Don Jr, Eric, and Ivanka Trump have taken out a combined $22M in mortgages on their new swanky homes in Florida since relocating from New York over the last two years
DailyMail.com can reveal Ivanka and Jared Kushner lead the siblings with the highest mortgage, borrowing $15M against their $24M Indian Creek Island home which was finally completed last month
In Jupiter, about 85mi north on Florida’s east coast, Don Jr, 45, and fiancée Kimberly Guilfoyle, 54, snapped up a $9.7M pad with a $4.8M home loan, while Eric, 39, and wife Lara borrowed $2.4M on their $3.2M house
By Chris White For Dailymail.com
Published: 07:12 EST, 26 November 2023 | Updated: 19:02 EST, 26 November 2023
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He has an estimated net worth of $2.6billion according to a Forbes report last month – but Donald Trump’s fortune is pitted against $200million worth of debt from his portfolio of luxury real estate, resorts, and golf courses.
And just like their famous father, Don Jr, 45, Eric, 39, and Ivanka Trump, 42, have followed suit in taking out massive loans to invest in their own swanky mansions and property.
DailyMail.com can reveal the three oldest Trump siblings took out massive mortgages, all at virtually the same time two years ago, totaling over $22million.
The hefty investments came when the family left New York and began putting down roots in Florida – where Trump relocated after losing the 2020 presidential election.
DailyMail.com can reveal Ivanka Trump and Jared Kushner took out a $15million mortgage on their $24million fixer-upper on Indian Creek Island in April 2021, a few months after they moved from Washington, D.C. to Miami. The couple’s monthly payment on their home loan is around $111,000
Miami Beach’s exclusive Indian Creek Island is known as ‘Billionaire Bunker’. The couple spent two years and spared no expense when they gutted and redesigned their new residence, which boasts six bedrooms and eight-and-a-half bathrooms
Jared and Ivanka finally moved into their newly renovated mansion with their three children, Arabella, Joseph, and Theodore in October.
And now, DailyMail.com can reveal that Ivanka and husband Jared Kushner took out the highest mortgage out of all the Trump kids for their new Florida digs.
The couple borrowed $15million for the $24million property they purchased in April 2021 on Miami Beach’s exclusive Indian Creek Island, known as ‘Billionaire Bunker’.
The home loan was obtained from Bank of America through an LLC linked to Kushner’s general counsel, Christopher Smith.
The deal is for 15 years and at the time would have been secured at a 3 per cent going interest rate, working out to a payment of around $111,000 a month.
Trump and Kushner, both 42, took more than two years and spared no expense when they gutted and redesigned their new residence, which boasts six bedrooms and eight-and-a-half bathrooms.
The extensive renovation project on the 1.3-acre estate was finally completed last month, just in time for Ivanka to celebrate her 42nd birthday with a dinner party at the palatial property.
Donald Trump Jr. and fiancee Kimberly Guilfoyle took out a $4.8million mortgage on the 11,000-square-foot mansion they snapped up in the exclusive gated community of Admirals Cove, in Jupiter, for $9.7 million in March 2021
The home loan for the six-bedroom, 11-bath mansion was obtained by Valley National Bank for 30 years and breaks down to approximately $29,500 a month, plus property tax
The political power couple joined the list of rich and famous residents in Admirals Cove, located just 20 miles from Mar-a-Lago
New aerial images of the resort-style property show its expansive sun deck, perfect for enjoying the balmy Florida heat year-round.
The private 300-acre Indian Creek Island’s wealthy residents include retired NFL legend Tom Brady and, most recently, Amazon’s Jeff Bezos, who purchased two neighboring mansions for $79million and $68million in the last three months.
The island has 34 homes, around 42 residents, and its own private 13-person police force that guard the single bridge to get on and off the estate, as well as a 24-hour marine patrol.
Meanwhile, about 85 miles north on Florida’s east coast, Ivanka’s older brother Donald Trump Jr, 45, and fiancée Kimberly Guilfoyle, 54, snapped up a $9.7million pad in March 2021 in the celeb-enclave of Jupiter, home to numerous sports stars such as Tiger Woods and Serena Williams.
Documents obtained by DailyMail.com show the pair took out a $4.8million mortgage on the property.
The home loan is with Valley National Bank for 30 years with the first 20 being at 3.25 per cent before increasing to the Federal funds rate. This is approximately $29,500-a-month plus property tax.
Younger sibling Eric, 39, and wife Lara, 41, picked up a $3.2million estate also in Jupiter near his older brother, in March 2021
The couple’s $2.4million 30-year mortgage from Valley National Bank works out at just over $10,000 a month plus taxes. The 7,715-square-foot home has five bedrooms, five bathrooms and is in his dad’s gated Trump National Golf Club
Just like his older siblings, Eric had been mainly based in New York before he and wife Lara followed his family down to Florida in March 2022 (pictured in April 2023)
Eric and Lara Trump’s $2.4million mortgage
The 11,000 square foot mansion is in the exclusive gated community of Admirals Cove, 20 minutes from his father’s primary residence of Mar-a-Lago, and boasts six bedroom, 11 bathrooms, pool, gym and games room.
Meanwhile, younger sibling Eric, 39, and wife Lara, 41, picked up a $3.2million estate, also in Jupiter in March 2021. It comes with a $2.4million mortgage from Valley National Bank.
Like Donald Jr, his mortgage is over 30 years, initially at a 3.125 per cent rate for 20 years, then at the Federal funds rate. This works out at just over $10,000 a month plus taxes.
The 7,715-square-foot home has five bedrooms, five bathrooms and is in his dad’s gated Trump National Golf Club.
The only grown up sibling not to have made an real estate investments in Florida just yet is Tiffany, 30 – Trump’s daughter from his second marriage to Marla Maples.
She was reported to have been house hunting in Miami Beach a couple of years ago, but it’s not clear if she ever went through with a purchase. She married
Home prices are on the rise again, especially in large metro areas, after a lull leading into 2023. Seven cities, including Atlanta, Charlotte, Detroit, and Miami are at all-time highs as measured by the Case-Shiller U.S. National Home Price NSA Index. So saving for a down payment for your first house can be tough. This is especially true if you’re trying to buy that first home while you also have student loans to pay off. And if you’d like to purchase that home super fast before prices soar higher, it can feel impossible.
But here’s the good news: It’s definitely doable, even within just 12 months, if you accelerate your savings and prepare wisely. Follow our strategy below to take that big step into home ownership fast. 💡 Quick Tip: When house hunting, don’t forget to lock in your home mortgage loan rate so there are no surprises if your offer is accepted.
Months 1–3: Save Like You’ve Never Saved Before
Do the Math
The median home price in the U.S. in late 2023 was $431,000. Saving 10% for a down payment on a home at that price is far more manageable than following the old 20%-down school of thought, especially when you have student loans to pay off. To succeed at saving $43,100 in a year’s time, you’ll need to save $3,592 a month, which seems slightly more plausible if you take a breath and break it down into 52 weeks, at $829 a week. Of course, you’ll want to crunch the numbers for the type of home you’re looking to purchase. If you can find a well-priced property and put even less than 10% down, you may need significantly less cash on hand.
But don’t put your calculator away yet.
In addition to saving for the down payment, you’ll need to factor in closing costs, which typically amount to about 3% of the home price. So for a home that costs $431,000, you would need to add $249 to your weekly savings goal.
Yeah, that’s a big chunk of change. But don’t panic; the first step is always the hardest. Just imagine yourself landing your first job or hosting your first big party. You managed that and you’ll manage this too. And remember to consider student loan refinancing, which can help lower your interest rate, monthly payments, and ultimately save you money.
Revise Your Budget
Hunker down and take a hard look at your budget. If you’ve decided to refinance your student loans, don’t forget to adjust your monthly fixed expenses to account for your lower payments. Compare your income and expenses to get a clear view of your spending habits, and then make the necessary changes to meet your weekly savings goals.
Look closely at your expenses to see what you can give up to increase your savings, and what costs you can cut back on. Can you join a rideshare group to save on gas? Part with a streaming subscription or two? Also, consider setting limits on eating out and buying clothing or gadgets you don’t really need.
Recommended: Home Affordability Calculator
Flex your Negotiation Muscles
Put your savvy bargaining skills to use to get lower interest rates on existing credit cards and auto loans, or discounted rates on subscription services.
Start a Home Fund
Open a savings account just for your down payment, and avoid dipping into it. This will help you keep careful tabs on your progress.
Reach out to Your Family and Friends
Within your 12 months of saving, you’ll have a birthday and celebrate gift-giving holidays. Let your friends and family in on your major goal of buying a house, and ask that they contribute money toward a down payment in lieu of material presents.
Just remember that if you receive unusually large sums or a large number of deposits in the months leading to your home purchase, you may need gift letters from the generous people in your life, indicating that there is no expectation of repayment. Depending on the mortgage loan, rules vary when it comes to how much of your down payment can come from gifts.
Months 3–6: Keep Saving. And Focus on Earning More
Ramp up Your Income
Think of creative ways to use your expertise and skills to boost your income. You did invest a substantial amount of time and money in your education, after all, so maximize the ROI to rake in some extra cash to put toward your home fund.
Perhaps you can roll out an e-course or teach a professional seminar at your local community college. Or look for a way to make extra money from home. And, if the time is right, ask for a raise.
Months 7–9: Build Your Credit (and Keep Saving)
Review Your Credit Report
Check your credit report to make sure it is error-free and that your credit score is as high as it can be. And mind the cardinal rule of credit scores: Pay your credit cards, student loans, and bills on time.
Check your credit utilization ratio (the amount of your credit card balances against their limits), too; you want that number to be low.
Now is also the time to be wary of applying for new lines of credit, as that will result in lenders doing a “hard pull” on your credit. Too many of these within a 6-month time frame could ding your credit score.
Recommended: First-Time Homebuyer Guide
Keep an Eye on Your DTI
Make sure your debt-to-income ratio (DTI) is as low as possible. Your DTI is a key part of securing a home mortgage loan, and while the lower the better, it should fall below 36% — although for certain types of mortgage the DTI can be as high as 43%. 💡 Quick Tip: Don’t have a lot of cash on hand for a down payment? The minimum down payment for an FHA mortgage loan is as low as 3.5%.
Months 10–12: Learn About the Mortgage Process (While You Keep Saving)
Do Your Mortgage Application Prep
Your mortgage company will require quite a bit of paperwork to get your loan approved. Familiarize yourself with the mortgage loan application process. Also check your credit score once more to make sure it’s still solid.
Explore Homebuyer Assistance Programs
There are many different programs designed to help first-time homebuyers gain access to home ownership. A loan from the Federal Housing Administration, for example, may help you purchase a home even if you haven’t saved a heap of cash for a down payment or if your credit score isn’t at the highest level.
If a fixer-upper is your goal, a HUD loan may be worth exploring. And depending on where you’re looking to buy, you might find city- or state-specific homebuyers assistance programs.
The Takeaway
Saving for a down payment and the associated costs of buying a home is a big endeavor, but with persistence and discipline, both in terms of your spending and your home-search process, you can find a home and have the down payment necessary to purchase it. The same careful planning that got you to college and helped you secure a student loan will help you achieve your dream of becoming a homeowner.
Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% – 5%*) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It’s online, with access to one-on-one help.
SoFi Mortgages: simple, smart, and so affordable.
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*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.
¹FHA loans are subject to unique terms and conditions established by FHA and SoFi. Ask your SoFi loan officer for details about eligibility, documentation, and other requirements. FHA loans require an Upfront Mortgage Insurance Premium (UFMIP), which may be financed or paid at closing, in addition to monthly Mortgage Insurance Premiums (MIP). Maximum loan amounts vary by county. The minimum FHA mortgage down payment is 3.5% for those who qualify financially for a primary purchase. SoFi is not affiliated with any government agency.
Most of us have hopes and plans for the future, and they often require a degree of financial success. Whether your aspiration is relatively small and close to home (say, hosting an amazing 30th birthday party for your sweetie at their favorite restaurant) or considerably grander (owning multiple homes and retiring by age 50), it takes planning and discipline to achieve them.
In a nutshell, smart money habits can start you on the path to achieving financial success and realizing your dreams. Adopting small (and repeated) changes in behavior can be one way to start building good financial habits that can last a lifetime.
Read on to learn six of the most important money habits that can help steer you to financial success and realizing your money goals.
Why Good Money Habits Matter
Good money habits can set you up for financial success. They act like guardrails, keeping you moving towards positives (like an impressive retirement fund) and away from potential challenges (say, too much credit card debt). They are, in fact, similar to other wise habits in your life, whether that means eating well, exercising regularly, not staying up too late watching Netflix, or remembering to call your folks often.
Yes, good habits can require some time and energy to establish, and then you likely need to maintain focus to stay on track. Some will become second nature or no-brainers; others may require more ongoing effort. But by sticking with them, good money habits can guide you to help manage your personal finances well, make smart decisions with your funds, and achieve your future goals.
💡 Quick Tip: Typically, checking accounts don’t earn interest. However, some accounts do, and online banks are more likely than brick-and-mortar banks to offer you the best rates.
6 Good Money Habits to Adopt
Here’s a closer look at six key money habits that can help you develop financial success.
1. Set Financial Goals
Formulating your financial goals can be an important step. Goals can guide you as you go about building a financial plan for the years ahead.
One person’s goals might be to pay off their student loans and save for a down payment on a house; another might want to sock away enough cash to start their own business down the road; and yet another might want to achieve a lifestyle where they can pay for their child’s college education and take ski vacations every winter.
Putting pen to paper or opening a document on your laptop can be a helpful way to focus and define specific financial goals to work towards. This can give you clarity and boost your motivation vs. simply saving in the abstract.
Once you have goals in mind, you can begin saving toward them and tracking your progress.
2. Budget Well and Track Your Spending
If you are just winging it in terms of your finances, it’s probably wise to prioritize setting up a budget. The word “budget” can cause a knee-jerk reaction because it smacks of deprivation (as in, no more lattes, ever!) but that’s not what it’s about.
Rather, a budget involves understanding how much money you have coming in and where it’s going (typically towards spending and saving). It can help you be more aware of your finances and balance them, too.
