Advertising

5 Easy Ways to Earn Mad Money

Advertising
5 Easy Ways to Earn Mad Money

coinjar

    Even if you’ve trimmed your budget, it’s important to still have “mad money” to spend on things you enjoy. If your fun money account is dwindling, here are a few simple ways to earn some extra money or goods for a little of your time:

    Advertising

    1. Bottle caps – Do you drink Coke products? If so, please tell me you’re not throwing away your bottle caps without entering the codes! I did so for many months before I decided to to go MyCokeRewards.com and start entering my codes. Since then I’ve earned several Blockbuster rentals (including some “movie night” deals that included popcorn and drinks), a t-shirt for a friend, and two magazine subscriptions. Now, admittedly, you’re better off drinking water or something cheaper than Coke products, but if you do buy them, you might as well put those caps to use.

    2. Gazelle – In my latest decluttering binge, I ran across an old cell phone. It was a Samsung and definitely not the latest model. I checked eBay to see what my chances were of selling the phone (nil), and then went to Gazelle and input the details of my phone. Gazelle gave me an estimate of what they’d pay for the phone provided it was in the condition in which I had described it, then sent me a prepaid envelope for my phone and charger. A short while later I received an email stating that they’d checked out my phone, and that it was just fine. They provided a code for $15 off Amazon products. I could have received the payout in the form of a check, but had the choice of Amazon or many other vendors. Now $15 isn’t much, but it’s more than I would have gotten had I just dropped my phone in a charity bin. Gazelle also takes your Amazon Kindle (generation 1 or 2), laptops, MP3 players, digital cameras, LCD monitors, satellite radios, external drives, GPS devices, gaming consoles, video games, PDAs, camcorders, movies, and more. They claim to wipe your electronics clean of personal information before reselling them. If you have some old electronics just sitting around, Gazelle is a painless way to make some money. They’ll even show you a graph of when’s the best time to sell to make the most money.

    Advertising

    3. Surveys – Welcome to scam-land! Only trust those survey sites that you’ve heard about from word-of-mouth from someone you know and trust or a respected company or blog. This is how I discovered ERewards. It’s a legitimate site that I’ve used to earn rewards like a $15 certificate to Borders. I’m averaging about $10-15 a month in goodies. ERewards lets you know up front what a survey is worth, even if you disqualify part way through (which earns you a lesser amount). The downside is that if you’re like me and aren’t a frequent spender on hot items (flat screen TVs, cars, etc.), you might not qualify for many surveys; however, you’ll still earn partial credit. That partial credit adds up quickly. Other downsides: Their surveys can take longer than the time estimates they give you (I usually complete the surveys casually while watching TV). A search of the Internet finds some angry people reporting that their points were once wiped away, but I haven’t experienced anything like this. Other survey sites to check out: PineCone Research and MySurvey.com. With all of the survey sites you research, just be sure to read the terms of service and make sure you’re comfortable with their privacy policy.

    4. Half.com – I still encounter people who haven’t heard of or used Half.com, so I thought I’d better include this one. Half.com has a very simple interface for posting and pricing your books, movies, music, and games for sale. It’s not an auction; you’ll receive an email when someone has purchased your item. If you notice things that aren’t selling, you can easily switch to “repricing mode” and reduce the prices. It’s a good way to declutter and make some extra money.

    Advertising

    5. Research companies – A friend once invited me to come along to an event at a research company. For an hour of my time, I sat in a room with other people and was presented with two Arby’s sandwiches. We were given checklists that had us grading the aesthetic appeal of the buns, the “mouthfeel,” and so on. It took an hour. I left with a full stomach and a $30 check in my hand. On my way out, I asked to be placed on their mailing list for other research. Do a search of the web or your local phone book for research companies in your area. Place some calls to find which ones are open to public testers, and request that they add your name to the list.

    Do you have some tried-and-true ways to easily earn extra dough? Please share in the comments!

    Advertising

    More by this author

    Have You Ever Wished Your Kids Will Beg To Do Their Chores? 20 Things People Regret the Most Before They Die Overcoming The Pain Of A Breakup: 3 Suggestions Based On Science Quit Your Job If You Don’t Like It, No Matter What What Highly Successful People Do Every Day To Perform At Their Best

    Trending in Money

    1 33 Painless Ways to Save Money Now 2 How To Achieve Financial Freedom With the Right Mindset 3 Financial Freedom is Not a Fantasy: 9 Secrets to Get You There 4 40 Healthy And Really Delicious Meals You Can Make Under $5 5 Life Insurance: A Secure Way To Protect Your Future.

    Read Next

    Advertising
    Advertising

    Last Updated on January 5, 2022

    33 Painless Ways to Save Money Now

    Advertising
    33 Painless Ways to Save Money Now

    In a difficult economy, most of us are looking for ways to put more money in our pockets, but we don’t want to feel like misers. We don’t want to drastically alter our lifestyles either. We want it fast and we want it easy. Small savings can add up and big savings can feel like winning the lottery, just without all of the taxes.

