Finance RoadMap by Jefferson

By:Jefferson G.

Table of content

  1. How to Make Money
  2. How to Be Good with Money
  3. How to Save Money
  4. 5 Ways to Get Money Without Working - wikiHow
  5. How to Get a Hard Money Loan Approval: 12 Steps (with Pictures)
  6. How to Budget Your Money
  7. 4 Ways to Save Money at a Young Age - wikiHow
  8. How to Make Money from Home
  9. How to Hide Money
  10. How to Stop Spending More Money Than You Make (with Examples)
  11. 3 Ways to Earn Money at Home (Kids and Teens) - wikiHow
  12. How to Borrow Money
  13. How to Make Money Fast
  14. How to Earn Money on YouTube: 9 Steps (with Pictures) - wikiHow
  15. 4 Ways to Make Money (for Kids) - wikiHow
  16. 4 Ways to Make Money Easily (for Kids) - wikiHow
  17. How to Make Play Money
  18. 4 Ways to Make Money when You Are Too Young to Get a Job - wikiHow
  19. How to Be Smart with Money
  20. 4 Ways to Get Money for College - wikiHow

How to Make Money

Offer dog walking or start a pet-sitting business. Caring for pets is a great way to earn extra money without spending anything while also getting some fresh air. Advertise your services online through your local classifieds or on a personal website. As another option, you can create an account with a service like Rover.[1]


Babysit for extra cash if you’re good with children. Talk to people you know to see if they may be in need of a babysitter, and post about your availability as a babysitter on social media often. Additionally, you might create an account on a site like Care.com to attract more clients.[2]
Become a tutor if you’re very knowledgeable in a subject. Check online to see how much tutors make in your area. Next, choose a subject that you know well and pick a grade level that you can easily teach. Advertise yourself as a tutor by posting flyers, posting online, and talking to people you know.[3]
Perform landscaping services. Post flyers and hand out business cards to advertise yourself as a local landscaper. Be specific about the jobs you can perform, like mowing lawns, clearing brush, and manicuring plants. If you’re good at gardening, plant flower beds and hedges.[4]
Complete errands or tasks for the elderly. Older people often need help with buying groceries, cleaning their home, performing home maintenance, and paying bills. To find clients, contact your local community center or church to find out if anyone needs help. Additionally, you might post an ad in your local classifieds or talk to people you know to find out if they know someone who needs help.[5]
Find odd jobs online for extra cash. Search sites like Craigslist, Fiverr, and Zaarly daily for gigs that you can do. For instance, you might be able to run errands for people, hand out flyers for events, clean up trash, or take care of small home maintenance projects.[6]
Make a website or start a blog. Create a website or blog that focuses on your passion, then post something new every day. Try to offer your readers something they can use so that they keep coming back. To generate revenue, post ads on your site, include paid content, or sell subscriptions that allow access to more content.[8]
Become a freelancer in an area where you have expertise. If you have a skill that’s in demand, you can sell your services directly to clients who need them. Advertise your services on a personal website and look for freelancing jobs on sites like Upwork, Freelancer, and Fivrr. Additionally, hand out business cards and encourage happy clients to tell others about your work. Here are some ways you can earn money as a freelancer:[9]
Complete online surveys for extra cash or gift cards. Online surveys don’t pay much, but they can help you earn money in your spare time. If you do a lot of surveys, you can get cash rewards. However, don’t pay to sign up with a survey company, as a legit website won’t charge you. Here are some survey sites to try:[10]
Sell items you aren’t using any more. Your old tools, clothes, DVDs, CDs, video games, records, books, and household items could be worth a few bucks to someone else. Host a yard sale, take your items to a local resale shop, or post the items for sale online.[11]
Flip clothes and accessories from thrift stores or yard sales in online auctions. Look for clothes and accessories that are in good condition, especially items from popular brands. Post your items for sale online through sites like Ebay, Etsy, and Depop. Price them so that you’ll make a profit, even after you pay for shipping.[12]
Hunt for under-priced used books that you can sell online. Download an app that reads ISBN numbers so you can scan the barcodes on books. This will pull up the book’s current price on Amazon so you can see if it’s worth trying to resell it. Then, visit used book stores, thrift stores, and garage sales to look for high value books. Post the books for sale online using sites like Amazon or Ebay.[13]
Try flipping houses if you have experience with making home repairs. As you may know from watching popular home improvement shows, flipping homes involves buying up a lower valued property that needs work, and then fixing it up for resell. To get started, you’ll need to have financing either through a bank a partner. Then, you can buy a property that’s priced below market value. After you renovate the property, you may be able to sell it for a profit.[14]
Sell handmade crafts or jewelry through an online shop or at local events. Use your crafting skills to create products that you can sell. Then, open up an online shop through a site like Etsy. To increase your sales, set up a booth at local events, festivals, and gatherings to sell your products.[15]
Become a freelance photographer and sell photos online. If you have a nice DSLR camera and take good photos, do photography sessions or take photos of events, like parties and weddings. As another option, create fine art photos that people may want to hang on their walls, or take stock photos to sell online on sites like iStock Photo, Shutterstock, or Alamy.[16]
Refinish old furniture from thrift stores, yard sales, or online ads. Sand down the furniture to smooth out the surfaces and buff off some of the old paint or stain. If you want to restain it, use a lacquer or paint thinner to remove the stain. Then, re-stain the piece. If you plan to repaint it, apply a primer and let it dry. Next, apply at least 2 coats of paint, letting each coat dry for at least 24 hours. If necessary, add new hardware to finish the piece.[17]

How to Be Good with Money

Figure out your monthly income.[1] This might be a simple or more complicated task depending on how you receive income each month. If you're on a set salary, you probably get the same amount of money every month after taxes. If you're on a freelance salary or paid hourly and don't work set hours, it may be harder to calculate your salary.
Figure out your fixed expenses from housing and debt. Fixed expenses are those bills that come due in the same amount every month like clockwork. When you build a budget, these are the first things that you have to account for, because you can't affect the amount or choose not to pay these expenses.[2]
Account for your taxes. Taxes are a huge expense, but many people fail to account for them in their budgets. You should account for state and federal income taxes, local and property taxes, and withholdings from your paycheck such as FICA and Medicare.
Record your insurance costs per month. Insurance should include any insurance payments you must make for yourself or your dependents, including health insurance, life insurance, car insurance, and homeowners or renters insurance. However, homeowners or renters insurance is generally included in housing costs, so make sure not to count it twice.
Make a list of your variable living expenses, and put them into categories. Your variable expenses are costs that come up in different amounts each month. Variable expenses can include things like food, entertainment, clothing, pet care, the beauty salon, the dry cleaners, or other places you spend your money.[3] You may also include any money you regularly put into savings or investments in this category.
Track your spending for several months. Tracking your spending will help you identify whether you are staying within these guidelines, or if you need to identify places where you can make cuts in your spending. If you spend more than your income each month, you'll go into debt. But if you can come under your budget in any area each month, you'll save money.[4]
Set a goal for an amount of money to include in your emergency fund. This will vary from person to person, but generally an emergency fund should contain at least enough to cover four months' expenses.[5] If you want to be good with money, you need to have money to cover your unexpected expenses without putting yourself into debt.[6]
Add any unused money to your emergency fund at the end of each month.[7] If you have extra money at the end of each month, you can put it into the emergency fund as savings.
Decrease your monthly expenses and put your savings into the emergency account. If you have no money left over each month, and you don't have a good way to increase your income, you will need to decrease your monthly expenses in order to fill your emergency fund. This can be hard, but a few months of tight living can really add up in the long run.
Increase your income and add that extra income to your savings. If you don't have any money left over at the end of each month to put into savings, you may need to increase your income in order to fill the emergency fund. This can be hard to do, but having an emergency fund is necessary to protect you and your family in an emergency.
Open a savings account specifically for your emergency fund. It's important for your emergency money to be kept separate from your normal checking account so that you are not tempted to spend it. It also helps you to be able to keep track of exactly how much money is in your emergency account at all times.
Don't use your emergency fund for non-emergencies. If you are used to living paycheck-to-paycheck and suddenly have excess money in the bank, it may feel tempting to spend it. But being good with money means knowing when to save and when to spend, and your emergency fund should be saved for true emergencies.
Evaluate your budget to see where you can cut back. In order to pay off outstanding debts, you'll need some extra cash each month so that you can pay more than the minimum payment. Once you've established an emergency fund for your family, you should put any extra money into debt repayment until you are completely out of debt.
Prioritize your most expensive debt first. You might have one credit card or student loan debt with a very high interest rate-- that makes it a more expensive debt than another loan with a lower rate, because you are forced to add additional money onto your repayment every time you pay the bill.
Get government debt assistance. Various government programs can offer you help paying off your debts. Specifically, your student debt might be consolidated or forgiven through the Obama Student Loan Forgiveness program. Under this program, your student loans may be consolidated and refinanced to make payments more affordable. In addition, your loans might be completely forgiven after a period of 20-25 years or as part of public service loan forgiveness.[15]
Stop building additional debt. While you're trying to pay off existing credit card debt, student loan debt, or any other debt you may have, you might simultaneously be using a credit card or taking out other loans. But this could just be adding more debt to your existing problem.[17]
Put any unexpected windfalls into your debt. If you happen to inherit a bit of money, receive a tax rebate, obtain a court settlement, or receive a bonus at work, remember your goal of being good with money and getting out of debt. Don't let yourself imagine ways to spend the money; instead, immediately use the money to make an additional payment on your debt.[18]
Wait until you have established an emergency fund and paid off your debts. In most cases, you want to be sure you have a nice safety net in the bank (the equivalent of a few months' salary) before you begin investing money. Similarly, you need to be sure your debts are paid off as soon as possible prior to investing any excess money you may have each month.[19]
Save up for your first investment. Most experts recommend that beginning investors start with around $1000 on a first investment. That amount will pay a nice dividend if you make a smart investment, but hopefully won't be too painful if you lose it in a bad trade. You can make investments in different amounts, but this is a good amount to start with.[20]
Start simple. You might think that you need a fancy portfolio with lots of high-risk individual stocks in order to invest. But that's not true. You can more safely invest money in mutual funds or exchange-traded funds (ETFs). These are simpler and offer less risk while you're still learning the ins and outs of investing.[22]
Expect to wait a while to earn returns on your investment. Investing is a longterm game, not a way to get rich quick. Some experts refer to a "seven year rule" that implies that you are likely to double your investment every seven years.
Use a brokerage company, but choose the right one. Some fancy full-service companies will try to get you to put your money into complicated accounts without explaining the details to you. They may be taking advantage of the fact that you're a novice investor, and these types of investments could end up costing you a lot of money.
Get enough insurance. Even if you save carefully and watch your spending, an unforeseen event like a prolonged illness or lawsuit can decimate your savings. Reduce this risks by making sure that your insurance covers you adequately. For example, make sure that your homeowners policy covers total replacement of your home and possessions in the event of loss. In addition, make sure that the liability policy attached to it covers you adequately, because you don't want to be sued over something that happened on your property. financial professionals advise $300,000 in coverage for this purpose.
Reduce your insurance premiums. You can reduce your insurance premiums by increasing your deductible (the amount you pay when you file a claim). This is true for homeowners, auto, and health insurance. This means that you'll be out for more money if you ever do need your insurance, but you'll save much more each month as a result.[27]
Drop insurance that you don't need. There are, however, some types of insurance that are basically unnecessary. Extended warranties and credit insurance on loans, for example, are typically not needed, especially if you can cover the loss or your loan payments with your monthly budget.[29]

How to Save Money

Pay yourself first. The easiest way to save money rather than spending it is to make sure that that you never get a chance to spend the money in the first place. Arranging for a portion of each paycheck to be deposited directly into a savings account or a retirement account takes the stress and tedium out of the process of deciding how much money to save and how much to keep for yourself each month — basically, you save automatically and the money you keep each month is yours to spend as you please. Over time, depositing even a small portion of each paycheck into your savings can add up (especially when you take interest into account) so start as soon as you can for maximum benefit.[1]


