Odd jobs in the neighborhood to make ends meet at the end of the month

Why Taking Odd Jobs in the Neighborhood Can Boost The Bottom Line

Many people think that budgeting is the smartest way to save money, but what happens when you’ve hit the limit of saving and there’s no more room to cut down? Simple: supplement main income with income earned from odd jobs in the neighborhood.

How to Find Odd Jobs in the Neighborhood

To get started with finding odd jobs in the neighborhood, start listing skills and experience. Based on this list, start looking for casual job listings – see what’s already in demand. Next, use online forums to post announcements for regarding availability and even find and apply to local positions posted. Spots like Craigslist, Kijiji and Indeed.com can help to find local listings. Finally, take initiative and call or email to inquire about what the business might need, that is being offered. Use the list already created to narrow down suitable businesses, sure to need the skills already possessed. People don’t just use odd jobs in the neighborhood for paying monthly bills. The extra income generated can help to pay down debt or can be used to start a new, small side business. The possibilities are virtually limitless and the barriers to entry are greatly reduced in this day and age of the Internet.

Balancing Odd Jobs with the “Day Job”

The abundance of odd jobs might make the process of starting exciting, but there are two things that need to be considered: the first is a person’s main source of income. If this is via a job, specifically look for conflicts of interest and what needs to be communicated to HR or the managerial department before taking up these “side” positions. Secondly, once this has been perused, perhaps even with a legal professional, make sure to save up all receipts, invoices and operating expenses for declaration at tax time. Depending on the tax laws of different countries, a separate business entity may not have to be registered and “extra” income can simply be declared as individual income earned. Again, a tax law professional can help you file the papers needed but only based on meticulous records of what was earned and spent.

If there are two rules for successfully applying and gaining odd jobs in the neighborhood, they are these: one, take initiative and apply to every position possible. Secondly, don’t hesitate to follow up because sometimes people simply forget to respond.