Imagine having extra money to achieve your goals; to pay off debt or spend on the things you love (e.g., a beach holiday).

Think about it — how much faster would you hit your financial goals if you could earn extra money.

Say, an extra RM100 or RM300 per month in the bank?

“But how?” you ask? ;)

For this post, I want to share 3 uncommon, yet highly effective ways to have more money in the bank!

1. Automate, automate, automate

For those who want to save but have yet to start. *coughYOUcough*

Problem:

Sometimes it’s hard to resist the temptation to get that cuppa, right? That, or you start spending your money as soon as you get paid.

Solution:

One way to keep those itchy hands from all your moolah, is to make sure a certain percentage of your income goes to your savings!

Step 1. Create a separate bank account (or sub-account)

Step 2. Have it setup to transfer X% from your main account to your savings (sub)account automatically at the end of each month. This is a one-time setup, which ensures that you save consistently each month!

Why you should try this:

This is probably one of the easiest things to do that will have you smiling at your bank balance by the end of the year. Out of sight, out of mind! You can’t spend what you don’t have with you or have easy access to.

As the saying goes, “Sikit-sikit, lama-lama jadi bukit!” ;-)

2. Earn More Money On The Side

There’s a limit to how much you can save, but there’s no limit to how much you can earn. 

Problem:

How do you earn extra money on the side if you already have a full-time job or commitment (studies, housekeeping, etc.)?

Solution:

Earlier this year I wrote a post on “7 Ways To Earn Money Without Having An Actual Job” and the feedback’s been great.

Read the full article here to get ideas on things you can do to earn more at the side.

If you’re looking for a simple way to earn, do check out 8Share.

Why you should try this:

If you’re trying to save more money, why not earn more money at the same time? After all, it never hurts to have a little extra in the bank for a rainy day.

3. Be so kick-ass they can’t ignore you

Use your mastery to negotiate for more control in your job.

Problem:

“I don’t think I’m getting paid enough for my chosen profession”

Solution:

Constantly look out for workshops related to your industry or line of work, find a mentor that you learn from or make it a point to listen to audio podcasts on the way to work to make sure you’re up-to-date.

Sounds pretty counter-intuitive but spending on growing yourself will return much higher rewards down the line. :-)

Why you should try this:

The concept is really simple – be so good at your job that a raise is inevitable. Sounds like a lot of hard work and may not guarantee a good raise, right?

Well, think of it this way, being awesome at your job puts you in a better position to negotiate for a raise, choose the tasks or projects you WANT and makes you more valuable in the job market if you’re looking for options!

Here’s a great excerpt of an article on Cal Newport’s book “So Good They Can’t Ignore You”:

“Take control of your career to gain benefits that resonate with you… When your skills become valuable enough, finding clients will never be a problem again.

The better you are, the more doors will open for you. You’ll have the freedom and flexibility to jump for whatever opportunity seems most promising to you.”

giphy Embrace the hustle peeps! ;)

Have other tips on how one can have more in their bank? Let me know at the comments below!

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