You’ve been investing in your 401k for quite some time and are probably still clueless in where your money is going. (Don’t worry…you’re not alone)
But you’re thankful that they offer these “target date” or “life cycle” funds that make investing in your 401k so easy.
What are target date funds? You know… the funds where all you have to do is choose the year you plan on retiring and voila – you’re all set.
Winner, winner, chicken dinner…..how easy is that?
Here’s the BIG problem. Target date funds, although easy, can sometimes eat away at your returns.
Or stated just a bit more bluntly– They suck!
*You know I hate Target Date Mutual Funds when I take the time to record a video.
Target date funds were created to take away the hassle of having to research the mutual funds in your 401k and build and construct your own portfolio. But in my experience, taking the time to do the research and, essentially, build your own target date funds in your 401k, is a much better option. It’s this “a la carte” approach that can potentially give you much higher returns over your working life.
What Makes Target Date Funds so Bad?
First, let’s understand how they work. Most often these funds are created by a specific mutual fund company. Then that mutual fund company will take 12-18 of their mutual funds and create this diversified portfolio on your behalf. As you age towards your “target date” of retirement, the 12-18 funds will start shifting to something more conservative (movi.ng from less stocks to more bonds)
Sounds like win-win, right? You would think. Here’s the problem….
When you start breaking down the individual mutual fund options inside these target date funds, you start to uncover that there are some or several of these funds that are just plum horrible.
What I’ve Seen With Target Date Funds
Over the years, I’ve seen countless target date mutual funds that my clients have brought in and thus far, I haven’t seen one that I’ve been impressed with.
Recently, I had three different clients bring in their 401(k)’s, all of which having target date funds.
The common theme was…..you guessed it…. they suck.
Show Me Some Examples
Here’s some examples of three clients’ 401(k)’s where we compared the target date portfolio and looked at their ten-year returns, we adjusted that for inflation, and see how that compared with the new portfolio.
Now, keep in mind, the new portfolio consisted of the mutual fund options that were available to them in their 401k.
See, whenever you have a 401k, the target date fund is usually the easiest option, and sometimes your default option, but you typically have the ability to go in and create your own portfolio. Most people don’t because they simply just don’t know and don’t feel comfortable doing it.
I can’t blame people for not feeling comfortable or qualified to do so. I’m hoping by showing you some numbers below that you’ll at least consider it. Let’s take a look…..
Sample Client One
With each client we kept the ratio of stocks and bonds relatively the same. As you can see, the first portfolio netted a 3.61% more return over a 10 year period. 3.61%! Remember, we are just using other mutual funds that are already in the 401k.
Portfolio
10Yr Return
Adjusted for Inflation Assumed(3.4%)
10Yr Beta
Target Date Portfolio
4.22%
.79%
.90
New Portfolio
7.83%
4.28%
.76
Difference
+3.61%
+3.49%
-.14
For the super analytical people, I had to include other factors as beta, standard deviation and alpha. If you don’t know that means, it’s OK. You don’t need to. What you may be more interested in dollars.
Portfolio
10Yr Standard Deviation
10Yr Alpha
Target Date Portfolio
14.83
1.33
New Portfolio
12.80
4.79
Difference
-2.03
+3.46
What does 3.61% really mean over the long term? Well, let’s just say… A LOT. As you can see below, in 5 years on a $100,000 portfolio, it’s over $22,000. Wow! And as you can see it only gets bigger and BIGGER….
Portfolio of $100,000
5YR
10YR
20YR
Target Date Portfolio
$122,958
$151,186
$228,571
New Portfolio
$145,780
$212,518
$451,640
Difference
$22,822
$61,332
$223,0069
Those numbers don’t really reflect what happens in a 401k. If you have a 401k, then most likely you’re adding to it on per paycheck basis.
Using the same returns, I wanted to demonstrate if you were adding $5,000 per year into it. As you can see the 20 year number is a $295,000 difference. Okay, that deserves a special call out……
The 20 year difference is $295,000! Wowzers.
Still think you’re target date fund is good enough for your retirement?
Portfolio of $100,000 with $5,000 per yr contribution
5YR
10YR
20YR
Target Date Portfolio
$150,159
$211,832
$380,907
New Portfolio
$175,014
$284,369
$676,186
Difference
$24,855
$72,537
$295,279
Sample Client Two
You can go through the rest of the examples and see more of the same. What’s the recurring theme? You guessed it. Target date funds suck.
Portfolio
10Yr Return
Adjusted for Inflation Assumed(3.4%)
10Yr Beta
Target Date Portfolio
7.00%
3.48%
.69
New Portfolio
9.80%
6.19%
.72
Difference
+2.80%
+2.71%
+.03
Portfolio
10Yr Standard Deviation
10Yr Alpha
Target Date Portfolio
11.71
4.04
New Portfolio
12.57
6.66
Difference
+.86
+2.62
Portfolio of $100,000
5YR
10YR
20YR
Target Date Portfolio
$140,255
$196,715
$386,968
New Portfolio
$159,592
$254,697
$648,704
Difference
$19,337
$57,982
$261,736
Portfolio of $100,000 with $5,000 per yr contribution
5YR
10YR
20YR
Target Date Portfolio
$169,009
$265,797
$591,945
New Portfolio
$189,996
$333,624
$928,656
Difference
$20,978
$67,827
$336,711
Sample Client Three
Different Client. Different 401k. Different target date mutual funds. Same sucky results….
Portfolio
10Yr Return
Adjusted for Inflation Assumed(3.4%)
10Yr Beta
Target Date Portfolio
5.55%
2.08%
.98
New Portfolio
7.78%
4.26%
.89
Difference
+2.23%
+2.18%
-.09
Portfolio
10Yr Standard Deviation
10Yr Alpha
Target Date Portfolio
15.96
2.59
New Portfolio
14.80
4.72
Difference
-1.16
+2.13
Portfolio of $100,000
5YR
10YR
20YR
Target Date Portfolio
$131,006
$171,626
$294,554
New Portfolio
$145,442
$211,535
$447,470
Difference
$14,436
$39,909
$152,916
Portfolio of $100,000 with $5,000 per yr contribution
5YR
10YR
20YR
Target Date Portfolio
$158,939
$236,153
$469,828
New Portfolio
$174,647
$283,215
$670,779
Difference
$15,708
$47,062
$200,951
Managing Your Own 401k
Now, I understand that most people don’t know what the heck they’re looking at in their 401k, so it’s hard for them to do their own research, but that’s where a financial planner comes into play.
Find an advisor that knows that they’re doing and have them construct you an optimized 401k portfolio. Even if you have to pay that person $1000 to help with your 401k, that $1000 is nothing, especially when you look at the numbers above.
401k Review Service
Since I realize people need help with their 401k, it only made sense to include that as a part of my practice. Don’t worry, it’s not $1000. 🙂 If you need help with your 401k, check out my 401k review service.
Need help with your 401k?
If you’re struggling to make sense with your 401k, stop going at it alone. Read more about my 401k review service to get your retirement on track. Click here to learn more.
Save more, spend smarter, and make your money go further
Being a personal finance writer, I thought a lot about how my husband and I (who I married just a few short weeks ago) would merge our finances. Despite writing about finance daily over the last seven years, it may shock some that even after living together for a year and a half pre-marriage, we waited until we were legally husband and wife to merge any element of our finances.
But that’s not to say we didn’t discuss money along the way. In fact, having open and honest discussions pre-marriage has helped us sail smoothly into our first year of married life, although getting there wasn’t without its trials.
#RealMoneyTalk When You’re Dating
As privy as I am to the most intimate details of people’s finances, getting to the point where I felt comfortable talking about my own took longer than I thought. I’d never been at the point in the relationship with anyone else prior to meeting my husband.
I always admire couples who know they’re getting serious and decide to just lay it all out there. My friend and fellow blogger and author Erin Lowry famously calls this “getting financially naked.”
But for me and my now-husband, our overall approach to money talk was like peeling back the layers of the onion. Slowly, as we became more comfortable, we began to let one another “in” to our respective money situations a little bit more, and perhaps now I prefer this approach.
