Advertising
Advertising

7 Best Peer to Peer Commerce Sites for Making & Saving Money

7 Best Peer to Peer Commerce Sites for Making & Saving Money

In the internet age, it’s possible to enjoy an unprecedented variety of luxuries and creature comforts without having to buy from a business.

Just take AirBnB, which allows you to rent other people’s homes when you travel – or Uber, which lets anyone with a mobile phone and a car drive others around for money. Both services have been extremely successful because they’re an affordable – and often better – option than hotels and taxis.

And that’s what “Peer to Peer Commerce” is all about: getting goods and services directly from other people and businesses. What most people don’t know, however, is just how many apps let you participate in Peer to Peer commerce. Below are our favorites for 2016.

A few of these apps and sites are completely new; several became significantly more popular this year; all of them are definitely a fun way to make and save money.

1. Dog Vacay

mother-and-daughter-with-the-pet_1098-2611

    Going on vacation? Wondering where you’re going to leave your dog?

    Advertising

    You could take your pet to an expensive doggie hotel, where it’ll live with dozens of other dogs…or you can save money by leaving your favorite canine with a caring, loving dog-sitter while you’re away.

    You can schedule to get daily photographs of your dog playing, going outside and getting love from the people it’s staying with. Cool, huh?

    2. Turo

    mother-son-and-great-hat-5-1506490

      Turo – previously Relay Rides – allows users to rent their neighbors’ cars via a convenient online website and mobile app.

      This means you can get a car when you need it, and get access to a large S.U.V., a jeep or even a sports car without having to own one. And if you’re a car owner, you can make money by letting others use your car when you don’t need it for yourself.

      3. TaskRabbit

      Advertising

      girl-with-a-reflex_1150-2

        TaskRabbit lets you hire people to run small errands, from grocery shopping to fetching coffee to your office from Starbucks.

        Now you can feel like Meryl Streep in the Devil Wears Prada – minus the aggressive demeanor – without having to hire a full-time personal assistant! Even better, you can trust more complex tasks – from cleaning and moving to home repairs and handyman work – to TaskRabbit contractors…

        And, of course, make a side income in your free time while doing chores for other users.

        4. Amazon Marketplace

        amazon-com-market-place

          Surprised to see Amazon on this list? Don’t be!

          Amazon Marketplace allows businesses and individuals to sell their goods to each other. With eBay traffic falling significantly over the last couple of years, Amazon Marketplace is the hot new platform for P2P commerce.

          Advertising

          And if you do end up enjoying how the platform works, you can easily transition from selling things you no longer need to running your own business with services like Fulfilled by Amazon.

          5. Fon

          woman-with-a-smartphone-in-airport_1163-708

            Have you ever been in an unfamiliar city without an internet connection? Have you ever wished you could use one of the many password-protected WiFi networks around you?

            With Fon, you can!

            Fon is a little different from the other businesses on this list because it’s more about sharing than P2P commerce. It lets you use other people’s WiFis in different cities around the globe in exchange for them using yours.

            Having said that, I love the idea behind Fon – and couldn’t not include it on this list.

            Advertising

            6. Spinlister

            golf-club-with-a-ball_1160-442

              Doing sports when you’re on vacation is fun. Unfortunately, some kinds of sports equipment – snowboards, high-end mountain bikes, surfboards – can be extremely expensive to buy, and difficult to take with you on vacation.

              Spinlister solves this problem by letting you rent sports equipment from other folks when you’re abroad or at home. With users in 100+ countries, this is a great way to connect with locals and do your favorite sport without overpaying.

              7. JustPark

              beach-town-traditional-street_442-19316813

                Tired of trying to find a parking spot near your home or job? Consider paying your neighbors – or the nice folks who live close to your office – to use theirs instead with JustPark.

                Users report saving 60% on their parking fees on an average – not to mention that, in cities like New York, JustPark spots are often an alternative to circling the same block for hours, trying to find someplace to leave your car.

