James

When I Buy Stock Where Does My Money Go?

James

Updated on

February 8, 2023

The stock market is one of the most crucial aspects of the economic growth of any country, helping the government fuel development projects as a result.

In order to understand the state of an economy, all one must do is study the stock market thoroughly. This offers valuable insight on both personal and corporate levels, allowing investors to make an informed decision on choosing the right investment opportunity.

But knowing how the market works is half the challenge, and without the proper know-how of stock exchanges, new investors may stand to lose money.

So, if you’re wondering how the stock market works and where your money goes after buying a stock, read on ahead. We’ve created a simple overview of the stock market to help you gain a better understanding of it.

How Does The Stock Market Work

A stock is, in essence, a stake in the company of your choice. With company stock, you receive a small portion of the ownership in a company, providing access to a small fraction of the profits. Meaning, if you purchase stock in a highly successful company, you will receive a small fraction of the company’s profits.

When these stocks are traded en masse, the result is essentially a market of stocks, known colloquially as the stock market.

There are two main kinds of stock markets, namely primary and secondary markets. The former involves the sale of stocks to investors, and it also includes stocks from Initial Public Offerings. And the latter is where stocks are bought and sold once they’ve been through the primary market. A large bulk of exchange occurs in the secondary market, which is where the trading volume is the highest.

Other types of markets include capital markets and commodity markets, with subsets like equity and debt markets where stocks and bonds are used as securities.

Owning Stocks: The Basics

1. Stock Value

In the long run, stocks can offer a good return on investment, with an average annual return being around 10%. With inflation in mind, the returns diminish a little, reducing to 8% instead.

After investing in a company, you’ll be looking at the stock market for the trajectory of said company. If the price of the stock increases, you’ll gain a fraction of the company’s profits and vice versa. By selling the stock for a price higher than the initial buying price, you’ll make a profit. Some stocks pay dividends monthly, quarterly, semi-annually or annually to shareholders from the profit the company makes.

But as the saying goes, “it’s wise not to put all of your eggs in one basket.” So, you should build an overall portfolio of stocks from successful companies across the world, as each stock has different overall market volatility and return.

2. Stock Types

There are two kinds of stocks: common stock and preferred stock. Common stocks have a high potential for great returns in the long run, giving investors room for long-term fund growth. As an investor, you’ll be purchasing common stock that gives you access to voting rights and shareholder dividends.

On the other hand, preferred stocks are much like bonds that pay investors a fixed dividend and are less likely to lose value over time. This comes with a caveat of not gaining high value either in comparison to common stock. Preferred stocks are generally good for investors who prefer long-term income.

Where Does The Money Go When You Purchase Stocks

So, where does the money go once you buy stocks? To answer concisely, your money goes to the seller through a broker.

When an investor purchases a stock, they likely do it through an IPO (Initial Public Offering) that makes said stock available on the market. This is when they enter the secondary market, where many stocks are bought and sold on a stock exchange.

So, when you buy stock on the secondary market, your money will be transferred to the stock seller instantly. A similar process occurs when you sell stocks, with the value of said stock being converted to money that comes through an intermediary.

What Happens To The Money In Case Of A Price Drop

Money destruction, i.e. it vanishing into thin air, is a fairly rare occurrence in the stock market. If you’re selling stocks at a loss, the money you lose is someone else’s profit. Usually, the one who profited from the deal was the person who sold you the stock.

Now, this is an oversimplification of the stock market, but the gist of it remains the same. Many investors trade stocks with the assumption that the other party will pay more for them in the future. And since stocks can be owned forever, the assumption is generally a sound one.

Price Fluctuations In The Stock Market

Stocks can net you high returns, although they can also cause you to hemorrhage money. It always pays to be cautious when investing in the stock market to receive the returns that you wish.

Stock market indices are a good way to learn how the stock market is performing. You can look at the performance of listed companies to try and predict the market trajectory and the status of the economy.

On that note, some of the common reasons for the fluctuation in stock price include:

1. Information

Public perception of a company matters heavily when it comes to its stock price. When an investor purchases or sells a stock, they check for the latest news on the specific company or industry that directly impacts the price. More importantly, this information can impact their decision to buy or sell shares.

So, if a company chooses to expand in uncharted territories, the decision may pique the interest of some investors, while others may be wary of it. Depending on the ratio of interested investors to disinterested ones, the stock price may rise or fall.

2. National Economy

The GDP and interest rates of a nation can dramatically impact stock prices and investment bank interest. As the GDP increases, investors will look to raise money for a company. Product-based industries particularly benefit from a nation with high GDP.

But if the interest rates increase, companies will have to pay more money to borrow, reducing profit margins and share values.

3. Financial Status

If a company is bleeding money, investors and shareholders will naturally be averse to the idea of putting more money on the line. Existing shareholders will look to sell their stocks, while new individual investors will not entertain the idea of investing in a sinking ship.

On the flip side, if a company has huge profit margins, it bodes well for everyone involved. Investors and shareholders will be more than willing to buy a stock, and the stock price will continuously rise.

4. External Factors

Sometimes, stock prices are not in the hands of a company at all. Be it external events such as wars or natural disasters, or the general impressions of a company, the stock price will see a drastic shift.

Remember: nothing deters investors from purchasing stocks like uncertainty.

Choosing The Right Stock

1. Study The Market

The market trajectory can point you in the right direction when it comes to choosing the right stock. Certain market-moving events can push the company’s stock price very quickly, affecting the stock trades in price and volume.

2. Choose A Sector

Picking a market sector is not easy if you don’t know much about it. Hence, it’s vital to educate yourself properly before making extensive investments in any given sector.

Study a market sector well before you make a decision, and consult a stock market expert for advice before proceeding.

3. Find Individual Stocks

Once you have the sector that suits you just right, it’s time to find stocks from a particular company. You can opt to look for growth or value stocks, depending on your preference.

Growth stocks are a reflection of the potential success of a company, making them more of a calculated risk. On the other hand, value stocks tend to have a lower price in exchange for relative stability.

4. Look Into The Stock Market History

Each company has investment commentaries available that can help you make an informed decision. These commentaries include the details you need to make an informed decision, including warning signs like product recalls or conduct that negatively impacts the stock price.

You can also look into the revenue, financial statements, and equity ratings of a company. The goal here is to make sure you know enough, but not necessarily everything about the company you invest in.

5. Keep An Eye On The Charts

Recent trends can give you an idea of the stock price trajectory, so keep up with the company stock prices for a while. If the stock price trends upward, it may be safe to invest in the company. And if you find any oddities, you can opt not to buy a stock. After all, the choice of investing rests entirely in your hands.

Conclusion

The stock market is a fickle thing, sometimes giving even seasoned investors troubles when tracking investment opportunities. But it’s always wise to be cautious when picking a stock to purchase.

So, when you do buy a stock, your money remains in the stock market without vanishing into thin air. As the price of a stock rises, you stand to receive more money when you eventually sell it. But if a stock falls, the money remains in the stock market ecosystem, often in possession of someone else.

The most opportune time to buy stock is during a company IPO when common shares are available for all investors in the open market. So, study the market well and seize your opportunity to invest in the company of your choice!

About The Author

Reviewed by

James

James is a writer who is a self-confessed kitchenware and coffee nerd and a strong advocate of Sundays, good butter, and warm sourdough.

How To Make $500 A Week With DoorDash

James

Updated on

April 25, 2023

If you want to save up money for the future, you’ll need some extra income with enough cash to spare for expenses.

One of the best ways to build that extra income is to start a part-time or side job. As far as side jobs go, you’ll want something that is straightforward and with as few complexities as possible. And becoming a DoorDash delivery person is one of the best part-time jobs out there.

DoorDash is a food delivery platform that employs freelance drivers who deliver food from restaurants to customers. As a DoorDash delivery driver, you can earn up to $500 per week by doing your due diligence.

But this begs the question: where do you begin? To get you started on this journey, we’ve created a comprehensive guide on DoorDash and how you can get employed by the platform.

Without further ado, let’s begin!

DoorDash: The Food Delivery Service

DoorDash is a food delivery service that makes use of an app to connect local restaurants with their customers. This is to ensure that commercial eateries without a dedicated delivery service can still reliably deliver food to their customers. And this is where DoorDash drivers come in.

Drivers working for the food delivery platform needn’t be professionals, and anyone can sign up and get paid for delivering food. Over time, the deliveries that you make as a driver will rack up, amounting to quite a significant wad of cash. Moreover, you needn’t stick to a fixed schedule, as DoorDash allows for a flexible work schedule. It’s an easy way to earn a side income with relatively low effort in your spare time.

This also helps average local restaurants since they don’t have to worry about hiring new employees for delivery purposes. All they need to do is get in touch with DoorDash and let the platform handle the rest.

The Sign-Up Process

Signing up as a DoorDash driver takes a few minutes at most. All you have to do is follow these steps:

Visit the DoorDash website
Access the dasher sign-up page from the home page
Create a new DoorDash account, or sign in if you have one already
Fill in your details
Specify which vehicle you will be using for deliveries
Provide consent for vehicle and background checks
Add bank details

The background check is performed by a third-party agency known as Checkr, which can take up to seven business days to finish. Once the background checks are done, you’ll be ready to start your new side job as a Dasher.

Eligibility Criteria For DoorDash

There are a few basic requirements that qualify you to become a DoorDash driver, but the platform doesn’t need a qualification level. To be hired as a Dasher, you need to meet the following criteria:

Be 18 years of age
Own an iPhone or Android smartphone
Be a citizen of the US or Canada
Have a driver’s license if you’ll deliver food in a car
Have a clean driving record

How Much Money Can You Make With DoorDash?

DoorDash pays its employees on a weekly basis, transferring their pay directly to their bank account by Wednesday night for the previous week.

And the amount you earn depends on how many deliveries you make and where you are located. Certain locations that have a higher influx of restaurant orders give you greater opportunities to earn more.

That said, DoorDash does have a $10 hourly pay guaranteed for the work you put in. And if you make less than that, the platform will pay you according to the minimum rate regardless. On top of that, you get to keep any cash tips given by customers without having to pay the company.

The DoorDash App

The DoorDash app is primarily what you will be using to accept delivery orders and manage your work shifts. But work alone isn’t all that the app has to offer.

There’s plenty to learn from the app as a DoorDash driver, some of which can help you earn more than what you pocketed earlier. For instance, you can discuss various ways of making more money in Dasher forums with fellow DoorDash drivers.

The app also provides tips for dashers to make the most money by working with DoorDash, such as how population density affects earnings. You can view which restaurants are open for business and the operating times for each establishment and plan your working hours accordingly.

All in all, the app gives valuable insight into the job of a Dasher, allowing you to gauge how to optimize your working strategy.

DoorDash Operating Times

The services provided by DoorDash are open 24×7, but whether you can work in the middle of the night largely depends on the restaurants. Many restaurants close by 11 PM, so your opportunities to earn good money are limited to which establishments remain open throughout the night.

The Working Costs Of A DoorDasher

Sure, earning money as a DoorDash driver is easy and convenient, but there is a slight caveat to all of this. DoorDash doesn’t cover business expenses, and it is something you will have to handle on your own.

The largest expense that a DoorDash driver has to bear is fuel. And since the job involves driving around a city or town, you may rack up gas costs quickly. Your actual earnings can take a significant hit once these expenses are taken care of. Needless to say, drivers should be mindful of this as they continue working and set aside a portion of their income to pay for them.

DoorDash earnings are not tax-free, and you may want to calculate how much you need to pay before the financial year ends. After all, a big tax bill is something no one wants to see at the end of the year. Be sure to include any tips you receive in your income, as they are counted as taxable income unless paid in cash.

And lastly, DoorDash doesn’t cover expenses related to car maintenance, so you should try to keep your car in prime condition.

The Peak Pay Of A Dasher

For a side job to be worthwhile, you’ll want to maximize how much money you earn from it. As a Dasher, you’ll want to remain consistent and quick to make extra bucks.

DoorDash recognizes this and has a program known as ‘Dashboost.’ This program provides drivers access to special offers and unique opportunities to increase their DoorDash pay. You can compare how much you’ve earned and gauge how to optimize these earnings further.

Another important thing to keep in mind as a dasher is to remain consistent and quick with your deliveries. Having all the correct supplies and ensuring you are available when more deliveries need to be made will add to your DoorDash pay.

Let’s take a deeper dive into how you can make as much money as possible while working as a DoorDash driver.

1. Commission Levels

Depending on the establishment, you get different levels of commission for all deliveries you make. You can earn three kinds of commission from deliveries, namely Basic, Plus, and Premier, which give 15%, 25%, and 30% of the net order value.

DoorDash delivery drivers don’t have control over these commission levels since they are based on an agreement between the platform and establishments. But you can be selective about which deliveries you want to make to earn a higher level of commission.

2. Selecting The Right Dash Area

Moving to a busier part of your city or town is one of the best ways to maximize your weekly pay. Local favorite establishments receive a greater influx of orders, so you’ll have greater opportunities to earn more commission.

A good strategy to continue increasing your earnings is to move if you no longer earn the desired sum. Making deliveries where restaurants are continuously busy is an easy way to maximize your earnings.

3. Be Mindful Of Peak Delivery Hours

Certain times of the week have people ordering food more than other days, especially during dinner time and on weekends. And since deliveries are plentiful and the majority of Dashers have their hands full, DoorDash offers to pay more than usual to meet the demand.

You can keep this in mind while choosing your work hours and make more money out of the same amount of work. Moreover, you have the choice of being selective about which orders to deliver.

Peak business hours vary based on the location, as well as the time of the year, given that holidays see a high influx of orders. Study your dashing location carefully and make sure that you are ready to seize these opportunities.

4. Be Selective Of Your Orders

Since DoorDash doesn’t cover your business expenses, you will have to be selective about which deliveries to make to minimize these expenses. Longer deliveries will rack up higher fuel expenses, and if you continue to make them, you may not have enough income left over. And factoring in taxes, you may be looking at a net loss.

