Contributed by Jennifer Andrews, Catalogs.com Top 10 Guru

Most people in life would love to have more money in both their pockets and bank accounts.

Money is essential for putting a roof over your head, clothes on your back and food on your table. In addition to life essentials, money also provides for the things we want in life including vacations, the latest fashions, dining out and entertainment.

Whether you are looking for extra money to pay for the things you need and want in life or to start saving for the future, there are several ways to increasing your money. Try a few of these top ten ways to double your money for financial gains and rewards.

10. Work more hours

Putting more hours in at work can help you increase your income. If you are only working part-time, making the transition to full-time hours will double your income. Working over-time and on paid holidays is another option as companies will often pay double your usual wages on those days.

9. Get another job

You can double your money by getting a second job. If you work during the day, find a job that is seeking evening and weekend employees. Avoid working 20 hours a day by looking for a job that pays higher wages.

8. Ask for a raise

Asking your boss for a raise or a promotion is a great way to double your income. Compile a list of your strengths and accomplishments to present to him or her at your next performance review to increase your chances.

7. Cut back on expenses

Working more is not the only answer to doubling your money. Rather, you can save money by cutting back on expenses such as cable TV, eating out and shopping to double your money and net income.

6. Combine finances

Getting married or living with a partner as a common in-law may be an suitable way to double your money. It’s easier to buy a house and save for vacations when there are two incomes coming in.

5. Stock and investments

Investments should only be entered with extreme caution and after thorough research. However, if you have an appropriate investment opportunity presented to you, it may be a sure-fire way to double your money.

4. Retirement savings and accounts

Talk to your personal bank about setting up a retirement plan or opening an account that can have you doubling your money safely.

3. Lower interest rates

Check the interest rates of all your current money accounts, credit cards or line of cards to see what you are paying monthly and annually. Speak to a bank or financial representative and negotiate your way to a lower rate to double your money over time.

2. Real estate

Real estate can be a great way to double your money if you do it the right way. Many people purchase homes today with the intention of fixing it up and then selling it a higher price for a net gain.

1. Budget and tracking

Set up a budget plan to determine your financial income, financial needs and wants and allot money to each area accordingly. Writing it down can help you visually see where you can cut back on expenses and prevent you from making impulse buys or decisions that drain your savings accounts.