Here are the most common money conversations couples have when they’ dating:
As the relationship progresses, eventually you’ll discuss more serious conversations like moving in together, and how much you can afford jointly and how you’ll split the bills. You’ll have to discuss credit scores (if you apply jointly for a loan) and how you’ll split payment for items like furniture or a new television.
#RealMoneyTalk in Marriage
The #RealMoneyTalk you and any new partner you’re dating might be initially uncomfortable, largely because everything is so fresh and you’re still getting to know one another. But it can be awkward still once you’re married and the “real money talk” becomes “actual money practices.”
Here’s what my husband and I have covered so far in the short time we’ve been married:
Our savings goal and how we’ll get there together
How we’ll spend for our fixed expenses and utilities
How we’ll handle our personal spending (video games for him, Sephora runs for me)
Saving for retirement
But it hasn’t been a breeze.
For example, my husband and I applied for a mortgage and for the first time he found out my actual credit score (it’s 720) but his was over 800 and my score cost us a lower interest rate. He teased me about it, but I still remember feeling slightly anxious and embarrassed. Revealing details about your personal money situation is no joke, even if you’re willing and prepared.
I also remember those first feelings of indignation when my partner would see packages from Sephora arrive and comment on their frequency or remind me to pay the water bill.
We were both older when we met: both in our 30’s, we both owned homes, had both (unsuccessfully) lived with other partners, both paid off significant amounts of debt (him his law school student loans, me and my credit card debt.) The slow pace of our financial merger was due, in part, because we’d both been managing our finances completely on our own for over ten years and were comfortable and strongly preferred doing things a certain way.
We’d cleared the hard money convos, but we were both set in our own financial patterns and habits. In the end, it took us coming to the table with our feelings around money, instead of actual numbers that helped us get on the same page and start fresh managing money as a team. It’s different than how others would do it, but it’s how we’ve done it and it works for us – which is the most important goal.
Perhaps, I’m so enamored with how couples manage money because, quite frankly, I’ve never met two couples who managed it in exactly the same way. There’s the couple where one partner is the only earner, and the other stays at home yet completely controls the bank account. I met a couple who even after having several children still split everything 50/50 (“Do you Venmo one another for diapers?” I asked, “Yes.” She replied.) I even met a couple who has just one joint bank account and both agreed they’d never spent a day fighting about money.
Fascinating, right?
No matter how you and your partner decide to manage your finances, remember that the first step is getting the courage to have the talk.
Save more, spend smarter, and make your money go further
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A C-suite exec from one of the world’s largest gaming giants is floating his contemporary home on the market — with a $5,798,250 price tag. Or a $23k/month rent, whichever comes first.
Marcus Sanford, Deputy CFO Planning & Analytics at Activision Blizzard, arguably the biggest gaming company in the world whose annual revenue reportedly amounted to $7.53 billion in 2022 alone, has just listed his Los Angeles home, giving gaming fans everywhere a peek inside the life of a Blizzard executive.
For those less familiar with the gaming scene, Santa Monica, Calif.-based Activision Blizzard, is best known for creating some of the biggest videogame franchises out there, including World of Warcraft, StarCraft, Diablo, Overwatch, and Hearthstone (which yours truly has been playing since it first launched its beta version back in 2013).
And spearheading the efforts to deliver these immensely popular video games to fans all over the world comes with benefits, as we’re about to see.
Inside the spectacular home of an Activision Blizzard executive
CFO Marcus Sanford’s house is a custom-crafted, modern abode set in the heart of Melrose Village, the popular Los Angeles neighborhood that runs along Melrose Avenue between Fairfax Avenue and Highland Avenue.
But location is by no means the only thing that makes this property stand out.
The distinctly contemporary home has 4 bedrooms, 4 full baths and one half-bath spread across 3,813 square feet of meticulously appointed living space.
Its interiors ooze modern luxury without sacrificing on warmth, relying heavily on wood and natural elements to set the tone for each space.
Stand-out features include white oak hardwood floors, a skylight shining down upon a stunning 20-year-old ficus bonsai, and wide glass windows that embrace abundant sunshine.
The luxurious kitchen is every culinary expert’s dream, equipped with the finest appliances (Miele), as well as marble countertops, an espresso machine, two ovens, a chef’s six-burner stovetop, a wine chiller, and even a designer pantry.
It’s also set right next to the sliding glass doors that open to the outdoor spaces — making summer BBQ prep or alfresco dining a breeze.
Rounding up the long list of amenities, the Activision Blizzard CFO’s home comes with four sleek fireplaces placed throughout the public and private rooms, a wine cellar, and an additional den or media room.
SEE ALSO: Inside a rare Disney World estate with themed ‘Star Wars’, ‘Frozen’ rooms
Though it’s worth mentioning that the property also features a Tesla charger and Control 4 system that manages indoor and landscaping lighting, indoor & rooftop music, TVs, blinds and doors, intercom and gates.
Per the listing, the four ensuite bedrooms feature spacious closets and privacy, and the expansive primary suite boasts a spa-like custom bath with a soaking tub, dual waterfall shower, and double vanity.
The primary suite also opens onto a private patio with its own fireplace.
Outdoor spaces reign supreme, with an expansive rooftop deck as the crown jewel
Impressive as the home might be, it was its outdoor spaces that caught our eye.
From its verdant, atrium garden entry to its carefully manicured backyard, the property’s outdoor areas bear the signature of Sirak Studio, the lauded Los Angeles-based design studio helmed by Adam Sirak.
But the property’s standout feature is its expansive 868-square-foot rooftop deck, complete with its own kitchen, bar, and outdoor living room.
Fully finished in solid teak decking with an open-front gas fireplace, the generously sized rooftop deck includes custom teak coffee tables accented with Italian silver travertine, outdoor fabrics by Kelly Wearstler, and lounge chairs by Holly Hunt.
The house is listed with Farah Levi and Mauricio Umansky of The Agency with a $5,798,250 price tag but is also offered as a rental for $23,000/mo.
More stories like this
$36M Bel Air mansion is the epitome of modern luxury ER star Anthony Edwards lists Spanish-style vacation beach home for $6.5 millionOnce home to Stevie Wonder, this newly listed Beverly Hills compound has views for days Bacardi heiress lists rare Disney World estate with themed ‘Star Wars’, ‘Frozen’ rooms
By Peter Anderson5 Comments – The content of this website often contains affiliate links and I may be compensated if you buy through those links (at no cost to you!). Learn more about how we make money. Last edited November 18, 2021.
A week or two ago I wrote a review of Betterment.com, an investing website and online brokerage that allows people to automatically invest their money on a regular basis, and have their money be automatically and regularly re-allocated to their correct percentage of stocks and bonds. Basically, it’s an easy and simple way to invest for people who don’t want to deal with all the nitty-gritty details of investing.
I’ve been pretty impressed with the site, and with how it makes investing more accessible to regular folks who might have otherwise not had the time or inclination to invest. It’s a point-and-click solution that will take you 5-10 minutes to get up and running.
Now that they’ve announced this week that you’ll also get a signup bonus when you open your account, I think now is a good time to sign up for an account. After all, you’re already making a return before you start!
Details Of Signing Up For Betterment
Signing up for Betterment is about as simple as a process can get. I went through it a couple of weeks ago when signing up for my own account. It will take you about 5 minutes to enter all your information. You’ll need the following to get started:
Contact information, date of birth, and social security number
Employment information
Checking account information
I had opened my account and linked my checking account in less than 5 minutes, and then I just had to wait for Betterment’s trial deposits into my account, which took about 1-2 days to happen. Next I transferred my money over to my account and I was ready to invest!
Using Betterment Once You’ve Signed Up
Betterment keeps everything extremely simple when it comes to investing your money, and really you’re only going to have to make choices on a few things.
Choose how much to put into your account.
Choose your allocation of stocks vs. bonds. (They’ll help you with this if you’re not sure)
Decide if you want to do automatic investments.
Here’s a video from Betterment talking about the site, the signup process, and how their tools work.
