9 Things To Buy On Black Friday That Will Save You Money

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Most of us are pretty irrational when it comes to our spending habits. We don’t think twice about small daily purchases — but if a price tag crosses a certain threshold, we start to feel uncomfortable about our buying decision.

This mindset is not good for your bank account. Small purchases are usually low-value and have a very short gratification period. Larger purchases, while a bigger investment, usually pay for themselves and continue to improve our lives over time.

With all of the holiday sales starting, now is a great time to start thinking harder about the things you buy.

This Black Friday I challenge you to rate purchases in terms of value and long-term return. Avoid picking up a bunch of cheap things just because they’re a “great deal” and go for items that will improve your life and save you money next year. Here are nine examples of purchases that check both boxes and are even better buys on Black Friday.

1) Restaurant Gift Cards

You probably don’t have every weekend planned out for 2019 but one thing I can guarantee you’ll do is eat at your favorite restaurant.

On Black Friday, many restaurants offer a bonus gift card when you purchase a certain denomination (you’ll see deals like buy a $100 gift card and get an extra $20). This is a great way to lower your food spend in 2019 without changing your eating habits. Just check the fine print as some “bonus” gift cards will need to be spent by a certain date.

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2) Fitness Equipment with Live Classes

Fitness classes are a great way to stay in shape. But they can get expensive. A spin class costs $20 on average, and that price can be even higher at some studios. Attending class three times per week means you’re likely spending at least $250 per month or $3,000 per year on spin class.

If attending classes in person isn’t a priority for you, then purchasing an at-home solution can help you meet both your fitness and financial goals.

Fitness equipment with live classes, like a Peloton bike, are often viewed as fancy and expensive but when you break down the costs, they are usually much cheaper. Peloton’s 0% financing options currently allow you to pay $58 per month for their equipment and $39 per month for their membership. That means your all-in cost is about $100 per month — or less than half of what you’d pay at a studio.

3) Blender

That post-workout smoothie from the shop next to your gym might be great for your health but it’s destroying your food budget. Splurge on a fancy blender instead and make your own at home to seriously cut costs.

Even a top of the line blender like a Vitamix (starting at $289.95) will pay for itself in a few months if a smoothie stop is part of your regular routine. As a bonus, owning this new appliance may also inspire you to make your own almond milk or soups and further reduce your food spend in 2019.

4) Cooking Equipment and Meal Kits

Millennials are known for our love of dining out but while fast casual restaurants and delivery services are extremely convenient, they’re often not great for our health or wallets.

Learning how to cook a few of your favorite dishes well can save you tons of money and calories. Plus it’s a pretty useful life skill to have.

A great way to get started on your cooking journey is to opt into a meal-kit delivery service like Sunbasket or Blue Apron, both of which are currently offering $60 off. Their easy-to-follow recipes and home delivery make cooking a breeze for even the most novice of chefs. And if you need basic cooking equipment to get started, there are countless Black Friday deals you can take advantage of.

5) Wardrobe Staples

The avalanche of promotional Black Friday emails from retailers have already started. Most people open those emails, spot a few things they like, and make an impulse purchase. When the item arrives, they maybe wear it once or twice and then forget about it because it wasn’t practical or something that they even really wanted.

Just because something is on sale doesn’t mean you should buy it. (Repeat that three times.) Instead, take advantage of low prices by buying high quality wardrobe staples that will constantly be in rotation and can handle the wear.

An easy way to determine if an item is worth buying is its cost per use. Divide the cost by the number of times you think you’ll wear the outfit in a year.

6) Coffee or Espresso Machine

If you love your morning Starbucks run, this is not for you. But if you get annoyed every time you see a $5 latte listed on your credit card statement, then investing in a top quality coffee or espresso machine can save you a ton of money.

You can replicate exactly what the barista is doing at your favorite coffee shop, but for a fraction of the cost. And since you control the inputs, you can even get your daily brew to the point where it tastes exactly how you want it to.

7) Sports Equipment

Repeatedly renting sports equipment like a paddleboard or ice skates can get expensive. If there’s a hobby you enjoy that involves equipment rental, tally up how much you’ve spent on your rentals this year. Chances are that if you rent often, it may be cheaper to buy. And owning may incentivize you to indulge in your hobby even more than you already do which should make you happier.