Shorter deliveries, on the other hand, can help you earn more cash quickly while minimizing your business expenses. Your vehicle will see fewer chances of wear and tear, and you’ll have plenty of money left over after paying taxes.

Alternatives To DoorDash

You needn’t limit yourself to DoorDash when seeking ways to make more money using a vehicle. There are other services worth looking into that function similarly to DoorDash, ranging from delivering food and groceries to taxi services. Here are a few DoorDash alternatives you may look into.

1. Instacart

Instacart hires drivers to deliver groceries from convenience stores and local merchants to customers, just as DoorDash hires drivers to deliver food. It’s another easy way to make extra money at your leisure, giving your bank balance a nice boost with relatively low effort.

2. Postmates

A subsidiary of Uber, Postmates is a general delivery service that transports goods of all kinds to customers. This includes food, groceries, gadgets, clothing, and much more.

Much like DoorDash, Postmates pays its drivers based on the number of deliveries made while factoring in the time spent during transport. In addition to flat base pay, Postmates drivers earn anywhere from $2 to $10, depending on the order.

Another quality shared by Postmates and DoorDash is that drivers can keep 100% of any tip they receive from customers.

3. UberEats

Think of Uber Eats as Postmates but to deliver food specifically. Uber Eats drivers pick up take-out orders from dining establishments and deliver them to customers’ doorstep.

And just like Postmates, this food delivery service pays its drivers at a per-mile rate in addition to base pay. The payout is immediate, so you can see the results of the delivery shift every day before you get back home.

4. Lyft

Lyft is a carpool platform that connects drivers with those who need rides across cities. And, if you’re looking for a little extra work, the platform allows you to opt into delivery services as well.

You can get paid quickly via ExpressPay, and maximize your income by working during peak hours.

Conclusion

Earning enough money to make ends meet while safeguarding your future can be quite challenging, but there are plenty of ways to do so. Becoming financially independent is just one good opportunity away, and all you need to do is keep your eyes open to seize it.

DoorDash offers such an opportunity, offering flexible working hours and a base pay in addition to per delivery incentive. With the rapid expansion of digital services, expect meal delivery services to become even more common than they are now. Thus, you will always have work available to make a little extra cash.

Initially, you may not earn $500 every week, but with consistency and hard work, you will get there. All you need to remember is that the key to achieving this milestone is to remain persistent.

About The Author

Reviewed by

James

James is a writer who is a self-confessed kitchenware and coffee nerd and a strong advocate of Sundays, good butter, and warm sourdough.

7 Highest Paying Delivery Jobs Near Me (Earn Over $50/hr)

James

Updated on

April 25, 2023

Are you looking for a job with flexible work hours that pays decently?

Whether you are a student grinding in college or someone who doesn’t want to pursue further education, a delivery job is a fantastic means to earn money. While students can work part-time to save for college funds, others can pursue these jobs full-time to earn a decent livelihood.

But if you have been struggling to find a well-paying delivery job, you have landed at the right place. We have made a list of the 7 highest-paying delivery driver jobs in the US, so let’s get to the details!

Why Become A Delivery Driver?

If you have been mulling over becoming a delivery driver, we can help you make a decision. There is an increased demand for delivery persons these days because of a boom in online shopping. Earlier, people used to shop online only from a select few famous websites, but these days everything ranging from groceries to toiletries is purchased through apps.

This shift in people’s shopping habits has made the delivery job sector quite promising. Owing to the increased demand, your chances of grabbing a reliable delivery job that pays well are quite high. So, we suggest making the most of it by sending job applications to the companies mentioned in our guide.

7 Highest Paying Delivery Jobs Near Me

1. FedEx Local Delivery

Who doesn’t know about FedEx? It is the go-to medium for every American business to send mail and parcels. This reliable multinational company is actively used by warehouses, manufacturing plants, corporations, online retailers, and even the general public.

FedEx delivery drivers are one of the highest-paid employees in the field, earning more than $77,000 annually. On top of that, they enjoy several other benefits, such as paid leaves, healthcare, tuition reimbursement, and attractive discounts on certain shipping charges.

The company has several criteria you need to clear to qualify for employment. For starters, you should be at least 21 years old, possess a driving license, and have at least one year of professional experience. Other than that, you must clear their drug test, a physical examination, and a thorough background check for criminal records.

Once you clear all this, you can become a FedEx driver and earn decent money by working either part-time or full-time with the company. Another benefit is that you don’t need to own a vehicle, as FedEx will provide it. Your daily tasks would include lifting packages weighing up to 50 lbs and using forklifts or other equipment to move heavier parcels.

2. Uber Eats Delivery

Whenever hunger strikes at midnight, Uber Eats is probably what most people think about. A part of the Uber family, Uber Eats offers food delivery services to customers all across the US.

The company offers you 3 choices – you can be a part-time or full-time traditional food delivery driver, courier delivery driver, or an independent contractor. If you choose to be a contractor, you can do app-based deliveries at your leisure.

Uber Eats delivery drivers typically earn over $62,000 annually, which is higher than the average pay in the field. They also enjoy several perks, such as flexible work hours and weekly paychecks.

Additionally, with instant pay, they can take out cash up to 5 times every day. Another practical thing is Uber Eats lets its employees know how much they will earn from each delivery beforehand. So, you will be able to accept or reject an order as per your choice and earning expectations.

And when customers tip you in-app, you get to keep 100% of the tips. Most importantly, the company looks for good communication skills in its employees, as they need to interact with customers and fellow staff members on a daily basis.

3. UPS Delivery

United Parcel Services, or UPS delivery, is one of the most successful and highest-paying logistics companies in America. It has been in the industry for more than a century, so you need not worry about job security. The company is well-managed and treats its employees with respect, and provides a plethora of benefits.

If you become a UPS delivery driver, you will enjoy health insurance that covers both physical and mental health problems. On top of that, you will get life insurance, discounts on UPS deliveries, and paid vacation.

UPS drivers are paid almost $85,000 on average, and money would never be a problem with this job. To join UPS, you need to be 21 years old or above and have a high school diploma. You also need to have a driver’s license and must be experienced in driving a manual transition. Other than this, there should be no record of driving under the influence or license suspension in the past 3 years.

4. DoorDash Delivery

DoorDash is one of the most famous food delivery services in the US. It provides people with takeout food and drinks from over 300,000 national and local restaurants in America, Australia, and Canada. We must point out that DoorDash has an excellent network of top-rated restaurants and convenience stores, so you will be working with industry experts.

With this company, you can earn over $45,000 every year and your salary would include base pay, which depends on the distance and time taken for the delivery. Additionally, you would get 100% of the tips customers leave you.

The best part is you can work on your own terms with DoorDash. After becoming a dasher, you get to decide whether to accept an order or not and if you want to dash now or schedule it for later.

Moreover, at DoorDash, you can say goodbye to reporting to a boss in an office. You just need to be an adult and have a driving license to apply; it’s that simple!

5. Shipt Delivery

Shipt helps people shop for daily essentials or fresh food products from their trusted grocery stores and supermarkets. It is a members-only marketplace run by America’s favorite supermart, Target. And by becoming a delivery driver, you automatically become a Shipt member for free!

The company’s employees earn more than $65,000 every year, enjoying paychecks every week. It also has flexible working hours while you can opt to work part-time or full-time.

To be hired, you need to be an adult with a driver’s license and have a means of transportation with proper insurance. You also need to have an up-to-date smartphone with Android version 5.1 or iOS 10 at least.

6. Instacart Delivery

Instacart is a grocery delivery platform that operates in 6,000 US cities and Canada. It strives to make grocery shopping affordable, accessible, and effortless for everyone. Instacart’s delivery drivers receive orders via an app and shop on behalf of the customers before delivering them to people’s homes.

This job is perfect for you if you are looking for a seasonal, flexible, home-based, or entry-level gig. If you already work in delivery or transportation services, then you have a great chance of being hired by Instacart delivery. However, you need to have access to a reliable vehicle and the capacity to lift 50 lbs to qualify.

7. Favor Delivery

Favor’s dedicated employees believe they are “personal assistants” and not just delivery drivers. They deliver everything from gourmet food to groceries and dry cleaning to daily utilities. Favor runners receive a portion of the delivery fee and all of the tips.

While it might not be the highest-paying delivery job out there, it surely is one of the most flexible ones. And you can make some extra money by referring your friends to be Favor runners.

If you are thinking of applying for the job, there are a few requirements that you must fulfill. First off, you need to have a functional iPhone or Android device and a reliable means of transportation. Another crucial thing is you must be an adult and have a clean record with no criminal history to be a Favor runner.

Final Thoughts

Before signing off, we’d like to revisit the best companies that hire delivery drivers.

FedEx local delivery is the best in terms of pay grade and job security. It is a reliable company that provides proper health insurance, reimbursements, and paid leaves to its employees. However, it has a slightly higher age requirement than other players on the market.

So, if you are a university student who has just turned 18, Uber Eats is your best bet. It pays well and allows drivers to avail of instant cash out five times a day. You could also become an independent contractor to work more flexibly.

Most importantly, to do well as a delivery driver and earn a decent amount, you must be dedicated and able to handle consumers’ tantrums. Not everyone will be gracious that you delivered their order, so don’t take things to heart and try to be on time.

About The Author

Reviewed by

James

James is a writer who is a self-confessed kitchenware and coffee nerd and a strong advocate of Sundays, good butter, and warm sourdough.

Does Shorting A Stock Drive The Price Lower?

James

Updated on

February 8, 2023

Buying and selling stocks with a potential decline in price is a vogue in the stock market; however, it is crucial to learn about the risks and benefits.

Shorting or ‘short-selling’ as a strategy heavily depends on speculation, foresight, and hedging, and that’s why it has potential risks. When experienced investors like hedge fund managers speculate a drop in stock prices, they borrow the said stock, sell it and buy it back at a lower price to earn profits. Moreover, shorting usually involves stocks that aren’t directly owned by the investor but are rather taken as a loan from a broker, so betting on a drop involves higher risk.

However, many people believe that shorting a stock is a dependable way of driving the price lower. To address this statement, we will be looking at short selling in detail and exploring if it really is a good way of making money. Read on.

What Exactly Is Shorting Or Short Selling?

Generally speaking, short selling is a stock market technique where an investor borrows a stock when the price drops and sells it, only to repurchase the same stock. On making the purchase again, they return the stock to the lender and keep the profit.

So, most investors basically wager through market research and intuition that the price of the stock will decline. Thus, a short seller is usually a very experienced investor or trader who knows their way around short sales and financial markets. For example, if you think a stock is overvalued and will likely drop in price, you must purchase and sell it after borrowing. And once it shows a much lower price, you can buy it back and return it to your broker while keeping the full profit.

Furthermore, short selling stocks are usually undertaken by speculators and hedgers for different reasons. While a speculator sells short to capitalize on declining share price, hedgers stock short to protect assets and hedge funds and minimize loss.

What Are The Risks Of Short Selling?

Before getting involved in a short sale and becoming a short seller, it is important to be aware of the different risks that it entails. If things get really bad, then the investor might actually lose their entire investment while shorting a stock or borrowing shares. Investors can also end up owing more money to their brokers, thus suffering serious losses.

However, taking huge risks can often lead to amazing profits in share prices when things go as planned. Short selling requires good knowledge of personal finance and an understanding of the open market. Even though hedgers are the most active short sellers, speculators often lead the market due to their relative freedom in terms of losses. And since shorting a stock involves significant risks, only seasoned investors become short sellers.

The other huge risk of short selling is what’s called a ‘short squeeze’ where stocks with high ‘short interest’ (that is, a heavily shorted stock) suddenly increase in price. This, in turn, initiates a steep ascent of the stock price as many investors continue repurchasing them to minimize net loss and maintain short positions.

So, it is better not to assume that a short seller will be able to buy back short stocks at the desired higher price.

What Is A Short Squeeze?

Every investor must use a margin account for the short selling cycle–it is an account where the broker lends stocks and funds of a particular company to the investor. So, the short seller must monitor their specific margin account to check if there are sufficient funds to cover the stock’s price and maintain the short position.

If the particular short stock suddenly increases in price, the investor has to add more funds to the margin account to cover the cost, or the broker might forcibly close the short position. This unforeseen ride in stock prices is called a ‘short squeeze.’

Since the given stock can continue increasing in value, short sellers can end up owing money to brokerage or lose the outstanding shares due to a short squeeze.

Does Shorting Drive The Stock Price Lower?

After considering the technical aspects and risks of shorting a stock, even a newbie can conclude that short trade doesn’t necessarily lower the stock price. Since a very small percentage of institutional investors purchase shares for short selling, it has almost no power in a stock’s decline. Usually, it is the long position holders panicking when there’s a short sale that decreases the stock price.

The statement that short sellers are able to manipulate the market by buying stocks and selling short is a myth. Short selling, as the name suggests, can only work for a short term. However, selling shares and holding them down for a long time is not something short sellers can do.

Fluctuations in demand and supply are the only aspects that can affect the price of the stock. Simply speaking, when there is a higher demand than supply rate, the current price of the share increases. However, if the supply is greater than the demand, it is likely that select stocks will decrease in price.

Therefore, short selling results from a price drop due to an imbalance in supply and demand when short sellers are willing to purchase and sell shares. When there are a higher number of borrowed shares being sold, the stock price further decreases. On the other hand, when short sellers perceive a lower chance of profit, they buy back the borrowed shares to lock whatever money they’ve made.

How Does Short Selling Affect The Market?

Even though short selling doesn’t drive stock prices lower, it can sometimes affect the stock market if done for a long time. Shorting stocks typically involve high risks, and only those investors who are willing to stake money to get profitable gains engage in shorting stocks.

However, purchasing and re-selling stocks while the prices are low doesn’t guarantee that the investors will be able to gain any profit due to their volatile nature. So, it is better to find ways of profiting in different avenues of the open market before engaging in shorting stocks.

Theoretically, an investor can profit up to 100% by shorting a stock since the price of a stock can fall to $0. But the actual profit will be much less than that because buying most stocks requires more money, additional borrowing costs, and margin interests.