Avoid accumulating new debt. Some debt is essentially unavoidable. For instance, only the very rich have enough money to buy a house in one lump sum payment, yet millions of people are able to buy houses by taking out loans and slowly paying them back. However, in general, when you can avoid going into debt, do so. Paying a sum of money up-front is always cheaper in the long run than paying off an equivalent loan while interest accumulates over time.
Set reasonable savings goals. It's a lot easier to save if you know you have something to save for. Set yourself savings goals that are within your reach to motivate yourself to make the tough financial decisions needed to save responsibly. For serious goals like buying a house or retiring, your goals may take years or decades to achieve. In these cases, it's important to monitor your progress on a regular basis. Only by stepping back and taking a look at the big picture can you get a sense for how far you've come and how far you have left to go.
Establish a time-frame for your goals. Giving yourself ambitious (but reasonable) time limits for achieving your goals can be a great motivational tool. For example, let's say that you set a goal of being on your way to owning a house two years from today. In this case, you'd need to investigate the average home cost in the area you'd like to live in and start saving for the down payment on your new house (as a general rule, down payments are often required to be no less than 20% of the purchase price of the house).[4]
Keep a budget. It's easy to commit to ambitious savings goals, but if you don't have any way to keep track of your expenses, you'll find that it's difficult to achieve them. To keep your financial progress on-track, try budgeting out your income at the beginning of each month. Assigning a set portion of your income to all of your major expenses ahead of time can help ensure that you don't waste money, especially if you actually divide each paycheck according to your budget as soon as you get it.[5]
Record your expenses. Keeping a tight budget is a must for anyone looking to save money, but if you don't keep track of your expenses, you may find that it's difficult to stick to your goals. Keeping a running tally of how much you've spent on various types of expenses each month can help you identify "problem" areas and adjust your spending habits to fit your budget. However, keeping track of your expenses can require a serious attention to detail. While everyone should keep track of major expenses like housing and debt repayment, the amount of attention you devote to minor expenses generally increases with the seriousness of your financial situations.
Double check all payment amounts. Always ask for the receipt when making a purchase in-person, and always print off a copy of any online purchases that you make. Make sure that you’re not being overcharged or billed for items that you do not want; you'll be amazed how often that happens.
Start saving as early as possible. Money that's squirreled away in savings accounts usually accumulates interest at a set percentage rate. The longer your money remains in the savings account, the more interest you accumulate. Thus, it's in your advantage to start saving as soon as you possibly can. Even if you're only able to contribute a tiny amount to your savings each month when you're in your twenties, do so. Relatively small amounts of cash left in interest-yielding accounts for long periods of time can eventually accumulate to several times their initial value.[6]
Consider contributing to a retirement account. During the years when you're young, energetic, and healthy, retirement can seem so far away that it's almost not worth even thinking about. By the time you're older and begin to lose steam, it can be all that you think about. Unless you're one of the lucky few who stand to inherit serious wealth, saving for retirement is something you'll need to think about once you establish a stable career — the sooner, the better. As noted above, though almost everyone's situation is different, it's wise to plan on having about 60-85% of your yearly income available to maintain your current standard of living for each year that you are retired.
Make stock market investments cautiously. If you've been saving responsibly and have a little extra money at your disposal, investing in the stock market can be a lucrative (but risky) opportunity to make extra money. Before investing in stocks, it's important to understand that any money you invest in the stock market can potentially be lost for good, especially if you don't know what you're doing, so don't use this as a method for long-term saving. Instead, treat the stock market as a chance to essentially make educated gambles with money you can stand to lose. In general, most people don't need to invest in the stock market at all to responsibly save for retirement.[8]
Don't get discouraged. When you're having trouble saving money, it's easy to lose your nerve. Your situation may seem hopeless — it may seem almost impossible to save up the money you need to meet your long-term goals. However, no matter how little you're starting with, it's always possible to begin saving money. The sooner you start, the sooner you can be on your way to financial security.
Remove luxuries from your budget. If you're having trouble saving money, it's wise to start here. Many of the expenses that we take for granted are far from essential. Eliminating luxury expenses is a great first step to improve your financial situation because this won't impact your quality of life or your ability to perform your work significantly. While it can be difficult to imagine life without a gas-guzzling car and a cable TV subscription, you may be surprised how easy it is to live without these things once you remove them from your life. Below are just a few easy ways to reduce your luxury expenses:
Find cheaper housing. For most people, costs related to housing make up the single biggest expense in their budget. Because of this, saving money housing can free up a substantial amount of your income for other important activities, like saving for retirement. While it's not always easy to change your living situation, you'll want to seriously re-examine your housing situation if you're having a hard time balancing your budget.
Eat for cheap. Many people spend much more on food than is necessary. While it's easy to forget to be thrifty when you're biting into a gourmet meal at your favorite restaurant, food-related expenses can become quite large if allowed to get out of control. In general, buying in bulk is cheaper in the long run than buying small quantities of food — consider getting a membership at a warehouse retailer like Costco if your food expenses are high. Buying individual meals at restaurants is the most expensive option of all, so making an effort to eat in rather than eat out can also save you lots of cash.
Reduce your energy usage. Most people accept the price on their utility bill each month without question. In fact, it's possible to greatly reduce your energy usage (and thus your monthly bill) with just a few simple steps. These tricks are so easy that there's practically no reason to avoid them if you're looking to save money. Best of all, reducing the amount of energy you use also reduces the amount of pollution you indirectly produce, minimizing your impact on the global environment.
Use cheaper forms of transportation. Owning, maintaining, and running a car can eat up a large portion of your income. Depending on how much you drive, fuel can cost you hundreds of dollars per month. On top of this, your car will also cost you in licensing fees and maintenance expenses. Instead of driving, use a cheap (or free) alternative option instead. Not only will this save you money, but also potentially allow you to spend extra time exercising and cut down on the stress from your daily commute.
Have fun for cheap (or free). While reducing your personal expenses can mean cutting frivolous luxuries out of your life, you don't necessarily have to stop having fun if you're trying to save money. Changing your leisure habits and recreational activities to more affordable ones allows you to strike the perfect balance between fun and responsibility. You may be amazed at the amount of fun you can have for just a few dollars if you're resourceful!
Avoid expensive addictions. Certain bad habits can put a serious damper on your efforts to save money. In worst-case scenarios, these habits can become serious addictions that are almost impossible to defeat without help. Worse yet, many of these addictions can be extremely hazardous to your health in the long term. Save your wallet (and your body) the trouble of going through these addictions by avoiding them in the first place.
Spend money on absolute essentials first. When it comes to spending money, there are some things that you absolutely, positively cannot do without. These things (namely, food, water, housing, and clothing) are your first priority when it comes to spending your cash. Obviously, if you become homeless or suffer from starvation, it becomes very, very difficult to meet the rest of your financial goals, so you'll want to ensure that you have enough money to cover these bare minimum requirements before devoting money to anything else.
Save for an emergency fund. If you don't already have an emergency fund with enough money in it so that you can survive if you suddenly lose your income, begin contributing to one immediately. Having a reasonable amount of money stockpiled in a secure savings account gives you the freedom to comfortably sort out your affairs in the event that you lose your job. After you cover your essentials, you'll want to devote a chunk of your income to building up this savings account until you have enough saved to cover about 3-6 months of living expenses.
Pay off your debt. Left unchecked, debt can seriously derail your efforts to save money. If you're only making the minimum payments on your debt, you'll end up paying much more over the life of the loan than if you had paid it off more quickly. Save money in the long-term by devoting a good chunk of your income to debt payment so that you can pay off your debt as quickly as possible. As a general rule, paying off your highest-interest loans first is the most effective use of your money.
Put away money next. If you've established an emergency fund and paid off all (or nearly all) of your debt, you'll probably want to start putting your extra money in a savings account. The money you save this way is different from your emergency fund — whereas you'll want to avoid dipping into your emergency fund unless you absolutely have to, your normal savings are available for big, important purchases, like repairs to the car you use to drive to work. However, in general, you'll want to avoid using your savings so that, over time, your total savings grow. If you can, try to devote at least 10 -15% of your monthly income to your savings starting in your 20s — most experts agree that this is a healthy goal.[15]
Spend on smart non-essentials. If, after adding a healthy amount of your income to your savings each month, you have extra money left over, you should consider making certain non-essential investments that can improve your productivity, earning potential, and quality of life in the long run. While these types of purchases aren't essential in the way that food, water, and housing are, they are smart long-term choices that can end up saving you money over time.
Spend on luxuries last. Saving money isn't all about living hard and lean. When you've paid off your debt, established an emergency fund, and spent money on smart purchases that pay off in the long term, it's OK to spend a little money on yourself. Healthy, responsible luxury spending is one way to stay sane while working hard, so don't be afraid to celebrate getting your financial situation in order with a reasonable luxury purchase.

5 Ways to Get Money Without Working - wikiHow

Rent out a room in your house. If you have a room (or rooms) that are going unused in your house, consider furnishing them and renting them out to tenants. If you do so, be sure to abide by the laws that govern landlords in your local area with regards to rent levels, amenities, and the like. Doing this allows you to collect a sizable check every month without any work beyond preparing the room for occupancy.[1]
Make money online. There are tons of ways to make money on the internet nowadays, but most of them require at least a little bit of work. If you commit yourself to developing your brand, you might really hit it big.[2]
Earn royalties. If you're willing to do a lot of work upfront for long-term payments, you might consider applying yourself to writing a book or a song or inventing a product. Your chances of hitting it big are small, but if your creation becomes popular, you can keep earning income from your work without having to do anything else.[3]
Get paid for short-term jobs. If you don't like the idea of a regular job, but you are willing to spend a few hours a day working online or visiting different locations around town, you might be able to make a fair amount of money. Before signing up for any job, make sure you understand exactly how you will be paid.[4]
Sell stuff. If you have unused items, you can try selling them on sites like eBay, Amazon, or Craigslist. If you're crafty, you might want to consider selling your homemade items on Etsy or a similar platform.[6]
Beg or panhandle. When all else fails, you always have the option of simply asking for money. If you do this, you'll probably want to do it on a busy street or some other safe public place that receives plenty of pedestrian or car traffic. You might actually be able to make a decent living by panhandling, although it will require many hours of your time in potentially unfavorable weather conditions.[7]
Become a moneylender. If you already have some extra cash on hand, you can earn even more by lending it out and charging interest on your loans. There are many companies, the largest of which are Prosper and Lending Club, that match prospective lenders with prospective borrowers. Although the industry has been shifting away from private investors, there are still opportunities to be had.[8]
Earn interest. Instead of letting the money you have languish in a checking account (or under your mattress), put it into an interest-earning account, like a money-market account, a certificate of deposit (CD) account, or a 401k.[9] These types of accounts pay a higher rate of interest than normal savings accounts. Ask a professional at your local bank for help placing money in these types of accounts.[10]
Invest in the stock market. One way to make money without working is to play the stock market to your advantage.[11] Stock trading is by no means risk-free, but if you're smart, careful, and a little lucky, you can stand to make lots of money on the stock market. Whatever investments you choose to make, never invest any money in the stock market that you can't stand to lose.[12]
Invest in a business. Investing in a successful business is a surefire way to become wealthy, although finding such a company is more challenging. If you are lucky enough to find a business that you really believe in, make sure to do your research before investing.[14]
Flip real estate. "House flipping" refers to the process of buying cheap, run-down property, increasing its value (either by adding improvements or simply by waiting for the market to perk up), and then re-selling it for a profit. With smart choices and practical know-how with regards to home repair, you can stand to make thousands of dollars per flip, although unexpected expenses and a bad real estate market can leave you in the red.[15]
Get a payday loan. If you already have a job, but you need some extra cash before your next payday, you may benefit from a payday loan. These are short-term loans that are offered for relatively small sums of money, either online or at brick and mortar locations.[17]
Take a cash advance on your credit card. Many credit card companies will send you checks in the mail that you can write for cash or give you the option of withdrawing money from an ATM using your credit card. Like payday loans, cash advances typically come with high interest rates, which makes them a costly option.[18]
Get a bank loan. Banks and credit unions offer a wide variety of loan products. Some loans, like home equity loans, require you to offer your personal assets as collateral if you are not able to repay the loan. If you do not have a home or other assets, you may still be able to qualify for a personal loan, depending on your financial circumstances.
Borrow from friends or family. Borrowing money from people you care about can be complicated because your relationship may be at risk if you can't pay the money back. If you choose to borrow from friends or family, be sure to be honest with them about how long it will take you to pay them back.
Inherit money. If you have a wealthy, elderly relative, you may receive money when the time comes to read his or her will. Of course, if your relative regards you fondly, s/he is more likely to write you into the will, so try to stay on your elderly relatives' good sides. Hopefully, this goes without saying, as treating the elderly with love and respect solely in an attempt to get their money is obviously incredibly cruel and cynical.
Win the lottery. Lottery tickets generally cost just a few dollars and are available at most grocery and convenience stores, so this is one of the cheapest, least work-intensive ways of making money. However, you're much more likely to lose money by playing the lottery than to win a big prize.
Win a contest. Much like the lottery, a contest or sweepstakes can completely change your life overnight. Your chances for winning are not very high, but it does happen. The more contests you enter, the more likely you are to win money and other valuable prizes.[20]