    Some easy ways to save money:

    Advertising

    1. Online rebate sites. Many online sites offer cash back rebates and online coupons as well. MrRebates and Ebates are two I like, but there are many others.
    2. Sign up for customer rewards. Many of your favorite stores offer customer rewards on products you already buy. Take advantage.
    3. Switch to compact fluorescent bulbs. The extra cost up front is worth the energy savings later on.
    4. Turn off power strips and electronic devices when not in use.
    5. Buy a programmable thermostat. Set it to lower the heat or raise the AC when you’re not home.
    6. Make coffee at home. Those lattes and caramel macchiatos add up to quite a bit of dough over the year.
    7. Switch banks. Shop around for better interest rates, lower fees and better customer perks. Don’t forget to look for free online banking and ease of depositing and withdrawing money.
    8. Clip coupons: Saving a couple dollars here and there can start to add up. As long as you’re going to buy the products anyway, why not save money?
    9. Pack your lunch. Bring your lunch to work with you a few days a week, rather than buy it.
    10. Eat at home. We’re busier than ever, but cooking meals at home is healthier and much cheaper than take-out or going out. Plus, with all of the freezer and pre-made options, it’s almost as fast as drive-thru.
    11. Have leftovers night. Save your leftovers from a few meals and have a “leftover dinner.” It’s a free meal!
    12. Buy store brands: Many generic or store brands are actually just as good as name brands and considerably cheaper.
    13. Ditch bottled water. Drink tap water if it’s good quality, buy a filter if it’s not. Get 
        a reusable water bottle and refill it.
      • Avoid vending machines: The items are usually over-priced.
      • Take in a matinee. Afternoon movie showings are cheaper than evening times.
      • Re-examine your cable bill. Cancel extra cable or satellite channels you don’t watch. Watch the “on demand” movie purchases too.
      • Use online bill pay. Most banks offer free online bill paying. Save on stamps and checks, and avoid late fees by automating bill payment.
      • Buy frequently used items in bulk. You get a lower per item price and eliminate extra trips to the store later on.
      • Fully utilize the library. Borrowing books is much cheaper than buying them, but in addition to books, most local libraries now lend movies and games.
      • Cancel magazine/newspaper subscriptions: Re-evaluate your subscriptions. Cancel those you don’t read and consider reading some of the other publications online.
      • Get rid of your land-line. Do you really need a land-line anymore if everyone in the family has a cell phone? Alternatively, look into using VOIP or getting a cheaper plan.
      • Better fuel efficiency. Check the air pressure in your tires, keep up with proper auto maintenance, and slow down. Driving even 5MPH slower will result in better fuel mileage.
      • Increase your deductibles. Increasing the insurance deductibles on your homeowners and auto insurance policies lowers premiums significantly. Just make sure you choose a deductible that you can afford should an emergency happen.
      • Choose lunch over dinner. If you do want to dine out occasionally, go at lunchtime rather than dinnertime. Lunch prices are usually cheaper.
      • Buy used:  Whether it’s something small like a vintage dress or a video game or something big like a car or furniture, consider buying it used. You can often get “nearly new” for a fraction of the cost.
      • Stick to the list. Make a list before you go shopping and don’t buy anything that’s not on the list unless it’s a once in a lifetime, killer deal.
      • Tame the impulse. Use a self-enforced waiting period whenever you’re tempted to make an unplanned purchase. Wait for a week and see if you still want the item.
      • Don’t be afraid to ask. Ask to have fees waived, ask for a discount, ask for a lower interest rate on your credit card.
      • Repair rather than replace. You can find directions on how to fix almost anything on the internet. Do your homework, and then bring out your inner handyman.
      • Trade with your neighbors. Borrow tools or equipment that you use infrequently and swap things like babysitting with your neighbors.
      • Swap online. Use sites like PaperBack Swap to trade books, music, and movies with others online. Also, look for local community sites like Freecycle where people give away items they no longer need.
      • Cut back on the meat. Try eating a one or two meatless meals every week or cut back on the meat portions. Meat is usually the most expensive part of the meal.
      • Comparison shop: Get in the habit of checking prices before you buy. See if you can get a better price at another store or look online.

      Remember that saving money is not about being cheap or stingy; it’s about putting money into your bank account rather than giving it to someone else. There are many ways to save money, some you’ve never thought of, and some that won’t appeal or apply to you. Just pick a few of the ideas that sound doable and watch the savings add up. Save big, save small, but save wherever you can.

      Advertising

      Featured photo credit: Damir Spanic via unsplash.com

      Advertising

      Advertising

      Read Next