How To Spot Short Selling?

Most stocks on the market have a certain percentage of a short position, which can be seen in the statistics shared by various financial websites like Yahoo! Finance. The key points to consider while looking for shorted stocks include short ratio, short percentage of float, short interest, short percentage of shares outstanding, and percentage of float shorted.

To find the above terms, visit a finance website and look for their statistics section. Here, you will also find share quotes and charts, which will help research the stock market.

When Is The Right Time To Short Sell?

Since there’s a significant risk involved due to the price of stock steadily increasing over time, many investors avoid short selling. To make more profits, an investor needs to be thorough in his market research and requires good timing, which is not possible during a short sale.

Typically, investors with who own stocks and funds prefer long-term investments that rise with time and provide an average, steady income stream. Short selling is only appropriate as a short-term strategy where investors can profit on stocks and other securities and exchange commissions when publicly traded companies are financially struggling.

Moreover, if you’re convinced that a stock is certainly overvalued and has a chance of succumbing to downward pressure, shorting may make you lots of money. It can also be fruitful in cases of a protracted bear market and stock market crashes.

What Is Naked Short Selling?

It is a general stock market rule that investors cannot engage in short selling unless they borrow adequate shares or prove they have enough funds to utilize the clearing time. This window includes the trading day and two additional business days to process the trade. However, investors can bypass this by using the illegal practice of naked short selling.

Naked short selling includes selling shares that are non-existent or not obtained via a brokerage. These investors hope to short a stock right before the clearing time closes and the initial sale is processed. And since this can cause huge damage to other parties in the sale, naked short selling has been banned in the U.S.

How Is Short Selling Different From Regular Investing?

While regular investing adheres to the general rules of the stock market, short selling has a different set of rules that investors must follow. For example, there are strict restrictions to shorting, such as prohibiting it when a company’s strike price goes below ten percent in a single day.

This stabilizes the sell order since damages and losses incurred by a short sale are often infinite. Thus, only veteran, experienced investors risk investing their money in stock for selling short.

Less Riskier Alternatives To Short Selling

Buying a put-option on a stock is a safer alternative since it gives the investor or trader the right to sell it at a strike price but not the obligation to do so. In case the stock increases in price instead of declining, the investor can minimize the damage with the money paid for the put option, called the ‘option premium,’ plus a commission.

However, the amount that will cover the damages will depend on the strike price and whether the put option has an expiration date. If the strike price is high and the expiration date is long, then the option premium will be higher, thus effectively reducing risks.

Different Costs In Short Selling

Besides trading costs and ‘securities and exchange commission,’ there are other costs that an investor or broker should bear while engaging in short selling. Some of them are as follows:

1. Stock Borrowing Costs

Often, buying stocks from big or global companies that are in high demand is difficult due to higher rates of short interest or limited floats. In this case, you must pay what is called a ‘hard-to-borrow’ fee based on an annual rate for those willing to buy their stocks only for short selling. However, this borrowing cost can be quite high, especially if the short trade is open on a few stocks.

2. Margin Interest

Since short selling is undertaken using a margin account, the investor must pay interest monthly or annually to continue short selling via the account.

3. Dividends And Other Costs

A short seller’s responsibilities don’t end with paying interest and borrowing costs; he also has to pay his share of dividends on each stock that is shorted. Moreover, investors need to pay for official events such as spinoffs and stock splits directly associated with the particular shorted stock.

Final Thoughts

Shorting or short selling is indeed a clever way of earning profits, but it is too risky for novices and other people interested in beginning their journey in the stock market. It is highly recommended to seek professional advice and do thorough market research if an investor seeks to try short selling.

However, you should also note that when shorting stocks is successful, it can offer a higher net profit short term than long-term investments. So, to answer the question– shorting stocks doesn’t lower the price, but it can earn you a decent gain if maneuvered properly.

That’s all on short selling stocks and their effect on the stock market. We’ll be signing off for now. Until then, research well and take precautions to prevent financial losses.

Goodbye!

About The Author

Reviewed by

James

James is a writer who is a self-confessed kitchenware and coffee nerd and a strong advocate of Sundays, good butter, and warm sourdough.

How To Make Money As A Teenager

James

Updated on

February 8, 2023

You must have heard adulting is tricky; with freedom comes tons of responsibilities.

From clearing the college fees to paying your restaurant bills and rent to calculating EMIs for the car, the bill bucket keeps filling rapidly. As you grow up, life becomes more expensive to manage. Earning and saving money become the two biggest goals of your life.

But have you ever thought of how you will make enough money to fund your lifestyle? Luckily for you, we have prepared a guide on how to make money as a teenager. This will help you earn money and gain financial freedom during your teen years.

Why Should You Earn Money As A Teen?

You might not have to bring a paycheck every month, but earning some extra bucks is a great idea. When you take a few extra steps to earn the paycheck and save some amount of it, you’re practically preparing for your financial future ahead. With the power of compounding, the money will eventually add up and grow to newer heights.

Initially, you might find the amount to be insignificant. But always remember that every penny counts! In some years, these savings go into a retirement fund, and you might also be able to pay for your college fees.

Don’t underestimate the power of savings. If you start earning money as a teen, by retirement, you’ll be able to save a couple of million dollars. Doesn’t that sound amazing? Remember that although earning money is your priority now, saving and budgeting are the other two essential goals you need to focus on.

How To Make Money As A Teenager – Jobs For Making Money Online

In the twenty-first century, making extra money online has become easier than it ever was. There are various ways to earn money through online modes – from selling clothes to playing games, from taking surveys to creating content.

In this section, we have included some easy and practical ways through which you can kickstart your online earning journey.

1. Create Content

If you have got something valuable to share with the world, then it’s time for you to become a content creator. There are numerous mediums through which you can share your thoughts with the world. You can start by making short videos for TikTok and Instagram. Apart from making reels, you can also record podcasts and upload them on Spotify, where you can get tens of thousands of listeners.

For recording the videos, you’ll need a smartphone and a niche in your mind. Once your videos become famous, you can easily monetize your content and earn money through it. You could also make affiliate content and promote products of different brands through which you can earn a handsome amount.

2. Sell Arts And Crafts

If you love crafting and make many paintings and other stuff, then selling them on online stores like Etsy or Amazon Handmade can be a fantastic way to earn money. All you have to do is register on these sites and list your products.

Then you’re ready to start your small business that will one day grow into a big and profitable one. While selling your craft products, don’t forget to track your expenses and time spent making a product. This will help you to decide a better price for your precious product that was made with so much love and patience.

3. Make Money Through Gaming

If you’re a gaming enthusiast, then don’t just limit yourself to your personal gaming space where you enjoy yourself with your friends or siblings. Come out of that zone and register yourself on websites like Twitch, Mistplay, Gamehag, and Drop.

You can explore these websites and play games with other members. If your followers increase, you’ll soon be able to monetize your game and earn a good amount out of it.

4. Earn Money Through Online Surveys

You can participate in paid surveys on websites like Branded Surveys, Survey Junkie, LifePoints, and many more during your free time. These sites pay you on a per-survey basis. But they have a cash-out minimum where you can only take out the money once you have earned a few dollars. The longer the survey, the higher its pay.

5. Selling Older Items

A good side hustle could be selling things that you no longer use. If you have clothes, shoes, and other items that you do not use, you can sell them to an online thrift store or a consignment shop. But make sure that the products are in good condition. The better the condition of the object, the higher the selling price.

6. Tutoring Younger Kids Through Online Platforms

Utilizing the skills you already possess, you can easily teach kids as a part-time job. You can teach music, sports, dance, or academics. If you have high grades and fantastic performance in extracurricular activities, then you can show it as proof and get more tutoring chances. Online tutoring jobs pay well, and you often get more than the minimum wage.

7. Launch Your Own Podcast

Making a podcast about interesting topics is the easiest method to get money quickly. All you need is a decent microphone, a recording device, and a sound system. You’re ready to begin your podcasting journey if you’re comfortable speaking in front of an audience and have an interesting topic to cover.

8. Consider Digital Marketing and SEO Services

Before entering this sector, it is critical to understand both digital marketing and SEO. These abilities may be acquired through free online courses. As a beginner in these two sectors, you may easily develop a portfolio and resume and apply to several employers.

These services are popular these days, and most businesses are looking for individuals who are skilled in them. You can work in this subject part-time by completing short-term courses, or you can make it your career by taking a professional approach in these areas.

You may easily register yourself on multiple freelancing platforms, just like any other freelance work, and clients can give you up to $200 for each gig. The amount is totally dependent on your experience, skill, nature of the job, and volume of labor.

9. Begin a YouTube Channel

People are increasingly turning to video-based learning tools to help them comprehend subjects. Making movies and teaching the world about something exciting and unknown has become an increasingly popular way to earn money. As such, creating YouTube videos of your choice may therefore be an excellent approach to begin your money-making path.

This type of remote job for earning money may fall under the category of passive income. The initial amount of hard effort, devotion, and consistency required may be excessive. However, if your YouTube channel begins to get views and followers, you will be able to quickly earn a nice living.

When you have a large enough number of subscribers on your channel, you will be able to earn a regular monthly income. If you want to do anything other than work in that channel and sell it to someone, it is also a great approach to make money quickly.

10. Develop Online Courses

You may simply register yourself on sites like Udemy if you have competence in any topic or talent. You may develop and upload your courses here. You may easily make $100 per sale. People who purchase your courses will spread the word in their networks, boosting your revenue over time.

11. Produce an eBook

All you have to do is choose a current topic that will never go out of style, conduct extensive research on it, then write an ebook on it. You may quickly publish the ebook on Amazon once you’ve finished it. As a result, you may earn a nice sum for every sale and easily meet your revenue objective.

12. Begin a Blog

Affiliate marketing is becoming increasingly popular these days. In this scenario, you can select a website with product listings and obtain their affiliate link. Then, you may set up a website where you can write product reviews and include the affiliate link.

You may earn a commission if someone purchases the goods via your link. And after your site has been monetized, you may earn a monthly income from the adverts.

13. Sell Items To Make Money Quickly

In layman’s terms, flipping entails keeping valuable objects for a period of time before selling them. Flipping allows you to effortlessly gain money in a short period of time. Flipping may be quite profitable for those who do it correctly.

For a long time, the flipping company has been considered one of the most popular side hustles, and the concept is also simple. All you have to do is purchase popular things and sell them for a profit.

You may sell video games, toys, clothing, jewelry, collectibles, gadgets, furniture, a website, a website name, vehicles, and a variety of other valuable products. There are several platforms, such as eBay, Mercari, Facebook Marketplace, etc., where you may sell your items and earn a profit.

14. Freelance Graphic Designer

Graphic designers use specialized software and technologies to develop and produce digital art creations. If you’re creative and know the basics of designing, you might want to look into freelance graphic design jobs. You’ll frequently be able to establish your own prices, either hourly or per job.

Because this work mixes artistic talents with technology, knowing how to utilize graphic design software is essential. You may need to start by volunteering to design projects for student organizations, nonprofits, political parties, friends and family, and local institutions to build your portfolio. After you’ve created a portfolio, you may organize it to attract paying clients.

15. Virtual Assistant

Virtual assistants help their clients with a variety of administrative chores. Answering phones, arranging meetings, reserving vacation accommodations, and maintaining client calendars are all part of the job.

To work as a virtual assistant, you must be familiar with the internet, email, and computer applications, as well as verbal and writing communication, organization, and time management.

16. Freelance Content Writer

Content writers develop online blog posts and other webpage content for businesses to utilize on their websites. They are often paid by word or per article. And the best part – you can create your own schedule as long as you don’t procrastinate!

So, if you have great writing skills with a strong hold on grammar, you might be able to get employment as a freelance content writer.

Strong writing and editing abilities are required to work as a freelance content writer. Make an online portfolio of your greatest, error-free work. To be a successful freelancer, you must also be able to manage your time well and have great communication skills.

17. Online Jobs At Random

You may be able to locate various internet projects to earn additional money if you have superior organizational and time-management abilities. Teens who are adept at managing their time can perform multiple projects via various online platforms to optimize their profits because each activity normally does not take long to finish.

Such activities include getting paid to watch internet movies in order to raise the number of views, playing games and reporting any mistakes detected and performing simple web searches.

18. Freelance Video Editor

Many businesses employ video material and require freelance video editors that can convey a story using graphics, film, and sound. A freelance video editor edits raw video material for the duration, sound quality, and quality.

They may also be active in video production and film post-production. Before applying for paid employment, you’ll need to hone your video editing abilities and establish your portfolio. Communication and time management abilities are also required for freelancers to optimize their revenues.

19. Data Entry

A data entry operator is a specialist that is responsible for inputting all data into various computer databases. They also manage and maintain good record keeping, arranging files to collect data for future use. Services provided by date entry clerks are required in a wide range of fields, including transportation, banks, hospitals, and retail shops.

Data entry jobs often need quick and precise typing abilities. The age restrictions vary depending on the firm or individual employing you. To work as a data entry clerk, you must be 16 or 18 years old.

20. Work As Customer Care Call Reviewer

Reviewers are required for automated phone recordings. It’s the main staple of customer support, and it is among the most basic professions for adolescents. All you have to do is carefully hear and judge the audios that were recorded beforehand.

Then you must evaluate their competence and give constructive feedback. And you are paid when you complete a certain amount of audio recordings.

Humanatic is the most prominent website for giving reviews. You should try it if you are already 17 years old.

21. Become A Social Media Handler

As an adolescent, you should be aware that you may make a career using social media. For doing this, you do not have to be a popular figure on social media platforms or have tons of followers. All you need is to sharpen your skills and make strategic moves. Almost every company now has social media accounts, and a lot of them give a handsome amount in return for handling their profiles.

Your objective is to make a strategy, stick to it by posting content on a regular basis, respond to any comment that shows up on the post, and research stats, among other things. This position demands a lot of skills, but most of the candidates do not realize this. This is an important reason why firms choose seasoned personnel and marketing professionals.

