13 tips to get you cash for Christmas!
Do you need to find the money for Christmas but don’t know how you’ll do it? The average Christmas spend is $1,000 to $2,000 for most countries with Aussies totalling over $10 billion alone on gifts! With Christmas only a few months away I know it’s stressing some families out. Here we share how you can easily get $2,000 without changing too much or putting in too much effort. In the second part of the post we share all the ways to get what you need for Christmas discounted or free, including travel!
This post does contain affiliate links to products and services we use. Read the full disclosure here.
Tips To Make Money For Christmas
My biggest tip, for everything we suggest here and the money you save or make, put it in a designated Christmas fund! It’s easy to have a small amount absorbed into what you do every day so make sure you transfer it to your Christmas fund.
1.) Open a bank account – $75 bonus
If you open an ING everyday account you could be eligible for a $25 bonus. Use this to kickstart your Christmas fund and be the place to store your Christmas cash! Use the code CNW116 to get the $35 when you sign up here if you’re a new customer.
Currently, I saw Westpac also has a $50 new customer bonus and keep an eye out for other bank bonuses. Be aware, opening and closing bank accounts, credit cards etc impacts your credit score so if you’re planning on a home loan or similar in the near future, don’t open a bunch of new accounts or credit cards.
2. Set up a regular payment – $600
It’s the 1st of October as I write this, but when you read it, it could be less… Check out the countdown below. Knowing how long you have left, start saving for Christmas now! $10 a week between now and Christmas will give you $120 which isn’t a lot but it’s better than nothing! If you can up that to $50 a week you’ll have $600. Or use the tips below to get the cash you need.
3. Utilise discounts – $85+
If you haven’t already, you could try HelloFresh and get $35 off your first box here. Also, Marley Spoon has $35 off the first box here to save you. With both of them, be sure to cancel the subscriptions or pause them so you don’t continue to get charged.
4. Online surveys – $500+
For example, I have $7USD worth of surveys I can do right now with Vindale, $21.48 worth in Octopus Group and I have $25USD waiting to be cashed out in Swagbucks. You can check our list of the best Aussie online survey sites here which have been tested by us. Save up the points or cash to cash out in December or start cashing out now and putting it in your Christmas fund.
5. Raiz – $2.50+ and Spaceship $20+
I’ve been using Raiz for a while now (previously Acorns) and compared it to a high-interest savings account. Personally, I made more with Raiz than I did with interest from the bank. Usually, if you need money fast, shares are not the place to put it because you can risk losing it. If you want a $5 bonus though, you can sign up, make a deposit and get the $2.50 bonus then cash out later. Or keep your money in there and potentially get dividend payments and increase the value to cash out for Christmas.
Spaceship offer the same service but currently have a $20 sign up bonus with the code KTRAVERS9DU
6. Sell stuff – $500+
I’ve made over $10,000 in a month buying things to resell. You can find all my tips here, plus posts about it from last year here (how I made $2,750) and here (I made nearly $9,000) and here. Look around your house and list anything you don’t need for sale. It’s amazing how much stuff we have when we look for it. Alternatively, have a garage sale so it’s all done in one hit. Check out this post for tips on hosting a killer garage sale.
7. Cash in reward points – $100+
Flybuys are having some killer promotions at the moment so check your points and either keep saving them or cash out now to put the money towards Christmas. By this, I mean use the points on groceries and put the amount you budgeted for groceries in your Christmas fund. Download the app and check it to see what offers you have. Don’t spend just for the sake of chasing points, but do shop smart.
Check your Woolworths Everyday Rewards and any other VIP/Loyalty program you are a member of. It’s surprising how much we can have sitting there which can be used. If you haven’t already, check out this list of VIP and loyalty programs (many with sign up bonuses you can use now for Christmas), plus this list of Aussie freebies. Don’t forget too, when you’re shopping, use these tips to get discounts on everything!
8. Rent out a room – $2,400
Last year when I went away for Christmas I made $1,300 in 5 days on Airbnb. Other years I have rented a room for around $200 a week to a boarder or $70 a night through Airbnb to different people. With 12 weeks until Christmas, that would be $2,400! Read my top tips for Airbnb here.
9. Mystery shopping – $100+
Most mystery shopping I have been offered was clothing or food between $20 and $50. Do a few shops to get both cash and items you can use for Christmas. Find out how in this post.
10. Market research – $100+
Market research companies typically pay $100 for an hour of your time giving feedback on a product. Some are done from home, others on the phone but most are in an office. Check out how to do it in this article.
11. Offer services- $500+
Check out Airtasker, Gumtree and similar sites to see what odd jobs people need to have done such as delivering items, setting up furniture, connecting TV’s etc. Offer your services for ironing, babysitting, cleaning, lawn mowing or anything else you want to take on. This time of year requests for domestic services increase and you could easily make some money with friends and family connections.
