If you have jewelry, you have an asset that comes in handy during tough times. Unless it’s an engagement or wedding ring, you should consider selling your jewelry pieces to help you climb out of a debt hole.
If you have a spare room in your home, why not put it to use?If you are in $10,000 of debt, a simple $500 PCM room can earn you $6,000 in one year. However, you will need to be willing to live with someone new.
If you live in a busy neighborhood and you have a private parking space or perhaps a driveway, why not rent it out? It’s common practice for driveways in cities like London, New York, and Los Angeles to be rented out to young professionals who rent a room close to homes with private driveways.