[embedded content]
What Investments Make Up The Account?
Curious about just which investments make up your account? They divide up your holdings into a few different diversified ETFs so your money will basically track market performance.
Stock ETFs:
10% SPDR Dow Jones Industrial Average ETF (DIA)
20% iShares S&P 500 Value Index ETF (IVE)
20% iShares S&P 1000 Value Index ETF (IWD)
15% iShares Russell 2000 Value Index ETF (IWN)
15% iShares Russell Midcap Value Index ETF (IWS)
20% Vanguard Total Stock Market ETF (VTI)
Treasury Bonds:
50% iShares Barclays 1-3 Year Treasury Bond Fund (SHY)
50% iShares Barclays TIPS Bond Fund (TIP).
So there is your diversified portfolio! Piece of cake!
Track Your Betterment Account In Mint.com
If you’re a fan and user of Mint.com personal finance manager like I am, once you’re signed up for your Betterment account you can also track your portfolio’s performance in your Mint.com account. To add your new account just log in, and click on the “add account” link in the left sidebar. On the page that comes up search for Betterment when it asks for your bank name. It will bring up the login screen where you’ll just put in your login info for betterment. Your account will then be added to the “Investments” section of your accounts.
If you’ve set up automatic investments already with Betterment, you can now just track your performance in Mint without having to regularly log in to Betterment. It will show you historical performance charts, allocations, and lots more. Talk about easy.
Sign Up Now To Get Your Account Fee Free For A Limited Time!
I’ve been using Betterment for a couple of weeks now, and I’m really enjoying using the site because it just makes everything so easy. Add money, allocate, invest. That’s how simple investing should be!
Since they now have a limited-time account bonus that will give you your account fee-free for a time, you’ll be ahead of the game right out of the gate. There’s no reason not to invest, especially if you were thinking about jumping in anyway! Sign up through the link below.
Signup Bonus When You Open A Betterment account. Click here.
Now that Tarek and Heather El Moussa have joined forces in holy matrimony and in the business of flipping homes and in starring on their own show, “The Flipping El Moussas,” we figured it was only a matter of time before they took the next step that all reality star couples take.
Can you guess? They’ve embarked on selling their own line of home decor.
Pretty much all big-name reality TV stars hawk their own products, of course. Chip and JoannaGaines peddle home accessories galore at Magnolia and Target. Property brothers Drew and Jonathan Scott launched a furniture line at Living Spaces. Dave and Jenny Marrs of “Fixer to Fabulous” have a slew of outdoor wares at Walmart. Even Tarek’s ex-wife, Christina Hall, has her own bracelet line. In short, the list of celebrity-endorsed products is nearly endless.
So it stands to reason that the El Moussas would also enter into the fray. Yet while I was excited to check out their offerings, I have to admit I was somewhat underwhelmed.
Is Tarek and Heather El Moussa’s home decor line a flop?
Home by Tarek & Heather currently offers only four products: two candles priced at $38, one candle priced at a jaw-dropping $249, and a dispenser of hand soap for $16.
All “smell lovely,” says Heather in a promotional video.
Apparently, these four products are just the start, with more to come—at least according to the second episode of their show, when Tarek and Heather were celebrating the arrival of some samples. They are not only sniffing candle scents, but also plumping pillows and nuzzling what looked like whisper-soft throws.
Tarek describes their new line: “In all of our flips, we’re going to put in candles, we’re going to do floor mats, rugs, maybe blankets, like homey stuff. Like comfy rugs and pillows.”
“So when people walk in, they know it’s a home by Heather and Tarek—er, Tarek and Heather. Sorry,” Heather says with a laugh.
I’m sure I wasn’t the only one who immediately wanted one of those throws. Given my anticipation, I was sorely disappointed to scour their website with nary a throw in sight—just four freaking products, one of them a $249 candle.
Could they have been overly eager to get to market, or just painfully naive about marketing home products? Tarek is known for selling homes, but selling home decor is a whole different game.
To find out what they might have been thinking, I reached out to consummate branding and marketing expert Klint Briney, founder and CEO of BRANDed Management. His company has worked with celebs, including Ed Sheeran, LeAnn Rimes, Mariah Carey, and Mark Cuban among others.
I asked him why the El Moussas launched so few products right out of the gate—shouldn’t they have waited until they had more to offer? Briney thinks not.
“By entering the saturated market of celebrity brands and home goods, a more risk-averse approach would be to initiate a small launch to test the market,” Briney says.
In other words, less is initially more when it comes to these lines.
“They chose two hero products that are both gender-neutral, accessibly-priced, and shelf-stable,” Briney continues. “In a time when most Americans struggle with decision fatigue, fewer offerings can often initiate higher conversion rates, as they are not bombarding the consumer with too many choices.”
I heard that. When I do a search on Amazon for one specific product and get 20 pages of results, I am usually overwhelmed by the choices and hold off on my purchase.
Tarek and Heather’s products haven’t been picked up yet by big-box stores like Target and Walmart, where their contemporaries have a presence? Is that a bad sign?
Not really, according to Briney.
“It appears they are taking a more targeted and narrow approach upon launch, as it is critical for them to ‘win their own backyard’ before employing a more large-scale, blanketed rollout,” Briney continues. “Their items are strategically branded Newport Beach and Los Angeles, the two markets they work and reside in. This sort of data is great presentation material when meeting with mainstream retailers, which often leads to better terms.”
In other words, you start out small and targeted, prove your work in a niche area, then your business offers a lot more value to a big-box store.
“They can learn a lot by the recent acquisition of Aussie brand Aesop,” Briney adds. This producer of skin, hair, and body care products was recently “acquired by Loreal for $2.5 billion, the largest in company history.”
If they’re lucky, Tarek and Heather, after starting with a few candles and some hand soap, could end up with a billion-dollar deal with a major international corporation.
“In an era of cancel culture and the fast rise and fall of most celebrity careers, the fact that Tarek has had a show in production over 10 years, along with reinventing himself after a high-profile divorce, shows his marketplace viability,” Briney concludes.
Forget the throws. Maybe instead I should buy stock in the El Moussa company.
Content marketing is a strategy that focuses on the creation and sharing of blogs, newsletters, videos, podcasts and other content that is useful to a business’s target audience. Business websites, social media platforms and email are often used to share this content, either directly or through embedded links.
When done correctly, content marketing can drive results that will ultimately boost a business’s sales and revenue. Here’s what you need to know when creating your content marketing strategy and how it fits into your business’s larger marketing goals.
What is content marketing?
Content marketing is a type of online marketing that uses written text along with video and audio media to capture the interest of a target audience. To do this, the content needs to be relevant and also offer something of value to readers, viewers and listeners. Content marketing can help a business develop and support its brand, demonstrate its expertise in the industry and keep its name in front of potential customers.
Benefits of content marketing
A business may want to consider including content marketing in its overall marketing strategy as a way to help:
Increase brand awareness.
Improve rank on search engine results pages.
Drive more visitors to its website.
Build stronger customer loyalty.
Add contacts to its database.
Generate new sales leads.
Increase sales and revenue, indirectly.
Types of content marketing
Written, visual and audio materials are all generally used in a business’s marketing efforts. What makes the materials used in content marketing different from other forms of marketing is that they don’t directly promote products or services, but instead focus on providing something useful to the target audience.
Blog articles
Articles are a staple of many content marketing plans. In addition to being available on a business’s website, articles can be highlighted and shared through social media posts and emails. Choosing topics that relate to your business can help to highlight your expertise in the industry, improve rank in search engine results and differentiate you from the competition.
Newsletters
Newsletters are a strong digital marketing method that’s often coordinated with email marketing. Email campaigns can be developed with the sole purpose of sharing a business’s newsletters. Social media platforms are popular ways to highlight your newsletter and share links to it. Newsletters can also be used to grow your contact database through sign-up forms offered on your website.
Social media posts
Posts on social media platforms can be used to highlight your industry expertise through relevant quotes and thoughtful comments and observations. Sharing behind-the-scenes photos of your business and employees can help demonstrate your culture and give your audience a better understanding of your unique business. Posts can also be a way to share links to new blogs, newsletters, videos and other types of content marketing.
