I know; this sounds like a pipe dream, right? Well, it’s actually not. While you won’t see your penny turn into one million overnight, with the right investment plan and attitude, you can see your money grow! Here are some tips and suggestions that will help you cash in on that one cent investment.
The best way to turn one cent into one million is through a compound interest investment plan. Whenever I say the words “interest” or “invest,” I see most people’s eyes glaze over and they start to zone out. However, it doesn’t have to be that way! The first thing you need to do in order to make money is to get over your fear or hesitancy of investment plans. Once you can take a big breath and stare that investment plan in the face, you’re on the right track.
After you’ve gotten over your fear of investing, you need to find a good investment plan. There are tons of apps and websites out there, such as Betterment, Wealthfront, Capital One 360, and a variety more! The key is to find one that works with your timeline, with the money you can put into it, and your overall financial goals. Enlist the help of friends and family members who have a knack for this kind of stuff.
Once you’ve found your investment plan (and actually invested!), you need to be patient. Compound interest is not for the faint of heart or short in patience. If you try to withdraw your earnings from your investment after a year or two, your returns are going to be minimal. However, if you let it sit for ten, twenty, thirty, or more years, the returns will be huge and you’ll be able to retire nicely.
After you’ve changed your attitude towards investing, found an investment plan that works for you, and told yourself to just not touch it, the only thing left is to watch the money roll in! The growth will be small at first, but by the time you take it out in a few decades, you’ll love yourself for being so well prepared!
There are a lot of different ways to work from home, and I listed a lot of different companies that will allow you to do so on the post 25 Companies That Pay You to Work From Home. A lot of those ideas are temporary or extra side money, but I wanted to make a list for those of you who are looking for a good job making a decent extra income from home. So, here are 15 companies that you can work for from home making at least $12.oo or more per hour (Some are repeated from my other article).
Brighten Communications– They hire telemarketer callers, and pay between $12-$18 per hour. You need high speed internet, a land-line that can call long distance, a printer, and fax machine.
The ACT– They are always looking to hire readers to read and score the essay portion of the ACT. Pay is based on experience, but starts at $12.00 per hour. You do need at least a bachelor’s degree, and they prefer teaching experience, but it isn’t required.
Hilton Worldwide– Work for this well known hotel chain from home doing reservations and customer service. They are a very reputable company and offer great benefits for employees!
Blue Zebra Appointment Setting– Cold calling appointment setting. Start at $15-$25 per hour based on experience!
Executive Scheduling Associates– Work from home scheduling appointments for financial wholesalers starting at $12 per hour.
American Express– Visit their page and search “virtual” in the “search for job” box, and all of their work from home options will appear. I have heard a few of them start at $16 per hour.
Working Solutions– They hire independant contractors to do sales, technical support, and customer service. Looking for experienced and well educated employees, and start you at $20 per hour!
Virtual Office Temps– Hire virtual office assistants, and pay up to $28 per hour. Looking for committed, long term, part and full time employees.
Panda Tree– Starting at $12 per hour training students in Spanish and Mandarin.
Carlson Wagonlit Travel– A travel company that hires you to help customers with their travel plans. Starts at $15 per hour.
Harris Connect Fundraising– Pay $12-$15 per hour for at home fundraising and sales.
Alorica– At home agents doing customer service calls. It’s not an hourly rate, but you get paid a per minute, or per call rate.
Rosetta Stone– Work from home as a language coach. Pay is about $17 per hour.
Zero Chaos– Conduct search evaluation ads and quality ratings. Pay is $15 per hour.
Blooms Today– Assist customers with their purchases. Earn an average of $15-$25 per hour with unlimited potential based on performance.
I have said it before, and I will say it again… The best way to earn a living from home is to start a blog. You are in complete control of your income and you have a flexible schedule. You can work when you want to and do something that you love. If you are more interested in working from home for yourself, visit How to Start a Blog and learn how to Make Money Blogging.
I get it; changing habits can be hard, especially when it comes to financial ones. No one changes overnight, but there are some things that you can start doing today that will change your life in the long run!
Some people advise against this, but I think it’s a good idea to get a credit card…but to use it wisely! Credit cards help you build up your credit, plus you get access to lots of perks and benefits that normal cash, checks, or debit cards don’t get you. However, don’t max out your card every month or forget to pay it off. Get a credit card, but use it wisely.
Start now to save consistently. You could put away $10 every week, $100 every month, or something else. How much you put away isn’t as important as just getting in the habit of saving money. In a few months or years, you’ll have a great emergency savings fund to rely on.
