Mortgage rate cut quantum will vary depending on clients, cities
Bank exec: rate cut conducive for easing prepayment pressure
Chinese banks will also cut some deposit rates by 10-25 bps
$5.3 trillion mortgage book accounts for 17% of banks’ loan
BEIJING, Aug 29 (Reuters) – Some Chinese state-owned banks will soon lower interest rates on existing mortgages, three sources familiar with the matter said on Tuesday, as Beijing ramps up efforts to revive the debt crisis-hit property sector and bolster a sputtering economy.
The quantum of the cut on existing mortgages, which, if implemented, will be the first such move in China since the global financial crisis, would be different for different types of clients and in different cities, said the sources.
The reduction could be as much as 20 basis points in some cases, said the sources, who declined to be named as they were not authorized to speak to the media.
The country’s central bank, the People’s Bank of China (PBOC), did not immediately respond to Reuters’ request for comment after business hours.
The reduction in existing mortgage rates will come amid several other property, economic and market support measures Beijing has announced over the past few weeks, as concerns mount about the health of the world’s second-largest economy.
The property sector, which accounts for roughly a quarter of the economy, has lurched from one crisis to another since 2021, and contagion fears deepened this month after liquidity stress in leading developer Country Garden (2007.HK) became public.
Chinese lenders were widely expected to cut interest rates on existing mortgages after the PBOC earlier this month said that it would guide commercial banks to do so.
The central bank’s proposal to cut rates, which came after a wave of early repayments of mortgage debt, aims to reduce the interest rate costs for homebuyers and to boost consumption in a slowing economy.
China has been cutting new mortgage rates since last year to boost sales in its moribund property market, but the main result so far has simply been a rush by households paying off existing mortgages early, squeezing banks’ profits.
Lowering existing mortgage rates is expected to further weigh on the banking sector’s net interest margin (NIM) – a key gauge of profitability – which fell to a record low at the end of the second quarter, official data showed.
DEPOSIT RATES
Chinese banks have been battling headwinds such as lower lending rates and pressure from the government to prop up the economy, as well as bad debt related to property developers and local government financing vehicles (LGFV).
China’s mortgage loans totalled 38.6 trillion yuan ($5.29 trillion) at the end of June, representing 17% of banks’ total loan books.
Zhu Qibing, chief macro analyst at BOC International China, estimates the weighted average rate of new mortgages is 4.11%, while the average rate on all existing mortgages is at least 100 basis points higher.
Citigroup in a note this month said that the repricing of existing high-yielding mortgages would further add to Chinese banks’ NIM pressure and dampen their profitability and lending capability.
Adjusting existing mortgage rates is conducive to easing pressure on banks from mortgage prepayment, Lin Li, vice president of Agricultural Bank of China Ltd (601288.SS), the country’s No.3 lender by assets, said earlier on Tuesday.
The bank would draft detailed implementation rules on rate cuts after policies on this become clear, he said. The lender reported a drop in its NIM to 1.66% at the end of June from 1.7% at the end of March.
Chinese banks’ net interest margin would face downward risks in the second half of this year, Fu Wanjun, Agricultural Bank of China’s president, said.
To soften the hit on the margins, the three sources said that major state banks would also lower interest rates on some fixed-term deposits, and the quantum of cuts would range from 10 basis points to 25 basis points.
Cutting deposit rates could help banks to maintain a proper level of NIM, one of the sources said.
Analysts have said China last week did not opt for a broad rate cut that would further depress banks’ narrow net interest margins, instead deferring to banks to cut their deposit rates and give themselves room to cheapen mortgages.
($1 = 7.2916 Chinese yuan renminbi)
Reporting by Xiangming Hou, Rong Ma, Ziyi Tang and Ryan Woo in Beijing, Selena Li in Hong Kong; Editing by Sumeet Chatterjee, Alex Richardson and Sharon Singleton
Our Standards: The Thomson Reuters Trust Principles.
Vueling Airlines is a low-cost European carrier based in Spain. As is typical with budget airlines, you’ll need to pay for all add-ons when you fly, and all seats on the plane are economy. However, if you’re looking to save money and don’t care about these extras, Vueling could be a good choice.
Here’s a review of a Vueling Airlines flight from Barcelona, Spain, to Amsterdam and what you can expect when flying with this carrier.
What is Vueling Airlines?
Vueling is a budget airline, flying to over 100 destinations within Europe and to various countries in Africa and the Middle East. Vueling Club, the airline’s loyalty program, allows you to earn Avios on your flights. The airline also has an app where you can book trips, check into a flight, review flight info and more.
Airport experience: Check-in and baggage drop
The entire airport experience from the check-in kiosk to the bag drop was fast and efficient. It took no more than 10 minutes.
Vueling check-in kiosk
I saw many self-service check-in counters at the airport and followed the signs to Vueling’s check-in area. I had already checked in on the app, but I used the kiosk to print a luggage tag since I had a bag to check. (You can also check in at the kiosk).
After printing my luggage tag, I attached it to my bag based on the easy-to-follow instructions displayed on the kiosk. When attaching the luggage tag to your bag, you keep a part of the luggage tag that displays your bag tag information. I took a photo of this like I always do, in case I lose the piece of paper.
Vueling baggage drop
Right next to the check-in kiosks is the self-service baggage drop section. I was impressed with this area rather than the usual long line I am used to seeing when I want to check luggage at the airport. In addition, plenty of Vueling employees were walking around offering help to anyone who needed it.
In the bag drop area, I found an empty station and placed my luggage on the conveyor belt so that it could be weighed. I also scanned my boarding pass using the handheld scanner attached to the screen, which then displayed my flight information. I would assume that if my bag were overweight, I would have been prompted to pay extra for the weight.
My bag was within the allowance, so at this point, the conveyor belt began moving and took my bag. The entire process was straightforward between the check-in kiosk and the self-service baggage drop area. I wish more airlines would adopt this approach.
Vueling baggage policy
It’s important to remember that since Vueling is a budget airline, checked luggage or even a carry-on bag isn’t free on most fares. However, Vueling allows all passengers to bring an underseat cabin bag for free.
Only the TimeFlex Fare includes a carry-on bag up to 10 kilograms (22 pounds) at a maximum size of 55 x 40 x 20 centimeters (21.6 x 15.7 x 7.9 inches). If you’re flying on another fare, you can add a carry-on on the app or website for 24 to 59 euros (about $26 to $65). Doing this at the airport will cost 55 to 75 euros (about $60 to $82).
If your carry-on is larger or heavier, it must be checked. When adding checked luggage to your reservation, Vueling provides different prices depending on the weight of your bag. The weight options range from 15 to 30 kilograms for a checked bag.
According to Vueling, you can save up to 50% on your luggage fees if you purchase your checked bag up to a day before your flight on the website or app. I had a 20-kilogram bag and paid 35 euros (about $38) at booking for my checked bag.
Seats: Comfort depends on where you sit
My flight from Barcelona to Amsterdam was on the Airbus A320, which features 180 standard economy seats. All the seats are the same, with a seat pitch of 29 inches and a width of 17.7 inches. The only difference between the seats is that some have extra legroom due to their positioning in the front of the plane or at the exit row.
While I was initially seated in seat 22B, I was moved before takeoff into seat 1D. As a 5-foot-5-inch passenger, I had minimal legroom in seat 22B.
The seat pocket in front was large enough to hold my headphones case and power bank. I could have probably stuffed a water bottle into the pocket too. When I moved to seat 1D, there was significantly more legroom.
In seat 1D, the space for storing belongings was reduced. This is a common feature of seats at the bulkhead, along with no underseat storage. I didn’t mind because the space felt much more comfortable due to the extra legroom.
The carpet in this area looked pretty worn and was already dirty, and we hadn’t even taken off yet.
If you plan on flying Vueling and legroom is important to you, sitting in row 1 is your best bet. I didn’t get a chance to check out the legroom in the exit rows. You can also check how much different Vueling seats cost on Vueling’s website.
Food and beverage: Plenty of choice but not free
Although the trip from Barcelona to Amsterdam was only around two hours, there were plenty of drink and food choices for sale on the flight. Each seatback pocket included an extensive menu, featuring a QR code on the front cover to view the digital menu.
Here are a few photos of what’s featured in the menu to give you an idea of the choices available:
Since it was a quick flight, and I had already eaten in the Priority Pass lounge, I decided to just buy some snacks. I chose a Coke Zero, mixed olives and truffled almonds, which totaled $11. It was really tasty and I was satisfied with my purchase.
Vueling Club
The airline’s loyalty program, Vueling Club, allows passengers to earn Avios on flights at these rates:
Basic fares earn 2 Avios per 1 euro.
Optima, Family and TimeFlex fares earn 4 Avios per 1 euro.
Premium members earn double Avios.
In addition, you can also earn Avios when shopping with Vueling’s partners or through the Vueling eStore.
If you’d rather not earn Avios with Vueling Club, you can credit your flight to Iberia Plus or Aer Lingus AerClub. You can then keep the Avios in those accounts and use them for booking award flights with those programs.
You can also move your Avios to British Airways, providing an additional opportunity for redeeming your Avios. To do so, you’d need to combine your accounts on avios.com.