Videos
Content marketing videos can be created to demonstrate products, provide step-by-step instructions and offer expert interviews, among other things. They can be as short as 15 to 30 seconds or run for a number of minutes. Checking a platform’s recommendations can help you choose an appropriate length. In addition to being posted on video-sharing sites, videos can be shared through other social media posts, email, newsletters and on your website.
Email
Emails can provide relevant industry news and other information that would be of interest to your target audience — in addition to introducing and providing links to other content such as newsletters, videos, surveys and e-books. When using email for content marketing, common call-to-actions such as “buy now”, “purchase here” and “order now” will typically be replaced with text such as “learn more,” “share” and “join.”
Infographics and other types of written content
Infographics, a visual representation of information and data, can grab your audience’s attention and are easy to share. Surveys, quizzes, checklists, games, calculators and tools are just some of the other types of written materials that can be created to share in content marketing — as long as they have value to your target audience and relate to your business.
White papers, e-books and presentations
White papers, e-books and presentations offer more in-depth content that can help establish the industry expertise of your business. They are often used to educate the audience on a particular topic and may be especially appealing to your ideal customer. It’s common to offer these materials free in exchange for the readers’ contact information. They can be shared through social media posts, emails and your website.
Podcasts
Podcasts, another type of content that can be used to demonstrate your expertise, can also help build brand loyalty, increase traffic to your website and add contacts to your database. Picking important topics that offer a learning experience for your audience can help establish you as a thought leader. Good audio quality is important when using this type of content, and your podcasting schedule can be shared through social media, email and other channels.
Webinars
Webinars can be used in ways similar to podcasts such as to raise brand awareness and generate leads for your business. However, live webinars can also provide an opportunity for you to engage directly with attendees. Again, select an interesting topic for your webinar that will offer a learning experience for your audience. Live webinars can be recorded, then shared through email, social posts and on your website.
Content marketing strategy
Focusing on the following elements can help you develop a content marketing strategy that prioritizes the needs of your audience but still falls within your marketing budget.
Goals: Keep them realistic
The primary purpose of content marketing is to attract and engage your target audience. Increased brand awareness and stronger customer loyalty are some benefits of content marketing, but they are also difficult to measure and take time to fully develop. Keep this in mind when setting goals. For example, a goal to have three videos “go viral” to build brand awareness would be difficult to measure and generally unrealistic for a business that doesn’t have a large social media presence. A more realistic and measurable goal might be to increase traffic to your website by a set percentage.
Budget: Factor in all the costs
Some types of content are more expensive to use than others once you factor in all the costs associated with creating, sharing and managing it. For example, committing to the creation of a weekly podcast and outsourcing the production would likely be quite expensive. In contrast, if you already have a writer on staff and an email marketing platform to engage your audience, creating a blog article can be a relatively inexpensive way to increase your outreach.
Audience: Review your target audience
Review the characteristics of your target audience and use the information to guide the types of content you want to create and your selection of channels for sharing. When your customers are primarily other business owners, for example, you might use email to share links to webinars, white papers and presentations. Or, if your target audience is predominantly young, then you may want to share links to infographics, surveys and quizzes through social media posts.
Content: Focus on quality
Engaging content is important to a successful marketing strategy. Prioritizing quality over quantity can lead to better results. Keep this in mind when determining what to create and how frequently. Marketing software with features such as artificial intelligence writing assistants, prebuilt templates and digital design tools can help you create content. If you choose to use these tools, include the additional cost in your budget.
Tracking: Identify key metrics
Some of your goals may not be tied to metrics, but you do want to track the success of your efforts where possible. Increased website traffic, higher search rankings for keywords associated with your business and a growing contact database can confirm the effectiveness of your efforts.
Google Analytics, social media platform tools and other marketing tools can help you track key metrics and identify successes that you may want to replicate in the future. For example, if an infographic shared on social media received a high number of likes, then creating additional infographics might also be well received.
Tips when creating content
Here are some tips that can be helpful when creating content for your marketing efforts.
Stay true to your brand
Your brand is composed of a number of elements, and the content you create should reflect those elements. Following your brand guidelines as far as colors, fonts, imagery and logos helps in building and maintaining a brand. Your brand voice, the language and personality used in communications, also needs to be clear and consistent in content and other marketing assets.
Keep it relevant, useful and authentic
Content that has value to your target audience is vital to successful content marketing efforts. Selecting topics that are relevant to your target audience gives you the opportunity to provide information they can use. Because content marketing is about building a relationship with your audience, steer clear of content that directly promotes sales, doesn’t deliver on its promise and isn’t helpful to your audience.
Customize your content for each channel
Sharing similar content on all your social media platforms, or crossposting, can save time and help you streamline your efforts. However, making a few edits to customize the content for each channel can help keep your audience engaged. Also, make sure the post is also appropriate for the channel. For example, a post for LinkedIn may not work well on Instagram.
Fully utilize content
Crossposting is not the only way to maximize the use of content you’ve created. Direct quotes from a blog article can be included in the email and social media posts used to share it. Blog articles could be created to summarize the information in white papers and podcasts. And inspiration can be drawn from webinars and other presentations to create related infographics, quizzes and tools.
Save more, spend smarter, and make your money go further
If you dream of having a baller bank account and the freedom to kick back without a financial worry in the world, it’s possible to hack your spending habits until you’re sitting on a comfy cushion of cash. And since studies show most of us can adopt new, long-lasting behaviors after just three weeks, you could be well on your way to a richer life by the end of the month.
Let go of any worries about your bank account balance, and start living your best life today. We challenge you to take the next 21 days to establish new spending habits! Which of these money-saving ideas will YOU commit to?
WEEK 1 – Establish a Baseline
Start the 21-Day Challenge by figuring out where you stand financially and which expenses you can temporarily trim without shocking your system.
Identify what’s dragging you down
Take a good look at last month’s expenses to get an idea of how much you spent and what you bought. Budgeting apps like Mint can help you by importing and categorizing your electronic transactions in minutes, making it easy to spot areas where you’re overspending.
Identify Unnecessary Expenses: Keep an eye out for businesses you regularly spend small sums of money with and put them on a blacklist. Keep that list on your phone or in your wallet.
Don’t Tempt Fate: Avoid temptation by not carrying cash or taking a different route to work.
Buy needs, not wants
It’s no secret that the best way to save money is to cut out impulse shopping, and only buy absolute necessities.
Feast Affordably: Go food shopping once a week and stick to the list you brought with you. Eat breakfast at home, pack your lunch for work and prepare dinner in your own oven.
Pass on Premium Products: From clothing to electronics to the type of gas you put in your tank, skip the top-shelf items in favor of their more-affordable alternatives.
Use what you’ve got
Another great way to cut expenses is to be resourceful about what you’ve got lying around the house. You don’t need to start making your own soap like you’re the newest member of Fight Club, but you’ve likely got some stuff you could be putting to good use.
Expand Your Recipe Repertoire: Make homemade meals using sites like MyFridgeFood.com that let you to plug in the ingredients you have before telling you what recipes you’re equipped to cook.
Pay in Other Ways: Don’t eat out anywhere without a coupon or gift card.
Enjoy Entertainment You Own: Skip the theater this week and dust off an old DVD instead. Or start reading a new book if it’s been a while since you cracked one open.
WEEK 2 – Cut Off Some Companies
Making a few quick phone calls during the second week of this 21-Day Challenge might save hundreds on recurring expenses, and save you a mountain of money over the years.
Explore your options
Odds are that a talking gecko and an aproned brunette have been jockeying for your insurance dollars for quite some time. Maybe one of them can save you some scratch?
Inquire about Insurance: Collect quotes from competing insurance companies to see if another company offers you a better deal.
Channel Your Inner De Niro: Test your acting skills by threatening to cancel your cable or cell service because your bill’s too high. Most companies will cut you a deal before letting you leave.