You can, however, start as a teen rookie who enjoys learning new things. To be honest, this is a pretty enjoyable profession for teens. If you enjoy social media and are skilled at editing photographs and videos and writing funny posts, this may be your ideal job.

22. Work As A Proofreader

Are you a Grammar Nazi? Then you can make an excellent proofreader. Your job as a freelance proofreader will be to point out spelling errors, biographies, and so on.

You may also need to make comments, as well as modify and rewrite. Basically, your writing abilities and attention to detail should improve a written piece.

Final Words – How To Save Money As A Teenager

Once you have secured a job and money starts flowing to your account on a monthly basis, you’re ready to save some of it for the future. Even if you’re making money for the first time in your life, don’t forget to keep a part of it. After getting your first salary, it is advisable to look for investment options where you can put in a small sum every month.

There are some golden rules to follow when you want to save the money that you have worked so hard for. Start by making a bank account where you can deposit the extra cash. Try to make long-term and short-term goals. Lastly, find an excellent investing plan and keep putting money into it until you reach a reasonable amount.

Saving money may seem tedious when you want to spend, but it is one of the finest things you can do to safeguard your tomorrow. You need persistence and dedication, and soon you’ll be a super saver!

About The Author

Reviewed by

James

James is a writer who is a self-confessed kitchenware and coffee nerd and a strong advocate of Sundays, good butter, and warm sourdough.

20 Legitimate Remote Data Entry Jobs From Home (Up to$25/hr)

James

Updated on

February 8, 2023

Looking for the right job is complicated and finding a job that can be done from the comfort of your home along with good pay is a lot harder.

However, it is possible through remote data entry jobs. Since modern technology has developed, and everything is digitized, data entry has begun to gain traction.

If you are on the lookout for a reliable source of passive income, data entry is the job for you. Let’s take a look at a few of the best providers of data entry jobs that pay up to $25 an hour.

What Is Data Entry?

Data entry essentially means entering data into a database or a document. This job has various forms, including:

Data mining
Copy-paste tasks
Research and web search
Survey
Filling forms
Transcription
Commenting

The central aspect of data entry is precision and speed, which can be done both on-site and remotely.

Skills Required To Do Data Entry

The skills required for data entry are something a lot of people already possess. All you need to do is brush up on these skills to improve your performance. These skills include:

Basic computer skills
Understanding of Microsoft Office
Commendable typing speed
Meeting rigid deadlines
Excellent organization skills
Detail-oriented

Equipment Needed For Data Entry

The essential equipment you will need for data entry is a personal computer that functions well. Apart from a computer and computer skills, high-speed internet access, and an ergonomic workplace that will help you perform well.

Legitimate Data Entry Jobs

1. FlexJobs Remote Data Entry Jobs

Potential pay: Starting at $5/hour

Coverage: Worldwide

If you are looking for a trustworthy remote job for data entry, the answer is FlexJobs. This platform screens all the job titles to minimize clients’ risk of dealing with data entry job scams or fraud. So, you’re less likely to fall prey to data entry job scams on the FlexJobs platform.

They also have a user-friendly job board that has a plethora of job options available, including data entry.

The only con for this website is that you would have to pay around 15 dollars per month to renew your membership with FlexJobs. However, if that is a viable option for you, FlexJobs is a great job listing place to find remote data entry jobs where the pay depends on the employers.

2. Fiverr Remote Data Entry Jobs

Potential pay: starting at $5

Coverage: Worldwide

Fiverr is a global job listing platform that provides various opportunities to job seekers. It is a freelancing platform where you take up contracts for different clients.

The starting pay of Fiverr is a minimum of $5. However, this is negotiable. Once you have fixed the prices for your work, you can quote them to your clients. Additionally, Fiverr is a free sign-up platform and does not require membership.

3. Upwork Remote Data Entry Jobs

Potential pay: $5 – $15/ hour

Coverage: Worldwide

If you do not want to wait for a gig or keep setting them up till a potential client shows up, then Upwork is the platform for you. They have published job postings that are definitely worth your time. However, the pay for remote data entry jobs work can be on the lower end. If you’re willing to look past that, this platform offers you various opportunities to work.

You can also customize your rates and change them according to different projects. Your Upwork money can be accumulated within the platform and cashed out whenever you want or linked to your PayPal account.

This platform is free to sign up for and does not need a membership.

4. Amazon MTURK Remote Data Entry Jobs

Potential pay: $10-$15 /hour

Coverage: Worldwide

Amazon MTURK is an excellent marketplace for crowdsourcing where clients can outsource various talents. Almost all remote data entry work is available on this platform. One can do many quick tasks in MTURK, from short transcriptions to surveys. The pay is slightly low, but you can earn about $10- $15 per hour if you work fast and competently.

MTURK does hire worldwide since it is an Amazon service. However, it is widespread and slightly concentrated in North America.

5. ClickWorker Remote Data Entry Jobs

Potential pay: $10 per hour

Coverage: Worldwide

ClickWorker is a micro-tasking marketplace that has many similarities with Amazon MTURK. The average pay you can expect from this platform is around $10 an hour. It is an excellent platform for micro tasks since it hires globally, just like Amazon MTURK.

The main work done by most data entry operators here are:

App testing
Copyediting
Photo captioning
Research
Proofreading

If you are familiar with these tasks, getting a remote data entry job on ClickWorker will be easy. You will have to sign up and create a seller’s profile on the platform for the clients to have access to your portfolio.

6. Microworkers Remote Data Entry Jobs

Potential pay: $10 per hour

Coverage: Worldwide

If you are on the lookout for another micro-tasking marketplace like ClickWorker, you can give Microworkers a try. This platform enables you to make $10 per hour, where you can do jobs like data entry, surveys, data mining, and transcriptions.

It is a platform that hires globally, just like the former two platforms, and is a free-to-join service.

The average earnings per hour for data entry is $10, which can be cashed out via any payment gateway such as Payoneer, PayPal, etc. An added feature of Microworkers is that it allows you to pick short tasks and work schedules according to your preferred time. This gives the user much more flexibility.

7. Xerox Remote Data Entry Jobs

Potential pay: $12 per hour

Coverage: The United States and Canada

Xerox is a virtual recruitment program for a collection of work-from-home jobs, including remote data entry. The company has approximately 8000 users on their platform, and they are all majorly from the United States and Canada.

Xerox falls under the category of a higher-paying company. The data entry specialists on this platform make around $12 per hour.

Due to its decent pay, the platform attracts many applicants conducting a job search. This may cause a drop in job availability and make the data entry a lot more seasonal. Consistent checking up on the arrival of new opportunities will help you land a job on Xerox.

8. Konsus Remote Data Entry Jobs

Potential pay: $9 per hour

Coverage: Worldwide

Konsus, like Xerox, is another well-paying platform for remote data entry jobs from home. The average amount remote workers can make per hour is $9. However, this can vary from client to client, with certain data entry specialists making a decent amount.

The company is global, allowing you to apply from any corner of the world and have a chance to get accepted. Konsus offers various home data entry jobs in multiple fields, such as research, illustration, and writing. If you’re a multitasker, this platform will be ideal for you.

However, jobs do get filled up pretty quickly on Konsus. So, it would be better to constantly check the availability of jobs and apply immediately when the opportunity comes forth.

9. DionData Solutions Remote Data Entry Jobs

Potential pay: $8.50 per hour

Coverage: The United States

DionData solutions have been a sought-after platform for many data entry workers over 20 years. This makes their client base extremely wide and strong. The company does not hire globally but rather mainly from the United States, where you can make $5-$15 an hour.

However, they have in-house staff that handles data entry and only outsource remotely when their demand and orders increase. Thus, keep a check on the availability of data entry positions on their website constantly.

The platform also allows you to send an application and query regarding the availability of jobs and the timing of the following hiring. They pay decently and allow you to work entirely remotely with utmost flexibility.

10. The Smart Crowd Remote Data Entry Jobs

Potential pay: $5-$15 per hour

Coverage: Worldwide

The Smart Crowd is a platform that connects businesses to job seekers looking for work-from-home opportunities. Their need for a remote data entry assistant is always high. As such, the data entry assistant’s primary field of work is internet research along with other smaller tasks.

The Smart Crowd has been operating for the past 20 years, and you can check the reviews online to ensure it’s a genuine and reliable platform.

Moreover, it hires from around the globe and enables you to make around $15 per hour as a data entry assistant. Since the job is fully remote, it offers time flexibility where you can choose how much time you devote to the job.

11. Great American Opportunities Remote Data Entry Jobs

Potential pay: $9 per hour

Coverage: The United States

If you are a work-from-home job seeker looking for an entry-level online data entry job within the United States, The Great American Opportunities is an excellent platform. Unlike other companies, this organization allows you to sign up as an independent contractor. The pay from the company is decent as well- around $9 per hour.

However, the only con is that it is limited to U.S. residents and that the jobs are seasonal. This option is only viable for some job seekers outside of the United States. But if you do reside in the U.S, the jobs are highly flexible and easy to do with good pay.

12. Smart Locating Remote Data Entry Jobs

Potential pay: $8.50 an hour

Coverage: The United States

Smart Locating is another reputable U.S.-based company that hires mainly from its base area, Texas, and other nearby cities. The work hours are flexible and remote, but you will have a daily quota you’re supposed to meet.

Smart Locating is one of the leading nationwide employers and pays you around $8.50 per hour. The pay is not as good as other companies mentioned on this list, but considering the legit data entry jobs the company provides, it is definitely worth a shot, especially for entry-level positions.

13. SigTrack Remote Data Entry Jobs

Potential pay: $10-$12 per hour

Coverage: The United States

SigTrack is one of the most trusted U.S.-based companies focusing on data processing. They hire a remote data entry specialist for processing voter registrations and performing similar tasks. Though the amount data entry clerk jobs provide remains unmentioned, reports have suggested that a data entry worker can usually make $10 – $12 per hour.

However, you would need to be a U.S. resident to apply for these job positions and a PayPal account for the money to be credited. The jobs can get quite overwhelming during the peak seasons when the worker would be required to put in extra hours. But, most data entry jobs have a work schedule that is manageable, and flexible timings.

14. Capital Typing Remote Data Entry Jobs

Potential pay: $15 per hour

Coverage: The United States

Capital Typing is a company based in South Carolina that offers transcription services, market research, data conversion, direct mailing, data processing, and data extraction.

These are all highly essential services in data entry; hence, the constant lookout for data entry clerks and independent contractors to update their systems. Since the company is U.S. based, the hiring is usually done within the States. Data entry specialists can make an average of $15 per hour on this platform. The pay is decent, and the work flexibility is commendable.

15. Axion Data Entry Services Remote Data Entry Jobs

Potential pay: $5- $10 per hour

Coverage: The United States And Canada

Though data entry positionings can be scarce, Axion Data Services is one of the most sought-after platforms to work as a data entry clerk. They do not pay as much as other companies on this list. However, their loyalty to their workforce is to be appreciated. The agency will likely retain your services for long, even if you work remotely.

Another noteworthy feature of Axion is that they have consistent jobs, which would be something a job seeker would prefer when looking for a sustainable side hustle. The only downside of this company is that they charge you a nominal fee to retain you in their database.

16. Appen Remote Data Entry Services

Potential pay: $9 per hour

Coverage: Worldwide

Appen is a reputable job site for finding a trustworthy online data entry job. The starting amount you can make is $9 per hour, which will only be higher with data entry experience.

Just like MTURK and ClickWorker, Appen is a micro-tasking marketplace. They are highly demanding and have plenty of strict deadlines you will be expected to meet. However, the work hours are flexible, and they provide you with a support team in case you need help.

17. Working Solutions Remote Data Entry Jobs

Potential pay: $9 per hour

Coverage: The United States and Canada

Working Solutions has a workforce that comprises many highly skilled contractors. They are willing to hire anybody who has a decent amount of knowledge and experience in data entry.

The primary employment location of the company’s workforce is from the United States and Canada, where a data entry clerk can make up to $9 per hour. This can increase according to your level of expertise and discipline.

The only limitation with data entry work positions on Working Solutions is that they get filled up quickly. Apart from the seasonal job aspect, this platform is a great way to remotely make some money on the side.

18. Birch Creek Communications Remote Data Entry Jobs

Potential pay: $20 per hour

Coverage: The United States

Birch Creek Communications has mainly transcription-related data entry work, which is highly seasonal in nature. This can be a significant con to an aspiring data entry clerk as this platform is among the highest paying. With a sum of $20 per hour, Birch Creek Communications stand among the top in terms of pay rate.

Another exciting feature is that the platform allows you to sign up as an independent contractor, which means you would not have to work under strict deadlines or word count. If you manage to maintain at least 99% job accuracy, the opportunity for you to earn more becomes relatively high.

19. Gorge Warehouse Online Data Entry Jobs

Potential pay: $10.50 per hour

Coverage: The United States

Gorge Warehouse is a popular motorbike seller company that constantly hires data entry specialists to help them keep their websites fully updated and offer other related services.

The hourly pay rate is $10.50, which is considered high, especially for entry-level remote data entry work. These rates often result in an excess inflow of applications, which the company sorts out by laying down strict rules for applying such as minimum experience requirements, qualifications, criminal background check, etc.

The main requirement to apply is U.S. residency, after which you will need typing skills with a speed of 30 WPM and good experience with Microsoft Office.

20. Scribie Remote Online Data Entry Jobs

Potential pay: $5- $25 per hour

Coverage: Worldwide

Scribie offers transcription jobs and data entry positions and hires data entry clerks who can do the same. They hire globally and pay around $5 to $25, depending on your experience. So, the higher your experience levels are, the more chances of making good money.

The only requirements Scribie needs beside basic data entry skills are good communication and typing skills. Work and work hours are completely flexible, allowing you to take some time off from the platform when needed without any penalty for doing so.

Conclusion

These remote data entry jobs can help you get started in a particular field or act as a side hustle. Though not a job with an attractive salary package, these positions can help you pay your bills and build all the experience you need to advance in the said career.

On that note, it’s time for us to say goodbye. See you again!