8) Annual Park Passes

Paying an admission fee every time you want to visit one of your favorite places can add up. Getting a discounted annual pass to your local national park or theme park means you’ll always have a fun place to go and your cost per visit will go down

[“source=forbes]

Money flowing into largecap IT, auto companies: Kaustubh Belapurkar, Morningstar

kaustubhbelapurkar_morningstar1-1200

I think last month was slightly muted. I would not say that in the months prior, we have seen a fair bit of action though last month there was some buying but nothing dramatic. In fact, what we have seen on the banking side last month was quite a fair bit of flows into Axis Bank and SBI — the two large banking names that have pure and the most bought stocks. . But ICICI has been sort of creeping up and is definitely one of the more widely held stocks among managers.

If Reliance is one of the top MF buys in the month gone by, why is that not reflecting into the stock price?

Because while mutual fund managers are buying, there is also some selling from foreign institutions.

One would believe that there is a fair amount of optimism on the Street with regards to Rel Jio. Their latest numbers were quite reassuring.

Absolutely, but in October we have seen that Reliance was one of those counters where there was a fair amount of FII selling.

People are still buying InfosysNSE -0.85 %, SBI. I am interested in Coal India. Is this got to do with the adjustment for their offer for sale?

That is correct. It was more of a broad-based buying and not just one odd mutual fund. It was seven-eight large fund housing buying on the stock.

What is happening with IT? Is money moving out of IT? Has the sector reached its peak performance?

Actually it is a contrary. We have seen a fair bit of flows. But the one thing that has happened is it is again getting concentrated flowing into the largecap names. We have seen Infy, TCS, Tech M and HCL Tech getting money. WiproNSE 0.94 % is constantly seeing outflows and that has been largely the play. Midcap IT names have taken a breather, probably with the exception of Hexaware.

Among midcaps, Bharat Financial seems to have traction but Indian Hotels is also among the top five. Is it a building bet ahead of the holiday season?

That is not only a recent trend, we have been seeing it through the year. In Indian Hotels, people have been adding positions. It is hard to find hotel rooms at most times and definitely that is one sector that managers were betting on. We had Lemon Tree with an IPO earlier on, which people were subscribing to. Definitely, there is activity and interest around the hotel sector.

Some of the midcaps and smallcaps sold by MFs include the financing businesses but I also see a Divi’s Lab, CESC, DHFL, NALCO and MphasisNSE 0.64 %. Financing. Is the jury still out or are people coming back?

People are still maintaining status quo on the NBFC side. We have not seen too much of selling but at the same time people do not want to get in there as well. 2018 was a classic case in point where managers did not really go whole hog into buying NBFCs due to valuations and other reasons. Clearly, they have at least been protected in the sense that proportionally they were more into corporate banks and retail banks and that has helped them. This as a trend is going to continue for some time at least.

What about Yes Bank? Are you seeing serious outflows?

I would not say there are serious outflows because to start with the quantum of money that was invested on Yes Bank by funds was quite limited. But yes, last month, we saw two large fund houses completely pare positions on that stock. Given the uncertainty on that counter, they probably wanted to get out.

How are people approaching the oil and gas space? A lot of mutual funds sold off ONGC. Is oil prices coming off the reason?

That is one of the reasons. Also it is slightly stock specific because CPSE the ETF sold a fair bit of ONGC. It is largely driven by that one counter selling but if you look at the energy side, BPCL, HPCL, IOC and all the OMCs have gotten a fair bit of money in October.

What is happening in autos and auto ancillaries? Also, what is happening in two- wheelers?

Interestingly, we are seeing a drive towards auto manufacturers rather than the ancillaries. Because of festive season, people expected sales to be good in Maruti, M&M, Tata Motors or even Hero MotoCorp and TVS motors. There have been some flows in most of these counters.

Is there a clear exit from some of these auto ancillaries?

There is no exit but rather there have been muted data around that.

What is the trend in terms of flows? Are the flows picking up? October was a very strong month.