Chat up Creditors: Got credit card debt? Call up your card issuer and ask for a reduced rate, or transfer your balance if it means long-term savings.
Break up with brands
Why buy the paper towels with the highest thread count or use the same sandwich bags as the Kardashians, when brand XYZ does the same job? Choosing store-brand products is an effective cost-cutting method that can save you a bundle at checkout.
Focus on Price, Not Packaging: From paper towels and cleaning supplies to painkillers, opt for more affordable off-brand products on your next trip to the store.
Ditch some subscriptions
Now that you’ve watched Beyoncé’s Lemonade, do you still need that subscription to Tidal? Canceling your underused memberships could supercharge your savings.
List Your Memberships: Make a list of any subscriptions or memberships that renew on a monthly or annual basis. Only keep the ones you can’t live without.
Flex for Free: Instead of renewing your gym membership, exercise outdoors, or take advantage of free or donation-based classes offered by many yoga studios and gyms.
Opt Out of Annual Fees: If you have a lengthy credit history and not a lot of debt, consider canceling any credit cards with an obligatory annual fee.
WEEK 3 – Hone New Habits
The home stretch of our 21-Day Challenge is all about the little things. Making small, subtle changes in your daily life and routine can lead to big savings over time.
Slay some vampires
Cut your electricity bill by unplugging “vampire appliances” that suck up power even when they’re not being used.
Stop Paying for “Standby”: If you only use your printer, stereo, or video game console a few times a week, don’t leave those bad boys plugged in day and night. The same goes for any appliance with a digital clock or standby mode.
Unplug Your Internet: No one at home surfing the web while you’re at work? Wireless routers rack up kilowatt hours faster than just about any other appliance. Turn off or unplug your modem and router before leaving home and you could save a chunk of change.
Adjust Your Temps: Turn off your heater’s pilot light during warmer months, and learn to use your thermostat’s built-in timer to reduce your bill. Raising your refrigerator temp a few degrees can also make a measureable difference in your electricity usage.
Go swapping, not shopping
Itching for something new in your life? Instead of whipping out your wallet, tap into your network of friends, family and coworkers to find a slew of items you can breathe new life into.
Exchange Entertainment: See if any of your friends are open to trading books, DVDs or video games.
Purge, Not Splurge: Take items you haven’t worn in a year to a thrift store or consignment shop, some of which offer store credit for something new to you.
Trade Your Threads: Rather than hitting up the mall, organize a clothing swap to trade outfits and accessories with your friends.
Financial freedom starts today
Start Mint’s 21-Day Challenge today and see how much of a difference you can make on your bank account’s bottom line. Tweet or comment about your cost-reduction strategies this month, and stay tuned for our recap.
Save more, spend smarter, and make your money go further
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Yep, you are reading this because you need an extra $300 ASAP.
In this post, you will learn the exact ways I have made 300 dollars fast or other methods that I truly know that work. Around here at Money Bliss, we research everything! That way we know you can put in the hustle and make it happen, too!
But with so many ways of making money on the internet these days, which one is best for your situation?
Hey, do you ever wonder how some people seem to make money the way they do?
It’s not by getting lucky–you’ve got to be smart about it.
I’ve looked at different options and ranked them from my favorite method all the way down to what I think is least desirable in terms of time investment and return.
Let’s get started…
How can I make $300 right now?
There are multiple ways to make $300 in a day.
You have to decide what works best for you! Preferably it would be a way that you naturally find enjoyment.
Even better, if you find a way to make 300 dollars fast that you can do repeatedly – that is called passive income.
What are ways to make money fast?
With so many ways to make money, sometimes figuring out what you should do can be a little overwhelming.
There are plenty of ways to make money fast.
You have to decide what you want to do.
35 Specific Ways on How to Make 300 Dollars Fast
Let us break it down for you with some of the most common and well-known methods of earning money.
For each way to earn 300 dollars in 24 hours, we will provide tips on how you could go about doing it.
1. Get a part-time job
One way is to get a part-time job.
You can look online or walk around any business for job postings.
Right now, there are SO MANY places that are DESPERATE for workers! You can easily find a part-time job making $15 an hour to $20 an hour.
2. Do a No-Spend Challenge – Budget to Find $300
A no-spend challenge is a great way to save money fast. I guarantee you can find $300 from your spending.
During a no-spend challenge, you commit to not spending any money on non-essential items for a set period of time. This can be anything from a week to a month.
There are a few different ways you can approach a no-spend challenge. One option is to cut out all non-essential spending for the duration of the challenge. This includes things like eating out, entertainment and shopping for new clothes. Another option is to allow yourself a set amount of money to spend each day during the challenge. This could be $10 per day or $50 per week.
No matter which approach you take, a no-spend challenge can help you save money fast. It’s also a great way to get creative and find new ways to have fun without spending money.
3. Open A New Bank Account & Get a Cash Bonus (Yes, get 300 dollars free)
A simple way to make money fast is by opening a new bank account. In fact, I just did this and received $300!
One way is to sign up for a new account and receive a sign-up bonus. Many banks offer these bonuses, which can range from $25 to $500, just for opening an account and meeting certain requirements. For example, you may need to deposit a certain amount of money within the first month or maintain a minimum balance.
Another way to make money fast with a new bank account is to take advantage of interest rates. Many banks offer higher interest rates for new customers, so you can earn more on your deposited funds.
Finally, some banks offer cashback or reward programs when you use your debit card or credit card for certain purchases. For example, you may get cash back when you use your debit card at grocery stores or gas stations.
4. Hop on TaskRabbit
TaskRabbit is a great way to make some quick money in one day. You can sign up to be a Tasker and choose from a variety of tasks that need to be completed in your area. Once you complete the task, you’ll get paid.
TaskRabbit is great for people who are looking for extra income and don’t mind doing odd jobs. Some of the tasks you can do on TaskRabbit include:
Cleaning
Yard work
Furniture assembly
Grocery shopping
To become a Tasker, you’ll need to create an account and fill out your profile. Once your profile is complete, you can start applying for tasks. Once you’re approved for a task, you’ll need to complete it and submit proof of completion in order to get paid.
5. Sell items you no longer need for quick cash
There are a few things you can do to make some quick cash if you find yourself in a bind and selling items that you no longer need ranks at the top.
This could include clothes, furniture, electronics, or anything else that you have around the house that you don’t need.
You can list these items for sale on websites like Craigslist, Nextdoor, or Facebook Marketplace.
6. Join an in-person or online focus group
Focus groups are a great way to make some extra money fast. You can join a face-to-face focus group or an online focus group. Online focus groups are usually conducted via Skype or a similar video conferencing platform.
In a focus group, you will be asked to provide your opinions on various topics, products, or services.
The company conducting the focus group will use your feedback to improve its offerings. Focus groups usually last for 1-2 hours, and you will be compensated for your time with cash or gift cards.
Typically, I have made $50-300 for each focus group I completed. The exact amount will depend on the company conducting the research and the topic of the focus group. Learn more.
7. Move to freelance work
The best way to make money fast is to find a need that you can fill and then fill it. For example, if you’re good at writing, you could start offering content writing services. If you’re good at design, you could start offering design services. There are always businesses and individuals who need help with things like this, so if you can provide it, you’ll be able to make money quick.
There are a few different ways to offer freelance services. You can offer your services through a freelancing platform like Fiverr, or you can reach out to businesses directly and offer your services. You can also set up a website and promote your services through that.
Of course, the amount of money you can make will vary depending on the quality of your work and the size of the projects you’re working on. But if you’re able to deliver high-quality work quickly, you should be able to make decent money doing freelance work.
Also, this is a great way to start building consistent income from work from home jobs without investment.
8. Advertise On Your Car As Easy Ways to Make Money
There are a few companies that will pay you to advertise on your car. You can usually sign up for a short-term contract and get paid per month, or sometimes per week or day.
This can be a great way to make some quick cash if you have a car that you don’t mind driving around with ads on it.
Here are a few companies that offer this service:
To sign up, you’ll need to provide some basic information about yourself and your car, and then you’ll be able to browse the available campaigns and choose the ones you want to participate in. Once you’ve been approved for a campaign, the company will send you the materials you need to apply the wrap to your car, and then you’ll be on your way!
