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The 21 Best Ways to Grow Your Bank Account This Week

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Our team of side-gig addicts and savings experts have tried literally dozens of money making (and money-saving) methods over the past 2 years.

Most of the methods you see online don’t work very well, but some are surprisingly high-paying.

Here are the money methods that have been most lucrative for us this year:

1. Get paid to fill out surveys (Earning potential: Up to $150/month)

There are companies that pay for you to give feedback. Really.

Sites like Survey Junkie are super simple. Sign up, set-up your profile with basic information about yourself, then you can start completing surveys.

In exchange for the time you spend responding to surveys, you’ll be rewarded with gift cards or cash.

2. Stop overpaying when shopping online (Savings potential: huge).

You might be surprised how often you’re overpaying on Amazon and elsewhere.

Big stores like Amazon know that no one has time to price shop through dozens of sites, so there’s often no incentive for them to offer bargain prices.

I typically hate browser extensions with a fiery passion, but if you don’t have Capital One Shopping installed yet, do yourself a favor and grab it.

When you shop online (on Amazon or elsewhere) it will:

  1. Auto-apply coupon codes for you to save you money
  2. Compare prices from other sellers to make sure you’re not missing out on a better deal

It’s saved me a ton of money more than once. Here’s a quick example:

Savings will vary, this is just an example, of course.

That same exact blender was $26 cheaper at another store (with 2 day shipping) when I shopped.

Here’s a link to install Capital One Shopping, if you’re interested.

3. Switch to a savings account that pays you 10x more interest.

If you’re like the average American, your savings account pays you virtually zero interest (typically under 0.3% a year, in my experience).

But believe it or not, plenty of banks are willing to offer you 10x that rate.

Barclays, for example, has an account that pays a whopping ~4%/year right now (with no minimums).

(E.g. if you store $100k in a 4% interest savings account today, in a year you’ll have netted $4,000 from interest alone)

If you’re interested, here are a few bank accounts with solid interest rates:

4. Stop getting overcharged for your auto insurance (Average savings: $417/year)

Believe it or not, the average American family still overspends by $417/year1 on car insurance.

Here’s how to quickly see how much you’re being overcharged (takes maybe 30 seconds):

  1. Pull up Coverage.com – it’s a free site that will compare prices for you
  2. Answer the questions on the page
  3. It’ll spit out a bunch of insurance quotes for you.

That’s literally it. You’ll likely save yourself a bunch of money.

Here’s a link to Coverage.com.

5. Get a financial advisor to help grow your money for you.

99% of people don’t have one, and it’s typically a huge mistake.

Sure, you can manage things on your own if you want to, but most people don’t have the time to actually do things right. There are huge benefits to having somebody pay attention to your money all the time.

  • People with financial advisors tend to beat the market by ~3%/year (according to a 2019 Vanguard Study). That can make a huge difference over time.
  • But more important: a good advisor will handle ALL of the annoying retirement stuff & bizarro tax implications you would have never thought of

If you don’t know a financial advisor personally, use a comparison site (like WiserAdvisor) and find somebody near you that has good reviews.

Or if you want something easier, here’s a quiz you can fill out that will find an advisor/planner based on your reqs.

6. See if this company will help pay off your credit cards.

Credit card debt is, obviously, REALLY expensive to deal with.

But this company (Fiona) might be willing to help you pay it all off.

This is the basic idea:

  • Use this page to search for a low-interest loan (make sure the loan actually works well for you, of course)
  • Take that loan, and use it to pay off your higher-interest credit card debt
  • Then slowly pay off the new loan over time

You’re effectively switching high-interest debt for lower-interest payments (but of course, do your own homework here to make sure it’s a good fit for you).

Or if you’re looking for something easier, enter your credit score into the form below, and it’ll generate a list of lenders that might work for your situation:

7. Invest your spare change

If you’re like the average American, most (or all) of your income goes directly into your checking account. And for the most part, it stays there.

The problem: when your money sits in your savings/checking account, it’s slowly depreciating, thanks to inflation. And, over the past 40 years, inflation has averaged a whopping 3.8% a year.

The solution? Invest your money. Get an app like Acorns. They round up your spare change to the nearest dollar and then auto invest it. E.g. you buy a coffee for $4.25, they’ll round the purchase up to $5 and invest the $0.75 for you.

8. Get paid to be judgy.

As a general rule I would ignore any site that says they’ll pay you to give your opinions, but there are a few that are legitimate (and pay pretty well).

I usually use Survey Junkie (link here). You basically just get paid to give your opinions on different products/services, etc. Perfect for when you’re watching TV.

Here’s the form I used to sign up.

9. Start Building Your Real Estate Empire.

It’s no secret that the ultra-wealthy LOVE investing in real estate.

But what usually stops the Average Joe from diving into real estate is the initial down payment and all the legal hoopla you have to navigate.

That’s why companies like Crowdstreet are so interesting: they allow you to effectively buy “shares” in real estate even if you aren’t a millionaire.

Browse their site here and see if there are any properties that interest you. If there are, consider becoming a partial owner.

You’ll earn passive income via rent, and they manage the property for you (so you don’t need to worry about maintenance, etc.)

Here’s their website.

10. Consider Buying Some Treasury Bills

Treasure bills (T-Bills for short) are basically a short-term US debt security which the federal government issues. T-Bills are considered a ‘lower-risk’ investment because they’re backed by the government.

The fun part: right now they’re yielding 5.4%/year (as of the time I’m writing this), and they’re exempt from state and local taxes.

