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20 Simple And Creative Ways to Earn Money

20 Simple And Creative Ways to Earn Money

We could all use some extra cash. Whether it’s to pay off your debts faster, save up for a vacation, or buy yourself that new gadget you’ve been wanting, it’s always helpful to have that little extra in your pocket. Luckily, there are a myriad of ways to make yourself a nice little side income, and you can do these whether you have a full time job or you’re looking to work from home. Try these tips out and start earning now:

1. Sell your old clothes

You’ve probably got old clothes sitting in your closet that you’ve forgotten all about. Clear them out and sell them online on sites like eBay or ThredUP. With ThredUP, you can get paid almost instantly if you’re selling less than $60 worth of clothes. Clear out the clutter and make some money along the way. It’s a win-win.

2. Tutor children

This tip works especially well for students, as they can tutor in the subjects they’re studying themselves. Teach the subject you enjoy and set your own hours. Sign up with a website such as Tutor.com and make around $9 per hour to start with.

3. Become a mystery shopper

Love shopping? Become a mystery shopper and get paid to go shopping. Sign up with a site like Marketforce and pick out assignments to do. Go undercover in stores and restaurants. Then, fill in the form after your visit and collect your money. The profit you make isn’t large, maybe a couple of dollars on a typical job, but it’s a great way to get your meals out and other luxuries paid for.

4. Scan your receipts for cash

You have to buy your essentials regularly, so why not earn some extra money for doing so? The Ibotta app offers rebates on certain products, from milk and eggs to luxury products like Birchbox subscriptions. If you’ve purchased something included in the app, use your phone to scan your receipt and get a rebate. The rebates vary in price, from 25 cents for a can of Reddi-wip to $2 for a bottle of sunscreen, but they can quickly add up.

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5. Recycle your phone

If you’re about to upgrade your phone, don’t let the old one sit around doing nothing. Try a site like The Whiz Cells, which will find the best price and buyer for your phone. The money you make depends on the model and condition of your handset. For example, an iPhone 4S in good condition can go for around $60.

6. Drive people around

If you have your own car and want to work flexible hours, working as a driver for Lyft could be for you. Lyft is an app that lets people request drivers near them. It promises to be quicker than hailing a traditional cab. As a driver, you can make around $35 an hour with them.

7. Rent out your house

Do you have a spare room you never use, or are you often away from home? Why not rent out your space to travellers for cash? Airbnb will let you list your place for free, and you can set your own availability and pricing. What you can make varies, but this blogger made $2,276 a month renting her place out.

8. Do surveys online

Many companies are looking for people’s opinions to improve their products and advertising, and they will pay you for your feedback. Sign up with a site like Swagbucks or MySurvey and fill out surveys in exchange for points, which you can cash in for Paypal payments or coupons for your favorite stores. What you earn depends on how many surveys you complete, but the smallest payout on MySurvey is $10, which you can earn rather quickly.

9. Get paid to tweet

If you have a large Twitter following, companies may want to pay you to promote their products by Tweeting about them. Companies such as Sponsored Tweets will pay around 50 cents to $20 per Tweet, depending on your audience and the age of your account.

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10. Rent out your driveway

If you have a parking space that you aren’t using and you live in a busy area, you may be able to rent it out to others. It’s free to advertise your spot on sites like Just Park, and you can make up to $150 a month.

11. Sell your photos

Are you a keen photographer? Businesses are always looking for stock photography, so why not sell your snaps? There are plenty of sites that will sell them for you, such as Shutterstock or Getty Images. Starting out, you can make roughly $50 a month, which can go up if your photos are in demand.

12. Participate in medical studies

If you have a flexible schedule and are fairly healthy, this may be for you. Payments can vary depending on what study you take part in, but some people can make a decent living by becoming human guinea pigs. Try sites like the NIH Clinical Center to find studies you may be eligible for.

13. Search the web

Why not get paid for something you do anyway? Qmee puts an ad on onto your browser and rewards you for using your favorite search engine. When you click on a sponsored link, you’ll be rewarded. There’s no minimum payout, so you can claim your rewards quickly. One tester made $1 on their first search, which they could claim straight away.

14. Review websites and apps

Many companies are looking for people to test their websites for usability. User Testing lets you sign up to test and answer questions about these sites, earning $10-$15 for about 20 minutes of work.

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15. Start a blog

If you have a special interest and can write entertaining and interesting prose, you can be a blogger. Pick your subject, start writing, and start building an audience. Bloggers have said that they can earn between $1,000 and $10,000 a month when they become established.