I credited my Vueling flight to Iberia, because having my Avios with Iberia (or even with British Airways if I choose to combine) provides opportunities for redeeming for award flights with Oneworld airlines.
Final thoughts: Is Vueling a good airline?
Vueling offers many flight options for those traveling within Europe and to certain destinations in Africa and the Middle East at a low cost. The airline provides an opportunity to earn Avios, which are easily transferable to several airlines. However, as a budget airline, you’ll need to pay to check a bag, pick a seat and enjoy food and drinks on your flight.
Nonetheless, I was impressed with the speedy luggage check process and the tasty snacks on board. So if you’re looking to save money while traveling around Europe, Vueling offers a good option.
(Top photo courtesy of Vueling Airlines)
How to maximize your rewards
You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2023, including those best for:
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Are you in search of the perfect studio apartment in Southeast Washington, DC? Look no further than 2801 Pennsylvania, where you’ll find a cozy and inviting 550-square-foot studio apartment available for just $1,235 per month. With a spacious walk-in closet and a separate dining area, this apartment offers both comfort and convenience.
Welcome to 2801 Pennsylvania
At 2801 Pennsylvania, you’ll find a welcoming community that’s ready to make you feel at home. Located in the Randle Highlands neighborhood, this apartment complex offers studio and one-bedroom cat-friendly apartments for rent. The apartments feature open layouts, beautiful hardwood floors, and classic finishes that create a charming living space.
But it’s not just about the apartments themselves; 2801 Pennsylvania is committed to providing excellent customer service. With on-site maintenance and management, you can rest assured that your needs will be promptly addressed. Additionally, the convenience of online rent payments makes managing your finances a breeze. Everything you need to feel comfortable and cared for is right at your fingertips at 2801 Pennsylvania.
Embrace a Higher Level of Service
At WC Smith, the management company behind 2801 Pennsylvania, great customer service is considered the best amenity. Living at 2801 Pennsylvania means experiencing this commitment to service firsthand. The dedicated service team is available 24 hours a day, ensuring that you have assistance when you need it most. Plus, with the ability to access your resident account online at any time, you have the flexibility to manage your affairs day or night. It’s all part of the effort to provide you with a superior living experience.
Community and Apartment Amenities
The amenities at 2801 Pennsylvania cater to your comfort and convenience. In addition to being cat-friendly, the community offers:
Controlled access/gated entry for added security.
High-speed internet to keep you connected.
Laundry facilities for your convenience.
On-site maintenance and management teams to address your needs promptly.
Inside your studio apartment, you’ll find:
Air conditioning to keep you comfortable year-round.
Ceiling fans for added ventilation.
A gas range for preparing meals.
Beautiful hardwood floors that add warmth and character.
A large walk-in closet to help you stay organized.
A refrigerator to store your groceries.
Window coverings for privacy.
Cable readiness for your entertainment needs.
Make 2801 Pennsylvania Your New Home
With its affordable rent, convenient location, and commitment to excellent service, 2801 Pennsylvania is the ideal place to call home in Southeast Washington, DC. Don’t miss the opportunity to rent this 550-square-foot studio apartment for just $1,235 per month. The large walk-in closet and separate dining area make it a comfortable and practical choice. Contact 2801 Pennsylvania today and discover why this community is the perfect place for you to call home.
Equal Housing Opportunity
Rental providers will not refuse to rent a rental unit to a person because the person will provide the rental payment, in whole or in part, through a voucher for rental housing assistance provided by the District or federal government.
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Looking for jobs where you work alone? If you’re an introvert or simply want minimal human interaction, here are 40 ideas.
Looking for the best jobs where you work alone? If you’re an introvert or simply want minimal human interaction, here are 40 ideas.
With there being so many different types of jobs out there nowadays, more and more people are looking for jobs where they can be by themselves, away from the busy office or customers. They find comfort in jobs where they can do tasks on their own, letting them really concentrate and do well in what they do best.
For me, I have worked mostly alone for over a decade now, and I wouldn’t change it for the world. I enjoy the flexibility of working on my own and having less stress.
Jobs that let you work this way are usually appealing to introverted individuals, those who like a calmer setting, or people who just work better with more independence.
Knowing which jobs let you work alone is really important for those who want to find the right mix of being on their own and getting things done well.
Top Jobs Where You Work Alone
There are 40 jobs where you can work alone listed below. If you want to skip the list, here are some jobs that you may want to start learning more about first:
Benefits of Jobs Where You Work Alone
More and more people are looking for jobs where they can work alone, and I get it! I have been working mostly alone for over a decade and I really love it.
After all, a person spends so much of their time working, so you might as well like what you’re doing. If you’re an introvert, or if you like working by yourself, there are jobs where you can do just that.
Some of the positives of working alone include:
Less stress if you’re an introvert – If you’re an introvert, then you may feel stress when working with other people, such as coworkers and customers.
Getting more stuff done in less time – Working alone may mean that you can complete your tasks faster because there are fewer distractions.
Having a more flexible schedule – Some jobs where you work on your own sometimes let you choose when you want to work, as long as you get the work done.
If you’re looking for jobs where you work alone, think about what you’re good at and what you enjoy (and also think about what you don’t like!).
40 Jobs Where You Work Alone
Below are 40 jobs where you can work on your own. The jobs below range from earning a part-time to a full-time income too.
1. Proofreader
Proofreaders check and edit written content for errors and inconsistencies, and this job requires strong attention to detail and excellent grammar skills.
If you’re good at paying close attention to details, then proofreading could be an ideal work-alone job for you.
Authors, website owners, and students often hire proofreaders to improve their work. There’s a high demand for proofreaders, and you can find jobs through many different platforms.
Even the most skilled writers can make mistakes in grammar, punctuation, and spelling. That’s why hiring a proofreader can be very helpful for pretty much anyone and everyone.
If you want to find online proofreading jobs, I recommend joining this free 76-minute workshop focused on proofreading. In this workshop, you’ll learn how to begin your own freelance proofreading business.
Recommended reading: 20 Best Online Proofreading Jobs For Beginners (Earn $40,000+ A Year).
2. Virtual Assistant
One of my first side jobs was as a virtual assistant and it was a fun and flexible way to earn income. While you do have a boss when you are a VA, a lot of the tasks that you do will require you to take charge and complete them by yourself in your own home.
A virtual assistant is someone who helps people with office tasks from a distance. This could be from your home or while you’re traveling. It might include things like replying to emails, setting up appointments, and managing social media accounts.
This job can pay you more than $50,000 each year.
If you want to find part-time or full-time virtual assistant jobs, I recommend joining the free workshop called “5 Steps To Become a Virtual Assistant“.
Recommended reading: Best Ways To Find Virtual Assistant Jobs
3. Bookkeeper
Bookkeepers are people who keep track of all the money-related things for businesses such as writing down sales, keeping a record of expenses, and making financial reports.
This is a job where you can work alone and a typical salary is $40,000+ each year. Plus, you’ll mainly be dealing with numbers and not people.
You can join the free workshop that focuses on finding virtual bookkeeping jobs and how to begin your own freelance bookkeeping business by signing up for free here.
Recommended reading: How To Find Online Bookkeeping Jobs
4. Blogger
Blogging is a great way to make money while working on your own. It’s one of the reasons I really enjoy it, haha! I get to work by myself, for myself, and I can pick the projects I want to work on.
As a blogger, you write content for others to read online. You get to choose what you want to write about as well as how you want to make money blogging because there are so many different options (like affiliate marketing or displaying ads).
You can begin a successful blog about a specific topic like finance, travel, lifestyle, family, and many others.
Blogging is my main source of income, and it has completely transformed my life. I have the freedom to travel whenever I want, set my schedule, and be my boss.
Since I began Making Sense of Cents, I’ve made more than $5,000,000 from my blog. I earned this money by working with companies through sponsored partnerships, affiliate marketing, display ads, and selling online courses.
Learn more at How To Start A Blog FREE Course.
5. Delivery Driver
Delivery drivers pick up and drop off packages. And, they get to work by themself most of the time as they are in the vehicle alone.
A delivery driver may drive a car, truck, or even a bike, depending on the company they work for. They don’t usually have a boss watching them all day nor have to deal with very many customers for long periods.
6. Book Reviewer
Book reviewers read books and share their thoughts in book reviews.
There are websites where you can get paid for sharing your thoughts about books and you may earn money through PayPal or a bank transfer, and sometimes you get to keep the book you reviewed.
They don’t just want positive reviews either, they want to know what you really think! You see, authors and publishers like to send out free copies of their books so that they can get honest opinions. Just like us, they know it’s helpful to read reviews before deciding if a book is worth the time.
Some sites that pay for book reviews include Online Book Club, Kirkus Media, and BookBrowse.
Recommended reading: 7 Best Ways To Get Paid To Read Books
7. Deliver RVs or Cars
You can earn money by traveling across the country and delivering vehicles for people and dealerships. Sometimes you’ll be towing the vehicle, and other times you’ll be driving it.
If you want a job with minimal human interaction, this can be a good one to look into as you are mostly by yourself. You simply pick up the vehicle, drive by yourself, and then drop it off.
For this job, you need to have a clean driving record. Those who do this type of work can earn around $300 to $400 (or much more!) for each vehicle they deliver. It depends on the distance they are traveling and what is being transported.
