People often think that small lifestyle changes will only have a small or unnoticeable impact on their Debt and savings. But that’s not true! Making small, deliberate changes can help you climb out of debt and increase your savings account balance. If you’re trying to save Money and reduce your debt, put a few of these tips into practice. Remember, you can only save so much money. The next step to changing your financial life is to make more money!

Recycling

Everyone uses recyclable materials, but few people actually recycle. When you buy cans, plastic cartons, and glass bottles, don’t just throw them away when they’re empty. Keep a large trash bin nearby to collect them. You can even collect scrap copper (don’t steal it), newspapers, and cardboard. When you have a full load, head over to your local Recycling center to Cash in. Not all recycling centers will pay you, so you need to call around to see how they handle such material. You’re not going to get rich dealing with recycling, but you can add a few dollars here and there.

To rack up even more eco-friendly cash, ask your neighbors if they would like to help you in your recycling efforts and suggest that if they add to your collection, you’ll take the items to the recycling center for them – and keep the profits for your trouble, of course.

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• Check Out Our Making Money Section

Sell Plasma

Selling plasma is a great way to earn some Extra Cash and help a good cause. Blood plasma is used in a number of different scientific studies and medical practices. If you’ve ever donated blood to the American Red Cross or a local hospital, it’s pretty much the same thing.

You’ll go in, fill out some forms, answer a handful of medical questions, and have your blood drawn. Most donation centers compensate you immediately in the form of $15 to $50 per donation. So if you’re not squeamish around needles and you need some extra cash, find a plasma center near you.

Cut Small Expenses

While cutting expenses is not really making money, but it is keeping more of what you do earn. Do you really need that cup of premium coffee in the morning or a subscription to every magazine? Probably not. Cutting small expenses can make a big impact on your finances. Every bill or expense you remove puts more cash in your pocket for savings and debt elimination.

This is really just called the “latte factor,” where you don’t think of your coffee costing that much, but once you add it over over a full month, it could be hundreds of dollars. I found this out when I started bringing a sandwich to work everyday in order to get out of debt. It helped me save nearly $10,000 due to lunches and interest rates I could have been paying.

Free Tool: Track All of Your Expenses for Free with Personal Capital (I do!)

Tutor Students

If you made it through high School, then you have a lot of knowledge to pass on to students who are struggling to pass eighth grade. Think about your favorite subject in high school or college and offer to tutor middle and high school students in your preferred subject. Parents want their children to succeed in school, and they’re willing to hire people to help their student make the grades.

Post some fliers around coffee shops, book stores, grocery stores, and even school campuses. You can set your own hourly rate —most tutors charge $15 to $30 per hour, depending on the income levels of families in their neighborhood — and you’ll be helping kids reach their academic goals. You don’t need an advanced degree to be a tutor. All you need is to be able to do the particular task and have a bit of patience.

So whether you want to help the environment, advance science, trim down your expenses, or help a student in need, you’ll find many lucrative ways to make some extra cash on the side and pay down that debt.

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