Art & Entertainment | Book Reviews | Education | Entertainment Video | Health | Lifestyle | Sport | Sport Video | Search

 

Oily Rag Budget 2013

Oily Rag Budget 2013

By Frank and Muriel Newman

It’s Budget week for the government, and our learned politicians in Wellington have again being preaching the virtues of surpluses, the vices of debt, and the need to live within your means.

While the amounts are obviously much smaller when it comes to household budgets, the principles are nevertheless the same: spend less than you earn.

Unlike the government, increasing family earnings is not as easy as increasing taxes as most of us do not have a captive population that can be squeezed a little harder as the need for more money arises! We have to work more hours or work smarter.

Here are three big oily rag ideas about how to earn more.

Big Oily Rag idea #1. Make better use of “down time”. According to Statistics NZ every person watches about 14 hours of television a week. That’s equivalent to about 2 days working, or just over $190 a week for the person on a minimum wage. How about using that down-time for casual work, or on money-saving activities like growing your own vegetables and selling or swapping the surplus! The benefits should be multiplied by two in a two-person household.

Big Oily Rag idea #2. Clean out the garage. Although the amount of money tied up in household items may not appear very great, most families accumulate various “bits and pieces” that are no longer of use. It needs to be admitted that oily raggers are known to be hoarders, so they usually have lots of stuff that can be turned into cash. Surplus assets typically include: a second car, sports gear, boats, books, caravans, clothing, old furniture, and so on. When sold, all these bits and pieces can add up to serious money that can be used to knock a serious dent in a family’s mortgage - or can be converted into something else that could bring pleasure.

Big Oily Rag idea #3. Never go past something that’s free. Everything is worth something to someone. One oily ragger recalls being offered a piece of old machinery that was cluttering up shed space. The oily ragger jumped at the chance. He sold the workable parts through an online auction site and other bits to a scrap dealer, all for a tidy sum.

Those three ideas are just the tip of the proverbial iceberg when it comes to money-making ideas. Here are a few others to show just how creative the oily rag community is.

• Lots of businesses now have internet based office systems, which means admin’ work can be done from anywhere, including your home. This is ideal for home-based parents with office skills wanting to earn a few extra dollars.

• If you have spare space in the garage (because you implemented Big Idea #2!), rent it out as storage. Offer the space, for a small fee, to friends or family heading off on their OE.

• For those with spare land, grow Christmas trees! (Otherwise known as pinus christmasitis!) This cash crop will be ready at exactly the time when you are likely to need a little extra.

• Become a courier. If you routinely travel long distances, offer to be a document or parcel courier to businesses in your area. The business gets personal service at a super-cheap rate, and you get someone else to pay for your petrol money. What a super idea!

These are just some ideas to help you add some dollars to the top line of your budget. Let us know if you have some “secret” money-making ideas you would like to share with readers – send it to us by visiting the oily rag website or dropping us a line at Living off the Smell of an Oily Rag, PO Box 984, Whangarei. The book Living off the Smell of an Oily Rag by Frank & Muriel Newman is available from all good bookstores or online at www.oilyrag.co.nz.

* Frank and Muriel Newman are the authors of Living Off the Smell of an Oily Rag in NZ. Readers can submit their oily rag tips on-line at www.oilyrag.co.nz. The book is available from bookstores and online at www.oilyrag.co.nz.

ends


© Scoop Media

 
 
 
Culture Headlines | Health Headlines | Education Headlines

 

Reuben Moss' Property is Theft! & Kaitani at The Physics Room

Property is Theft! continues Moss’ interest in the contemporary urban environment as a space controlled by pulsing and unequal flows of capital and labour. Kaitani features work by the University of Canterbury Fijian Students Association and Kulimoe’anga Stone Maka. More>>


Handcrafted Form: Rare Treasures From Japan

This unique exhibition at Expressions Whirinaki represents 90 everyday objects made by contemporary Japanese artisans who employ various traditional craft techniques made in regional workshops. The works used in daily life are crafted from raw materials with techniques appropriate to bringing out the best of its medium, balancing ease of use with aesthetic appeal. More>>

Howard Davis Article: A Musical Axis - Brahms, Wagner, Sibelius

Brahms' warm and exquisitely subtle Symphony No. 3 in F major, Wagner's irrepressibly sentimental symphonic poem Siegfried Idyll, and Sibelius' chilling and immensely challenging Violin Concerto in D minor exemplify distinct stages of development in a tangled and convoluted series of skirmishes that came to define subsequent disputes about the nature of post-Romantic orchestral writing well into the following century. More>>

Scoop Review Of Books: A Pale Ghost Writer

Reviewed by Ruth Brassington, Richard Flanagan's new novel is about a novelist hastily ghost-writing the biography of a crook about to go to trial. The reader is kept on a cliff-edge, as the narrator tries to get blood out of his stone man. More>>

New Zealand Wars Commemoration: Witi Ihimaera's Sleeps Standing Moetū

The second of several articles to mark Rā Maumahara, remembering the New Zealand Land Wars. The first was a Q&A with Vincent O’Malley, author of The Great War for New Zealand: Waikato 1800–2000. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • CULTURE
  • HEALTH
  • EDUCATION
 
 
  • Wellington
  • Christchurch
  • Auckland