16. Sell your notes

If you’re a diligent student, make some cash from those who aren’t. NoteSale lets you upload your notes and sell them to your less-dedicated classmates. You can make roughly $3 per set of notes, but you can make more if they’re typed up, rather than handwritten.

17. Do odd jobs

Lots of people have odd jobs around the house that they’d rather not do, and that’s where you come in. For traditional jobs such as lawn mowing or painting, try sites like Craigslist. If you can offer a more unusual service, such as designing a logo or even pretending to be someone’s girlfriend on Facebook, try Fiverr, which lets you sell any job for $5.

18. Be an affiliate marketer

Do you have a lot of sales know-how but no product to sell? You could do well as an affiliate marketer. Promote other people’s brands and products, and when they sell, you get a cut of the price. If you do well, you can earn around $100 a day. Try out Amazon or Clickbank to get started.

19. Try new products

Some companies will offer users money to try out new products and services. If you sign up to a site like CashCrate, you can get these products sent to you. Once you’ve tried them, you’ll be paid. Most users average between $25-50 a month.

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20. Write articles

Much like blogging, if you’re good at turning out entertaining and informative articles, you can make money from it. Try sites like Article Sale and Ghost Blogger to get started. Payment depends on length and quality of articles, but on average you can expect around $25 per article.

For most people these days, it’s getting increasingly harder to feel content working at a 9-to-5 desk job, let alone survive on a single stream of income. Dissatisfaction with jobs not only leads to burn out, high stress levels, and loss of health – it also explains why billions of dollars are wasted on loss of work productivity.

Thanks to the internet, there are hundreds of ways to offer your services and reach those willing to pay you. Make the most of your spare time and make some money on the side — whether it’s to supplement your income or put away for a rainy day.

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Anum Yoon

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Last Updated on January 2, 2019

How Personal Finance Software Helps You Get More Out of Your Money

How Personal Finance Software Helps You Get More Out of Your Money

Do you know what mental health experts point to as the biggest cause of stress in the United States today? If you said “money,” then ding, ding, we have a winner!

Three out of four adults today report feeling stressed out about money at least part of the time. People are either worried about not having enough money or whether they’re putting the money they do have to use in the best possible way.

Your money is either in charge of you or you’re in charge of it, there’s no middle ground. Using some type of personal finance software can help alleviate some of that money stress and better allow you to manage your money effectively. Without it, you may just be setting yourself up for constant financial worry. Life is already tough enough and there’s no need to make it more difficult by simply hoping your money issues will all work out in your favor. Hint: they won’t.

This guide will help you to understand how personal finance software can better assist with both accomplishing long term financial goals and managing day-to-day aspects of life.

Whether it’s tracking the savings plan for your child’s college fund or making sure you won’t be in the red with the month’s grocery budget, personal finance software keeps all this information in one convenient place.

What Exactly is Personal Finance Software?

Think of it like the dashboard in your car. You have a speedometer to tell you how fast you’re going, an odometer to tell you how far you’ve traveled, and then other gauges to tell you things like how much gas is in the tank and your engine temperature. Personal finance software is essentially the same thing for your money.

When you install this software on your computer, tablet, or smartphone, it helps to track your money — how much is going in, how much is going out, and its growth. Most personal finance software programs will display your budget, spending, investments, bills, savings accounts, and even retirement plans, levels of debt, and credit score.

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How It Leads to Financial Improvement

It shouldn’t come as a surprise, but people who regularly monitor their finances end up wealthier than those who don’t. When you were a kid, keeping track of all of your money in a porcelain piggy bank was pretty easy. As we get older, though, our money becomes spread out across things like car payments, mortgages, retirement funds, taxes, and other investments and debts. All of these things make keeping track of our money a lot more complicated.

Some types of personal finance software can help make things a little less complicated, setting you up to meet financial goals and taking away some of the stress associated with money.

Even if you already have a Certified Financial Planner (CFP) some type of personal finance software can be of great benefit. Whereas CFPs focus on the big picture of your money, they don’t handle the day-to-day aspects that determine your overall financial health.

It’s also not nearly as complicated as you might think and can take out a lot of the tedium that comes with doing everything on an Excel spreadsheet or with a pad and pencil.

Types of Personal Finance Software

When it comes to personal finance software, it generally fits into two categories: tax preparation and money management.

Tax preparation software such as Turbo Tax and H&R Block’s software can help with everything from filing income taxes to IRS rules and regulations and even estate plans. Plus, there’s the benefit of filing online and getting your refund check a lot faster than if you were to mail off your forms after waiting in line at the post office.

