ways to earn pocket money essay

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Money Management for Young People
Money Saving Hints for Young People

How to Earn Pocket Money

Last Updated: February 28, 2023 References

This article was co-authored by Jessie Davidson . Jessie Davidson is a Child Care Specialist and the CEO and Founder of BabysitPro, which provides online courses for current and aspiring babysitters. Jessie has over 20 years of childcare experience and specializes in best practices for sitters of infants, toddlers, preschoolers, and grade-schoolers. BabysitPro’s courses are unique and age-specific so babysitters can learn detailed information relevant to the children they babysit. Jessie holds a BA in French Studies from Wheaton College and an MA in Visual Anthropology from The University of Southern California. There are 7 references cited in this article, which can be found at the bottom of the page. This article has been viewed 215,411 times.

Though it may not be possible to get a proper job just yet, there are still ways for you to earn some spending money while helping your family and community. With a little creative thinking, you can find the perfect money making opportunity for you. Here's how to look to parents, neighbors, and friends not for handouts, but for opportunity.

Earning Money From Your Parents

Negotiate a fair amount of money for the work that you do. Don't expect them to pay you $/£20 for nothing. They may expect you to complete a few more household chores since they are paying you regularly.
Think about how you will justify this allowance. Why do you need it? Why do you deserve it? Be prepared to give your parents good reasons if asked.
Common tasks that parents pay their children allowance to complete include: cleaning your room, emptying and loading the dishwasher, vacuuming, washing and folding laundry, and dusting. [1] X Research source

If your parents send you into a store to pick up a few items, ask them if you can have the change. If they expect the money back, ask them can you keep the coins. Pennies, pounds and other coins quickly add up.

Earning Money from Your Community

Taking care of lawns. You can mow them, rake leaves, clean up debris, and shovel snow. Charge different prices based on the size of the yard and the size of the job. Remember, always be fair and reasonable. [2] X Research source
Pet walking and pet sitting. Offer to walk dogs for your neighbors, or feed their cats or dogs when they go out of town. If you pet sit, you can charge by the day. Just make sure you like animals because pet sitting can get a little dirty.
Dog washing. Wash dogs for your neighbors, and even brush them afterwards.
Washing cars. Wash the outsides of cars, and even clean the insides, too. If you get a few friends together, you can hold a community car wash.
Spray painting numbers on curbs. This could help emergency vehicles find homes if the numbers are not obvious on the house or mailbox. All you'd need is a couple of cans of spray paint and a number stencil.

Think of reasons why you are qualified for babysitting. Most parents will want to know that you are responsible and have worked with children before. If possible, put together references of people you have babysat for before, or family members who have watched you babysit younger cousins during family events.
Make sure you are prepared for babysitting. It is not an easy job, but a huge responsibility. You are responsible for the safety and well-being of the child while they are under your care. If you're not comfortable with that, find an alternate job.

You might want to use your computer to print up fliers or business cards to distribute around the community. On the flier or business card, describe who you are, what you are offering to do, and how to contact you.
Go door to door to introduce yourself. When you first start a business, you need to promote it. In addition to fliers, try going around to the houses in your neighborhood to introduce yourself. People might be more willing to hire you if they see your face and meet. [3] X Research source
Don't be discouraged if people say no.

Making Money Other Ways

Get your parents to help you sell it on eBay or Craigslist. You can sell everything from clothes to toys on there.
Sell it at school if its allowed. Your peers will be into similar things and just because you are finished with something does not mean that someone else wont want it. [4] X Research source
Take your clothes and shoes to a consignment shop. Consignment shops pay money for quality, second-hand items. Some consignment shops will even take toys. Make sure the items are in good quality so you get the best price.
Sell your old video games and video game systems back to gaming stores. Or try selling them on eBay or Amazon.
Have a yard sale. This might not be easy since your parents will have to do a lot of work, but maybe you can convince them to share some of the profits from their sales if you do a lot of the organizing work. [5] X Research source

Offer your musical services for a fee at local events. Play the piano at a reception, play the guitar at a wedding, or play the violin at a local festival.

If you're good at drawing and painting, think about painting faces at birthday parties and other events for a small fee. [6] X Research source

Expert Q&A

Be patient when you're trying to find work, as it can take a while. Thanks Helpful 4 Not Helpful 1
Make a budget. Prioritize things you want to buy so you don't spend your money on unnecessary things. Thanks Helpful 6 Not Helpful 1

These may not be the quickest ways of earning money, but if you're persistent, spend wisely and save even more than you spend, you'll be on the way to financial responsibility. Thanks Helpful 221 Not Helpful 42

↑ http://www.femalefirst.co.uk/parenting/news-on-parenting-282965.html
↑ http://www.thriftyfun.com/tf437665.tip.html
↑ http://www.eruptingmind.com/how-to-make-money-for-kids-teens/
↑ https://makemoneyas.com/how-to-earn-money-as-a-kid
↑ http://www.themint.org/kids/ways-kids-can-earn-money.html
↑ http://www.howtomakemoneyasakid.com/ways-to-make-money-as-a-kid/
↑ http://howkidscanearnmoney.com/blog/

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30 Easy Ways to Earn Extra Pocket Money (for Kids & Adults)

by Saeed - Verified & Updated November 1, 2023 (This post may contain affiliate links.)

If you are just looking to earn a few extra fun dollars on the side, these are some great ideas you can try.

None of them are intended to make you rich – but they are really fun things that you can try to earn cash while meeting people and developing new skills.

Most of those listed are free to begin, meaning your creativity, time and effort are all you will need to get started.

Remember, this is a guide only. All the approximate numbers given are a guide only, and you may find that you have more or less success with certain tactics.

Table of Contents

A. Mobile Gigs

Your smartphone opens a huge number of opportunities for you to make money at times when you might be unproductive, commuting, or wasting time.

Gigwalk is one example of a program you can use, posting tasks that range in payment between $3 and $90 that you can complete while you’re out.

Tasks include shopping, rating, completing store surveys, taking photos, testing mobile apps, etc. To take part, you just need an iPhone or Android device.

You can also try Field Agent and Easy Shift, which pays in items like gift cards and has easy to find tasks to complete.

CheckPoints
Field Agent

B. Incentivized Freebie Websites

Incentivized Freebie Websites (IFW) (also known as GPT – Get Paid To), are both loved and hated by some.

IFW sites are basically online rewards programs that reward you for taking certain actions. It can be taking a survey, visiting a website, watching a video, signing up for a trial offer,…

And there are many of them around. Sifting through them to find the ones that are legit and actually pay can be a tedious task.

I have been using a number of IFWs for years and I can say that they are a great source for earning little pocket change and free gift cards.

QuickRewards
Vindale Research

C. Listen to Music

If you love listening to and discovering new music, there are ways you can make a little money while doing so.

Some sites will allow you to review and rate new releases.

Generally reviews begin at about 5 cents, but as you gain a profile and background you can move up and earn a bit more.

D. Complete Paid Surveys

Customer feedback is a valuable resource for any business, and they get the feedback by paying market research companies to conduct surveys for them.

And to give people an incentive to participate, the market research companies pay people with some of the money they get from companies and businesses.

You can sign up for multiple websites to try your luck and see which type work best for you.

Once signed up with a site, you will usually receive emails with surveys available for completion and details of what you will earn.

Some surveys take under a minute, others can be much longer or multi-stage.

Generally, payment per survey is relatively small (between $1 and $5) but rises with more complex studies. Some companies offer gift cards or incentives in lieu of cash.

Surveys are definitely not a source of income you can rely on entirely, but they can bring you a nice sum of pocket money each month depending on how many you complete.

SurveySavvy
PineConeResearch
Global Test Market

E. Microjobs

As more and more people begin to work from home, the “microjobs” or freelance, single-job marketplace is growing bigger every day.

There are many jobs you can complete and plenty of places to find them.

In many cases, you can list your available services or apply for available jobs. TaskRabbit even provides offline jobs for you to complete.

Generally, these small jobs pay between $5 and $50 and can often be completed within an hour.

F. Enter Competitions

In your spare time, it can be worthwhile to enter the free contests and competitions that are often offered by companies and retailers as a promotion.

Generally, you can enter by just providing a little bit of information, and the results can pay off hugely if you’re lucky.

You don’t have to spend a lot of time looking for these contest. There are many sites that aggregate information on local deals, coupons and contests. Sign up and enter whatever catches your eye, and you stand to make a lot.

Remember, this is more of a fun shot-in-the-dark than something you can depend on for usable income.

When getting started, you might consider setting up a separate email account to ensure that you don’t receive too many notifications or newsletters in your regular inbox.

SweepsAdvantage
UltraContest

G. Pay to Click Earning

If you spend a lot of time online, getting paid to click on advertisements might be a great option for you!

Generally, you will be required to click on advertisements and view them.

Each click takes only a few seconds, and the earnings per click are very low. If, however, you are willing to dedicate time while you listen to music or watch TV, you stand to earn a few extra dollars without much mental or physical effort.

I should also mention that most paid to click sites have evolved to offer other opportunities as well.

For example, InboxDollars, started as a site where they would pay members to click on the ads in their newsletter emails. But these days, InboxDollars is a complete online rewards program where you can earn by doing a variety of stuff, like taking surveys, playing games, shopping, etc.

InboxDollars
SendEarnings

H. FreeLancing

Freelancing has been growing as a profession immensely for the past few years.

There are tons of different things you can do as a freelancer, from writing simple articles to designing logos, to building websites and more.

You normally set your own prices, and can work from anywhere, anytime.

People Per Hour

Have you ever used any of these pocket-change money-making ideas?

What do you do when you need a little extra cash?

It’s funny, I started doing freelance video production in high school, just to make a few dollars here and there. Ten years later I’m a television producer in Los Angeles! Just goes to show where life can take you if you allow yourself to become passionate about something and continue to pursue and grow at it.

Hard work pays off. I am glad you are doing good Jonathan.

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Essay on Pocket Money

Students are often asked to write an essay on Pocket Money in their schools and colleges. And if you’re also looking for the same, we have created 100-word, 250-word, and 500-word essays on the topic.

Let’s take a look…

100 Words Essay on Pocket Money

Introduction.

Pocket money is a small amount of money given to children by their parents. It is a practical way to teach kids about financial responsibility.

