc. If you sell things that your audience will be interested in, there’s a lot of money to be made.

Make everything look professional:

Nobody will buy anything if your site doesn’t look good enough. A regular blog is not an eCommerce site; you need to make some changes. Thankfully, there are companies like WEBX360 that can help you create an eCommerce website. This will ensure that you have all of the features on your blog to allow people to add things to their carts and check out securely.

Optimize your content:

We’re not talking so much about your blog content here – though that can be relevant. Rather, we’re thinking about the content on the eCommerce portion of your blog. Write good descriptions and have excellent landing pages to help your site rank well in search engines. This can bring in customers that aren’t from your blog audience, letting you make more sales.

Similarly, speaking about your content, you can use it as a way to link to certain products/services for sale. Sometimes, you could even build content around new product launches to generate hype!

As you can see, your small blog can very quickly grow into a healthy side hustle. If you utilize eCommerce on your site, it gives you a new way of earning income to add to your monthly blog revenue!

Featured Image By: Pexels

Jul8

Downsizing Your Expenses: What Can You Do To Cut Costs?

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Downsizing Your Expenses: What Can You Do To Cut Costs?

In these tough economic times, it is more important than ever to be mindful of your expenses. If you are finding yourself in a situation where you need to downsize your spending, don’t panic! There are a number of things that you can do to help ease the transition. In this post, we will discuss some tips on how to reduce your expenses without sacrificing too much quality of life. Follow these steps, and you will be on your way to financial stability in no time:

Take a Closer Look at Your Budget:

The first step to reducing your expenses is to take a close look at your budget. Where are you currently spending the majority of your money? Are there any areas where you can cut back? For example, if you are spending a lot on eating out, try cooking more meals at home. If you have a gym membership that you never use, cancel it and start working out for free at home or in the great outdoors! Once you have identified some areas where you can reduce your spending, it will be easier to make the necessary cuts.

Get Rid of Unnecessary Subscriptions and Memberships:

Another way to save money is to get rid of any unnecessary subscriptions or memberships. Do you really need that cable TV package with 500 channels that you never watch? Chances are, you can live without it. Ditch the gym membership that you never use and cancel any magazine subscriptions that you no longer read. These are all expenses that can be easily eliminated from your budget without having a major impact on your life.

Cut Back on Shopping and Entertainment:

If you want to save money, you will need to cut back on shopping and entertainment. Instead of going out to eat every weekend, try cooking at home more often. Go for a walk or bike ride instead of going to the movies. There are plenty of ways to have fun without spending a lot of money. Get creative and see how much you can save!

Save on Transportation Costs:

Transportation costs can add up quickly so it is important to find ways to save in this area. If you live in a city, try using public transportation instead of driving everywhere. This can save you a lot of money on gas and parking fees. If you live in a rural area, see if carpooling with friends or family is an option. There are many ways to reduce your transportation costs, so do some research and see what works best for you.

Moving to a More Affordable Home:

One of the most drastic ways to reduce your expenses is to move to a more affordable home. If you are currently renting an apartment, see if you can find a cheaper place to live. Looking into apartments for rent or finding a roommate to split the cost of rent with can be great ways to reduce your monthly expenses. If you own your home, consider downsizing to a smaller house or condo. This may not be an option for everyone, but it is something to consider if you are looking for ways to save money.

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Photo by Paul Hanaoka on Unsplash

These are just a few tips on how to downsize your expenses without a ton of sacrifice. If you are struggling to make ends meet, try implementing some of these suggestions and see how much they can help! Remember, every little bit counts when it comes to saving money.

Featured Image By: Andre Taissin on Unsplash

May23

Turning Your Art Hobby Into A Side Hustle

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Turning Your Art Hobby Into A Side Hustle

So you’re looking for a side hustle, and you love art. Or, perhaps, you need to find ways to inject more creativity into your life while also bringing in some money. If either of those statements rings true, then maybe an arts and crafts side hustle could give you the creative outlet you’re looking for while also helping you create a financial plan for the future. Here are five ways that you can turn your passion into a cash cow side hustle:

Create And Sell Digital Art:

This is one of the most straightforward arts and crafts side hustles to start. You don’t need to buy any fancy equipment to create digital art, and you can sell it online to clients from anywhere in the world. In fact, there are tons of digital art marketplaces out there, including Etsy, Zazzle, and Society6. You can also take your digital art a step further by creating video tutorials that show your clients how they can use their new products. This not only allows you to get some extra content out there but also gives your clients added value.

