5 smart ways to change your finances and earn more money

For some people, no matter how they manage their personal finances, they seem to come up short or constantly live paycheck-to-paycheck. However, there are some simple ways to earn more money and make your financial life a little bit easier without going to the blood bank each month.

Here are five smart ways to change your finances and earn more money:

1. Consider a second job
One of the fastest ways to get financially stable again is to take on another job. According to Trulia, a second job could increase your income, but you need to make sure it doesn't eat up all your free time or pay poorly. If you have a second job, it should be part-time and easily fit into your schedule. While financial concerns might be keeping you up at night, the last thing you want is to worry about another job.

"So find a second job that you love, like working for a nonprofit - or maybe the job is in a field that you've always wanted to work in," said Chris Pimpo, certified financial planner for LearnVest Planning Services, according to the source.

2. Change your direct deposit
Many people simply let their entire direct deposit go straight to their checking accounts or take out only a little bit for emergency savings or a retirement account. To truly change your finances, start splitting your direct deposit and move a large portion into your savings accounts.

According to Southwest Business Company, by splitting your direct deposit, you can earn interest in a savings account . This is important because it will help you not spend your money as quickly. This might make you tighten your wallet with less in your checking account, but you'll be happy you did when you notice extra money in your savings.

3. Sell items sitting around your home
With the Internet, you can find someone in the world who is willing to buy your used items. If you notice you haven't touched a kitchen appliance, a bicycle, a book, vinyl records, a video game console or some other electronic gadget in months, maybe it's time to consider selling these belongings.

According to the blog Money Savings Expert, selling these items can add extra money to your finances and help declutter your home at the same time. We tend to hold on to things for longer than we need, and selling your extra stuff could help you get in a better financial position.

4. Change your living space
Whether it's moving to a cheaper apartment or adding another roommate, these living space changes can help you save money dramatically. You might not like the idea of having an extra roommate, but just a year of another person in your home could save you thousands.

Also, finding a cheaper apartment or home might be a decision to consider. You might have splurged when you decided to get the apartment with better amenities, but if you're serious about improving your finances, moving to cheaper spot could possibly help you save an extra $100 a month.

If you live in a home, consider using sites like AirBnB to rent out rooms for a few weekends to earn some extra cash. It's a quick way to use your space for financial gains.

5. Talk to a financial management expert
By speaking with one of our friendly staff members, you could get more assistance on improving personal finances. Managing your money doesn't have to be something you do on your own, and talking with a financial management expert could get you on the right track.

For more information about smart ways to manage your finances, contact Landmark Bank.

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