Out of the various techniques, the 50/30/20 budget rule is a popular option. It spells out that 50% of your take-home pay goes towards your needs (housing, food, and healthcare, for instance), 30% towards your wants (dining out, those lattes mentioned above, travel), and 20% towards savings.
There are plenty of other different budgeting methods to try and tools you can use to track your spending, which is an important facet of good budgeting. Your bank may even offer a convenient system for this. By tracking your spending, you can see where you may be spending too much (say, your once-a-week takeout habit has crept up to four times a week), be more mindful with money, and optimize your finances. Perhaps you can put more towards debt payments, for example, than you realized.
It can also be wise to get in the habit of checking in with your money regularly; many people find that a couple of times a week is a good frequency.
💡 Quick Tip: If you’re saving for a short-term goal — whether it’s a vacation, a wedding, or the down payment on a house — consider opening a high-yield savings account. The higher APY that you’ll earn will help your money grow faster, but the funds stay liquid, so they are easy to access when you reach your goal.
3. Consolidate Debt
As you work on your budget, you may want to cultivate another money habit to develop financial success. That involves dealing with debt.
This might mean paying off credit card balances in full and making all other necessary debt payments on time, such as mortgage installments and student loan payments. Calendar reminders can help ensure that all payments get made on time, as can automating your payments (more on that below). It may even help to arrange to have all payments due on the same day. Some lenders are willing to move a monthly due date.
If you have student loan debt, you might look into refinancing options. You might, say, be able to lower your monthly payment, though that could extend the term of your loan and cost you more in interest over the life of the loan. However, doing so may be the right move for some people. (Also keep in mind that if you refinance federal loans as private student loans you will lose access to federal benefits and protections.)
Facing and managing your debt is an important step, regardless of the specific solution you decide upon. It’s a habit that allows you to take control of your money. And it can keep your debt-to-income ratio low, which can be an important factor when you want to borrow money at as low a rate as possible.
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4. Know When to Consider Balance Transfer vs. Personal Loans
Building on the idea of consolidating debt is the next financial habit. This one involves knowing the warning signs when your debt is getting uncomfortably high and then taking steps to rein it in.
Sometimes, the steps above aren’t enough. If that’s the case, it’s wise to consider your options vs. taking a wait and see approach. Currently, credit card interest rates are over 20% which can be hard for some people to pay off.
So if you see your balance rising to a level you are worried about, consider the following options as you take control of your debt:
• You might try a balance-transfer credit card, which can give you a reprieve from high interest accruing for a period of time (often 18 months), allowing you to pay down your debt.
• You might consider taking out a personal loan and using those funds to pay off your credit card debt. The goal here is to have a lower monthly payment on the personal loan than what your credit card bill amounted to.
• Contact a nonprofit credit counseling service, such as the National Foundation for Credit Counseling, or nfcc.org. Getting in this habit before debt gets deeper can help you in the long run.
5. Automate Your Finances
It can be a good idea to save money right after getting paid — before the cash sits in checking long enough to spark the urge to spend it. So why not make it simple and save automatically upfront?
A person interested in saving might begin by automating just one kind of transaction. For example, they may opt to have $50 moved from a checking account to a different savings-oriented account each month. If that money remains unspent each month, those monthly automatic savings would total to $600 at the end of the year.
That could be a good way to start an emergency fund without expending much effort. You can also automate payments of, say, your utilities and housing costs or your car loan. Paying bills on time this way can help build your credit.
There are also numerous ways to automate your investments. A workplace plan, like a 401(k), may already be doing this. For someone who’s on their own, mutual funds can make auto-investment really easy. Alternatively, a robo-advisor service can automatically invest contributions on behalf of the investor. (Note: This automation may be challenging for those paid irregularly, such as freelancers and seasonal workers.)
By embracing automation, you can nail an important money habit. You can pay yourself first and stash cash away in savings. And you can avoid such bad money habits as not saving enough, paying bills late, or forgetting to pay them at all.
Recommended: How to Become Financially Independent
6. Investing Early and Often
“I invested too much money for retirement,” said no one, ever. Arguably, there’s no other financial goal that requires more habitual action — spread over decades — than saving and investing for retirement.
It can be tempting to push off planning for retirement until tomorrow. After all, when someone’s in their 20s or 30s, retirement is likely decades and decades away. Psychologically, it’s simple to presume that it’s just not worth thinking about in the now.
But, for many, retirement can be one of life’s biggest and most important expenses. It can secure your comfortable future. Investing early, often, and wisely, can help accomplish that goal.
Adopting this habit ASAP can be a big help; it allows for more time for money to grow via compounding. Compound returns are earnings on both the original amount invested (the principal) and the money earned via investing (the profit). The more months (or years) a person invests, the higher the potential for profits to compound. Note: It is important to note that all investing carries risk as the stock market can fluctuate.
Being consistent about moving money into your portfolio is important, too. Luckily, there are easy and affordable ways to get started investing. First, open an account, like a brokerage or a retirement account. (Investing in a 401(k) also counts as investing.) Then, investors can purchase investments like stocks and funds to achieve their goals. Or investors can use an automated investing service.
The Takeaway
Building good financial habits can be rewarding. There are more technological tools than ever to help with budgeting or expense tracking. From digital apps to automatic investing, building healthy financial habits has never been more accessible.
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Looking for a present for a birthday, baby shower, housewarming, anniversary, wedding or Christmas?
Meadow Aiken, which opened last month at 1216 Whiskey Road, offers a myriad of choices.
“We are a boutique that specializes in thoughtfully curated home décor and gifts,” said Malia Bybee, who co-owns the shop with her sister, Kristen Waters and her mother, Nikki Mackenzie.
“We find things we love that we would like to share with our friends,” Bybee added. “We also try to find things that are unique to Aiken.”
Hanging on a wall inside Meadow Aiken are brass animal heads, all of which are wearing spectacles. They include a rabbit, a bear and a mouse.
“There was a peacock, but it already has found a home,” Bybee said.
Also available for purchase are bath and body products, handbags, special order pieces of furniture, pottery, jewelry, cookbooks, gourmet items food such as truffles, jellies and jams, and much, much more.
“We have a men’s room with really cool leather goods, whiskey-themed things, cool games and some cool man candles,” Bybee said.
In addition, there is a room filled with baby gifts, including stuffed animals and clothing.
Bybee moved to Aiken from Austin, Texas, around six months ago. Her sister and mother still live there, but they travel to South Carolina on a regular basis and are “working their way” toward spending more time in the Palmetto State, Bybee said.
She learned about Aiken through circaoldhouses.com.
“It’s one of my favorite websites,” Bybee said. “They show old homes across the country, and Aiken just kept popping up on there.”
Bybee was intrigued and so were her sister and mother.
“We visited Aiken, and we just totally fell in love with it,” she said. “We loved the downtown that was full of local businesses and all of the activities in Aiken. When we got home, we couldn’t stop thinking about Aiken and picturing life here.”
The family has a similar business in Texas, Magpie Blossom Boutique, which is a floral and gift shop.
Meadow Aiken’s operating hours are 10 a.m. to 5:30 p.m. Tuesday through Saturday.
For more information, visit meadowaiken.com or the Meadow Aiken Home page on Facebook.
Architect Louis Naidorf had a disastrous 80th birthday cake. In 2008, Naidorf, who designed the Capitol Records building in Hollywood, was presented with a celebration cake that had been custom-baked in the shape of his iconic cylindrical building. But the pastry soon reflected the rather substantial difference between concrete and flour.
“When the cake was brought out, it gently collapsed, and everyone applauded,” Naidorf says, laughing over the phone from his home in Santa Rosa. “It was like in one of the movies where the Capitol Records building was destroyed.” Thankfully the cake for his 95th birthday, which he celebrated last month, was more structurally sound.
Designated a historic-cultural monument in 2006, the building has long been a favorite Los Angeles landmark to demolish on film — especially for filmmaker Roland Emmerich, who blew it up with an alien spaceship in “Independence Day” and slammed it with twisters in “The Day After Tomorrow.” Yet no movie can ever write the building out of a central place in popular music history. The tower is synonymous with the illustrious Capitol Records, home of Nat King Coleand Frank Sinatra, and the American record label of Pink Floyd and the Beatles, with the latter’s stars lining the Hollywood Walk of Fame right in front of the building.
Over the last several years, the building has been illuminated in support of various sociopolitical causes. In 2020, it was lighted red to support independent music venues. Last year, during their performance in Hollywood, Duran Duran lighted the Capitol Records building blue and yellow in solidarity with Ukraine. “I think that’s excellent,” Naidorf says. “Anything that vigorously engages the public on the right side of good causes transcends other issues. I’m flattered they use the Capitol Records building. It means it has enough cachet to merit being chosen to do that.”
Like the famous landmark he designed, Louis Naidorf has of late been experiencing his own brush with stardom, with postcards from autograph seekers arriving at his door. He is flattered but doesn’t take the attention too seriously.
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“It’s obvious that if someone asks me for four signatures I’m part of trading baseball cards or something,” he says. “They are going to trade four Lou Naidorfs for one Joe Smith.”
Still, he’s surprised and somewhat baffled by the sudden burst of recognition after all these years. “I guess my name ended up on a list or something,” he shrugs.
Naidorf was just 24 years old when he designed the Capitol Records building, in 1953. It was the world’s first circular office building.
Though it was 70 years ago, he vividly recalls how he felt when he received the assignment for his first solo project. “At one level, I felt enormous anxiety that if I didn’t get a solution, very, very quickly, something terrible would happen,” he says. “On the other hand, I felt a total confidence that I could do it. So it was a crazy contradiction.”
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Naidorf notes the building’s porcelain enamel sunshades with carefully spaced gaps to play with light and shadow. These cause spiral lines to appear on the building, drawing the eye into a rhythm rather than straight up and down. “You can see Capitol Records from quite a distance and you get a first impression of its basic form and character. You have a reading of it as complete,” he says. “But the building is designed so that the closer you get to the building, you discover more details.”
What about the long-standing myth that its round shape was designed to look like a stack of records with a rooftop antenna resembling a phonograph needle? As hard as it might be to believe, the legendary story about the building is just a coincidence — an urban legend that Naidorf has tried to debunk for decades.
In fact, when his boss, Welton Becket, tasked him with the assignment, the building was simply referred to as Project X. Shrouded in secrecy, Naidorf was given little guidance for the project other than being asked to design a 13-story building on a sloped side street in Hollywood that had to be kept as cool as possible and had smaller than usual floor space. He also didn’t know for whom he was designing it. Naidorf says it was common for clients’ identities to be kept confidential during the initial planning stages of a project.
However, Naidorf relished the creative latitude. The absence of information left him unburdened by preconceived ideas. “I knew the door was open for something special. It urged me so strongly,” he says earnestly. “I felt, and I think all architects feel this way … there’s a drive to translate the mundane bare requirements that clients come in with into something that has some poetic qualities about it.”
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Naidorf then had an epiphany: The project’s requirements were “eerily resonant” with a series of circular buildings he had designed for his master’s thesis in college. “The round shape is a very efficient enclosure of space,” he says. “You get more bang for your buck.”
Not everyone agreed with his approach. Naidorf says that Capitol Records co-founder and President Glenn Wallichs became irate when Naidorf presented him with a model and drawings of a round building, and “violently rejected” the design. “He thought it was a cheap stunt designed by a young guy to make the building look like a stack of records,” Naidorf says, laughing.
Wallichs insisted that Naidorf replace the round design with plans for a rectangular building. But when both rectangular and circular designs were presented to the insurance company financing the land, Naidorf says that Wallichs was urged to proceed with the round design.
Soon after, when talk of the building housing a radio station (that never came to fruition) was raised, Naidorf fretted when he was asked to design an antenna. He was worried that it would look like a phonograph needle and cement the idea that the building was designed to look like a stack of records.
Owing to his nagging concern, Naidorf positioned the rooftop spire asymmetrically, poised to appear as if it touches the roof delicately, like “a ballerina en pointe.” He calls it the building’s “grace note.” Still, the stack-of-vinyl myth persists. Laughing, Naidorf says, “It’s the most enduring myth of all.”
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Despite his good humor, it leaves him conflicted. “The building was not designed as a cartoon or a giggle. To have it trivialized with the stack-of-records myth is annoying and dismaying,” he says. “There’s not a thing on the building that doesn’t have a solid purpose to it.”
Naidorf’s ingenuity has been especially impressive to Los Angeles-based architect Lorcan O’Herlihy, who says he has “often responded strongly to the fact and admired that here was this interesting architect [Naidorf] who was combining science and art, or artistry and technology. Welton Becket [& Associates], very much to their credit, were at a period where modernism was at its heyday and they had to come up with ideas that were new and fresh and they did it, and Lou was certainly instrumental in that. His work is extraordinary.”
Naidorf was born in Los Angeles in 1928. His father owned a shop where he made and sold women’s clothing, with Naidorf’s mother lining the garments. Owing to his father’s lack of accounting skills and business acumen, however, the business often collapsed, forcing his parents to work at a garment factory until debts could be paid off to reopen the store.
Throughout his childhood, Naidorf’s family struggled financially as they moved around, living mostly in Silver Lake and Los Feliz. With only enough money to rent studio apartments, Naidorf’s parents slept on a Murphy bed while Naidorf spent his nights on a mattress on the floor.
As a little boy, Naidorf felt drawn to buildings. When his third-grade teacher decorated the classroom with a Hawaiian vacation theme, his fascination morphed into a calling. “I asked my teacher who made the drawings and she said, ‘Naval architects.’ And then I asked her who draws the plans for houses and she said, ‘Architects.’ She told me to ask my mother to show me the floor plans that were published in the real estate section of the Sunday edition of the newspaper.
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“When I saw them, I was a goner,” he swoons. “I now knew what I wanted to do. I wanted to be an architect.”
Naidorf remembers, at age 8, designing a three-bedroom house, using a card table as a makeshift drafting table. Soon after, he began designing small towns. “It wasn’t anything brilliant, but I was learning to draw, learning to scale and learning to think in spatial terms,” he says. When he was 12 years old, Naidorf got a part-time job at a bookstore, where he spent his first two paychecks on architecture books, absorbing them until they were threadbare.
