Robo-advisors are diversified investment accounts that are automatically managed by a computer algorithm (as opposed to a human money manager). If you want to invest, but don’t have the money, or don’t want to invest with a money manager, robo-advisors are for you! Robo-advisors make investing easier—and cheaper—so they’re perfect for new investors.
While you play, the app works in the background and transfers small sums from your checking account into a high-yield Blast savings account based on “triggers” you set — things like the number of opponents you defeat or enemy bases you destroy. You can earn extra cash by completing “missions” that allow you to test new games or take familiar games to the next level.
Chase Sapphire Preferred® Card – Want an even bigger bonus? Consider the Chase Sapphire Preferred® Card instead. With this card, you’ll earn an amazing 50,000 points after you spend just $4,000 on your card within 90 days. If you turn in those points for cash, they are worth $500! Obviously, you’ll want to pay your balance in full to avoid interest. As long as you meet the minimum spending requirement, this $500 is yours to spend. Plus, this card comes with no annual fee.
Be willing to negotiate. You might have two neighbors who want their sidewalks shoveled, but one might be willing to pay $5 per week while another will pay only $3. If the neighbor who's paying you less is elderly, living on a fixed income, disabled or otherwise strapped for cash, consider accepting the lower price in order to build your clientele. Remember, that person who pays you less might later recommend your services to someone else willing to pay more.
Normally you’ll be asked to test a few websites by visiting them and to document and record your reactions and thoughts as you go through it. It’s really easy to get set up making extra money online by testing websites. All you need to do is sign up to the following services: UserTesting.com, Userlytics, TryMyUI, Userfeel, TestingTime (UK only), or Side Income Jobs.
Again, this isn’t particularly a travel site and they won’t accept purely travel narratives, but they are always looking for submissions about the business of earning money while travelling, making money online and the overall business of travel. They also publish short interviews with successful professionals getting paid to travel, either through blogging, photography, videography or any other way.
More and more companies and startups especially are embracing remote work—where you use online collaboration and communication tools to do your work from wherever you want. And you don’t have to be a 20-something hotshot designer or coder to reap the benefits of working remotely. Many remote positions are for customer support positions or other customer-facing positions that don’t require specialized skill sets.
Amazon offers a service called Fulfillment by Amazon (FBA), which can be extremely useful for arbitrage sellers, or others selling their own products. If you opt for FBA, Amazon will store, pick, pack and deliver your products. That means you can scale your arbitrage business quickly as you don’t have to store products in your own home or waste time with postage.
Because the fee is so small but the task takes so little time, the strategy is to do as many of them as possible. However, be sure to read the fine print because many of these companies have a minimum payout, meaning that if you earn $8.55 doing 20 micro jobs, you may have to wait until you’ve earned as much as $50 to actually get your money. Read more about some of the pitfalls of this kind of work.
The online application process for these jobs—or perhaps “gigs” is the better word, since they're all for independent contractors—is pretty simple and straightforward with very little required of candidates. Some of these opportunities—like the micro-jobs—you could very well apply and start the same day. And these jobs require very little commitment and can typically be done on your own schedule.
If you are building a site that has the potential for information that will never age and remain useful for your audience, you have the opportunity to create what is known as evergreen content. It's important to carry out extensive keyword research before planning any evergreen content for a site like this, as your site could hugely benefit from the proper usage of keywords within such content.
The two popular ones are Poshmark and TheRealReal. Both make it dead simple to sell (and buy!) luxury items. The RealReal will pay you 60% of the sale price (more if you sell a lot) and Poshmark has a tiered commission structure. Sale prices under $15 pay a $2.95 flat fee and everything else is just 20%. Tradesy is another company and they take just 9%.
The Big Roundtable publishes narrative nonfiction and connects passionate nonfiction writers with readers who will support their work. They attempt to do this by gathering, editing, selecting and distributing cool travel stories. They definitely don’t want short posts and it seems the longer the better with this website. 3,500 – 30,000+ words, you could write an ebook with a submission to The Big Roundtable. They say $100 is the minimum pay, so if you’re submitting a 30,000 word post, you’ll likely earn much more.
Here on Making Sense of Cents, I discuss how to make extra income, side hustles, side income, and how to make money online a decent amount. I believe that earning extra income can completely change your life in a positive way. A person can stop living paycheck to paycheck, they can pay off their debt, and more all by earning extra money and learning how to make extra money.
If you’ve got some free time and don’t live in the middle of nowhere, becoming a Lyft driver can be a very lucrative side hustle that allows you make money fast. And right now, they’ve got a promotion going on where any new driver will instantly get a $300 bonus after completing their 100th ride. If you start now and hustle hard on the weekends, you can probably unlock that bonus within a few weeks of driving (and that’s in addition to your normal earnings).