It’s a good idea to focus on making cash

A typical flea market shop, in Germany

Image via Wikipedia

Time to start that side business if you haven’t already. A CASH side business is the best idea.  By spending a couple hours a week and putting some cash in your pocket, you might have a little bit more protection tan if you just keep relying on the credit card and spending every dime you earn every paycheck.  Look for more on the cash economy here are Saving Cash Tips.

Here are a few ideas to get you started:

- Sell your stuff on Craig’s List – cash only
- Set up a table at local flea market, swap meet
- Fix up used cars and resell them
- Sell services: piano lessons, computer spyware cleanup, home or office organizing, house cleaning, day care

You can also start thinking in terms of barter and trade. For example, post on Craig’s List has a barter section, but you can also post under for sale.  (We’ll be posting links to other good places to sell and market your stuff in future posts.)

Anything you can do to bring in cash, or make extra money, is going to be a good idea right now.  I’m recommending that if you’re selling using PayPal or some other service that credits a bank account, that you pull the cash as soon as you can, and hold onto it to invest in something else.

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