8. Digital or Graphic Designer
A graphic designer is someone who creates designs for others, such as people and businesses.
As a digital designer, you may be making things like images, printables, planners, t-shirt designs, calendars, business card designs, social media graphics, stickers, logos, and more.
Recommended reading: How To Make Money As A Digital Designer
9. Pet Sitter and Dog Walker
Pet sitters and dog walkers take care of pets while pet owners are away, such as on vacation or in the hospital. Some of the tasks include feeding, taking dogs for walks, and playing with them.
You might have pets come to your home or you can go to their owner’s place (this is something that is agreed upon beforehand). Dog walkers earn around $20 for every hour walking a dog. Looking after someone’s pet overnight can earn a person around $25-$100+ or even more each day.
I have personally paid a person to watch my dogs overnight in their home $100 a day. She was so wonderful too and my dogs loved her.
Now, with this job, you’re not working entirely alone, because you will be with pets. But, they can be great friends and companions!
Rover is a company you can sign up with and list your dog walking and pet sitting services.
10. House Cleaner
House cleaners make sure homes and businesses are nice and clean. They might work alone or with a small group. They can earn between $25 to $50 an hour for cleaning for others.
You can work for a cleaning company, but you’ll likely make more money if you have your own business.
Starting this kind of business isn’t expensive because you likely already have the cleaning supplies you need. You can advertise your services on Facebook, tell your friends and family, or make an account on Care.com.
11. Transcriptionist
An online transcriptionist’s main task is to listen to video or audio files and then type out everything that is being said, a process known as transcribing. The aim is to accurately write down what is heard, without any mistakes in spelling, grammar, or punctuation.
There are many different types of transcriptionists as well – legal, general, and medical transcriptionists.
This job requires strong typing and listening skills, and you can work from home all by yourself.
Online transcriptionists earn around $15 to $30 per hour on average, with new transcribers on the lower end of that.
A helpful free resource to take is FREE Workshop: Is a Career in Transcription Right for You? You’ll learn how to get started as a transcriptionist, how you can find transcription work, and more.
Recommended reading: 18 Best Online Transcription Jobs For Beginners To Make $2,000 Monthly
12. House Flipper
House flippers buy, renovate, and sell properties for a profit. This job involves managing renovation projects, and you can work alone or with a small crew.
House flipping is when someone buys a property at a lower price, fixes it up (like painting, redoing the kitchen, and improving the outside appearance), and then sells it for more money to make a profit. This is done to make a quick return on the investment.
Recommended reading: 10 Best Books on Flipping Houses To Make Money
13. Grocery Shopper
Grocery shoppers buy groceries for people like you and me, offering a helpful service for those who don’t have the time or can’t shop on their own. You’ll work on your own and talk to clients through an app on your phone.
One service you can easily sign up with to become a grocery shopper is Instacart. This is a popular site for people who want to make extra money by shopping for and delivering groceries.
Instacart shoppers make money from a mix of base pay, tips from customers, and sometimes bonuses or rewards (like for finishing orders during busy times).
You can sign up here to get started as a grocery shopper with Instacart.
Recommended reading: Instacart Shopper Review: How much do Instacart Shoppers earn?
14. Affiliate Marketer
Affiliate marketers share products or services with their followers for a commission. You do this by placing a referral link on your website, blog, or social media (like Instagram). When people use that link to buy something, you then get a commission.
For example, if you share a link to a book on Amazon and someone buys it through your link, you make some money. Companies like Amazon want people like you to help them sell things, so they’re happy to work with you as it helps them.
If you get someone to sign up through your special link, the company gives you a commission for telling others about their product. It’s like a little thank-you for your help!
This is one of my favorite jobs where you work alone from home, and what I do full-time!
Click here to get Affiliate Marketing Tips – Free eBook.
15. Flea Market Flipper
Flea market flippers find underpriced items at flea markets, yard sales, and thrift stores, then resell them for a profit. This job requires a good eye for valuable items and the ability to research market value.
Finding items to resell may be one of the best jobs to work alone on this list because we all have things in our house we could probably sell. Plus, there are always things that you can buy for a low price and possibly resell for a profit.
If you are looking for work-alone jobs, this is a great one to look further into.
I recommend signing up for this great webinar, Turn Your Passion For Visiting Thrift Stores, Yard Sales & Flea Markets Into A Profitable Reselling Business In As Little As 14 Days, that will help you learn how to make money by flipping items as well.
16. Sell Printables on Etsy
Creating and selling digital printables on Etsy is a great way to work independently and earn money.
Making printables can also be a pretty hands-off job since you only have to create one digital file for each product, and you can sell it as many times as you like. It’s quite affordable to start because you only need a laptop or computer and an internet connection.
Printables are digital items that customers can download and print at home. They can include things like bridal shower games, grocery shopping checklists, budget planners, invitations, printable quotes for wall art, and patterns.
I recommend signing up for Free Workshop: How To Earn Money Selling Printables. This free training will give you great ideas on what you can sell, how to get started, the costs, and how to make sales.
17. Mechanic
Mechanics diagnose and repair vehicles, working independently or in small shops. Strong problem-solving skills and knowledge of automotive systems are important.
Being a mechanic is a job where you often work on your own. While they might work in a garage with other mechanics, they often have their own tasks to do. They need to be really careful and pay close attention to make sure everything gets fixed just right.
18. Dog Treat Baker
Do you really like dogs? If you do, here’s a way to work mainly alone and make an extra $500 to $1,000 or even more each month.
You don’t need to know how to bake beforehand, because you can learn this skill. You can make special treats like cupcakes, cookies, cakes, and more, all for dogs.
You can sign up for this free training workshop that shows how to start a dog treat bakery.
You can learn more at How I Make $4,000 Per Month Baking Dog Treats (With Zero Baking Experience!).
19. Amazon Seller
Selling items on Amazon is a job where you work alone (mostly) and don’t have to deal with customers face-to-face.
Even if you’re new to selling on Amazon, you can make money by selling household goods, books, electronics, and more.
If you’re interested in learning about starting an Amazon business, you can join this free training that will teach you how to sell products on Amazon and make around $100 to $500+ each day.
20. Stock Photo Photographer
Stock photo photographers work on their own, and this job can be done without talking to anyone for the most part. Almost all of the tasks can be done with just a camera and then uploading photos on a site.
Stock image sites are some of the most popular ways for photographers to sell their pictures. These are sites where customers can buy pictures for websites, TV shows, books, social media accounts, and more. There are stock photos that I have purchased within this blog post that you can take a look at to see an example.
One great thing about stock photo sites is that they can be a great form of passive income. You can take pictures, upload them, and earn money from an older photo for months or even years in the future. There is no need to talk to anyone as everything is online and mostly automated.
Some stock photo websites include Shutterstock, iStock, DepositPhotos, and Dreamstime.
Recommended reading: 18 Ways You Can Get Paid To Take Pictures
21. Social Media Manager
Social media managers post on social media accounts for businesses and their goal is to bring in new customers and help a business grow.
Social media managers may post a picture or a video of a product or the company, join in a viral trend to get more views (such as on TikTok), answer common questions from customers, and more.
This includes social media platforms such as TikTok, Pinterest, Instagram, Twitter, and Facebook.
Salary can vary, and this job can be done part-time or full-time.
22. Landscaper
A landscaper improves and maintains outdoor areas, such as by taking care of the lawn, planting flowers, or even renovating a whole outdoor area (such as to make it more enjoyable to sit outside and have company).
If you’re interested in jobs where you work alone outside, this is one to consider as you will be outdoors and working on your own a lot. Customers may talk to you occasionally, but you are mostly by yourself.
Landscapers work at houses, apartment complexes, businesses, or somewhere else.
23. Data Entry Clerk
Data entry clerks enter, update, and check information in databases or spreadsheets. They type information such as numbers and names into computers to keep things organized and recorded.
This job can sometimes be done remotely and alone, with minimal supervision or interaction with customers.
Data entry jobs typically pay around $15-$20 an hour.
24. Editor
Editors review and improve written content for clients and they usually work on their own as most of their time is spent editing content.
Their job is to read articles, blog posts, advertising, books, and more to make them better. They fix any mistakes in grammar or spelling and help the words flow smoothly.
Editors typically earn anywhere from $40-$60+ an hour.
25. Freelance Writer
Freelance writers write content for clients, such as blog posts, advertising, and more. Freelance writing jobs where you work by yourself are common as you’ll be given a topic to write about from the client, and when you are done you may be given some feedback (such as paragraphs to improve or add to). But, that is usually as much human interaction as you’ll get if you want.
You can find different writing jobs on platforms like Upwork and Fiverr, or even find clients on your own.
I was a freelance writer for many years before switching to working full-time writing here on Making Sense of Cents. It is a great career path where you can work from home mostly by yourself.
Recommended reading: 14 Places To Find Freelance Writing Jobs – (Start With No Experience!)
26. Translator
Translators convert written content from one language to another, requiring fluency in at least two languages. Freelance and remote opportunities are available.
If you know another language, you might be able to find a work-from-home job where you can earn money by reading books and translating them. Another option is to get paid for proofreading or editing translated books to ensure they read smoothly and accurately.
There are lots of places you can find translation jobs, such as UpWork, Babelcube, Today Translations, Ulatus, Fiverr, and more.