Beyond literature, Naidorf amassed a growing collection of architectural materials (T-square, rectangles, instruments for ink drawings), thanks to his bar mitzvah presents, and decided he was ready to get to work. Sanford Kent, a young architect who had just graduated from USC, hired a tenacious 13-year-old Naidorf, paying him out of his own pocket.
Naidorf says tackling the abstract problems Kent gave him at once stimulated his mind and were instrumental in forming his long-standing ethos. “It got me thinking about architecture in terms of its effect on human emotions. The key issue is, ‘How do people respond to your work, whether from a distance or by living it?’” he says.
He continued to soak up whatever he could about architecture, gearing his junior and high school classes toward studying architecture in university. He attended UC Berkeley instead of the privately funded USC, not only to leave home and expand his horizons but also because of its affordability.
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Even still, Naidorf couldn’t afford all of the program’s required materials. He borrowed airbrushes from his fellow students, who would also give him their pencil stubs instead of tossing them out. Naidorf submitted his assignments on pebble board, which was not only cheaper than illustration board but allowed him to draw on one side, flip it over and draw on the other.
In 1950, Naidorf graduated at the top of his class and got his master of architecture degree a year early. He skipped his graduation ceremony because he had a job interview the next day at Welton Becket & Associates, where he was promptly hired. Among his earliest design assignments: a tray slide for a hospital cafeteria, a clothes closet and a “Please Wait to Be Seated” sign for a restaurant.
Three years into his employment, he began working on the Capitol Records building. Naidorf says he would design it the exact same way if he were given the assignment today.
Andrew Slater, former Capitol Records president and chief executive (2001-07), attests to the building’s distinctive charm. “When you go to work every day in that building it’s like you’re going into a piece of art, and it informs your attitude … to do something with that mindset, which is great,” he says. “Even though working in the music industry is, in a sense, an industrial endeavor, you never felt like you were doing anything industrial when you walked into that building.”
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Still, Naidorf fears being perceived as a “Johnny One Note,” as he puts it. Noting the plaque bearing his name outside the building’s main entrance, he expresses gratitude but wariness “that this one modest project has to carry my whole reputation on it.”
It’s a fair point, given the magnitude of Naidorf’s notable oeuvre. It’s earned him 17 regional honor and merit awards and AIA California’s Lifetime Achievement Award (2009). His work also has been featured at the J. Paul Getty Museum in Los Angeles.
“I know Capitol Records is always the first one people talk about and it’s a splendid, iconic building that fuses artistry and functionalism, but he’s also produced other projects over the years,” says fellow architect O’Herlihy. “The Santa Monica Civic Auditorium is brilliant.”
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Naidorf designed the 3,000-seat capacity Santa Monica Civic Auditorium on the heels of the Capitol Records building, in the late 1950s. Essentially two buildings in one, it was a challenge to design a locale that functioned at once as a performance space with a sloped floor and an exhibit hall with a flat floor for sports events, banquets and trade shows.
He transformed the floor from flat to tilted using a hydraulic system that was hailed for its innovation. “I don’t think you’ll find any place that has a symphony on a Friday night and a gem show, or some kind of hobby show, on Saturday,” he says.
Formerly home to the Santa Monica Symphony Orchestrabut currently sitting vacant, the Civic Auditorium opened its doors to the public in 1958. From 1961 to 1968, it hosted the Academy Awards. It also was the site of live recordings including George Carlin’s comedy record “Class Clown” and the Eagles’ “Eagles Live,” a double LP recorded during their three-night run at the venue. It also hosted “The T.A.M.I. Show” in 1964.
In the meantime, while the Civic was still under construction, Naidorf designed the 15,000-seat capacity Los Angeles Memorial Sports Arena, the biggest arena in Los Angeles when it opened in 1959. (The arena was demolished in 2016 to make way for the Banc of California Stadium, now called BMO Stadium.)
Naidorf says the Sports Arena, home to various Los Angeles sports teams including the NBA’s Lakers (1960-67) and Clippers (1984-1999) and the NHL’s Kings (1967-68), was built to attract sports teams to Los Angeles, but uncertainty about whether they’d catch on meant the facility had to be viable for other purposes.
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In 1960, a year after it opened its doors, the Sports Arena hosted the first Democratic National Convention in Los Angeles, where John F. Kennedy became the presidential nominee. Muhammad Ali (then known as Cassius Clay) won a boxing match there in 1962. It also hosted rallies by Martin Luther King Jr. and the Dalai Lama, and saw concerts by legendary rock acts including the Grateful Dead.
Bruce Springsteen played the venue’s final concerts before the building was demolished, a three-night stint during which he dedicated his song “Wrecking Ball” to the building lovingly nicknamed “The Dump That Still Jumps.” “Well, it was pretty dumpy by the end,” Naidorf says, laughing. “Not all architecture is permanent,” he continues. “I’d rather it was demolished and some useful purpose made of the site than having it sit there old, shabby and neglected as it was.”
Naidorf’s credits also include the Beverly Hilton Hotel, the Beverly Center and the Reagan State Office Building downtown. Outside of Los Angeles, Naidorf helmed the restoration of the California State Capitol Building in Sacramento, a six-year undertaking and then the largest-ever restoration undertaken in the U.S., and he designed President Gerald Ford’s house in Rancho Mirage.
The tallest building in Arizona, the Valley National Bank building (now Chase Tower) in Phoenix, also was designed by Naidorf, as well as the Hyatt Regency Dallas and adjacent Reunion Tower, the most recognizable landmark of the city’s skyline.
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He details these and his other high-profile projects in his 2018 book “More Humane: An Architectural Memoir”, filled with photos, backstories and personal anecdotes. Flipping through its pages, one learns that Naidorf not only took risks designing his projects but even risked his job on occasion.
He writes in his memoir that in 1958, when he was designing the Humble Oil (now Exxon) headquarters in Houston, he refused to design separate locker rooms and drinking fountains for Black and white people, as the company asked him to. When he went home on that Friday night, he describes not knowing if he’d have a job the following Monday. Not only did Naidorf not lose his job, he says, but the company ceased segregating its locker rooms and drinking fountains after that.
“I realized architects have access to some of the most powerful people in the world and it is our job to bring up issues that represent social issues rather than just architectural design,” he says. “The only thing for evil to triumph is for good people to remain silent. Architects should not remain silent.”
Naidorf also understood that sometimes he was designing projects where people don’t want to be, like the Naval Medical Center in San Diego, which opened in 1988. “I felt that there were two emotions we had to contend with,” he says. “One was to lay the sense that this would be welcoming and have a more personal quality. But if you go to a hospital you want a quite contradictory thing. You want to have a sense that it’s state-of-the-art, that whatever powerful forces can cure you, they’re there.”
Instead of one medical building, which he felt would seem ominous, he designed several structures and a series of outdoor walkways to make the facility feel warm and comforting. The treatment and diagnostic part of the facility was bold, with an abundance of steel and glass. Walkways were lined with floor-to-ceiling glass to allow patients to see the outdoor courtyard, grass, trees, sky and distant views of a golf course “based on the primitive feeling you have in the hospital, which is to get out of the damn place,” he says.
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When he was out shopping a few months ago, Naidorf met a woman who mentioned that she had been in the Navy, forcing her to move around a lot when her son was battling childhood leukemia. Without knowing she was talking to the Naval Medical Center’s designer himself, she told Naidorf that it was the only hospital that didn’t scare her ill 6-year-old son, who has since made a full recovery.
“What kind of an architect…,” Naidorf says, overcome with emotion and his voice breaking, “do you have to be not to hold that as better than any design award?”
Though Naidorf had risen through Welton Becket & Associates’ ranks to become vice president, director of research and director of design, he grew increasingly unhappy after the firm’s merger with Ellerbe Associates (it was renamed Ellerbe Becket). He moved into academia full-time in 1990, spending just one day a week at the firm.
Naidorf became dean of the School of Architecture and Design at Woodbury University, earning numerous distinctions, including teacher, faculty member and administrator of the year. He was also a guest professor at UCLA, USC, Cal Poly Pomona and SCI-Arc. At his retirement ceremony in 2000, he was awarded an honorary doctorate, marking not only the end of his academic career but also his time in Los Angeles.
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Charmed by the beauty of Northern California, Naidorf moved up the coast to Santa Rosa. For the next 15 years, he continued working with Woodbury University as campus architect, designing and remodeling some of its buildings, and was invited to be a board member.
When he parted ways with Woodbury at 87 years old, it was not with the goal of taking it easy. Naidorf had other pursuits in mind, including his work with City Vision Santa Rosa revitalizing the city’s downtown area.
He also helped his close friend, Mike Harkins (who edited Naidorf’s memoir), design his new house free of charge after the 2017 Tubbs Fire burned Harkins’ home to the ground and he and his wife lost 99% of their belongings.
“Lou offered without solicitation: ‘I’d like to design your house,’” Harkins says. “To me or anyone else who knows him, it was a heartfelt offer that of course he would make, and yet so much more. One analogy might be if Eric Clapton said, ‘I’d like to play at your wedding.’ The knowledge and sensibility that comes along with a Naidorf design offering is huge, just like his heart.”
Most recently, Naidorf has been experimenting with plans for a project to help people who are unhoused.
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Naidorf has made the most of his architecture license over the last 71 years. His voice fills with pride when he reveals that he holds the earliest issued active architecture license in the state of California, obtained in 1952.
“It’s something I wanted to be since I was a little kid. My architecture license was so hard to come by. I don’t want to give it up,” he says with palpable emotion. “I don’t want to be retired. I want to be an architect until I fall over. I plan to be buried as a licensed architect.”
Of recently turning 95, he jokes that he feels like a bad vaudeville performer who soon will be pulled offstage by a hook. But Naidorf remains in remarkably good health after surviving both prostate and esophageal cancer in his 80s.
To keep his brain sharp, he does exercises including counting backward from 100 by sevens and taking IQ tests online.
As a nonagenarian, he says there is no key to living a long life. He suggests, though, that it helps to try to use it well. “It’s not how big the steak is but how tasty it is,” he says. “I think you have to seek a calling, listen for it and search for it. Find something in your life that is really yours. … Get engaged with something that’s going to scare you, something where the problems are hard. And take risks. There is no failure.”
He also notes the importance of adaptability. “I have had four marriages. I’d better be resilient,” he quips. Twice divorced and twice widowed, Naidorf has a daughter from his first marriage, four stepchildren (who call him “Dad”) from his fourth marriage, 11 grandchildren and six great-grandchildren. An intensely private man, he’s reticent to speak publicly about his relationships and family, preferring to focus on his work.
“I remain so fascinated with architecture,” he says. “I cannot even walk past a store where somebody is putting in an electrical outlet without stopping to look in and watch it.”
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The chatty Naidorf turns summarily succinct, saying, “I certainly have had a good run.”
Inside: Do you want to make money online fast? If so, we’ll discuss the best digital products to sell on Etsy. By following these steps, you’ll be on your way to making money selling digital items quite easily.
Do you want to learn how to sell digital products on Etsy and make money through it?
Selling digital products offers an exciting avenue for generating passive income. With their low production and distribution costs, high profit margin, and potential for scalability, they stand as a lucrative business model for many entrepreneurs.
Moreover, once a digital product is created, it can continuously bring in revenue without the need for additional production costs, making it an appealing source of passive income.
The key to being a successful Etsy seller is to understand your chosen niche and what your audience wants.
We will dive into digital products you could sell on Etsy which range from arts & crafts to business materials.
This post may contain affiliate links, which helps us to continue providing relevant content and we receive a small commission at no cost to you. As an Amazon Associate, I earn from qualifying purchases. Please read the full disclosure here.
What are Digital Products?
Digital products are items that are accessed and delivered electronically, examples of which include software, ebooks, online courses, digital music, video, and audio files.
These intuitive products offer the versatile benefit of being easily reproduced and instantly accessible on various devices, without the requirement of physical storage or shipping. Plus the world is moving towards becoming digital anyway.
In creating digital products, businesses aim to capitalize on customer appeal and convenient delivery, which often complement their physical goods or services.
Why Sell Digital Products on Etsy?
Selling digital products on Etsy offers an incredible opportunity to showcase and monetize your unique creations. With Etsy’s vast online marketplace and its millions of potential customers, it has become a preferred platform for artists, designers, and content creators.
Furthermore, it provides the flexibility to set your prices in accordance with the value you offer and experiment with different pricing strategies.
This is a hassle-free way to monetize your creativity. Here’s why:
You craft it once, it sells eternally: Digital products offer the ultimate advantage of a “create once, sell forever” model. Imagine sipping a cup of tea while your creation secures sales one after another.
Resource-friendly: Bid adieu to the restrictions of shipping, storage, or material costs. Instead, welcome the comfort of financial freedom and resource efficiency.
Everlasting stock: Digital products on Etsy never run out! Say goodbye to inventory issues and overselling, which makes it a smart choice for long-term business.
So, start now by creating an account, picking your digital product, setting up shop, and starting selling on Etsy. With no heavy fees and no botheration of shipping.
Just pure creative power leads to sheer earning happiness.
What digital products sell the most on Etsy?
Well, our data shows that digital prints, planners, stickers, fonts, and children’s educational materials are some of the best-selling categories netting serious cash on this creative marketplace. This information came from Cody and Julie – the founders of the e-Printables course.
Typically, seasonal content always does well on any platform. Same with current trends like the “Barbie” craze.
These products are a creative enthusiast’s goldmine owing to their limitless customization capabilities, instant delivery, and cost-effectiveness.
Wherein, most busy professionals, students, parents, and small business owners find them irresistible due to their convenience and adaptability to suit specific needs and tastes.
To learn more about selling on Etsy, I highly recommend connecting with Cody and Julie in their free webinar.
What digital download sells best on Etsy?
Among the myriad of digital products available,digital prints notably rank as one of the best-selling downloads on Etsy, closely followed by other popular items such as:
digital planners
logo designs
travel guides
business card designs
Lightroom presets
printable invitations.
A beautiful synergy of convenience, utility, and aesthetics, that can be printed at home or in a local print shop, whenever you wish. Perfect for last-minute gifters, DIY décor enthusiasts, or anyone looking for hassle-free beautification!
So, staying in the game, consistently monitoring market trends, and adapting accordingly is the key to successfully selling your digital prints on Etsy.