Double bonus if you do this while driving for Uber or Lyft!
9. Become A Virtual Assistant:
There are many ways to make money fast, but becoming a virtual assistant is one of the most viable options.
Virtual assistants provide administrative, secretarial, and clerical support to clients from a home office. They can perform tasks such as scheduling appointments, handling customer inquiries, managing social media accounts, and more.
To be a successful virtual assistant, you will need to have strong organizational and time management skills. You will also need to be comfortable using computers and various software programs. Additionally, it is important to be able to communicate effectively with clients via email and phone.
If you have the necessary skills and qualifications, becoming a virtual assistant can be a great way to earn money fast. Check out this free virtual assistant training!
10. Clean Houses
Cleaning houses is a profitable business and most people charge from $35 dollars to $45 an hour, so you can quickly make $300 by cleaning houses. You could start by advertising your services on platforms like Craigslist orNextdoor.
Once you get a few clients, you could start a Facebook group or Instagram account to showcase your work and attract more customers.
You could also look into joining a local house cleaning company as an independent contractor. This would give you the benefit of having a regular income, while still being able to set your own hours and work as much or as little as you want.
10. Give Blood OR Sell Plasma:
There are a few ways to make money fast, and giving blood or plasma is one of them – especially if you live in a college town.
You can usually make around $50-75 for giving blood or plasma. Also, many centers offer first time donors a big bonus!
The process takes around an hour, and you can usually donate once a week.
11. Do Grocery Shopping With Instacart:
Instacart allows people to shop for groceries and other items from the comfort of their own homes. As a shopper, you would be able to set your own hours and work as much or as little as you want.
For someone who loves shopping, this is perfect because you are not spending your own money!
You would also be able to earn tips from satisfied customers. If you are looking for a flexible way to make money, then becoming a shopper with Instacart could be a good option for you.
12. Test Websites for UI/UX
Testing websites for UI/UX is a great way to make money fast. Here are a few things to keep in mind when testing websites:
Make sure the website is easy to navigate
Check for broken links
Test the forms and checkout process
Provide feedback on the overall design and user experience
Companies want their online experience to be great, so this is a top gig.
13. Tutor Online
There are a few different ways you can tutor online, and each has its own benefits. You can use a platform like Chegg or Wyzant to connect with students who need help in your area of expertise. If you’re more of a self-starter, you can also look for online tutoring gigs on Upwork or Fiverr.
Benefits of tutoring online include:
You can work from anywhere with an internet connection
You can set your own hours
Tutoring is a great way to make $30 an hour
If you’re looking for ways to make money fast, tutoring online is a great option. You can work from anywhere in the world, and set your own hours so that you can fit tutoring into your busy schedule. Plus, tutoring is a great way to make extra money.
14. Writing Skill? Become a Freelance Writer
Also, making money is becoming a freelance writer. There are many websites and online publications that are always looking for new content, and a freelance writer can easily provide this. In addition, a freelance writer can often command a higher rate than other types of writers because of the specialized nature of their work.
Another way to make money fast as a freelance writer is to offer services such as ghostwriting or editing. This can be especially helpful for businesses or individuals who need assistance with their writing but do not have the time or resources to do it themselves. By offering these services, you can still earn a decent living while helping others improve their own writing skills.
Check out this course on how to Earn Money while Writing.
15. Manage Social Media Accounts to Make $300 a Day
There are a few different ways you can make money by managing social media accounts. You can offer your services to businesses or individuals who need help with their social media presence. Here are a few ideas:
Offer to help businesses with their social media strategy. This can include creating and scheduling posts, engaging with followers, and monitoring analytics.
Offer to manage an individual’s personal social media accounts. This can include anything from posting updates to responding to comments and messages.
Start your own social media management company. This will require more work upfront, but you can potentially earn a lot more money in the long run.
If you’re looking to make some quick cash, managing social media accounts is a great option. With a little effort, you can easily make $300 or more per day!
16. Become An Uber Or Lyft Driver:
If you’re looking to make some quick cash, becoming an Uber or Lyft driver might be a good option. This past weekend, we met a driver who would not tell me the exact amount he makes, but it was hovering six figures.
You can work on your own schedule and earn money by picking up passengers and taking them to their destination. Plus, you can get paid even more if you’re willing to pick up additional passengers or drive during peak hours.
Key Tip… Learn the routes and areas in which you are more likely to make more money. This may mean driving outside your hometown.
17. Ask for Extra Hours
A simple way to make $300 fast is to ask for extra hours at work. If you’re able to put in the extra work, you’ll likely see a boost in your paycheck.
This can be a great way to make some quick cash if you’re in need.
Many employers will be happy to pay overtime hours or just under the requirements of a full-time position.
18. Rent Your Car
Have you ever thought about renting your car out?
You can do this by signing up with a car rental service like Turo or Getaround. Once you’re approved, you can start renting out your car for quick cash.
Typically, you can earn around $30/hour for each rental, and you can get paid weekly. This is a great way to make some extra money if you have a car that you don’t use often.
19. Rent out a spare room in your house
Renting out a room in your house is a great way to make money fast.
You can charge daily, weekly, or monthly rates, and you’ll get the money right away.
This is a great option if you have an extra room in your house that you’re not using. Just make sure to list the room on a site like Airbnb so people can find it.
20. Open a Shopify Store and Sell
Opening a Shopify store is one of the quickest and easiest ways to start making money online. Shopify is an eCommerce platform that allows you to create an online store in minutes, without any prior experience or technical knowledge.
There are a few things to keep in mind when opening a Shopify store:
Choose a niche: When choosing what products to sell, it’s important to pick a niche that you’re passionate about. This will make it easier to market your store and stand out from the competition.
Research your products: Once you’ve chosen a niche, it’s important to do your research and make sure you’re offering quality products that your customers will love.
Set up your store: The next step is to set up your Shopify store. This process is relatively simple and can be done in just a few minutes.
Start promoting your store: Once your store is up and running, you’ll need to start promoting it through social media, blogging, and other marketing channels.
Once your store is up and running, you can start selling products and making money right away.
21. Events Assistant
Thankfully, large events are making a comeback, and thus it is now one way to make money fast is to work as an events assistant.
Events assistants help with the planning and execution of events, such as weddings, corporate functions, and parties. They may be responsible for tasks such as booking venues, arranging transportation, and decorating the event space.
Working as an events assistant can be a great way to earn quick cash, as many events take place on weekends or evenings. You may earn tips in cash, too.
22. Apply For A New Credit Card & Get a Signup Bonus
Applying for a new credit card is one of the easiest ways to make money fast if you have a good credit score.
You can often get a sign-up bonus just for applying, and if you use the right card, you can earn cash back or points that can be redeemed for free travel.
Just make sure to pay off your balance in full each month so you don’t get hit with interest charges.
23. Get Paid To Walk
There are a few ways to make money by walking, including becoming a pet-sitter or dog-walker, delivering food or packages, and even participating in research studies.
Pet-sitting and dog-walking are great ways to get some exercise while making some extra cash. You can advertise your services on websites like Rover or Care.com, or even on local community Facebook groups. Once you build up a clientele, you can set your own schedule and rates.
If you don’t mind doing a little bit of extra work, you could also sign up to deliver food or packages for companies like DoorDash, Postmates, or Amazon Flex. You can typically set your own schedule and rates for these gigs.
24. Wait tables
Working as a waiter or waitress can be a great way to make some extra money fast. In fact, it is easy to net over $300 if you are personable and do your job well!
In most cases, you will be able to keep all of the tips that you earn, which can add up to a significant amount of money over time.
Additionally, many restaurants offer their employees discounts on meals, which can further increase your earnings. If you are looking for a way to make some quick cash, waiting tables may be the perfect solution for you as you can start within days.
25. Provide Yard Work Help
Another way to make money fast is by providing yard work services. This could involve mowing lawns, shoveling snow, trimming hedges, or any other type of outdoor work.