Absolutely. That trend continues. October saw almost Rs 13,000 crore coming in. There were a couple of new fund offerings and some lump sum money also came in. So, the flows have been steady. We had seen managers actually sell in September because they wanted to create cash. They used that cash in the correction in October. Almost Rs 26,000 crore has been pumped into the equity markets by mutual fund managers in October.

[“source=TimeOFIndia”]

Paytm Money now comes with Siri integration, can check your portfolio and status of SIPs

Paytm, Paytm Money, Paytm Money Siri, Paytm Siri, Paytm iOS, Paytm Money iOS, Paytm app, Paytm Money app, Invest on Paytm Money

Consumers will now be able to control the app by simply using voice commands.

Paytm has integrated Apple’s digital assistant Siri support within its investment and wealth management focused app, Paytm Money. Now iOS users will now be able to view their portfolio value and status upcoming SIPs (Systematic Investment Plans) of mutual fund investments via voice commands. Consumers will be able to get this new feature by updating the app via the app store.

Consumers will now be able to control the app by simply using voice commands such as “(Hey Siri) Show my portfolio”, “(Hey Siri) Show my SIPs” or “View my upcoming investments”. These phrases are completely customisable and can be changed according to user preferences by going into Settings > General > Accessibility > Siri > Type to Siri.

Paytm Money recently added a few features into its iOS app to make it easy for consumers to invest their money. These features include Smart App Shortcuts, Search Indexing, 3D Touch, Portfolio Widget and much more to manage & track investments.

Also Read: Google tweaks privacy policy for Indian payment app after Paytm complaint

Paytm Money is an investment and wealth management app launched back in September by One97 Communications. Consumers can download the Paytm Money app from their operating systems respective app stores.

They will then be required to complete the paperless KYC process, after which they can start investing their money into funds. People can choose between two modes of investment – SIPs or via One-time payments that start from Rs 100 depending on their preference.

[“source=TimeOFIndia”]

BJP MLA defends giving money during Chhath celebrations, justifies it as ‘religious’ practice

BJP MLA Ganesh Joshi, who has landed in a controversy for distributing money among women in alleged violation of the model code of conduct, sought to justify his action on Friday, saying he was only following an age-old religious practice.

Reacting to a video clip of him distributing Rs 100 notes among women during Chhath celebrations in his constituency, which has gone viral on the social media, Joshi said there was nothing wrong in it as he was only following an old religious tradition.

“You must have noticed in the video that I am handing notes only to women who apply ‘tika’ on my forehead, not to all those present there. Brothers do give money or a gift to their sisters when they apply ‘tika’ on their foreheads. It is an age-old practice. What is wrong in it?” Joshi told PTI.

It has nothing to do with the forthcoming civic body polls as being alleged by the Congress, he said.

“Congress is making a mountain out of a molehill as it can see its defeat in the civic body polls,” he said.

Asked whether he had been served with a notice for alleged violation of the model code of conduct by the state election commission, he said he had not received any such notice yet.

“I will reply to it (notice) when I get it. No one takes cognisance when liquor is distributed among voters to influence them but they object when an age-old religious practice is followed,” the Mussoorie MLA said.

Joshi is not a stranger to controversy. He was in the news for assaulting police horse Shaktimaan during a BJP rally here in 2016. The horse died of injuries later.

Meanwhile, the state Congress has lodged a complaint against Joshi with state election commissioner Chandrashekhar Bhatt terming his action an open violation of the model code of conduct, which is in force in view of the civic body polls slated for November 18.

“It is a clear case of notes for votes and an open violation of the model code of conduct. We demand stern action against the BJP leader,” Pradesh Congress president Pritam Singh said.

[“source=TimeOFIndia”]

Romania has the money but not enough workers for its construction projects – Bloomberg

romania_has_the_money_but_not_enough_workers_for_its_construction_projects_bloomberg_70709.jpg Image Source: Business-Review.eu.

According to a Bloomberg analysis, Romania is now one of the hottest building markets in Europe as it has the money for its construction projects but not enough people to complete them due to labor shortage. In northern Bucharest, a crew led by Vasile Kocori scrambles to lash hundreds of steel reinforcement bars for the next section of yet another high rise that will grace the skyline of Bucharest. They work at Skanska Property Romania’s EUR 37 million Equilibrium project comprising two 11-story office towers.

