3 Easy Ways to Make Money this period | BasedOnNews

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3 Easy Ways to Make Money this period – Notwithstanding the situation in the world at large, stomach does not want to know as it needs food all the time. Thus, this article to guide you on three (3) easy strategic ways to make money this period. Let nothing stop you from making money this period, try this 3 techniques and see yourself returning back to your usual stand.

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Ways to Make Money this period

Take out a personal loan

Loan has been an easy way to survive and as well make money. When you take loan, don’t just use it for family consumption, rather invest it. Start up something or grow an already existing business to enable you pay back the loan and still have more for yourself as at when due.

Personal loan in one way will help to boost you and your business within this period at least to surviving level if well used

Get a 0% APR credit card

This will be more applicable to those that can pay back any money they spend within a short period of time. It is advisable to go into getting a zero percent APR credit card. These cards offer the opportunity to spend on the card without accruing interest charges on new purchases for a set period, usually between 18 to 24 months.

That said, if you’re looking for funds to pay off existing debts, a balance transfer card is likely going to be a better choice. Balance transfer cards allow you to combine multiple debts into a single monthly payment and typically offer a lower, introductory interest rate, which can reduce the amount you pay in interest charges overall.

Also Read; 12 businesses you can do as a side hustle and earn massively

Tap into your home equity

You can tap into your home equity of the home you built not rented one through mortgage payments. Here, you have two options. If you need a set amount of funds for a big purchase, your best bet will likely be to get a home equity loan. However, if you’d rather have access to a pool of funds that you can pull from as-needed, you might be better off getting a home equity line of credit

Home equity loans function like any other installment loan. With these loans, you’re given a set amount of money in a lump-sum. Then, since these loans come with fixed interest rates, you’ll have a set monthly payment to make until the loan is paid off in full.