You can use online platforms such as TaskRabbit, Nextdoor or Craigslist to find clients, or you can reach out to local businesses or individuals who need help with their yards.
From personal experience, my kids have averaged over $300 a day – just for snow shoveling! Good hustle for those preteens!
This is yet another way to make some quick cash by doing odd jobs for people in your community.
26. Read Books and be Paid as a Reader
There are a few ways to make money by reading books. You can start a book blog and get paid to review books, you can work as a freelance book editor, or you can even get paid to read books!
If you want to start a book blog, you first need to find a niche. What kind of books do you want to review? Once you’ve found your niche, the next step is writing reviews. You can use sites like Amazon and Goodreads to find books to review, and then post your reviews on your blog.
If you’re interested in working as a freelance book editor, there are a few things you need to know. First, you need to have experience editing books. Second, you need to be able to showcase your work. And third, you need to be able to market yourself so that potential clients can find you.
One way that you can make money by reading books is by becoming a beta reader. Beta readers are people who read manuscripts before they’re published and provide feedback on the story and the writing. If you’re interested in becoming a beta reader, the best way to find work is by networking with authors and editors who might need your services.
27. Sell a Skill on Fiverr
There are many ways to make money fast, but one way you can monetize a skill you have is to sell it on Fiverr.
Fiverr is a marketplace where people can buy and sell services starting at $5.
If you have a particular skill or talent, you can create a gig offering that service. Once your gig is created, buyers can purchase your service and leave a review.
If you deliver quality work, you will get repeat customers and your gigs will start to rank higher in the search results. This will help you make more money faster.
28. Profit from Baked Goods & Get Rewarded
Cake pops are hot! As most professional bakeries, charge between $1-4 per cake pop, you would need to sell 75 cake pops to make your goal of $300 a day.
Same with sourdough bread! people are selling homemade sourdough bread for $5-8 per loaf. So, you need to sell around 40 loaves to hit 300 dollars fast.
Another option is to offer baking classes in your community to make extra money. This is a hot thing to do for couples and kids.
There are many delicious ways to make money fast from baking.
29. Flip Stuff Online and Be a Reseller
One way to make money fast is to resell items on eBay, Facebook Marketplace, or Craigslist.
You can find items to resell at garage sales, thrift stores, and even online. Once you have found an item to resell, list it on eBay and set a starting price. Be sure to research the item so you know how much it is worth and what similar items have sold for in the past. You can also offer to ship if you are selling a larger item.
Check out this free training from Flea Market Flipper!
30. Negotiate a Pay Rise
There are a few key things you can do to increase your chances of successfully negotiating a pay rise:
Do your research: find out what the average salary is for your role in your area, and what other people in similar roles at other companies are being paid. This will give you a good starting point for negotiations.
Build a case: put together a document or presentation detailing your successes and value to the company. This will help you make your case in a clear and concise way.
Be prepared to walk away: if the company isn’t willing to meet your demands, be prepared to walk away. This may mean looking for another job, but it’s important to stand up for yourself and not accept less than you’re worth.
This is a great way to increase your paycheck!
31. Do odd jobs for people
One way to make some quick cash is to do odd jobs for people in your neighborhood.
This could be anything from mowing lawns and shoveling snow to painting fences and washing cars. If you have a knack for handyman work, you can list your services on websites like TaskRabbit or Craigslist.
You can also sign up with a local home improvement store, such as Home Depot or Lowe’s, to find customers who need help with small projects around the house.
You can house sit for people in your community who are going out of town and need someone to watch their home while they’re gone. Check out a great place with Trusted Housesitters.
32. Start Copywriting
Copywriting is a skill that can help you make money fast. If you can write persuasively, you can earn quick cash by writing articles, sales letters, and web copy.
Here’s how to get started:
Find a need. Look for businesses that are in need of content and start pitching them your services.
Write a great proposal. Your proposal is your chance to sell your services, so make sure it’s well-written and persuasive.
Get paid! Once you’ve landed a client, get to work and start earning money fast!
Check out where to find copywriting jobs.
33. Play with Dogs with Pet-sitting Services
If you love animals, you can offer pet-sitting services to earn some extra cash.
Pet owners often need someone to watch their pets while they’re away on vacation or business trips. If you love animals, this can be a great way to earn some extra cash.
You can also dog walk or pet sit for neighbors or friends.
34. Invest in Stocks or Cryptocurrency.
If you’re willing to take on some risk, you could make money by investing in stocks or cryptocurrency. However, these investments can also lose money, so be sure to research before investing.
This is one way I consistently make an extra 300 dollars a day.
However, this is after I took an investing course and months of practice. If you are analytical and enjoy patterns, this could be for you.
35. Complete online survey and earn extra cash
This is probably my least favorite, but you can make cash fast for very simple work. The amount of money you can make depends on the amount of time you’re willing to spend, and some other factors like your demographics.
Join a paid survey panel.
These panels usually work with marketing research companies who pay panelists for their participation in online and offline surveys. To join a paid survey panel, you’ll typically have to fill out a short sign-up form and provide some basic information about yourself. Once you’re signed up, you’ll start receiving survey invitations by email.
Here are the top legit survey platforms:
How much money can you make with each method?
The goal is to make 300 dollars fast, right?
It depends on the way you want to make money and the effort you put into it.
Some like virtual assistants or active trading will take longer to build up and get your experience, but it will be more lucrative as you go. On the flip side, pet sitting or house sitting is quicker to start but could be less consistent with clientele.
What are the pros and cons of each method to make money today?
There are a few different ways to make extra money, and each has its own pros and cons. For example, you could get a part-time job, start a side hustle, or take on some freelance work.
Idea #1 – Another job or More Hours
Getting a part-time job is one of the most common ways to make extra cash. The main pro of this method is that it’s relatively easy to find a part-time gig these days. You can use sites like Indeed or Craigslist to find open positions near you.
The main con of this method is that it can take up a lot of your time, which might not be ideal if you’re already working full-time or taking care of other obligations.
Idea #2 – Start a Side Hustle
Starting a side hustle is another popular option for making extra money. The biggest pro of this method is that you can often make more money with a side hustle than you would with a part-time job.
The biggest con of this method is that it takes time and effort to get your side hustle off the ground.
Idea #3 – Freelance Work Online
Taking on some freelance work is another option for making extra cash. The main pro of this method is that you can often set your own hours and rates.
The main con of this method is that it can be tough to find consistent work.
Best Way to Earn Money Fast
Ultimately, the best way to make extra money is the method that works best for you and your situation.
If you need to make some quick cash, a part-time job might be the way to go. If you’re looking to consistently make a bit more money, starting a side hustle is best.
Top ways to make money fast online
There are many different ways you can make money online.
Some of the most common include affiliate marketing, selling your own products or services on social media platforms like Instagram and Facebook, using your blog as a source of passive income, and creating e-commerce stores.
In fact, learning how to make money online for beginners is a hot topic!
Which methods are best for making long-term income?
There are a variety of methods you can use to make 300 dollars fast. While some methods may only provide you with temporary or one-time earnings, others have the potential to provide you with more long-term income.
Some of the best methods for making long-term income include:
Finding a high-paying job: If you’re looking for more sustainable earnings, then finding a job that pays well is one of the best options. While it may take some time to land a high-paying position, once you do, you’ll be able to earn a steady income that can last for years.
Starting your own business: Another great option for earning long-term income is starting your own business. This can be a great way to earn a passive income, as well as give you the flexibility to work on your own schedule.
Investing in real estate or stock market: Another option for those looking to make long-term earnings is investing in real estate or the stock market. This can be a great way to earn passive income and build up wealth over time.
What are some tips for making money fast?
These are just a few ideas to get you started.
Remember, the key is to be creative and think outside the box. There are many opportunities out there for those who are willing to look for them. With a little effort, you can find a way to make money fast.
Do you need to know how to make 2000 fast?
Tips to Earn Real Money and Make Extra Money Fast
How can you make sure you make the most money possible?