27. Computer Programmer
Computer programmers write and maintain computer software, often working alone on projects.
They use coding to tell computers what to do and create all sorts of things like apps, games, and websites.
28. Canva Template Designer
Creating and selling Canva templates online allows you to work alone.
A Canva template is like a ready-made design that you can use for things like making posters, Pinterest pins, ebooks, or presentations. It’s like having a helpful starting point if you’re not super good at designing things from scratch. Canva templates come with empty spaces where you can put in your own words and pictures and you can also change colors and fonts to make them just how you like. They’re really helpful for people who want their things to look nice without spending a lot of time on it.
Making and selling Canva templates can be a great way to earn extra money as you only need to create them once, and then you can sell them as many times as you like.
Recommended reading: How I Make $2,000+ Monthly Selling Canva Templates
29. Voice Over Actor
A voice-over actor is the person whose voice you hear but don’t see in YouTube videos, radio ads, educational videos, and more.
Voice-over actors many times work right from their own homes!
Voice actors don’t need experience for this job (eventually, it does help, yes). Instead, they need to have a voice that the company is looking for.
Recommended reading: How To Become A Voice Over Actor And Work From Anywhere
30. Truck Driver
Truck drivers are people who move things from one place to another. To do this job, truck drivers need a commercial driver’s license (CDL). This job often involves working by yourself for long hours.
The salary for a truck driver can depend on things like what kind of items they’re moving and the miles they have to drive. Usually, they can make between $45,000 and $75,000 or even more in a year.
31. UPS Driver
UPS drivers deliver packages to people’s homes and businesses. They do this mostly on their own, in their trucks by themselves.
UPS drivers make a good income and they earn about $30-$45 per hour or even more, depending on how many years they have worked at UPS and where they work.
32. Security Guard
Security guards protect property and/or people, and they usually work alone.
A security guard’s salary depends on things like where they work, how long they’ve been doing the job, and what exactly they have to do. Usually, they can make between $25,000 and $35,000 in a year.
33. Self-Storage Facility Owner
Self-storage facilities are where people store their belongings, like boxes of their mementos, vehicles, RVs, and more.
Owning a self-storage business can be a way to make money and run a business with low expenses, plus they typically only have a couple of employees.
Many of the times when I’ve been to a self-storage lot, it’s been just the owner or an employee of theirs working. There are almost no customers either.
Recommended reading: How To Invest In Self-Storage For Beginners
34. Laundromat Owner
Similar to a self-storage business, a laundromat typically does not have very many employees.
Running a laundromat can be a way to make money, with low costs, as most things are automated (the washer and dryer machines do all of the washing).
Recommended reading: Are Laundromats Profitable? How Much Do Laundromats Make?
35. Get Paid To Text
When getting paid to text, you will many times be talking to someone else, but it is all done through text messages.
Some jobs may include:
Text Therapy or Coach
Answering questions, such as if you are a mechanic, doctor, lawyer, veterinarian, home expert, appraiser, computer expert
Customer support
Recommended reading: 28 Ways To Get Paid To Text And Make Money
36. Survey Taker
Taking online surveys and answering questions for focus groups is not a full-time job, but it can be a way to make some extra money.
You share your thoughts and answer straightforward questions, and in return, you can receive cash or rewards such as Amazon gift cards.
The survey companies I recommend signing up for and the best-paying survey sites include:
American Consumer Opinion
Survey Junkie
Swagbucks
InboxDollars
Branded Surveys
Pinecone Research
Prize Rebel
User Interviews – These are the highest paying surveys with the average being around $60.
Recommended reading: 18 Best Paid Survey Sites To Make $100+ Per Month
37. Twitch Streamer
Twitch is a site where you can make money playing video games, talking online in a live stream, and more. A streamer may be able to make money from their own home and all alone. Yes, they do need to be live recording their life, but they are their own boss.
There are many ways to make money on Twitch such as with paid subscriptions, display ads, selling merchandise (like t-shirts and mugs), and more.
Some of the most successful Twitch streamers make hundreds of thousands or even millions of dollars each year, but, it’s important to know that most don’t earn much at all.
Recommended reading: How Much Do Twitch Streamers Make?
38. Litter Cleanup Worker
If you own a business, it’s important to keep your place clean and tidy. Nobody likes to see trash lying around, right?
That’s why some business owners are happy to pay for someone to clean up before their business opens for the day. A clean area makes the place look nice and welcoming for customers.
This business can be started all alone and earnings on average are about $30 to $50 for every hour you work. It’s pretty simple too. You’ll just need a broom, a dustpan, and some tools to help you pick up litter easily. It’s almost like taking a stroll while you work! Plus, you can choose when you want to do it, so it can fit nicely into your schedule.
Recommended reading: How I Started A $650,000 Per Year Litter Cleanup Business
39. Google Rater
A Search Engine Evaluator, also known as a Google Rater, is a person who looks at websites and blogs and gives them a score based on how good and helpful they are for Google.
You don’t need to be a tech expert or have a fancy background for this job. Google actually wants regular people, just like you, to rate websites. Plus, you can do this in your own language. Google works in lots of different countries, so you can help out right from where you are.
Recommended reading: How To Become a Search Engine Evaluator
40. Actuary
An actuary is a financial expert who helps businesses figure out and manage their money-related risks, such as for insurance, pensions, and investments.
They use mathematics and statistics to forecast what might happen and help companies make smarter financial decisions.
Actuaries can earn a good salary, and as they get more experience and pass more exams, they can make even more money. Depending on where they work and how experienced they are, actuaries earn average salaries of anywhere between $70,000 to well over $100,000 each year.
Frequently Asked Questions About Jobs Where You Work Alone
Here are answers to common questions about finding jobs where you work alone.
What are jobs with no interaction?What jobs allow me to work by myself?
Yes, there are jobs where you don’t need to talk to people a lot. For example, being a night shift security guard, a transcriptionist, or a stock photo photographer.
How can I work alone from home?
There are jobs where you can work alone at home such as being a blogger, a transcriptionist, or a computer programmer.
What are jobs where you work alone with no degree?
Many jobs don’t require bachelor’s or master’s degrees (a high school diploma will work for many on the list above) and offer the opportunity to work independently. Mowing lawns, painting houses, repairing cars, or walking dogs often don’t require formal education and focus more on skills and experience.
Which part-time jobs are best suited for solitary workers?
Many of the jobs in this blog post can be done part-time, such as any of the freelance jobs, house cleaning, dog walking, and taking surveys. That is one of the joys of many of the jobs above – you can choose your schedule.
What trade jobs can one perform independently?
Trade jobs that you can perform independently include carpentry, welding, or plumbing. These professions usually require specific skills or certifications but may offer opportunities to work alone.
Are there any tech jobs ideal for people who prefer to work alone?
Yes, there are tech jobs that can work well for people who want to work on their own such as web developers, software engineers, or data analysts. These roles usually involve solving problems and working independently, though there might be some instances where collaboration is needed from time to time.
What jobs can be done in isolation with no experience required?
Jobs such as house cleaning, taking surveys, and flea market flipping can be good places to start for entry-level jobs.
How can I find work-alone job opportunities near me?
To find work-alone job opportunities near you, try perusing local job boards, classified ads, or online sites like Indeed or LinkedIn. You can also network with people in your community or join online forums related to your interests to find jobs.
Jobs Where You Work Alone – Summary
I hope you enjoyed this article on jobs where you work alone.
These jobs are like a safe space for people who like being by themselves. It’s a place where you can really concentrate and do your own thing with low social interaction. Jobs where you work alone often appeal to introverts and individuals who require fewer distractions.
Jobs like writing, coding, and freelancing let you work on your own. Not everyone may like working alone, but for those who do, it can be a lot less stressful and overwhelming.
I have been working mostly on my own for years now, and I really love it!
HELOC, Manufactured, Technology, Marketing, and Digital Tools; Central Banks and Inflation
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HELOC, Manufactured, Technology, Marketing, and Digital Tools; Central Banks and Inflation
By: Rob Chrisman
7 Hours, 56 Min ago
If you want something sobering, almost mesmerizing, here’s a short drone video of the flood damage in Libya (at the 15 second mark you can see how it tore through the city). Fortunately not so sobering are some stats out of the United States. The U.S. homeownership rate in 2022 was even higher than before the COVID-19 pandemic at 65.8 percent compared to 64.6 percent in 2019. That rebound was driven largely by those aged 44 and younger. And who says Millennials aren’t buying homes? Homeownership continued to climb from the foreclosure crisis (2004) and Great Recession (2008), when rates dipped as low as 63.4 percent in 2016. Homeownership rates recovered approximately half of the 5.6 percent decrease from 2004 to 2016. In Hawai’i the homeownership rate is 59 percent, I bring up the Aloha State because American Savings Bank, First Hawaiian Bank, and Central Pacific Bank joined Hawaiʻi Community Lending, a Hawaiʻi-based nonprofit community development financial institution, in pledging to provide mortgage forbearances to Maui families impacted by the recent wildfires. (Today’s podcast can be found here and this week’s is sponsored by the Trade-In Mortgage powered by Calque. Homeowners can buy before they sell, make non-contingent offers, and tap their home equity to fund the down payment on their next home. Lenders can help their clients negotiate a lower purchase price, reduce their interest payments, and eliminate PMI. Today’s podcast features Greg Korn and Ben Petit in an interview from the New England Mortgage Bankers Conference.)