How to Get a Hard Money Loan Approval: 12 Steps (with Pictures)

Research appropriate hard lenders in your area. If you are looking for a hard lender because you have been rejected by a bank, then you might be tempted to run to the first hard lender you can find to get your loan quickly. Resist this temptation and do your research first. Some hard lenders are genuinely interested in helping you finance your real estate project, but others are little more than loan sharks.[1] Ask yourself some of the following questions as you are assessing potential lenders:


Consider the pros and cons of accepting a hard money loan. Hard money loans are designed to be short-term investments, generally lasting 12 months. Will you be able to refinance this loan in that time frame?[2]
Evaluate the time frame for your loan. Hard money loans are generally granted far more quickly than bank loans. Most banks take longer due to the various requirements for information and the underwriting process, but private lenders can generally grant the loan within two weeks (if not sooner). If you need to finance a real estate project quickly, then a hard money loan can be a good option for you.
Present the potential value of the property you want to purchase. In a hard money loan, you are financed based on the collateral value of the property, not your personal credit score. That means you will need to present documents such as architectural plans for the property, detailed budgets for construction, and your contractor bid sheets for repairs and renovations.[3] Note that these can apply to commercial projects as well as home buyers.
Present a clear financial plan for your home project. Many hard money lenders will fund 60 – 70% of the after-repair-value (ARV) of the home; you will be responsible for funding the additional 30 – 40% of the additional cost. If you have this cash on hand, that will increase your chances of being approved for the loan. If you do not have the money to cover the additional 30 – 40% of the home's value, then the lender might put a lien on another property that you own.[4]
Prepare additional documentation. Although most lenders are concerned with the value of the property you want to buy, they may also ask for your personal financial information. This might include documents such as W-2s, a recent copy of your credit report, bank statements and other items in your credit history. You should be prepared to present all of this information to your lenders.
Protect yourself legally. Before you sign any paperwork from a hard money lender, review the terms of the loan with your lawyer. Private investors are subjected to very few regulations, so you should make sure your legal interests are protected.
Remain in constant contact with your lender. Hard money lenders want to see that you're interested in this loan. Return calls promptly and give them the information they need in a timely manner. Hard money lenders keep less capital on hand than banks. If you delay in getting back to a hard money lender, they may lend their assets to another borrower.
Move quickly on your investment. Often, a hard money loan is granted for a property that will not be on the market for very long. You should have all of your documentation correctly lined up so you can quickly put the loan to use. You should also give all of your team — from your construction workers to your designers — a clear time frame of when they will need to act. You will most likely need to sell the house within a year, so you will need to be efficient.
Prepare to cover closing costs or additional underwriting fees for the loan. Often, hard money loans will require you to pay these additional costs in order to move forward with the loan. You should have the money in place to finance these costs.
Secure property insurance. Many hard money lenders will require that the borrower provide property insurance to cover any damage done to the property during renovation/repair. It will generally be cheaper if you can bundle your property insurance with a company you are already using for car insurance or life insurance.[6]
Pay back the loan. Most hard money loans are designed to be paid back quickly, usually within 12 months. If you do not pay back the loan in time, then the lender might be liable to take your home as collateral. To avoid this, make sure you can easily afford the repayment schedule you stipulate in your loan agreement.

How to Budget Your Money

Create a budgeting spreadsheet.[2] You can create a simple spreadsheet using Google Sheets or Excel. Your goal is to chart all your expenses and income during the course of a year, so make a spreadsheet that shows all your information clearly, allowing you to quickly identify any areas where you can spend smarter.[3]
Find your monthly income after taxes. Your net income, or the income that is yours to spend, is your monthly income after taxes are deducted. If you are on a salary, this will be a fixed amount each month, which you can find on your paystub. If you work an hourly position, your income may vary from month to month, but you can find an average amount by looking at your last 3 to 4 paystubs.[4]
List all of your fixed expenses. Fixed expenses are the things that you pay the same price for every single month. This may include your rent, mortgage, some utilities, student loan payments, or a car payment.[5] Add a label for each expense on the column at the very left of your spreadsheet, then write down the monetary amount you spend in each box underneath its corresponding month. For example:[6]
Write down your variable expenses. Variable expenses are the ones where the monetary amounts might change from month to month. These are usually the areas that are easy to cut back on if you’re trying to save money.[7] Add these labels underneath your fixed expenses, then add them for every month that you can. For example, the month of March might say:[8]
Compare your expenses to your income. To make your monthly budget, add up the total amount of money you spend every month from fixed and variable expenses. Then, subtract that amount from your monthly income. Whatever you have left over is your disposable income, or money that you have left at the end of the month. If you don’t have any money left or the number is negative, you’re probably spending more than you make each month.[9]
Pay all of your expenses first. Before you get into saving money or putting money towards a goal, you have to make sure that you are paying all of your bills.[10] Make sure you’re allocating the bulk of your income every month toward your bills that you have to pay to keep a roof over your head and food in your mouth.[11]
Put your excess money toward a specific goal. Now that you know how much money you have left over at the end of the month, you can start putting that money toward your goals. You can put it into savings, pay off debt, or add it to a college fund for your kids. Make sure you know what you want to do with your extra money so you can make a plan.[12]
Adjust your habits if you are overspending. If you calculated how much money you have left over at the end of the month and it isn’t much, you may need to adjust your spending habits. Try spending less on optional items, like clothing, entertainment, and going out to eat.
Set short-term goals to achieve within 1 year. Now that you know how much money you receive and spend each month, you can set goals for your spending habits. Short-term goals are things that you can achieve within 12 months, and they should be specific and actionable. For example:[14]
Create long-term goals to achieve within a few years. Long-term goals are your budgeting goals that might take a little longer than 1 year to achieve. They should also be specific and actionable, and you can think further ahead into the future. For example:[15]
Write down what you spend every time you make a purchase. The best way to track how well you’re doing is to jot a note down every time you spend money. You can do this on a piece of paper, a note on your phone, or on a spreadsheet on the computer—whatever’s easiest. That way, you can see where your money is going and what you may be able to cut back on in the future.[16]
Reduce your spending by purchasing less expensive items. If you realize that you’re overspending, you may be able to make small changes to your habits that don’t affect your life much at all. For example, try buying in bulk at the grocery store instead of going for name-brand items. Or, make your coffee at home instead of buying one from a coffee shop. Small changes like this can add up over time, so keep at it![17]
Review your budget every month. Your income or expenses may change from month to month, and it’s important to keep your budget updated. Be sure to keep track of your total spending and savings, and adjust your expenses if you need to.[18]
Use a budgeting tool to make your budget easier.[19] Spreadsheets are great, but it can be tough to keep track of your info all on your own. If you want to make your budget run a little smoother, try updating your information onto a budgeting website or app. That way, you’ll already have a budgeting template, and you can set reminders on the website to upload your spending habits so you don’t forget.[20]
Treat yourself periodically, but within reason. Your money has to work for you, not the other way around. You don't want to feel like a slave to your budget, or to money in general, so it's important to allow yourself a small treat every month that won't break your budget.[21]
Pay off your debt every month, if you can. If you use credit cards or have student loan debt, you should try to pay off at least the minimum amount every month to avoid high interest rates. If you cannot pay off the current balances, prioritize paying them off within a reasonable time period so that you can get to zero balances.[22]
Keep money in savings for emergencies. You can never plan for emergencies, and they can destroy your budget if they catch you off guard. Try to set aside some money every month in case your car breaks down, you need medical care, or you lose your job. That way, you’ll have a cushion to help you out.[23]

4 Ways to Save Money at a Young Age - wikiHow

Get four jars. To build up your savings, it is good to have a system. You can use the four jar system to help you decide how to use any money that comes your way.[1] Ask a parent if there are four empty jars that you can use to create your savings system.


Label your jars. To use the four jar system, you will need to label each jar with a different goal: “Save,” “Spend,” “Give,” and “Grow.” You can decide how much money to allocate to each jar when you find some money. The jar labels each mean something different:[2]
Decorate your jars. To make saving money more fun, try decorating your jars with pictures that inspire you. Cut out pictures from old magazines and tape or glue them onto the jars.[3] Make sure that you ask your parents before cutting picture out of magazines to make sure it is okay.
Use these jars to decide how to use your money. Each time you get some money, you can decide how to divide your money among the four jars.[4] For example, if you get $4, then you could put $1 into each jar or you could put $2 in to the “Save” jar, $0.50 into the “Spend” jar, $0.50 into the “Give” jar, and $1 into the “Grow” jar. It is up to you!
Think about what you want to do with the money. One reason why many people don't reach their financial goals or aren't able to save money is because they don't know what they want to do with the money. Do you want to save for college? Buy your own laptop? Buy a car? Deciding what you want to do with your money is the first step on the path to saving it.[5]
Choose a savings goal. Once you know what you want to do with your savings, you can figure out how much you should be saving each week or month, depending on when your allowance, paycheck or other source of income is made available to you. Then, every time you get any money, take some out and put it in your savings.[7]

Ask your parents to help you open a savings account. Getting a savings account is a great way to keep your money save and even earn a little interest on what you save. In addition, having a bank account can encourage good savings habits.[10]
Keep track of how much is coming in. Developing and sticking to a budget is only possible if you know how much you have to work with. Figure out and keep track of how much money you have coming in from different sources (e.g., allowances, gifts, earnings, babysitting money, etc.).
Keep a spending log. Save receipts or keep a chart of all purchases made, even food. List the date, item, and amount spent. That way, you know exactly where your money has gone.
Carry as little money around with you as possible. Don't carry much cash in your wallet and, should you have any debit or credit cards, try to avoid bringing them everywhere. This way you will not be tempted to spend money on unnecessary items or make impulsive decisions when at a store.[16]
Save before spending. Whenever you receive money, whether it be a gift or your allowance, take your savings out right away and set them aside. This will ensure that you don't spend the money you intend to save. The best part is that once you have set aside your savings, you can spend the rest! It is important to enjoy life and live a little bit after all.[17]
Spend money on the things that matter. For instance, spending money on your future is almost always wise. You should feel good about spending money when it's an investment in your future and future earning power.
Place a value on money. Yes, a dollar is a dollar, but what does that really mean? Remember that, for the most part (excepting gifts) money is what you earn for doing something. When you work, you are exchanging money for your time. You need to decide if what you want is worth the time it will take for you to earn the money to be able to buy it.
Take on odd jobs for neighbors and friends in the community. Obviously, one of key things about saving money is that you have to have money to save. Earning more gives you more chances to save more. Even though you may not be old enough to get a traditional job, there are ways that you can earn some extra money.[21]
Sell stuff. Host a neighborhood bake sale or lemonade stand in the summer. Take your used video games to a local games store, or your old but still-in-good-condition clothes to a consignment shop. If you're familiar with buying-and-selling online, consider selling old baseball cards, electronics or collectibles over various well-known sites. Hold a garage sale once or a couple of times a year.[25]
Save "unearned" money. If you get some cash on holidays or your birthday, always save at least half of that. Some families even give children savings bonds for college or money earmarked for long-term savings. Put those in the bank though, not in your piggy bank.
Save your change! Put all of your spare change from leftover lunch money or what have you into a glass jar or piggy bank and cash it in every once in a while. You will be surprised at how much you can save without even really trying very hard![26]
Negotiate with your parents. See if your parents will “match” your savings in order to encourage you to develop good saving habits. Let's say you save $40 a month and put it into a savings account. You could ask if your parents would be willing to match your savings and add $40 of their own.