Best Digital Products to Sell on Etsy
The best digital products to sell on Etsy depend upon various factors, such as your skills, customer interests, and specific market trends.
It is also important to keep an eye on high-sales products, check positive reviews, track favorites, and note recurring themes to understand what customers are looking for and to guide your digital product offerings. This is a quick way to make 300 dollars fast.
Here are the examples of some of the best digital products you might want to sell on Etsy:
1. Printable or Digital Planners
You’ve hit the jackpot if you’re contemplating selling printable or digital planners on Etsy. Some people might say digital or printable planners are seasonal but due to the high demand and flexibility, it could be the golden goose for your marketing on Etsy.
Buyers love and enjoy the tailored usability offered by printable planners, which they can customize to their requirements and physically pen in their plans.
You can supply this demand by offering a large variety and aesthetically pleasing designs.
Tip: Try bundling in different types of stickers for a snappier offer.
2. Craft Patterns
Craft patterns are a top-ranking digital product on Etsy, thanks to a revival of all things crafty!
From knitting and crocheting to sewing and embroidery, these digital masterpieces cater to the abundant trend-setters and hobbyists who frequent Etsy.
To truly get your digital craft patterns thriving on Etsy, remember to follow the trail blazed by successful pattern sellers like these Etsy sellers. These crafts start from an average selling price of $10, making them a lucrative venture for creatives.
Lastly, don’t forget to unleash SEO magic – get your product seen by the right people especially when creating a sewing pattern or crochet pattern. This can be your missing element for transforming hard work into hard sales!
3. Children learning materials
Looking for a profitable side gig? Selling children’s learning materials on Etsy is wildly popular and well-needed especially for those homeschooling.
Parents and teachers are snapping up digital educational resources. By marketing printable lesson plans, colorful flashcards, and engaging worksheets, parent is hyped to supplement their children’s education.
This is a great summer job for teachers because your educational resources might just be the next best-seller on Etsy.
Crack open those lesson plans, as your Etsy store awaits.
4. Wallpapers
On Etsy, phone wallpapers are the new moneymaker. Provide colorful ways for customers to personalize their devices, these digital beauties are a hot ticket item.
To catch the widest net, cater to both phone and desktop users. You must keep up with trends. Also, creating wallpapers for Apple watches and other high-tech gadgets or themed designs for holidays is always a hit.
It’s a simple concept: stylish wallpapers have an average selling price of around $3-4.
5. Calendars
Venture to sell digital business calendars guarantees a steady demand, as planning isn’t just a phase – it’s woven into the fabric of daily life. To get started, unlock your artistic prowess with any digital art program like Adobe Photoshop or Canva.
Begin creating your unique touch on calendars, ensuring they’re editable pre-print- a clear selling point. Remember, quality trumps all – prioritize visually appealing designs with user-friendly formats.
Time to turn dates into dollars. Listing calendars in your Etsy shop certainly won’t go out of style or demand. Also, aim for the $5 – $10 price range to hit the sweet spot of affordability and profitability.
6. Invitations
Invitations are among the top-selling digital items on Etsy.
Customizable templates for various occasions like weddings, parties, baby showers, and more are particularly popular. It’s perfect for creative individuals skilled in design who are looking to turn a profit on their talents.
These digital products can provide a meaningful revenue stream. Some creators can charge up to $20 per customized item.
The bottom line is that selling digital invitation templates on Etsy doesn’t just allow for creativity, but it’s also a lucrative business opportunity.
7. Business cards
Catering to the surge of remote entrepreneurs and the timeless need for personal cards, this trend is something to tap into.
You can offer editable, customized, or even smart cards – with features like one-click phone calls or emails – which can give your shop an edge.
Through Canva or Wepik, you can design exotic templates, offering customers the control to personalize before printing. Turn on your creative juices, let your brand shine, and step up your entrepreneurial ladder with a business card template.
8. Wedding Invitations and Printables
To be honest, I actually created my best friend’s wedding invitations. Maybe, I should have stuck with the side gig to make 500 dollars fast?!?
Wedding printables are now the ‘go-to’ digital products. This isn’t just about a cute ‘Save the Date’; offers a hassle-free, all-in-one wedding stationery solution, ready to match every wedding theme under the twinkling lights.
Help the DIY couples by providing a bundle: wedding program, customized hashtag sign, table place cards, save-the-date cards, and even personalized portrait options with a delightful sign thrown in.
You can provide a seamless experience and watch the sales ring along with the wedding bells.
9. Journal Inserts
Are you a fan of journaling or love designing layouts? Well, it’s time you converted your passion into profit. Making journal inserts is one of the smartest digital products you can sell on Etsy.
Audiences vary from educators needing organized lesson and homework schedules or those seeking self-help and discovery questions.
For optimal selling, focus on providing a variety of designs and including white spaces for personal touches.
With an average selling price of $5, they appeal to smart shoppers who prefer to print inserts on cardstock paper.
10. Digital artwork
Digital artwork stands out in popularity due to the unique customization and selection variety it offers.
Customers are drawn to the ability to choose from diverse art forms, including watercolor illustrations, inspirational quotes, and Baltic or Bohemian prints, that perfectly align with their personal aesthetic or represent an emotion they resonate with.
Moreover, the availability of immediate prints post-purchase greatly increases the convenience and appeal of this artwork form.
11. Recipe cards
Do you love cooking and want to create delightful digital recipe cards for your customers? But, don’t stop there, look at creating a meal planner to bundle with!
A printable, editable canvas for food aficionados brimming with delicious details of recipe cards is a great product. These digital delights are perfect for amateur chefs, bakers, and recipe bloggers.
The takeaway is clear. Selling recipe cards on Etsy is as facile as slicing butter, once you’ve got the right ingredients and the perfect recipe. It’s time to turn the heat up on your Etsy store and dish out some delightful recipe cards.
12. Social media templates
Creating social media templates can provide significant value for businesses and influencers seeking to establish a professional and cohesive online presence.
These templates, which can include pre-designed Facebook banners, Instagram stories, Twitter headers, and more, can be customized to fit a variety of themes such as minimalism, boho, or pastel colors.
When well-crafted, such templates can save businesses valuable time and effort while also helping maintain consistent brand imaging across different platforms. This is similar to a business hiring a virtual assistant with no experience.
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13. Printable Cake and Party Decorations
Selling printable party decorations as digital products on Etsy is like icing on the proverbial cake for smart entrepreneurs.
You can focus printable party decorations from charming cartoon-themed toppers for kids’ birthday cakes to exquisite, romantic pieces for weddings and anniversaries.
Whether you’re creatively inclined or have an entrepreneurial spirit spotting potential, these printables offer a loophole to financial growth. Bundle your decorations based on themes for enticing offers.
14. Zoom background
Thanks to the surge in remote working and virtual meetings selling incredible Zoom backgrounds on Etsy has emerged as a lucrative product in the digital landscape.
These tailored digital backdrops not only enhance the visual appeal of online interfaces but also cater to users’ needs to maintain privacy or conceal unorganized spaces.
However, you need to understand that creating Zoom backgrounds may not be beginner-friendly due to the required customization. However, do not let this intimidate you.
15. Productivity Trackers
People are constantly in search of practical, user-friendly tools to streamline their lives and make every hour count.
So, these productivity trackers are supremely versatile, covering daily routines, budgeting, goal setting, project management, and even grocery lists. Make your Etsy shop the one-stop shop for everyone’s needs.
As it becomes an increasingly popular choice to shift focus towards maximizing effectiveness in people’s daily lives. Whether it’s maintaining a workout routine, tracking investments, or staying on top of a student’s study schedule, these trackers cater to a wide assortment of needs.
16. Lightroom Presets
Lightroom Presets are essentially preset configurations that enhance a photo’s aesthetics, and folks from influencers to amateur photographers are keen to have them.
For starters, it caters well to the Instagram-obsessed demographic continually seeking to elevate their photo game. This venture is best suited for those who have a knack for photo editing and an understanding of aesthetics.
With an average selling price of $10, the numbers tip favorably in your Lightroom presets.
17. Etsy shop banners
Help out your new Etsy sellers by designing an impressive storefront with their shop banner.
Indulge your Etsy shop banners in various design themes suitable for a wide range of stores. Also, include a shop kit that makes store icons, a large and small banner, custom and reserved listing templates, and a profile picture graphic.
Promote your banner designing prowess to other sellers, so that you increase your brand awareness along Etsy.
When you have an awesome shop yourself, you are more likely to get sales!
18. Logos & branding kits
Move over, clip art! Logos and branding kits are in high demand as they fulfill the crucial need of every business that is striving for a unique identity.
Bundle your logos and branding kits or offer them individually to maximize your reach. Also, combining them with other digital products like media kit templates elevates your shop’s appeal.
This caters to diverse clients from Etsy sellers to businesses, influencers, and bloggers. Selling in this segment, you’ll never run short of market demand. Get ready to impress with your graphic skills, and ride the wave of this profitable venture on Etsy.
19. Thank you cards
This is a timeless product that is regularly used by businesses and individuals to express their gratitude.
Offering these thank you cards in digital, customizable formats can attract more buyers due to ease of customization and competitive pricing relative to store-bought alternatives.
You can also sell the same design on physical cards if you want for another revenue stream.
20. Fonts
In the world of businesses, creators, and crafters galore are on a relentless hunt for the perfect font that suits their needs. Where versatility is a font’s middle name – they can jazz up a brand’s website or add pizzazz to a party invitation.
Cricut fonts, in particular, are best-sellers. It is specially crafted for Cricut machines – a hit in the Etsy community of designers and makers.
Remember, the devil is in the (font) detail. Jump into the journey of digital font selling on Etsy and watch your typography turn into a treasure in no time.
21. Resume templates
Resume templates are handy, well-designed digital products are reportedly perfect for professionals keen on making their job applications stand out. It is mostly designed to suit particular sectors such as real estate or marketing.
After all, a well-structured resume could be the golden ticket to someone’s dream job – like one of these low stress jobs that pay well without a degree.
However, in my personal experience, the most successful templates are clean, professional, and neutral in color.
22. Invoice templates
You might think that cashing in invoice templates may seem odd, but these digital products offer ample sales potential on Etsy!
Their charm lies in their simplicity and frequently used nature by a wide range of businesses. Small business owners, short on time and design skills, frequently scout Etsy for professionally designed, eye-catching invoices – duly making it your prime market.
Transform invoice templates into a goldmine, with less likelihood of running into steep competition. With an average selling price of $10, you can surely earn money online quickly.
23. Website templates & themes
Are your web design skills a cut above the rest?
Leveraging your skills to create and sell website templates and themes on Etsy, and turn your talent into a tidy profit. This digital product must be customization-friendly with a range of applications, and cater to a broad audience—from small businesses to in-demand bloggers, giving them a sleek, professional online presence minus the design headache.
Begin by focusing on creating templates on popular website-building platforms like WordPress with a Kadence WP Theme. Make sure they serve a specific market, like photography websites or eCommerce stores, and ensure your products have unique, eye-catching designs that set them apart from the sea of competitors.
Remember, if your themes and templates are more unique and tailored. You can command, sometimes get a range of your product to $50.
24. Stickers
Stickers, both physical and digital stickers, are hot commodities on Etsy, cozily nestled among the platform’s top-selling items.
It also appeals to a large market spectrum, from social media users who love accentuating their chats with digital stickers, to fans of physical stickers decorating their belongings.
Remember, one major selling point is the editability of digital stickers, enabling customers to customize after purchase. Dial your creativity, pick a distinct theme, and roll out your sticker sets on Etsy – there’s a world waiting to stick onto your designs!
25. Bookmarks
Feeling bookish? Get your create-on and cash in on the thriving trend of selling digital bookmarks on Etsy.
Digital bookmarks, at a modest cost of $2 – $3 a pop, are gaining popularity as one of the easiest and fastest-selling digital products, thanks to their charm, practicality, and customized appeal.
Create an aesthetic touch on your reading escapades by hitting the serious tribe of bookworms. To amp up your sales and earn money quickly, don’t forget to add “personalization” options to your bookmarks.
26. Editable flyers
As demands surge, these feature-rich editable flyers become ideal for crafty entrepreneurs aiming to make a profit.
Most of your clients will be large markets comprising event organizers, business owners, and individuals who find convenience in ready-made editable materials.
Success in selling editable flyers on Etsy lies in understanding your target clientele’s needs, creating versatile and appealing designs, and offering top-notch quality. Kickstart your venture by preparing a wide range of attractive editable flyers.
27. Menu templates
Fresh out of the oven, menu templates are popular with restaurant owners to party planners who crave these editable, print-ready goodies.
These menu templates are flexible and can be tailored for cafes, restaurants, weddings, and even small business events. Therefore, begin by creating captivating designs–uniqueness sells and is editable for everyone who wants to customize it.
So preheat your digital oven – it’s time to serve up some mouth-watering menu templates on Etsy.
28. Gift tags
Digital gift tags on Etsy could light up your entrepreneurial path. With an average selling price of $5, these little printables have a big demand, particularly for special occasions like weddings and birthdays.
Ideal for individuals and businesses, this product can fit a myriad of needs from Christmas presents to children’s party favors. If you want to maximize your profits, focus on offering a wide range of designs that target different occasions and tastes.
Don’t forget to consider making a customization service that gives your customers a chance to tweak and add their personal touches.
29. Ebook Templates
Ebook templates have emerged as one of the most popular digital products on Etsy.
Beyond individual ebooks, sellers also offer a variety of creatively designed ebook templates, ebook covers, and materials for children’s books. With a target audience interested in arts and crafts, informative ebooks offer exceptional sales potential, especially those that provide professional knowledge in specific niches like graphic design or online money-making tips.
e-Printables Free ebook
Curious about selling printables on Etsy but don’t know where to start?
Get the secret list of best-selling products by month and learn you how to capitalize on seasonal trends to make sales.
Download Now
30. Fitness Trackers
Fitness trackers‘ popularity is booming as they cater to a wide array of tracking necessities beyond just gym visits or step counting.
This product helps monitor weight loss programs, home workout plans, and 30-day challenges, effectively, becoming a one-stop-shop for holistic wellness.
They are ideal for those aiming to enhance their fitness, sleep quality, and overall productivity. With an average selling price of $5, they offer an affordable solution to digital tracking needs.