Importance of Pocket Money

Pocket money helps children learn about budgeting and saving. It teaches them the value of money and encourages them to make wise spending decisions.

Managing Pocket Money

Children should be guided on how to manage their pocket money. They can save part of it, spend some on their needs, and maybe donate a portion to charity.

In conclusion, pocket money is a tool to prepare children for the financial realities of adulthood.

250 Words Essay on Pocket Money

The concept of pocket money.

Pocket money, a concept as old as money itself, is an important tool in a young person’s journey towards financial literacy. It is essentially a small amount of money given to children by their parents or guardians on a regular basis.

The Importance of Pocket Money

Pocket money plays a vital role in shaping a person’s understanding of money management. It teaches the value of money and the importance of budgeting, saving, and making informed financial decisions. It also fosters a sense of responsibility, as one has to manage their own funds and prioritize their spending based on needs and wants.

Pocket Money and Financial Independence

Financial independence is an essential life skill that begins with managing pocket money. It’s a stepping stone towards understanding the complexities of the financial world. It empowers youngsters to make their own spending decisions, consequently teaching them about the repercussions of poor financial choices.

Potential Downsides

Despite its benefits, pocket money can also have potential downsides. If not properly guided, children may develop poor spending habits or a sense of entitlement. It’s therefore crucial for parents to provide guidance and set boundaries around the use of pocket money.

In conclusion, pocket money serves as a practical tool for teaching financial literacy from a young age. It’s a concept that, when used properly, can cultivate financial independence and responsible financial habits. However, it requires careful guidance to ensure it fosters positive attitudes towards money management.

500 Words Essay on Pocket Money

Pocket money, often considered a simple financial tool, is a profound concept that holds the potential to shape an individual’s financial understanding and habits. It is a small amount of money given to children by their parents or guardians on a regular basis. The concept of pocket money is not just about providing financial support for minor expenses, but it is a practical way to teach young people about the value of money and financial responsibility.

The Significance of Pocket Money

Pocket money serves as an essential learning tool for young adults, especially college students, who are at a critical juncture of their life. It helps them understand the concept of budgeting, saving, and spending wisely. By managing their own pocket money, they gain insights into the financial world, which is crucial for their future independence.

Moreover, pocket money can also help in fostering a sense of responsibility. When students manage their own money, they understand the importance of making wise choices and the consequences of their financial decisions. They learn to prioritize their needs and wants, which is a critical life skill.

The Challenges of Pocket Money

Despite its numerous benefits, pocket money comes with its own set of challenges. The primary issue is determining the right amount. Too little pocket money could leave students struggling to cover their basic needs, while too much could lead to reckless spending and a lack of appreciation for the value of money.

Furthermore, the misuse of pocket money is another concern. Without proper guidance, students might spend their money on unnecessary items or develop unhealthy habits, such as gambling. Therefore, it is crucial for parents and guardians to provide guidance and monitor the usage of pocket money.

Strategies for Effective Use of Pocket Money

To ensure the effective use of pocket money, it’s essential to implement strategies that promote responsible financial behavior. One effective method is to encourage students to save a certain percentage of their pocket money. This not only helps them accumulate savings but also instills a habit of saving.

Another important strategy is to involve students in budgeting. They should be encouraged to plan their expenditures, which will help them understand their spending patterns and control impulsive buying.

Lastly, it’s important to have open conversations about money. Discussing financial matters, such as the importance of saving, the consequences of debt, and the significance of investing, can help students develop a healthy relationship with money.

In conclusion, pocket money is a powerful tool that can shape a student’s financial behavior and understanding. Despite the challenges it presents, with the right strategies and guidance, it can be used effectively to instill financial responsibility and independence in students. The lessons learned from managing pocket money are invaluable, and they lay the groundwork for sound financial habits in adulthood.

That’s it! I hope the essay helped you.

If you’re looking for more, here are essays on other interesting topics:

Essay on Money Is the Root of All Evil
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Essay on Money Is Important for Happiness

Apart from these, you can look at all the essays by clicking here .

Happy studying!

15 Ways to Earn Extra Pocket Money as a Student

by Emilie Schleif | Ideas

Students trying to earn extra pocket money in school

Jul 26, 2021

As a student, there are times you wish you had money to do something for yourself. Unfortunately, it can be hard to get extra cash apart from the one you get from your parents. But you can still get that money if you know what you’re doing. There are several opportunities to make money online and offline. So, we’re going to show you the process. Here are ways to earn extra pocket money as a student.

1. Freelancing

Different schools of thought predict that the future of work is freelancing. Businesses want to increase efficiency by outsourcing instead of hiring full-time staff. You can make plenty of money as a student by working as a freelancer .

There are several websites online you can start from which already have clients. In only five minutes, you can sign up with sites like fiverr.com, guru.com, freelancer.com, and upwork.com. You can create profiles for skills like writing, animation, design, and video editing. Clients pay after work is confirmed, and you can withdraw twice or once a month to your bank account.

2. Tutoring

If you’re an expert at something, someone out there needs your knowledge. They’re starting up and don’t want to go through the tedious learning curve. Offering online tutoring can be lucrative if you know a subject well. You can join third-party sites udemy.com and skillshare.com. Upload your video, audio, infographic, and text content to attract students.

You can also offer zoom or live tutoring sessions and use social media for advertising it. Build your student base and start growing your influence. Tutoring is good because it challenges you to be better and more focused.

3. Taking and Selling Photographs

Social media managers and digital marketers all make use of images for their work. Individuals also need images for so many things. Even if they have some pictures, they will still need more to create their content. If you’re good at photography, this is one of the best ways to earn extra pocket money as a student [ 1 ]. You can sell the same image to different people or as exclusive content.

Contact people who are planning an event and serve as an official photographer. Shutterstock.com allows photographers to upload their work and sell it. On unsplash.com, you can also showcase some of your best photos for people to download for free, and at the same time, let them know you’re available for hire. The opportunity to make money from photography is endless.

4. Work At Campus Café

If you love serving people, you can try out working at the campus café. You don’t have to wait for them to fill a vacancy; try approaching them to see if they need someone. Working at a café on the campus makes it easy to manage work and classroom activities.

You will also learn essential business skills in customer service and management. This will help you in case you hope to start a business in the future. Apart from getting paid by the café owner, you’ll also get tips if you’re nice.

Read: 51 Awesome Health Tips For College Students

Platforms like Uber, Bolt, and Lyft have revolutionized the way we move around. They have also made it possible for anyone to get into the transport business. You don’t have to look for customers because the app does that for you.

If you have access to a vehicle, go on and sign up with the app and start driving. If you don’t have a car, you can drive for someone and split the profit based on agreements. You can also approach a friend who has a car and bargain with them.

6. Sell Old Notes and Textbooks

On the campus, notes are gold. When you’re in your second year, students in the first year will find your old notes valuable. That’s why you should never throw them away. Many students are doing this already and making good money from it [ 2 ].

Students who miss classes or who are too lazy to take notes can buy yours and read. Some students have to work to support their education. They will be happy to buy your notes to cover up for classes they missed.

7. Sign Up For Extras on Film and TV Productions

Schooling near Hollywood, New York, or places where they make movies provides enormous opportunities. It’s one of the coolest ways to earn extra pocket money as a student. Filmmakers are always in need of people to play crowd scenes in their movies.

Search online or in-person for such audition notices and sign up. Apart from the money they will pay you, you’re also getting credit for the work. Who knows, someone might even notice your talent and give you a better role next time.

Read : 13 Ways to Succeed as a College Student

8. Write and Publish Ebooks

Everyone wants and needs eBooks. People read them to improve their knowledge, and businesses use them to attract sales. If you’re good at writing, you can make good money writing ebooks. All the information you need to write the book is available online.

You can write an ebook on anything from “how to make sushi” to “top ten business tips for start-ups.” Of course, the topic of the ebook will depend on the client’s specifications. There are many places online where you can get ebook jobs, including fiverr.com and upwork.com.

9. Start and Run Your Own Blog

Blogs provide free information that makes life easier for readers. If you’re good at writing and you have expertise on a subject, start a blog. Update the blog once a week or so to keep the viewers engaged. Collect their details like email and phone numbers to send them product offers.

You can also look for companies that sell products related to your content. For example, if you write about interior decoration, a furniture company might want to advertise. When you have enough content, you can turn your blog post into a book and sell it.

Read: 16 Tips for New College Students You Should Know

10. Social Media Content Creator

Managing a social media account is impossible without content. That’s why businesses and individuals need social media content creators. You can make money by working as a virtual social media content creator and manager.

The good news is you don’t even need to worry about content ideas. Just look for a similar business with an active social presence and get ideas from them. You’re not going to copy and paste; look at what they’re doing and create a version from your angle. Social media content creators help engage followers. You’re going to learn a lot from your job to improve your skills and talent.

11. Start E-Commerce Store

Start an e-commerce business to earn extra money

More people now prefer to shop online instead of in physical stores. You can join the e-commerce industry that is growing in billions of dollars every year. All you need is to decide which product you want to sell and then start looking for customers.

You can sign up with sites like shopify.com that provide you with all the tools you need to sell in one place ( 3 ). Many people also create stores on social media like Facebook and Instagram to sell. All you need is a good shipping partner to turn your shop into a goldmine.

12. Become a Video Editor

Video is the future of marketing. That’s why almost every company now wants to create a video to promote their business. Learn how to use software like Adobe Premiere and after effects, and start editing for money. The demand for video editors is increasing, so take advantage of it.

13. Buy and Sell Crypto

One of the most exciting ways to earn extra pocket money as a student without stress is crypto. All you need to do this job is a smartphone, and you’re good to go. Create a wallet and start buying cryptocurrencies like Ethereum and Bitcoin. When the price is high, sell it off and keep the difference. When prices fall, buy again and repeat.

Students worldwide have turned the cryptocurrency business into a fortune, and you, too, can do it. However, you will perform better if you learn and improve your knowledge about it.

14. Provide Services for Wealthy Kids

Many rich kids on campus will be too lazy to do things they’re supposed to do. These kids are willing to pay you to run errands for them. Look for a rich kid and attach yourself to them. You’re not going to parties with them; you’ll be working as their assistant. You can wash their car, help them with their laundry, and cook to earn extra pocket money.