According to the author, one of Kocori’s main challenges was to find the workers who could actually do it in the first place. Kocori ended up culling the most skilled from other projects and then directing the less experienced ones to other building sites across the Romanian capital. “Half the guys I have can do the job, while the other half need more training,” Kocori explains.

Another major project is located in mid-town Bucharest, where Israeli group Hagag Development Europe is transforming a former oil company headquarters into a modern seven-floor office building with an EUR 8 million rehabilitation – with 35 workers onsite.

Project manager Mr Alexandru Draghici said that the crew, all Romanians, may change as a decline in skill levels is exacerbated by an unwillingness to do “dirty and unappealing” labor. He said that “There still are enough workers, but I don’t know for how much longer. Construction is getting bigger and bigger and the workers are going away from the country.”

[“source=TimeOFIndia”]

Money flowing into largecap IT, auto companies: Kaustubh Belapurkar, Morningstar

kaustubhbelapurkar_morningstar1-1200

I think last month was slightly muted. I would not say that in the months prior, we have seen a fair bit of action though last month there was some buying but nothing dramatic. In fact, what we have seen on the banking side last month was quite a fair bit of flows into Axis Bank and SBI — the two large banking names that have pure and the most bought stocks. . But ICICI has been sort of creeping up and is definitely one of the more widely held stocks among managers.

If Reliance is one of the top MF buys in the month gone by, why is that not reflecting into the stock price?

Because while mutual fund managers are buying, there is also some selling from foreign institutions.

One would believe that there is a fair amount of optimism on the Street with regards to Rel Jio. Their latest numbers were quite reassuring.

Absolutely, but in October we have seen that Reliance was one of those counters where there was a fair amount of FII selling.

People are still buying InfosysNSE -0.85 %, SBI. I am interested in Coal India. Is this got to do with the adjustment for their offer for sale?

That is correct. It was more of a broad-based buying and not just one odd mutual fund. It was seven-eight large fund housing buying on the stock.

What is happening with IT? Is money moving out of IT? Has the sector reached its peak performance?

Actually it is a contrary. We have seen a fair bit of flows. But the one thing that has happened is it is again getting concentrated flowing into the largecap names. We have seen Infy, TCS, Tech M and HCL Tech getting money. WiproNSE 0.94 % is constantly seeing outflows and that has been largely the play. Midcap IT names have taken a breather, probably with the exception of Hexaware.

Among midcaps, Bharat Financial seems to have traction but Indian Hotels is also among the top five. Is it a building bet ahead of the holiday season?

That is not only a recent trend, we have been seeing it through the year. In Indian Hotels, people have been adding positions. It is hard to find hotel rooms at most times and definitely that is one sector that managers were betting on. We had Lemon Tree with an IPO earlier on, which people were subscribing to. Definitely, there is activity and interest around the hotel sector.

Some of the midcaps and smallcaps sold by MFs include the financing businesses but I also see a Divi’s Lab, CESC, DHFL, NALCO and MphasisNSE 0.64 %. Financing. Is the jury still out or are people coming back?

People are still maintaining status quo on the NBFC side. We have not seen too much of selling but at the same time people do not want to get in there as well. 2018 was a classic case in point where managers did not really go whole hog into buying NBFCs due to valuations and other reasons. Clearly, they have at least been protected in the sense that proportionally they were more into corporate banks and retail banks and that has helped them. This as a trend is going to continue for some time at least.

What about Yes Bank? Are you seeing serious outflows?

I would not say there are serious outflows because to start with the quantum of money that was invested on Yes Bank by funds was quite limited. But yes, last month, we saw two large fund houses completely pare positions on that stock. Given the uncertainty on that counter, they probably wanted to get out.

How are people approaching the oil and gas space? A lot of mutual funds sold off ONGC. Is oil prices coming off the reason?

That is one of the reasons. Also it is slightly stock specific because CPSE the ETF sold a fair bit of ONGC. It is largely driven by that one counter selling but if you look at the energy side, BPCL, HPCL, IOC and all the OMCs have gotten a fair bit of money in October.