                Featured photo credit: blog.bazaarvoice.com via blog.bazaarvoice.com

                More by this author

                Vikas Agrawal

                Vikas is the co-founder of Infobrandz, an Infographic design agency that offers creative visual content solutions to medium to large companies.

                How to Create an Infographic Resume That Will Impress Your Future Employer How I Get Things Done with Only Half of the Time Others Need Writing a Great Value Statement Can Bring In Tons of Money for Your Business All-Natural Tips for Fighting Insomnia and Sleeping Better 6 Signs that Your Family is Ready for a Pet

                Trending in Money

                1 10 Best Ways to Save Money Faster and Smarter 2 8 Best Finance Apps For Effective Budget Tracking And Planning 3 How to Start Investing Without Taking Major Risks 4 13 Books on Money to Transform Your Finance Management 5 How to Set Financial Goals and Actually Meet Them

                Read Next

                Advertising
                Advertising
                Advertising

                Published on November 11, 2020

                10 Best Ways to Save Money Faster and Smarter

                10 Best Ways to Save Money Faster and Smarter

                People love to talk about budgeting, reducing spending. and investing. But unfortunately, talk is cheap, and poor money management is expensive. It’s easy to talk about the best way to save money, but putting it into practice is a different thing.

                What people need to talk about is the practical and efficient ways you can quickly save money to accomplish your goals. After all, they don’t teach this stuff in school.

                Here are the 10 best ways to save money faster and smarter.

                1. Cancel All Your Subscriptions

                Yes, all of them.

                Okay, you can keep your wifi and trash. But other than that, cancel all your monthly subscriptions for one month. You will survive, I promise. Better yet, you will realize you won’t miss all of them.

                Now that you have had 30 days to examine what you really missed and what you never thought twice about, you can add some of them back in. The others? you never have to think about them again.

                This is something you can and should do with every part of your life. If it’s clutter, cancel it. Being able to step back and see what is cluttering your life and what is excelling your forward helps improve your quality of life and financial standing.

                Advertising

                2. Automate Savings From Your Paycheck

                Many of us are so excited about getting a new job that we rush through the paperwork during the hiring process. Good news for you, I have had lots of jobs so I have seen it a million times.

                There is an option for a portion of your paycheck to go directly into a secondary savings account. This is by far the most effective way to save money every month. We tend to spend most of what we have. So, if we take it off the top first, then it’s less likely to be spent. Just head over to HR and ask. It will only take two minutes.

                3. Cancel the Happy Hours for the Rest of the Pandemic

                We are in the middle of a global pandemic, which means that there is no better time to buy some drinks from the local store and stop shelling out $5 a drink at the local cocktail bar. When we look back at our bank statements, we are always shocked that fast food and alcohol can add up so quickly. You can easily save a couple of hundred dollars just by taking this step.

                A great exercise is to print out your last bank statement and highlight all the areas of alcohol and fast food. The amount may surprise you and make you think twice about that old fashion.

                4. Online Grocery Shopping

                Some people think online shopping increases the amount they spend. For the most part, I would agree—except for this category.

                Online grocery shopping is now a no-brainer, though. Whenever you walk through a grocery store, two things always happen: you always grab impulse items, and you never know the total of your cart until you checkout. This means that we always spend more than we originally planned.

                With online shopping, you can see your total as you add items to your cart. You are way less inclined to make those impulse purchases and because of that, I would venture to say that you could even pay to have them delivered to your door and still save money each month by choosing online grocery shopping.

                Advertising

                5. Get a Famzoo Debit Card

                This is something my wife and I swear by, and it’s great for the entire family! Famzoo strictly exists to help families and kids budget their money better. Each month, my wife and I have an allotted amount loaded onto our pre-paid Famzoo debit card. This amount has changed every year depending on promotions, kids, stage of life, etc.

