Depending on the stage of life you're in, an extra $1000 a month could make a huge difference for you.
Imagine having next month's rent paid without dipping into your paycheck at all. With these tips and tricks for an extra $1000 a month, that's a real possibility. With a little creativity, patience, and hard work, you too can have disposable income.
While this isn't the quickest way to make extra cash, it may be the easiest. All you have to do is turn on a sitcom, settle into the couch, and spend a few hours clicking through companies surveys. While you may only make a few dollars or cents per survey, it's an easy way to accumulate some extra cash with very little work. Check out this handy guide to online survey sites.
Sell Extra Stuff Online
With sites like Poshmark, Mercari, and ThredUp, it's never been easier to sell your unwanted clothes and other items online for cash. Name brand clothes sell especially well, as do lightly used electronics.
Install Phone Apps
While this might feel a little Black Mirror-ish, some apps will pay you to install them to run in the background and track your daily habits for research. Creepy? Yes. Easy? Yes. Some apps that do this are Nielsen Digital Voice App, Smart Panel, and Media Insider Panel.
Transcribe Audio Online
This option requires a little bit of skill, but is a very lucrative option as you can make around 24$/hr this way. All you have to do transcribe audio into text.
Sell Your Advice
If you're great at your PR job, why not sell your advice and make some cash on the side? Most specialized professions are very marketable online, and people are always looking for freelance specialists to help them out. Some sites you can use to do this are, Kgb, SmallbizAdvice, Chegg (Formally StudentOfFortune), JustAnswer, and PollBuzzer.
Rent Out What You Have
Do you have an extra bedroom in your apartment? Rent it out on air bnb. Do you have a wide array of tools? Rent them out. Some other things you can rent out are lawn mowers, camping gear, snow blowers, and even cars and boats.
- 7 Ways to Make an Extra $500 - $1000 per Month - Updated for 2017! ›
- Top 25 Ways to Make an Extra 1000 Dollars in a Month (It's Legit!) ›
- 12 Side Hustles Where You Can Make $1,000 a Month ›
- 20 Genius Ways to Make Money at Home (Earn an Extra $1,000 ... ›
- 101 Ways to Make $1,000 in 2018 ›
- 4 Ways To Make An Extra $1,000 A Month in 2018 - Amanda Abella ... ›
- Make Extra Money: 7 Ways to Make an Extra $1,000 a Month ›
- 22 easy ways to make extra money right now - Clark Howard ›
- Ways To Make An Extra $1,000 A Month - How To Make 1000 A Month ›
What is Robinhood?
The Robinhood app debuted in 2013 as a first-of-its-kind revolutionizing free investment platform. Much like the 700-year-old story of the hero to the people, Robin Hood, FinTech entrepreneurs Vladimir Tenev and Baiju Bhatt created the platform in order to make stock trading easily accessible to the general public and not just the wealthy.
The National Financial Educators Council (NFEC) surveyed young adults in 2017 and asked them what high school level course would benefit their lives the most.
The majority responded that money management was the course that would be most beneficial.
With personal debt is at its highest record and COVID-19 threatening to have the hardest economic effects on youth, understanding money and finances is an important life lesson that should be taught to children at a young age.
The following is a list of the best financial literacy lessons and tips to teach children throughout different life stages.
I thought I had a pretty good handle on my finances out of school. I worked several jobs while attending university and had little to no problem managing my income. However, once I graduated, I realized how much more complicated personal accounting could really be.
There were so many variables I needed to keep track of. Biweekly bills, monthly charges, and general necessities amounted to a heap of confusing numbers that were often impossible to decipher. The funniest part was that I was actually trying to do this by hand (I don't know what I was trying to prove to myself, either).
After messing up for the 17th time, I decided to give Microsoft Excel a shot. I used Excel a bit in school and I knew all the big-wig finance people used it, so what could I possibly have to lose? The answer is about six hours of my precious time. Excel isn't much of an improvement over handwriting and it's still dependent on the user to manually input all of the information. It's like doing everything by hand with the slightest help, meaning that it still required a tremendous amount of time and concentration. Well that was all for nothing, I guess.
It's sort of funny. I was certain that I could manage my personal finances with ease, when it's practically a full-time job. I was already stressed out enough with my first job and I knew I didn't have enough time to give my finances the attention it deserved.
That's why I decided to try out a budgeting app. My best friend told me that he uses an app called Truebill to manage his finances. "What does it even mean to manage your finances?" I asked him. He told me that Truebill was the personal financial assistant I wished I could have. It could aggregate all of my account information into one place and give me specific insights and actions.
I loved the idea of having full control over my finances, especially during a time of financial uncertainty, and I realized that Truebill would be the easiest way to accomplish this. The user interface is incredibly simple and intuitive, so it doesn't even feel like a finance app! Truebill offers a multitude of features, with their most popular being the ability to cancel subscriptions with the press of a button.
Okay, I had no idea how many subscriptions I was still subscribed to. In fact, I wasn't even using a quarter of the subscription services I was signed up for. Subscription boxes, streaming services, my old gym, and even an old subscription to my favorite magazine--it was all there and I was livid. How could I let myself waste all of this money and how did I never catch this? Thank goodness for Truebill.
Truebill also offers bill negotiations. There is a 40% fee based on how much you save and Truebill even claims that there is an 85% chance that they'll be able to lower your bill once a negotiation is requested. Why wouldn't I take them up on this? There was zero risk and I would only have to pay once my bill was lowered (which means that I would be saving money regardless).
More standard features of Truebill include the ability to generate a credit report on-demand and even request a pay advance. I only used the pay advance feature once when I wanted to buy a gift for my mom, but didn't have enough cash in hand and Truebill automatically reimbursed itself when I got my next paycheck.
The credit report is another fantastic feature and practically taught me what good credit meant. Truebill's credit report basically shows you which financial decisions have the most significant impact on your credit score and ways that you can improve your credit month-over-month. I've never had such control over my credit and it feels good.
I'll be the first to admit that I was extremely naive coming out of school. I figured that as long as I was attentive, I could manage my finances with ease. We manage money to some extent throughout our entire lives, but once you're thrown out on your own, it's a completely different story. With Truebill, I've finally been able to take control over my finances and stay on top of all of my responsibilities.