You can also help them organize events and take away the stress from them. Many rich kids will also need help with their assignments and notes. You can provide all these services in exchange for cash. Build a relationship with the rich kid now because you might need them after you graduate.

15. Write Homework and Assignments

High school kids need help with their homework. College students have assignments they need to complete. Some of these people can’t achieve these projects. If you’re an above-average student, you can help them with the assignment in exchange for cash. You can approach people in the church or neighborhood, or college to get such a job.

There are websites like homeworkmarket.com, chegg.com, tutor.com, you can create a profile. Once you update your information, you can start doing homework for others and get paid.

Students need to make money to solve many of their needs. But getting a full-time job may be impossible. Instead, you can make money online or work part-time as a student. Know what you’re good at, create a profile, and start selling for cash.

Featured photo by Keira Burton from Pexels and In content photos by Mark König and Jacek Dylag on Unsplash.

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Top 20 best books on american history, ways for teenagers to make pocket money essay sample, example.

Not that I was materialistic: money was a symbol of freedom. Be it a date with a girlfriend, a new video game I wanted to buy, a pair of sneakers, or anything else, I needed money desperately. And, as any teenager, I could not ask my parents for it that easily: first of all, I did not want to be a freeloader (although I was–all kids are, until a certain age), and secondly, I did not want to involve my parents in things I was into. So, at some point, I realized I needed to start making my own money. Even today, I think this was one of the best decisions I ever made.

Why? Mostly because I learned there is no such thing as easy money. When you are given some, you take it easy. When you earn some, you start valuing every dollar. So, I tried a number of legal ways to earn money, and here is what I did.

I always liked to draw. I never attended any art school, and no one taught it to me, but I remember myself with a pencil in my hands since the age of four. Starting from doodles and ugly stuff, I gradually learned the basics of composition, sketching, and shading. I bought a book on anatomy for painters, and tried copying muscles, bones, and tissues from there. I learned to draw human bodies–although facial features are something I cannot draw well enough, even today. Anyways, I figured out I could earn money by drawing. Given that my surrounding consisted mostly of guys, the top things for me to draw was concept art with half-naked women or fully-armored fantasy/science-fiction warriors. Depending on the complexity of work done, I charged people up to five dollars per poster. I even participated in several contests, but I never won anything.

Another way I tried to make money was working as a courier. You have probably seen guys like me in movies: a teenager boy on an old bike throwing newspapers anywhere but where he is supposed to. Well, that was me. I did my best for several months, but I still gave up in the end. I hated it. Waking up early in the morning, getting out regardless of the weather outside, riding back and forth past barking dogs–I think I experienced all the stereotypes about delivery boys. And it did not pay well either. After this job, I tried a plethora of other ones: washing cars, working at my local grocery store, helping people clean their garages or walk their dogs, and so on. It was more fun than throwing newspapers around because I could meet new people, many of which were nice.

Another thing I did was tutoring. I was pretty good at math, so I helped younger children in the neighborhood to get on track–and their grateful parents were kind to pay me for this. And although I am sure I had little talent in teaching, I like to think I helped someone.

Anyways, there are many ways for a teenager to earn extra cash. My firm belief is that the earlier one starts doing it, the better. Working in teenage years is like a demo-version of what awaits for you in the future, and it is in your best interest to adapt to it –and obviously, such labor should be voluntary.

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8 ways to increase your pocket-money earnings.

Pierre Noronha
July 20, 2021
Last Updated: January 1, 2024

Table of Contents

With the Internet influencing a large part of our lives, the scope for earning money online has increased multifold. The whole work from home set-up and the new norm of social distancing, all because of the coronavirus pandemic, has nudged more people to look for ways to earn money online. That’s why, we’ve come up with an article that encompasses all the tips and tricks you need to know, in order to increase your pocket-money earnings, online! So, let’s get started. wait, before that.

One of the best ways to increase your pocket money earnings is by –

1. Freelance Writing

8 Ways To Increase Your Pocket-Money Earnings

As a university student, you can expect to be writing a lot of assignments. With practice, comes fluency. And when you are fluent in something, you can make money out of it. So when you become a proficient writer, why not consider taking freelance writing gigs? It is easily one of the best paying online jobs for students who have a knack for writing and possess good grammar and research skills. The best part? You will only need a computer with the Internet to get started!

There are a number of writing jobs on various writing jobs and freelancing sites online. Most freelance writing jobs include writing blog posts, articles and copies for web pages. Do note, however, that you will be given a deadline to complete an article. Usually, freelance writing jobs pay per word, article or project basis, or based on an hourly rate.

Another great way to earn some extra money is by being proficient at –

2. Data Entry

Lately, the importance of simple data has become paramount. Huge corporations are investing millions of dollars in obtaining useful information from the data that they collect. This is called Data Science. However, in order to extract useful information from data, the data first needs to be fed into the system. Here is where you come in and here is where you can easily earn a quick buck.

Data entry is a straightforward task that students with basic computer knowledge and fast and accurate typing skills can do from the comfort of their computer. Typically, data entry entails quickly and accurately typing in data for clients. Many students supplement their income by working part-time jobs in data entry. On the following websites, you can discover legitimate data entry jobs:

The Smart Crowd
PeoplePerHour

Being a freelance writer or working in data entry isn’t doing it for you? Don’t worry, you can always try being a –

3. Virtual Assistant

A virtual assistant is someone who provides professional administrative, technical, or creative assistance to clients remotely from home. The good thing about this job is that you do not require secretarial or administrative skills to get started. University students can use their organizational and communication skills they have developed while studying to do virtual assistant jobs for people and businesses. They can offer a huge ambit of services such as social media management, research, website maintenance and other services.

Payments vary based on the tasks or services provided, hours done, and other factors. You can work with a single or multiple clients, based on your need for income.

Come on, we’re almost halfway there! Check out –

4. Translation Jobs

If you are already bilingual or are learning a second or third language, you can use your language talents to supplement your income.

Fun fact: A person who knows and is able to use several languages is called a polyglot.

Many businesses, such as 1-800-Translate and World Lingo, require assistance in translating a variety of documents, academic papers, audio files, and other materials into another or multiple languages. What’s more? These jobs pay really well!

If you are fluent in an in-demand language, then you can supplement your income by offering translation services in your spare time. Joining translation companies or freelance sites might help you get translation jobs. Depending on your skill set, you can choose from a variety of translation jobs.

Here’s one of the best online jobs that require minimal effort. Did you know that you can make good money by –

5. Taking Surveys Online

Participating in paid internet surveys is one of the best ways for students to make money quickly. There are numerous genuine survey companies or websites that will allow you to create an account. If you fit the demographic that a survey is looking for, you will almost certainly be eligible to participate. The payouts from taking online surveys won’t push you to financial freedom overnight, but completing surveys for money could provide a small financial boost when you need it. Some of the best websites for taking surveys online are –

InboxDollars

Here’s another great online pocket-money earning opportunity –

6. Tutoring Online

A great way to make money is by being an online tutor . As a student, there are plenty of reputable online tutoring jobs you can join to find clients that need tutoring in subjects you are particularly knowledgeable about. These organisations will allow you to apply to become an online tutor and will connect you with students or clients who require assistance in your area of expertise. You can do this job part-time and earn some extra cash to help pay your bills.

You will require a Zoom/Google Meet account and a high-speed Internet connection to offer tutoring in academic or non-academic subjects.

Almost home.. Here is the 7th best way to increase your pocket money earnings –

7. Selling Items on Marketplaces Online

Students can sell not just their old belongings or undesirable products on eBay and other online markets, but also items that they have made themselves. They can also purchase things in bulk from another supplier or at cheaper prices and resell them at higher prices. Moreover, students may get some additional cash by selling their old items on the internet.

You can sell only specific items via some marketplaces while others let you sell a wide variety of used and unused things. For instance, you can sell your used books . Other items include your own products, used clothes, textbooks, unused gift cards, old CDs and DVDs.

The last and final (awesome) way to make some money online is –

8. Doing Micro Jobs Online

One of the most effective ways for students to supplement their income is to perform tiny chores or provide modest services to businesses and individuals through a micro gig site. There are numerous respectable micro job sites where you may advertise your abilities and services by advertising any job or service that you can offer for a certain amount of money per work or service delivered.

You can use micro gig sites to offer different types of freelance services or to do different types of jobs via your computer. You can do micro gigs for various services such as:

Editing articles, academic papers, etc
Writing blogs and providing other content support to companies.
Designing websites
Video editing
Designing logos
Social media marketing
SEO services
Maintaining social media profiles

1.How can I earn pocket money online?

It has become super easy for students to earn some extra income on the side with the sole help of the internet. From freelance writing jobs to data entry to tutoring online, there is a multitude of ways you can stock up that savings jar in the corner of your room.

2.Ways to earn pocket money daily?

There are a lot of unique avenues that help you earn some extra cash on the side daily. If you are not looking to get tied down in the form of a part-time employment opportunity, you can look to blogging, starting a YouTube career and even doing paid surveys where the organisation pays you for participating in their surveys. The internet has made earning pocket money daily easily accessible.

3.How can I earn pocket money through Google?

Google has expanded to include a variety of services under its umbrella including payment services, advertising services and many more entertainment services. Two interesting and very simple ways you can earn money from Google are by inviting users to GooglePay where you can earn as many as 100 referral rewards and through Google AdSense where you can connect their account to your search engine which helps you earn money by helping them showcase relevant advertisements in your search results.

4.How can I earn money as a student?

Opportunities to earn money are galore with the aid of the Internet. Being tech-savvy, students can make the most of these opportunities. Some of the ways students can channel their resources towards earning some extra bucks are data entry jobs, freelance writing gigs, taking paid surveys online, blogging and online tutoring among several other options.

And there you have it! 8 fantastic ways to increase your pocket-money earnings by simply working from home! Let us know in the comments section below if you found this article worthwhile.

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8 Ways for College Students to Make Pocket Money

Many students dream of starting to earn money in university . Unfortunately, not everyone knows where to start and what kind of activity can help them to start earning. Fortunately, you should not despair – and no there’s no need to ask your parents to give you more pocket money! Instead, here are some good ideas to help you make money in college.

Turn Your Hobby Into a Side-Hustle

Surely you have some kind of hobby that can potentially be converted into a stable income? Perhaps you can make rag dolls, weave baskets, draw portraits or write poetry. Any hobby you have is potentially in demand, so advertise online on sites such as Etsy, Fiverr or People Per Hour, and wait for someone to contact you.