For the purpose of this article, however, will be focusing more on the personal finance software that aids with money management.

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Money management personal finance software will help you to see the health of your cash flow, pay down debt, forecast for expenses and savings, track investments, pay bills, and do a host of other things that 30 years ago would have practically required a team of accountants.

When to Use Personal Finance Software

So far we’ve gone over what exactly personal finance software is and how it can be a benefit to your money. The next logical step in this whole equation is determining when it should be used and how is the best way to go about getting started using it.

Below are four of the most common and practical ways to use personal finance software. If all or any of these apply to you and your money, then downloading some type of personal finance software is going to be a smart move.

1. You Have Multiple Accounts

There’s a good chance that when it comes to your money, it’s in more than one place. Sure, you probably have a checking account, but you may also have a savings account, money market account, and retirement accounts such as an IRA or 401k.

If you’re like the average American, you probably have two to three credit cards as well. Fifty percent of Americans also don’t have loyalty to just one bank and spread their money across multiple banks.

Rather than spending hours typing in every detail of every account you have into a spreadsheet, many programs allow you to easily import your account information. This will help to eliminate any mistakes and give you a bird’s eye view of everything at once.

2. You Want to Automate Some or All of Your Payments

Please don’t say that you’re still writing out paper checks and dropping each bill in the mailbox. While it’s noble that you’re doing your part to keep postal workers employed, we’re 18 years into the 21st century and you can literally pay every bill online now.

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There’s no need to log into every account you have and type in your routing number either.

With personal finance software you can schedule automatic payments and transfers between all of your imported accounts. Automatic transfers will help to make sure you have the necessary funds in the right account to ensure all bills are paid on the appropriate date. Late fees are annoying and do nothing but cost you money. It’s time that you said goodbye to them once and for all.

3. You Need to Streamline Your Budget

Perhaps the best feature of personal finance software is that it allows you track everything going in and out of your virtual wallet.

Nearly every brand of personal finance software out there has easy-to-read graphs and charts that allow you track every cent you spend or earn, should you choose. You might be pretty amazed when you see just how much you spent on eating out last month or if you splurged a little more than you should have on Christmas gifts last year.

Every successful business on the planet has a budget and using personal finance software can help you trim the fat on your spending in ways that affect your everyday life.

4. You Have Specific Goals to Meet

Maybe it’s paying off debt or saving for up something like a European vacation. Whatever your financial goal is, whether it’s long-term or short-term, personal finance software programs are one of the savviest ways to go about reaching those goals.

You can do everything from set spending alerts to notify you when you’re over budget to automating what percentage of your paycheck goes to things like retirement investments. The personal finance software that you choose should show you exactly how close you are to hitting those goals at any given time.

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How to Get Started

From AceMoney to Mint and Quicken, there ’s no shortage of personal finance software apps out there. Many of these programs are free to download and will allow you to pay bills, invest, monitor your net worth and credit profile, and even get a loan with the swipe of a finger.

Other programs may only offer you limited services and will require a one-time fee or subscription to unlock all that they offer. These fees can often vary from as little as two dollars to 50 bucks a month.

It’s best to start off with the free version and then gauge whether you’re able to accomplish everything you’d like or if it’s worth exploring one of the paid options. Often times the subscription programs come with assistance from financial planning and investment experts — so that can be a real benefit.

When deciding which personal finance software program to use, it’s also important to look at how many accounts you wish to monitor. Certain programs limit the number of accounts you can add. Be sure that if you have checking, credit card, and investment accounts to monitor, that you choose a service that can monitor them all.

Finally, when looking around for the right personal finance software that meets your needs, make sure that you’re comfortable with the program’s interface. It shouldn’t be expected that you recognize every single feature instantly, but if the features don’t seem readable and manageable to you, then you’re not as likely to use it and get the full benefits.

Final Thoughts

Personal finance software can go a long way in helping you to take control of your money and meeting your financial goals. It’s important to note, however, that some focus more on budgeting and expense tracking while others prioritize investing portfolios and income taxes. Explore several different programs and read reviews to find the one that’s right for you.

In this day and age, managing one’s personal finances in a secure manner that allows the user to have a real-time visual representation of their money is easier than ever before. With the numerous applications that are out there — both free and subscription-based — there’s no reason that every person can’t take control of their money and ensure they’re making smart money moves.

Featured photo credit: rawpixel via unsplash.com

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