Are you looking to maximize every paycheck and squeeze as much as you can out of your income? With a few adjustments to your lifestyle and your finances, you’ll be able to increase the amount of money you bring in every month and maintain a healthy income.

Talk to your employer about a raise.

One of the most direct ways to increase your income is to talk to your boss about a pay raise. Though it can be a tricky conversation to have, if you feel you are doing a good job at work and have been putting in long hours, it may be time to ask for a pay bump. Consider how valuable your position at the company or business is, your relationship with your boss, and the skill set you provide for the company. If you have been working at the same company for over a year, have been doing a great job, and have received a good score on your performance reviews, you may have a good case for a raise

Do freelance work or part time work.

If your pay check isn’t quite cutting it, consider increasing your income by doing freelance work outside of your day job. Take odd jobs for family or friends that will add funds to your bank account. Remember that every penny you earn is one more dollar towards your overall income.

Start a side business.

Think about skills or abilities that you can channel into a viable side business. This could be a gardening or landscaping side business, or a freelance writing business. Try to maximize your skills and turn them into a unique business. Keep in mind running your own business will require a significant time and money investment, in addition to your current job.

Create sources of passive income.

Passive sources income are investments that create income with little involvement and time from you. This could be royalties from publishing a book, a song, or a piece of art, profits from a business partnership where you are a silent investor, or income from rental properties.

Reduce your rent.

If you are renting an affordable apartment or living space, focus on cutting down on other expenses like your internet costs, your cellphone, and your food costs. Reducing your expenses by 1000-2000 ksh a month can add up to more funds in your checking account and a higher income.

Bike or walk to work, rather than drive.

One of the biggest expenses is likely your car. From the car itself to car maintenance and insurance, it can be a big money suck. When possible, bike to work or to run errands rather than pay to fill up your gas tank and using your car.

Do free leisure activities.

Minimize your recreational spending by looking for free activities in your area or city. Go for hikes or walks, attend free street fairs or local events, and take advantage of entertainment that doesn’t involve spending money.