How to Make Money from Home

Do tasks for websites. There are several websites, like Amazon's Mechanical Turk which will pay you a dollar or two to complete a basic, quick task. This can be a great way to make a couple of extra bucks in between homework assignments or to supplement a part-time job.[1]
Start a blog. Start a website, put ads on it, and start churning out content that will amuse people. You'll need to do some advertising and SEO (search engine optimization)[2] in order to ensure that you get enough viewers to really make some money, but running a blog is very easy to do if you're a good, entertaining writer.
Take care of people's pets. If you've got a good set-up or location, you can make some quick extra cash by walking dogs or pet-sitting. Just make sure that the owners know if you're dealing with more than one animal at a time. Some dogs don't get along well with others.
Take care of people's houses. You can also do something similar and take care of people's houses. Work part-time as a house cleaner or maid. Alternatively, some people are nervous about leaving their house alone if they go on a long vacation. Develop a good reputation with lots of references and you can get paid to live in people's houses!
Sell people's junk. Run garage sales for people (for a cut of the profit) or take free items from Craigslist, refurbish them, and then sell them. This can be a great way to make some supplemental cash. Start by working for family members and then advertise to do it for other people.
Do stock photography. Stock photography is where you take high quality photos of all sorts of basic things and sell the rights to use those images to companies and websites. There are lots of websites that will buy your stock photos; all you need is a good camera and a good eye.
Write articles. Websites like eHow and Listverse will pay you a small amount to produce content for them. If you're a fast writer and you have an idea for some content, this can be a great way to make a few extra bucks.
Become a Virtual Assistant. You can make money from home by being an assistant who works for one or more people over the internet. Your job will entail tasks that regular personal or corporate assistants do at an office. Quite a number of employers hire part time assistants to do errands such as typing documents, taking calls, and sending out marketing emails to clients. If you want to be a full time assistant, then you can take more than one client.[3]
Become a Freelance Writer. Another way to make money from home is to write online. There are a lot of work opportunities for freelance writers on the net. Many companies today rely on internet marketing and writers who can do SEO and web content for their websites. You can also blog for a living and earn from advertisers or blog for someone else and get paid a steady income each month. Online writers can also write news, e-books or act as ghost writers for their clients.
Become a Transcriptionist. There are lots of reasons that people may need documents digitally transcribed, from visually impaired people to doctors.[4] You can find a job or make one for yourself by offering transcription services to everyone from graduate students to lawyers.
Become a Graphics or Web Designer. Due to increasing needs to conduct business on the internet, the need for people who can create websites and graphics on the net also increases. This will be ideal for people with knowledge in various computer languages, graphics designing and image creating software, and programming. Stay up-to-date with the latest technology to make your talent in demand.[5]
Write academic papers. There are lots of people, from middle school students to people working on their doctorate, who have more work than they can handle. You can get paid to do it for them! Writing other people's school papers can be a great way to make money if you're a good writer and willing to learn lots of different subjects. There are many companies that provide this service for which you can work if this is what you want to do.
Become a software engineer. This is a job where you will be required to make entirely new (or fix or overhaul existing) pieces of software for companies or individuals. This requires quite a bit of skill and training, but if you're the kind of guy or gal that prefers working in your pajamas and not dealing with coworkers, it's great.
Become a money person. Financial adviser, accountant, tax assistant, you name it: people hate dealing with the boring parts of having money. If you've got a good head for numbers and you're willing to learn how to manage money effectively, starting a business or working for a company doing this kind of work can be great.
Become a translator. If you speak more than one language fluently, you're good as gold. You can easily get work translating documents, websites, books, and other written works into whatever languages you speak. This means actually being fluent in both languages though: four years of high school Spanish isn't going to work.
Become a daycare provider. If you're a stay-at-home mom, you can create an at-home job by taking on a few more kids in addition to your own. Make sure to charge enough to cover your wage plus the money it costs you to care for the children (food, toys, etc). Just keep in mind that in most jurisdictions, you will need to get a license for this.
Become a teacher. If you have the qualifications, you can work as a teacher or professor at online schools and colleges. You can also, with fewer qualifications, work as a tutor for online schools or test prep services. There are a number of schools and services online, so check out all your options before taking a job.
Identify a skill you have that could translate into a home based business. Not all jobs can be performed effectively from home so examine your strengths and experience to determine if you can make working from home effective for you and your family.
Learn how to create an organized day. Being self motivated is the key to being an effective “at home” worker. If you aren’t already an organized person you’ll have a rough road ahead. Use organizational tools and a solid day planner to keep you focused on your schedule.
Actively promote your business and seek clients. Even if you are going into your home business with a few clients, you may want to beef up your company with additional interest. In a topsy turvy economy you can never tell when one client may bail.
Make a realistic schedule that works for you. Some home-based businesses are based in the field whereas other home businesses require work output through the computer. Regardless of what kind of home based business you run, you need to understand that the days of three hour lunches on the company dime are over. You are in charge, which means you alone dictate if you are going to make money or not.

How to Hide Money

Put it in your shoe or your underwear. If you're in a sketchy area and you want to keep your cash safe in case you get mugged, the two best places are your shoe and your underwear. If you're traveling somewhere unfamiliar, this is a good idea to make sure you keep your cash safe.


Carry a fake wallet. If you're hiding money on your body, another common trick is to load up a cheap "fake" wallet and put it in a regular place. This way, if you attract the attention of a thief or pick-pocket, they're likely to come up empty-handed.
Wear pants with pocket fasteners. Some pants come with clips or ties that you can use to keep your money secure in your pockets, secured in one of the front pockets. If you're traveling, this is an excellent way to keep yourself from being robbed.
Keep your money in different places. Even with your money in an unusual place, it's not so secure if it's all in one place. If a thief finds a few bucks in your pocket, that won't be such a big deal if you've got a couple hundred split between both shoes, your bag, your undies, and sewed into the head of your hat. Keep 'em guessing.
Carry as much cash as you'll need. One of the best ways to keep yourself from getting robbed? Carry less cash on your person and you'll attract less attention. Try to only carry what you'll need for a specific outing, or event, and then leave the rest of your cash at home, or better yet, in the bank.
Guard the money you have. If you're in an unfamiliar place, try to keep the amount of money you have on you a secret. Don't show anyone the inside of your wallet or purse, and don't flash around big stacks of cash if you don't want to attract unwanted attention from thieves.
Hide it in different books. If you've got a lot of books, they're one of the easiest and best places to hide a little bit of money. Hide a few dollars at a time in a few different books on your shelf. It's uncommon for thieves to mess around with literature.
Hide it inside a toilet paper roll. Roll up a fat stack and stick it in the middle of a toilet paper roll to hide it. Robbers aren't usually in the business of messing around with the TP too much.
Hide it in boxes of food or other products. Pick something that you've had in your cabinet forever and have never eaten, and are unlikely to eat in the next ten years, and use it as a hiding place for cash. Here are some ideas:
Keep it in a fake plant or other household object. Aside from the kitchen, there are lots of other places around the house that you can hide a wad of cash from prying eyes. Try out a couple of these ideas:
Build a fake pipe or wall fixture. If you want to build your own money hiding place, head to the basement and find a good place to install an extra pipe where you don't need one, or a good place to install a couple of extra tiles loosely, that you'll be able to slot some cash behind if you need to.
Put it in the bank. The best way to keep your money safe? Put it in the bank and only take it out when you need some. Money in the bank is insured against theft and secure. You don't have to worry about losing money that's in the bank. It's always the safest idea.
Set up an irrevocable trust. If you have a lot of money that you want to guard from creditors or the federal government, setting up a trust for a loved one is a good option. Irrevocable trusts are technically the property of the person to whom you sign them over, but you may still retain the lifetime rights of use.[1] You'll essentially be able to give up your property or investment, while also being allowed to use it, while not being accountable for taxes on it.
Open an offshore bank account. Keeping money in other countries with more lenient tax codes is a notorious way of hiding funds from the government. The Cayman Islands, The Philippines, Switzerland, and the Isle of Man are all known for being tax havens for the super-rich.
Set up a homestead for an exemption. Homesteading is a principle of land ownership by appropriation. In the United States, some states have very generous homesteading laws, which keeps a property that has been in your family for a certain amount of time safe from creditors. Florida, in particular, has generous laws keeping long-term residents of homesteads safe from creditors.[4]
Keep your money in precious metals. Gold, metal, and platinum are sometimes thought to be a more secure long-term investment than keeping your money in the bank. Though they are somewhat variable in terms of their cash-value, it's usually thought that in the event of a total bank collapse, the gold-standard will be the safe way to go in the future.
Buy prepaid gift cards. If you've got a lot of cash but don't want to declare it for tax purposes, it's ok to buy prepaid gift cards and instead use those to make purchases. Gift cards are widely available for lots of purposes, and you can use them to buy gas, groceries, and more store-specific items.

How to Stop Spending More Money Than You Make (with Examples)

Understand why making a budget is important. Creating and sticking to a budget will help you to not only cut expenses and reduce debt, but it will also help you to save and build your wealth. The process of building a budget forces you to categorize your expenses into needs and wants, so you learn where you can cut expenses. Also, it helps you to evaluate what you can actually afford giving your current income and expenses. If you know exactly how much you have to spend each month and prioritize your expenses, you will be far less likely to overdraw your account. Also, you can avoid having to pay bills with credit cards, which only increases your debt.[1]
Calculate your monthly income. This can be more challenging for some people than for others. If you are paid a salary on a weekly, bi-weekly, semi-monthly or monthly basis, it is easy to figure out how much you earn in a month. However, if you are paid hourly or your salary varies seasonally, it can be more challenging to determine your average monthly income.[2]
Find out your total debt. Determine your monthly recurring debt payments. Include car loans, student loans, credit card payments and mortgages. For credit card payments, find out your minimum monthly payment. If you have stopped incurring new debt, then these monthly payment amounts are not likely to change in the short-term and you can use them as expense line items in your budget. However, if you haven’t broken your dependence on credit cards, then creating this budget will help you plan to get out of long-term debt.[3]
Determine your recurring monthly expenses. Figure out how much you pay each month for other expenses besides debt. These expenses include household expenses, such as utilities and groceries. Transportation, clothing, cell phone and cable bills may be other expenses you have. Categorize your expenses in as much detail as needed so your budget makes sense for you. For example, some people may be comfortable with one line item for utilities, while others might prefer to break this down into electric, gas and water.[4]
Evaluate the bottom line. Subtract your total debt payments and other monthly expenses from your total monthly income. If you have a positive balance at the end of the month, then that means you are spending within your means. You have an opportunity to invest some of your extra income and build your wealth. If you have a negative balance, then that means you are overspending. You need to evaluate your expenses and find ways to stop spending more than you earn.[5]
Plan necessary adjustments to spending. If you are overspending, then you need to look at your expenses and see what you can cut. This is where having gone through the exercise of categorizing your expenses will help you. It will help you to not only separate needs from wants, but also to see where most of your money is going.[6]
Track your spending. Put aside at least one hour per week to review your budget. Now that you have made the effort to create a budget, invest time each week to look at your spending and make sure you are staying on track. If you become disciplined about monitoring and sticking to your budget, it will help you to avoid overspending each month. Not only will it help you stop living from paycheck to paycheck, but it will also help you to save some money and do some long-term financial planning.[7]
Plan and cook your own meals. According to the United States Healthful Food Council (USHFC), Americans spend about half of their food budgets on take out. For some families, this means spending hundreds of dollars per month, not only on restaurant food, but also on prepared foods such as chicken fingers. If the average restaurant or take-out meal costs $13 per person,[8] and the average cost to cook a meal at home is $4 per person,[9] , then a family of four can save quite a bit of money by cooking at home just two times more per week.
Make a grocery list. If you are going to make the effort to cook your meals, write out a grocery list and take it with you when you go shopping. Prepare your grocery list based on food category, such as breads and grains, produce, meat and seafood, etc. Purchase only what you need to make the meals on your menu plan. Purchase fresh foods wherever possible. Processed or canned foods are not only less healthy, but they cost more per unit.
Control impulse buying. It’s easy to justify splurging on a cool new gadget, a stylish pair of shoes or even a tasty dessert, especially if it isn’t that expensive to begin with. However, impulse purchases add up over the course of a month. Learning to control impulse spending can help you stop spending more than you earn. You can control your impulse spending with a few practical tips.[12]
Reduce your cable bill. Get rid of premium cable channels, and opt for internet streaming services such as Hulu Plus, Netflix and Amazon Prime. The average cost of these services is $7.99 per month.[20] Even if you purchase all three streaming services and get basic cable with internet access, you can save almost 50 percent on your cable bill.
Shop around for utility providers. Don’t assume that your local power company is the only source of reliable service. The market is constantly changing, and new companies providing reliable electricity service for less may be popping up in your area. Visit the website powertochoose.org. Enter your zip code to find companies who provide electric power in your area. Compare prices and choose the best option for you.[23]
Stop paying late and overdraft fees. Late fees and overdraft fees can cost you hundreds of dollars per month. If you are routinely spending more than you earn, then chances are you are paying your bills late and are often overdrawn on your account.[25]
Understand how credit cards can get you into trouble. The ease of paying with credit cards can quickly lead to overextending yourself and getting into too much debt. If you have a habit of purchasing things with credit when you don’t have the cash to pay for them, your credit card debt will continue to grow. Soon, your monthly minimum payments may be more than you can afford.[26]
Manage your debt-to-income ratio. Your total monthly debt payments, including car payments, student loans and credit cards, should equal no more than 20 percent of your monthly income. If you are close to that limit, then hold off on new credit purchases until you can pay down some of those other loans. Failure to manage your level of debt can not only hurt your credit, but it can also hinder your ability to save for things like retirement.[27]
Figure out the total of your monthly debt payments. For example, if you pay $300 per month on your car payments, $200 per month on student loans and $200 per month on credit card balances, then our total debt payments per month equal $700.
Check your credit report regularly. You can get your credit report for free once per year from annualcreditreport.com. Your total debt and your payment history appears on your credit report. The way you manage your credit affects your credit score. Also, errors on your credit report can hurt your credit. Review your credit report often and know whether you need to work on improving your credit score and/or if you need to address errors on your credit report.[28]
Read your credit card policy agreements. Familiarize yourself with all of the fees they charge. Credit card fees include annual fees, charges for balance transfers, cash advance fees and late fees. Choose a credit card with a fee structure that matches your needs. For example, if you want to transfer balances from a high-rate card to a card with a lower rate, look for a card that doesn’t charge fees for balance transfers.[29]
Pay off your balances. Your credit card statement tells you how long it will take to pay off your credit card just by paying the minimum monthly balance. If you have a high balance, this can take many years and cost you thousands in interest expense. Make a plan to pay as much as possible towards your credit card debt. Don’t sacrifice other long-term financial goals, such as saving for retirement. But definitely pay more than the minimum balance each month. While you are paying down your balance, don’t make any purchases on your credit card.[30]

3 Ways to Earn Money at Home (Kids and Teens) - wikiHow

Do extra chores around the house. Parents always love a clean house. In addition to your weekly or monthly allowance, ask your parents if you can do extra work for even more money. Make sure to discuss the specifics, because if you don't, you might end up loosing your side of the bargain!