What is happening in autos and auto ancillaries? Also, what is happening in two- wheelers?

Interestingly, we are seeing a drive towards auto manufacturers rather than the ancillaries. Because of festive season, people expected sales to be good in Maruti, M&M, Tata Motors or even Hero MotoCorp and TVS motors. There have been some flows in most of these counters.

Is there a clear exit from some of these auto ancillaries?

There is no exit but rather there have been muted data around that.

What is the trend in terms of flows? Are the flows picking up? October was a very strong month.

Absolutely. That trend continues. October saw almost Rs 13,000 crore coming in. There were a couple of new fund offerings and some lump sum money also came in. So, the flows have been steady. We had seen managers actually sell in September because they wanted to create cash. They used that cash in the correction in October. Almost Rs 26,000 crore has been pumped into the equity markets by mutual fund managers in October.

[“source=TimeOFIndia”]

Here’s how the two winners of $687.8 million Powerball jackpot can invest their windfall

For the two winners who have come forward to split the $687.8 million Powerball jackpot, investing is about to take on a whole new meaning.

Robert Bailey, a 67-year-old retired postal worker in New York, claimed his lump-sum share — about $125.4 million after tax withholdings — on Wednesday. The other winner, Lerynne West, a 51-year-old mother of three in Redfield, Iowa, came forward more than a week ago to claim her haul of $140.6 million (also after tax withholdings). The amounts are not the same due to different state and/or local tax withholding rates.

Both of the winners will see doors open to an investment world that most Americans will never get a direct peek at.

A customer holds a handful of Powerball tickets.

Justin Sullivan | Getty Images
A customer holds a handful of Powerball tickets.

“At that level, you have access to the types of investments that university endowments and pension funds can use,” said Matt Chancey, a certified financial planner based in Orlando. “It doesn’t mean the investments are more risky, per se, you just have to qualify.”

For both Bailey and West, that shouldn’t be a problem.

To get access to more exclusive investments opportunities, wealthier people can be deemed “accredited” by federal regulators — meaning they meet the test of having at least $1 million in investable assets (excluding the value of their home) or average yearly earnings of $200,000 ($300,000 for married couples).

Top 10 lottery jackpots

Rank
Amount
Date won
Game
Winner locations
1 $1.586 billion Jan. 13, 2016 Powerball CA-FL-TN
2 $1.54 billion Oct. 23, 2018 Mega Millions SC
3 $758.7 million Aug. 23, 2017 Powerball MA
4 $687.8 million Oct. 27, 2018 Powerball IA-NY
5 $656 million Mar. 30, 2012 Mega Millions KS-IL-MD
6 $648 million Dec. 17, 2013 Mega Millions CA-GA
7 $590.5 million 18-May-13 Powerball FL
8 $587.5 million Nov. 28, 2012 Powerball AZ-MO
9 $564.1 million Feb. 11, 2015 Powerball NC-PR-TX
10 $559.7 million Jan. 6, 2018 Powerball NH

Investment opportunities that will become available to the winners run the gamut. For instance, they could gain access to private equity funds that invest in companies whose shares don’t trade on stock exchanges. Or, they could get the chance to invest in commercial real estate, energy projects like oil exploration, or venture capital funds that invest in things like tech startups.

In other words, once you have real wealth, you’re considered to be a more sophisticated investor than the average person, Chancey said.

“But getting a windfall of that amount doesn’t necessarily mean you’re actually a sophisticated investor,” he said.

This is why enlisting the help of professionals is worthwhile for people who come into sudden wealth. Both Powerball winners could even look into hiring a dedicated team of professionals — a financial advisor, an attorney and an accountant — to exclusively handle their riches.

This is what you do if you win the lottery

This is what you do if you win the lottery   1:48 PM ET Thu, 18 Oct 2018 | 01:18

“You’re in a completely different position with that kind of money,” Chancey said. “You can build your own financial services team that is dedicated all day to your financial affairs.”

For both Bailey and West, minimizing taxes likely will factor prominently in their financial decisions. While both winners had taxes withheld from their share, it doesn’t mean the amount accurately reflects what will be due at tax time.

