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

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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?

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    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

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      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.

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          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.

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            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.

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

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                Vikas Agrawal

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

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                Last Updated on July 20, 2021

                Financial Freedom is Not a Fantasy: 9 Secrets to Get You There

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                Financial Freedom is Not a Fantasy: 9 Secrets to Get You There

                Have you ever considered your life now, and how it would be if you had more time to spend with your family and less worries about money?

                Nowadays, financial stress is one of the most troublesome weights in life. If you’ve ever encountered financial stress, you know the difficulty of not having enough income to pay your obligations or bills.

                Many people say that money is not the ultimate goal of life. While that’s true, money certainly plays a very significant role. The meaning of financial freedom changes with the different phases of our life, but ultimately, it is something that many people strive for.

                In this article, we’ll explain how to capture that financial freedom you’ve been looking for. Read on to learn the secrets to financial freedom.

                Break Free of Your Finances

                Financial freedom is about having a constant flow of cash from your assets to cover all your regular needs.

                When you are not worried about your income, or living paycheck to paycheck, you gain a great sense of freedom. It’s the freedom to be obtain and do what you truly need to make your way through everyday life.

                Gaining financial freedom, though, is a process of growth, making small improvements and gaining emotional strength.

                Though it seems hard to believe, it is really very simple to get financial freedom.

                To do so, you simply need to make sure that your assets exceed your liabilities. In other words, you’ll need to find the sweet-spot where your residuals meet or surpass your expenses. This is something that you can achieve with the proper plan.

                While not every person will accomplish financial freedom, the potential for anyone to do so is certainly there. Anyone can achieve this success, regardless of their income level.

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                Outlined below are 9 secrets that will help you in your goals of achieving financial freedom.

                1. Stop Unnecessary Spending

                We often spend money inwardly, instead of objectively.

                For example, you may spend when you’re anxious, depressed, restless, exhausted, from fear of missing out, or to please others. This is a very unhealthy way to handle your finances.

                To stop this habitual spending, log down all your spending over the course of a month.

                Just as some people keep a food diary, keep an expense diary. Remember not to just write down how much and what you spent the money on, also include the circumstances of why you spent the money. Was it an impulse buy at the checkout line or was it something you planned to purchase?

                This increased self-awareness could enable you to avoid triggering situations in the future when you are considering an impulse buy.

                2. Plan a Monthly Budget

                This is a great opportunity to get serious.

                Take a seat with your spouse or partner and make a monthly budget based on your income, not your expenses. You are never again going to spend more cash then you have on hand.

                Overspending is the thing that led you to more financial obligations. Make sure you decide every month what is coming in and what will be going out and stick to that budget… no matter what.

                3. Cut-up Credit Cards

                Perhaps you are the type of person who always pays your credit card balance in full before the end of your billing cycle, and enjoys the reward points you gain. If this is the case, then you’re already way ahead of the game.

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                If not, you may want to consider ridding your life of the burden that credit cards bring.

                Many cards have strategies set up so that if you make a certain number of late payments, they will raise your interest rate much higher. This can really add up in the long run and you won’t be doing your financial situation any favors. If you’re prone to late payments or have a large balance due on your cards, cut them up!

                Without proper self control on credit card spending and payments, you are basically throwing your money away. To ensure that you have better control over your spending, use only cash or debit for all future purchases (and don’t forget to pay at least your minimum payment on your cut-up cards each month!).

                4. Increase Savings

                There is no doubt that for a comfortable retirement you must accumulate satisfactory savings throughout your working life.

                It’s good practice to save up to 15% of your income.

                Start with your workplace 401(k), if you have one. If not, a Roth IRA (if you are eligible) or a traditional IRA (if you are not eligible for the Roth) are the next logical steps.

                Increase in longevity means you might be able to look forward to 25 to 30 years in retirement, or possibly even significantly more. Investing now in good retirement plans will ensure that you have a guaranteed a stable monthly income when the time comes to stop working. [1]

                5. Invest Wisely

                Consider investing in funds.

                Specifically, you will gain higher returns if you invest in different types of mutual funds such as Debt funds, Equity funds and Hybrid funds with a proper balance, although it absolutely relies on your personal preferences and sense of risk taking.

                To get the most of these benefits, make sure you are investing in a variety of assets. Another resource of investing in mutual funds is SIP (Systematic Investment Plan) where you invest some money every month in funds. SIP works by averaging the per unit price of the stock.

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                Mutual fund investors are aware of the benefits of an SIP (Systematic Investment Plan). For one, it is the most secure way to invest in equity mutual plans so that wealth is created over a long period of time. This plan also helps you to gain a better sense of financial discipline, which will come in handy in all your financial endeavors.

                6. Invest in Gold

                There isn’t really a better way to invest in gold than to have the physical gold itself in your possession.

                You can purchase gold coins and bars from mints as well as from coin dealers and other private sellers.

                Another way to invest in gold is through ETFs (Exchange Traded Funds).

                These are is similar to mutual funds but they are exclusively investments of gold. ETFs are great because they offer more liquidity; the ETF owns the actual physical gold, stores it, and retains the value of the shares. These shares can then be bought and sold in the stock market, and one big benefit is that the transaction costs of gold ETFs are much lower than the that of physical gold.

                With its consistently-increasing demand, investment in gold can be very wise long-term investment to make.

                7. Stash Emergency Funds

                Whether it’s a cash gift or a work bonus, always try to save any extra money that comes your way rather than making unneeded purchases.

                If you get paid every other week, you’ll get an “extra” paycheck (three rather than the usual two) twice a year. Either save those paychecks towards your emergency funds or utilize the money to pay down other obligations, such as loans, credit cards or other debts.

                Make it hard to get your cash.

                Put your savings in an alternate bank, maybe an online bank that forces you to delay for several business days before transferred money hits your regular bank account.

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                8. Find Fabulous Mentors

                Find a mentor, such as a friend or family member, who has exceptional control over their finances and pay attention to everything they do.

                If you do not have any friends or family that are enjoying financial freedom, then find a mentor online! There are numerous blogs and guru websites featuring the advice of many people who have reached financial freedom, and they exist primarily to let you in on how to achieve it for yourself.

                There are also plentiful forums available that share tips and tricks on how to best achieve financial freedom. Read as much as you can and start changing your habits for the better.

                9. Be Extra Patient

                Patience is the key of financial success.

                Being patient can be quite tough, especially when you’re struggling with your finances, but having faith is worth it. You’ll continuously be on the right track if you are taking the proper steps above.

                So don’t be discouraged, even if you are only saving a few dollars a month; it all adds up. Within just a few years you’ll look back proudly at your accomplishments and be glad that you had the patience to get there.

                Financial Freedom for All

                Anyone can achieve financial freedom, regardless of their financial circumstance.

                Use the tips provided above to get yourself on the track to financial freedom and toss your monetary concerns out the window. If you wish to achieve a life with financial freedom for yourself and your family then you must adopt a disciplined approach towards your finances.

                Following the simple secrets above is a great start to making your money work for you, so you can work less and live more!

                Featured photo credit: rawpixel via unsplash.com

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                Reference

                [1] Hartford Gold Group: IRA Retirement Accounts

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