A reverse mortgage is essentially a loan where the amount borrowed doesn't need to be paid back until you die, sell your home, or stop living in it -- if you move to a nursing home, for example. At that time, the home can be sold to cover the debt, or your heirs can pay it off and keep the home. Reverse-mortgage income is often tax-free, which is another big plus. The amount you get can be delivered in monthly installments, providing very passive and reliable income in retirement.
Focus on the surveys and offers at the top of the list. Here's a tip not many people know. CashCrate has a special algorithm that automatically selects the best surveys and offers and places them at the top of the list. There are several factors that go into determining which are the “best”, including payout, approval rate, and a variety of other factors. But all you need to know is that these surveys and offers are great, so you can do them in confidence!
Try Uber EATS or DoorDash. Uber EATS offers part-time work that’s similar to driving for Uber or Lyft. Instead of picking up passengers, however, you will pick up food orders and deliver them in your area. Pay works similarly, letting you earn a per-job rate plus tips. Door Dash works similarly, letting consumers order food from restaurants and connecting drivers to pick up and drop off their meals.
I’m a huge fan of blogging because I love writing and connecting with people all over the world. To give you an idea of what is possible with blogging, DollarSprout.com is part of a group of blogs that routinely brings in over $20,000 a month. While it takes time to build your blog up to that income level, you can get the initial set up done in under 30 minutes (no experience needed).
Some of the most successful influencers started out on YouTube. It’s a great platform for building a personal brand. While starting a YouTube channel is more competitive than ever these days, you can still earn money online with YouTube. If you’re new to the platform and post new videos multiple times a week, you could make an extra couple hundred of dollars within a few months. However, you’ll need to be consistent with your content creation if you want to make money online from YouTube. To make money, you’ll need to cater your content around YouTube’s audience such as viral focused content such prank videos, a gaming channel, and beauty or hair tutorials. Learn how to make money from YouTube.
Earnest (refinance your student loans): Same idea as above but on your student loans. There is $1.4 trillion in student loan debt outstanding. When you have student loan debt, it can make it hard to get ahead, invest, or to buy a home. If this sounds familiar, refinancing the debt can not only help you pay it off more quickly, but it can save you money on interest too.
It’s scalable: Today, you’re probably thinking about making enough money to pay rent or put food on the table. But why live paycheck to paycheck when you can create a sustainable business that allows you to make money from home while you potentially make more than you do at your 9 to 5 job. Since you don’t trade time for money, you can earn money online while you sleep. As you start creating better ads and marketing more popular products, you can spend more on ads to make more money. If you hate how much money you make and want to dream big again, this is one of the best money making ideas around. And the best part is, you’ll end up learning how to make money from home.
In recent years, one avenue that spammers have used to circumvent the postal laws, is to conduct business by non-postal routes, such as sending an email message and instructing recipients to send money via electronic services such as PayPal. While the specific laws mentioned above will only be violated if regular postal mail is used at some point during the process of communication, the sending of chain letters is often prohibited by the terms of service and/or user agreements of many email providers, and can result in an account being suspended or revoked.
This may sound like a dumb idea, frankly, but a lot of banks these days are offering $200 to $300 signup bonuses to customers who open up a new checking account. The catch, though, is that you generally have to really open these accounts. You need to be willing to set up a direct deposit and put money in the account, and you often don’t receive the bonus for at least a month, sometimes even longer. On the other hand, if you were thinking of going to a new bank, anyway, it’s an easy way to make some extra cash.
I surprisingly get a lot of people asking to detail their car. I never intend to make a business of it, but I love doing it to my cars and people ask me to do it to theirs. All it takes is a cheap orbital buffer (mines a used craftsman) and a shop vac. I normally get easily $100 for a basic wash/wax/vac, or $200 to remove scratches and polish then wax the car.