Write a book. Sure, this one seems a bit far-fetched, but it's doable and, in fact, it's been done before. You don't have to write a Greek classic -- you just have to write a book.
Re-sell your stuff online. If you have a keen eye for prices and things that are "hot," this may be a decent option for you. If you have anything right now that you don't use but someone else might, that's money. If you don't, get on the look out.[1]
Recycle. Alright, so maybe this one isn't the most lucrative, but it's certainly super easy. All those cans of soda you, your friends, and your family (and your neighbors!) drink are worth 5 cents a pop. 100 is an automatic 5 bucks. And all you had to do was drink soda![2]
Start baby or pet sitting. If you're of a decent, trustworthy age, you may be able to start taking care of others' children and/or pets. Babies can be hard work -- so if you don't have experience, you might wanna stick to puppies.[3]
Put the seasons to your advantage. If you live in an area where there are 4 seasons, you're in luck. Every season has something for you to make money off of -- you just have to be willing to work outside!
Join a neighborhood garage sale. You have plenty of toys sitting in the back of your closet that haven't been played with in months underneath plenty of clothes you grew out of last year. So why take up all your space? Go sell 'em!
Do errands and odd jobs for your neighbors. This is where making your presence known becomes very important. If Mr. & Mrs. Wheeler from down the street know an able-bodied youngster will happily (and for a reasonable price) take care of their lawn, wash their car, help paint their garage, or run to the pharmacy for them, they might not go calling on family members or professionals for help.[6]
Utilize your surroundings. If you're in an area that naturally produces something people might want, take advantage of it. Not everybody has the resources you do, if you look close enough.
Get a paper route. You'll have to get up very early, but it's good money and good exercise. You probably know someone who has done this before -- if you don't, you haven't asked![7]
Tutor. If you're stellar in a school subject, you may be able to tutor students who are younger than you -- at any school in the area, if you have a ride. Go online and talk to your teachers -- they may even be able to point you to a few kids who need help.[8]
Sell crafts. If you are artistically inclined, put it to good use. You'll have to either work the kid angle or be very, very good, but it is a reasonable way to make money. Pick your craft and go around your neighborhood flashing your dimples and pearly whites. Who could resist what you're selling with that face and that smile?

How to Borrow Money

Make a list of friends and family members who you think could lend you money. Think of all of the close friends and family members you have who you believe have the means to let you borrow the money you need. Think of your relationship with this person. Are you very close with each other? Have you lent them money in the past?
Be straightforward. When you meet to ask for the money, be friendly, but don’t beat around the bush. It’s a good idea to make small talk before bringing up the issue in order to avoid seeming uncaring. For example, don’t just walk in and say, “Hey, I need some money. Can you lend it to me?” Instead, ask them how they’re doing, and see what is going on in their lives before getting into the money.[1]
Be honest about why you need the money. As someone lending you their own money, they have the right to know what you need it for so don’t lie about it, even if you want the money for something that you don’t really need to have.[2]
Offer to pay interest. One great way to make your friend or family member feel more secure in lending you money is to offer to pay interest on the loan. It’s good to suggest a rate between 3% and 5% of the total loan, which will help them out because it means they will be earning more interest on the money than they would if it was sitting in a savings account. It will also help you out because it is a rate lower than what you would be paying if you borrowed money using any other method.
Consider offering up something of value as collateral. Another way to help show them that you’re serious about paying them back is to offer up something of value as collateral. This means that, if you don’t pay them back in the agreed upon time span, whatever you have offered up becomes the property of the lender.[3]
Accept their answer. Realize that this person may say, “No.” If they do say no, then accept their answer with grace and remember that they are probably not refusing because of you personally. Many people make it a rule never to lend money to friends or family members in order to avoid ruining the relationship. If they agree to lend you the money, great! However, it is important to follow a few steps before getting the cash from them in order to avoid any potential problems later on.
Create an agreement stating the terms of your loan. It may seem stupid, but it is important to put the details of your loan in writing in order to avoid any potential misunderstandings. If your friend or family member is a bit forgetful, having it all down in writing may also prevent the person lending you the money from saying that they lent you more than they actually did.[4]
Write them a thank you note. Once you have the money, write them a short note thanking them for helping you with your situation. You don’t have to go into details, but remind them that you will be paying them back as soon as possible, or at least by the agreed upon date.
Pay back the loan on time and according to the schedule. When borrowing money from friends or family it is extremely important to pay the money back on time and in full. If you don’t, you risk losing their trust and perhaps the relationship all together. If, for some reason, you are having trouble paying them back, get in touch with them right away. Don’t let the date that you promised to pay come and go without letting them know what is going on. If you are honest and straightforward about why you’re having trouble, they will be less likely to think that you are just trying to get out of paying them.
Know your credit score. Before going to a bank for a loan, find out your credit score. The reason you need to do this is because many banks will check your credit score before deciding on the terms under which they will loan money (and if they are willing to loan you money at all). Knowing ahead of time what your score is will give you an idea of what you can expect.[5]
Contact your bank or credit union. If you already have an account at a bank or credit union, you should approach this institution for your loan, especially if you have a long and good history with them, as they are more likely to approve your loan. If you don’t have an account anywhere then it may be very difficult to get a bank loan, but you can do an internet search to find out which financial institutions offer personal loans.[6]
Apply for the loan. The best way to do this is to go directly to the bank because you will be able to ask questions and clarify any information that you will provide which will determine the decision that the loan officer makes.[7]
Understand the terms of the loan. If you are accepted for the loan, make sure that you carefully read and understand the terms of the loan. Do not accept the loan if you have not done this, or if there are terms and conditions that are unclear to you. If there is anything that you don’t understand, ask a member of the bank staff to help clarify the information contained in the document.[8]
Look into your company’s policy on pay day advances. Many companies, especially larger ones, will already have policies in place that restrict when and under what conditions an employee can request an advance on their pay check. If you can’t find anything in your contract about it, don’t be afraid to approach your human resources department about the matter.[9]
Ask the right person. If you work for a very small company, you will probably need to approach your boss. However, if you work for a large company, it is probably best to go directly to human resources without bringing your boss into the mix.[10]
State why you need the money. If you work for a large company that has a standardized policy for pay day advances you may not need to explain why you need the money. However, you should be prepared for the reality that many bosses will want to know what is going on, especially if you work in a very tight-knit company.[11]
Avoid asking at busy times. You want to be able to get your boss or human resource representatives full attention so don’t approach them when they are very busy. For example, you should probably avoid Monday mornings or Friday afternoons as they are likely to be busy catching up or trying to wrap everything up before the weekend. You should also avoid times that are particularly busy for your company. For example, if you work in a restaurant, don’t try talking to them about it during the dinner time rush. Instead, ask them in the mid-afternoon, before the rush comes in.[12]
Fill out any necessary paperwork. Many companies will require you to fill out some forms related to your pay day advance. This paperwork will document the amount you took in advance, when you took it, and when the money will be taken out of your normal pay check. Don’t fight your employer on this. Remember that they are helping you out, and having documentation of the transaction protects both of you.[13]
Use your credit card to buy what you need. If you need to borrow money in order to buy something from a retail store (e.g. you want to buy your child a nice christmas present) then using your credit card is an easy way to cover the costs of an item when you don’t have the cash on hand. Though you should be aware that it will incur interest fees unless you pay the balance in full before the end of the month.[14]
Call your credit card company to learn about the consequences of credit card cash advances. As the terms and conditions of getting a cash advance can vary greatly from card to card, it is recommended that you call your credit card company before going down this road. Ask them how much money you will be allowed, what the interest rate is and when it will begin collecting interest, and also ask about whether or not there is a transaction fee associated with the advance.[15]
Get a cash advance using your credit card. In some instances, you may need cash for one reason or another, and won’t be able to pay with the card directly. For example, if you need to pay rent, many landlords are not able to, or are unwilling to, accept a credit card for payment. In this case, you will need cash. Though not every credit card offers this method of borrowing money, many do.[16]
Use your pin number to get cash at an ATM with your credit card. In most cases, this will be the easiest method to get your cash. You will need the PIN for your credit card. Then, just use the ATM in the same way that you would when using a normal ATM or debit card. Be sure to get a receipt for your transaction to keep with your records.[17]
Choose a pawn shop with a good reputation. Do an internet search to see what pawn shops exist in your area. Read reviews to learn about the experiences that others have had with certain shops. If you have time, you can also go and visit the shop to get a feel for the place. Some pawn shops will be more difficult to work with than others so it’s important to pick one that feels right for you.[18]
Choose something of value to use as collateral. Getting cash from a pawn shop can be done by bringing an item that is valuable into the shop. The item will be appraised by the worker and they will give you cash for the value of the item. They then hold onto the item until a specified date. If you haven’t paid back the money you owe by this date, then they are free to sell the item. If you do pay the money back on time, you get your stuff back.
Provide evidence of the item's value. If you have something that is really valuable, such as an antique, be sure to bring some evidence of it’s value with you. Though most pawn shop owners are quite knowledgeable about the value of different items, they don’t know everything. Providing them with evidence of the item’s value will make them more likely to give you the amount you want.[19]
Consider selling an item. If you have something of value that you don’t really need or want, then you could consider selling the item straight away. This will mean that you get the cash you need without having to worry about paying it back plus you won’t have any extra interest to worry about.
Pay back the loan on time. If you don’t pay back to loan on time, the item you put up as collateral becomes the legal property of the pawn shop and there is nothing you can do about it. You can try to talk to the owner of the pawn shop, but they are under no legal obligation to help you out.
Research different payday loan companies. There are many companies that offer payday loans. These loans are sometimes also called cash advance loans, check advance loans, post-dated check loans, or deferred deposit loans. If you need a small amount of cash quickly, and have run out of other options, this may be a good way to get the money you need. However, do understand that these loans charge very high interest rates and fees.[20]
Understand the terms and conditions of the loan. Before applying for the loan, make sure that you carefully read the terms and conditions of the loans offered by this company. This means you will want to carefully read any fine print. This information is usually available on the companies website or along with the application form. If you cannot find the terms and conditions, then ask an employee at your local center to provide you with them.
Prepare your application materials. Once you have chosen the company where you want to apply for a loan, you can find out exactly what documents they require by visiting their website, calling their hotline, or visiting a local payday loan center. Make sure that you will be able to meet all the requirements for a loan before applying in order to avoid wasting your time.[21]
Apply for the loan. You may be able to do this online, but it is probably best to go into your local branch in order to fill out the application form and provide any required documentation. Going into the center will allow you to ask questions at any point during the process without having to call a phone number and explain your situation to a representative.[22]
Avoid renewing the loan. If you have taken out the loan, it will usually be for a short period of time, typically around 14 days. After which time, the company will cash the check you left with them, or they will expect you to come in with the cash you owe them (this depends on the repayment terms you agreed to). Beware that these companies may try to encourage you to renew your loan, which will give you more time to pay them back. However, the down side of this is that they will charge you a fee for doing so. If at all possible, pay the loan back according to the initial terms in order to get caught in a debt trap.[23]

How to Make Money Fast

Take items that you want to sell to a pawn shop. Your local pawn shop may pay you a decent price for high-value items, such as electronics, musical instruments, or jewelry. Take your items to the pawn shop and see what they are willing to give you for them.[1] This is one way to make money without any money in hand.