About The Author

Reviewed by

James

James is a writer who is a self-confessed kitchenware and coffee nerd and a strong advocate of Sundays, good butter, and warm sourdough.

32 Best Side Hustles For Introverts For Extra Cash (Over $1000/Month)

James

Updated on

February 8, 2023

In today’s world, many people have a side hustle that they can rely on for additional income.

Side hustles provide a sense of financial security and can be used for various purposes, such as paying bills, clearing a debt, or even saving for the future. But if you’re an introvert, finding a suitable side hustle where you do not need to interact with people can be pretty challenging.

Most jobs require dealing with the public, which is one aspect that introverts are not comfortable with. That does not mean introverts have no options, but finding the right job requires a lot of hard work.

To help you out, we’ve decided to put together this comprehensive guide listing some of the best side hustles for introverts.

Signs That Indicate You Are An Introvert

The side hustles mentioned here can help you earn over $1,000 per month on average without needing to interact with others. But before taking a look at them, it can be helpful to understand the signs that indicate you are an introvert.

Some of the traits that are commonly found in introverts are:

They enjoy spending time alone instead of with others
They are highly self-aware
Others generally describe such people as calm and reserved
Such people find independent jobs like side hustles more appealing
They are comfortable only in the company of a few people

Now, let’s look at the side hustles introverts can use to make money online.

32 Best Side Hustles For Introverts

1. Become A Freelance Writer On Upwork

Upwork is an excellent platform for earning extra money by performing various gigs, and one of the easiest ones among these involves becoming a freelance writer. It is the perfect option for introverts who are good at creating newsletters, writing blog posts, and copywriting. Freelance writers can make around $25 an hour from Upwork, and there are other benefits as well.

There is no limit to the number of jobs you can take, so earnings are virtually unlimited, and such jobs can be performed remotely. Working hours are also completely flexible, and Upwork as a platform is incredibly popular among freelancers since it is reputable and safe.

But even though there are numerous job opportunities available, the only downside is that finding a job on the platform can be hard for a beginner. So, you can try out other similar sites like Textbroker and Fiverr.

2. Use Money-Saving Apps To Save Up

Looking for a side hustle should always go hand in hand with utilizing various money-saving apps that are available for your smartphone. Here are some of the best ones to check out.

A. Paribus

This is an app that allows users to take advantage of price drops and get refunds on purchases. It is a uniquely designed app that takes care of the negotiation part without you needing to do anything. And you get a free price tracker, which can come in quite handy.

B. Ibotta

A free shopping app, Ibotta allows you to get cashbacks on groceries.

C. Rakuten

Rakuten provides up to 40% cashback when you shop online and a $10 bonus after creating an account.

3. Create A Blog

Many people are using blogs to make money online nowadays, and it is a great option that can be utilized easily from almost anywhere. With blogging, it is possible to earn over $1,000 a month easily, and you can even do it part-time.

Advertisements and affiliate marketing are the most popular methods by which you can earn through your own blog. Also, the best bloggers use subscriptions and product selling, which are worth trying out as well.

You need a domain and a reliable hosting service to start a blog. Many such services offer free domains, which can be great for beginners and once the domain is active, it is time to create the blog and start writing.

To earn faster and make more money effectively using the blog, we recommend trying out online tutorials or courses.

4. Use The Nielsen App To Make Extra Money

Another way by which you can make money from home is by installing the Nielsen smartphone app. This app allows users to earn $50 when they install the app and keep it on their phones for one year. When installed, it monitors the smartphone usage of the owner, such as website visits, terms searched for frequently, and other online activities.

Apart from the signup bonus, the Nielsen app hosts guaranteed sweepstakes of $10,000 every month, and you can install the app on your computer to participate in it. But keep in mind that this amount is shared between multiple users.

5. Become A Transcriber

Becoming a transcriber is among the most interesting side hustles that can help you earn money. Transcribing involves recording audio files in written form and is very useful in legal and medical professions.

These are also the professions that offer the highest payment for transcribing, and there are various websites where you can sign up for that purpose. One of the best-paying sites is Rey, where the average hourly pay is $24, while providing exposure to additional side projects.

Some other notable sites worth checking out include TranscribeMe, Speechpad, and Scribie.

6. Earn By Becoming A Delivery Driver

If you are an introvert wishing to make extra money but also like to work outdoors, becoming a delivery driver is an excellent way. The reason is that, in this case, you will spend the majority of time driving instead of talking with people. Also, the payment is good, and delivery drivers can earn up to $25 an hour, though this depends on the company.

For instance, Instacart offers $15 while UberEATs pays $11 per hour, and both are incredibly popular among people searching for food delivery side hustles. Another option is Postmates, which allows drivers to claim 100% of their earnings.

7. Offer English Classes Online

Being one of the most used languages globally, the demand for English skills is extremely high. This means that there are numerous potential opportunities for native English speakers but if you’re an introvert, standing and teaching in front of a class is not an option.

So, the best alternative is to hold classes virtually, and there are various platforms that make it easy to do so. Teach Away, Qkids and VIPKid are some of the most famous ones, and you can earn $25 an hour on average with them.

These websites make it easy to teach online because you do not require a degree in English, which is often a requirement on other educational platforms.

8. Become A Social Media Account Manager

Interacting with others through social media platforms is usually easier for introverts than offline interactions. That is why such people make excellent managers for the social media accounts of various companies. You can find several well-paying gigs online that involve managing social media accounts of companies and they can be quite enjoyable as well.

As a social media manager, you will be responsible for handling the various web pages of the company. Generally, this involves creating and posting content, organizing different social media accounts, replying to comments on the official pages, and increasing followers.

Becoming a social media manager allows you to make as much as $55 an hour, depending on the company. If you’re looking for such a side hustle, Upwork is the best place to start but there are several other platforms offering such jobs as well. .

9. Provide Expert Answers And Get Paid

There are several websites that pay subject experts to answer questions related to their field. For introverts who are well-versed in a specific field and hold a degree, this can be a highly rewarding side hustle idea.

Websites like PrestoExperts offer good money if you’re willing to answer questions related to your field as an expert. And it has over 600 categories to choose from, so it is open to almost everyone. The site offers $2 per minute for providing expert answers, so the potential of earning well is very high here.

JustAnswer is another website that offers payment for answering questions as an expert. For each question you answer, the minimum payment is at least $20.

10. Offer Services As An Online Proofreader

Content marketing is becoming more and more competitive, which means that companies need to offer quality content to remain profitable. That is why they are always on the lookout for proofreaders who can deliver such quality.

Customers, clients, and other parties demand content that is free of spelling mistakes, punctuation errors, and irrelevant information. Because of that, proofreading is among the most suitable side hustles for introverts. It is also quite flexible and requires traits that are common among introverts, like high focus levels and an eye for detail.

The best websites that offer payment for proofreading include the American Journal Experts, Scribbr, and Hourly, each paying up to $25 an hour. Scribendi is also a good option that pays $20 for the same amount of time, and Upwork offers proofreaders $10 to $20.

11. Become A Graphic Designer

If you’re an introvert who knows how to use software applications like Illustrator, Gimp, or CorelDraw, becoming a graphic designer is another option worth considering. Graphic design involves designing brochures, books, flyers, magazines, comic books, graphic novels, and more.

Since this job requires you to spend most of your time on a computer, it is perfect for introverts. Other benefits include high pay and the ability to work remotely with platforms like Fiverr offering payments ranging from $25 to $50 per hour for graphic design gigs.

Another website that offers such opportunities is 99design, where you can offer freelance graphic designing services.

12. Use Etsy To Sell Craftwork

For introverts interested in crafts, Etsy provides a platform where craftwork can be showcased and sold. This e-commerce website specializes in selling furniture, art, handmade jewelry, home decor, and more.

Selling crafts on Etsy is very easy and does not require much time, so you can carry on with your full-time job while also making money online.

13. Get Paid To Become A Virtual Assistant

Becoming a personal assistant can be a great side hustle, but introverts find working in offices challenging. That is why becoming a virtual assistant might be a much better option. Since you can work remotely from your own home, the chances of everyday interactions with other people are very minimal.

Such jobs are among the most demanding side hustles and involve performing the same duties as a regular assistant would perform. This means you need to answer calls, reply to emails, organize meetings, write newsletters, and more.

The payment for virtual assistant jobs can range from $10 to $75 on websites like Fiverr and Upwork, but it also depends upon experience.

14. Become An Online Bookkeeper

One of the most popular side hustles that can help you earn extra cash is becoming an online bookkeeper. All you need are the skills to prepare financial documents or invoices and the ability to work with numbers.

You should learn how to use bookkeeping software and be up-to-date on the latest developments. Online bookkeeping jobs allow you to earn around $20 an hour on average and offer a high level of flexibility.

And there are several opportunities on websites like ClickNwork and ClickAccounts.

15. Run An Ecommerce Store

Launching an eCommerce store can be an excellent idea for those looking for a side hustle that allows good earning opportunities and helps create jobs. By selling products, you can grow your customer base and earn well for several years to come.

But due to the intense competition in such online businesses, you need to plan carefully before starting your own online store. The first thing to do is select a suitable niche that offers lucrative opportunities and some of the most popular ones include electronics, home products, or fashion items.

After selecting a niche, it is time to set up the store, which can be done by using platforms like Shopify. Once the store has been set up, you are ready to start earning from it.

16. Earn Extra Cash By Developing Websites

Introverts who have programming skills, experience, and knowledge, can use applications like Photoshop or platforms like WordPress to earn by designing websites. Many websites offer payment for website development, such as Toptal, Joomlancers, and ProgrammerMeetDesigner.

Other skills that can help you get the most out of such an opportunity includes an eye for detail, technical skills, and the ability to remain focused for long periods.

17. Making Money From Paid Surveys

If you’re looking for a side hustle that does not require much time or effort, then completing paid online surveys is a great choice. Several platforms offer payment for completing online surveys, and all that you need is a computer or a smartphone with an internet connection to get started.

Some such websites include Vindale Research and MindsPay, which offer $50 for completing surveys, while Survey Junkie pays up to $75. Opinion City is another website where you can earn up to $100, while you get a $5 bonus when signing up with InboxDollars. They also offer $5 for completing short reviews.

18. Get Paid To Test Products

One of the most popular side hustles for introverts is user testing. In this, companies provide you with their products to try out and offer feedback for which you are paid.

In most cases, the products do not need to be returned and some websites that offer such opportunities include American Consumer Opinion, Vindale Research, and UserTesting. After signing up with these companies, you will need to provide an experience-based review to get paid.

19. Make Money By Selling Digital Products

With the internet, it is possible to sell products in digital formats, such as checklists, online courses and guides, digital planners, video illustrations, and ebooks. Selling such products is among the most well-paid side hustles for introverts nowadays.

While there are several platforms that allow you to sell such products and make money, selecting the right one is important. Creative Market is an excellent option as it makes it easy to set up a seller’s account and helps you connect with a large community of buyers.

Other popular sites include eBay, Etsy, Amazon, and Udemy, which function similarly. One store that allows selling digital products for free is Storenvy, where it is possible to list as many as 500 products.

20. Get Paid To Take Care Of Pets

While introverts are not comfortable around people, they are just fine around animals, which opens up multiple opportunities of making some extra cash. You become a pet sitter and earn money by walking someone’s dog or keeping a watch on their cat while they are away.

Websites like Rover specialize in offering dog walking opportunities and only require creating an account. The usual rates for providing such pet-sitting services can range from $20 to $30, but you will need to set your own rate. Also, make sure to provide the correct contact info for quick and efficient communication.

Another website worth checking out for this purpose is Wag Labs, which has an app that can help you connect with dog owners looking for pet sitters.

21. Earn Extra By Providing Customer Service

Providing customer support services virtually, where the entire interaction takes place over the phone or the internet, can be a good option for introverts. You can work remotely by replying to emails and answering calls from behind a computer.

Additionally, the best customer agents are those who can listen to customers patiently and talk less, which are traits commonly found in introverts. Most of these jobs also do not require anything other than a high school diploma.

With this side hustle, you can earn around $12.80 per hour on average, but it is possible to find clients who pay more on websites like Glassdoor.

22. Make Money By Selling Used Items

Looking for an easy way to make money from home without compromising your full-time job? Then selling used items online is a great way to do so, while it provides an excellent opportunity to get rid of unwanted things and declutter your home.

The most popular platform for selling used items is eBay, where you can list up to 25 items for free. In some instances, the website even allows listing 500 items without charging anything. Items generally sold on the platform include footwear, clothes, gifts, appliances, etc.

Poshmark is another website you can check out for selling old clothes and baby products.

23. Become A House Sitter

A house sitter is a person who gets paid to look after people’s houses when they are away. Due to its very nature, it is a great part-time job for introverts looking to make some extra cash.

TrustedHouseSitters is a reliable platform where you can find such jobs easily. It helps connect people looking for such opportunities with those searching for house sitters in their local area.

You can earn up to $50 per night if the house owners also have a pet that needs to be taken care of. Some of the duties that are generally required in such a job include cleaning the yard, getting the mail, and keeping the house in proper order.

24. Look For House Cleaning Jobs

Since introverts prefer jobs where they can focus on the task at hand and can spend time alone by themselves, jobs like house cleaning are well suited to them. There are various websites where you can find such jobs, such as Handy.com, which allows cleaners to set their own rates.

Most cleaners on the website charge around $25 per hour for house cleaning services and higher for cleaning offices. This means that there is a very high potential to make good money from such jobs.

25. Make Money Through The Internet

Many people are unaware that they can make money simply by playing online video games, watching movies, or browsing the internet. Survey websites like Swagbucks are the most reliable and offer decent payment for such tasks.

Similarly, InboxDollars and Survey Junkie are websites offering similar opportunities. InboxDollars also offers a $5 bonus for signing up and has surveys that can be completed for additional payments.

26. Become A Self Publishing Writer

Individuals who have a flair for writing but wish to avoid the hassle of dealing with agents can make money online by self-publishing their works. While there are many websites that make it easy to do so, the most well-known is Amazon, which offers payment for publishing ebooks on the platform.

