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Beat fiscal cliff blues by making extra money in 2013

Jan. 3, 2013 at 6:49 PM ET

To make extra cash in 2013, CNBC's personal finance correspondent Sharon Epperson recommends using one of several innovative new sites for picking up work on the side.

A resolution on a lot of lists is to make more money this year. But how can you do it with the economy still tight and unemployment at 7.8 percent? New groundbreaking sites for getting your side hustle on are one solution CNBC's personal finance correspondent Sharon Epperson shared with us in a live online chat with TODAY Money readers.

TODAY: The big news that just happened is that finally, finally, the fiscal cliff has been averted. But average citizens didn't escape unscathed. Bottom line: how is the fiscal cliff fallout going to take a bite out of my wallet?

EPPERSON: The fiscal cliff has been averted, but the payroll tax holiday has gone away too. Payroll tax rate is 6.2 percent this year, up from 4.2 percent last year. That change may amount to about $1,000 for someone earning $50,000 a year.

For more tips, check out Sharon's article on 5 ways to put extra cash in your pocket in 2013.


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