If you started university between 1998 and 2012, or since then in Scotland and Northern Ireland, you'll have a Plan 1 student loan. While much is written about whether those with savings should overpay the current English Plan 2 student loans, there's little out there about Plan 1. I wanted to change that, so here's a video explaining how to decide...
Trim: This financial “assistant” communicates with you via Facebook Messenger or text; there is no app. Trim can negotiate your cable, internet and/or phone bill with any provider, and claims to be able to lower your bill by up to 30% (their cut is 33% of yearly savings). Trim will also analyze your transactions so you can quickly and easily understand where your money goes and provide personalized recommendations for the right financial accounts for you.
If you are great at typing fast and transcribing, this is for you! By signing up at Transcribe Me, you get to work on tasks where you are expected to turn audios and videos into text form. All that you need is a computer connected to the internet and your transcription skills. Tracking of your weekly work is easy and in real-time. You can request payment at anytime as long as you have a minimum balance of $20. Payments are fast and secure way through PayPal every Thursday before 9 a.m. EST.
Consider selling in lots. A lot is a collection of similar items that is sold in a group. For example, if you have a collection of books, magazines or similar pieces of jewelry, consider selling them all at once in a lot. You many not make as much money as you would have if you sold each item separately. However, the items will likely sell more quickly in a lot than they would individually.
Truebill: Once you’re done creating a free account and connecting your bank and credit card accounts, Truebill goes to work and analyzes your finances. It will find subscriptions you may want to cancel, negotiates bills on your behalf, tracks and categorizes your spending, and automates saving to help reach your goals. The app is free to download and use, but premium features come with a price. Similar to BillShark, Truebill’s negotiation commission is 40% of savings.
If you love kids, sign up for Care.com or SitterCity to spend a few hours a week babysitting. These websites verify both babysitters and those seeking sitters with background checks, so you can ensure you're conversing with a reliable source. Babysitting rates vary based on years of experience, number of children, and hours per week. According to ZipRecruiter, the average hourly rate for a babysitter is $28. Use Care.com's calculator to plug in your experience and find out how much your should be making an hour as a babysitter.
29. Videos – This could be an entire section on it’s own. Many people have made money by creating YouTube videos. Evan of EvanTube is a kid and he has made millions by creating reviews of products that other kids his age would use. It’s not easy to get views into the millions, but once you do, you’ll start seeing some cash come in. Many bloggers have completely turned to videos to get their point across by starting a video blog.
If you're a crafter, the internet is your showcase — and not only at auction sites like eBay. DeWitt Young of ObviousFront.etsy.com has had success turning her crafts into cash online. She has a booth at Etsy.com's Craft Mall, an amazing place where thousands of artisans and crafters offer their goods for sale. DeWitt turns salvaged parts from old TVs and VCRs into artsy necklaces, earrings, and figures. Colleen Jordan of wearableplanter uses 3D printing to create her necklaces called wearable planters.
Mechanical Turk: Amazon's Mechanical Turk is a resource for doing human-intelligence tasks, or as the site commonly refers to them, HITs. You get paid a very small fee for any given HIT and you'll need a good deal of volume to make a substantial amount of money. But it is a resource you can use in your spare time to generate a small income online.
The music industry might not be as strong as it was in the 80s, but there are still plenty of ways to make money online as a musician. Sites like SoundBetter let you sell your services as a songwriter, producer, or session musician to thousands of customers a month. While Musicbed, Music Vine, Marmoset, and SongFreedom are perfect for licensing your music to TV shows, movies, and web series.
Starting a podcast, like making a YouTube channel or blog, comes down to telling interesting stories and building an engaged audience. I’m probably sounding like a broken record by now, but you need a niche that you’re interested in and there’s already a demand for. Come up with a list of topics you’d like to talk about and then search iTunes charts, Google Trends and other podcast research sites like cast.market to see what’s currently out there and popular.
Bobby Hoyt and Mike Yanda, two world-class Facebook marketers, created this course to teach you everything you need to know to go from “I don’t know how to do any of this” to “working with clients and making a great income” in the next 28 days. Instead of piecing together an education on your own and wasting a lot of time (with possibly outdated information), this course puts everything in one place for you to learn from.
To test these websites, you’ll be asked to visit the site in question and record your reactions and thoughts as you go through it. To get started making extra money online by testing websites, sign up for some of the most popular services like UserTesting.com, Userlytics, TryMyUI, Userfeel, TestingTime (for people outside the U.S), or Side Income Jobs.
Under no circumstances should any information from this blog be used as replacement for professional financial advice. DollarSprout.com is owned by VTX Capital, LLC and neither are licensed by or affiliated with any third-party marks on this website and third parties do not endorse, authorize, or sponsor our content except where clearly disclosed. DollarSprout.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.