8 Ways to make some extra cash for Christmas

Yahoo7 Moneyhound Updated November 18, 2011, 1:52 pm

Hasn’t the year flown by with less than 40 days to Christmas! If you haven't even started planning and preparing for the Christmas holiday expenses, it's not too late to find some creative ways to get some quick cash together and avoid racking up your credit card spend.

It might take a bit of effort, but it will be worth it when you are enjoying your Christmas guilt free, and starting the New Year without the debt!

Here are some easy ways to make some cash from the chapter ’55 ways to make some extra cash’ in Save It. (More From Moneyhound: Are You Prepared For The Next Financial Crisis?)

1. Sell your unwanted items

It is estimated that Australian household’s have approx $3000 worth of unwanted goods lying around that can be turned into cold hard cash. Hold a garage sale, or advertise your items on Gumtree or eBay to get some cash and de-clutter your home at the same time.

2. Sell silver and gold

There are many places that buy your unwanted jewellery, or you can even get together with your friends and host a gold party. According to Cash for Gold Australia, as at 3/10/2011 they can pay around $20 per gram for 9 Ct and up to approx $50 for 24Ct. (More From Moneyhound: Want An Extra $100,000? It's Easier Than You Might Think)

3. Get a roomie

If you have a spare room consider renting it out either short or long term. You might not only make some extra cash, you might also make a great friend in the process and enjoy the mutually beneficial arrangement.

4. Rent your yard

If you have space in your back yard, you could advertise it to store a car, caravan, or boat. With many people downgrading to smaller homes or units, your yard might be a much cheaper and convenient option to other storage options. (More From Moneyhound: Ditch These 8 Things And Save Money)

5. House minding services

Look after other people’s houses while they are away on holidays by watering gardens, taking in mail, and even looking after pets. Do a letter drop in your immediate area, or get your friends and family to spread the word.

6. Start answering questionnaires

Yep, I am talking about doing online surveys. There are many reputable companies out there that reward you with points for completing questionnaires. Once you have accumulated enough points you can usually redeem for cash or gift cards. Just make sure to look into how they pay and work before you start. (More From Moneyhound: Travelling Overseas Soon? Take The Right Credit Card!)

7. Get a Christmas job

Many retailers employ casual staff for the busy Christmas period, giving you the opportunity to make some extra cash for a few months without committing to a part time job. Print out some copies of your resume and drop them into stores in your local area where you would like to work.

8. Draw on a crafty skill

If you are handy, you might be able to make things that you can sell at your local Sunday Markets. Sew plastic bag bags, cushions or dog coats, make chocolate fudge and brownies, or sell your artwork. (More From Moneyhound: Be Free Of Your Mortgage Sooner And Save $1,000's)

Source: Esta Hammond, author of 'Save It – easy ways to save money' and founder of

More from Easy Ways to Save Money:

Can You Afford To Sell Your Home At Auction?

More from Moneyhound:
Are you Prepared For The Next Financial Crisis?
Driving In Your Debt - Avoid These Costly Car Loan Mistakes
5 Tips For A Well Balanced Budget
Measuring Your Solvency
Top 10 Saving Tips For Christmas

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