Most of these services pay between $20 and $50 per hour. A few hours a week could easily make some good cash.
12. Medical Testing – $500 to $10,000
While it’s not everyone’s idea of fun, I tested this out last year and was paid $4,050 to test a medication which helps a condition I have. It had already been tested and I posted about it here. They regularly need testers for different medications and the pay I see is usually $1,000+. You will need to be able to stay overnight for a few nights for most of them.
13. Rent your car out $300 or more + save on insurance
If you don’t use your car all the time, Car Next Door could be a good option for you. Sign up, list your car and make money when people book it. On top of that, as a Car Next Door member your insurance is covered by their fleet insurance. If you want to test it out as a user to see if it’s ok first, get $15 off your first booking here. I use it all the time and love it.
Tips To Save Money For Christmas
Making money for Christmas is one thing, but what if you could get things for free, utilise discounts and make your money stretch even further? You might be able to use your Christmas fund for something else instead! Here are some tips and loads of discounts for you.
1.) Plan it out
What do you need money for? Who are you buying gifts for and what gifts are you buying? Are you travelling and how much do you need for that? For example, I have two kids to buy for and they like to buy something for me. We have grandparents and tend to travel to Canberra for Christmas. We draw names out of a hat for between the cousins so I only buy 2 gifts there. All up, it’s not a lot of gifts.
I rent a car to go to Canberra, budget for petrol and sometimes we go for an extra trip elsewhere. If we do the extra travel, I use Airbnb (get $55 off your first booking here). Also, my kids get to go to Myer and select a Christmas decoration each year as part of our Christmas traditions.
Write down all the gifts, travel, food, decorations and other expenses you need to budget for. Decide what you are willing to spend and how you will do it then stick to it.
Use a free app such as Santa’s Bag to organise your gift list then look at ways to do presents cheaper such as using sign-up bonuses, freebies, entering competitions and giveaways anywhere you see them etc. For example Howards Storage World, Kikki K and The Body Shop all offer $10 when you sign up. You can find a full list of sign up freebies here.
Alternatively, cash in your points from different loyalty programs to use towards gifts.
If you shop online, make sure you sign up for Cash Rewards and PricePal then add their extension to your Chrome browser. They pop up when you can get cash back on any purchase. This could save you hundreds!
Can you make gifts or do you plan to? Work out what items you need and how you can do it on a budget. We’ll share some easy, budget-friendly DIY gifts soon!
For accommodation I love Airbnb and you can get $55 off here or, as mentioned, you could look at renting your place out to make money while gone. My area sees an increase in prices around this time of year and I know others who make $500 to $1,500 for a week.
For car hire, I use Car Next Door (get $15 off here) or if I have to travel interstate such as for Canberra or on our recent trip in Cairns, I use Easy Rent Cars. If you need to Uber get $10 to $25 off your first ride with the code kyliet591ue.
Shop around, compare prices and make sure you get the best deal on everything you do!
2. Get Discounts!
Why pay full price when you don’t have to? Shopping around once you have everything planned out will save you heaps. Plus, if you’re spacing the shopping over the next few months it won’t feel like such a big financial drain. Be sure to keep track of it all though. Here are some of my favourite discounts and places to get bargains to help you.
Books are a must-have gift in our house and Book Depository is the cheapest usually plus they have free shipping. Customer service is brilliant with them and the postage is fast!
Catch – always loads of bargains from shoes to beauty products, food to appliances, clothing, everything!
Feeling Sexy is my favourite for perfume. I have been buying from them for 6 years now and have loved it all plus the prices are brilliant.
Sephora is the best for a wide selection of makeup and beauty items.
Adrenaline is amazing for experience based gifts plus with up to 67% off regularly! I did a weekend with them once including horse riding, swimming with dolphins, a hot air balloon ride and a helicopter ride. My kids still talk about it!
Collette is one of my favourites for bags and accessories. They often have bags buy one get one half price or 50% off sales.
Groupon is another great site for experience gifts, restaurant vouchers and other things with a huge discount. One year, I planned a whole day for a friend with gifts every hour and different experiences they wanted to try, all from Groupon and they loved it.
Be sure to read all my tips to get discounts here.
3. Create Traditions
The important things to my kids are the ones we do every year, our traditions. When I was growing up we had a specific advent calendar, did a church service, put up the Christmas tree on a specific day and other things like that. With my own kids, we decorate the tree together, they have an advent calendar and they pick a decoration from Myer each year. We also go see the display in the Myer windows in Melbourne CBD now we live here. Driving around to look at Christmas lights is another activity they love.
What traditions can you do? Look at the events on in your area such as Christmas carols, Christmas markets and festivals then choose some to have as your traditions.