To use the platform and earn a passive income, write an ebook and list it online on Amazon or on other websites like Payhip. Such websites generally take care of all aspects related to book publishing, including getting the books printed and shipped.

27. Earn Extra As A Greeting Card Writer

Introverts are not known for being talkative, but they can come up with some great messages that are ideal for greeting cards and similar items. If you have such a skill, it can easily be used to earn some extra cash.

The job of a greeting card writer involves creating short and suitable messages relevant to the occasion. Some websites where you can sign up for this side hustle include Oatmeal Studios, Noble Works, Calypso Cards, Shade Tree Greetings, and Blue Mountain Arts.

28. Become A Flea Market Flipper

If you don’t know what flea market flipping is, it involves finding items that people may think have no value and selling them for a profit. So, you’re spending very little to acquire the item and making good money by selling it at a higher price.

This is among the best side hustles for introverts and one that does not require a lot of effort, in most cases. You can buy low-priced items online and sell them on other websites like Etsy, eBay, Craigslist, Facebook Marketplace, uBid, Oodle, and Offer Up.

There are several online courses that can help you learn how to make more money by flea market flipping and even turn it into a full-time career.

29. Get Paid To Play Video Games

This is an ideal solution for making money for introverts who love playing video games. Certain companies offer points for playing video games that can be redeemed for gift cards, while others offer real cash for the same purpose.

While MistPlay offers reward points, Point Club, InboxDollars, and SwagBucks offer cash rewards. Alternatively, if you have the time, becoming a YouTube or Twitch video game streamer is among the most lucrative side hustles to try out.

To do that, you need to create an account on the platforms and start broadcasting games. Also, make sure to focus on increasing your followers and interacting with them, which can help speed up the earning process.

30. Earn With Print On Demand Shops

In contrast with traditional printing, print-on-demand is a process where books and designs are only printed after customers purchase them. For introverts, this is a fantastic opportunity that can help them earn over $1000 a month easily.

You just need to upload the designs online and people can purchase the digital files, download them, and get them printed. There is a wide selection of printable items that can be sold in this manner and numerous platforms that allow you to sell them.

To help you make money with this side hustle, various articles and tutorials are available on the internet.

31. Make Money By Watching TV

Getting paid to watch TV sounds like a dream job for many people, and many companies pay you for that. This is a side hustle that almost everyone is going to love, irrespective of whether they are introverts or extroverts.

Netflix is a famous platform that offers such jobs by hiring people known as taggers who are paid to watch TV shows and provide feedback on them. While you cannot choose what to watch in most cases, getting money for sitting in front of the TV makes this one of the easiest and most enjoyable side hustles.

That is why it is a highly sought-after side hustle, and you need to be on the lookout for such opportunities.

32. Earn By Selling Stock Photos

Introverts are often associated with hobbies like photography, which can be used as a side hustle to make some extra money. If you have excellent photography skills, then selling stock photos online is a great option that can also help you earn quite a lot easily.

And it is quite enjoyable and easy since you only need to spend time with your camera taking great photos. After taking the photos, they need to be uploaded to the preferred platform from where customers can purchase them.

Generally, websites that sell stock photos require you to become a member. So, create an account, log in, post the photos, and wait for customers to contact you. Some stock photography sites worth checking out are 123RF, Shutterstock, Dreamstime, iStockhPhoto, and Bigstock.

Final Words

Due to their nature, introverts look for jobs where they can eliminate or at least minimize interactions with others. This is true in the case of their main careers as well as side hustles.

And the part-time jobs mentioned here are some of the most suitable ones for introverts. They do not require competing with extroverts, are incredibly flexible, and can help you make over $1000 per month.

So, take inspiration from the most well-known introverts like Mark Zuckerberg and Bill Gates and start earning more right after reading our guide!

About The Author

Reviewed by

James

James is a writer who is a self-confessed kitchenware and coffee nerd and a strong advocate of Sundays, good butter, and warm sourdough.

How To Make Money Online And Get Paid Through PayPal (17 Legit Online Jobs)

James

Updated on

February 8, 2023

PayPal is one of the most popular, global online payment platforms in the world.

You can easily sign up for free on the PayPal app and start accepting payments instantly. PayPal has partnered with various companies to allow its customers to earn extra income through their websites from the comfort of home.

Whether you want to earn passive income, part-time, or full-time, PayPal is the safest route to attain income from side gigs. All you need is a computer or mobile device, an internet connection, and a PayPal account to get started.

So, here are the top 17 legitimate online jobs that transfer money directly to your PayPal account.

17 Best Ways To Earn PayPal Cash Through Online Jobs

1. Fiverr Online Jobs

Fiverr is a platform that allows businesses to find and hire freelancers for a variety of gigs. These gigs can be anything from graphic design and web development to writing, marketing, or even recording videos.

There are literally thousands of different jobs you can choose from, so there’s sure to be something you’re good at. And, because you’re only paid when someone purchases your gig, it’s easy to make money on a daily basis.

With Fiverr, you can offer your services for $5 or more or share the projects on social media, forums, and other websites to spread the word. And, if you deliver quality work, you’ll soon start seeing repeat buyers that will result in more income.

One of the great things about Fiverr is that you can get paid very quickly. Once you complete a gig, the buyer has 24 hours to approve it, following which you’ll receive the PayPal cash instantly.

Common Attributes

Potential Earnings – $5 to $10,000 per gig
Presence – Worldwide

2. Ibotta Jobs

Ibotta is a grocery shopping rebate app that allows you to earn cash back on your grocery purchases.

Simply download the app and create an account to browse through the available offers. When you find an offer you’re interested in, add it to the cart. You can then scan the grocery store receipt when you’re done shopping and Ibotta will verify the online purchases before issuing a PayPal rebate.

Rebates can be redeemed for cash or gift cards and there is no limit to how much money you can make through this app. Once your account hits a minimum withdrawal amount of $20, you can start redeeming the cash.

Ibotta even provides a signup bonus of $10 and several referral offers to new users.

Common Attributes

Potential Earnings – $10 to $2,000 per month
Presence – US

3. TranscribeMe Jobs

TranscribeMe is an excellent option for those looking to get transcription jobs. It offers a variety of services, including transcription of audio and video files, as well as translation of written documents.

The company pays a base rate of $15 to $25 per audio/video hour, while the transcription files are usually short, from 2-4 minutes. You can get your weekly payments through PayPal by working for just 4 hours a day. The pay rate can vary based on the type of transcription you’re doing, as well as your experience level.

In addition to the base rate, you are eligible for bonuses and incentives. You can receive a bonus if you complete a transcription within a specific timeframe or after transcribing a particularly challenging copy.

Common Attributes

Potential Earnings – $15 to $25 per transcription
Presence – Worldwide

4. Chegg Jobs

Chegg is an online education company that offers a variety of services to students, including tutoring and homework help. You can customize your own schedule and work when needed. And, since Chegg tutors are paid hourly, you can make more PayPal cash if you can help a lot of students.

The Chegg platform is simple to use and easy to navigate. Once you create a profile in a few simple steps, start teaching students any subject you want. All you need is a solid educational background, a high-speed internet connection, a webcam, and a microphone.

Earning potential through Chegg is determined by two factors – your overall understanding of a particular subject and your availability. At present, Chegg requires you to have a 4-year university degree as a minimum qualification. It pays its tutors twice a month via PayPa and it’s easy to earn up to $20 to $30 per hour with this online tutoring platform.

Common Attributes

Potential Earnings – $20 per hour
Presence – Worldwide

5. Call Centre QA Jobs

Call Center QA jobs involve providing quality assurance to call center agents. This means monitoring calls and providing feedback on the performance of the agents working in a call center company.

At Call Center QA Mystery Shopper, you get cash rewards of up to $5 to $30 per call you attend, while a typical call lasts for 5-10 minutes. You can earn PayPal cash with the help of this company in a few different ways. The most common way is by working as an independent contractor for a call center, which means you will be paid for each call that you take and answer.

You get PayPal cash on a weekly basis but you can also choose to work for a call center on a per-hour basis or on a commission basis. The only requirement you need for working in this company is to be fluent in English and an internet connection.

Common Attributes

Potential Earnings – $5 to $30 per call
Presence – US

6. Survey Junkie Jobs

Survey Junkie is a website that pays people to take online surveys, and the more surveys they take, the more money they can earn. You can also win free gift cards and other rewards for reviewing products and services, such as free Paypal money.

Once you log in to this free app, you’ll see a list of available surveys, so pick one that appears interesting and start filling it out. When you answer surveys, the earnings will automatically be transferred to your Paypal accounts.

The surveys are short and easy, generally taking 15 to 20 minutes to complete, and you get paid $0.50 to $3 per survey. One of the great things about Survey Junkie is that the company pays through Paypal. This way, you can easily get your PayPal cash without having to wait for a cheque.

With higher positive reviews and a 4-star rating on Trustpilot, Survey Junkie is an excellent platform for making free PayPal money.

Common Attributes

Potential Earnings – $1 to $3 per survey

Presence – Worldwide

7. Swagbucks Jobs

Swagbucks is similar to Survey Junkie, but they don’t just have online surveys. But it offers free PayPal cash to play games, shop online, watch videos, read articles, and sign up for listed services.

The first time you join, it’s essential to verify your identity by taking a comprehensive test. This involves answering questions about yourself, age, gender, and race, following which you can start earning rewards!

Most of these surveys pay in terms of points which you can redeem through free gift cards or earn free PayPal money. With each survey, you can get up to 50 to 200 points and since each Swagbucks point is worth $0.01, you can easily make more than $50 in no time. There are even sign-up bonuses of $10 credits and gift cards.

Swagbucks is associated with more than 1,500 well-known retailers. As a member, you can expect to earn discount gift cards from popular stores like Walmart, Starbucks, Amazon, Domino’s, Xbox, and more.

Common Attributes

Potential Earnings – $1 to $100 per day
Presence – Worldwide

8. iWriter Jobs

iWriter is a content mill that allows writers to sign up and create articles for clients. It pays PayPal cash for articles based on their quality and the number of words.

The average hourly rate of a standard writer on iWriter is about $1.40 to $2.50 per 150 words. When you reach an elite level, you can start to earn as high as $80 for 1,000 words.

One advantage of iWriter is that it’s a relatively quick and easy PayPal money generator platform. You don’t need a lot of experience or knowledge to start writing articles for clients.

Another advantage is that you can choose your own hours and work schedule. This can be a great option if you’re looking to earn extra money but don’t want to commit to a full-time writing gig.

Common Attributes

Potential Earnings – $1.40 to $2.50 for 150 words
Presence – Worldwide

9. Survey Savvy Jobs

Survey Savvy is another free app you can use to make PayPal cash in just a few minutes. In exchange for your time and feedback, Survey Savvy gives you free PayPal cash to complete online surveys.

One of the great things about Survey Savvy is that there are no points or rewards to redeem. It directly transfers free Paypal money to your PayPal account, which makes it easy to keep track of the account balance. You can redeem the cash prizes when you reach a minimum payout threshold of $1.

Another plus is that Survey Savvy offers a variety of ways to cash out your earnings. You can choose to receive the payments via PayPal, cheque, or even donate the earnings to a charity of your choice.

Common Attributes

Potential Earnings – $1 to $3 per survey
Presence – Worldwide

10. Clickworker Online Jobs

Clickworker is a job platform that allows businesses to post short tasks that you can complete to earn free PayPal cash.

You can sign up on Clickworker for free and start completing the tasks right away. These jobs usually include things like data entry, writing articles, audio transcription, handling social media, and more.

The amount of free PayPal money you can earn for each task depends on factors like the country of residence, number of available tasks, and type of tasks you complete. However, you can typically expect to make $8 and $50 on an hourly basis.

Clickworker makes weekly and bi-weekly payments via PayPal and you can cash out the earnings once you reach a minimum withdrawal amount of $10.

Common Attributes

Potential Earnings – $8 to $20 per hour
Presence – Worldwide

11. Listverse Writing Jobs

Listverse website is a great alternative to iWriter, which gives your free PayPal money for your articles. With Listverse, you can earn extra money of up to $100 per article.

To get started, create an account on Listverse and submit your article. Once approved, it is published on the site and becomes available for anyone to read, after which you’ll receive payments via PayPal. It’s that easy!

The Listverse website allows you to earn money in 3 different ways. Firstly, you can be an affiliate and earn a commission for every person that you refer to the site and who makes a purchase. Secondly, you can write articles for the site and earn a commission for each accepted article.

Or you can participate in the Listverse Partner Program, a revenue-sharing program to earn a percentage of the advertising revenue generated from your articles.

Common Attributes

Potential Earnings – $100 per article
Presence – US, UK, Australia, South Africa, and Canada

12. Babbletype Transcribing Jobs

Babbletype is an online transcription service that allows you to transcribe audio recordings and earn PayPal money. To work for Babbletype, you must be a native English speaker and have experience transcribing audio files. You’ll also need a typing speed of at least 60 words per minute.

The joining procedure of Babbletype is quite extensive and you first need to create an account before completing a transcription test. Once you pass the test, you can start making money online by transcribing audio files.

You can even apply for the exclusive partner program provided by Babbletype. As a partner, you can access a larger pool of audio files to transcribe or set your own work schedule and transcription rates.

The payment varies from $0.40 to $1.60, depending on the type of transcript you need to translate. You can then receive weekly payments directly to your linked PayPal account.

With a bit of practice, you can become a proficient transcriber and get free PayPal money for online transcriptions.

Common Attributes

Potential Earnings – $0.45 to $1.60 per audio minute
Presence – US (except California)

13. Verblio Jobs

Verblio is a content platform that allows you to make money by writing SEO-friendly articles for businesses and other organizations.

There are a few different ways to make money with Verblio, including payment per article or payment per word. You can also choose to be paid a percentage of the revenue generated from your articles.

The best way to maximize your earnings is to write high-quality articles that are in demand. To do this, you’ll need to research the needs of businesses and other organizations in your niche. Once you know what they’re looking for, you can write articles that offer solutions to their problems.

