New Part-Time and Work From Home Gigs

Do you need some extra cash to pay your monthly bills? Are you looking to pay down debt without working around the clock? Here are three “under the radar” ways to accomplish those goals.

DO YOU NEED FINANCIAL ASSISTANCE

Stop! If you need financial assistance such as money to pay bills, a personal loan, or debt relief. See what resources are available to help you today.


DO YOU NEED FINANCIAL ASSISTANCE

Stop! If you need financial assistance such as money to pay bills, a personal loan, or debt relief. See what resources are available to help you today.

Make Great Tips with PostMates 

If your full-time job can’t cover your bills, some side income can save the day. Working for PostMates will give you just that, as you can earn excellent tips making deliveries via your car, scooter, bike, or even on foot.

Working for PostMates is rather simple. You sign up, and if accepted, you complete deliveries as they appear on your smartphone.

What type of income can you make with PostMates? That depends on the schedule you choose, where you live, and other factors. Some people, however, can average out to around $15-20 per hour. Work a few hours at that rate, and you can accumulate a substantial amount of extra cash each week.

As a side note, an excellent way to make the most money working for PostMates is to be available during high demand hours. Doing so can earn you twice the standard payout per delivery.

If you make a couple of hundred extra dollars per week, or per month, you can put that towards debt, use it to cover bills, or save it for a rainy day. To get started with PostMates, clickere.


Get Paid for Giving Your Opinion

Social media sites like Facebook and Twitter let you voice your opinion on various topics. Unfortunately, you don’t get paid for those. MyPoints, on the other hand, is willing to pay for your views, making it an excellent way to score extra cash.

MyPoints works by inviting you to new surveys. As you take them, you earn points. Once you earn enough points, you get gift cards from your favorite brands that can keep cash in your wallet.

Is MyPoints legit? Since they’ve awarded over $236 million in gift cards and PayPal Cash since 1996, the answer to that question is yes.

Are surveys the only way to earn MyPoints rewards? No, as you can also play games online, read emails, shop, and watch fun videos to rack up rewards too.

Watch Videos, Answer Questions, Make Money

Imagine if Netflix and chill was Netflix and earn? While Netflix won’t pay you to watch its shows and movies, InboxDollars will pay you to do something similar.

It’s a solid alternative to MyPoints if you prefer to be paid in cash instead of gift cards. All you have to do is choose which videos you’ll watch, answer a few questions, and earn some money for your time.

Why does InboxDollars pay you? Because major brands want consumer input. By watching videos and giving that input, you become a valuable resource to help brands craft content people crave.

Just like MyPoints, InboxDollars is no stranger to payouts. To date, they’ve paid out more than $56 million to their users, and it’ll only take you a few clicks to become one of them.

How To Pay Off Your Student Debt

Student loans are one of the main reasons why millions of Americans are struggling to get out of financial hardship. In 2016, someone who had attended college owed an average of $37,000 in student loans. This number has been rising in the last few years, making it a significant burden for some people to attend college.

Those who have graduated from college understand how much of an economic drag student debt can be. For many, student loans are a necessary evil in the path to obtain a better paying job. Learning how to manage student debt, and eventually pay it off, is critical to achieve financial stability. In this guide, we offer several suggestions that, when coupled together, can help people get out of student debt in a short time.

If you can afford it, make larger payments

Although it may seem like a tall order, making larger payments is one of the most efficient ways to get rid of student debt. Many financial planners like New York-based Allan Katz, head of Comprehensive Wealth Management Group, recommend that if someone can afford it, they should always try to at least pay double the minimum payment. Doing so can significantly shorten the time required to pay off the entire loan.

As an example, a standard $25,000 student loan comes with an interest rate of around 6% and a repayment period of ten years. To repay the loan, the borrower would have to pay $300 each month. However, by choosing to send $600 instead, they will help cut the loan’s principal much faster and pay off the entire loan in five years instead of ten.

Some people are unable to easily set aside more money to make larger payments. However, there are some useful practices that could free up money to achieve this goal. Activities such as preparing a budget, cutting spending and finding alternative sources of income are always recommended. We discuss some of them in this article.

Create a budget and cut unnecessary spending

People who want to pay off their debt must first control spending. If spending is higher than income, debt will continue to grow regardless of what they do. Instead of paying off debt, what they’ll be doing is replacing old debt with new debt. Excessive spending is among the top causes of credit card debt in the United States. A good way to avoid unnecessary expenditures is by following this simple rule: “if you don’t need it, don’t buy it.”

To cut spending, families first need to know where the money goes. Creating a budget is the most efficient way of tracking monthly expenses. This way, a family can separate critical spending, such as food and utility bills, from items such as the Cable TV bill and other subscriptions. A budget also gives households a clear picture of their deficit, which is the difference between earnings and expenditures, and the main cause of debt. Reducing the deficit is the purpose of a budget.

New technologies offer ways to cut spending. For example, replacing the Cable TV subscription with Netflix can help save up to $50 every month. Applying to receive government assistance is also recommended. There are many federal programs that provide financial help in order to cover expensive bills. Education grants are also a good alternative to reduce the cost of education and set aside more money towards paying off debt.

Get a part-time job and start a college repayment fund

In the previous section, we offered recommendations meant for families whose children are attending college. However, there are many ways which can help pay off student loans by yourself. Getting a part-time job is a popular practice among college students across the United States.

Part-time jobs usually pay well enough, giving students access to an extra source of income which can be used to make larger monthly payments. Other alternative sources of income are available. The Internet provides an extensive list of money-making options, such as by filling online surveys.

Setting up a college repayment fund can help automatically set aside extra money towards paying student debt. This arrangement is useful when following a budget, as it provides a way to maintain spending discipline and avoid unnecessary spending. Make sure to choose a savings account with a high yield to get the best out of the money being saved.

Stick to the plan, avoid making common mistakes and try to refinance when possible

Those who decide to make the effort to pay off student debt must make sure to stick to the plan. Switching things up along the way will have a negative effect, possibly affecting the entire budget and throwing their finances off-track. Wealth managers such as Clayton Shearer from A&I Financial Services have reached the conclusion that knowing exactly how long it will take to pay off debt greatly improves the chances of doing so. Making constant changes along the way creates uncertainty.

They also recommend their clients to avoid common mistakes people make on their way out of student debt. People who lose track of their budget or miscalculate their spending often fail to complete their financial goals. Hiding expenses or underestimating their impact on the budget are also common reasons why people fail to pay off their student debt. Maintaining financial discipline is key to success.

College tuition has risen significantly in the last few decades. Getting a college degree is a difficult economic decision families often make to try to achieve financial stability. Having a plan in place to pay off unavoidable student debt is a step in the right direction to get the most out of a college degree. Following the right suggestions with discipline and determination may have a lasting impact along the way.