Lender and Broker Software, Products, and Services
In an era defined by technological advancements, Dark Matter Technologies LLC emerges as a transformative force in the mortgage origination landscape, marking its evolution from Black Knight Origination Technologies. Under the Perseus Operating Group of Constellation Software Inc., Dark Matter Technologies remains steadfast in its commitment to pioneering innovation. CEO Rich Gagliano aptly sums up the company’s vision: “Dark Matter Technologies is on a mission to revolutionize the mortgage origination business by supporting, growing, and aggressively innovating new and existing products.” With over 1,300 dedicated mortgage technology experts and a portfolio that includes Empower, AIVA, Exchange, and more, Dark Matter Technologies is poised to lead the industry into a new era of unparalleled transformation. Learn more about Dark Matter Technologies and their mission, here.
There is approximately $9T in agency or government MSR outstanding. Billions of dollars are being transacted daily and this volume requires disciplined loan accounting processes to record loans accurately, produce investor reporting, and power business decisions. SBO from SitusAMC is a comprehensive loan accounting and master servicing platform that reconciles daily and monthly servicer cash collections down to the penny, aiding in the discovery of potentially misplaced funds and enhancing the financial integrity of the entire process. Servicers using SBO produce accurate and timely details providing confidence that their investor reporting obligations are being met. Schedule a demo of SBO with SitusAMC’s client-focused experts.
“Did you hear Capacity’s big announcement at TMC Fall? We’ve acquired Denim Social! Together, we’re building a support automation platform that helps you automate support, connect more authentically with your borrowers, and close more loans, faster. Read the press release to learn more! We also gave away a personalized AI Assessment worth $10,000 to help mortgage lenders identify opportunities for improving their business with AI. Plus, our new GSE Search feature pulls accurate, up to date GSE regulations within seconds using generative AI. Want to join the AI in mortgage revolution? Meet the Capacity team today.”
A new era in loan origination has arrived. Mortgage Machine Services, an industry leader in digital origination technology to residential mortgage lenders, announced the launch of its namesake platform Mortgage Machine™, an out-of-the-box, all-in-one LOS designed to accelerate lenders’ operational velocity and support an end-to-end digital origination process. Developed by digital mortgage pioneer and industry veteran Jeff Bode, Mortgage Machine utilizes intelligent automation, configurable business workflows and a cloud-based infrastructure to optimize the entire loan lifecycle and create a seamless lending experience. Key platform features include AI-powered task automation, a scalable cloud-based infrastructure, flexible APIs, pre-configured workflows for retail and TPO channels, integrated document management and POS functionality. Mortgage Machine also offers all-in-one eClosing capabilities, including an eClose room, eNotes, eVault and RON, and utilizes MISMO SMART Doc® data and security standards. Visit here to get started on your digital transformation journey.
Blend Labs continues to be the mortgage industry’s leading technology platform. Core to the platform is Blend’s unique integration with Desktop Underwriter® (DU®) and LPA. These integrations help streamline your approval process for borrowers, with all the conditions lined up for your fulfillment team. Add in intelligent and automated follow-ups and you’ll get to the closing table faster and more efficiently. Putting this information at the loan officer’s fingertips creates a streamlined process and eliminates manual work which equals lower costs, higher pull-through, and increased revenue. See more ways that Blend is committing to innovation and continues to lead the way.
Looking for timely advice on how to capture more loan volume and improve your bottom line in a down market? Now is the time to explore ways to tap into new markets. Expanding your mortgage footprint through new products and channels or by reaching new geographies insulates your business against economic and interest rate volatility by diversifying your sources of volume and revenue. By setting the groundwork to connect with new borrower markets now, you’ll open new revenue possibilities for when the market inevitably recovers, positioning your business to hit the ground running and beat out the competition. Download this informative eBook from mortgage solutions provider Maxwell for actionable advice, including how to create your expansion plan and choose the offerings best suited to the markets you want to pursue. Click here to download Growing Your Mortgage Footprint: How to Launch New Loan Products, Channels & Geographic Expansions.
Broker and Correspondent Products
Build your book with AFR Wholesale® (AFR)! Now, get the chance to listen from and ask questions directly to AFR and Freddie Mac to turn those prospects to active pipeline at the next Why Wait webinar series covering Manufactured Home Financing on Wednesday, September 20th at 1 PM EST. Register here today! Have you and your borrowers looked into Manufactured Housing as an option? With unbeatable affordability, customization options that are very tailored, quick installation and trusted quality, manufactured homes are worth exploring. Especially with a top lending partner in AFR who has been an industry leader for over 25 years. This is a live webinar, and a recording will not be provided so make sure to join and get great insight and have the opportunity to ask questions and listen to scenarios! Visit AFR Wholesale, email [email protected], or dial 1-800-375-6071. AFR Wholesale® – Don’t wait. Register today!
“With Cash-Outs on the decline during this high interest rate environment, it is important to present your borrowers with different cash-out options. That is why Vista Point is announcing a brand new HELOC product coming soon, in addition to our existing Closed-End Second. Our HELOC product is being designed as a complement to our Closed-End Second to provide a full suite of Equity Solutions. Our HELOC will provide a specific solution for borrowers that want the optionality of an interest-only payment, or the ability to draw up and buy down their line during the 5-year draw period with no Appraisals up to $250k. Just like on our Closed-End Second offering, with HELOC loan amounts up to $550K and combined lien amounts up to $2.5M, your borrowers can get the cash they need without sacrificing their advantageous 1st mortgage rate. HELOC will be available for full doc and bank statements on OO and 2nd homes. For more information, reach out to us, or meet us at the Philly MBA to discuss.”
Capital Markets
We learned last week that prices in August rose by the largest monthly percentage in 15 months. However, that month-over-month inflation was widely expected due to a surge in gasoline prices. Underlying oil prices are also pointing towards further increases in September. Meanwhile, core prices were up 0.3 percent and core goods prices declined by 0.1 percent. Over the last three months core prices have increased at an annualized pace of 2.4 percent, the lowest three-month pace since March 2021. Retail sales rose faster than analysts’ expectations in August, also due to higher gas prices. Many analysts expect consumer spending to slow as excess savings built up over the pandemic have materially declined and credit is increasingly costly and difficult to obtain. Additionally, the resumption of student loan payments is expected to cut into discretionary spending. It will take more than expectations of slower spending before the Federal Reserve feels inflation is firmly under control.
What could move mortgage rates this week? The U.S. Federal Reserve, Bank of England, Bank of Japan, and the central banks of Norway, Sweden, and Switzerland are all announcing rate decisions after a spate of recent inflation data shows that price increases are alive and well. The Fed’s Federal Open Market Committee (FOMC), the action arm of “the Fed,” is not expected to raise rates. It’s unlikely that the commentary around the commitment to keep fighting inflation and higher rates for longer will change either, but it could tilt a little more to the hawkish side after a stronger-than-anticipated inflation report for August.
The week could also see some extra drama on the political front as the countdown continues toward a potential government shutdown on October 1 in addition to the battle between the United Auto Workers (UAW) union and Detroit automakers. The auto worker strike could complicate Fed Chair Powell’s bid for a soft landing. Union leaders are asking for a 36 percent wage increase over four years, to match the similar recent pay increase for top executives. The union also wants pay to rise automatically with inflation in the future, as it did before the financial crisis.
This week brings the aforementioned FOMC meeting that begins tomorrow and concludes on Wednesday with the Statement, updated SEP (where fed funds projections will be closely scrutinized), and Chair Powell’s press conference. The treasury will also be in the headlines with more coupon auctions scheduled: $13 billion reopened 20-year bonds tomorrow and $15 billion reopened 10-year TIPS on Thursday. The only scheduled, probably non-market moving, news out today is the NAHB Housing Market Index for September. We begin the week with Agency MBS prices roughly unchanged from Friday, the 10-year yielding 4.34 after closing last week at 4.33 percent, and the 2-year is at 5.00 percent.
Employment
Are you more energized, more encouraged, and more motivated to succeed today than yesterday? Zig Ziglar famously stated, “People often say that motivation doesn’t last. Well, neither does bathing; that’s why we recommend it daily.” “As an industry leader, Thrive knows that motivation, discipline, and belief in your ability to succeed is critical,” stated Randell Gillespie, National Sales Leader for Thrive Mortgage. “There is no better time than now to find ways to continually motivate your team, which is why we put so much focus on daily opportunities like these at Thrive. Through our weekly High-Performance Coaching Calls, our very own nationally-recognized Marketing Master, James Duncan, leads these motivating and educational experiences for results. The biggest names in the mortgage industry and thought-leadership have been part of our Thrive Nation broadcasts. We want everyone to be better today than yesterday. Start a conversation with us and find out how.
“The fall season is here, and now more than ever is the time to build rapport with your referral partners and clients to maintain a steady stream of business. At Guaranteed Rate Affinity, not only do we have the greatest number of products, but we have the tech platform for our loan officers to do business from anywhere. With PowerVP, you can do anything from creating loan applications to sending pre-approval letters all from your mobile phone. Anything you could do from your desk, you can now do on the go with PowerVP. Gone are the days of being chained to your desk and missing out on important moments. Primarily, it gives you a work-life balance you never thought possible. Luckily, we’re hiring the best of the best loan officers to leverage our tech platform to grow their business. Ready to learn more? Contact Tim McGraw to get started.”