The federal withholding rate on lottery wins is 24 percent, although both winners will face the top rate of 37 percent — plus state taxes of 8.82 percent in New York and 8.98 percent in Iowa (8.53 percent as of 2019). Bailey also faces local taxation of 3.88 percent due to residing in New York City.

Depending on a variety of factors — including how the winners choose to spend, invest or give away through charitable causes — the final tax bill could me more or less.

More from Personal Finance:
Here’s how much workers in other countries need to retire
Most Americans aren’t saving nearly enough for retirement
The top three things you’re not doing that are keeping you from becoming rich

One of the ways to reduce the amount forked over in taxes is to set up a charitable foundation. Basically, the government gives you a tax break if you use private money to do public good.

West, the Iowa winner, already announced plans to start a foundation and to donate $500,000 to a group that serves wounded veterans. Bailey said he would “give back to Manhattan” without providing details.

Meanwhile, the holder of the $1.5 billion Mega Millions jackpot has yet to come forward. The winning ticket — which hit all numbers in the Oct. 23 drawing — was purchased in Simpsonville, South Carolina. Lottery winners in that state have180 days (about six months) from the drawing to claim their prize, so the winner (or winners) has until April 21 to come forward.

[“source=forbes]

Digital is where the money is: YouTube doubles ad rates for India; Facebook, Twitter may follow suit

Alphabet’s YouTube is going to double the rate of its high-impact fixed homepage advertisement to Rs 1.4 crore from Rs 70 lakh a day at present, The Economic Times reported.

The move comes as the social media platform’s monthly active users (MAUs) reported a significant jump. “YouTube is now reaching 120 million users a day with over 1 billion impressions. Few media vehicles can deliver such reach in a day,” Amardeep Singh, CEO at Interactive Avenues, the digital agency owned by IPG Mediabrands told the paper.

As per the industry consensus, YouTube reaches 250 million MAUs, Facebook has 220 million, Instagram touches around 68 million, while Twitter’s MAUs have gone up to 30.4 million.

Facebook and Twitter have also been hiking advertising rates, the report said.

“If you take FB, the news feed ads now costs over 100 percent compared over last year,” Vivek Bhargava, Chief Executive Officer at DAN Performance Group told the paper, adding that these platforms have de-cluttered the news feed and timelines so it made sense for them to push up rates.

Facebook, however, has denied any rise in advertising cost on the platform and stated that the social network’s pricing is ‘transparent’ to every ad buyer.

“Our ad demand continues to go up because we are getting more and more advertisers on board as we expand the business. At the same time inventory is also going up as we see more and more users on the platform,” a Facebook spokesperson told the paper.

Experts told the paper that the trend of digital platforms such as Facebook, Twitter, and Instagram, raising rates between 20-30 percent annually will continue in 2019, too, as time spent by users and engagement levels increase.

Read: Digital advertising to cross Rs 255 billion mark in 2020

In 2018, around 28 percent of the total digital advertising expenditure in India was on social media, according to another Dentsu Aegis report on digital advertising in India.

Source: Statista.

As of now, a basic digital media campaign reaching 1 billion impressions –the total number of views — costs around Rs 3 crore according to a rough industry estimate.

The advertising industry is currently estimated to be Rs 55,960 crore and expected to grow at a compound annual growth rate (CAGR) of 32 percent to reach Rs 18,986 crore by 2020, according to the Dentsu Aegis Network-e4m Digital Report.

The digital advertising industry across the country has been growing rapidly. It had a market size of around Rs 11,630 crore in FY18, up from about Rs 4700 crores in FY15, according to a KPMG report.

Source: Statista.

Industry leaders told the paper that the players are bound to jack up prices since digital is becoming an important part of the media, given the rate of digital penetration and adoption.

According to the Dentsu Aegis report, digital is expected to be the fastest growing medium of the advertising industry and may account for 24 percent of the overall industry pie by 2020.

“Digital media spends currently contribute to 15 percent of the total advertising industry and are expected to reach 24 percent of the entire market by 2020,” the report said.

[“source=forbes]

101 Ways To Make More Money

101 ways to make more money.