Turn Your Art Into Home Decor:

If you create more traditional art, you can still sell it to customers as home decor. Frame Your Art allows you to list your art pieces for sale online and each frame comes with a free print of your art. You can also partner with local shops that sell home decor to display your framed art in their stores or sell your art on Amazon through the Merch by Amazon program. The catch is that you’ll have to print it yourself (or outsource it to a company), box it, and ship it out to customers. But if you have the time, this is a great way to instantly create passive income from your art.

If you make art yourself, stock up on supplies from King’s printmaking supplies and get to creating. It’s an easy way to turn your hobby into a side hustle.

Start An Etsy Store:

Art is a great way to keep yourself busy. It can also make you money and Etsy has become a go-to marketplace for handmade goods. There are plenty of ways for artists to sell their artwork and crafts to the public. However, if you want to start an Etsy store as a side hustle, make sure that you’re abiding by the company’s guidelines.

If you’re a creative person, chances are you have plenty of ideas for new products to sell. You can either create your own designs or source items from other designers. No matter what, you’ll need to make sure that your product is high quality. People tend to be very selective when purchasing handmade items. Take the time to do things right so you don’t have to worry about returns or poor reviews on your page.

Create Handmade Jewelry:

If you love to make jewelry but don’t want to sell your creations online, you can still make money with them as a side hustle. You can turn your jewelry-making hobby into a profit-making business by hosting small craft fairs in your neighborhood. Just make sure that you have permission to sell goods on public property.

In addition to craft fairs, you can also sell your goods online through marketplaces like Etsy, Amazon Handmade, and ArtFire. Keep in mind that this side hustle is more than just creating jewelry. You’ll need to set up your booth or display, attend events, and promote your business. You can also sell your jewelry at local shops. This allows you to get more visibility for your products, and you may even be able to negotiate a percentage of the sales.

Open A Print Shop:

Are you a Photoshop pro? If so, you can use your skills to create all sorts of designs for clients. Many companies outsource their printing to individuals who have the necessary software and knowledge to create the perfect design. You can find these jobs on sites like Upwork and PeoplePerHour.

There are also online print shops that allow you to design customizable products such as T-shirts, posters, tote bags, and more. First, you’ll need to create a shop through the website and upload your designs. You usually have the option to use a template or you can upload your own designs. Once you have the shop up and running, all you have to do is wait for customers to order your products.

If you have a passion for arts and crafts and are looking for some extra cash, a side hustle will be just right for you. How cool will it be to see other people enjoying your one of a kind pieces?!

Featured Image By: Jess Bailey Designs via Pexels

Apr15

Curbside Shopping Pro Tips

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Curbside Shopping Pro Tips

Hello! Since the COVID-19 pandemic, Johnny and I have still been using curbside pickup to do our grocery shopping and it is, honestly, the best. I definitely don’t miss squeezing in grocery shopping during my free time, hauling around a big cart, and playing Tetris with all of my purchases to load in the car. I also love any type of online shopping so it’s kind of fun too even if it isn’t scouring the shoe selection on TJMaxx’s website!

Curbside shopping saves time and I know for a fact that I’ve saved money from it too so I thought that I would share some of my pro tips today for the next time you shop curbside:

Plan Your Menu:

Like many, the first thing that I do before I begin my shopping is plan what I would like to cook for dinner. This includes looking over my saved pins on Pinterest, revisiting old favorite recipes, and coming up with new ideas in my head. I make a list of the dinner items that I need and those are usually the last things that I add to my cart because I can just type in what I want into the curbside search bar.

Evaluate What You Already Have:

The beauty of online grocery shopping is that you can consult your fridge, freezer, and pantry while placing your order to see if you already have something that you plan on buying. I can’t tell you the amount of times I’ve done in store grocery shopping and returned home with something that was hiding in a nook or cranny! When I’m shopping curbside, I am always double checking what I already have so that I don’t have to pay for it twice.