31. Debt Payoff Trackers
Debt payoff trackers are fundamental tools for efficient financial management and debt reduction. They provide a concrete visual of one’s financial obligations and illustrate the progress made toward extinguishing each debt.
This encourages a consistent habit of payment and propels individuals towards financial freedom. However, cost should not be a barrier to good financial habits, which is why our website offers a wide range of high-quality debt payoff trackers completely free of charge.
While these are still popular on Etsy, you have to realize many people want free or extremely cheap.
32. SVG Files for Cutting Machines
Scalable Vector Graphic (SVG) files for cutting machines like Circut or Silhouette, are a crafter’s dream, making them a top-tier product to sell.
You can elevate your service by including a PDF tutorial or short video guide demonstrating the use of your product.
Ensure the functionality of your products by carrying out tests prior to listing.
33. Personalized Recipe Books
Being a foodie’s ultimate treasure, these recipe collections are perfect to tickle the taste buds of amateur cooks or pro food bloggers. Plus you can create recipe book templates to be used in Goodnotes or Notability.
Cultivate your online presence to spice up the sales of your digital recipe books.
From personal experience, I bought a digital recipe book because I didn’t want to create one myself.
34. Budget Planners
Budget planners are soaring in popularity, with these nifty tools averaging quite a tidy sum of $5-20 each. Its powerful design is both lucrative for sellers and beneficial for buyers.
In an increasingly digital world, these planners provide a seamless way to stay and stick on top of your finances. From the ordinary individual aspiring to save a penny or two to the business owner meticulously monitoring their profits and expenses. Some budget planner pros, like FRGLMAMA, have made over 60,000 sales!
Here’s a pro tip: Increase your profits by bundling your budget binder with envelopes and to-do lists. Users love the convenience and it saves them a search.
35. Wall Art
Calling all artists and designers with flair! Wall Art reigns supreme on Etsy – proving it’s not just a ‘dabbling’ industry, but a potential goldmine.
Remember, the ‘Home Sweet Home’ and ‘Be Kind’ style arts still hold their charm! Maximizing profits can entail providing add-on services such as printing and shipping.
Wall art downloads make great posters, especially for those who prefer to change up their decor often.
36. Gratitude Journal
Gratitude journals, with their guided prompts and questions, make hot picks for those striving for self-improvement or simply savoring the good in life. This little gem, flourishing in popularity, provides a thoughtful juncture for folks to reflect on the positive aspects of their lives.
This digital product is tailored for therapists, life coaches, stressed corporate followers, or anyone looking to light up their lives with gratitude.
Make sure to use keywords related to gratitude and journaling in your product description to maximize visibility.
37. Self Improvement Printables
People love these printables for their blend of practicality and inspiration by giving actionable tips, uplifting affirmations, useful trackers, and more.
These self-improvement printables are timely digital products that strike a chord with a growing audience keen on personal growth, self-care, and organization.
This product is perfect for those seeking self-help workbooks, motivational quotes, fitness planners, and even kid-friendly educational materials.
Is selling digital products on Etsy still profitable?
According to legions of online entrepreneurs, the answer is a resounding YES!
As the market for digital products keeps on growing, so does the profit potential for digital sellers on Etsy.
The startup costs are delightfully low – most of what you’re paying is merely for your product’s licensing and Etsy fees. After that, it’s all pure profit!
This method could be your ticket to financial freedom. So if you’re a creative at heart with a knack for producing digital gems, it’s high time you join the Etsy bandwagon to sell your valuable creations.
Etsy passive income isn’t just a haven for handcrafted goods – it’s also a hub for downloadable products from design templates to educational materials.
e-Printables Free ebook
Curious about selling printables on Etsy but don’t know where to start?
Get the secret list of best-selling products by month and learn you how to capitalize on seasonal trends to make sales.
Download Now
Now, What Digital Downloads to Sell on Etsy?
By now, you’ve embarked on an enlightening journey around the process of selecting digital products to sell. You have digested tips, explored examples, and refined your knowledge regarding your market, skills, and customer desires to ensure profitability.
So, let’s cut to the chase, find your product that fits the mold, craft an appealing product description, price it competitively yet profitable, and start making waves with your expertise in the digital market.
By coupling this post with the free training offered, you could be the next seller with digital products that are the next hotcake on Etsy! Will you be the next Etsy seller to learn how to make 10k a month?
Take your first step towards this entrepreneurial journey, and soon enough you could be reaping the sweet profits of your digital endeavor.
Now, start your listings and remember to believe what you have to offer is worth buying.
E-Printables Course
Are you ready to start selling on Etsy? Great!
Now, learn from the experts, so you are successful from the start. Learn everything else that goes into actually making money with this side hustle.
Spend time making products that have the best chance of selling.
Making printables is FUN, but it’s even more fun when it’s PROFITABLE!
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Do you want to sell printables online and make extra money? If so, you may be interested in learning about one of the most popular printables courses out there – Gold City Ventures E-Printables course. In this Gold City Ventures Review, I will help you learn everything that you can about this course so that…
Do you want to sell printables online and make extra money? If so, you may be interested in learning about one of the most popular printables courses out there – Gold City Ventures E-Printables course.
In this Gold City Ventures Review, I will help you learn everything that you can about this course so that you can decide if you should take it or not.
Gold City Ventures E-Printables course is one of the best printables courses out there, and it has a lot of positive reviews. But, is it for you? Continue reading to learn more!
Please click here if you want to sign up for the E-Printables course.
Key Takeaways
Selling printables on Etsy can be a great side hustle because you just need to create them once, and you can sell them an unlimited amount of times.
Gold City Ventures E-Printables course will teach you how to create, market, and sell digital files on Etsy for passive income.
This course is for you if you’re looking for a fun and profitable side hustle selling printables online.
You don’t need previous graphic design skills or to be tech-savvy in order to start this side hustle – this course is great for beginners.
You can sell printables on other sites too with what you learn from this course, such as at Teachers Pay Teachers.
There is a free workshop: Earn Money Selling Printables.
The Gold City Ventures course cost is $247.
Do you want to make money selling printables online? This free training will give you great ideas on what you can sell, how to get started, the costs, and how to make sales.
Gold City Ventures E-Printables Course Review
What are e-printables?
E-printables are a type of digital product that you can create and sell online. They are design files that customers can purchase and then print at home or use digitally.
You’ve probably used a printable before and so have many others. The printable business is very popular right now, and many people use printables every single day.
You can make printables for all sorts of things, like holidays (such as Valentine’s Day, Halloween, and Christmas), baby showers, bachelorette parties, birthday celebrations, greeting cards, a habit tracker, calendars, educational resources, grocery shopping, a meal planner, digital planners, party invitations, jar labels, gifts, and more.
Once you decide what to sell (which this course will definitely help you do), and after you’ve finished designing them (which the course will also help you do), you can sell them on platforms like Etsy or your own website. When someone makes a purchase, you earn money without having to physically make or ship anything.
If you want to learn how to make and sell e-printables, courses like the Gold City Ventures E-Printables course can teach you step-by-step. They’ll show you important skills like designing, marketing, and selling online so you can have a successful e-printables business.
Recommended reading: How I Make Money Selling Printables On Etsy
Why sell printables on Etsy?
Selling printables on Etsy is a popular way for people like you to earn money with minimal effort. Once you create and list your designs, you can keep earning from repeat sales without doing more work.
This means that this can be a great way to make passive income. If you make a popular printable and set up your shop to be easily found in searches, it can keep making sales over time without needing a lot of extra work.
This means that you can choose when to work and can do it from anywhere with internet access. This can be especially great for people who want a part-time job or to work from their own homes.
Plus, making and selling printables doesn’t have actual materials for you to buy or the need to spend money on shipping. This leads to earning more money compared to selling physical items as you’ll have low expenses.
Etsy also has a big audience, which makes it a great place to sell your printables.
What is Gold City Ventures?
Gold City Ventures could be exactly what you need to learn how to generate passive income. If you’ve ever thought about selling printables on Etsy, then the Gold City Ventures E-Printables course can help you turn this into a fun way to make extra money from home.
Gold City Ventures is a website that sells a full training course that teaches you how to earn money by selling printables online.
Cody Berman and Julie Berninger, the founders, created this course to help others learn from their own successful experiences in running Etsy shops and making money online.
Julie makes over $1,000 per month in her Etsy shop, The Swag Elephant, and Cody was hooked on printables since earning over $700 in passive income in one week while on a ski vacation.
Some of the success stories from people who have taken this course:
Sasha H. is an accounting professional and mother of two who sells budgeting printables to help families reach their money goals. Ever since taking the course, she has made over 10,000 sales in her printables store.
Jen G. took the course in 2019 and since then has made over 7,200 sales with her online shop.
What’s in Gold City Ventures?
Below, I will be talking about what is in the E-Printables course.
What’s included in the Gold City Ventures E-Printables course?
The E-Printables course by Gold City Ventures is designed to teach you everything you need to create and sell digital products on Etsy.
This course comes with step-by-step instructions on how to make money selling printables, from brainstorming what to sell all the way to listing your printable on Etsy. This course will teach you what to do, even if you are brand new. The course also comes with free templates which will reduce the amount of time you spend creating printables, as they give you over 30 done-for-you templates for Canva that you can just make small edits to and then list in your shop quickly.
Even if you are brand new to graphic design, this course will teach you everything that you need to know.
The modules included in the Gold City Ventures E-Printables side hustle course are:
Module 1: Getting Started –This module is an introduction to the course and gives you an overview of what you will learn.
Module 2: What Should You Sell? – These lessons will give you background information on what exactly a printable is, over 50 printable ideas, and more.
Module 3: Getting Started Making Printables – These lessons will teach you how to start making printables and includes finding fonts and pictures and a seller handbook.
Module 4: Canva Overview – This module gives you an overview of Canva, which is a graphic design tool that you will use to make printables.
Module 5: How To Make Printables With Canva – You will learn how to create a design in Canva in this module, as the module name suggests. You will learn how to use their Canva templates, how to make thank you cards, gift tags, coupons, and more.
Module 6: How To Make Canva Templates –This module will teach you how to make templates that you can sell.
Module 7: Creating Editable Printables With Corjl – These lessons will teach you how to use a different graphic design tool to create editable printables that you can sell.
Module 8: Packaging Your Printable –This module will teach you how to package your printables for sale as well as best practices.
Module 9: Making Listing Images –These lessons will show you how to make listing images, such as what a person sees when they search on Etsy for a product. This will be the image that entices them to click on your printable listing.
Module 10: Listing Your Product – These lessons teach you how to start your shop, how to list your product, how to decide what to sell a printable at, and more.
Module 11: Keyword Research Tools –This module will help you create better searchable listings for your products, such as how to do keyword research and all about Etsy SEO.
Module 12: Marketing And Advertising –These lessons go over coupons and sales, how to promote your printables on Pinterest, and more.
Module 13: Optimizing Your Shop – This module teaches you how to improve your sales, find a niche, and see success.
Module 14: Etsy Sellers App –This module goes over the Etsy Sellers App, how to monitor orders, and how to talk with customers.
As you can see, there are many helpful modules and lessons included in this course.
On top of all of that, you will also learn their seasonal product strategy. One of the reasons why students in this course make sales so quickly is because they follow their seasonal product strategy. They fully outline their seasonal trends strategy including all of the tools and resources you need. Some students have even made sales on their first day in the course with their Etsy printables business.
How much is the Gold City Ventures course?
The Gold City Ventures E-Printables course costs $247.
There are free resources that can help you get started, too, such as the free workshop: Earn Money Selling Printables. This free workshop will teach you how to get started selling printables. You will learn different ideas for printables to sell, how to get started on Etsy, and how to actually make sales.
Also, you can sign up for this free ebook that helps you figure out where to start when it comes to selling printables on Etsy. This can be a great way to get started and learn how to sell digital downloads on Etsy.
Who is the Gold City Ventures course for?
The Gold City Ventures course is for people who want to make money selling printables. It doesn’t matter if you’re new to digital design or already sell on Etsy. This course gives you helpful tips to do well in the e-printables market.
This course is for you if:
You want a fun and money-making side job by selling printable items on the internet.
You’re a creative person looking for a way to create passive income.
You want to make a few hundred (or thousand) extra dollars each month.
You want to work from home.
Pros and Cons of Gold City Ventures E-Printables Side Hustle Course:
Pros:
This course covers everything you need to know about making and selling printables.
The course was created by experienced Etsy sellers Julie Berninger (from the popular blog Millennial Boss) and Cody Berman (a well-known financial independence retire-early expert). There are also very helpful successful printables experts who are in their support group answering questions.
Helps jump-start your Etsy shop with actionable steps (there’s no fluff in this course – they teach you step-by-step).
You can possibly earn over $1,000 per month selling printables after taking a printables course.
There really weren’t any cons that I found in the course. But, some things to know include:
You must be willing to invest time and effort to learn and apply the course material as there are a lot of modules and lessons.
The course does have a cost. It is relatively low, though, at $247.
VIP Membership perks
One of the best parts about the E-Printables course is the bonus you get.
When you buy the course, you get a free trial of their VIP Membership for 30 days, and it starts right after you make the purchase.
The VIP Membership comes with two important things: 1) Their special Facebook group for VIPs, and 2) The VIP Membership Vault.
In the VIP Facebook group:
They organize live Q&A sessions, strategy talks, and virtual chats.
They hold monthly sessions where you can get help with graphic design to make your printables look even better.
You have daily access to three experienced experts in their paid group, each with a track record of thousands of printables sales on Etsy.
They will answer all your questions and respond to your requests for feedback on your shop.
And more.
The VIP Membership Vault comes with:
100+ bonus videos including guest interviews, technical training, and advanced strategies
5 brand new template packs you’ll receive every month that you can use for free in your business
Behind the scenes with 6- and 7-figure printables sellers
Even if you don’t have Facebook, you can still access this. Their live events are shared afterwards to the VIP Vault, and you can watch the video replay.
If you decide to continue with the VIP Membership after the initial 30 days, there will be a monthly charge of $29 until you reach 100 sales. They celebrate their “100 Sales Club” members at Gold City Ventures, and you’ll get a special prize sent to you by mail, along with a complimentary VIP Membership.