If you have a few debts you’re trying to pay off, do the snowball method. Simply put, you throw all your extra money at the smallest debt until it’s gone. Then you move on to the next biggest one. This eliminates the amount of interest payments you have to pay, which is why it’s called the snowball.
Sit down right now with whoever you share money with and make a budget. Plan out how you’re going to spend your money this month and project it out for the year. This will help you stay on course with what you spend, giving you more control of your finances.
Do your best to live within your means. If you really want a $30,000 car but can’t afford it, then don’t buy it. Instead, get the one that fits your budget. Living within your means still gives you plenty of ways to be happy and fulfilled without loading yourself with debt.
Whenever you go out or decide to buy something, ask yourself “Why am I buying this?” or “Do I really need this?” Believe it or not, stopping to ask yourself this question (and really pondering on the answer) can save you from spending money on things you don’t need.
Another good way to curb your purchases is by waiting 30 days before making any unnecessary purchases. You may want that new ottoman in the moment, but 30 days from now it won’t seem like such a big deal. And if it still is, then consider getting it!
When you go to make big purchases, make sure you’ve done your research first. It may not be very fun, but doing your research will allow you to make the smartest decision, giving you the best quality for the cheapest price.
With the leftover money you have, consider investing some of it in stocks or other financial options. Investing can be a tricky business, so talk to a friend who’s in the know or do some research to make sure you’re making smart financial investments that will give you good returns.
If you’re really serious about making some changes to your financial life, then get a money buddy. This is just someone that you will be responsible to for all your financial choices; by making you accountable to someone else, you’ll think twice before you buy anything you don’t really need. You and your money buddy can help each other be smarter spenders.
Making a little extra money is nice, but sometimes it’s hard to find a legitimate source that pays well. If you want to work from home on your own schedule, then try some of these survey sites. They each work a bit differently, so find one (or more than one) that you like, and get signed up!
This is the survey site that I’ve heard the most about. I’m not saying it’s the best, just the most widely dispersed. A cool thing about Swagbucks is that it offers more than just surveys; you can get points for just surfing the web!
This is a relatively new company, so they’re looking for as many new users as possible. They want you to take surveys based on your professional expertise and opinion (hence the name), so keep that in mind. Also, this site doesn’t pay in cash, it does gift cards, but usually that’s not a big issue.
This is your classic survey website. It pays you for each survey you take, and the surveys have a wide range of topics. If you’re looking for something simple and straight forward, then this is your site!
My favorite thing about this website is that it has a tiered system in place. That means that the more surveys you take, the more points you earn for each one. You can also use your points to enter website specific sweepstakes, which can give you big rewards!
This website has lots of different functions, so you can do more than just take surveys in order to make money. Through this site, you can even just browse the web to make money!
Lot of people say that they really like this website; it’s user-friendly, pays well, and isn’t too pushy with their information. Every now and then, the website also sends you free products to do reviews on, which is always nice!
The name of this survey site pretty much explains what it’s all about. J Other than websites, you can also play games, do online shopping, and search the web in order to earn points and money! It can’t get much better than that!
This website has a feature that I really like that the other ones don’t have. You get points for all the surveys you take, but if the site recommends a survey for you but you don’t qualify for it, then you can still get points for the untaken survey! That’s like free money.
If surveys aren’t your thing, here are other great ways to make money from home:
Traditional day jobs are always nice, but making money on the side is great too. When you can quit your day job and turn that side job into a full-blown career, that’s even better! If Instagram is one of those ways you want to make money, then try these great tips!
If you’re serious about making money on Instagram, begin posting often. You can’t just put one picture up every few weeks and hope that will get you money and followers. Make sure you’re posting frequently so that your followers can expect to hear from you.
To the best of your ability, develop your own niche. While it may seem like a good idea to post pictures of everything to cater to as many people as possible, that won’t help you market your blog in the long run. Instead, post things that you’re interested in and work it into your niche—when you develop a brand that people recognize, you’re on your way to a great Instagram program!
Be honest and reliable with what you’re posting. If you’re advertising, then tell people that and tell them what you really think. Don’t just give a bad product a good review because the company is paying you. Be honest with the brand, too; if you aren’t comfortable giving them a good review, let them know that. Everyone will appreciate the honesty.
To really take your Instagram profile up a step, sign up for Instagram-focused agency platforms. They’ll help you get connected with brands and Instagram users that are interested in the types of things you’re interested in. Popular Pays is a well-known platform you could use, but you can go with any of them. You have to spend money to make money, after all.
You could also try using affiliate networks (that are compatible with Instagram). These are pretty unknown in the Instagram world, but they pretty much link your photos to certain websites and, if your Instagram followers are signed up to those sites, when they like your picture, they’ll get links in their email. It’s a little confusing, but a great way to earn money and get your Instagram profile out there.