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First Republic, like several distressed regional lenders, found itself in turbulent waters when the Federal Reserve escalated interest rates to combat inflation. This move adversely affected the value of bonds and loans that First Republic had acquired during a period of lower rates. The subsequent fallout saw depositors withdrawing in search of better returns and, … [Read more…]
There are two ways to look at today’s weakness in the bond market. On one hand, yields did a great job of holding underneath the 4.34% technical ceiling in 10yr yields despite multiple bounces. On the other hand, 10yr yields moved quickly up to the 4.34% ceiling and attacked it multiple times. The first scenario is an optimistic defense. The second scenario could be viewed as “staging” for a breakout. Traders likely haven’t determined which scenario they’ll support and are instead waiting to see the lay of the land after next week’s Fed events.
Import Prices
0.5 vs 0.3 f’cast, 0.1 prev
NY Fed Manufacturing
1.9 vs -10 f’cast, -19 prev
Industrial Production
0.4 vs 0.1 f’cast, 0.7 prev
Consumer Sentiment
67.7 vs 69.1 f’cast
1yr inflation expectations down 0.4
5yr inflation expectations down 0.3
09:14 AM
Weaker overnight with Europe, but traders “buying the dip” in bond prices now. 10yr up 2.2bps at 4.308. MBS down roughly an eighth.
12:00 PM
Slightly weaker into the PM hours. MBS down about a quarter point. 10yr up 4.4bps at 4.33%
04:24 PM
10yr up 4.2bps at 4.328. MBS down .25 to .375.
Download our mobile app to get alerts for MBS Commentary and streaming MBS and Treasury prices.
As a film fanatic, I love an ending with a surprise twist that I didn’t see coming. When this filmmaking device is executed well, it can make a movie memorable for all the right reasons. Conversely, when a film can’t quite pull off a surprise ending, it can appear creepy, disturbing, and unsettling. Spoiler alert: According to a recent online thread, these ten movies had endings that were so bad they defied logic.
1. Solaris (2002)
George Clooney’s character, Dr. Chris Kelvin, is haunted in outer space by the memory of his deceased wife, who soon materializes as an alien life form that is not only a replica of her but is seemingly indestructible as she keeps coming back. However, for multiple users, finding out that Kelvin chose to remain in space while his alien doppelganger returned to earth in his place was too much to believe.
2. Midsommar (2019)
The idea that Dani, the film’s female protagonist, would select her boyfriend to die by ritual sacrifice stretches the bounds of credulity for several people. Even if he wanted to break up with her, his death was horrific by any standard.
3. Get Out (2017)
While this film did well at the box office, some viewers found the ending dissatisfying. The primary antagonist was left alive but wounded, leaving the possibility that she could survive to send more unsuspecting men to the Sunken Place.
4. Shutter Island (2010)
Finding out that Leonardo DiCaprio’s character was not a police detective and war veteran, but was the wife-murdering man his detective persona was hunting, turned off some viewers as being too implausible an ending.
5. Dark Water (2005)
When the back story of the ghostly child Natasha is revealed – she has been abandoned in the apartment complex by her neglectful, abusive parents.
The only individuals bearing the consequences of her abandonment and death are the building superintendent, who concealed his knowledge of her body, and Dahlia, who, in her ultimate act of sacrifice, becomes Natasha’s surrogate mother in death after giving up her own life to protect her daughter. So why weren’t the parents found and punished? Unsatisfying, indeed.
6. The Vanishing (1988)
If you seek a film where the villain faces consequences for their actions, this isn’t the one. Witnessing a criminal escape justice for kidnapping and murder not just once but twice, with the movie ending in such a manner, feels like a gut-wrenching disappointment.
7. The Mist (2007)
Posters to the online forum are dissatisfied with the ending of this movie. Following a harrowing ordeal, during which they faced off against colossal insects and other monstrous creatures throughout most of the movie, a cluster of survivors opted to end their lives in anticipation of what they perceived as an inescapable death. Regrettably, the sole remaining survivor among them, driven by compa-ion, kills the others, only to realize moments later that they are on the brink of rescue by the military.
8. Kids (1995)
Talk about a film with a creepy, disturbing ending. Seventeen-year-old Telly is HIV positive but seemingly doesn’t know it. Jennie, a girl that he infected with the virus, spends the day looking for him as he preys on other unsuspecting young girls. Viewers never know if Jennie tells him of her diagnosis.
9. Invasion of the Body Snatchers (1978)
Matthew, the lead character played by Donald Sutherland in this remake of the 1956 film, spends the better part of two hours running from the alien pod people, only to reveal himself to be one of them at the end of the movie. This ending is a bitter pill to swallow for a lot of fans.
10. Saw (2004)
Easily one of the creepiest, most disturbing movie endings ever, according to multiple users. Finding out the corpse lying on the floor for the entirety of the film was the Jigsaw Killer, who then permanently imprisoned his victim, was shocking and unsettling.
Source: Reddit.
These 11 Movies Are So Bad You’ll Wish You Could Unsee Them
The movies we love best are a combination of excellent characters, plots, stories and cinematography. But if these factors can make great movies, they can also make terrible movies—the ones that make people cringe, the ones we swear they’ll never watch again.
These 11 Movies Are So Bad You’ll Wish You Could Unsee Them
10 Celebrities Who Are Universally Disliked
People will always have preferences and something to say about celebrities. What you might love may not be the same for others. Whether it’s about their past behaviors, legal issues, or feuds with other celebrities, here is a list of celebrities people just cannot stand.
10 Celebrities Who Are Universally Disliked
11 Vampire Movies That Will Leave You Yearning for More
Sometimes, we just love to watch a favorite vampire movie, one of the ones that never gets old. It piques our imagination with the unknown story of two teenagers fighting for their love, the incredible and creepy scenes, and the bloodsucking cla-ics.
11 Vampire Movies That Will Leave You Yearning for More
25 Extraordinary Sequels and Remakes That Outshine the Originals
Every once in a while, a movie sequel or remake surpa-es the original film. After polling the internet, “Name a single movie where the sequel or remake was better than the original?” Here are the top-voted responses.
25 Extraordinary Sequels and Remakes That Outshine the Originals
25 Blockbuster Films With Behind-The-Scenes Turmoil Unknown to the Public
Several big movies with significant nightmare productions have some seriously delicious tea. After a recent poll on the internet, here are twenty-five films with disasters that made filming difficult.
25 Blockbuster Films With Behind-The-Scenes Turmoil Unknown to the Public
My name is Steven Wynands and I’m the co-founder and CEO of Peer Reputation. Over 60,000 real estate agents and brokers use our platform to discover and leverage their professional relationships. This is my personal reflection on what happened over our first 12 months that finally gave me the courage to believe in myself and pursue this project full-time. I hope you find it interesting and that it helps you if you’re going through the same decision.
Facing The Big Decision
I never thought I’d find myself in this position. Saddled with student loans, credit cards, a mortgage, and childcare for two, it would be very irresponsible for me to leave my cushy, government job to pursue my own startup ambitions. I tried to delay this decision as long as possible. I sacrificed sleep so that I could be there for my family and deliver everything my job expected of me. Wishfully, I hoped that the universe would take care of it for me by turning the startup into an overnight success or burying it to the ground. Neither of those things happened, but I did get plenty of signs that helped me make a decision.
Getting Inspired (Again)
I was just one year removed from an unsuccessful real estate startup that spanned two years. I had no intention of jumping into another project, but one afternoon of phone calls changed everything. The first phone call was from a buyer’s agent whose clients were interested in one of my listings. Her call made me uneasy and I wanted to protect my sellers so I made a few more calls of my own.
I reached out to other listing agents who had recently worked with this buyer agent and was surprised by the responses. I wasn’t connected to these other agents in any way yet they openly shared detailed warnings with me about working with this buyer’s agent. They were eager and grateful for the opportunity to protect other agents and consumers from reliving their nightmares and wished there was an easier way to do so. Thankful and inspired, I called up my friend Steve with an idea.
Starting Up, Extra Lean & First Signs from The Universe
I’ve known Steve since middle school. We worked together throughout secondary school as well as college where we studied computer engineer together at Virginia Tech. We continued working together on projects after graduation including the recent unsuccessful real estate startup. At this point we were each raising two small kids and a bit burned out from long nights and weekends so I approached him with a very simple project based on the phone calls I just had that afternoon. We discussed the backstory and basic specs and agreed to meet a few days later to test out my idea.
The basic premise was simple. I wanted to know if other agents were just as eager to share their feedback to protect other agents and consumers too. To test out this idea I created a list of 600 recently sold homes along with the listing and selling agent information, and Steve coded up a test project to request feedback between these cooperating agents. We built this out on Saturday and Sunday and were ready to launch the following Monday.