Note: You are not required to have the VIP Membership, and you can cancel it whenever you want. You’ll always have access to the E-Printables course itself, no matter what.
Refund policy
There is a 7-day refund policy as long as you don’t go past Module 1. If the course isn’t for you, they will give you a full refund, but you will want to make sure that you stay within this limit.
Gold City Ventures reviews and success stories
As you learn more about Gold City Ventures, you’ll see that lots of people have done well with their E-Printables course. This course shows you step-by-step how to make and start your own printable business. It can be a great way to make extra money on the side or even as a full-time job if you’re willing to work hard.
Many students have talked about how much they liked the course. They’ve gone from making their first printable on Etsy to earning a steady income from their online store. There are lots of success stories. People think the course materials are well-organized, easy to use, and packed with helpful advice and techniques.
Some of the things about the E-Printables course that students like include:
The course material covers everything, from creating printables to promoting your products.
There’s a kind and helpful community of fellow learners and teachers.
You get useful tools and resources to improve your Etsy listings and increase your sales.
You have a chance to make passive income with what they teach you.
A lot of people have discovered that investing in the Gold City Ventures E-Printables course is a great step in their printables business journey. Remember to think about your own goals and situation when looking at the success stories and reviews. This will help you decide if this course is the right choice for you.
You can read all of the success stories here to see what real people think of the course.
Frequently Asked Questions About Gold City Venture’s E-Printables Course
Below are answers to common questions about this course.
Do printables sell well on Etsy?
Yes, printables can sell well on Etsy. People search on Etsy all the time for printables, and I have done it as well. There is a lot of demand for creative and helpful printables on Etsy.
How much do people make selling printables on Etsy?
There is not an average that people make by selling printables on Etsy. This is because there are so many factors, such as what a person is selling, how many printable designs they have created, what they are doing to market their printables, and more.
Some sellers may make a few hundred dollars per month, while others could earn thousands. It’s important to remember that building a successful Etsy shop takes time and hard work.
How much does the Gold City Ventures course cost?
The E-Printables course costs $247.
How can I access the free workshop?
Free Training Workshop: Earn Money Selling Printables. This free workshop will teach you how to get started selling printables. You will learn different ideas for printables to sell, how to get started on Etsy, and how to actually make sales.
How long does it take to complete the course?
The Gold City Ventures E-Printables course is a self-paced program, so it might take a few days or weeks to complete the course, depending on your learning pace and available time. The average is around one month to complete the course.
What is the best printables course?
The best printables course depends on your individual needs and learning preferences. Gold City Ventures is one option that has received positive reviews and focuses on creating passive income through Etsy. This is the printables course that I highly recommend, as it is well-rounded and teaches you everything that you need to know right from the very beginning!
Is Gold City Ventures worth it?
The worth of Gold City Ventures relies on what you want to achieve. If you’re interested in learning how to make money passively on Etsy with printables, this program could be a good investment. It teaches both design and marketing strategies that have helped many people succeed.
Gold City Ventures Review: E-Printables Course Review
I hope you enjoyed this Gold City Ventures Review.
The Gold City Ventures E-Printables course will teach you how to make printables, even if you have no experience. This can help you to make extra money, even over $1,000 per month, as well as passive income.
E-printables are digital files that customers can buy, download, and print themselves, either at home or at a print shop. This market has seen a big increase in popularity in recent years as more people look for affordable and customizable options for things like home decorations, planners, and party supplies.
Gold City Ventures shows you how to make, promote, and sell your own printables on Etsy, taking advantage of this growing market and potentially earning you passive income.
Gold City Ventures might not be a perfect fit for everyone, but if you’re motivated, creative, and willing to put in effort, it could help you to make money from home. The course has detailed video tutorials and useful lessons designed to help you get into e-printables and selling on Etsy, even if you’re just beginning. Plus, hearing success stories and feedback from those who have completed the course can give you a lot of inspiration and ideas for your own entrepreneurial journey.
Please click here to learn more about the E-Printables course.
A flexible expense is a non-essential item in your budget. Because it’s not a must-have, you can change the expense in question to help save money. For example, while the newest smartphone (with all kinds of amazing camera functions) might be enticing, purchasing it could add strain to your budget. Instead, you could continue using the phone you bought last year and not increase that expense. In this way, managing flexible expenses can be key to making a budget that helps you reach your financial goals.
Flexible expenses span many categories, from dining out to travel to self-care. These expenses are negotiable, meaning you can save money by reducing or changing how often you spend on these items and services.
Here’s how to distinguish flexible expenses from inflexible expenses and how to reduce your monthly costs on them.
What Is a Flexible Expense?
The definition of a flexible expense is an item in your budget that you can modify or adjust as needed. These are different from necessities with fixed costs, such as rent and health insurance.
In addition, it’s worth noting that a fluctuating bill is not necessarily a flexible expense. For instance, while you might turn the thermostat down a degree or two to be thrifty or the price of fuel might shift, heating your home during cold months isn’t a negotiable expense.
Flexible expenses are those you change to make room in your budget. These may at times be commonly forgotten monthly expenses, such as buying birthday gifts or loading up on toys for your pet, but they aren’t essential for life.
Therefore, you can change them if you want. Perhaps you realize something (boredom? FOMO?) has been a cause of overspending in a specific area, or maybe you want to start saving money for a financial goal, like the down payment on a house.
Flexible Expense Examples
Flexible expenses are daily or monthly expenses you can change or eliminate. Here are examples of items in your budget that have wiggle room:
• Vacations. You might decide against saving for a vacation in Mexico and instead have a staycation to free up some funds.
• Beauty treatments. Having your hair or nails done is an expense you could eliminate or pay for less frequently.
• Electronics. A new phone or tablet can be a nice upgrade, but, if the one you bought three years ago is in working order, replacing it is a flexible expense.
• Food. This is a good example of an expense that can be either a flexible or inflexible expense. Everyone has to eat, that’s a fact. But planning meals and saving money on groceries when you shop are examples of how you might manage the inflexible cost of feeding yourself. There is a range of how much you might pay, but you will have to pay something.
However, when it comes to how often you eat out, get fancy lattes on the go, and meet friends for drinks, those are flexible expenses you can cut (even entirely) to save money. Those expenses are likely to vary too; for instance, you might dine out more around holidays.
• Entertainment. How much you spend on streaming services and cable television isn’t a necessary expense. It’s a flexible one. Yes, this kind of entertainment can be fun and relaxing, but you could cut cable or limit yourself to one or two streaming services.
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Recommended: 30 Fun and Affordable Hobbies
Flexible Expenses vs Inflexible Expenses
When you make a budget, inflexible expenses are the ones that are permanent and vital to daily life. For example, your mortgage, credit card minimum payments, and car loan costs are inflexible expenses. But, of course, they are flexible at a certain point. For instance, you could refinance your home to lower your mortgage payment or pay off a debt to get rid of it.
However, these require significant financial shifts and are more challenging to adjust to than your flexible expenses. As mentioned above, flexible expenses can reflect the wants vs. needs in life, or your discretionary spending. Flexible expenses can include dining out, deciding to upgrade your car or electronics, taking a vacation, purchasing gifts for others, paying to redecorate your home, joining a gym or yoga studio, and the like.
These are things many of us spend money on, but how much you spend and how often is under your control.
Flexible Expense Budgeting
Taking control of your flexible expenses can mean making a budget to manage your money and prevent overspending. One approach to take is the 50/30/20 budget rule. This popular system involves designating 50% of your income for essentials, such as housing and transportation, 30% for nonessential expenses, and saving the remaining 20%. Your flexible expenses will go into the 30% portion of the budget.
For example, say your monthly take-home pay is $5,000. Half your income ($2,500) goes towards your needs, and 30% ($1,500) is for flexible expenses. The remaining $1,000 gets put towards savings. So, your job is to make your non-essential expenses fit into the $1,500 portion of your budget.
That said, the 50/30/20 rule might not work for you, especially if more than half your income goes toward essentials. Not to worry: You can approach flexible expenses from another angle. Instead, you can take your bank and credit card statements from the past three months, identify the flexible expenses, and decide which ones you can cut from your budget or reduce. For instance, you might realize you’re spending $75 at coffee shops every month and decide to make your own coffee every morning.
Where Flexible Expenses Should Be Funded From
You can pay for flexible expenses by opening a checking account and using funds in it for those charges. For instance, you might have your cable bill linked to your bank account to make an automatic payment every month. You might tap a linked debit card when you shop for, say, some new shoes.
A credit card with rewards could also be a good way to pay for flexible expenses. Getting cash back on every purchase can be a good perk when paying for flexible expenses. For example, using specific credit cards for such major expenses as flights and hotels during a vacation can provide considerable rewards. However, you’ll want to be wary of carrying too much of a balance on your credit card since that’s typically high-interest debt that can be hard to pay off.
Also worth noting: If you have enough money in an emergency fund, that could be useful for specific flexible expenses, such as unexpected bills. Not things like taking a long weekend away, but perhaps paying for a car repair bill that you didn’t see coming.
Recommended: Reasons Why It’s So Hard to Save Money
The Takeaway
A flexible expense is one you can usually change at will to fit your budget or an expense that can pop up without warning. These irregular expenses usually reflect your spending habits, such as how often you’ve dined out or treated yourself to some new clothes or electronics. Recognizing and wrangling these flexible expenses can help you take control of your finances. Also, keeping some cash in an interest-bearing bank account can be one way to afford fluctuations in these expenses.
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FAQ
Is rent a flexible expense?
Because rent is a consistent monthly cost, it isn’t a flexible expense. This bill doesn’t fluctuate, and you’re usually only able to change it by moving somewhere else.
How do you budget for flexible expenses?
You can budget for flexible expenses with the 50/30/20 rule, where 50% of your income is for inflexible expenses and 30% of your income is for flexible expenses. The remaining 20% is for saving. This 30% provides a boundary in which you must fit paying for the nonessentials, like entertainment and travel.
What is an example of a flexible expense?
Flexible expense examples include a vacation and a meal out. Both are flexible expenses because they are nonessential expenses. You dictate the cost because you choose where you’ll go and what luxuries, treats, and events you’ll pay to partake in.
Do flexible expenses stay the same?
Flexible expenses regularly change based on your spending habits. For example, your choices regarding food and entertainment drive how much you’ll spend in these areas. You can change these habits weekly or monthly to adjust how much you’re spending, unlike rent or a car note.
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SoFi members with direct deposit activity can earn 4.50% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. Direct Deposit means a deposit to an account holder’s SoFi Checking or Savings account, including payroll, pension, or government payments (e.g., Social Security), made by the account holder’s employer, payroll or benefits provider or government agency (“Direct Deposit”) via the Automated Clearing House (“ACH”) Network during a 30-day Evaluation Period (as defined below). Deposits that are not from an employer or government agency, including but not limited to check deposits, peer-to-peer transfers (e.g., transfers from PayPal, Venmo, etc.), merchant transactions (e.g., transactions from PayPal, Stripe, Square, etc.), and bank ACH funds transfers and wire transfers from external accounts, do not constitute Direct Deposit activity. There is no minimum Direct Deposit amount required to qualify for the stated interest rate.
SoFi members with Qualifying Deposits can earn 4.50% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Qualifying Deposits means one or more deposits that, in the aggregate, are equal to or greater than $5,000 to an account holder’s SoFi Checking and Savings account (“Qualifying Deposits”) during a 30-day Evaluation Period (as defined below). Qualifying Deposits only include those deposits from the following eligible sources: (i) ACH transfers, (ii) inbound wire transfers, (iii) peer-to-peer transfers (i.e., external transfers from PayPal, Venmo, etc. and internal peer-to-peer transfers from a SoFi account belonging to another account holder), (iv) check deposits, (v) instant funding to your SoFi Bank Debit Card, (vi) push payments to your SoFi Bank Debit Card, and (vii) cash deposits. Qualifying Deposits do not include: (i) transfers between an account holder’s Checking account, Savings account, and/or Vaults; (ii) interest payments; (iii) bonuses issued by SoFi Bank or its affiliates; or (iv) credits, reversals, and refunds from SoFi Bank, N.A. (“SoFi Bank”) or from a merchant.
SoFi Bank shall, in its sole discretion, assess each account holder’s Direct Deposit activity and Qualifying Deposits throughout each 30-Day Evaluation Period to determine the applicability of rates and may request additional documentation for verification of eligibility. The 30-Day Evaluation Period refers to the “Start Date” and “End Date” set forth on the APY Details page of your account, which comprises a period of 30 calendar days (the “30-Day Evaluation Period”). You can access the APY Details page at any time by logging into your SoFi account on the SoFi mobile app or SoFi website and selecting either (i) Banking > Savings > Current APY or (ii) Banking > Checking > Current APY. Upon receiving a Direct Deposit or $5,000 in Qualifying Deposits to your account, you will begin earning 4.50% APY on savings balances (including Vaults) and 0.50% on checking balances on or before the following calendar day. You will continue to earn these APYs for (i) the remainder of the current 30-Day Evaluation Period and through the end of the subsequent 30-Day Evaluation Period and (ii) any following 30-day Evaluation Periods during which SoFi Bank determines you to have Direct Deposit activity or $5,000 in Qualifying Deposits without interruption.
SoFi Bank reserves the right to grant a grace period to account holders following a change in Direct Deposit activity or Qualifying Deposits activity before adjusting rates. If SoFi Bank grants you a grace period, the dates for such grace period will be reflected on the APY Details page of your account. If SoFi Bank determines that you did not have Direct Deposit activity or $5,000 in Qualifying Deposits during the current 30-day Evaluation Period and, if applicable, the grace period, then you will begin earning the rates earned by account holders without either Direct Deposit or Qualifying Deposits until you have Direct Deposit activity or $5,000 in Qualifying Deposits in a subsequent 30-Day Evaluation Period. For the avoidance of doubt, an account holder with both Direct Deposit activity and Qualifying Deposits will earn the rates earned by account holders with Direct Deposit.
Members without either Direct Deposit activity or Qualifying Deposits, as determined by SoFi Bank, during a 30-Day Evaluation Period and, if applicable, the grace period, will earn 1.20% APY on savings balances (including Vaults) and 0.50% APY on checking balances.
Interest rates are variable and subject to change at any time. These rates are current as of 8/9/2023. There is no minimum balance requirement. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet..