Trade-in items for cash at second-hand stores. Some second-hand stores will also buy items, such as used clothing, CDs, DVDs, records, or books. Take some valuable items that are in good condition and see what you can get for them.[2]
Have a yard sale to sell things you no longer need. Choose a day or a couple of days to have your yard sale. Advertise it in your local paper and online, such as on social media and classified websites. Then, on the day of the sale, arrange the items on tables, blankets, shelves, or in other ways in front of your home. You can arrange the items into groups by price, or price them individually.[3]
Sell unwanted items using a commercial website. Some sites charge a small fee or take a percentage of the sales price, but the exposure is often worth this cost. Sell any items that you have around that are in good or new condition.[5]
Set up a lemonade stand. If you have enough money to buy some lemonade mix, a pitcher, and cups, then you can start a lemonade stand. Use a sturdy box or crate to set your items on, and make a sign with your price per cup on it.[6]
Offer to do yard work in your neighborhood. You can also make money doing yard work, such as mowing lawns, aerating lawns, weeding, or raking up leaves. Make fliers advertising your services and post them around your neighborhood, or go door-to-door offering your services.[7]
Rent out a room in your home to travelers. If you live in a city or a popular vacation spot, people passing through may be looking for a place to stay. Even if you don’t live somewhere with a lot of traffic, you can still use a rental website to find people who are willing to pay to stay in your home.[8]
Find small paid tasks via apps. There are apps that pay you for doing marketing tasks, such as scanning products at a grocery store or completing a survey. Download one of these apps and use it to find small paid tasks you can do.[9]
Fill out online surveys. There are many websites devoted that connect users to free online surveys. These usually only pay at most a few dollars each, but they take very little effort and may provide fast payment.[10]
Use your skills to do day labor. Post an ad online or on a bulletin board offering to do odd jobs or sign up with an employment agency that specializes in temporary work. You can also go where other day laborers meet and wait for employers, such as building contractors, landscapers, homeowners and small business owners. Common odd jobs people need day laborers for include:[11]
Try pet sitting if you enjoy spending time with animals. Find friends who are going out of town and offer to take care of their pets while they’re gone. Professional boarding places tend to be expensive, so your cozy little house or apartment is a nice alternative.[12]
Become a dog walker if you live in an area where they are in demand. You can walk dogs for people who own dogs but who are too busy to walk them. However, this can be a demanding job, especially if you end up walking a few dogs at once or if you are walking dogs throughout the day, so ensure that you have the physical stamina for this type of job.[13]
Become a babysitter if you are good with children. There are websites that will connect you with people who need a babysitter. To get hired by people who do not know you, it will help to pass a CPR class, or to have a special talent or expertise for entertaining children. However, you might be able to make money more quickly just by babysitting for people you know, or by having friends refer you to others who need a babysitter.[14]
Sign up with a ride service company to become a private cab driver. Companies such as Uber, Grubhub and Lyft have set up services that connect drivers with people who need a ride and are willing to pay for it. You must own a car, have a valid driver’s license, and meet other qualifications to be a driver.[15]
Showcase your talents as a street performer. If you can dance, play music, mime, sing, or tell jokes, you can probably get some cash by performing in public. Put together a good act and find a place to perform. Give people a dose of live entertainment, and hopefully they'll reward you with tips.[16]
Pose for art students at a local art school or museum. Contact local art schools, colleges, and museums about opportunities to be a live model. Art students learn to draw the human figure by studying live models. Those that are willing to pose nude in front of others for up to 30 minutes can make money this way (usually at a per-hour rate).[17]
Return bottles and cans for a refund. In some states, you can get 5 or 10 cents per can or bottle by returning them to a deposit center. There are many ways to take advantage of this opportunity:[18]
Scrap a junk pile for cash. If you've got a big pile of scrap in your backyard, own a junked camper or other vehicle, or know of a dump site where you can legally salvage materials, you can sort and sell it to a scrap yard or recycling center in your area.[19] Metals such as scrap steel, copper, or aluminum can fetch good prices.[20]
Sell a computer you no longer want or use. Computers are full of valuable metals such as steel, aluminum, and gold. If you dismantle old computers, you can sort these metals and sell them to a salvage yard, or you may be able to find buyers who will accept the old computer as is and scrap it themselves.[21]
Borrow money from a friend or family member. If you’re in serious need of money, you can always ask to borrow some from family or friends. Let them know why you need to borrow money, and offer to pay it back within a certain (feasible) timeframe.[22]
Use your bank’s overdraft protection if you need to make a purchase. If you have a checking or other account with overdraft protection, you might be able to overdraw on the account and take advantage of the temporary payment, when you are in need of quick cash. The bank will cover the cost, but you will have to pay it back.[23]
Use your credit card’s cash advance feature. Some credit cards will allow you to withdraw a certain amount of cash by using it at an ATM. This can help you come up with cash in a hurry. However, the interest rates on cash advances are usually much higher than the credit card’s usual interest rate, meaning that you will eventually have to pay more.[24]
Seek a payday loan or title loan as a last resort. Companies that offer payday and title loan services offer high interest rates (sometimes with percentages in the hundreds). If you cannot pay the loan and any interest back within the stated timeline, you risk even higher interest costs or, in the case of a title loan, the loss of your car. Avoid these types of loans in all but the direst circumstances, unless you are certain you will be able to pay the loan back.[25]

How to Earn Money on YouTube: 9 Steps (with Pictures) - wikiHow

Set up and build your YouTube channel. Your channel is your personal presence on YouTube. Each YouTube account has one channel attached to it. A YouTube account is the same as a Google account, and creating a YouTube account will grant you access to other Google products, such as Gmail and Drive.
Add content. Try to upload content that is high quality, and isn't super long. (This option can vary depending on what type of content you decide to upload) Also try to upload regularly and stay consistent with your uploads.
Gain an audience. Building an audience is key to increasing your monetization. You need people to watch your ads in order to make any money off of them. There is no one secret to getting more subscribers, just make the best content that you can and they will come to you.
Monetize your videos. In order to start earning money on your videos, you'll need to enable monetization. This means you are allowing YouTube to place ads in your video. This also means that you acknowledge that there is no copyrighted material in your video.
Meet the requirements. You need at least 4,000 watch hours in the previous 12 months and 1000 subscribers to start earning money.
Set up Google AdSense. You can set up Google AdSense for free at the AdSense website. Click the Sign Up Now button to begin creating your account. You must be 18 years or older to create your own account. If you are younger than that, you will need an adult to help you.
Check your analytics. Once you have some videos online, monetized, and being viewed, you can check out the analytics on them to see how they are performing. Click the Analytics option in your Channel menu. Here you can view estimated earnings, ad performance, video views, demographics and more.
Market your videos elsewhere. Don't put your videos just on YouTube! Start a blog, make a website or post them on other video or social media sites. The more views it gets, the better. By sharing the link or embedding the video on the internet, you are increasing the chance of it getting noticed.
Become a YouTube partner. YouTube Partners are YouTube members who have monetized videos with a large number of viewers. Partners gain access to more content creation tools, and can win prizes for the number of viewers they have. Partners also get access to much more community support and tips.

4 Ways to Make Money (for Kids) - wikiHow

Make a babysitter’s box or bag before your first gig. Fill it with everything you might need, like a first-aid kit, snacks, and a back-up phone charger. Include things for the kids, too, like coloring books, glitter glue, toys, and puzzles.


Figure out how much you're going to charge. The average rate for babysitting is $14 an hour. Base your own rate on your experience and the number of kids you’ll be watching. Make sure you and the parents decide on a rate before they leave you with the kids.[2]
Show up 15 minutes early to go over the rules with the parents. 15 minutes is enough time to review all of the house rules, expectations, and contact information before the parents leave. Ask about bedtimes, allergies, and how they discipline their kids, too. Write it down in a notebook so you don't forget.
Stand your ground if the kids misbehave. Be firm with the kids. If they try to tell you that their parents let them do something that the parents specifically said not to do (like stay up past their bedtime), err on the side of caution and obey the parents’ rules. The parents will be impressed by your maturity and responsibility and hopefully invite you back!
Take a training or certification course if you are at least 11 years old. Find one at your local community center or online on the American Red Cross’ website. Get certified in first aid and CPR, too. Not only will you learn a lot of helpful information, being certified will help you book babysitting jobs because parents will trust you more.[3]
Host a yard sale to get rid of things you don’t want anymore. Clean out your room and gather up all of the toys, decor, and clothes that you no longer use or want. Display your items on a folding table in your yard or driveway with your parents' permission. Put prices on each piece with a sticker label based on what you think it’s worth and the original price of the item.[4]
Sell candy if you have a lot of friends. Who doesn’t love an afternoon pick-me-up in the form of a chocolate bar? Buy candy in bulk at a warehouse store like Sam’s Club or Costco where it’s much cheaper. Then, resell the individual candy bars or packs for a profit by doubling the price.
Run a lemonade stand when it’s hot outside. You’ll need a folding table, a sign that says “Lemonade For Sale!”, plastic cups, straws, a large pitcher, ice, and, of course, lemonade. If you’re setting up your stand in the front yard, make your lemonade in the kitchen and keep it refrigerated so it stays cool. Sell the lemonade per cup.
Throw a bake sale if you like to cook. Choose classic recipes that are easy to make in big batches like chewy chocolate chip cookies, fudgy brownies, or vanilla cupcakes. Once you bake everything, separate your goodies into individual servings and place them in pretty packages like treat bags tied with ribbons. Set up a stand in your front yard or out on the street corner to get more traffic.
Grow plants, herbs, or vegetables to sell if you have a green thumb. If your parents let you plant your own garden in the backyard, opt for easy-to-grow vegetables like lettuce, tomatoes, or cucumbers. If you will be growing your plants inside in pots, choose ones that don’t require a lot of sunlight or space. Pick your vegetables when they’re ripe and sell them in bags or plastic containers.[5]
Make money selling handmade crafts if you love being creative. Turn your hobby into a side business. Whether it’s homemade candles, friendship bracelets, or pretty cards, sell your crafts at a local craft fair, farmer’s market, or online on Etsy. Price your goods by considering how much you spent on materials and how long it took you to make each product.[7]
Mow lawns in the summer if you can safely operate a lawn mower. Push mowers are safe for 12 year olds whereas riding mowers should only be used by teens who are at least 16 years old. Before you start mowing, ask your neighbor what height they’d like the grass, what parts of the yard you should cut, and if they have any special instructions (like not to mow too close to the flowerbed).[8]
Rake yards in autumn if you live where leaves fall. Grab a rake and a few large trash bags and go from house to house offering your services. Ask your neighbors what areas of their lawn they want raked and where you should put the leaves, like on the curb for collection or dumped in a wooded area behind their house. Rake leaves into a large pile, then stuff them into a trash bag and tie it closed.
Shovel driveways and sidewalks in the winter if it snows in your area. Pick a shovel that’s lightweight yet sturdy and has a non-stick blade. Come up with a shoveling strategy, whether it’s working from the top of the driveway to the bottom or going in diagonal lines across the driveway. Push the snow from side to side and only pick it up when you need to avoid wearing yourself out fast.[9]
Take care of your neighbors’ gardens in the spring if they have them. Volunteer to weed the garden, plant flowers, water the plants, or mulch the garden. People begin tending to their gardens as early as March so start advertising your services at the end of February or the beginning of March. It’s a great way to get outside and learn how to garden.
Wash cars or bikes if you have a big enough driveway. Gather some sponges or old rags, towels, car washing liquid, a big bucket, and a hose and set up a washing station in your driveway for a few hours on the weekend. Scrub each vehicle, focusing on any dirty spots, rinse it thoroughly, and buff it dry with a microfiber towel. Charge $10 to $20 per vehicle.[10]
Do household chores if you like cleaning. If your parents already pay you an allowance, find out if you can make a little extra money by going above and beyond. Offer to do the laundry, clean the bathrooms, or vacuum all the rugs in the house. Let your neighbors know that you’re available for hire, too.
House sit if you have neighbors who go on vacation. Water their plants, take out the trash, check the mail, and keep an eye on things. They may ask you to visit 1 to 2 times a day or even spend the night at their house so it doesn’t look empty and prevents burglary. Follow all of your neighbor’s rules and instructions and always lock up the house when you leave to keep it safe.[11]
Walk dogs if you’re comfortable with animals. Ask your neighbors with dogs if they need a walker. Show up on time each day and bring an extra leash, water bottle, dog bowl, and poop bags just in case. Walk the dog for the amount of time your neighbor specifies and charge a rate based on the length of the walk and how much experience you have.[12]
Feed and take care of your neighbors’ pets while they’re out of town. Pet sitting is just like babysitting but for animals. If you’re comfortable with animals, let your neighbors know that you’re available to watch their pets when they go away. Always respect their rules and ask ahead of time if you have any questions about the care instructions.[13]
Tutor kids in a subject that you’re an expert at if you like teaching. Think about the classes you do best in at school or the topics you know a lot about. Help out your peers or teach younger kids who want to get a head start before the next school year. Put up fliers around your neighborhood or school with the topics you’re tutoring, the cost, and what services you offer.
Paint friends’ nails for a small fee if you have a steady hand. All you need are a few pretty polishes and a little creativity to start your own pop-up nail studio. Charge extra for fancy designs, glitter, or stick-on jewels. Offer a discount if they get a manicure and a pedicure. For example, if a manicure is $5 and a pedicure is $6, make a mani-pedi $10 for a $1 savings to encourage people to spend more.
Deliver newspapers every morning if there's a route in your community. Find out if there are routes available in your area by contacting your local newspaper. Collect your bag of papers each morning and ride your bike from house to house to hand them out or have your parents drive you around. Most newspapers have to be delivered very early around 5 a.m. so be prepared to wake up at the crack of dawn.[14]
Recycle items at the local recycling center if they accept collections. Many recycling sites will pay a small fee per pound of recyclable items. Go around your neighborhood collecting things like glass bottles, soda cans, newspapers, cereal boxes, and milk jugs. Have your parents drive you to the nearest recycling center and turn in your haul in exchange for money.[17]