As a rule, some hobbies are very popular so that you will have a lot of clients. But what if the amount of work prevents you from writing your papers? It’s important not to let your college work slip behind when you’re working, so you may need some extra help. Check essay writing websites reviews , and you will surely find something interesting.

Become a Freelance Social Media Manager

Many entrepreneurs create social media accounts to promote their products and services. The fact is that modern users willingly prefer to buy many items online, so Facebook and Instagram have become the major new marketplaces.

As a student, you are probably more familiar with social media than most business people. That is why you can become an SMM expert and manage client accounts. Post new discounts, notifications, and promotions to attract new users. This kind of work will not take you much time. However, you will earn some decent pocket money (and gain real world marketable skills) and will no longer have to ask your parents for financial assistance.

Get Paid to Watch Videos and Take Surveys Online

Sometimes part-time jobs on the Internet do not require any skills or talents. How about watching videos and taking surveys online ? Such simple activities will help you earn a little extra money every day and spend it on the things you need. Thousands of websites offer similar jobs, so you don’t have to spend a lot of time searching for opportunities.

But get ready that watching videos will take the lion’s share of your time in the evenings. It might be more difficult for you to craft your papers. So this is why you should use free essay samples to better understand where to start. This strategy will allow you to balance your academic life and part-time work.

Earn Money Shopping Online

How can you make money buying something online? First, some websites give you coupons or real money you can get while shopping. Secondly, some web services offer you to become someone else’s personal assistant. For example, some user wants to buy a product at the lowest price. But this person is not ready to search for such goods on the Internet. You can complete a task and find the cheapest item for a reward. A third way to earn money shopping is by become a mystery shopper to provide feedback for companies.

Become a Translator

Do you know several languages, and are you ready to become a translator? Then what have you been waiting for all this time? First, visit platforms like Upwork and create your account. Local users are willing to pay good money to translators, so don’t hardly hesitate. Then, follow the guide on the website and fill out your profile so that as many people as possible pay attention to you.

As a rule, your task will be the translation of texts, websites, or videos. But if you are highly fluent, you can try yourself as a simultaneous interpreter, which takes a high level of skill. But such work will give you a stable income.

Become an Online Tutor

How good is your knowledge? Maybe you’re good at math, physics, or English literature. That is why you can become an online tutor. Such people can make good money explaining to other students any academic nuances. So find other students who need your help and offer your services. As a rule, you can manage 2-4 online classes per week without harming your academic life.

Become a Crypto Miner

Mining digital coins will not make you a millionaire in a couple of months. At the same time, you can make extra money if you buy a computer and at least 3-4 video cards. Set up the mining algorithm and keep the computer turned on. Every day you will receive a reward in the form of digital coins that can be converted into fiat currency. If you are lucky with the exchange rate, then your monthly earnings will allow you not to worry about pocket money.

Become a Content Writer

Many entrepreneurs and companies need blog writers. If you have no problems crafting texts, you can become a content writer and earn money from the comfort of your home. Of course, you will unlikely buy a Lamborghini in a couple of months, but your earnings will be sufficient to meet many of your student needs.

Final Words

As you can see, earning money is not a problem for students. You have at least eight ideas for becoming financially independent. The above methods are equally good but involve a different degree of involvement. Choose the option that suits you best and enjoy your pocket money.

12 Effortless ways to earn extra pocket money

by Milica B | Jun 30, 2022 | Work from home

The ways to earn extra pocket money have never been easier. With the proper skills and strategies, finding an online gig can be quite effortless. Yet, everything in life takes some work.

There are many obvious pathways ahead. More often than not, it all comes down to your goals. Also, it matters how much you’re looking to automate your earnings.

Have you thought about earning an extra $200 a month? What about $2000 per month? Is that your main goal at the moment? Most people believe it would make huge progress.

Relying on your skill set, you could make a few hundred bucks. You could even earn a few extra thousand bucks per month. Let’s dive into those ways to earn extra pocket money online!

#1 Online tutoring

Some sites, such as Tutor.com , give resources for internet tutoring space. It is not a must to use a medium like this. Yet, these platforms provide a lower variance access point to the demand. You could likewise explore online tutoring gigs. You can uncover that on many other sites like Upwork, and many more.

What sorts of things can you coach online? You can teach a subject like mathematics or science. Or you may teach a language if you’re bilingual. Also, you can teach musical instruments such as the guitar.

#2 Building an e-commerce site

Ecommerce is a huge thing today. Yes, Amazon is the leader in this industry. Yet, clients are purchasing like crazy when they can dig up great offers. Some of the greatest online marketers are using this technique.

Notably, some even make a fortune out of this business. Some people think about classic e-commerce shops taking months and years to build. More often than not, that simply isn’t true.

#3 Starting a blog

Blogging is truly one of the best ways to make money on the internet. You might be assuming if it’s still attainable for new bloggers to make money. Is it that the competition intimidates you? Stop worrying about all these things! Nevertheless, you can build a profitable blog and make money by using the proper strategies.

Blogging needs dedication and consistency. This goes without saying! Also, it will take some time for your blog to acquire momentum before you see any revenue. Yet, it is definitely possible.

The first step to starting a blog is picking the niche. Niche is your main topic.

When it comes to this, you must be clear. There is an abundance of blogs on the web. Knowing that, try to provide an individual stance. If you do that, your readers are more probable to stick around.

You should choose your domain next. After some time, think about the design and all of that. There is plenty of fantastic help out there to assist you with this.

There are some free blog hosting sites and templates. However, do you want a promising business? If so, you need to be able to invest a few bucks in it!

After your blog is good to go, what then? You need to post every single day. Try not to post less than two posts a week. Likewise, promote your blog posts as much as you can.

#4 Assembling webinars

The webinar medium for selling is simply amazing. Making automatic webinars is one of the most practical crafts you could have. Some entrepreneurs even made $100 million in sales through webinars. That is by only selling other people’s outcomes, per se.

Webinars pursue a clear template and structure. They’re formulaic. If you can conquer that procedure, you can word-for-word dominate in this field. Uncover a terrific business idea or option. Let it be something you can sell that produces massive shares of value.

#5 Social media management

Social media management is a fantastic way to make money from home. The expansion of social media is huge. So, businesses are shouting to find their way in front of competitors.

Yet, most companies have no idea how they can grow their exposure. This is exactly where you come in. Making a social media management firm might take some time. Yet, it’s definitely worth it.

You can perhaps charge a monthly fee for each company to manage their social media. Doing this lets you earn a full-time income doing this gig.

#6 Affiliate marketing

Affiliate marketing is a starting point for selling items online. Yes, you do require some audience to sell these products to. Yet, you could make a substantial amount of cash online while doing it.

Some outcomes or services have very high profits per click. Let’s say you do everything right. In that case, you could readily make a profit on conversions. You just need to drive traffic to clear offers. Of course, you should always target the right interests.

You can locate affiliate marketing proposals on sites like CJ, Rakuten, and many more. Look for a suitable offer and be sure that you show it to the right audience. Lastly, never try to spam other people.

Tip: There are many ways to make money on vacation in 2022 . You just need your laptop and your best knowledge.

#7 Writing essays

Let’s say you have some great stories to share. They may be authentic stories about your life or fictional ones. Some people love reading and would want to read them. Many sites pay you for the right to publicize your essays. You may uncover some periodicals to pitch too.

You may correspondingly turn your writings into a blog. Yes, you should have a precise plan if you select this route. Blogs dedicated to niches tend to perform well. On the other hand, personal stories may not make that much revenue. As for blogs, you make money by assembling content people need.

#8 Making online courses

Making online courses is another great way to make extra money from home . That is a fact! This method, like nearly every other, needs some investment of time.

Yet, with any income source, you do the work once and get paid frequently after. Take any talent and uncover a way to build a system around it. Utilize sites like Udemy and Skillshare.

#9 Transcription jobs

Transcribing is a flexible gig that can pay quite well. This goes without saying! However, you need to have some fine articles in your portfolio.

High-paying transcription jobs often demand experience. Some even require special tools and medical or legal proficiency. But don’t be discouraged if you feel you would love the work. You can quickly begin by taking on some easy, smaller jobs.

How to make money by teaching online - 10 Tips for beginners

#10 Trade cryptocurrency

The Digital and financial revolution started long ago. Our currency evolves just like anything else. What appeared like a wonder yesterday will someday become the main substitute for money.

A study has shown that only 10% of people use cash today. So what does that mean to us? While cryptocurrency is still fairly new, it will eventually become the norm.

Bitcoin and Etherium may be the preliminary crypto platforms now. Yet, the US Dollar will ultimately evolve to be the Digital Dollar by using the blockchain.

You can take benefit from the existing crash in cryptocurrency. This is a truthful fact! You can do that by trading it via a platform like Binance and many others.

#11 Think about dropshipping

This is quite a popular way to earn money online with no hassle . In the report of Google Trends, dropshipping is all the rage now. Dropshipping is growing to be a business concept. An entrepreneur earned $7,000 in eight weeks.

Also, a shop owner earned six figures selling only one item. These are all evidence that dropshipping is a real way to make a few bucks online . Some will say this is stealing someone else’s work and products. However, these companies are aware of that and approve such work.

#12 Taking surveys on Survimo

Survimo is a place where you can make money online doing little work.

By completing surveys on Survimo, it’s possible to earn 5$ per survey. This is yet another great chance to earn some extra cash by taking surveys ! Payout couldn’t be more straightforward, by all means.

The money comes with just one click via PayPal. You can see all your profits in your Survimo dashboard. It’s, fun, effortless and you should take part in it.

Your responses will help make services better. They will make you a few extra bucks for sure. Also, you should know that doing this is 100% anonymous.

Final Words

As you can see, earning a few extra pocket bucks is easy. A laptop and the will to achieve something are more than enough to start. You need to do a little bit of research and be patient. If you have some skills yet, that is a huge benefit, by all means.

Yet, you can always take surveys or try some writing jobs for newbies. Sooner or later, you will notice that you earned quite a lot! The next step would be to get on to something more complex.