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
DSCR, CRM, Predictive Analytics Tools; Wholesale News; Application Volume Continues to Drop
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DSCR, CRM, Predictive Analytics Tools; Wholesale News; Application Volume Continues to Drop
By: Rob Chrisman
7 Hours, 43 Min ago
“What do you call a bovine with a stutter that makes chocolate milk? Cacao.” Speaking of sweets, hats off to Byte’s booth at the conference for dishing out some amazing s’mores brownies here in Philadelphia. (They will be my breakfast on my flight out this morning.) The brownies are sweeter than the upcoming credit report cost increases (there is definitely a shift to lenders having borrowers pay for credit reports up front, not eating the cost of reports run on loans that don’t fund), the search by IMBs for HELOCs and 2nds and jumbo outlets, the talk of distant future EPO (early pay off) penalties when rates decide to drift down, and continued over-capacity and cost cutting until then. That said, there is good news for existing homeowners trying to build net worth: house prices hit another peak in September per one measure. (Today’s podcast can be found, after 8 AM ET, 5 AM PT, here: Sponsored by nCino, maker of the nCino Mortgage Suite, built for the modern mortgage lender. The nCino Mortgage Suite unites the people, systems, and stages of the mortgage process. Hear an interview with Think Mortgage’s Anthony Focca on how originators are winning business in a tough rate environment.)
Lender and Broker Software, Products, and Services
Here’s a bit of an unusual ad, but what the heck? Here is a list of domain names available for purchase: DirectJumboMortgage.com, DirectFHAMortgage.com, BestRateMaryland.com, BestRateVirginia.com, BestRateVA.com, BestRateVALoans.com, and JumboPortfolioLoans.com. If you are interested in a discussion with the owner, contact David Horvath.
It can be a challenge for loan officers to keep past customers close while pursuing new business. Luckily, Percy does both with a personalized Home Equity Insights Report that keeps the lenders’ brand front and center. These valuable insights engage homeowners on how their equity can build wealth, lower debt, and finance important decisions. According to a NAR study, 85 percent of home buyers used their equity for their next purchase. By simply engaging past customers before they are ready to make their next move, lenders gain access to a sustainable source of purchase leads that keeps on giving. Percy lets lenders know when buyers are likely to transact again based on their activity and monitors how homeowners interact with the report to help them educate clients and retain relationships for life. Ready for the next level? Agent co-branding strengthens valuable referral partnerships. Learn how Percy’s delivers its clients an average 400 percent ROI.
“Looking for ways to save time as you originate loans? Navigating through intricate GSE regulations can consume hours of time. Access up-to-date regulations within seconds with Capacity’s GSE Search, powered by generative AI. In a simple chat conversation, just ask Capacity for specific guidelines from Fannie Mae, Freddie Mac, and more. Ready to optimize one of your most time-intensive tasks? Join us at MBA Annual today and streamline your operations with Capacity. Not at Annual but want to learn more? Schedule time with us here.”
The stars are aligning for Dark Matter Technologies with the appointment of Stephanie Durflinger as chief product officer. Already a powerful force in the mortgage industry, Dark Matter is amassing a team of top industry talent to propel mortgage origination to new frontiers with market-leading innovation in its popular Empower Loan Origination Platform and AIVA artificial intelligence solution, among others. Durflinger wields impressive industry cred, having previously served as SVP of product development at ICE Mortgage Technology and chief product officer at Sagent. She also sits on Board of MISMO and has earned the Accredited Mortgage Professional designation from the MBA. Follow Dark Matter on LinkedIn to keep up with its latest advancements.
“The game has changed when lending to business owners, thanks to Non-QM. Join us on Thursday, October 26 at 11:00 am PT / 2:00 pm ET for the next National Mortgage Professional Non-QM Townhall where we’ll dive deep into how to serve your self-employed borrowers best. This is presented by ACC Mortgage, Deephaven, and NewFi Wholesale. This invaluable series is moderated by Andrew Berman and features insights from Non-QM early adopters like Tom Davis, Robert Senko, and John Wise. In this edition, we’ll cover how the investment community views non-QM as well as share insights on how you can take advantage of strategies that are working today for business owners. Sign up for the Non-QM Townhall here.”
Understanding your costs in today’s market is crucial. Capital Markets Cooperative’s (CMC) partner, Teraverde, gives lenders more opportunities to improve their productivity and profitability. Teraverde provides diagnostic, prescriptive, and predictive analytics on a lender’s loan and financial data, helping them automate processes and hedge operating risk. In a recent webinar with CMC, Teraverde’s CEO, Jim Deitch, CMB, stated that lenders must evaluate their operational effectiveness, automate processes, and understand the cost of doing business. Contact CMC to learn how Teraverde and CMC can help you stay one step ahead.
As the year winds down, let’s acknowledge that wholesale lending has been a rare bright spot in the mortgage industry. Wholesale lenders bring unique products to the market that meet the unique needs of today’s borrowers. However, engaging with the mortgage broker community requires more than just emailing a rate sheet. Wholesale lenders need CRM technology to create a consistent sales process that maximizes broker engagement and generates a steady flow of loan submissions. OptifiNow recently released a guide that helps you identify the key CRM features that enables an effective sales process. Click here to download the free guide now and learn the proven strategies that wholesale lenders use to grow their volume.
“Long-term Rental or Vacation Rental? Visio Lending is the nation’s leader in Non-QM Investor DSCR loans for buy and hold SFR rentals with nearly a decade of experience and over $2.5 billion in originations. No-DTI, 30-year terms, rate buy downs, free 45-day rate locks; I/O and Sub-1 DSCR options available. Through our top-notch Broker Program, brokers are able to earn up to 2 points YSP, and 5 points total. Visio Brokers can count on a designated Account Executive and in-house processing.”
The Lender Toolkit and Lodestar Independence Block party kicking off the MBA Annual Conference in Philly on Sunday was a rousing success with huge attendance. There’s still time to book a meeting with us at the Lowes Philadelphia hotel today to learn about our mortgage automation solutions. With MBA Annual soon to be over, Lender Toolkit is gearing up for another great LTK Supercar Event to kick off ICE Experience 2024 in March. For those revving up their marketing engines for EXP24, Lender Toolkit is offering an early bird special on sponsorships, but only until October 31. Imagine your company’s logo emblazoned on a sleek supercar, and your key clients and prospects in the driver’s seat. In fact, don’t imagine it: check out snapshots from the 2023 event. Plus, Robbie Chrisman will be setting up a live podcast at the event. To join sponsors Lodestar and Lenders One, reach out to Brent Emler or grab the sponsorship form and shift into gear.
Wholesale News
“AFR Wholesale® (AFR) is excited to announce the next session of our Why Wait Live Webinar Series with Fannie Mae: Wednesday, October 25th at 2 PM EST. Please join AFR and Fannie Mae to discuss Renovation, where we will primarily be highlighting HomeStyle® Renovation. Over this series, AFR has been emphasizing affordable financing solutions that provide homeownership opportunities to more families. The goal is to take the prospects in your portfolio and turn them into borrowers. Have you looked into Renovation? With low housing inventory and higher purchase prices, this may be a great solution. Register Today! This will be a live webinar and a recording and will not be provided, so sign up today and don’t miss it! If you are currently a partner of AFR you can start utilizing this program right away! Build your book with AFR! Contact AFR by going to afrwholesale.com, email us or call 1-800-375-6071.”
Orion Lending is about to celebrate its 9th birthday, and as we reflect on our incredible journey, it’s the collective achievements with our outstanding broker partners during challenging market conditions that make this milestone truly exceptional. The partnership and unwavering support have been instrumental in our success. As we look ahead, we’re filled with excitement for the next 9 years and beyond. Stay tuned for more great things to come!
HECMs? Reverse mortgages from Plaza Home Mortgage® can present a great opportunity to open up new markets with REALTORS®. Here are some perks of a reverse mortgage as a potential option for senior clients: Long term security with a safety net (option of no monthly mortgage payment required). Retain key assets and secure their retirement plans. Utilize this program to buy-up and get more house than paying cash. If you have a reverse loan scenario, email [email protected] and get a full reverse pre-qual analysis or contact your Account Executive for more details.
PRMG Product Update 23-45 includes information on FHA Products – Clarified all loans with properties in condo projects must have HUD Form 9991 completed except projects not requiring project approval (HUD REOs) and Site Condos (as defined by HUD). HUD approved projects require sections 1-3 to be completed. Single Unit Approvals require sections 1-4 to be completed. USDA Standard and High Balance – Minimum credit score now 600 (was 620), Manufactured Home purchase transactions now allowed, including the pilot option for purchase of existing manufactured homes which is allowed in limited states and new manufactured homes. Manufactured Home pilot purchase option of an existing manufactured homes requires manual underwrite and is allowed in all channels.
Capital Markets
Amongst diplomatic efforts to prevent the Israel-Hamas war from becoming a regional conflict, U.S. Treasuries produced fresh 2023 closing highs in yields on all tenors yesterday, and a 23-year high in the case of the 2-year note. Spreads widened again as the UMBS30 basis strongly underperformed benchmarks following hotter than expected data, including retail sales and industrial production.
Retail Sales came in stronger-than-expected in September, rising 0.7 percent month-over-month and 3.8 percent year-over-year. However, these numbers are not inflation-adjusted and are closer to flat on an adjusted basis. If you strip out vehicles and gas, retail sales rose 0.6 percent month-over-month and 4.0 percent year-over-year. Total industrial production increased 0.3 percent month-over-month in September when it was expected to remain flat. The capacity utilization rate jumped to 79.7 percent, in-line with its long-run average. Manufacturing output remains soft and is likely to remain under added pressure as the UAW strike at the Big Three automakers drags on.
Today’s calendar kicked off with news that mortgage applications decreased 6.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 13, 2023. We’ll also receive housing starts and building permits for September. Later this morning brings a Treasury auction of $13 billion reopened 20-year notes, remarks from Fed Governor Waller, New York Fed President Williams, Fed Governor Bowman, Philadelphia Fed President Harker, and Fed Governor Cook, before the Fed’s latest Beige Book is released in the afternoon ahead of the November 1 FOMC decision. In the very early going, Agency MBS prices are roughly unchanged from Tuesday afternoon and the 10-year is yielding 4.85 after closing last night at 4.85 percent.
Employment
“Join us in celebrating the incredible achievement of our CEO, Susan Stewart, who has been honored with the prestigious Lowrie-Woodward Distinguished Service Award from the Mortgage Bankers Association (MBA). This award recognizes the dedication and commitment to the MBA and the mortgage lending industry in a variety of capacities, both legislative and regulatory. ‘Susan is a remarkable person and real estate finance champion who has for years made a positive difference through effective leadership, strategic thinking, and a ‘can do’ attitude,’ said Mark Jones, 2024 MBA Chairman. Leadership is more important now than ever before. Because SWBC Mortgage has the right leadership at the helm, we are able to navigate challenges with resilience, while continuing to grow in a down market. To learn more about career opportunities at SWBC Mortgage contact Scott Brown, EVP of Retail Sales, or visit here.”
“Ready to work smarter, not harder? Join us at PrimeLending Demo Day, your anonymous peek behind the scenes at how we’re revolutionizing the loan origination process. Discover the future of mortgage technology in action on Thursday, November 2, at 1 p.m. EDT/10 a.m. PDT. Get an exclusive look at how our innovative technology tools help loan originators build more relationships and close more loans, while saving time along the way. You’ll hear actual stories about LOs transforming the way they do business and realizing new levels of success. Don’t settle for the ordinary; become extraordinary with PrimeLending! Reach out to Nic Hartke now to reserve your spot and embrace a quicker, easier, and more rewarding path.”
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Inside: Are you looking for ways to make money while you’re still in college? This guide has a variety of ideas for side hustles for college students that can help you get started. From online businesses to odd jobs, there’s something for everyone.
Are you a college student searching for ways to increase your income and improve your financial situation while balancing your academic commitments? We’ve got your back!
In this student-friendly guide, we’ll share side hustles for college students, giving you many opportunities to earn extra cash.
You can even learn to get paid to go to school!
Whether you’re tech-savvy, creative, or inclined towards offline work, you’ll find something that suits your preferences.
Let’s jump in and explore how you can transform your free time into a valuable money-making asset!
What is a Side Hustle?
Simply put, a side hustle is like having a little extra adventure on the side while you’re busy with your main gig, which in this case might be college classes.
It’s your chance to boost your finances and gather valuable experience that could pave the way for future career opportunities. It’s like adding a dash of extra flavor to your college life along with extra cash!
What side hustles can I do as a college student?
As a college student, you possess a unique set of skills and resources that can be leveraged to generate income.
Whether you aspire to know how to make quick money in one day or debate what should I do for a living, opportunities await you.
Stay tuned for the second part of this article, where we’ll explore a treasure trove of side hustles perfectly tailored for college students.
What can I do to make extra money as a college student?
As a college student, there are various ways to earn extra money.
Most importantly, you need to find something that works well into your college schedule.
That is why many college students prefer to learn how to make money online for beginners. That gives them the chance to make money on their time from their campus or anywhere else they choose to move.
Now, let’s move on to the best online and offline side hustles for college students that may be of interest to you.
This post may contain affiliate links, which helps us to continue providing relevant content and we receive a small commission at no cost to you. As an Amazon Associate, I earn from qualifying purchases. Please read the full disclosure here.
Best Online Side Hustles for College Students
As the digital era continues to expand, opportunities for online side hustles are becoming more prevalent.
These side gigs leverage the power of the internet allowing flexibility, diversity, and potential profitability without sacrificing full-time commitments.
From millennials to retirees, are venturing into online side hustles to supplement their income, make use of their skills, or explore new career paths.
1. Write Articles for Websites
If you have a flair for writing, you can explore freelance opportunities as a content writer for websites and blogs. Numerous online platforms offer paid writing gigs.
Create a portfolio of your writing samples, sign up on freelancing websites like Upwork or Fiverr, and start bidding on writing projects.
Learn how to Earn Money Writing.
Earn More Writing
You can make money as a freelance writer.
Learn techniques to find those jobs and earn the kind of money you deserve!
Plus get tips to land your first freelance writing gig!