4 Ways to Make Money Easily (for Kids) - wikiHow

Have a lemonade stand. Lemonade stands are popular in the summer, and can make you a good amount of money. Get some friends together and make lemonade to sell in your neighborhood.[1]
Sell drinks and baked goods on the road. Like having a lemonade stand, you can apply the same idea to sell refreshments out at community events. Get a cooler and sell your goods or even bottled water at parks on hot days.
Make and sell jewelry and other goods. Gather up some friends and make something; beaded jewelry, boondoggles, etc. Sell at car boot sales, market stalls, yard sales and even online, with your parent's help and permission.
Sell items you don't need on eBay or at these events. Just ask your parents first, to make sure that it’s okay with them.
Host a group car wash. Get together with some other kids in the neighborhood looking for some easy money and offer car washes.
Mow lawns and shovel driveways around the neighborhood. Offering up your services to mow lawns and shovel snow is another great way to get some extra money easily. Treat it like a business, and come up with a name for your services.
Tutor your friends and neighbors. If you’re really good at a subject in school, or at playing an instrument like guitar or piano, you can offer to tutor your friends or neighbors down the street for some extra cash. Know, though, that your friends may also not have a lot of extra money, so be generous and don’t overcharge your buddies.[2]
Babysit for your neighbors and your parents’ friends. One of the most profitable ways to make money easily for kids is to babysit. Start by offering to babysit your own sibling, and once you’ve got some experience, reach out to the neighborhood.
Hold a daycare. During the summer months, when you don’t have school, but your parents still need to go to work, holding a daycare service in the neighborhood can be another great way to make some extra money. This works best if you have some friends helping you out too.
Pet sit, or dog walk for your neighbors. If you are comfortable around animals, pet sitting or dog walking is great way to easily earn some money. Dogs and cats will usually need some pet sitting, but people will also be interested in caring arrangements for fish, amphibians, reptiles, etc. Don't look after anything you can't care for though.
Ask your parents for an allowance. Ask your parents to pay you for doing certain chores around the house on a weekly basis. If your parents don’t want to give you an allowance for doing work, try explaining to them that by giving you an allowance, you won’t need to rely on your parents every time you go out.
Clean your house. Cleaning rooms in your home is a great way to earn an allowance. Whether you agree to clean the windows, dust, or vacuum, there are plenty of tasks you can complete to earn your allowance.
Do outside chores. Doing seasonal, outside housework is another great way to earn an allowance since it’s work your parents may not have time, or want to do themselves.
Work at a retail store or restaurant. Most retail stores and restaurants have an age requirement, but if you are old enough, getting a part-time or summer job is a great way to easily earn some money, and start to build your resume.
Become a lifeguard or park manager. Another easy way to make money, and sometimes get a nice summer tan, is to be a lifeguard or park manager. Go to your local pool or park and ask if there are any positions available and what you need to do to get hired.
Work at the family business. If your parents own a business, you can see if your parents will let you work part-time. This is a good alternative to an allowance and may be easier than finding another job if you have less experience, or are still too young.

How to Make Play Money

Open Microsoft Word and turn on toolbars. Navigate to print Layout by press View and then Print Layout. Make sure your rulers indicating page length and width are on too. Also on the View tab, go to Toolbars and then scroll down to Customize at the bottom.


Press the rectangle in your toolbar. Once you’ve turned on your drawing toolbar a number of shapes will appear in a toolbar below where your font and font size toolbar lives. Press the rectangle and a screen will appear that says ‘create your drawing here’.
Click in the top left hand corner of this rectangle and drag your cursor diagonally downward. As you drag your cursor you’ll see a new rectangle begin to appear. The further your drag your cursor the larger the rectangle will be.
Add the value to your bill. Press the WordArt button. This button will say Word Art on it and will have a three dimensional letter A next to it. Choose your font and font size and writer the number that you want the bill to represent. For example, if you are making a one dollar bill write the letter one.
Add decorations as you see fit. Using the other tools on the drawing toolbar you can add colors, decorations, drawings, designs, or anything else that you want. You can even add clip art to the bill if you would prefer not to draw.
Choose the type of paper you want to use. You can use any kind of paper without a pre-made design on it, for example colored construction paper. Printer paper works fine, as does construction paper. If you want to mimic the feeling of a dollar bill you’ll have to buy paper with 25 % cotton and 75 % linen.[2]
Design your bill. Since it’s play money, it doesn’t need to be particularly serious. However, you should make sure that the amount of the money is easy to understand and unambiguous. Think of a cool design that you want for each denomination (1, 5, 10, 20, 50, and 100 bills).
Cut the bills to the size you want. The standard shape of a regular dollar bill is a rectangle and the dimensions are 2.61 inches wide by 6.14 inches long.[3] Cut them smaller, larger, or even another shape such as a triangle or square if you desire.
Draw designs on the bills. Make sure that the bill value is clear to read. It's up to you to color and use one or both sides of the bill. A regular money bill uses both sides, while Monopoly money uses one side.
Consider what your money represents. Try to think what you will be using your play money for. Most money has details that symbolize the country it represents. If you're making play money for a game, maybe you should put symbols on it that represent the game. If you're making play money to look realistic then you should try as best you can to copy the bill you want it to look like.
Put a face on one side. Assuming you're trying to replicate a US bill, having a face on the bill is absolutely necessary. This will immediately identify the piece of paper as currency. Center the face in the middle of the rectangle and draw a circle around it. Abraham Lincoln, Thomas Jefferson, and George Washington are all presidents featured on US currency.[4] If you're creating your own game you can draw any face.
Write the name of your game or country above the centered face. On the very top of a US one dollar bill it says Federal Reserve Note and then The United States of America. Is this how you would like your play money to look? For example, if you're making play money to use at your school consider writing the name of your school above the face.
Add appropriate designs on the back. Start by writing out the denomination in big letters in the middle of the back of your note. For a US dollar you would write 'ONE' in large letters. On either side of this writing you can add designs that suit the purpose of your money.
Consider adding serial codes. If you want to get really serious, you can add serial codes to each of your notes of play money. In the US the currency has a 10 digit serial code. It starts and ends with a letter with 8 numbers in between. Put this serial code on the center right and center left of the bill. [6]
Find play money online. Using any internet search you can find a number of website offering kids play money for free online. You can choose which template you like and download it.
Print your template. Once you have found a template that appeals to you, copy and paste the picture onto Microsoft Word or another text program. You can then change the size of the template by clicking on the image and dragging the box in the top left corner of the image. This will alter the size.
Buy printed play money. You can also find pre-printed play money that you can buy in bulk online. Search “buy play money” in your internet browser and you’ll see there are a ton of options.

4 Ways to Make Money when You Are Too Young to Get a Job - wikiHow

Think about what you do well. What can you do that someone will pay you to do. Can you do yardwork? Walk dogs? Babysit? Make and sell things? Recycle paper and metal items? Computer stuff? There are many things that you can offer others, if you think hard about it. Make a list, writing down ALL possibilities.
Decide how much time you can work. You still need to save enough time for your schoolwork and hanging out with your friends, and doing other fun kid stuff. And if you play sports, or do other activities, it can be really difficult. Kids are actually pretty busy, so it can be hard to devote more time to making money than you've got on the weekends.
Set your price. How much will you charge people for your service? Depending on what you're doing and who you're working for, any number of different prices might be appropriate. Negotiate with people, but have a specific number in mind.[1]
Find people to hire you. Post flyers, ask family members for business, and ask the people you babysit for to recommend you to their friends. Let lots of people know about your babysitting services. Make sure your potential customers know who you are, what you offer, and how to contact you.
Make a work schedule. Plan your time and work the number of hours you say you'll work. If you want to babysit, try to find someone to babysit for each Friday evening, if that's the day you pick. Do it as often as possible if you want to make money.
Keep at it. Do a good job the first time, and make your gig a regular thing. Ask if you can come back next week, same time, same price. It's a lot easier to come back to a happy customer instead of finding new ones.
Try doing a little extra to see if you can make more money. If you see another job that you can do, ask if they would be willing to hire you to do it. Take out the trash and clean up the house while you're babysitting, then offer to clean separately, or for more money. Take care of the shrubs when you're mowing the lawn, or offer to. Ask if they've got any other odd jobs around the house that you could do.
Find parents in your neighborhood. Babysitting is fun, pretty easy, and parents are always looking for a sitter to free up some spare time. Talk to your parents about talking to their friends, or neighbors in the area who might need a sitter. Think of parents in your neighborhood with kids and talk to them yourself.[2]
Take a CPR class. Babysitters need to be trustworthy, especially if you don't know the people you'll be babysitting for well. One excellent way to get the skills necessary for babysitting is to take a short CPR class and become CPR-certified. Usually, these only last about a day, or several hours, and you can do it on the weekend.[3]
Bring some creative ideas for entertaining the kid. One of the best parts of babysitting is that you get to hang out with little kids and play for a couple hours. And get paid for it! To be a good babysitter, bring a lot of fun ideas about how to spend your time with the kiddos, and you'll be in-demand.[4] Bring along some:
Listen to the parents' instructions. Babysitting isn't all games and fun. Depending on how old the kid is and how long you'll be watching them, you may need to feed, bathe, clothe, put down, and even change the diapers of a kid. Listen closely and write down everything you'll need to do to, so you'll have a cheat sheet when they're gone.
Be patient. Little kids can be a handful. It might be fun to hang out and play for 30 minutes, but at hour 3 of the same game? Yikes. Babysitters need to be very patient and calm with the kids they babysit, to keep things under control as much as possible.
Be firm. Babysitters need to have authority and be in charge of the situation. When it's time for the kid to go to sleep, don't let yourself get pushed around. Be as firm as possible and expect the kid to push you. Speak calmly and firmly and be the adult in the room at all times. Stay focused on what you're doing.
Call for backup if you need help. Babysitting can be a handful. If you get in over your head, make sure you have some backup help ready, if necessary. Have a friend in your neighborhood come over and help while you're watching the kid, or call your parents if there's something you feel unable to handle.
Find yards that are in a big group. If you can mow your own lawn, and all the lawns that surround your parents' house, you're in good shape. You can do all the lawns at once, rake all the leaves, and take care of the yards at the same time. It's like one long day of work in which you an get paid several times.
Mow lawns. One great way to make money in the summer months is to ask as many of your neighbors as you can if you can mow their lawn for them. Lawn-mowing can be a serious hassle, and you can make some serious money doing it in your spare time.
Rake leaves and trim hedges. In late summer and early fall, you'll start mowing less and less, but your clients will need other things done around the yard. Get ready to rake leaves, bag them, and clean up the yard of other debris, like acorns, twigs, and pinecones.
Shovel driveways in the winter. Once the fall turns to winter, business can dry up for the lawnmower. But, snow needs to be taken care of in lots of regions. Don't stop working when it gets cold. Get yourself a good snow shovel and offer to shovel out the driveways and walks of your neighbors.[6]
Clean out gutters in the spring. After a long winter, gutters tend to get clogged up and need a good cleaning. Mostly, this just involves removing the gunky leaves and twigs from the gutters and disposing of them in bags.[7]
Help with a harvest in your area. In rural areas, lots of farmers and fruit growers will hire younger kids to help harvest the fruit during the ripe season. If you live somewhere with a lot of agriculture, keep an eye out at local feed stores, and rural outfitters for signs that local farmers are hiring hands. It can be tough work, but it can also be short-term (a few weeks at most) and good money. The following jobs are all possible in different regions for teens:
Walk dogs. Offer to walk your neighbors' dogs for a small fee. If you have lots of neighbors with animals, and like spending time with dogs, this can be a great way of getting some extra pocket money.[8]
Do housework around your own house. Talk to your parents about taking on more house responsibilities for money. If you can get paid for doing stuff that might be considered "chores," and not even have to leave your house, that's easy money. Your parents might even talk you up to neighbors. One day, do all of the following, and then tell your parents that you'll keep doing it if they pay you regularly:[9]
Help people with computer or phone stuff. If you're good with your computer, you can market those skills to people who don't understand tech as well as you do.
Ask your parents for an allowance. If you want money and you're a kid, some parents are willing to give it. Talk to them about what specific jobs you can do around the house, or specific things you can do at school to help you make money. If you can get money for good grades, then try harder at school. If you can get paid to take care of your pets, or do yard work, or some other task, then do it.
Sell something. You don't have to be an adult to sell things from a little stand. If you want to make some extra coin, you can sell something and make a profit if you price it properly. Read the following articles for specific advice about selling things for money.[10]