Essay On Pocket Money

Post category: Essay
Reading time: 6 mins read

Set 1: Essay On Pocket Money

Pocket money is a small amount of money that young children spend on the required things. Such money can be spent on what they like without giving the account to their elders. Generally, as far as teenagers are concerned, pocket money is given by their parents to help them pay independently for their requirements. However, the amount of pocket money depends on what one needs to pay for. It also depends on how much the parents can afford. Such kind of money may be given on a weekly, fortnightly or monthly basis.

Within the limits, children can always ask their parents for some money. Parents believe that their children have very few needs, other than food they have to buy from the school canteen. However, when teenagers go out with their friends they have more things to pay for like snacks, entertainment such as cinema tickets, purchasing or hiring audio or video CDs, books, magazines, etc. Other items they need to pay for may include recharge in their mobile phones, travel expenses, gifting friends on their birthday, etc.

Some youngsters may help their parents with household tasks to support their pocket money. However, up to some extent it is not sensible to attach an economic value to the household tasks. Some children find it as a fun to earn their own money whatever the amount is. They constantly look for different ways to earn extra pocket money.

There are several ways of earning pocket money. Some of them may help their neighbours or old people in the neighborhood. Helping them in weekly shopping is another way of earning some pocket money. With the permission of parents, one can also do some cutting of the grass for the neighbour or looking after their home when they are away. Teaching other students is a good way of supplementing our pocket money. These are some of the sensible ways of earning some extra pocket money.

Allowing children to earn, save and spend pocket money benefits both parents as well as the children. Pocket money helps to recognize the value of money in early years of life. They learn to be independent and may appreciate their parents as the breadwinners. They also learn the importance of being responsible for what they do, either at school or at part-time work.

Whether parents should allow teenagers to earn pocket money depends on the family conditions. However, at times, pocket money can prove to be a nuisance because no matter how much they get, sometimes it never seems enough.

Set 2: Essay On Pocket Money

Every student in school and college is provided with some pocket money to meet his small expenses. I am provided the pocket money by my elder brother. Though the amount is meager it helps me very often to buy something of great use.

The pocket money provided by my brother is only five rupees out of which I spend two rupees towards my Tiffin. With the remaining three rupees I spend according to my own sweet will either in visiting a a movie e of my great importance or on an outing or in visiting places of historical or cultural importance.

I do not make careless use of the pocket money given to y own way me to spend it in my own way. I save money out of my pocket expenses prudently after meeting my normal needs. I have cultivated this habit of saving from an early age. I do not make willful waste that brings woeful wants to men. I do not save money as a miser but save for future use.

Since I am not aware of the problems of the future I save money for the days of woes. I deposit the excess money in the passbook maintained in a bank. I spend the money in purchasing good books, dictionary and pen for my use. I derive great pleasure out of my pocket money. The money gives me the opportunity of doing something good to society in which I live.

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Get Paid to Write Essays: 21 Great Sites For Making Money

In a rush? Writers Work is a great place for getting paid to write essays. Our guide to the top essay-writing companies from academic to personal essays.

Academic writing can be an excellent way to make money. Students will pay writers to create example research papers or assist them in writing their school essays and papers. Learning how to write a 5 paragraph essay will open the door to more income potential. There are two primary methods to make money writing essays, and the first is to write academic essays.

Essay writing companies look for writers who can create high-quality English essays and academic-style papers, and you can make a good income as a freelance writer. The second method is to write personal essays and pitch them to online and print magazines. Either way, the income potential is quite good. The key is finding the right essay writing service company to write for so you can avoid any scams; these 18 are a good starting point.

Writers Work contains freelance writing opportunities for writers who want to start their career

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Writers Work is a popular platform for new freelance writers. It connects writers, including aspiring essayists, with online clientele, enabling you to fulfill tasks and earn income, all from the comfort of your office or library. You’ll need to pay a fee to sign up. Once inside, Writers Work aggregates dozens of writing jobs and opportunities across various niches and magazines. If you want to spend more time writing essays and less time pitching, it’s worth checking out. Read our Writers Work review to learn more.

Academic Writers Online has a free application process for potential freelancers. This site has a small pool of writers, so you have a better chance of getting quality freelance writing work here. They pay between $9 and $15 per page, and writers are paid on their credit card via wire transfer two times per month. You can also check out our guide on how to get paid to write a blog .

PaperHelp is an academic essay page that takes ghostwriters. You must submit a resume via email, then take a writing test. Understanding MLA and APA formatting is helpful for this page. After the initial test, they then put writers on probation for lower pay, and eventually, you can work your way up the writer ladder if you publish flawless work, opening the door to higher-paid work.

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Essay on “Pocket Money” for School, College Students, Long and Short English Essay, Speech for Class 10, Class 12, College and Competitive Exams.

Pocket Money

There are several ways of earning pocket money. Some of them may help their neighbours or old people in the neighbourhood. Helping them in weekly shopping is another way of earning some pocket money. With the permission of parents, one can also do some cutting of the grass for the neighbour or looking after their home when they are away. Teaching other students is a good way of supplementing our pocket money. These are some of the sensible ways of earning some extra pocket money.

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How I Spent My Pocket Money (Essay Sample)

Table of Contents

Introduction

If you had your own pocket money, how would you spend it?

This essay focuses on how to spend money, and how to do so wisely. In this piece, we share a person’s experience of being taught to spend money wisely and what he would buy when he was given a regular allowance.

Writing an essay on what you would spend your money on? We can help. Go to EssayBasics.com to learn more about our essay writing services . We can help you express yourself by pairing you with a writer who has some experience in your chosen topic.

How I Spend My Money essay

One of the most exciting events in a young one’s life is when their parents give them an allowance. No matter the amount, an allowance gives us the opportunity to spend on small things that make us happy as a child.

The joy that an allowance brings is more than just the amount itself. It’s really rooted in the experience one gets in choosing how to spend it. First, there’s the anticipation of receiving an allowance. Next, there’s the excitement of thinking about all the things you’ve been wanting to get for yourself. Third, there’s the delight of actually receiving the allowance. Finally, there’s the sheer thrill of choosing what to buy and taking it home.

How and when an allowance is given, and how much is gifted to the child, depends on the guardians’ principles. There are those who provide an allowance for children to buy basic needs. But there are some who might give a little extra to give the child an opportunity to learn how to handle money well.

It must be said that not all children are privileged to have an allowance to spend on themselves. If they come from a poor family, the guardians may not have any extra finances to give. They may save up for this just once in a while.

I am very blessed that my parents gave me an allowance on a regular basis. My allowance has really taught me financial stewardship at a very young age. They also allowed me to make decisions regarding my finances, even if I made mistakes.

Saving Money at a Young Age

While my allowance isn’t a fixed amount, I have since learned that the first thing I should do is set aside a portion of it for savings. I get a third of whatever amount I get and earmark it for saving.

To make sure that I won’t be tempted to use it, my mom helped me open a bank account where I deposit the money. They opened a time deposit account, which means I cannot just withdraw from it anytime. Whenever I hesitated to go to the bank, my dad would remind me that my small deposits would turn into one big bulk of cash that could someday be used for a rainy day, or for strategic investments.

How I Spend Money with Whatever is Left

With what’s left of my allowance, I usually buy books. These are mainly documentary magazines, which I read during my leisure time. It is actually one of my hobbies. I have made it a personal tradition to always purchase a documentary magazine each time I get my regular allowance. I particularly enjoy news magazines and feature magazines. I am a lover of general knowledge. I love knowing about everything, how and why things are the way they are – whether about nature, politics, science, or geography. It is always a first on my list of hobbies.

The other bit of my regular allowance goes towards the purchase of snacks. I love yogurt and ice cream. The refrigerator at home always has a shelf specifically reserved for my yogurts.

The remainder of my allowance goes towards others. These include my family and friends. I try to buy them something nice as a way of thanking them for taking good care of me.

I also go out of the way to purchase some gifts for my siblings as well as my parents. I want to gift them with simple things, even if they were the ones who gave me my allowance. Doing this for them gives me so much satisfaction since I love making them happy. After all, what is life without happy family and friends?

Regular allowances taught me how to make wise spending decisions. I know how to handle and spend my cash, whatever amount it might be. Therefore, I am confident that when I start handling larger amounts of money in the future, I won’t be as overwhelmed. I will make it a point to remember the financial lessons I’ve learned as a child. I hope to also be able to teach others who to use their money wisely.

Short Essay About What You Would Spend Your Money On

Did you grow up being taught about the value of saving money? If you were like me, your mom and dad probably gave you a regular allowance. They also probably gave you free rein to use your money in whatever way.

Growing up, I deposited regular amounts into my savings account the moment my allowance was handed to me. I did not want to be tempted to splurge on all the food I was craving for while holding all of my money. Personally, apart from fast food, I enjoyed treating myself to books. In fact, I made it a regular tradition to purchase a book every time I got my allowance.

I remember being taught how to make a personal budget out of my allowance. Exactly how much money was given to me didn’t matter as much as the main principle they passed on: save money. They didn’t care if I used the rest of my allowance on junk food or other types of impulse buying. All that mattered to them was whether or not I set aside a portion to put in a savings account. And so I did.

How To Write An Essay About Money

There are so many ways to write a piece about finances. It depends on the lens you are viewing the topic from. Are you an adult looking back at your childhood and remembering important lessons learned? Are you a financial expert looking to give some advice on how to maximize your cash? Are you a student wanting to teach people how to set aside an amount in case of an emergency? Are you a parent who discovered creative hacks in your finances to make ends meet? Find your angle and work it.

How To Spend Money Wisely As A Teenager

When you are young and still living under your guardians’ roof, thinking about contingencies or other things you may be needing to buy before your next allowance comes may not come naturally to you. It is so important to learn how to handle your personal finances even at that age because that sets the direction of your spending in the future. When you start getting a monthly income, the weight of the responsibility is even greater as you start to live independently. Even as a teenager, learn to set financial goals and think of the long game. Even if you have to put money inside a piggy bank to avoid temptation, do so. Track your expenses and make adjustments according to your level of contentment. Learn the art of investing from an expert. Finally, don’t shop ’till you drop. It’s a trap.

Pros and cons of pocket money – is giving an allowance a good idea?

Our money expert explores the benefits and drawbacks of pocket money and whether kids should have to earn the money they are given

young girl putting coins into a jar labelled pocket money

Pocket money can be a great way to teach children about the value of money and money management, but it has both its advantages and drawbacks.