At Verblio, you can earn from $11.50 to $57 depending on the level, word length, type of content, and client. The payment for all your published articles is transferred to your PayPal account every Monday.

Common Attributes

Potential Earnings – $11.50 for 300 words
Presence – Worldwide

14. InboxDollars Jobs

The InboxDollars app can be used to earn free PayPal money by completing certain tasks, such as taking surveys, watching videos, playing games, and browsing. You can even earn rewards and PayPal cash when you use this app for online shopping.

Most of its surveys are simple and usually take 15 to 25 minutes to complete. The basic pay for a single survey is in the $0.50 to $5 range or you can get PayPal gift cards starting at $0.25. There’s even a reward of $0.10 for redeeming every in-store gift card and coupon.

Once you have a minimum payout threshold of $30 or 5,000 points, you can redeem the earnings through cash rewards or free gift cards. This cash back app even lets you redeem the earnings in the form of electronic gift vouchers and it takes 24 hours for these vouchers to reach your email inbox.

All your payments to your PayPal account are processed every Wednesday. Right now, InboxDollars operates worldwide in 14 countries, including the United States, Australia, and Canada.

Common Attributes

Potential Earnings – $0.50 to $5 per survey
Presence – Worldwide

15. MyPoints PayPal Cash Jobs

MyPoints is similar to other online survey sites as it offers cash-back rewards on grocery store purchases. You get a $10 cash back at certain well-known stores, such as Kroger.

To use MyPoints, simply sign up for a free account and then link your grocery store loyalty card. Whenever you make a purchase at a participating store, you’ll earn points which can be redeemed for cash back or free gift cards. You can also earn points by completing surveys, shopping online, playing games, and watching videos.

A single survey takes about 5-30 minutes and with each survey, you can earn up to 30 to 150 points (equivalent to $0.35). You first need to accumulate a minimum withdrawal amount of $25 or 4,000 points in your account to claim these rewards.

MyPoints even offers a signup bonus of $10 in the form of a Visa or Amazon Gift Card. Hence, it is a great payout option to monetize your purchases and other online activities.

But there are a few things to keep in mind when using MyPoints. Firstly, be sure to check the MyPoints website before shopping to see which stores are participating. Secondly, keep in mind that points may take a few days to show up in your account.

Common Attributes

Potential Earnings – $0.35 to $6 per survey
Presence – US and Canada

16. CrowdSurf Jobs

CrowdSurf Transcription is another awesome money making app that allows you to transcribe audio files and earn PayPal cash. Transcribing audio is a great way to earn a little extra cash, and it’s a relatively easy task that can be done from anywhere.

Once you sign up for an account, start transcribing audio files, provided you have good grammar skills and high typing speed.

CrowdSurf pays up to $21 to $24 per hour, depending on the project and your work quality. You need to set up a Paypal account and link it to your CrowdSurf account, following which the earnings will reflect in the Paypal account. As per your preference, you can choose to get the PayPal payments every Monday, Wednesday, or Friday.

Common Attributes

Potential Earnings – $21 per hour
Presence – Worldwide

17. iTalki Tutor Jobs

iTalki is a free app that offers language lessons to students from all over the world and has lots of online language teaching opportunities. So, if you’re looking for an online tutor job, iTalki is a great place to start. You can set your own rates and schedule, and there are always students looking for language lessons.

To apply on iTalki, you’ll need to create a profile and submit a short video introducing yourself and the teaching style. Once approved, you can start marketing yourself to students and booking lessons.

According to Glassdoor, the average pay for a community iTalki tutor is around $15 per hour. That’s nearly double the average hourly rate for online tutors, which is $9.25, according to Payscale.com.

Of course, pay will vary depending on your experience, qualifications, and the number of hours you work. But if you’re looking for a well-paying online tutoring job, iTalki is a great option.

Common Attributes

Potential Earnings – $4.95 to $77 per hour
Presence – Worldwide

Final Words

As you can see, there are many ways to make money online and get paid through PayPal, especially if you don’t have much time to spare. You can easily earn an additional PayPal amount of $5 to $100 per hour outside a regular full-time job. But actual earnings will depend on how much time you invest and the kind of tasks you choose to perform.

Moreover, you don’t necessarily need a college degree to perform these legitimate online jobs. As long as you have a passion, there are many jobs that’ll help you earn free PayPal cash.

Whatever you choose, make sure to first consider the income goals, skills, and the amount of time you can afford before picking up any online gig.

About The Author

Reviewed by

James

James is a writer who is a self-confessed kitchenware and coffee nerd and a strong advocate of Sundays, good butter, and warm sourdough.

Is 90,000 A Good Salary A Year In 2023? (Quick Answer!)

James

Updated on

February 8, 2023

Salaries can have different values based on various criteria. Many factors, like your geographical area, housing costs, family status, etc., can significantly affect the answer to whether or not 90000 is a good salary. So, let’s take a look at some factors that affect the value of the amount and if it’s feasible.

Is $90,000 A Good Salary?

To answer the question in short, yes, $90,000 is a good salary. In the United States, the average annual income of a single person is around $97,962 in 2021.

This makes $90,000 not just good but rather a great salary, putting you above the nation’s average income. Though the value of the compensation may vary from one place to the next, $90,000 is typically considered a good salary.

Apart from it being a significant amount when compared to an average individual’s earnings, it is also higher than the average income of a two-person U.S. household, which is around $75,143. The median household income for most Americans amounts to $62,000, which contrasts even higher.

What Makes A Salary “Good”?

Though typically considered a good salary, the value of $90,000 can be influenced by many factors that deem it good, such as

1. Cost Of Living

Irrespective of how much money you earn, a salary is only good enough if it enables you to pay your bills and buy groceries comfortably. This heavily depends on the location that you reside in. The cost of living is remarkably different in each city, state, and neighborhood, meaning your salary can be more than plenty in some cities but barely enough in others.

If you are trying to figure out if 90000 is a good salary in a particular location, an ideal thing to do would be to research the locality and its cost of living.

Once you do this, you can learn about the average salary of the locality you plan to move to. Certain times, a salary package that is considered a generous paycheck will be an “okay” salary in some cities.

2. Paying Taxes

We know that the cost of living can vary from one city to the next. Similarly, tax rates can also be quite different in each city or state. A significant factor that decides if your salary is good or not is the amount you would have to pay in state and federal taxes every month. This amount will determine how much of your salary you actually get to keep in your bank account.

While calculating your local tax rates, remember to calculate each kind of tax and not just income tax. Why? Because some cities or states may not have tax income, where they make up for it with any other type of tax like property or sales.

3. Family Status

The third factor to consider when you decide on the value of your salary is your family status. If you have children or any member of your family who are dependents on you to sustain, your salary at hand, in the end, will be a lot less as opposed to being a single person.

Another factor to consider is if you will be the only source of annual income for your dependents to live off of. If you and your partner both work, sharing expenses will not drain your savings account.

4. Lifestyle

Your lifestyle is the key factor determining if your salary is good enough.

If you earn enough money to make ends meet and do not have a lavish lifestyle, a decent salary will be more than enough due to lack of expenditure. However, for someone who is keen on traveling every month, buying expensive clothing, and eating out every day, a higher salary will be a prerequisite .

Keep in mind that both these lifestyles are not right or wrong- the choice will be heavily based on your preferences.

5. Financial Goals

Your financial goals will also be a critical factor that heavily influences your salary value. For example, you may want to save up for the down payment of a house. If your salary allows you to pay your bills and save up simultaneously, you will consider the salary “good.”

Similarly, if you want to put away money for retirement, add college funds for your kids, or even donate to charity, a salary that allows you to pay your bills without compromises will be considered good. Though this factor only comes after the initial three factors, it is essential to keep it in mind when you’re trying to figure out what a “good” salary is.

6. Stage Of Career

Another factor that plays into the value of your salary is the stage of your career you are currently in. If you are a fresher stepping in for your first job, $90,000 will be a good pay. However, if you’ve been experienced in the field for a long time and hold an executive-level position, $90,000 would be just adequate.

Make sure you ask around and do a little digging to determine if your salary is on par with the average salary for the particular position and experience in your industry. You can find salary estimators online and job descriptions that are similar to your role and compare them.

Is $90,000 A Good Salary For A Recent Graduate?

Yes, $90000 is an excellent salary for a recent graduate. Being a fresher, naturally, you are bound to secure an entry-level position. Though your salary will depend on your area and the industry you’re stepping into, making $30,000 over the national average is relatively uncommon.

To see if $90,000 would be sufficient for you, look up the cost of living and federal tax rates of the state you’ll be living in. Subtract the said amount from $90,000, and you can start budgeting the rest.

The first step, however, is to keep a note of all unavoidable expenditures. These include:

Rent
Utilities
Gas
Insurance payments for car, health, renting homes, etc.

Once you’ve calculated the above expenditure, take note of how much you would need to spend on necessities like groceries, clothing, and hygiene products every month. If you have any debt payments, add this number to it and also the amount you would like to put into savings. Once everything is calculated, look at how much you have left for leisure and other miscellaneous things.

Though this may not offer an incredibly realistic budget, it will give you a well-formed idea of what it would be like to live off of $90,000 in a particular city. This can allow you to decide whether it’s a good salary.

Do keep in mind that this is your first job, and your salary will only tend to increase from this point on. So, if things are a little stuffy but you can still afford to pay your bills, it is not necessarily an insufficient salary.

Is $90,000 A Good Salary For A Single Person?

Yes, $90000 for a single person is a great number. It does depend on where you live, but $90,000 does allow you to pay your expenses and have a little disposable income afterward.

However, if you think your expenses won’t be covered by $90,000, here are some things you can do to save money.

1. Cut Down On Unnecessary Expenses

It might be hard to cut down on things when you already do not spend much. But, we all have a few day-to-day “wants” that would be better if given up.

Perhaps, you enjoy going out for coffee and lunch on the regular, which is, in all honesty, unnecessary expenditures. You can make coffee at home and pack lunch for at least a couple of days a week or cut down on snacks and other junk food.

Shopping in either clothing brand outlets or thrift shops rather than purchasing all the latest releases will also help. Try to go for versatile pieces that allow you to style them with various items. Cut off subscriptions for streaming services that you rarely use and stick to the ones you consume the most.

This might be tricky to do at first, but once you get more financial room, it will be worth it.

2. Try Living With A Roommate

We agree that living alone has its own beauty and advantages. But, if you plan on cutting down your living expenses, living with a roommate can help significantly. Rent is one of the biggest expenses that most people have. When you split the rent with someone, that expense is literally being cut down in half, thus allowing you to save more.

Apart from rent, you can split utility bills and groceries, too. If you’re close with your roommate, you can even share the cost of streaming services, furniture and decor, and even some leisure activities.

3. Create A Second Stream Of Income

This is one of the best ways you can reduce the stress on your primary source of income. With the betterment of technology, side hustles have become increasingly common. This means it is easier than ever to monetize a skill or hobby in your free time and fix the shortage of cash.

At certain times it may take a while to ensure you get all the legal procedures done, such as company registration and license, in case you want to start your own business. But once that is out of the way, you can begin a side hustle you thoroughly enjoy to increase your income and earn extra cash.

Odd jobs are your friends if you do not have the time or interest in starting a side business. It could be walking dogs, house-sitting, nannying, or mowing lawns on your days off that can help you get more money or create a wiggle room in your budget.

You can also consider selling your old items like clothes and furniture to earn some extra money. Even a few hundred dollars can help you immensely.

Is $90,000 A Good Salary For A Family?

$90,000 can be a reasonable amount for a family, but it depends on where you live and what your expenses are. Since $90,000 is much higher than the average median income, it should be sufficient to provide for your entire house in most parts of the country.

However, before you make up your mind on whether $90,000 is a good salary for a family, you should:

Compare all current expenses to your exact salary
Consider financial needs for the upcoming years

Taking the upcoming years into consideration is important because many factors are dynamic. Your kids are growing and changing their needs; likewise, the expenses tend to grow and change.

$90,000 might be more than enough for your family currently, but one cannot guarantee that it will be enough throughout the years. Especially when your kids are older and their needs change, warranting the need of a new car to new cell phones, the expenses pile up.

The chances of one making the exact same salary up to when their kids turn into teenagers are relatively low. However, it doesn’t hurt to be prepared and calculate further ahead when you are accepting a new salary with more money.

Do keep in mind to calculate any additional streams of income, be it from your partner or any other side business that you may have, to get the correct average expense.

Conclusion

To conclude, $90,000 is beyond a good salary for the majority of the people in most parts of the country. Though the value may be seemingly different when many criteria are considered, $90,000 still amounts to a good deal of money for someone to live comfortably. If you are waiting to accept a job with a $90,000 salary in 2023, we suggest you go ahead.

About The Author

Reviewed by

James

James is a writer who is a self-confessed kitchenware and coffee nerd and a strong advocate of Sundays, good butter, and warm sourdough.

How To Sell Feet Pics Safely And Legally [Make $200 Daily]

James

Updated on

February 8, 2023

Since the turn of the century, technology has been among the biggest factors responsible for creating new opportunities.

And one of the biggest technological innovations to date has been the internet. With the advent of the internet in the late 1980s, an ever-increasing range of opportunities started becoming available, and the process is continuing even now.

One of the newest ideas that have become popular in recent times and are quite lucrative is selling feet pictures online. People are making as much as $90,000 a year with this business idea, and since it does not require much investment, many people can try it out.

That said, like in any business venture, getting the most out of it requires having proper knowledge and following certain practices. In this guide we’ll be explaining how to make money by selling feet pics legally and safely in detail.

Selling Feet Pics Safely And Legally

Is It Legal To Sell Feet Pics?

The first thing most people want to know before starting this venture is whether selling feet photos is legal, and the answer to that can vary widely. It is completely legal in countries like the United States, United Kingdom, Canada, Australia, and New Zealand. However, there are age restrictions that vary between the different countries.