What would you do if you could have a bit of extra income? Would you fund a hobby, or save for a trip? Or finally buy that dream house? Maybe you are one of the 15% who are using a side hustle to start a new business.

In any case, if you want to earn some extra cash, you aren’t alone. As the gig economy grows, so do opportunities to make a bit of money on the side. It’s just a matter of knowing what your options are.

This post includes 101 simple, actionable ways to make extra money. Whatever your situation, skills level or experience is, I’m sure you can find a couple ideas here that you can put to use immediately to earn that extra cash fast – and maybe regularly.

1. Ask for a raise

The simplest option comes first. If you already have a job, start there. Put together an ironclad case for demanding a raise. Then, present that case to your boss. It’s nearly always worth a try.

2. Get a second job

If plan A didn’t work out, look for opportunities outside your current employment. Consider picking up an extra shift or two each week at the local grocery store, shopping mall or restaurant. These places always need people. A hospitality career can be rather profitable in fact and help you earn into six figures.

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3. Do micro tasks

“Subscribe to an Email List,” “Add a Comment to a Blog” – these are just a few examples of micro tasks. Sign up at Microworkers.com or TaskRabbit.com to make a bit of side money performing quick chores.

4. Rent out your car

If you’ve got a spare car, you can earn money through car sharing. The setup is quite simple. People often need cars for errands or one-time tasks and you can rent out yours for a fee.

5. Make and sell DIY things

Jewelry, prints, sculptures, fan art and more; if you are a skilled artist, you can turn your products into profits online on platforms like Etsy.

6. Scrap your old gold

That old jewelry you’ve got lying around could be worth more money than you know. Even if it’s tacky or broken, your local jewelry store may be willing to pay you for the metal itself.

7. Work as a handy person

Can you do small home repairs and remodeling jobs? Get some tools together and start a handy service. Charge a reasonable rate and you are sure to get plenty of business.

8. Get a delivery job

Use your car, bike or scooter to make deliveries. Small business owners and consumers alike would often rather pay an individual to make small deliveries than go through a major, corporate delivery service.

9. Become a mystery shopper

Mystery shoppers earn money by evaluating customer experiences for restaurants and stores. It’s a part-time role that can earn you a few extra hundreds per month.

10. Participate in medical research

Contribute to medical science and earn some cash. Find and sign up to participate in medical trials. Depending on the length and nature of the study, you could earn up to thousands of dollars.

11. Join focus groups

Sometimes companies need more information than what they would get from a simple survey. So, they gather consumers together into focus groups and pay for participation.

12. Sell your old clothes

If you have some staples in mint condition occupying space in your closet, consider selling them on Depop. If you own designer or vintage garments and accessories, you can make even more cash via Vestiaire Collective.

13. Set up a concierge vintage/luxury store

If sales go well and you run out of items to sell, consider sourcing more unique items from friends, acquaintances and local vintage stores or online through sites like Eames.com. Make sure that you have an eye for details though and always authenticate the luxury goods you plan to sell.

14. Flip property

You no longer need to be wealthy to dabble in the real estate market. Thanks to micro and crowdfunded real estate investing, you can get started with as little as $500.

15. Use rewards programs

Every time you buy groceries, coffee or fast food you could be earning cash and rewards. Sign up for the rewards programs at the places you visit most frequently. Then, use the resulting rewards for cash back, gift cards or future savings.

16. Participate in GPT sites

GPT means “Get Paid To’”. These are sites where you can take surveys, sign up for free samples, print coupons and perform other tasks to earn points. These points can be converted into gift cards or cash. Swagbucks, Earning Station and InstaGC are three of the most popular GPT sites.

17. Teach English to little kids

Palfish is an app that allows you to teach English to kids in China. It might be hard to believe, but you don’t even have to speak Chinese. Alternatively, you can always find local students for tutoring.

18. Rent out your space

Do you have a spare room or unused garage? Someone who needs living space or room for their stuff will be glad to pay you for it. Or if you are OK with catering to guests, sign up with Airbnb.

19. Give someone a ride

Check out Uber and Lyft to earn some extra cash with your car. There are also designated driver services that pay you to drive people home safely.