Experts say giving your child an allowance can encourage them to take responsible decisions and build independence, and right now, teaching your kids about money has arguably never been more important.

You can also use a pocket money app to encourage your children to develop good money habits and then, as your offspring get older, you can look for the best bank accounts for kids .

Co-founder of money app GoHenry, Louise Hill , says: “It doesn't matter how much you give – it can be 5p or £5 – but the act of paying regular pocket money helps open up conversations around money, and gets children thinking about the four key pillars of money management: spending, saving, earning, and giving.

“You can help kids understand where it comes from; why it's important to save; that when it's gone, it's gone; and the role donating to people less fortunate plays in society. This is even more important as we move to a cashless society and children don’t see physical money exchanging hands in the way we used to.”

Pros of pocket money

According to GoHenry’s Youth Economy Report 2022 , the average pocket money received by children in the UK is £7.62 a week. Most parents increase pocket money with age, with seven-year-olds typically receiving £3.52 a week, 10-year-olds £4.58 and 16-year-olds £13.32.

But regardless of the amount, there are numerous advantages to giving pocket money.

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1. It teaches children about money management

Having a set weekly allowance will help your children learn to prioritise and budget for the things they want. It will also teach them that their supply of money is finite.

Claire Saunders, certified financial coach at Mint Coaching , says “Pocket money is usually the first opportunity children have to learn and understand the value of money and to navigate financial responsibility. By receiving regular pocket money, children can make choices as they learn how to save, budget, and make spending decisions.”

2. Children can learn about earning money

Understanding the link between money and work is a vital part of kids’ financial education. For young children who aren’t old enough to get a part-time job, paid tasks can be a good introduction to the world of work.

Some parents might also tie pocket money into rewarding good behaviour. Dani Kumrou, mum to 12-year-old Ellie-rose and user of GoHenry, says: “When Ellie-rose was really young we had a reward chart where she’d get stickers for doing things like putting her toys away, eating her fruits and vegetables, playing nicely and sharing with her friends. We would then give her pocket money so she could save up and buy a new toy. So, she learned from a really young age that good behaviour pays rewards, and you should always be good and kind.”

3. It can help get your kids in the savings habit

Parents should encourage children to save a proportion of their pocket money for future large purchases – this can teach them about delayed gratification. You can encourage them to save by paying ‘interest’ on the money they put aside, or matching their savings for specific items.

Dr Lily Canter , a journalist and mother-of-two, says: “I have been giving my boys pocket money from a young age. They both got it from age six and they get £1 a week. It has really helped them to understand the value of money. If they want a magazine, toy or treat for example they have to buy it.

“They both got savings accounts at seven and top this up with their pocket money regularly. My eldest bought himself a laptop at age eight with the money he had saved from pocket money and birthday money from relatives.”

mother and daughter sitting on the floor putting coins into a piggy bank

4. Children can apply maths skills to everyday life

Unfortunately, personal finance isn’t widely taught in schools. But maths is. By giving your kids pocket money you can tie the two subjects together and show your children real life examples of maths at work.

With young children, this can mean helping them calculate how much they will have left after spending some of their money. For older children, you might increase their pocket money in line with inflation or by a percentage.

Cons of pocket money

While there are numerous benefits of pocket money, there are significant disadvantages that should be considered.

1. It can be hard to spare the cash

If you’re strapped for cash at the moment, you might struggle to fit pocket money into your household budget. You might also think twice about giving your kids money if you think they will just fritter it away.

If you don’t have much money to spare, don’t feel pressured to give your kids a large amount. Even a pound or two a week can give young children the feeling of independence.

2. Some children might waste their pocket money

Without the right advice about money, some children may spend it as soon as they get it, rather than saving. They might also spend it on the ‘wrong’ things.

“There’s potential for teenagers to spend their pocket money on unhealthy or risky purchases – think alcohol, cigarettes or excessive amounts of junk food. A good way to manage this is to open up an app or account such as GoHenry, Natwest Rooster or Revolut, rather than giving them cash,” says a MoneyExpert spokesperson, “This way, you’ll have a better idea of how their money is being spent, whilst still giving them the financial freedom they need to learn.”

3. Watch out for entitlement

If your child doesn’t have to work for their money, he or she might develop a sense of entitlement, rather than realising money has to be earned. This could be the case if you are particularly well-off or give your kids an above-average allowance.

Goodto.com's Money Editor Sarah Handley says: "While your intentions may be generous, if you give your children too much pocket money it could harm their long-term relationship with money. They could be less motivated to earn their own money in the long run, or not fully grasp the idea and sense of achievement of saving up for a bigger purchase."

4. Money can provoke jealousy

Most parents increase the amount of pocket money they give their child as they get older. But this means older siblings get more than younger children – which can cause tensions.

Jealousy around money can be even more tricky outside of your family. Can your child cope with having more or less money than their friends? If this is of concern, it could be helpful to ask around to find out the going rate for pocket money in your child’s class.

Should children have to earn their pocket money?

According to a study by Halifax , more than four in 10 (44%) parents think children should only get pocket money if they do chores. But, perhaps unsurprisingly, more than half of children (55%) feel they should be given money, regardless of whether they do anything to earn it.

“Some parents believe that chores are a natural part of family life, and children should contribute to the household without monetary incentives. Others think that paying children for doing chores teaches them the importance of hard work and responsibility,” says Claire at Mint Coaching.

“In our family, we have chosen not to link pocket money to chores, as we believe helping round the home is a responsibility for the whole family. However, we might choose to pay our children if they are doing a ‘job’, that is outside of what we consider to be regular chores, such as cleaning the car.”

Emma Lunn is a multi-award-winning journalist who specialises in personal finance and consumer issues. With more than 18 years of experience in personal finance, Emma has covered topics including all aspects of energy - from the energy price cap to prepayment meter tricks, as well as mortgages, banking, debt, budgeting, broadband, pensions and investments. Emma’s one of the most prolific freelance personal finance journalists with a back catalogue of work in newspapers such as The Guardian, The Independent, The Daily Telegraph, the Mail on Sunday and the Mirror.

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Essay on Money for Students and Children

500+ words essay on money.

Money is an essential need to survive in the world. In today’s world, almost everything is possible with money. Moreover, you can fulfill any of your dreams by spending money. As a result, people work hard to earn it. Our parents work hard to fulfill our dreams .

Furthermore various businessmen , entrepreneurs have startup businesses to earn profits. They have made use of their skills and intelligence in getting an upper hand in earning. Also, the employee sector works day and night to complete their tasks given to them. But still, there are many people who take shortcuts to success and get involved in corruption.

Black Money

Black money is the money that people earn with corruption . For your information corruption involves the misuse of the power of high posts. For instance, it involves taking bribes, extra money for free services, etc. Corruption is the main cause of the lack of proper growth of the country .

Moreover, money that people having authority earns misusing their powers is black money. Furthermore, these earnings do not have proper documentation. As a result, the people who earn this do not pay income tax . Which is a great offense and the person who does this can be behind bars.

Money Laundering

In simple terms, money laundering is converting black money into white money. Also, this is another illegal offense. Furthermore, money laundering also encourages various crimes. Because it is the only way criminal can use their money from illegal sources. Money laundering is a crime, and the people who practice it are liable to go to jail.

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Also, every bank account has its own KYC (Know your Customer) this separates different categories of income of people. Businessmen are in the high-risk category. Then comes the people who are on a high post they are in the medium-risk category. Further, the last category is of the Employee sector they are at the lowest risk.

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White Money

White money is the money that people earn through legal sources. Moreover, it is the money on which the people have already paid the tax. The employee sector of any company always has white money income.

Because the tax is already levied on their income. Therefore the safest way to earn money is in the employment sector. But your income will be limited here. As a result, many people take a different path and choose entrepreneurship. This helps them in starting their own company and make profitable incomes .

Every person in this world works hard to earn money. People try different methods and set of skills to increase their incomes. But it is always not about earning money, it’s about saving and spending it. People should spend money wisely. Moreover, things should always be bought by judging their worth. Because money is not precious but the efforts you make for it are.

Q1. What is Black Money?

A1. Black money is the money that people earn through illegal ways. It is strictly prohibited in our country. And the people who have it can go to jail.

Q2. What is the difference between Black money and White money?

A2. The difference between black money and white money is, Black money comes from illegal earnings. But white money comes from legal sources with taxation levied on it.

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Pocket Money Essay

My parents give me twenty pound pocket money per month. i can earn extra money by doing house hold task e. g. washing up, ironing but i have to tidy my room regularly. i think twenty pound is sufficient. Sometimes my dad will give me extra money to go shopping. when I go shopping I buy lots of clothes from topshop and some new shoes, but it is nearly Christmas so I am saving up for Christmas presents for my family.

2. no, i do not have a little job because i do not have time to work and i am too young. ut if i could, i would like to have a little job on Saturday evenings, in a restaurant being a waitress. Then i could earn my own pocket money. 3. (yes, last summer I had a job as a waitress, I cooked food and served it to customers. I worked there for 3 weeks and i earned enough money to buy myself a bracelet as I earned 7.

00 pound an hour) no, i have not already done a work experience as i am too young, but i am doing it in six months. in six months i am going to work in the law courts, as it interests me greatly and i would like to do it when I’m older. find the law courts very interesting and there is good pay.

4. the advantages of a work experience is that it is useful, and motivates you to work hard. it helps you to choose a profession and get used to the world at work.

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one could also learn a lot eg how to socialise, and work hard. i am looking forward to seeing what the law courts are like. 5. i would like to become a lawyer, because i am very interested in crime and justice and i think i would be good at arguing for. some lawyers are very valued and earn good money 6. nemployment is a problem for young people as it is difficult to find a job opportunity because of the economic crisis which means we cant get a good job and earn money. 1. Mes parents me donnent vingt livres d’argent de poche par mois. je peux gagner de l’argent en faisant par exemple les tache menageres les vaisselle,repassage, et je dois ranger ma chambreregulierement. Je pense que ? 20 est suffisant. Parfois, mon pere va me donne plus d’argent pouraller faire du shopping. uand je fais du shoppingj’achete beaucoup de vetements de Topshop et de nouvelles chaussures, mais il est bientot Noel et je suis donc a economiser pour les cadeaux de Noel pour mafamille. 2. Non, je n’ai pas de petit boulot parce que jen’ai pas le temps de travailler et je suis trop jeune. maissi je pouvais, je voudrais avoir un petit boulot le samedi soir, dans un restaurant comme serveuse. Ensuite, je pourrais gagner mon propre argent de poche. 3. (oui,l’ete dernier, j’ai eu un emploi comme serveuse, je les aliments cuits et servis aux clients.