Immediately after launching our test I was prepared to throw in the towel. I thought the experiment had failed and I was just happy to know that we had only spent a few days on it. It turned out that the only failure was my uninformed expectations and analysis. I showed the results of our testing from that day to my brother who enjoys marketing as a Product Manager for Zappos and he was blown away! He said that we were hugely successful by achieving a 70% total email open rate and 20% email click rate.
I still wasn’t sure exactly what we were building but I knew enough from his reaction that we had to keep on going. The next week we doubled the sample size and tweaked some wording in our emails and achieved an 80% total open rate and 27% click rate! It was very clear that we were building something that people wanted. We just had to keep it going while we figured out exactly what that thing was.
Product? Market? Fits!
Over the next few weeks, we increased our survey sample sizes and maintained high open and click rates. We received over 10,000 responses in our first month! The manual data loads were becoming so overwhelming that we didn’t have time to work on the platform. I buckled down and focused on creating a web scraper to automate the data routines while Steve worked on building out the infrastructure that could house a richer experience.
Four months after conducting our first test we finally had our platform shell in place. We relaunched our feedback platform more broadly in the same local market and watched the results come in immediately. Now that we finally had a user dashboard, agents were registering and interacting directly with us. A thousand agents registered the first month and I knew we had a hit when they were telling us how surprised they were that this kind of platform hadn’t existed before. They were also asking us for more features! We could not believe how smoothly everything was happening! Things were continuing to ramp up based on user demand.
Traction and Scaling
Eight months into our project, things were going very smoothly. Peter joined us as a co-founder and freed us up to be more strategic and engaged with the user community. Our friends saw their friends using our platform from social media and asked if they could help with our startup. We all had fun learning and growing together while watching thousands of feedback and hundreds of new users register every week, but I could feel the transformation of startup project to company taking place.
10 months into the project, I was spending nights and weekends at Steve’s house again. We’d plan and program into the morning hours and then I would sleep just enough that I could drive home safely and spend time with my family. I was also working nights and weekends to deliver on my full-time job and doing 20 real estate transactions on the side. I knew it was time to come out of the startup honeymoon and figure out if this thing was going to last before I burned out again and so we put ourselves through a major test-expansion.
For the first ten months, we only served one market as we built and fine-tuned the platform. We had grown at a compound monthly growth rate of 27%, and we were ready to find out if we could replicate our success nationally. We expanded to a few test markets and were thrilled to see that the email open and click rates stayed high as we increased our registered users 42% over the previous month! Everything was going so well but I couldn’t seem to take the leap of faith and work on this project full-time. This is around the time that the universe sent more signals my way.
Our Users Established Our Product Messaging
As an engineer who got into PropTech and then became a top-producing real estate agent, I’m keenly aware of how sensitive the real estate industry can be. I studied how RedFin pulled its Scouting Report project and how Keller Williams opposed AgentMatch. But I also saw how NAR and Houston Realtors had tried moving forward with ratings, and that the agent performance analysis was enough to propel HomeLight to a $40M Series B. Since our platform was built on top of agent-to-agent ratings, I didn’t feel comfortable taking the full-time plunge yet and thrusting myself into major industry scrutiny. That changed very quickly with one phone call from a real estate agent.
Every week we receive feedback from tens of thousands of real estate agents. We also get lots of phone calls and emails about our platform that I answer personally. After I finished my usual explanation on one of these phone calls, the agent responded, “Oh, it’s about professionalism? That’s awesome.” That was the key. Although our system was built on top of ratings that’s not really what we stood for. I learned from our users that they were actually utilizing it for professionalism and accountability. We finally had a message that we could promote publicly with great confidence and it came just in time for the next big moment.
Coming Out of Stealth Mode (Product Timing & The Parker Principles)
On April 2, 2018, Inman News published The Parker Principles: A Real Estate Manifesto. It was created based on input from agents, brokers, companies, and associations from around the country as a series of principles to make real estate better. It echoed so many tenets of our startup: Quality, professionalism, and accountability in real estate. When I read The Parker Principles I felt like these industry leaders were screaming for the solution our team had built. The universe was clearly telling me to pop out of my shell and so I did. I reached out to Inman News about our platform and they covered us two months later in June. I had outed myself as the real estate agent behind Peer Reputation and there was no going back now.
Something’s Gotta Give
We were about 11 months removed from the weekend project that turned into a full-blown startup and the major Inman Connect real estate conference was coming up in mid-July. I knew we had to keep the momentum going so I took a week off from work and flew out to San Francisco to mingle with the industry I had just revealed myself to.
On the second day of Inman Connect I was standing in the lobby of the Hilton when the COO of Remine, Jonathan Spinetto, said, “Follow me.” He led me through a series of halls and we stopped outside of a suite. When the suite doors opened a few minutes later, MLS executives walked out and I walked into a dim room lit blue by a portable projector and populated with the CEO, COO, and CFO of Remine. Jonathan handed me a display cable and said, “Demo.”
We went over the platform, the processes, team, and potential roadmap. At one point during our discussion I remember that Mark Schacknies, then-CFO and now-CEO, told me, “You need to sleep.” It actually wasn’t the first time I had heard something like that. When Gill South interviewed us for the Inman News article, she told me that I should devote my full attention to the startup. Smart industry folks were telling me that I needed to quit my full-time job and I was finally ready to consider it.
The Tipping Point & Decision
A few weeks after coming back from Inman Connect, my boss called me into his office and asked me, “Do you have outside employment?” I responded openly and honestly and from there my work life began to unravel. My telework was cut in half which meant I spent more time driving through grueling DC area traffic. I wasn’t prepared to scale back on my startup activities when things were going so well so I just continued sleeping less.
I was tired. The startup was going great and the work environment was souring. Why couldn’t I just quit and focus on the startup? The answer was that I wanted to provide a stable environment for my wife and children, and that requires income. I had been so focused on building the platform and acquiring users that I hadn’t considered income until now. Now I was motivated, confident, and ready to take a leap. On October 17th, 2018 Peer Reputation welcomed its first paid subscriber. 10 days later, I quit my job.
Fast Forward
It’s been 9 months since I quit my job and I don’t regret it one bit. Things have not slowed down and continue to look better and better. I’d love to write more about it but, unfortunately, I’m out of time! I’ve got to get back to preparing for some major events. I’m heading to Inman Connect in Las Vegas where we’ve been selected as a finalist for the Inman Innovator Award. I’ll also be pitching onstage at the conference as one of eight selected startups at Tech Connect. If you’re going to the conference as well please swing by our table in Startup Alley to say hi! (I still can’t believe this is all happening!)
How much do Twitch streamers make? Twitch is a popular live streaming site where you can watch people play video games online. Yes, you can actually get paid to play video games online! And, over the last few years, Twitch has added many more ways you can live stream other than just gaming, such as…
How much do Twitch streamers make?
Twitch is a popular live streaming site where you can watch people play video games online.
Yes, you can actually get paid to play video games online!
And, over the last few years, Twitch has added many more ways you can live stream other than just gaming, such as cooking, advice, talking, travel, and more.
I remember when Twitch first came out and it was still pretty new. So many people dreamt of making it big on Twitch and were wanting to play video games all day and make a lot of money. I even had many friends who tried to get popular on the site.
Twitch’s wide reach has allowed so many people around the world to make money. So, you may be wondering how much Twitch streamers can make and whether it’s even possible for you.
In today’s article, I will be diving further into how much Twitch streamers make and how they make money.
Recommended reading:
Quick Summary – How much do Twitch streamers make?
Twitch is a site where you can make money playing video games, talking, and more.
You can make money with paid subscriptions, ads, selling merchandise (such as a t-shirt with your logo on it), and more.
The highest-earning Twitch streamers make millions of dollars each year, while the majority of Twitch streams don’t earn much at all (the top 100 streamers on Twitch make at least $30,000 each month).
What is Twitch?
Twitch is a live-streaming site that was started in 2011 and is now owned by Amazon.
There are a whopping 7,000,000 streamers who go live on Twitch regularly and there are 35,000,000 daily viewers. That is a lot of people!
Content creators can live record themselves playing video games (such as Fortnite, Minecraft, Grand Theft Auto, World of Warcraft, Call of Duty, and Valorant) and people will watch.
While Twitch used to be all about watching people just play video games, now you can also watch people live stream themselves cooking, talking to viewers, traveling, doing their daily routine, and more.
Who is the biggest streamer on Twitch?
There are many popular channels on Twitch such as Ninja, Shroud, and Pokimane. The top streamers on Twitch earn millions of dollars each year!
Twitch streamer categories
On Twitch, streamers are categorized into three main groups:
Streamers – These are new and casual creators who might not be making money from their content yet. Or, maybe they don’t ever plan on making money and they are just doing it all for fun. When you first join Twitch, this is what you start as. It gets a little confusing because there’s the name Streamers, but there are also Twitch streamers (which is everyone who streams).
Affiliates – These are streamers who’ve reached a certain level of success and can receive donations, subscriptions, and ad revenue.
Partners – These are some of the most popular streamers on Twitch. They get many perks, such as being able to keep a higher revenue percentage from some of the Twitch monetization methods.
Unlike Twitch Affiliates, where you are invited automatically when you meet the requirements (talked about below), you must apply and be selected to join the Twitch Partner Program.