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2. Build Websites
If you’re tech-savvy and have web design skills, offer website design services to individuals or small businesses looking to establish an online presence.
Showcase your web design work through a portfolio website, network with potential clients, and consider joining platforms like WordPress or Wix for easy website creation. Just make sure to use Kadence WP for themes!
This is a great gig for college students because you can take on more clients during your school breaks and none during finals week.
3. Starting an Etsy Business Selling Printables
Creating printables on Etsy is a popular and potentially profitable endeavor. It involves designing digital products that users can download and print at home.
Find the most popular digital products to sell on Etsy.
Beyond imagination and design skills, it is essential to learn how to optimize product descriptions and pricing, for which you can turn to comprehensive online courses. By following this how to sell printables course, you can equip yourself with the right tools to excel in this Etsy niche.
4. Create Videos
As a college student, there are two possible avenues for this side gig.
You can start a YouTube channel or offer video creation/editing services.
If you choose to venture into your own YouTube challenge, then you are able to monetize your videos through ads and sponsorships. Most importantly, you need to choose a niche for your YouTube channel, then create engaging content, and build a loyal audience.
Don’t want to be in the limelight? You can also offer video editing services on freelancing platforms.
5. Start a Blog
Share your knowledge or passion through a blog and monetize it through affiliate marketing, sponsored posts, and ads.
Pick a niche you’re passionate about, set up a blog using platforms like WordPress and Kadence theme, and consistently publish high-quality content.
This is not for the faint of heart, but college students traditionally have better success because of promotion through social media and engaging with readers.
6. Start an E-commerce Business
Launch your online store selling products you’re passionate about. Platforms like Shopify make it easy.
Source or create your products, set up an e-commerce website, and market your products through social media, email marketing, and search engine optimization.
One of the main benefits is an e-commerce business with low start-up costs, low ongoing maintenance, and the ability to remain open and generate sales 24/7.
7. Become a Freelancer
Explore freelance platforms for various opportunities like graphic design, programming, or digital marketing.
As a freelancer, you can work remotely and at your own pace. Create a compelling freelancer profile, showcase your skills, and bid on projects that match your expertise on platforms like Upwork, Freelancer, or Guru.
This is a great way to start building your portfolio of experience.
8. Write Your Classmates’ Cover Letters and Resumés
Engaging in the preparation of your classmates’ cover letters and resumes can be a rewarding side hustle.
Many employers today express concern about the lack of well-written cover letters and resume submissions they receive. By capitalizing on your writing skills, you can provide a much-needed service for your peers while earning some income.
Hence, build your proficiency with practice resumes, then decide on your charge per each document created.
9. Sell Stock Photos
If you have photography skills, sell your photos on stock photography websites like Shutterstock.
This is a perfect side hustle for young adults because you are constantly capturing the moments.
To get started, create an account on stock photography platforms, upload high-quality images, add relevant keywords, and start earning royalties when your photos are downloaded.
10. Write eBooks
Capitalize on your expertise in a specific subject and create eBooks to sell on platforms like Amazon Kindle Direct Publishing. Design an eye-catching cover and promote your eBook through social media and book-related forums.
This is the first step to passive income before you even graduate!
11. Proofreading
Proofreading can be a fruitful side hustle for students looking to earn extra money.
By leveraging your writing skills, you can charge a fee to proofread and edit classmates’ assignments, theses, or essays. Also, many small businesses are always looking for help!
With platforms like Fiverror college bulletin boards, you can advertise your services and set your own rates, potentially making $25–$45/hour according to proofreading expert Caitlyn Pyle.
Transcript Proofreading
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12. Start a Podcast
Starting a podcast can be an excellent revenue stream, given the significant increase in podcast listenership, with 82 million Americans being weekly podcast listeners according to a 2021 study.1
Your revenue can come from sponsorships, donations, and offering premium content or services. It’s essential to plan your podcast content aligning with your targeted audience and consistently producing high-quality episodes to grow and maintain your listener base.
13. Work as a Virtual Assistant
If you’re looking to start as a virtual assistant without prior experience, don’t worry!
Many businesses look for virtual assistants for tasks like email management, data entry, or social media management. Find out exactly what is needed with this virtual assistant checklist.
Plus working as a virtual assistant offers the flexibility to work remotely, which is a benefit for a college student.
Learn how to jumpstart your side hustle with this free Virtual Savvy training.
Virtual Savvy
If you’ve ever wanted to make a full-time income while working from home, you’re in the right place!
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Best Offline Side Hustles for College Students
In this section, we delve into the world of in-person side hustles.
Ideal for those preferring tangible interactions and a more predictable income, these opportunities demand physical presence and often offer good remuneration for physical labor.
However, they come with their own set of challenges like fixed service hours and potential clashes with a busy schedule.
1. House Sitting
House sitting is an excellent side hustle for college students.
You can offer your house-sitting services to neighbors or anyone going on vacation. It’s all about providing peace of mind to homeowners by ensuring their property is secure and well-maintained.
Build trust in your community by offering reliable house-sitting services, and word-of-mouth recommendations will follow. Consider promoting your services through Trusted Housesitter.
2. Food Delivery Driver
This is an extremely easy way to make money.
Sign up as a food delivery driver for platforms like UberEats or DoorDash. After registering as a driver and meeting the platform’s requirements, you can start delivering food orders in your area.
This side hustle allows you to set your hours and earn extra cash while enjoying the freedom of the open road.
3. Offer Lawn and Gardening Services
For those with a green thumb or a passion for outdoor work, offering lawn and gardening services can be a lucrative side hustle.
All by helping homeowners in your area with lawn care and gardening tasks. Investing in basic gardening tools is essential, and you can advertise your services through flyers, local online groups, or by simply offering your services to friends and family.
In fact, this may turn into your full-time business like this high school student.2
4. Shovel Snow During the Winter
If you live in an area with snowy winters, don’t miss the opportunity to capitalize on it. Offer snow shoveling services to residents in your community.
Promote your snow shoveling services well in advance of the winter season to secure clients.
On a snowy day, you can easily make 200 dollars fast. Just by being prepared to respond promptly to snowfall, and ensuring that driveways and walkways are safe and clear.
5. Become a Tutor
Sharing your knowledge by becoming a tutor is not only a valuable service but also a great way to earn extra income.
You can tutor fellow students in subjects you excel in or offer your expertise to local school kids. You can also tutor your classmates who are struggling in class.
Advertise your tutoring services through college bulletin boards, social media, or tutoring websites.
6. Clean Houses and/or Offices
Cleaning services are in demand, and you can provide them to individuals or businesses in your area.
Invest in basic cleaning supplies and equipment, set competitive rates, and market your services through local ads, referrals, and social media.
A reputation for thorough and reliable cleaning can quickly build your clientele.
7. Edit Your Classmates’ Papers — For a Fee, Of Course
If you have strong writing and editing skills, consider offering your editing services to your fellow students.
Many students appreciate having their papers reviewed and improved by a peer.
Promote your editing services within your college network, showcase your skills, and offer reasonable pricing to attract clients. This can quickly spiral to making 300 dollars fast.
8. Become a Handyman or Handywoman
If you’re skilled in fixing household issues or performing basic maintenance tasks, this side hustle can be highly profitable.
Acquire a basic toolkit, and offer your handyman services locally. From minor repairs to assembling furniture, providing reliable and affordable solutions can earn you a good reputation and repeat business.
You can quickly get started on TaskRabbit today.
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9. Translator
This is a highly needed service! If you’re proficient in multiple languages, offering translation services can be a rewarding side hustle.
Create a portfolio that showcases your language proficiency and advertise your skills to businesses or individuals who require translation services.
Your ability to bridge language barriers can be a valuable asset to various clients.
10. Deliver Anything Else Someone Might Need
If you’re the proud owner of a vehicle or even a trusty bicycle, you can tap into the world of delivery services. While food delivery is a popular option, you can expand your offerings to deliver a wide range of items.
Consider offering delivery services for groceries, prescription medications, packages, and even care packages for college students.
People are always willing to pay for help.
11. Drive for Uber or Lyft
Becoming a rideshare driver with companies like Uber or Lyft is a popular side hustle that offers flexibility. Sign up as a driver, meet the platform’s requirements, and start offering rides to passengers.
The benefit is you can choose your working hours, making it convenient to fit around your class schedule.
12. Hauling Junk
Help people declutter their homes by offering junk hauling services. You’ll need access to a pickup truck or a vehicle with ample cargo space.
Advertise your services, establish rates based on the volume of items to be hauled, and provide efficient and responsible junk removal.
Seriously, I see three or more posts in my neighborhood with people asking for help to move their junk!
13. Turning Your Car into a Moving Advertisement
Ever wondered if you could make money while driving around town? Well, here’s an interesting side hustle idea – turning your car into a moving advertisement.
Some companies are willing to pay you to wrap your car with their branding, turning it into a rolling billboard.
As you cruise through town, you’ll not only earn money but also become a conversation starter. It’s a unique way to earn extra income while sparking interesting discussions about the products or services you’re promoting.
14. Offer Moving Services
Assisting with local moves can be physically demanding but financially rewarding. Advertise your moving services locally, and consider forming a team if necessary.
Ensure you have the necessary equipment, such as dollies and moving blankets, to facilitate the moving process. By providing a smooth and efficient moving experience can lead to positive reviews and referrals.
15. Entertaining Kids at Birthday Parties
Entertaining children at birthday parties is a profitable side hustle for college students, especially those who have a knack for acting or enjoy engaging with children.
This venture could earn you between $50 and $100 per hour.
Develop a repertoire of entertaining acts, start promoting your services through local event planners and social media, and offer packages for different party sizes.
16. Teach Music or Sports Lessons
Share your musical or athletic skills by offering lessons to aspiring learners.
Whether you’re skilled in playing an instrument, coaching a sport, or giving dance lessons, there’s likely a demand in your community. Advertise your lessons through flyers, social media, or local community centers.
Make sure you have the necessary equipment and expertise to provide quality instruction. This is what I did in high school and college.
17. Proctor Tests
If your college conducts exams, there may be opportunities for students to work as test proctors for a fee. Inquire about proctoring opportunities at your college’s testing center or academic department.
This can be a convenient way to earn extra income without straying far from your campus.
18. Become a Legal Street Performer
If you have a talent for street performing (e.g., playing music or juggling), consider performing in public spaces for tips.
Choose a suitable location, prepare your act, and follow local regulations for street performances.
Could you make $1000 in a day?
19. Be a Lifeguard
Lifeguarding is a responsible job that requires attentiveness and quick response in case of emergencies. If you’re a strong swimmer with the necessary certifications, consider working as a lifeguard at local pools or aquatic centers.
Unfortunately, this is a high-stress and low-paying job. So, you are better off considering one of these low stress jobs that pay well.
20. Offer a Painting Service
Offering painting services can be a rewarding side hustle, especially for those who find the task peaceful and enjoy bringing a fresh new look to rooms or entire homes.
Most homeowners dread the prospect of painting their own homes and are often willing to hire a handyman to do the job. You can easily make 500 dollars fast.
With minimal initial investment in quality brushes and rollers, you can unleash your creativity and transform spaces with color and design, choosing your own hours and clients in the process.
21. Sign Up as a Substitute Teacher
Working as a substitute teacher is an excellent opportunity for individuals who do not necessarily have a teaching certificate but possess a high school diploma and a clean background check.
My husband, having served as a substitute teacher, found the experience to be rewarding when he was in college.
Not only did it pay well, averaging about $131 per day, but it also allowed him the chance to engage in student activities and provide value to the local school district.
22. Babysitting
Babysitting is a viable side gig, particularly suitable for early childhood education degree seekers, offering flexibility and a rewarding experience while caring for others’ children.
It involves variable commitments mostly during evenings, weekends, and some weekdays, with an average earning potential of $17 per hour.
Securing babysitting roles can be accomplished through personal connections, local community outlets, and digital platforms likeCare.com and Sittercity.
Why is college the best time to start a side hustle?
Before we bid adieu for now, let’s ponder why college is the perfect breeding ground for side hustles:
Flexibility: College schedules often come with pockets of free time, making it easier to juggle academic responsibilities and a side gig.
Learning and Growth: Side hustles offer valuable lessons in time management, financial literacy, and entrepreneurship that complement your academic knowledge.
Networking: Your college is a hub of potential clients, collaborators, and mentors, providing a fertile ground for your side hustle to thrive.
Financial Independence: Earning your own money allows you to alleviate the burden of student loans and gain financial independence.
Employing multiple streams of income is the savviest thing you could do for your finances and your long-term wealth.
Tips to be Successful with Your Side Jobs for Students
One of the best things about side hustles, is you are able to get real-life experiences and knowledge. This side hustle may or may not become your full-time job, but the skills are transferable.
The goal is to find success, so let’s explore some essential tips to succeed in your side hustles as a college student:
Time Management: Prioritize your college commitments and allocate dedicated time for your side hustle.
Skill Utilization: Leverage your skills, whether it’s writing, design, or a particular subject you excel in.
Online Presence: Create a portfolio or profile to showcase your skills and attract potential clients or customers.
Networking: Connect with fellow students, professors, and professionals who might offer opportunities or guidance.
Also, don’t give up if your first side justle doesn’t work out the way you hoped. Keep going until you find something you love to do!
Are You Ready To Start Hustling?
As you set off on your side hustle journey, keep in mind that consistency, dedication, and adaptability will be your trusted companions.
Whether you choose to dive into online opportunities, embrace offline endeavors, or strike a balance between the two, every experience will play a part in your personal and entrepreneurial growth.
If you are going to be in various locations during your college years, it is best to look for remote jobs for college students.
Your path towards financial empowerment is only just beginning, and we’re thrilled to be with you every step of the journey.
Between each college exam and class, you can make money to pay for your schooling. I think that is a win-win to pay for college without loans.
Start your side hustle today and get on the path to financial freedom with Money Bliss.
Source
Statistica. “U.S. Podcasting Industry – statistics & facts.” https://www.statista.com/topics/3170/podcasting/#topicOverview. Accessed on October 4, 2023.SSt
10 News. “A CEO at 17: How this Colorado teen transformed his side hustle into a legitimate business.” https://www.10news.com/news/green-worx-landscaping-golden-colorado. Accessed on October 4, 2023.
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