Promotions/E-Coupons:

I buy my groceries at Giant Eagle and their store ad and E-coupons are conveniently located on the same site to shop curbside. You can also see the promotions running on each item while you’re shopping. Before my shopping, I’ll clip any coupons that I might need and check the ad for any good deals. To be honest, the E-coupons tend to leave a lot to be desired because it’s money off of items that I don’t need (baby care, pet care, etc.) but I have saved money from them on occasion.

Like many grocery stores, Giant Eagle has a rewards card where you earn money off of your next purchase or at the gas station when you spend money. If your grocery store has something similar, I can’t recommend signing up for their emails enough. Although emails from stores can be annoying, you will be notified of when you can earn some extra savings.

For example, Giant Eagle will do double points days and sometimes even five times the amount you earn on your next purchase. The last time I went to the store for some odds and ends was on a five times perk day and I ended up getting close to fourteen dollars in free money. My perks total resulted in forty-five dollars off during my last curbside order!

Double Check Your Cart:

When shopping in store, it’s almost impossible to go through a full cart and remove what you decide you don’t need. This is, of course, not the case with curbside and you can go through your cart at any time to add or remove items. After I have shopped through all of the categories, I will go through my cart at least two times and begin to dwindle down my order. It’s so nice to be able to see what you already have right in front of you, be able to look through what you have at home, and add or remove as needed. I never end up buying everything that was originally added into my cart which is a definite money saver.

At Giant Eagle, you can add or remove items into your cart up until your curbside shopper begins working on your order. This is also great because how many times have you returned home from the store to realize you didn’t get something that you needed! Make sure you find out the rules for your store so when you realize you need something at the last minute you can get it.

Remember:

While your curbside shopper is working on your order, you will communicate over text message if an item is unavailable or if there is a suitable replacement. The shopper will typically send you a picture of the replacement item so don’t forget to turn your data on if needed. The first time I shopped curbside with my smartphone, I didn’t realize I wouldn’t receive pictures from a non-iPhone without my data being turned on so I never got the pictures that were being sent. Whoops!

In my opinion, curbside shopping is the way to go when it comes to your groceries. I used to dread my trips to the grocery store but now I always find myself looking forward to my next curbside order!

Do you prefer in store or online grocery shopping? What is on your dinner menu this week? I want to hear from all of you, so leave me a comment and let’s chat! Much love. -Sarah

Apr7

Moving Abroad? Make Sure To Do The Following!

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Moving Abroad? Make Sure To Do The Following!

Moving abroad can be an exciting new adventure that you are ready to embark on. When you are there, it will be worth it and you will have an amazing time. However, to ensure you enjoy your time abroad, whether you are looking to move away for a few months or permanently, there are several important things that you need to have in place because the process can get pretty complicated. If you can get organized and sort these documents in advance, you can relax knowing that you have a smooth journey ahead.

To help you get started, here are some vital things that you need in place before your move:

Research the country:

You should always start by researching the country that you are moving to. This is because rules and regulations can be very different so you should never assume that you know everything. The best and most reliable source of information can be found at the embassy or consulate. They will be able to advise on the rules in the country, the documentation you need to complete before traveling, the documentation you need on you to travel, and much more.

Important documentation:

You will need a range of documents to be able to travel and live abroad. You should have these ready to go in a folder for protection before you intend to travel. You should also make copies of all of your documents and take a picture on your phone, in case you lose them. Some official documents can take a few weeks to arrive if you have to request them, so make sure you do this step well in advance to avoid disappointment. Some of these documents include:

  • Passport
  • Driving license
  • Birth certificate
  • Proof of citizenship
  • Insurance policies
  • Proof of residence
  • Vaccination record
  • Medical record

Finances:

Of course, your finances will need to be in order before your move. The best way to do this is to research the cost of living in the country that you are moving to. For example, if you live in New York and are moving to Dubai, you may find that living is much cheaper. Not only do you need money for living expenses, such as food and commuting, but you will also need to consider your accommodation and utilities. If you are moving to Dubai, there are plenty of apartments for rent in Palm Jumeirah that are affordable and located in a great spot. You will need to research the prices for apartments before you travel.