For instance, those under 18 cannot sell feet pics in the US because it is considered an adult job and, hence, unsuitable for children. In countries other than those mentioned above, certain restrictions prevent you from selling feet pics at all, such as dress codes or religious customs.

How Much Can You Earn By Selling Feet Pics Online?

The amount of money you can earn by selling feet pictures online depends on the agreement with the buyer. It can range from $5 to $100 and may even go higher, depending on the photo quality and your negotiation skills. But there are certain ways by which it can be assured that the feet pics sell well, such as:

1. Selling To Multiple Clients

The best way to ensure that your feet pics get sold is to sell them to multiple clients, which can include individuals, modeling agencies, and even businesses.

2. Sell In Bundles

If you want to earn more, sell feet photos in bundles and offer discounts. Like in other goods, buyers want to get the best quality and quantity at the lowest price. So, selling in bundles instead of single pics can improve the chances of getting better prices.

3. Building Relationships

Creating relationships with the purchasers can go a long way in helping you sell more. To do that, make sure to engage with buyers if they like the pics and ask them to bring their friends along.

Who Is Willing To Purchase Feet Pics?

Several types of people are willing to purchase feet pics, including marketers, bloggers, and feet doctors (podiatric physicians). Those who sell foot products like socks and shoes are also willing to buy such pictures, while there are people who buy feet pics to satisfy their foot fetish.

In fact, many people have a foot fetish, making it possible to make good money by selling foot photos. When selling to such people, remember most people prefer long and slender feet that are healthy and well-groomed, though preferences can vary.

There may be certain cases, however, where photos of injured feet may be required, such as on the website or social media page of a podiatric physician.

Selling Feet Pictures While Avoiding Scams

To sell your feet pics safely and legally, it is important to use reliable websites and apps, such as the ones mentioned here.

A. Selling On Social Media Platforms

1. Instagram

Instagram is one of the leading online platforms where photos are shared and has the largest number of active users of any social media platform. This makes it perfect for selling feet pictures.

To do that, first, you need to create a business account and access some useful tools which make selling feet pics easier. Among these is the Instagram shopping feature that allows tagging feet photos, making it easy for followers to visit the sales page and buy prints.

For people who don’t follow you, it is important to increase your visual market, and there are various ways to do so. You can start following them, and at least some will follow back, though there is no guarantee of that. Also, when posting feet pics, remember to use hashtags which can increase the chances of more people coming across them.

2. Facebook

Facebook is presently the largest social media platform in the world, which makes it the ideal choice for connecting with others. But to use it for selling feet pics, you need a business account, which provides a professional overview for your clients.

A professional Facebook account has an analytical data feature that can be very handy in gaining more customers. For the customers, such an account proves that you are a genuine seller.

To sell feet pics on Facebook, search for other similar sellers and contact them to join their groups. Keep in mind that sellers generally do not want competition in such groups, so you may need to create a fake account to enter them.

When contacting potential customers, make sure to get their email addresses, inform them about the pricing, and share your email address. Also, get them to like your Facebook seller page.

3. Twitter

Twitter is the platform of choice for marketers and investors since it can be used effectively to promote products and services or provide new investment opportunities. You can use this platform to attract investors and gain customers.

When using Twitter, you need to focus more on product descriptions since it does not rely on images as much as Instagram and Facebook. Try to get the email addresses of interested followers, which can be used to share feet pictures for selling purposes.

And create posts to attract new followers, improve brand awareness, attract investors, and engage with existing customers.

4. Tiktok

Tiktok has become an incredibly popular platform recently and allows posting 15-second videos with music and filters. With millions of active users around the world, it is an excellent platform for selling your feet pictures.

To utilize Tiktok for this purpose, you will have to create engaging videos to attract followers and potential customers. Such videos should contain information about your website and email address. Pricing and other things can be discussed with interested people who visit the website.

5. Snapchat

You can use Snapchat to sell feet pictures quickly using Snapchat Ads. This is a costly feature but allows you to advertise the products and sell directly to interested customers. However, this requires sharing bank account details, which increases the possibility of getting scammed.

6. OnlyFans

Another social media website where you can sell feet pics easily is OnlyFans. To do that, you need to sign up and create a profile for gaining followers interested in buying feet pics.

7. Tinder

Tinder might be a good option for selling feet pics if you want to try something new. Being one of the most famous dating apps, it is a great platform to attract people with a foot fetish.

Just sign up for an account and post your feet pictures. Those interested will contact you, making it easier to sell pictures.

B. Selling On Websites

1. FeetFinder

FeetFinder is a website that is among the best places where you can sell feet pictures online. What makes it such a great option is that the website checks and verifies the identities of each user to guarantee protection against scammers. It also adheres to the payment regulations mandated by the security standards council of the Payment Card Industry (PCI).

This means that all transactions taking place on the website are secured. FeetFinder also works with various banks to ensure that users’ money is not frozen.

To sell photos of your feet here, create a verified seller’s account, after which you can upload feet pics online. Customers can make various offers for the pictures, which can be accepted or declined. While established sellers earn very well from this website, new sellers should focus on building a customer base first.

Another noteworthy thing is that you can keep 80% of all the sales, while 20% is used by the website for adding new features, website security, and for attracting investors. There is a weekly payment system, and payment is made after you attain a balance of 30%.

2. DollarFeet

DollarFeet functions is another site where you can sell feet pictures easily. However, the website has to verify your identity first, after which they provide instructions on how to use it to start selling feet pictures.

While DollarFeet functions just like other marketplaces, there is one significant difference. The website purchases the feet pictures to be sold from the seller, offering $5 for foot pictures and $10 for 5-minute videos. This means that it is possible to earn up to $50 each day, depending on the number of items sold.

3. Instafeet

A website that can be used to sell feet pics online is Instafeet which connects you with potential buyers quickly. However, in this case, you need to have exceptionally good-looking feet to be successful.

Sellers should be over the age of 18 to make use of this platform and you need to create an eye-catching profile to attract interested buyers to get started.

4. Craigslist

Best known as an advertising platform, Craigslist can also be used to make money selling feet pics.

To start, create a profile providing detailed information that potential buyers may require to buy feet pics. Then, select a local market where the advertisement can be displayed.

You will need to post regularly on the platform for effective results since it is highly competitive. Also, make sure to post high-quality foot pics to attract buyers and ask for advance payments since there are many scammers on Craigslist.

5. Reddit

Reddit is a forum where people can hold discussions on any topic and can also share content. It can therefore be used to connect with people who are interested in purchasing feet pictures. You will need to sign up for an account to sell feet pictures, following which potential customers can send a private message to learn about the pricing and other details.

6. Quora

People usually use Quora to ask questions on various topics and get answers from various users. But what many people do not know is that it can even be used for selling purposes, though not in the same manner as on other websites.

Quora prohibits users from posting product pics and advertising directly, so you need to look for foot-related questions first. After coming across such questions, start answering them and direct the users to your website or social media pages where they can buy the feet pictures.

7. Etsy

Etsy is an online store that specializes in selling digital and hand-made products, and feet pictures can be included in the latter category. That is why many people are using it for selling feet pics, and you can do so too.

Most sellers on Etsy ask for at least $10 for their feet pictures, so selling multiple pictures can enable you to earn some extra cash easily. Just sign up on Etsy to get started.

8. Stock Image Websites

Those who are new to the feet pics selling trend may want to begin by trying to sell them to stock image websites. In such instances, you can earn money every time your image is downloaded by users, who can use it for various reasons. For instance, a foot doctor might post the pics on their website for treatment purposes .

When a buyer wants to buy a photo from the stock image website, they have to pay the website before they can download it. Some of the trustworthy websites where you can sell your feet pics include iStockphoto, Deposit Photos, Getty Images, Shutterstock, Fotolia, Dreamstime, Crestock, and Alamy.

9. Your Blog

Your blog is also an excellent place for selling feet pictures, and if you don’t have a blog, it is a good idea to start one for the purpose. The biggest advantage of using a blog to sell feet pics is that the content doesn’t have to be restricted to just text.

Graphics and images can be used effectively, while a blog offers additional opportunities to make money. You can sell products like video tutorials and ebooks to make as much as $2000 or more a month.

C. Selling On Various Apps

1. Kik

Kik is a social networking smartphone app used for messaging purposes and to sell feet pics using Kik, you first need to create a profile. After that, it is time to join a group engaged in selling feet pictures online, allowing you to find interested customers.

The app allows you to message these customers directly, though it is recommended to undertake business communications using email. But Kik can help you get in touch with customers before discussing business.

2. Foap

Foap is another app that makes it easy to sell feet pics by uploading them online. Once you do so, the foot pictures become available on the marketplace.

This is a great app since millions of people, both local and abroad, use the app to purchase photos. For every photo, the app charges $10, and for photos that are sold, you get $5.

But if the feet pics are very popular and purchased numerous times, they can help you make a significant amount of cash. That’s why it is essential to post high-quality pictures.

Becoming A Foot Model

A foot model is a person who earns money by showcasing their feet, which may be used for advertising products like footwear, jewelry, medical devices, and more. Foot models are generally women, and they can earn up to $2000 an hour, but for that, there are certain things to keep in mind, such as:

1. Ensuring Proper Foot Hygiene

Make sure that your feet remain clean at all times, which is crucial to make them appear attractive and prevent them from smelling.

2. Keeping Your Nails Trimmed

Properly cut and well-maintained nails can help enhance the beauty of your feet. When they are crooked, it can be hard to make your feet look aesthetically pleasing.

3. Exfoliating

Exfoliation helps remove the dead skin cells from your feet and can significantly improve their appearance.

4. Moisturizing Regularly

Dry feet can start peeling and cracking quickly, which is why they need regular moisturizing, just like your face. This also helps keep them smooth, so you should always apply oil after cleaning them.

5. Keeping Your Feet Hair-Free

Apart from dead cells, you need to remove hair from your feet to make them look attractive, and waxing is one of the most effective ways to do so.

6. Following A Healthy Diet

It is important to eliminate fat from your feet to ensure that they appear pretty. For that, you need to follow a proper diet and avoid foods rich in fat.

7. Keep Yourself Comfortable

Avoid walking barefoot and wearing extremely tight footwear. Both these conditions can cause discomfort, which can make modeling very difficult.

8. Acting With Your Feet

To know whether your feet are suitable for modeling purposes, try to act and showcase various emotions with them. Some common emotions that you can try out include discomfort and excitement.

9. Mastering Different Poses

To be a good foot model, you need to know how to position your feet in different ways. Take photos in various poses to get an idea about which pictures look best.

10. Performing Feet Exercises

People usually do not want to purchase photos of fat feet, which is why exercising regularly is essential to ensure that your feet remain slender.

11. Creating A Portfolio

Professional photographers need a portfolio to showcase their photos to clients. So, for foot models, creating a portfolio of their foot pictures is the best way to get potential customers interested in their work. Such portfolios can also include short videos to showcase different emotions.

12. Signing Up At A Modeling Agency

The easiest way to make money by selling feet pics is to sign up with a foot modeling agency. You can act as a foot model full-time or part-time while also selling the pictures online.

Some Useful Tips

1. Watermark Your Feet Pictures

When selling feet pics online, there is always the possibility of getting the pictures stolen. To prevent that from happening, make sure to watermark the pictures before posting them.

2. Ask For Advance Payments

Before sending your feet pictures, ask for advance payments to prevent getting scammed, especially on sites like Quora and Craigslist.

3. Ensure Professionalism

In feet modeling, the possibility of some buyers misbehaving is very high. However, it is important to be professional, which is the only effective way to deal with them.

4. Use High-Quality Photos

Get a high-quality camera if possible to ensure you are able to take the best photos or hire a professional photographer for the purpose.

Final Thoughts

Selling feet pictures is one of the latest trends allowing you to easily make money online. And it is getting increasingly popular day by day, so the competition is intense. Because of this, the possibility of scammers taking advantage of the situation is high.

However, the methods mentioned above will allow you to make money effectively while ensuring complete safety. Just make sure to use high-quality images and ask for advance payments when engaging in such activities to get the best results.

Now, you’re ready to make money by selling feet pics online. Good luck!

About The Author

Reviewed by

James

James is a writer who is a self-confessed kitchenware and coffee nerd and a strong advocate of Sundays, good butter, and warm sourdough.

Additional menu

How Does The Stock Market Work

Owning Stocks: The Basics

1. Stock Value

2. Stock Types

Where Does The Money Go When You Purchase Stocks

What Happens To The Money In Case Of A Price Drop

Price Fluctuations In The Stock Market

1. Information

2. National Economy

3. Financial Status

4. External Factors

Choosing The Right Stock

1. Study The Market

2. Choose A Sector

3. Find Individual Stocks

4. Look Into The Stock Market History

5. Keep An Eye On The Charts

Conclusion

About The Author

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1. Instacart

2. Postmates

3. UberEats

4. Lyft

Conclusion

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Why Become A Delivery Driver?

7 Highest Paying Delivery Jobs Near Me

1. FedEx Local Delivery

2. Uber Eats Delivery

3. UPS Delivery

4. DoorDash Delivery

5. Shipt Delivery

6. Instacart Delivery

7. Favor Delivery

Final Thoughts

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What Exactly Is Shorting Or Short Selling?

What Are The Risks Of Short Selling?

What Is A Short Squeeze?

Does Shorting Drive The Stock Price Lower?

How Does Short Selling Affect The Market?

How To Spot Short Selling?

When Is The Right Time To Short Sell?

What Is Naked Short Selling?

How Is Short Selling Different From Regular Investing?

Less Riskier Alternatives To Short Selling

Different Costs In Short Selling

1. Stock Borrowing Costs

2. Margin Interest

3. Dividends And Other Costs

Final Thoughts

About The Author

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Why Should You Earn Money As A Teen?

How To Make Money As A Teenager – Jobs For Making Money Online

1. Create Content

2. Sell Arts And Crafts

3. Make Money Through Gaming

4. Earn Money Through Online Surveys

5. Selling Older Items

6. Tutoring Younger Kids Through Online Platforms

7. Launch Your Own Podcast