5 Simple Ways To Boost Your Income

Whether you are budgeting for short-term or long-term financial goals, the fact remains that nearly all U.S. households could benefit from a little extra cash–particularly in times of uncertainty.

Bring in extra income with these great tips:

1. Sell Unused Gift Cards

Every year, Americans receive gift cards they do not use. Whether you switched up your diet and a particular restaurant no longer sounds all that appealing to you, or you will not use that gift card to a specific store, there are ways you can sell gift cards to make a little extra money. Some websites allow you to sell your gift card for nearly the full value, and others allow you to cash out any remaining balances on gift cards. For example, most consumers will leave small amounts–ranging from $1 to $5–on gift cards pretty much indefinitely, never using that money. Various websites and services allow you to trade-in gift cards with low balances for that dollar amount.

If you prefer to retain every cent on the card, consider trading it in. While some websites may charge a fee to purchase gift cards, you will not use, others allow you to trade it for another one of equal value. That way, you do not lose any money. Remember that there are gift cards that will enable you to purchase necessities and staples, like gift cards to grocery stores. These come in just as handy as cash savings.

2. Team Up With Commercial Real Estate Investment Services

Dividends from commercial real estate investment companies are so profitable they have outperformed stocks since 2000. Commercial real estate investment services make it simple. Search the best apps for investors and select the one that suits you.

Download the apps, let the top investing apps help you identify valuable commercial properties for sale, and wait for these properties to pay off. View your portfolio at any time and let commercial real estate investment services handle the rest!

3. Sell Items On Etsy

If you make jewelry, paint, draw, knit, crochet, woodwork, or do anything artsy or handy, there is money to be made on Etsy! Making money on Etsy is as simple as making your products, logging online and starting a shop, setting up payment options, and listing your items. Collect money and ship items when they sell. The process is pretty straightforward, but Etsy has a comprehensive beginner’s guide and seller handbook for anyone who needs help.

4. Tutor Online

Many people do not know that they can tutor online with no teaching experience. All you need is a Bachelor’s degree. There are several apps and websites that are looking for native English speakers to teach English as a Second Language (ESL). To do it, you commit to that particular services’ minimum hours per week–typically five to 12–and make sure your audio and video software is up to date. Websites provide lesson plans for you, give databases on additional resources, and let you speak to experienced ESL teachers should you have any questions.

5. Get Paid To Shop

If you are strapped for cash, NerdWallet recommends signing up to be a mystery shopper. By signing up to be a mystery shopper, you visit online stores, shop, and provide detailed feedback about your experiences. Depending on the site, they may ask for access to your online metrics and shopping habits and require you to be at least 18 or 19 years old.

It is entirely feasible to make extra money and do it from your home, using just a smartphone, laptop, and a reliable internet connection. Pad your income and savings using NerdWallet’s work from home suggestions. Make extra money with a good mix of active and passive income.

Why Should You Start Investing in Real Estate?

For some people, the subject of real estate investing can be intimidating. In any case, there’s no doubt that real estate investing is a topic that could use some clarification. While many are curious about investing in real estate, a significant portion of them are hesitant because they don’t know how they might benefit from making these kinds of investments. If this sounds like you, then read on to find out why you should start investing in real estate today.

Real Estate Investing Creates Passive Income

The rat race can be exhausting, and it can quickly drain you mentally and emotionally. If you’re like so many countless people who are just living paycheck to paycheck and barely getting by each month, then you would benefit from learning about passive and residual income. Were you aware of the fact that residential real estate as an asset class is a $29 trillion market, and the commercial real estate sector adds another $10 trillion?

This $39 trillion of real estate generates a whole lot of cash flow that some real estate investors receive as passive income. Setting yourself up for success and collecting some of this cash flow, however, will require some work upfront. But once you’ve got your investment portfolio developed, you can sit back and watch your passive income flow in and generate extra money for you and your family. If you need help or support, you can always consult with commercial real estate investment companies that can answer your questions along the way.

Helping You Family Reach Financial Goals

Without financial goals in place, it’s challenging to feel like you’re making any progress. Setting a simple goal, such as saving for a fun family vacation or a new entertainment center, can provide you with the motivation to succeed. Real estate investing can help you achieve those goals by creating another income stream that allows you to save money more quickly and achieve your financial goals faster. While you are trying to reach your goals, the extra income from real estate investments can be put towards bills or used to live a better lifestyle.