You should also consider insurance policies that will protect your money if you lose it, as well as your belongings. The last thing you want is to pay to replace your items if the worst happens!

Make sure you consider everything you need before you move abroad and do it with enough time to spare. You may wish to use this information and create a checklist so that you don’t miss anything important!

Featured Image By: Pexels

Dec6

Getting By In Money & Mindset: 3 Methods To Incorporate

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Getting By In Money & Mindset: 3 Methods To Incorporate

It is not easy in the slightest to get by in the modern world. But whether you are trying to make extra money through numerous practices, or you are consciously trying to downgrade your life, there are so many different approaches that you could take to get by. Let’s show you a number of practices that could prove beneficial, and how you could use them:

Method One: Embracing a Minimalist Mindset

Minimalism has become very popular, not least because it can help you to make the most of very little. A lot of people are talking about minimalism as an antidote to what the modern world offers. If this appeals to you, you could sell your house quickly through companies like Offer Pear and start to live a more off the grid lifestyle. Being minimalist has a number of benefits for our mental health. We live in a world dominated by stuff. It seems that if we have to get ahead, we need more stuff, which means more money. A minimalist mindset means that you are effectively training yourself to get by with less.

Method Two: Becoming a “Slashie”

Also known as a portfolio career, this is where someone will make multiple income streams from different careers. A relatively new term, however, it appears to be essential to get by. Over the last couple of years, people have found that living off one income stream is not enough. Therefore, they’ve had to find ways to achieve extra income. There are naturally many approaches to doing this. If you already have a full time job, you may find having an extra part time role on top of what you do sufficient enough to help you live the lifestyle you want. But it is important to be aware that this approach can be difficult to maintain, depending on what your lifestyle entails.

Parents will struggle to maintain this approach if they don’t go about it in the right way. This is partly why many people try to find passive income streams. This is another very popular approach, but one of the downfalls of going with a popular approach to earning money means that it is already over saturated. If you want to become a slashie, the most important thing to consider is doing it in a way that doesn’t cause you to burn out. Many people feel that they need to maintain their lifestyles, and despite rising prices, rather than reappraising everything they have, they find they need to work more. The result? More stress, anxiety, and a whole slew of health problems! But, that being said, if you want to go down this route, the best approach is to do things that will actually make you happy and fulfilled.

Method Three: Addressing Your Expenditure and Income

Part of the problem in getting by in the modern world is that we believe that we need to earn more to maintain a current lifestyle. We’ve already talked about the importance of becoming a minimalist, but this may not be for everyone. You may think that your income is the first thing to address, but you need to look at what your income is actually going towards. If what is coming into your account is going out straight away, you need to look at the things you’re spending your money on.

One of the simplest things we can all do is to make a couple of downgrades. There are plenty of things that we can do for free, but rather than actually thinking we’ve got to completely get rid of everything to live a better life, it is about playing the odds and the balances. You can still go out for meals with your friends, as long as you find other ways to cut back on your day to day life. A very common example is daily takeaway coffee. If you opt for a homemade coffee, you will see how much this adds up.

These three methods can work together in tandem whether you are looking to save up for a big purchase or just cushioning your savings. The most important thing is to keep your mental health in check to avoid burn out. It is always okay to treat yourself!

Featured Image By: Pixabay

Oct21

Simple Ways To Cut Down Home Ownership Expenses

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Simple Ways To Cut Down Home Ownership Expenses

Owning a home is a significant investment move. But, unfortunately, the costs involved do not end after your final payment. Whether you paid fully for your home or working with a mortgage, you will still face various home ownership expenses. Some of these are pretty much predictable, while others can take you by surprise. And unless you already have some financial cushioning, these expenses can be a source of stress. So, are you drowning under these waves of home ownership expenses? Use these tips to cut down on how much you spend:

Switch utility and insurance providers:

Suppose you’ve used the same home insurance company, utility provider, or electric company for over a year. In that case, it’s time to shop the market for alternatives, as you may be overpaying at this point. You will be pleasantly surprised by how much utility providers and home insurance providers vary in their price range. Take the time to check other providers and compare their prices and other special offers they may have, and settle for the ones that give you the best deal in terms of service and price.