How to Be Smart with Money

Set your financial goals. Understanding what you are working toward will help you build a budget to meet your needs. Do you want to pay down debt? Are you saving for a major purchase? Are you just looking to be more financially stable? Identify your top priorities so that you can build your budget to fit them.[1]
Look at your overall monthly income. A smart budget is one that doesn’t overextend your means. Start by calculating your total monthly income. Include not just the money you get from work but any cash you get from things like side-hustles, alimony, or child support. If you share expenses with your partner, calculate your combined income to figure out a household budget.[2]


Calculate your necessary expenses. Your first priority in building a better budget should be those things that need to be paid every month. Paying these expenses should be your first priority, as these items are not only necessary for daily activities but could also damage your credit if you fail to pay them in full and on time.[3]
Factor in your non-essential expenses. Budgets work best when they reflect your daily life. Take a look at your regular, non-essential expenses, and build them into your budget so that you can anticipate your spending. If you get a coffee every morning on the way to work, for example, throw that into your budget.[4]
Look for places to make cuts. Creating a budget will help you identify things you can cut from your regular expenses and roll into your savings or debt payments. Investing in a good coffee pot and a mug, for example, can help you save on your morning fix for years to come. [5]
Track your monthly spending. A budget is a guideline for your overall spending habits. Your actual spending will vary each month depending upon your personal needs. Track your spending by using an expenses journal, a spreadsheet, or even a budgeting app to help you ensure that you are staying within your means each month. [7]
Build some savings into your budget. Exactly how much you save will depend upon your job, your personal expenses, and your individual financial goals.[8] Aim to save something each month, however, whether it’s $50 or $500. Keep that money in a savings account separate from your primary bank account so that it doesn't accidentally get spent. [9]
Figure out how much you owe. To understand how best to pay down your debt, you first need to understand how much you owe. Add together all your debts, including credit cards, short-term loans, student loans, and any mortgages or auto financing you have in your name. Look at your total debt numbers to help you understand how much you owe and how long it will realistically take to pay it off.[10]
Prioritize high-interest debts. Debts like credit cards tend to have higher interest rates than things like student loans. The longer you carry a balance on high-interest debts, the more you ultimately pay. Prioritize paying down your highest-interest debts first, making minimum payments on other debts and putting extra money into your top debt priorities. [11]
Go straight from paying off your highest-interest debt to paying off your next-highest-interest debt. When you pay off a credit card balance, don’t roll that payment amount back into your discretionary funds. Instead, roll the amount you were paying into your next debt. [12]
Pick a savings goal. Saving tends to be easier when you know what you’re saving for. Try to set a goal, such as building an emergency fund, saving for a down payment, saving for a major household purchase, or building a retirement fund. If your bank will let you, you can even give your account a nickname such as “Vacation Fund” to help remind you of what you’re working toward.[13]
Keep your savings in a separate account. A savings account is generally the easiest place to put your savings if you are just starting out.[14] If you already have a solid emergency fund and have a reasonable amount to invest, such as $1,000, you may consider something like a certificate of deposit (CD). CDs make your money much harder to get to for a fixed period of time but tend to pay you a higher interest rate. [15]
Invest raises and bonuses. If you get a raise, a bonus, a tax refund, or an unexpected windfall, put it in your savings or, if you have one, your retirement account. This is an easy way to help boost your account without compromising your current budget. [16]
Dedicate any additional income to your savings. If you work a side gig or if you have any extra sources of income, build a budget based on your primary source of income, and dedicate your other earnings to your savings or retirement account.[17] This will help grow your savings faster while making your budget more comfortable. [18]
Prioritize your needs. Start each budget period by paying for your needs. This should include your rent or mortgage, utility bills, insurance, gas, groceries, recurring medical expenses, and any other expenses you may have. Do not put any money toward non-essential expenses until all of your necessary living costs have been paid. [19]
Shop around. It can be easy to get in the habit of shopping in the same place repeatedly, but taking time to shop around can help you find the best deals. Check in stores and online to look for the best prices for your needs. Look for stores that might be running sales or that specialize in discount or surplus merchandise.
Buy clothes and shoes out-of-season. New styles of clothing, shoes, and accessories generally come out seasonally. Shopping out-of-season can help you find better prices on fashion items. Shopping online is particularly useful for out-of-season clothes, as not all stores will have non-seasonal items.[20]
Use cash instead of cards. For non-necessary expenses such as going out to eat or seeing a movie, set a budget. Withdraw the necessary amount of cash before you go out, and leave your cards at home. This will make it more difficult to overspend or impulse buy while you're out.[21]
Monitor your spending. Ultimately, as long as you're not spending more than you bring in, you're on target. Regularly monitor your spending in whatever way works best for you. You may prefer to check your bank account every day, or you could sign up for a money-monitoring app such as Mint, Dollarbird, or BillGuard to help you track your spending. [22]

4 Ways to Get Money for College - wikiHow

Request information about scholarship programs from your school. Many universities offer academic, sports, and other types of scholarship money for college.[1] Every year, organizations give out over a million scholarships. Your counselor should be the most knowledgeable about this.[2]
Look into professional organizations for the major/career in which you are interested. Places like the American Broadcasters Association give scholarships to students looking for a career in broadcasting.
Apply for grant money as soon as you can. There are many different types of grants, including state, institutional, and federal. They tend to be on a first-come, first-served basis. Because of this, it is best to apply for them as early as you can. You will be more likely to get more money from the grant this way as well. You can apply for a number of federal, state, and private grants and scholarships.[3]
Look into state grant money if you live in the United States. Most states offer their own free money programs.[4] States may base their grants on financial need; although, some state programs encourage specific areas of study. Some states take information from the FAFSA, others will require you to complete a separate application.
Take a chance on getting money from institutional grants. Organizations give this grant money to students when federal and state aid isn't enough to cover tuition or to reduce tuition for desirable candidates. These grant monies come from the college itself.
Consider applying for a federal grant. If you live in the United States, you can apply for the FAFSA grant. You might even be eligible for a Pell grant, which is the largest grant program available. Pell grants begin at a few hundred dollars and may be as much as several thousand dollars. It also allows you to considered for all other types of federal grants, work programs and federal student loans.
Look into federal loan programs and low-interest private loan programs. Unlike grants and scholarships, loans must be paid back. Loans will generally have different interest rates, which will go into effect after you graduate from college.[5]
Negotiate a better financial aid package. Some schools will make a low offer of financial aid initially. When students ask for better packages, sometimes the school will provide more assistance. Also, some schools may have offered scholarships to students who decided not to enroll and they may have extra funds to re-distribute.
Find a job. You do not need to apply for a job that is associated with your major. A simple job, such as working in retail or at a cafe, bartending, or waitressing is easier to get and will offer more flexible hours.
Host a bake sale in your community. It may seem like a flashback to your elementary school days, but most people won't mind donating money for a good cause — especially if they get a yummy treat in return.
Take advantage of your talents. Not everyone is going to share your talents, and some people may be willing to spend a lot of money on a handcrafted item or getting their computer fixed. For example:
Ask for gift money instead of other types of presents. A $200 pair of earrings may look beautiful, but that same money can also pay for a semester's worth of textbooks. When friends and family ask you what you want to get for your birthday, Christmas, or any other holiday, consider requesting gift money instead of expensive gadgets, jewelry, clothing, and so forth.
Check out contests at your school. Some contests offer money, but others may offer other freebies, such as free classes or textbooks.
Pass on the newest phone, car, and computer model. New phones, cars, laptops, and other electronic devices can be very expensive. While having the latest model might be nice, it is not necessary, especially if your current model is still functional. Unless your phone, car, or laptop is completely falling apart, try to keep your money in your savings account instead.
Choose good gas mileage over aesthetics when buying a car. Gas can get expensive, especially if you are driving your car to and from school. A fancy car that uses a lot of gas may look nice, but your bank account won't look so nice after a few months. Instead, opt for a smaller car that uses less gas or a car that is known to be very fuel-efficient, and one that will get you to and from school safely.
Search around for cheaper options before buying your textbooks. Student bookstores don't always have the best prices when it comes to textbooks. Instead of buying a brand new textbook, consider buying a used one; the price is often half of a new textbook. You may also be able to find cheaper editions online.[6]
Distribute your earnings between multiple savings accounts. When you get money, plan on distributing it between three accounts: your regular account, an account for college fees, and an account for emergencies. When you deposit your paycheck, transfer a small portion of it to your "college fees" and "emergencies" accounts. Whatever you have left over will go into your regular account, and will have to last you until your next paycheck.[7]
Consider earning college credits early while still in high school. Some high schools offer classes (such as AP and Cambridge) that will give you credit for college.
Consider community college for general education courses. Save the special major courses for your college, and take the regular, general education courses at your local community college. Community colleges are often much cheaper, and you can finish your entire college education sooner.
Consider living at home or with relatives. College is often associated with freedom, but this does not mean that you have to move out and live on your own. Rent is expensive, and the cost of living in an apartment or a dorm room can really add up after a year. If you have parents or relatives who live close to your school, consider living with them. You will also end up saving on other things, such as: internet, heating/water/electrical bills, and food.
See if you can get financial aid from your parents or relatives. Even if they cannot pay for your tuition, they might be willing to chip in a little bit when it comes to buying other necessities, such as textbooks and school supplies. They may request that you pay the money back, but unlike with a loan, they are unlikely to tack on interest.
Save money on transportation. Cars can be a quick and convenient way to get to school, but they can also get expensive, especially if your school requires you to buy monthly parking passes. Instead, see if you can walk, bike, or skateboard to school.[8]

Reference

  1. How to Make Money
  2. How to Be Good with Money
  3. How to Save Money
  4. 5 Ways to Get Money Without Working - wikiHow
  5. How to Get a Hard Money Loan Approval: 12 Steps (with Pictures)
  6. How to Budget Your Money
  7. 4 Ways to Save Money at a Young Age - wikiHow
  8. How to Make Money from Home
  9. How to Hide Money
  10. How to Stop Spending More Money Than You Make (with Examples)
  11. 3 Ways to Earn Money at Home (Kids and Teens) - wikiHow
  12. How to Borrow Money
  13. How to Make Money Fast
  14. How to Earn Money on YouTube: 9 Steps (with Pictures) - wikiHow
  15. 4 Ways to Make Money (for Kids) - wikiHow
  16. 4 Ways to Make Money Easily (for Kids) - wikiHow
  17. How to Make Play Money
  18. 4 Ways to Make Money when You Are Too Young to Get a Job - wikiHow
  19. How to Be Smart with Money
  20. 4 Ways to Get Money for College - wikiHow