You can use this website (Public) to buy them directly. It’s pretty straightforward: I bought some earlier this year and it took me maybe 5-6 minutes to go through their set-up process.

I like Public because they’ll reinvest your T-Bills once they mature (within 1 year) so you get compound yields or you can just sell your T-Bills whenever you want.

If that interests you, here’s a link to get a Treasury account with Public.

11. Start a dropshipping business

First, choose a niche that aligns with your interests and market demand. By focusing on a specific niche, you can differentiate yourself from competitors and better understand your target audience’s needs.

Next, research and connect with reliable suppliers who offer drop shipping services. Building strong relationships with suppliers is crucial for seamless order fulfillment and maintaining product quality.

Create an online store using e-commerce platforms like Shopify or WooCommerce. Customize the store’s design and branding to create a professional and trustworthy storefront that resonates with your target customers.

Implement effective marketing strategies to drive traffic to your store. Utilize social media, content marketing, and paid advertising to reach your target audience. Highlight the unique value proposition of your products and build a strong online presence to attract customers.

12. Become a transcriber

Develop the ability to accurately transcribe audio or video content by practicing active listening, improving your typing speed, and familiarizing yourself with transcription software and tools.

Once you feel confident in your skills, you can start finding transcription opportunities. Research online platforms, transcription services, and freelancing websites where clients post transcription jobs.

Starting a transcription side gig can be a fulfilling endeavor, offering flexibility, personal growth, and the potential to generate additional income. 

With dedication, attention to detail, and continuous skill development, you can establish yourself as a reliable and sought-after transcriber in various industries.

13. Start selling printables online

Consider your interests, skills, and the needs of potential customers. This will help you create unique and appealing printables that cater to specific audiences.

Utilize graphic design software or basic tools like Microsoft Word or PowerPoint to create visually engaging templates, artwork, planners, calendars, worksheets, or coloring pages. 

Next, establish an online presence to showcase and sell your printables. Set up an e-commerce store on platforms like Etsy, Shopify, or your own website. 

By focusing on quality, marketing effectively, and continuously innovating your designs, you can build a successful printable business and enjoy the rewards of a profitable and fulfilling side gig.

14. Get paid to name companies

For this side gig you’ll need to harness your creativity and linguistic skills. Start by immersing yourself in the world of branding and understanding the essence of a company’s identity. 

Research different industries and target markets to gain insights into their naming conventions and preferences.

Next, develop a systematic approach to company naming. Consider factors such as the company’s values, target audience, industry trends, and desired brand positioning.

15. Make money from someone else’s trash

Starting dumpster diving as a side hustle can be an unconventional yet potentially rewarding endeavor. First, familiarize yourself with local laws and regulations regarding waste disposal and scavenging. 

Research locations with a higher likelihood of valuable finds, such as behind retail stores, apartment complexes, or college campuses.

Equip yourself with essential tools for dumpster diving, including gloves, a headlamp or flashlight, sturdy bags, and a reacher or grabber tool.

With the right tools, mindset, and a keen eye for valuable finds, dumpster diving can be an environmentally conscious and potentially profitable endeavor.

16. Get paid to paint house numbers on curbs

Note: You’ll have to familiarize yourself with local regulations and any permits required for this type of activity. Ensure that there are no restrictions or specific guidelines in your area that would hinder curb painting services. 

Invest in the necessary materials for curb painting, including stencils, durable outdoor paint, brushes, and masking tape. Consider offering a variety of font styles and colors to cater to different customer preferences.

Create flyers or business cards and distribute them in residential areas or community bulletin boards. Utilize social media platforms, local neighborhood groups, and word-of-mouth to spread the word about your services. 

With attention to detail, quality workmanship, and effective marketing, you can establish a successful curb painting business that brings visibility, convenience, and safety to homeowners in your community.

17. Start a niche cleaning side hustle

To start a niche cleaning business, identify a specific cleaning niche that aligns with your skills and interests. 

Consider areas such as post-construction cleaning, eco-friendly cleaning, or specialized cleaning for specific industries like healthcare or hospitality. Research the demand for your chosen niche in your local area to ensure a viable market.

Niche cleaning services often have less competition compared to general cleaning services, which can provide you with a unique selling proposition and a higher chance of success. 

By targeting a specific market segment, you can differentiate yourself from competitors and build a loyal customer base.

19. Earn money creating content for others

Hone your writing skills and familiarize yourself with various types of content, such as blog posts, articles, social media posts, or copywriting. Identify your areas of expertise or interest to target specific industries or niches. 

Create a professional portfolio that showcases your writing abilities and demonstrates your versatility. Include samples of your work that highlight your unique writing style and ability to tailor content for different platforms and target audiences. 

Utilize online platforms such as LinkedIn, Medium, or personal websites to showcase your portfolio and increase your visibility.

The flexibility, creative fulfillment, income potential, and ability to make a positive impact make freelancing content creation a worthwhile and rewarding side hustle.

21. Make some side cash proofreading people’s work

To become a proofreader, it’s important to have a strong command of grammar, punctuation, spelling, and style. 

Brush up on your language skills by reading widely and staying updated with grammar and style guides. 

Build your portfolio and gain practical experience by offering your proofreading services to friends, family, or local businesses. Start with smaller projects, such as proofreading resumes, blog posts, or articles, and gradually expand your clientele.

As you gain experience and establish a reputation for delivering high-quality work, you can attract more clients and potentially increase your rates. Continuous learning and staying up-to-date with industry trends will help you grow as a proofreader and open up further opportunities in the field.

That’s all (for now).

I’ll keep adding to this article as I find new tips for you.

Thanks for reading!

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