20. Sell your unwanted electronics

Get rid of those unused TVs, video game consoles, mobile phones and computers. Take them to your local video game seller or auction them on eBay. Walk away with cash.

21. Install a lock screen app

It’s simple. See an ad when you unlock your phone. Get paid. You won’t earn much, but those pennies can add up to something nice.

22. Invest spare change

A lot of mobile banking and investment apps will round up your spending to the nearest dollar and invest the change. It can be a nice way to get your feet wet in investing without much effort.

23. Provide moving help

Check the Craigslist labor gigs section and earn extra money helping people move and unpack.

[“source=forbes]

About 90 percent of American men are confident they can manage money

A man walks through the paddock area on Belmont Stakes Day before the 148th Belmont Stakes..

When it comes to managing money, a lot of Americans feel like they’re on the right track. More than half of U.S. adults, according to a recent Student Loan Hero survey of over 1,000 adults, mostly between the ages of 25 and 44, say they’re confident about meeting their financial goals.

And nearly all American men in the survey say they’re confident about handling their finances overall. When it comes to taking out loans, planning for retirement, managing investments and negotiating their salaries, most men feel like they’re up to the task.

Women, though, are less sure.

‘There’s a clear gender gap’

When it comes to how Americans feel about money, says Student Loan Hero, “there’s a clear gender gap.” About two-thirds of men feel comfortable negotiating their salary versus only half of women. Over 60 percent of men say they’re confident investing versus only about 45 percent of women, and 63 percent of men say they’re comfortable taking out a loan versus 54 percent of women.

There’s a gap when it comes to confidence about the future, too: 53 percent of men are feel good about retirement versus only 37 percent of women.

Overall, nearly 90 percent of men feel good about how well they manage money. Women trail by about 10 percentage points.

Student Loan Hero: Money Confidence Survey, Overall Finances and Taking Out Loans

One reason for the divide could be that “men tend to have more money and talk about it more with friends,” the survey reports. Of the respondents, “nearly 70 percent of men say they have no problem broaching money subjects, while only 59 percent of women said the same.”

Meanwhile, 42 percent of women have less than $500 in savings as compared to a third of men; 55 percent of men have more than $1,000 versus 47 percent of women; and, of course, men still earn more than their female peers.

Overall, though, Americans are financially confident. Student Loan Hero finds that 83 percent of respondents feel good about managing their money generally, and 88 percent are confident about balancing their checkbooks and paying bills on time.

Further, 54 percent of respondents say they’re “on track to meet their personal financial goals.”

How debt holds people back

Not everyone is optimistic, though. Over half of respondents don’t consider themselves a “financial success,” Student Loan Hero reports, and “low rates of savings may be part of the reason why.” Half of the respondents in Student Loan Hero’s survey have less than $1,000 saved, and 61 percent don’t have an emergency fund that could cover six months of living expenses.

The reason, largely: student loans.

New data shows that the average millennial with debt owes $36,000 and spends about 34 percent of their monthly income paying it off. “Unsurprisingly, having student loans reduces confidence levels, adds to money stress and makes it harder to accomplish other financial goals,” the survey says.

Student Loan Hero: Money Confidence Survey, Retirement And Managing Investments

While 57 percent of people without loans admit to having money worries, a whopping 75 percent of those with educational debt do. Borrowers also have lower savings rates: 43 percent of people with loans have less than $500 in savings compared with 37 percent of people who don’t owe money for school.

“And, while a quarter of respondents without loan debt had $10,000 or more in savings, just 14 percent of student loan borrowers had put this much aside,” the survey says.

How to get on track

With cumulative student loan debt in the U.S. over $1.5 trillion, “it’s undeniably burdensome to repay,” the survey says. Still, trying to get on top of your loans and any other debt you may have, like credit card debt, can help reduce stress and make it easier to achieve other financial priorities.

If you’re struggling with paying down loans, saving for retirement, investing in the stock market or negotiating a higher salary, remember that “it helps to have a plan for what you want to accomplish and how to achieve it,” says Student Loan Hero.

And while you may not accomplish everything overnight, “you can create a budget while setting clear financial goals” for the future.

[“source=forbes]