In order to get others to follow you, you’ll have to follow others. That means doing your research and finding other Instagram users that have similar interests as you. Once you follow them, hopefully they’ll follow you back and you can indirectly coordinate with one another.
Try to network in real life. If you know people in real life that have connections or that you know would be interested in your Instagram profile, then network with them! You could also get friends and family members from other social media platforms to connect with you on Instagram.
Instead of waiting for brands to come to you, you can always go to them! Contact brands directly that you really like and let them know you’re interested in advertising for them or something similar. You might get rejected, but at least you’ll know that you tried. Make sure your profile is polished, though, because that’s the first thing they’ll look at to determine if you’re worth the investment.
Taking pictures can be more than just a hobby; you can actually make money off your photographs! You’ll need to have a gifted eye (or be trained in photography,) to be able to make money with your photographs.
Start with individual portraits or even family photography. There are lots of ways to go about doing this: you can put posters up around the city center, talk to neighbors and/or friends, or build an online profile.
There are actually a TON of sites that you can use to sell your stock photos to. There are so many with different rules and guidelines that you’ll for sure find one you like. Look around, find one that gives you a good cut of the profits, and then start working!
You should also join picture sharing sites like Flickr, for example. You can adjust the rights to your photos so that people can see them and either use them for free or buy them at a cheap price. This will get your work out there so more people talk about and use it.
You’ll want to start building a portfolio both online and in a physical copy. To get real experience in your portfolio, start by offering free or super cheap sessions.
Websites like Scoopshot will hire you and give you photo assignments that they’re in need of. You can sign up for multiple websites and, when they need photos, they’ll put out an assignment that you can select. It’s a pretty easy and great deal if you like taking pictures anyways.
Landscape photography is a pretty big deal, especially in tourist areas. Tour companies are always looking for good pictures to put on their websites and brochures, and you could even make and print your own photos to sell to tourists.
As you take pictures and start getting experience, make sure you’re using them to build an online presence. Join networks like Instagram to build a following, and get paid to travel!
Airbnb hires freelance photographers to take pictures of apartments and rooms for sell. You’re contracted out individually by each owner, but Airbnb is sure to set you up with some pretty sweet connections.
In fact, real estate photography in general is a good business to get into. Realtors or independent contractors and sellers are often looking for a skilled photographer that can make their property look as ideal as possible.
You could try your hand at “PR Photography.” This is pretty much the more acceptable term for being in the paparazzi, but hey, it pays well. Take pictures of celebrities and then sell them to websites and magazines. If you get a good picture, you can actually make some pretty decent money this way.
Special occasions such as graduation, weddings, or sporting events are a good way to make money as a photographer. Usually you can reach out to people and offer your services at these events since they’re always wanting professional pictures at a good price.
Mix photography with marketing by signing up with services like Stylinitiy. Basically, you take pictures of your clothes and post them on Instagram. If your followers buy your look then you get paid! It’s a fun combo of fashion and photos
Once you’ve got a pretty good base, you can start contacting companies directly and offering to take pictures of their products and brands. If they can see that you’re good at what you do, then they’ll very often give you a trial run to see if you’re a good fit.
Websites like Foap allow you to sell your iPhone images to make some quick money. You split the profits with Foap, but they provide great access to all kinds of services.
If you live in a big city or somewhere that always has special events, hang around those event areas and offer your services to people at a small price. This is pretty popular at sporting events or other things that attract tourists.
Try and see if you can contact some magazines or newspapers to sell your photos to them. They usually want very specific pictures, so if you have what they want then they’ll often pay you a decent price to get it.
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Financial issues are one of the main reasons for divorce these days, and one of the biggest causes of stress in our lives. Whether you have already tied the knot, or are planning to soon, there are some critical financial discussions that you need to have to try and prevent financial issues from becoming a bigger problem than they need to be. It is a good idea to continue these conversations and more throughout your marriage or relationship. Financial issues need to be a team effort, and the more you sweep them under the rug…the worse they get.
1. Where You are at Financially Right Now
Let your partner know what loans you have, what debts you still need to pay off, investments you may have, savings money (discuss what it’s for). You have to know where you are starting out to make a plan for the future.
2. Financial Goals
Discuss both short term and long term goals such as…goals for paying off debts (when and how much you will pay each month), how much you want to save from each paycheck, goals for buying a house, retirement plans, health care, education goals, plans for future jobs (especially when kids come in to the picture). It will make such a difference to discuss these things a head of time and get on the same page.
