Technology might be one of the more expensive things to spend your income on these days, but it’s also one of the most exciting. Wherever you look, the tech landscape is constantly rolling out new products to delight and engage its audience.

On the one hand, you have sensational smartphones ideal for keeping you connected to friends and family. On the other, there are gaming systems and consoles. After months of rumors, brands like Sony have entered the marketplace to confirm that the PS5 will be released in time for Christmas 2020.

If you’re more of a Microsoft fan, the brand’s new Xbox Series X will be available during the same time, making for a prime competition. For most of us, that means figuring out a way to save up for the latest console before the holiday season arrives. Here are our top tips to help.

1. Rework Your Budget

One of the easiest ways to make sure that you can reach your financial goals is to look at your budget. Budgeting can feel a little restrictive to some people, but it actually gives you a complete insight into where your money is going each month. Taking a close look at your cash flow might help you to see areas where you can save money, without changing your lifestyle.

For instance, could you consider cancelling the gym membership that you’ve been meaning to use for months now? On the other hand, what about refinancing your student loans? Refinancing a loan that didn’t come with the best deal can be an excellent way to upgrade your cash situation in no time.

2. Sell Old Tech

If you’re all about the latest and greatest gadgets right now, then you’re probably not going to need your old items as much anymore. If you are stocked with old games, smartphones, and other devices hanging around in your home, now could be the perfect time to have a clear out.

Don’t just leave those devices to gather dust as you spend all your time on your new console. You can sell old tech on everything from dedicated sites and stores, to eBay and online marketplaces from social media companies like Facebook. It’s totally up to you. Not only do you get some extra cash, but your old tech gets a loving new home too.

3. Earn a Little Extra Cash

Finally, if no matter what you do, you can’t seem to find any extra cash in your budget right now, then the best option might be to find a way to earn some extra money. For instance, you could consider taking on a part-time job online as a digital artist, a content writer, or even a virtual assistant.

The freelance world and the gig economy mean that it’s easier than ever to find jobs that fit around your schedule. You could find opportunities to earn money in no time, just by logging onto an online forum or a group on LinkedIn. There’s even the option to put your skills to the test on freelancer websites like Fiver and people per hour.