Those struggling by on a low income, such as the registered disabled, people on state benefits and those that work part time, often struggle with money issues. Household bills and credit card debt often becomes too much for those on a low income to handle. This means that it is important to find ways to supplement a low income or find ways to reduce household bills. Getting robo financial advice is another smart way to make things working in a right direction, especially when you are facing low income issues.
Boost a Low Income with an Online Blog or by Writing for a Web Site
Making extra money from an online blog can significantly help those that are struggling by on a low income. Those that work part time, are registered disabled, or on state benefits can have a regular income paid directly to their Paypal account each month.Whilst many people on a low income choose to set up a personal blog, others prefer to share in advertising revenue by writing freelance for a web site. Places to write include: About.com or Ehow.
This allows the registered disabled and those on state benefits to earn extra money to help with household bills. Writing web sites tend to pay writers based on page views, article sales or advertising revenue. Those prepared to put in the time can supplement a low income with hundreds of extra dollars each month.
Supplement a Low Income by Selling Clutter on eBay
Most people develop clutter over the years so it is a good idea to supplement a low income by selling excess items on eBay. Search through boxes in the loft as it is surprising how a few sales can help with household bills and income issues.
Check Access to Additional State Benefits
Whilst many people struggle by on low incomes, the majority of people don’t fully understand their entitlement to state benefits. Using a site such as entitledto.co.uk helps those who are registered disabled or on state benefits check their benefit entitlements and tax credits.
Low Incomes and Debt Solutions
People that are registered disabled or earn a low full time income find it hard to meet monthly repayments on personal debt. If finding it hard to pay back unsecured debts, a debt solution could help to turn around money issues. A debt solution can free-up money to help with household bills.
Those with unsecured debts of under £15,000 may wish to consider a debt management plan. This is a voluntary agreement between a debtor and his creditors to pay back as little as a £100 each month. Those with more serious debt problems that have a full time job could pursue an Individual Voluntary Arrangement.
Money issues are caused by an imbalance between income and capital expenditure. Finding a way to boost a low income or cut household bills can be potentially life changing. Don’t struggle to pay high interest and charges on unsecured debts that a debt solution could start to address immediately.