Try refinancing your mortgage loan:

If you have a mortgage on your property and it’s eating chunks off your income, then you might want to consider refinancing. Thankfully, getting a refinance mortgage quote is easy, as you can do it online. According to some experts, the average interest rate on a fixed-rate loan for 30 years is 3.14%. So, if your current rate is even a fraction higher than that, opting for a mortgage refinancing could help save you hundreds of dollars every month.

You can also speak with a mortgage broker to determine what rate you can qualify for if you refinance or get a refinance mortgage quote online. However, you need to note that refinancing may come with some fees. So, be sure that you intend to own your home long enough to recoup the expenses saved.

Generate income from your home:

An effective way to reduce your expenses is to generate income from your property. Depending on where you are, the size of your home, or your special interests, various options are available to you. One option is to rent out rooms in your home. You can also rent out spaces in your yard for small home dwellers looking for land space for their tiny homes. Another option is to register for short stay hospitality services like Airbnb or rent out storage space in your garage.

Find out if you can reduce your property taxes:

There is always a chance that your property tax is not being assessed correctly. And that’s not all, as you can also enjoy tax breaks for various reasons. Property tax is probably one of your most significant expenses as a homeowner, so it pays to find if there are tax breaks for you or if you’re overpaying.

^^^ Pexels Image

Saving money where you can when it comes to your home will save you lots of stress in the long run. These extra savings will sure come in handy for home ownership surprise expenses that can’t be avoided!

Featured Image By: Pexels

Oct20

Customers Refusing To Pay? Try This

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Customers Refusing To Pay? Try This

Nothing is more disconcerting than a customer who refuses to pay for quality services rendered. You’ve worked hard, but you’re not getting the reward. It can be heartbreaking. Fortunately, there are steps that you can take to ensure that you get the money you’re owed, no matter what your industry. Check out our ideas below:

Stop Working:

If a client refuses to pay you according to the schedule you initially set out, stop working immediately. Don’t continue toiling in the hope that you will eventually get paid. The reason you should stop working is because it helps you set clear boundaries. Clients who believe that you are a pushover may continue to ask you to work, even in the absence of any pay.

Leaving a project unfinished puts the client in a tricky position. They could try to find a workaround, but usually that’s not possible. It improves your bargaining position and makes it clear that their actions are unacceptable.

Charge Late Fees:

You can also try charging late fees. Late fees encourage clients to get their act together and to pay payments on time, instead of waiting for fines to accrue.

Work With An Industry-Specific Collection Service:

You can back up your efforts by working with a company that specializes in recovering payments. Many CBD firms, for example, use a cannabis collection agency since they understand how the industry works. Collection agencies reduce the hassle of collecting payments yourself. You don’t have to personally call clients and demand money (which can be emotionally draining). Instead, experts do it all for you.

Use Factoring:

You can also use a factoring model. Here, third-party companies buy your accounts receivable off of you and then pursue money collection themselves. Prices for this can be quite high. Usually, you’ll receive around seventy percent of the value of the invoice. However, at least it provides you with cash immediately, instead of having to wait for months, meaning that it is great for cash flow.

Make Contracts:

Making contracts in advance helps you to avoid late payment problems. By spelling out precisely what each party can expect, you have legal recourse should your customers fail to pay you at a later date.

Ask Why:

If customers won’t pay you, find out why by asking them. They could provide all manner of reasons – and you won’t necessarily know what they are in advance. In some cases, they might cite their own poor cash flow, in which case, debt collection might be the only option. In others, they might tell you that they’re not happy with the quality of the service. If there is a problem, try to find out specifically what it is so that you can correct it. Often, once you solve customers’ problems, they are more than willing to pay you.

Non-paying customers can be stressful. But, fortunately, you have many options. You can explore the issue more, find out what’s gone wrong, create incentives to pay on time, and even hire legal help.

Featured Image By: Unsplash