Explore alternative income streams to boost debt repayment

Paying off debt can be challenging, especially when relying solely on your primary income. For those in the UAE seeking ways to increase their income quickly without access to capital, exploring alternative income streams can provide the financial boost needed to accelerate debt repayment.

Freelancing and gig work

Utilise your skills and expertise to offer freelance or gig services.

• Writing and editing: Platforms like Upwork, Fiverr, and Freelancer allow you to offer services such as content writing, copywriting, and editing.
• Graphic design: Use websites like 99designs or DesignCrowd to find design projects.
• Virtual assistance: Offer administrative support through sites like Belay and Remote.co.

‍Benefits:

• No upfront costs required.
• Flexible hours that can fit around your primary job.
• Potential for high earnings based on your skills and experience.

Part-time and remote jobs

Take on a part-time or remote job to supplement your primary income.

• Customer service: Websites like Remote.co and We Work Remotely list remote customer service jobs.
• Data entry: Find data entry gigs on platforms like Clickworker and Amazon Mechanical Turk.
• Tutoring: Offer tutoring services in subjects you excel in on sites like Superprof and MyPrivateTutor UAE.

‍Benefits:

• Steady additional income to allocate towards debt repayment.
• Opportunities to work from home or during flexible hours.

Online marketplaces for services

Offer your services on online marketplaces where people are looking for short-term gigs.

• Pet sitting and dog walking: Offer pet care services through platforms like PetBacker and TrustedHousesitters.

‍Benefits:

• Flexible work hours that you can control.
• Immediate earning opportunities.

Selling unused items

Sell items you no longer need to generate quick cash.

• General items: Sell on Dubizzle, a popular classifieds website in the UAE.
• Clothing and accessories: Use platforms like Bazaara to sell gently used clothing.
• Electronics and gadgets: List items on platforms like Cartlow and Northladder for electronic devices.

Benefits:

• No investment required; just sell items you already own.
• Quick way to generate cash.

Participating in online surveys and market research

Earn money by participating in online surveys and market research studies.

• Survey sites: Join websites like YouGov Middle East and Toluna to complete surveys for cash or gift cards.
• Market research: Participate in focus groups through sites like SurveyMonkey and IPSOS UAE.

‍Benefits:

• Easy to start with no upfront costs.
• Can be done in your spare time.

Teaching and coaching online

Share your knowledge and skills by teaching or coaching others online.

• Language teaching: Teach English or other languages on platforms like VIPKid and Italki.
• Fitness coaching: Offer virtual fitness classes or personal training on sites like Trainerize.
• Music lessons: Provide music lessons through platforms like Lessonface and TakeLessons.

‍Benefits:

• Utilise your existing skills and knowledge.
• Flexible scheduling and the ability to set your own rates.

7. Microtasks and short gigs

Complete small tasks or gigs for quick pay.

• Microtask platforms: Join Clickworker, Amazon Mechanical Turk, and Microworkers to complete small tasks for pay.
• Gig apps: Use apps like Gigwalk and Field Agent to find short-term gigs in your area.

‍Benefits:

• No long-term commitment required.
• Quick and easy way to earn extra money.

How Eltezam Can Help

Eltezam, a debt collection agency in the UAE, offers various options to help you manage and resolve your debt. By exploring payment plans and receiving structured support, you can take control of your financial situation and work towards becoming debt-free.

By exploring these alternative income streams, you can quickly boost your earnings and accelerate your debt repayment. With the right approach and dedication, you can overcome financial challenges and work towards a more stable and debt-free future.

‍