How to Become a Twitch Affiliate
To make money on Twitch and work from home, you will first need to become a Twitch Affiliate (becoming a Twitch affiliate is not required in order to apply to become a Twitch Partner, but it is encouraged by Twitch.). That is what they call a broadcaster (someone who is live streaming on Twitch).
The Twitch Affiliate program is available around the world. You can stream and make money on Twitch no matter where you live. To get started streaming on Twitch, you can do so from a desktop computer, laptop, Xbox, Playstation, or even your cell phone.
To become a Twitch affiliate, you must meet 4 requirements within a 30-day period:
Reach 50 followers
Stream for 8 hours
Stream on 7 different days
Reach an average of 3 viewers per stream
Once you reach all four of these requirements (at the same time), you will then receive an automatic invite to their program. It may take a few days to receive the invite, but it will come!
What percentage of streamers are successful?
There are some stats out there if you are curious about how much money people make on Twitch – The top 1,000 streamers earn at least $7,000 per month, while the top 10,000 streamers make around $900 per month or more.
So, that means that there are 7,000,000 streamers on Twitch, and only 10,000 of them earn $900 or more per month. That’s not a very high success rate, but I’m sure a lot of those 10,000 people who are earning at least $900 a month are happy.
Plus, as I said earlier, many of the 7,000,000 may be streaming on Twitch just as a hobby, and may not even be trying to make it big.
Is it hard to get big on Twitch?
Yes, it is hard. The average person on Twitch makes less than $900 a month, with many making just a few dollars a month or nothing at all.
This is because there’s a lot of competition on the site. You’ve got to remember that there are 7,000,000 other people on the site and many of them are probably trying to make money on Twitch as well.
To grow on Twitch, you will want to be consistently live streaming (at least a few times a week!), engage with your viewers (talk to them, use their names, and say hello), and find a way to stand out from your competition. You will most likely need to spend a lot of hours on Twitch to make any money.
How to make money on Twitch
There are several different ways that you can make money on Twitch, such as:
Twitch subscriptions
As a Twitch streamer, one of the main ways you can make money is from subscriptions. A subscription is when a viewer gives you money on a regular basis and pays a minimum of $4.99 per month for your Twitch channel.
A viewer may subscribe because they can watch live chats, get to watch your live streams without advertising, or simply just want to show their support because they enjoy your live streams.
Subscriptions come in tiers from $4.99, $9.99, and $24.99, with Twitch taking 50% of the revenue for Twitch Affiliates. Once you reach Twitch Partner status, your revenue share may increase to 60%-70%.
Bits donation earnings
Another income source for Twitch streamers comes from donations made by your viewers. Donations can come in the form of Twitch Bits or direct donations. You receive $0.01 for each Bit used in your chat.
Now, one penny may not seem like much, but it can add up quickly. Plus, you get to keep 100% of the donations you receive.
Twitch Bits are virtual tokens used to support content creators on the Twitch platform. Your viewers can purchase Bits through Twitch and these can then be used to “cheer” in a streamer’s chat by typing “cheer” followed by the amount that they want to give you. When a viewer cheers, their message is highlighted, and the streamer receives the Bits. The streamer may then publicly thank them for their support.
Twitch ads revenue
As a Twitch Affiliate and Partner, you can run advertisements during your streams and make money.
Twitch ads are short video clips shown during a Twitch stream, giving you a way to make money. Think of this like an ad that you may see when watching a YouTube video.
While ads can earn you money, they can impact the viewer experience (don’t you hate a lot of long ads when you’re watching something?). Twitch Partners have control over when and how ads are shown on their channels, which can help make the ads better for viewers.
Amazon Associates
This is one of my favorite ways to make money online.
Affiliate marketing with Amazon on Twitch is when you can get paid to share links to products on Amazon. For example, a product that you can share with your viewers could be the video game that you are playing on a live stream.
Then, when a viewer makes a purchase through an affiliate link, the streamer earns a commission.
Sponsored partnerships
Twitch streamers can make money from their channels through sponsored partnerships with brands. This is when you partner with a company and promote their product on your Twitch channel, social media account, and so on.
This may include talking about a product, wearing a clothing item with their logo on it, or showing their product in a live stream.
The earnings from a sponsored partnership are negotiated between the streamer and the brand, and depend on the channel’s reach, engagement, and more. Some sponsored partnerships may earn you a couple hundred dollars and the most popular Twitch channels may earn hundreds of thousands of dollars for a sponsored partnership.
Patreon
To make even more money, many Twitch streamers use Patreon. Patreon is a site where creators can receive monthly contributions from fans. Fans support you because they like watching your content.
Depending on your content, you could offer perks just for your fans who are monthly contributors, early access to content, merchandise (I’ve seen many creators give out stickers and other merchandise for certain levels), secret content that is only on Patreon for people who are paying the monthly fee, or more for different pledge levels.
You get to choose how much each level is, and your fans get to choose which level they want and how often they want to pay.
Merchandise
Selling merchandise, such as t-shirts, hoodies, mugs, stickers, or accessories, can be another way that a Twitch creator can make money online.
For example, if someone likes watching your content, then they may be interested in things like what you’re wearing.
Twitch streamers can partner with merchandising platforms to set up an online store, making it easy for viewers to look at and purchase.
Average Twitch streamer earnings
Wondering what the average Twitch streamer makes? Below, I will be talking about small, medium, and the most popular Twitch streamers.
Small Twitch streamers
Wondering how much small Twitch streamers make?
As a small Twitch streamer, it’s important to know that your earnings will likely be lower in the beginning. Many small streamers are still working towards reaching Twitch’s $100 minimum payout threshold (and many will never reach that).
It will most likely take a long time before you will make $1,000 from Twitch. Many people quit just a month or a few months in, and that is simply not enough time to make money on Twitch.
To make more money, you should spend time growing your following, engaging with viewers, and finding a way to stand apart from the crowd.
Medium Twitch streamers
For medium-sized Twitch streamers, you can possibly earn more money as your number of concurrent viewers, followers, and subs grows. You can become a Twitch Partner with an average concurrent viewership of just around 75 viewers.
But, that’s not all that you need to become a medium Twitch streamer. You’ll want many more viewers to make a full-time income.
This can lead to an increase in your earnings from revenue streams like subscriptions, bits, and ads, as well as sponsorships.
Medium Twitch streamers at this level can expect to earn anywhere between $1,000 to $5,000 per month, depending on their popularity and sponsorships.
Top Twitch streamers
When it comes to the top Twitch streamers, they usually have tens or even hundreds of thousands of viewers during their live streams.
The top Twitch streamers can make hundreds of thousands or even millions of dollars each year. They make money through sponsored partnership deals, Twitch subscriptions, and viewer donations (bits). You also can sell a lot of merchandise once you’re big because everyone will want your stuff.
Frequently asked questions
Here are answers to common questions about how much money you can make on Twitch.
How much does a Twitch streamer make per 1,000 views?
I did a little research, and it looks like Twitch streams make around $3.50 for every 1,000 views on average. Of course, you can make more than that if you are talking about subs, which I talk about below.
How much does a Twitch streamer make per subscriber?How do Twitch streamer subscription revenues work?
A Twitch Affiliate makes around 50% of subscription fees, with some Twitch Partners earning up to 70%. For example, if you have 100 subscribers at around a $5 subscription price, you could make around $250 per month.
At 1,000 subscribers, you may be able to earn around $2,500 per month from just subs.
At 10,000 subs, you may be able to earn $25,000 each month from just subs.
That is a lot of money! And, on top of that, you can earn money from ads, affiliate marketing, sponsored partnerships, and merchandise.
How much do Twitch streamers make a year?
The amount you can make in a year depends on different things – you may make $0, $100,000, or over $1,000,000 a year.
Do Twitch streamers get paid daily?
No, they don’t get paid every day. Payouts happen every 45 days for Twitch Affiliates and every 15 days for Twitch Partners, as long as you have reached a minimum payout earnings of $50.
So, for example, if you make $100 on March 5th, then you will get paid around April 15th.
You can choose your payout method too – from ACH/direction deposit, check, or PayPal.
Do Twitch streamers keep 100% of donations?
Yes, Twitch streamers get to keep 100% of donations.
What other ways do Twitch streamers make money?
Besides subscriptions, donations, and ad revenue, Twitch streamers can also make money from brand sponsorships, selling merchandise (like mugs and shirts), and affiliate links (like video games). They can even sell courses, start a Youtube channel, sell ebooks, and more.
How hard is it to make a living on Twitch?
Making a living on Twitch is definitely hard, as you will have to do a lot of streams, be personable with your viewers (talk to them during your live stream, for example), and learn how to grow.
Twitch is a very competitive platform, and only a small percentage of streamers make enough money to support themselves on a full-time basis. So many people want to see success on Twitch, but there is so much more that goes into it other than just playing video games. The top Twitch streamers are running a full-time business!
How Much Do Twitch Streamers Make? – Summary
So, how much do Twitch streamers make?
As you learned above, the amount depends on many different factors.
Thankfully, though, there are many different ways for a person to make money with their Twitch channels, such as with subscriptions, sponsorships, ads, donations, selling t-shirts, and more.
The average Twitch streamer does not make a full-time income, but there are quite a few streamers who make over $100,000 per year. And, some even make in the millions of dollars each year.
Wouldn’t that be amazing?
Are you interested in learning how to make money on Twitch?