**If you are interested in making more money to help in your financial goals, here are some great side jobs to help bring in some extra cash:
3. Monthly Budget Plans
Is one of you a spender and one a saver? Do you like to eat out multiple times a week? Is buying expensive clothes, makeup, or home decor important to you? These are good questions to answer not only for yourself, but for your significant other. You need to be on the same page with where expenses are going, and how much. This will avoid trying to hide purchases, and creating tension. Go over each of your expenses from the past month and see where you spend most of your money. I am sure there are places that both of you can improve on to get to a better place budget wise. Planning a budget together is also the “how” of your short term, and long term financial goals. By creating a budget that you both agree on you will be planning your route to achieve those goals together!
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4. What Expenses Need to be Decided Together
Do you need to discuss an expense any time you swipe the card? Or just large expenses? This isn’t something we thing about discussing very often, but it is a good thing to be on the same page about. You don’t want to cause a fight each time you come home and one of you has bought something. So figure out what works best for each of you. Will you include a certain amount of “extra” money for each of you every month? Do you just trust the other person and not worry about expenses they are making? Do you make every purchase a combined decision? There isn’t a right or wrong way, but there will be a way that works best for you so figure out what that is!
5. Bank Accounts and Bills
Discuss whether or not you will have joint banking accounts, or separate. Also know who will be in charge of bills, you should both know what monthly bills and expenses are coming in each month, but knowing who pays what (or signing up for auto pay) will avoid missed payments and blaming one another for late fees.
6. Financial Weaknesses
Admitting our weaknesses is really a sign of strength. If you and your partner can openly discuss each of your weaknesses financially then it will be easier to help each other through those in the future and work through them as a team.
- If you want to work as a freelancer then you need to make sure your writing skills are sharp and professional. If you’re not already a good writer, then take some steps to become one. There are online classes, community courses, or even reading and journaling everyday can help hone your skills. You don’t need to sit down and read the dictionary or anything, but making sure you’re constantly exposing yourself to writing opportunities will help out. Practice writing, get feedback from friends and families, and then rewrite. It may not be the most exciting thing, but it will expand your skills and knowledge.
- You may need to start writing for free before you get paid for your work. This isn’t always the case, but it can really help you get your foot in the door at many agencies. You can even get a free guest writer position on some popular blogs to help get your name out there. Even though it doesn’t pay, these kind of gigs will pay in name recognition and invaluable experience. Be aggressive and send your work out to whatever websites you think fit your style. Without charging a fee or expecting payment, many companies are more willing to look at your work and even publish it.
- Another option, in addition to writing for free, is finding sites that have guest writers. Some of these positions are paid (although most aren’t,) but either way, they’re great for experience. If you can become an endorsed guest writer for a website or blog, not only will you get consistent writing opportunities, but you’ll also get name exposure as well. Just like on a resume, being a guest writer shows future contractors and company owners that you’re serious about your writing and that you’re good enough to be hired. Lots of writers actually got their start into a money-making freelancing career by being guest writers on prominent websites first. It may not be the most glamorous job or experience, but it’s a great start.
- If (and when!) you do start building a name for yourself and making money from your freelance work, then you’ll want to make sure you have sufficiently honed your self-discipline and money management skills. If you’re only getting a few jobs every now and then, this isn’t so much of a deal. But the more work you have, the more companies contract you, and the other invariable responsibilities that come with growing a home business can really weigh you down if you don’t have a good system in place. Self-discipline is necessary so that you aren’t saving all your assignments for the night before they’re due (reminds me of school). If this is your style, then your contractors will quickly realize that and most likely drop you as a freelance writer. Similarly, you need to have a way of keeping track of your finances and managing your money. Not only will this help when tax season rolls around, but it will also give you more power to negotiate for higher payment for your writing.
- Another aspect of freelance writing that is so important is networking and making connections. You need to be comfortable getting your feelers out and find potential business assets that can help your writing career flourish. If there are people in your community that run successful blogs, reach out to them. Friend, follow, and like potential businesses that you would like to write for in the future. Get to know a company’s writing style, typical topics, and target market. Once you’ve done your research, contact those who are in charge of the writers and be firm but polite in getting your writing published by them.
- If you don’t want to network and connect with other people in order to get your writing out there, then consider creating your own blog! It will be hard work but, if you remain dedicated, then it can be a really great payoff. Not only will you make money from people reading your work, but you can also get money from ads and other marketing strategies. Choose a blog topic that is broad enough to have things to talk about every week, but still specific enough to actually attract a certain type of audience. And if you start your own blog, make sure it looks professional and remains up-to-date. You can use your blog as evidence to possible contractors to show them the quality of your work, too.