Ways To Earn Pocket Money Essay

J’y ai travaille pendant 3 semaines et j’ai gagne assez d’argent pourm’acheter un bracelet que j’ai gagne ? 7,00 de l’heure)Non, je n’ai n’est pas encore fait un stage en enterprise que je suis trop jeune, mais je le fais en six mois. Dans six mois je vais travailler dans les tribunaux, car se m’interesse beaucoup et je voudrais le faire quand jesuis plus vieux. Je trouve la loi tribunaux tres interessant et il ya un bon salaire. 4. les avantages un stage en enterprise est qu’il est utile, et vous motive a travailler dur au college. il vous aide a choisir uneprofession et de s’habituer au monde du travail. n peutaussi en apprendre beaucoup par exemple, commentsocialiser, et le travail acharne. Je suis impatient devoir ce que les tribunaux sont similaires. 5. Je voudraisdevenir avocat, parce que je m’interesse au crime et a la justice et je pense que je serais bon a valoirpour. certains avocats sont tres apprecies et gagner de l’argent bon 6. le chomage est un probleme pour les jeunes car il est difficile de trouver une possibilite d’emploi a cause de la crise economique qui signifieque nous ne pouvons pas obtenir un bon travail etgagner de l’argent.

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Home — Essay Samples — Economics — Money — Methods of Making Money

Methods of Making Money

Categories: Money

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Words: 568 |

Published: Dec 18, 2018

Words: 568 | Page: 1 | 3 min read

Works Cited

Fidelity Investments. (2022). Understanding investment options. https://www.fidelity.com/learning-center/investment-products
Investopedia. (2022). How to invest in stocks. https://www.investopedia.com/articles/basics/06/invest1000.asp
Kiyosaki, R. T. (1997). Rich dad poor dad. Tech Press.
Mullainathan, S., & Shafir, E. (2013). Scarcity: Why having too little means so much. Macmillan.
O’Leary, K. (2011). Cold hard truth: On business, money & life. Doubleday Canada.
Ramit Sethi. (2019). I will teach you to be rich: No guilt, no excuses-just a 6-week program that works. Workman Publishing Company.
Seligman, M. E. (2011). Flourish: A visionary new understanding of happiness and well-being. Free Press.
The Balance. (2022). Guide to investing.
The Penny Hoarder. (2022). Make money online. https://www.thepennyhoarder.com/make-money/
The Simple Dollar. (2022). Investing.

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Pocket Money

Pocket money is what parents give to their children to spend. A child can spend his pocket money as he or she likes. Sometimes parents guide a child as to how to spend it wisely. Poor parents may not give pocket money to their children regularly. But they do give as often as they can afford. They give it, especially at festivals and fairs. My parents allow me a good amount of pocket money. It is not fixed. It varies from month to month. My father is a businessman. Whenever he is in a jolly mood because of good business, he gives me a fat purse as my pocket money. I do not spend all my pocket money. I save a part of it and deposit it in my bank account. I have opened a Savings Bank account in a nearby bank. I buy books on chess as it is my hobby. I have a good collection of books on the subject. Once in a while, I go to see a dance recital or a stage play with my friends. I also spend some of my pocket money on sweets and ice-creams. Once I helped Ravi to pay his school fee out of my pocket money. His father was away on a tour and he did not have sufficient money. He felt so obliged. After his father’s return, he soon gave me my money back. Last year I gave my mummy a pleasant surprise by presenting her with a beautiful watch on her marriage anniversary. I had bought it from the savings of my pocket money. I often buy things for my little sister out of it. She feels so delighted whenever I surprise her with sweets, a pencil box, and a fancy dress. My pocket money has helped me to learn how to spend wisely and save simultaneously. It is easy to spend, but to spend wisely is a bit difficult. But to save money is more difficult.

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Pocket Money should be given to children. To what extent do you agree or disagree.

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15 Ways To Make Money Fast in 2024

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Looking for creative ways to boost your income or pad your savings? A side gig could be just the solution you’re searching for. From driving for a ride-share service to completing online surveys, delivering packages or capitalizing on your unique talents, the possibilities for earning extra cash fast are endless. Keep reading to learn about 15 ways to build your wealth.

How To Make Money Fast: 15 Ways

There are plenty of ways to get money fast, whether you’re looking to make money in just a single day, online at home or via a side hustle . Here are some income generation methods that can help you make money quickly.

1. Sell Your Gently Used Items on Craigslist or Facebook Marketplace

Earnings vary by item

Do you have gently used items that you no longer want? If so, there probably is someone — or several someones — who gladly will pay you for them. Take a few photos, write a brief description and post your items for sale on Craigslist or Facebook Marketplace.

You also can make a tidy profit by selling high-quality clothing and accessories on platforms such as Poshmark or Tradesy.

2. Trade in Old Gadgets and Electronics for Cash

Earnings vary by gadget condition and model

To make quick cash with minimal effort, try trading in your old, unwanted electronics for cash . Here are some items to consider:

Fitness trackers
Game consoles

Buyback services will purchase old gadgets and electronics like these online. Some electronics buyback services include ItsWorthMore, Decluttr, Gazelle and Trademore. You can also use eBay and other third-party marketplaces to price your items appropriately and sell them independently.

3. Sell Unused Gift Cards

Earnings vary by gift card value

If you have unwanted gift cards gathering dust in a drawer, sell them. You might not get full face value for the cards, but it’s not like you’ll take a loss. Remember, you didn’t buy them — it’s essentially free money in your pocket.

Sell unused gift cards on Craigslist, Facebook Marketplace or eBay. Or visit sites such as CardCash to see how much you can sell your gift card for and make the sale in just a few clicks. You also can offer gift cards on your social media accounts to see if there are any takers.

4. Work as a Freelancer

$5 or more per project

Fiverr is a great place for first-time freelancers looking to build experience and their portfolios. From logo design and animation to editing and voice-over work, you can find tasks suited to your skills. Prices start at $5 per project.

Once you accumulate feedback, referrals and experience, you can start charging much more. Some people have taken their Fiverr gigs full-time, with jobs paying as much as $10,000 per project, according to the company’s website.

5. Track Down Unclaimed Money

The amount you might find can range from a few dollars to thousands, depending on what’s owed to you.

About one in seven Americans have unclaimed property that’s being held by state governments and treasuries, according to the National Association of Unclaimed Property Administrators. If you’ve ever rented an apartment, switched banks or insurance companies, changed jobs, purchased traveler’s checks or paid a utility deposit, you could be one of them.

Each state maintains its own unclaimed money database you can search for free. The U.S. government maintains a web page, located here , that links to state sites as well as to federal government resources for finding unclaimed VA life insurance, FHA mortgage insurance, tax, investments, savings bonds and other funds.

6. Open an Online Dropshipping Store

About $2,000 per month

Amazon and Shopify are two sites where you can open your own store, automatically add products and have the products shipped directly from the suppliers to your customers. You’ll need to do your due diligence when it comes to selecting products and suppliers and marketing your store, but both platforms have extensive educational resources to help you get started. Shopify’s dropshipping app also has lots of information plus a profit margin calculator.

Shopify says dropshippers can make $2,000 per month working part-time on an established store.

7. Be an Affiliate Marketer

Up to $300 a day or more

Affiliate marketing involves sharing products online and earning a commission by joining one or more affiliate programs, such as Amazon Associates, ClickBank or ShareASale. You’ll earn by promoting and selling those products through your blog or social media channels .

According to Affise, a performance marketing platform for advertisers, low-level affiliates can earn up to $300 a day, while high-level affiliates can earn more than $3,000 a day.

Affiliate marketing can be an entire career — not just a side hustle — based on passive income, which is as close as most people will ever get to free money .

8. Become an Online Survey Taker

Up to $16 an hour

It’s not the most exciting side hustle, but there is money to be made by filling out online surveys. Many sites such as Survey Junkie and Swagbucks allow users to earn cash and gift cards.

You also can visit the website of the Columbia Business School Center for Decision Sciences to sign up for online research studies that pay about $16 an hour.

9. Be a Rideshare Driver

$21 per hour (median)

Driving for a rideshare service like Uber or Lyft makes it easy to earn money in your spare time, using your own vehicle. Both services require a background check as part of their application process, but once you’ve been accepted, you can start driving right away and cash out multiple times each day.

10. Be a Delivery Driver

$18 per hour (median)

Spark, Amazon Flex, GrubHub, Roadie, UberEats and DoorDash are just a few of the companies that pay drivers to make deliveries using their own car. Rules, pay and requirements vary by company and platform. However, you can stack delivery gigs to maximize your time.

11. Tutor Students Online

$18.30 per hour on average

If you have a computer, an internet connection and expertise in just one subject area, you can tutor students online. TutorMe hires tutors in more than 300 subjects and pays $16 an hour. Preply uses tutors in more than 100 subjects. Tutors set their rates and earn an average of $18.30 per hour, according to Preply’s internal data.

12. Work as a Virtual Assistant

Average income of $24 per hour

A virtual assistant can work for an individual or a big business, performing tasks that include responding to customer phone calls, setting appointments, assisting with travel or event planning, or posting to social media. Since many people do these things daily as part of their personal agendas, they are well suited to virtual assistant jobs.

13. Become a Pet Sitter or Dog Walker

Median income of $14.32 per hour

Sign up to watch pets while their owners are out of town. Pet-sitting sites, such as Rover, connect pet owners with sitters for a cut — 15% to 25% — of the sitter’s earnings paid by client users. According to the Bureau of Labor Statistics, pet sitters make a median of $14.32 an hour, or $29,790 a year.

14. Mow Lawns

Median income is $17 an hour

Lawn care is a booming industry; it takes little more than owning a lawn mower and a weed trimmer and being willing to work. Depending on the lawn size, you can expect to rake in between $17 an hour on average or more .

So, how do you get started?