                The important part is that when you give yourself the freedom to spend a certain amount, you are more likely to only spend the allotted amount. Think of it as a diet. If you are counting calories, you are more likely to stick close to the amount you set. You can also look for some tips online to better stick to your family budget.

                6. Purge

                This is actually my favorite to do, and it is actually one of the best ways to save money. Raise your hand if you have ever moved. Okay, so everyone.

                When we move, we are always amazed at how much junk we have acquired. I have found that about every 6 months, I can find a couple of boxes to sell online of things that we never use. This not only gives you so extra quick cash, but it also keeps your house more tidy and organized.

                Now, go clean out that garage!

                7. Amazon Subscribe and Save

                32! That is how many items I have setup on amazon subscribe and save. Let me explain.

                This sounds expensive, I know. But it actually saves us hundreds of dollars per year! We all need toothpaste, shampoo, razors, laundry detergent, toilet paper right? This feature is truly a triple threat. When you have more than 5 items on subscribe and save, you automatically unlock the max savings for every product on your list. This can be up to 20% per item!

                Advertising

                Now, even better is that it ships straight to your door on the exact day you want the item, maybe monthly or maybe you only need it every 4 months. This way, you never have too much or never run out. Either way, it’s totally customizable.

                Lastly, there is no contract for any items, which means you can switch brands or items at any given time at no cost. My advice: every single staple item should be on your subscribe and save.

                8. Rewards

                This may ruffle some feathers, but if you are using your debit card for purchases, you are missing out on free money! We have this notion that credit cards are evil but in reality, they are the same piece of plastic as your debit card.

                How you use it can be bad, don’t get me wrong. But if you want my opinion though, ditch the debit card and get a rewards credit card. Use it just like you would your debit card and make sure to pay it off as soon as the statement comes in!

                Just to give you an idea of how powerful this can be in terms of money, here are some things that our miles have paid for:

                • 4 nights in Vail with Flight
                • Rental car in Vail (convertible might I add)
                • Flight to Ireland
                • Flight to Hawaii
                • Multiple staycations at very nice Hotels

                That’s roughly about 7 thousand dollars in travel expenses so far! Remember that the credit card is just a tool and can be one that benefits you if you use it wisely. Ironically, this can be an effective way to save money.

                Pro tip: If you don’t trust yourself carrying around a credit card, then set up all your monthly bills with your credit and leave it in a drawer at home. This way, you rack up miles but don’t get tempted to overspend.

                Advertising

                9. Vacation With Friends

                Now, I know travel is hard right now but what a perfect time to go grab an Airbnb in the woods with a couple of friends and detox from the world right now!

                Vacationing alone can be pricey and get rather boring quickly, but if you split lodging and set out for a road trip, it can become affordable quickly! For a couple of hundred bucks apiece, you can have one of the most relaxing vacations ever. Don’t forget to pick up your food at the local grocery store to avoid eating out every meal!

                10. Make a Budget

                When is the last time you updated your budget or made one for that matter? Making a budget is like writing down your goals. If you don’t make a budget, then you will struggle to save.

                How can you know if you are spending wisely if you are not tracking everything?

                Our advice would be to get a finance app like Mint, Every dollar, or personal capital. All these apps are free and do a tremendous job of tracking spending and budgeting. I still am old-school and have an excel spreadsheet which I do highly recommend.

                Work Smarter, Not Harder

                The entire goal is to boost your bank account while reducing the effort required. Efficiency is the name of the game, and automation is the key player. Luckily, we live in a world that has more perks than we can ever take advantage of. But if I were to choose a few, it would be the ones above.

                Taking on all 10 of these steps may seem a little daunting. You can first try to pick three of your favorite and start there. Saving money doesn’t have to be a chore as long. As we use the tools correctly, it can be quite effortless. And now, you have a great blueprint to get started!

                More Tips on Saving Money

                Featured photo credit: Sharon McCutcheon via unsplash.com

                Read Next