Investing Companies and Apps Make it Easy

It’s helpful to know that commercial real estate investment companies are not how they used to be. Thanks to new customer service models, better technology, and mobile investing apps, it’s never been a better time to get started in the world of investing. The best investing apps allow you to get started with as little as $10. Furthermore, modern smartphone investing apps will enable you to make moves and check in on the status of your investment portfolio, all from the comfort of your mobile device. Investing has never been easier, less complicated, or more convenient thanks to these modern technologies and innovations.

If you’re looking to get started in real estate investing, don’t hesitate to reach out and get in touch with a member of our team today. It doesn’t make a difference whether you’re an experienced or beginner investor; we make real estate investing easy.

My Financial Journey: Peter Romano

My name is Peter, and this is my financial journey.

There are many things I can reflect on when it comes to the things my parents did well while raising us. Yet, what sticks out the most was their never-ending commitment to making sure we understood the value of money.

From a young age, every time I asked my mother for something, whether it was a pack of baseball cards, the coolest new album ( Fugees ‘The Score’ for this 80’s kid), or a snowboard, she would ask, “do you know how much that costs?”

Trying to show how responsible I was, I’d immediately respond by saying, “Yes! The price is X dollars.” What I realize now is that my mom wasn’t asking because she wanted actually to know the price, she was asking so I could understand the real price of what would go into getting that baseball card, snowboard, or CD.

“No. The price tag says $10, but I must make $14 before taxes to pay for that. Your Fugees album costs me two hours of work.” Fast forward through high school, college, and multiple different jobs, I now see how impactful that guidance was on me. I calculate the total cost of everything I buy and relate it back to the number of hours I must work to afford it. As you can imagine, this can be a little overbearing for my wife when it comes to shopping since I act like a human calculator, but she has taught me you can’t put a price tag on love 😊

Yet, as life has shown us, being fiscally responsible can only protect us so much. There are things in life that happen that we frankly cannot control. Family members get sick, and people get laid off, families separate, children are born – the list goes on.

These unexpected expenses cannot always be covered by a single stream of income from one job, no matter how much that job pays. Sometimes, it means a family must take money from their savings and find themselves with nothing left but their weekly incomes. This is one of my greatest fears for my own family, and why I helped launch HappyNest.

By using HappyNest, I’ve learned that investing doesn’t have to be large chunks of money; it can be a steady stream that is as little as $10. In the end, life is really a marathon, not a sprint. By dedicating more of my income to investing in real estate, I am diversifying my income stream and preparing myself and my family for a financially stable life – something I hope HappyNest can help you do as well.

My name is Peter Romano, and that is my financial journey.

3 Reasons To Choose Real Estate Investment Funds

The vast majority of investors plan to increase their allocation of capital to real estate within the next two years. Actively managed real estate funds can give investors more affordable options and opportunities for their investment. What benefits can these funds provide you with as an investor? Here are three reasons to invest in real estate investment funds.

Greater Investment Returns

Some real estate funds give you the ability to reinvest your dividends. Dividend reinvestment can lead to higher returns from the compounding interest. In turn, this can generate more residual income. Before you invest, ensure that the portfolio is in the hands of an excellent fund manager and look closely at a manager’s overall track record. A successful manager should be happy to provide you with that information.

Portfolio Risk Minimization

An actively managed real estate fund can help provide insulation against stock market volatility by spreading risk across various types of real estate assets. The key to portfolio risk minimization is identifying segments of the real estate market that are resistant to swings in stock market volatility and investing accordingly. High-quality real estate fund managers will do this for you. For example, opportunities may exist to purchase new commercial real estate such as industrial warehouses that have seen increased demand due to E-commerce. Other possibilities include real estate that addresses affordable housing shortages and even repurposed office spaces for other uses.

When considering actively managed funds to help diversify your portfolio, look for high-quality assets that help mitigate potential risks of investing. Actively managed funds target a wide variety of assets; nevertheless, they are still easily accessible and can generate significant financial returns.

Lower Costs To Capitalize On Trends

Active funds can help you capitalize on trends quickly. These funds invest in real estate and real estate related equities, which allows them to capitalize on short and long term trends. But be careful, as quickly as trends come, they can go, which can affect profitability at these firms.

If you are looking for more opportunities to invest in real estate, actively managed real estate funds can be an ideal option for your portfolio. You can research these funds online or speak with a financial advisor at a commercial real estate company. An experienced funds manager should be able to help you choose the best investments for your financial situation.