At Constancy Wealth Management we are always looking for new innovative ways to do things. Challenge what you already know and think outside the box as do many of our clients. I would like to share with you some very creative ways to get extra money you can use to pay off debt or avoid debt completely.

Start Mystery Shopping

Although mystery shopping won’t generate thousands of dollars of income for you, it’s something you can get paid for while doing the things you normally would, and is a fun way to generate a small additional income. The great thing about mystery shopping is that anyone can do it; you’re usually just judging a location based on the quality of the service and won’t need in depth knowledge of the catering or retail industries to be accepted for jobs.

Have a Clear Out

Now, going through the attic, cellar, and that rarely opened cupboard and just throwing things away won’t bring you any money, but selling the things you have in there could make you enough to make a sizeable dent in your debt. Sometimes, you might even find a hidden treasure or something of significant value that you’d forgot you even owned.
You can sell your old unwanted items on eBay, or if you prefer the personal approach and want to have even more fun, then simply have a garage and yard sale.
If you have plenty of other possessions around the house that you know in your heart you don’t really need, and that you wouldn’t miss if they were gone, then consider adding those in, too.

“Make your property work even harder for you by renting out your space in other ways”

Make Your Home a Superstar

Is your home sizeable, and does it have some notable or unique characteristics? If so, you might be able to rent out your home for filming! Many homeowners are looking to jump on this trend given the sums of money that can be earned, but only the very best properties are likely to receive an offer to rent the space.
While the most likely scenario is that your home will earn you relatively modest sums of money through ‘starring’ in a scene or two, there’s always the chance that a massive production could be coming to town and want your home to be the centrepiece.

Other Options for Renting Out Your Space

Make your property work even harder for you by renting out your space in other ways.
Renting out a spare room might be the idea that first jumps to mind, but if you don’t want a lodger you could alternatively consider renting it out as an office. You could allow your garden to be hired for children’s parties, or even rent out your drive as a parking space. The latter idea is brilliant if there are lots of commuters driving into a busy location near you or if you live near a stadium or arena that hosts highly attended events on a regular basis.
Paying off your debts is serious business, but it doesn’t have to be dull. Get creative with generating your additional income and have some fun while doing it!










What you need to know





Constancy Wealth Management is an Authorised Representative and Credit Representative of AMP Financial Planning Pty Limited ABN 89 051 208 327 AFSL 232706 and Australian Credit Licence 232706. This information does not take your circumstances into account, so read the relevant disclosure documents and consider what’s right for you. If you acquire an AMP product or service, AMP companies and/or their representatives will receive fees and other benefits, which will be a dollar amount and/or a percentage of either the premium you pay or the value of your investments. Ask us for more details.






This post contains information that is general in nature. It does not take into account the objectives, financial situation or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information