There are a few key things to keep in mind if you want to make the most money possible:
1. Be Clear On Your Expectations
If you want to make extra money, you need to be clear on what you want. Specifically how you are looking to make and how many hours you are going to commit.
Also, you need to communicate this to others around you like friends, family, or kids.
2. Set Prices People Make in Reality
Making sure that you have a clear understanding of the services you’re offering and what the going rate is for those services is crucial.
If you don’t know how much your time and effort are worth, it’s easy to undervalue yourself and end up making less money than you could have. Likewise, if you overprice yourself, people are less likely to use your services.
3. Negotiate a Ton
Don’t be afraid to negotiate. If you feel like you’re worth more than what the other person is offering, try to negotiate for a higher price.
Don’t be afraid to negotiate when it comes to prices. If you feel like your time is worth more than what the other person is offering, try negotiating for a higher price. It never hurts to ask, and often times people are willing to pay more than they initially offered if it means getting better quality work.
4. Work Hard and Make Real Cash – Not Free Cash
Be willing to work hard. The more effort you put in, the more money you’re likely to make.
If you’re not willing to put in the extra effort, you’re not going to make as much money as you could have.
Free cash won’t just happen; that isn’t someone you strive to be. Work hard and be paid.
Start Earning 300 dollars and Make Money Quickly
There are a lot of ways to make 300 dollars fast.
You just have to be creative and resourceful.
With this guide, you now know 35 ways to make 300 dollars fast. You can start earning extra cash today by following these methods.
You can start by looking for ways to make money in your free time, at home, or online. With a little effort, you can make 300 dollars in no time. Then, on to make 500 dollars fast.
Remember to have fun while you’re earning money! Thanks for reading and good luck!
Then, your next goal will be how to turn 10k into 100k.
Know someone else that needs this, too? Then, please share!!
By Peter AndersonLeave a Comment – The content of this website often contains affiliate links and I may be compensated if you buy through those links (at no cost to you!). Learn more about how we make money. Last edited April 28, 2009.
No matter how much you want, laziness won’t help a bit, but hard work will reward you with more than enough. Proverbs 13:4
I know there are days where I just want to lay on the couch, play a video game and not do a thing. This verse tells us, however, that laziness won’t help us a bit in anything we do. Hard work will reward us, and we will be given more than enough.
Living frugally is all about a simple principle: Spending less than you earn. It may sound super easy, but putting that philosophy into practice can be a challenge.
You already know the advice about not signing up for every streaming platform under the sun and not having a fancy coffee every day. Fortunately, living a frugal life doesn’t have to feel like you must sacrifice your favorite things. By adopting some basic money-saving moves, you can stash cash without even thinking about it.
Being More Frugal in 5 Simple Steps
Here are five tips on how to be more frugal and save money — without giving up all the fun (and caffeine) in your life.
1. Reform Fixed Expenses
Regardless of what specific items might appear on a budget, they all come in two general varieties: fixed expenses vs. variable expenses.
Fixed expenses are, as the name suggests, those bills that are fixed and consistent each month, such as rent, insurance payments, and student loans. Variable expenses, on the other hand, are those whose amounts aren’t fixed… but that doesn’t mean all variable expenses are optional (or “discretionary”). For example, your electric bill probably varies from month to month, but you still know you’re going to have to pay it.
Let’s hone in on those fixed expenses first, though — because cutting down on regular, consistent costs can lead to regular, consistent savings. There are a variety of ways to do this, some more radical than others.
For example, moving to a less expensive neighborhood or splitting bills with a roommate might cut your rent in half; deciding to forgo a car can eliminate not only the car payment and insurance cost, but also variable expenses like parking, maintenance, and gas. These kinds of global lifestyle changes can take a lot of effort to set up at the start. However, the payoff is months or years of significant savings without too much ongoing effort.
💡 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.
However, there are plenty of ways to cut fixed expenses without making such seismic shifts to daily life. For instance, switching to a less expensive cell phone carrier can lower the monthly burden, as can ditching a gym membership in favor of hiking or cutting back on streaming service subscriptions. (Even those low per-month amounts can really add up when there are three or four of them!)
Recommended: Building a Line Item Budget
2. Gear Up Your Grocery Game
Groceries count as a variable expense, but they’re certainly not optional. That said, there’s an incredible margin for savings when it comes to stocking up on food each month.
So how to go about saving money on food and other grocery store items?
One easy way to start is to choose discount grocers and chains that are known for their low prices. Aldi, Trader Joe’s and WinCo, for example, all have well-founded reputations for their frugal choices, particularly when compared to upscale grocery chains like Whole Foods. Shopping at a cheaper store can take some of the footwork out of saving; you may be able to spend less on the exact same grocery list. But it’s also possible to take the project even further.
Coupon clipping might not be the most glamorous activity, but those deals can create substantial savings, particularly for practiced couponers. These days, apps like Ibotta and Checkout 51 make it easy to score savings on the items you’re already shopping for.
Additionally, aiming to make cheaper meals can stretch each grocery store dollar even further. Relying on inexpensive staples like rice, which can be dressed up and filled out in many different ways, can help keep both bellies and wallets full.
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3. Decide to Do It Yourself
Buying things is one thing. But maintaining them is a whole ‘nother can of worms — and it can be a downright expensive one. For instance, going in for an oil change vs. doing it yourself can be a pricey undertaking. And calling in a plumber when the sink or toilet is clogged can be expensive compared with going into DIY mode.
All of which is to say: honing some handiness skills could easily help save money over the course of a lifetime. And thanks to the fact that we live in the digital age, it’s relatively easy to become a Jack or Jill of all trades. YouTube is full of free video tutorials that can walk you through everything from fixing a dishwasher that won’t drain to rotating your own tires.
💡 Quick Tip: If you’re creating a budget, try the 50/30/20 budget rule. Allocate 50% of your after-tax income to the “needs” of life, like living expenses and debt. Spend 30% on wants, and then save the remaining 20% towards saving for your long-term goals.
Other high-cost services to consider DIYing: mani/pedis, facials, pet grooming, landscaping, moving, and more. Basically, anytime you could spend money on hiring a professional, think seriously about whether you actually need the help.
Recommended: Pros and Cons of Online and Mobile Banking
4. Enjoy Free Entertainment
While some events are worthy splurges — like a once-in-a-lifetime concert — it’s also important to consider all the free forms of entertainment at our fingertips. For example, your local library may offer streaming movies along with books and audiobooks (or try services connected to libraries, like Kanopy and Hoopla), and many museums offer cost-free admissions on specific days of the week or month.
Even the national parks offer free admission from time to time! Free national park entrance days vary slightly from year to year, but generally include the first day of National Park Week in mid-April and National Public Lands Day, which falls on the fourth Saturday in September, along with Veterans Day and the birthday of Martin Luther King, Jr.
5. Take Frugalism With You Wherever You Go
Speaking of national parks: Travel is another big ticket item as far as discretionary expenses are concerned. Seeing the world can be enriching — and it doesn’t have to strip away all your riches, either.
Finding ways to be a frugal traveler, such as choosing budget-friendly destinations and scoring the cheapest flights possible, can mean saving money without sacrificing this major life experience. You might even try a home swap or being a house-sitter in a foreign country to make your journey as affordable as possible.
💡 Quick Tip: When you feel the urge to buy something that isn’t in your budget, try the 30-day rule. Make a note of the item in your calendar for 30 days into the future. When the date rolls around, there’s a good chance the “gotta have it” feeling will have subsided.
What Does Frugal Mean for Your Money?
Adopting frugal habits and creating a savings plan can be ways to improve your financial health. Cutting back on day-to-day living expenses can mean more money set aside for retirement as well as major life milestones, like owning a home or having a baby.
One of the most important first steps toward frugality is getting organized, financially speaking. Having a budget and tracking your finances are valuable moves. How often to monitor your bank accounts is a personal decision, but a couple of times a week can help you see how your money is coming in and going out.
Living frugally can also mean more money goes towards realizing your long-term financial goals and building wealth. Whether that means saving for a child’s college education or for retirement, by cutting back on spending now, you can help assure a better future.
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