Once you have the equipment, take a stroll through your neighborhood and look for lawns the owners haven’t mowed or maintained. When you find them, knock on the front door and explain that you’re a neighbor starting a lawn care service and would like to take care of their lawn.

Chances are, you’ll run into “no” plenty of times before you get your first “yes,” but don’t let that discourage you. Keep trying until you build a lucrative lawn-care service.

15. Access Your Paycheck Earlier

Although not really a way to “make money,” this tip can help you gain access to your money faster if you’re in a pinch. Many banks offer early access to paychecks you have direct-deposited into your checking account. You can also check into paycheck advance apps to help you access your paycheck two to three days faster than regular bank processing times — or instantly if you want to pay an extra fee, such as 1%.

What To Avoid When Looking for Fast Cash

While you might be desperate to get your hands on some quick cash, there are some avenues you should avoid , including payday loans, car title loans and high-interest personal loans or debt consolidation loans. All of these types of loans can come with fees and astronomical interest, which can saddle you with expensive debt that can be difficult to pay off.

Also, be wary of online jobs that don’t require any special skills, education or experience but have a high rate of pay or generous perks. If an opportunity seems too good to be true, it likely is. Unfortunately, many online job offers can be scams .

How To Build Sustainable Wealth

Once you’ve made extra money, you should focus on setting yourself up for long-term financial success. It isn’t just about how to make money fast, but also about keeping it.

If you’re a beginner when it comes to investing , take time to set your investment goals. Here’s what you should think about:

Figure out how much you can budget for investments.
Choose your investment types based on your risk tolerance .
Choose a platform to invest with.

With these in mind, you can create a solid foundation where you can not only begin building your wealth but also continue maintaining it.

Creating a budget allows you to compare your income to your expenses, as well as to set goals for spending and saving. While there are different budgeting techniques, all of them revolve around tallying your expenses and reducing expenses where you can.

Saving Money

Regardless of how you choose to make money, you need to be able to store your cash safely and have easy access to funds when you need them.

Opening a savings account can be your first step to building sustainable wealth. And if you find that you need more help in reaching your savings goals, you can work with a qualified and reputable financial advisor.

If you’re looking for how to make money fast, there are plenty of options available. Scroll through this list, assess which methods align with your skills and resources and don’t hesitate to take the first step today.

FAQ About Making Money Fast

One of the best ways to get money immediately is to sell your unwanted goods. Used electronics, unused gift cards and several other items you might have lying around your house may be just what you need to immediately put some money in your pocket. Of course, selling things isn't the only way to make money fast. Use any of the options above to get your hands on the money you need.
It may be difficult to earn $1,000 today, but it's not impossible. Start by looking through your home for items of value that you're not using. Do you have an old computer, 3D printer or any other piece of technology you can sell? What about gently used clothing or kitchen items? Next, try to find private buyers and sell them as many of your items as possible.
Take the items you have left to the pawn shop . Of course, pawn shops are in business to make money, so you'll get less than you would for selling your items to a private party, but they can get you closer to your $1,000 goal . Keep in mind that pawn shops will try to lowball, so it's best to negotiate to try and get as much money for your items as possible .
Just about anything on the list above can help put $100 in your pocket quickly. Sell your gently used items, give people rides using a ride-sharing platform like Uber, become a music coach or take advantage of any of the other tips mentioned above.
You can make $500 quickly in multiple ways, but the easiest way is likely to sell your unwanted goods. It might surprise you how much money you have tied up in unused items collecting dust around your house.

Daria Uhlig , Joshua Rodriguez and Cynthia Measom contributed to the reporting for this article.

Information is accurate as of April 10, 2024.

The article above was refined via automated technology and then fine-tuned and verified for accuracy by a member of our editorial team.

Our in-house research team and on-site financial experts work together to create content that’s accurate, impartial, and up to date. We fact-check every single statistic, quote and fact using trusted primary resources to make sure the information we provide is correct. You can learn more about GOBankingRates’ processes and standards in our editorial policy .

Bureau of Labor Statistics. 2022. "Animal Care and Service Workers."
Affise. 2023. "How Much Can You Earn in Affiliate Marketing in 2021?"
Payscale. "Payscale."
Indeed. "Indeed."
Ziprecruiter. "Ziprecruiter."
Rocket Homes. 2022. "12 Garage Sale Tips To Turn Clutter Into Cash."
Parents. 2022. "How Much Do Piano Lessons Cost?"
Bob Vila. 2023. "How Much Does Lawn Care Cost? Lawn Mowing and Maintenance Cost Breakdown."
CNBC Select. 2023. "Thinking of consolidating your debt? Here are four signs it could be the right move for you."
Nolo. "Fast-Cash Options to Avoid If You Need Money."

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Engineer Your Finances

15 Super Easy Ways to Keep More Money in Your Pocket

Posted: March 11, 2024 | Last updated: March 11, 2024

<p>Saving money doesn’t have to require drastic changes in your life. Often, small, simple habits can lead to significant savings over time. Here are 15 easy strategies that can help you save money without having to pinch pennies.</p>

Saving money doesn’t have to require drastic changes in your life. Often, small, simple habits can lead to significant savings over time. Here are 15 easy strategies that can help you save money without having to pinch pennies.

<p>You can shop for groceries and deliver them to busy customers. With a car or bike, you can turn grocery shopping into an easy side job to make some extra money. Apps like Instacart or Shipt are a great way to start.</p>

1. Avoid Shopping Hungry

Never enter a shop when you’re hungry. Shopping on an empty stomach often leads to impulse buys and unnecessary spending. It’s a simple but effective way to stick to your budget.

<p>Restaurants are expensive, including for takeout and delivery. Cooking your own meals can drastically cut your food costs, and you’ll appreciate restaurants more when you do go to them.</p>

2. Cook Mostly at Home

Try cooking at home more often. Not only is it healthier, it’s usually cheaper than dining out. Home-cooked meals can lead to substantial savings over time.

<p>There are a lot of ways that a library can serve you. They rent movies and books for free, of course, but many also rent things like DVD players and other equipment. Some even rent out items like DIY kits for crafts and home improvement. They also have meeting rooms you can reserve for your group get-togethers.</p>

3. Utilize Local Libraries

Libraries are treasure troves of free resources, including books, audiobooks, and more. Overcoming any stigma about using libraries can unlock a world of free entertainment and education.

<p>Twitch, YouTube, Amazon, and other streaming services have increased subscription prices, raising questions about their motives. This shift reflects a broader industry trend of prioritizing revenue over low-cost subscriptions, potentially impacting users’ wallets.</p>

4. Explore Free Streaming

Services like Tubi, Freevee, and PlutoTV offer quality entertainment for free. Many excellent shows and movies are available on these platforms, challenging the notion that you need to pay for good content.

<p>Of course, you should only go to a dentist for any dental work beyond a cleaning, but not all dentists are the same. A dentist who charges a lot less than another for the same procedure may not specialize in it, and you could be in for pain and more procedures.</p>

5. Practice Dental Care

Taking care of your teeth with regular brushing and flossing is crucial. Preventative dental care now can save you thousands later in avoiding major dental work.

<p>Avoid buying convenience items. For example, instead of a single cold soda, buy a 12-pack. Convenience stores often charge a premium, so planning ahead can save money.</p>

6. Skip Convenience Items

Avoid buying convenience items. For example, instead of a single cold soda, buy a 12-pack. Convenience stores often charge a premium, so planning ahead can save money.

7. Eliminate Storage Units

Get rid of your storage unit and most of its contents. Often, storage units are a costly way to keep things you don’t really need or use.

<p>Here’s one last example of poor car-buying advice before we move on, and it might be the worst. First, the interest rate on a car loan will probably be lower. Second, don’t max out your credit card on a car. Finally, you’ll still lose the car and/or face penalties if you don’t pay the bill; a credit card is not a runaround.</p>

8. Use Cashback Credit Cards

Buy everything with cashback or reward credit cards. It’s like earning free money for purchases you would make anyway, potentially adding up to a significant amount annually.

<p>You can also buy things at thrift stores and get a great bargain. Some of what you’ll find there is junk, but be discerning and look for items that are good quality.</p>

9. Shop Secondhand

Secondhand shopping is not only economical but also environmentally friendly. You can find most items in good condition at a fraction of their original price.

10. Make Your Own Dough

Learning to make dough for pizza, buns, noodles, and tortillas can be fun and cost-effective. Making it at home is often cheaper and healthier.

<p>Most online banking systems today will allow you to set up automatic savings. This can be used to automatically move money into a savings account, index fund, retirement fund, etc. so that you don’t have to worry about trying to save that amount of money. As soon as you’re paid, the money is transferred.</p>

11. Save a Paycheck Percentage

Set aside a certain percentage of your paycheck into a savings account. Choose an account that’s not easy to access impulsively and ensure it bears interest.

<p>There actually are people who do this. It doesn’t keep bill collectors from coming after you. Plus, you could be at risk of prosecution for creating fraudulent accounts.</p>

12. Hold Off on New Phones

Resist the urge to buy the latest phone releases. Often, the upgrades are minimal and not worth the cost.

<p>Opt for water over pricey beverages when dining out. Not only will this habit save you money on your restaurant bill, but it’ll also help you stay hydrated and make healthier choices.</p>

13. Choose Water at Restaurants

Opting for water instead of soda at restaurants is a simple way to cut down on dining costs. It’s healthier and lighter on the wallet.

<p>Some states and countries collect deposits when you buy glass bottles and some other beverage containers. You can collect returnable bottles and cans and get paid for them while also making the world a little cleaner. Selling scrap metal is also an easy way to earn some quick cash.</p>

14. Embrace Recycling

Recycling is better for the planet and your wallet. Thrift stores, library sales, and yard sales are great places to find bargains.

<p>While a cup of coffee can provide a much-needed energy boost, excessive caffeine consumption can lead to dependency and withdrawal symptoms.</p>

15. Brew Coffee at Home

Making your coffee at home instead of buying from places like Starbucks can lead to significant savings. Home brewing allows you to enjoy your daily caffeine fix at a lower cost.

<p>Getting older is a difficult thing to face. Unfortunately, it also comes with certain financial considerations that will affect your retirement planning. Here are 10 hard financial truths about aging that you can’t afford to ignore.</p><p><strong><a href="https://www.engineeryourfinances.com/10-hard-financial-truths-about-aging-you-cant-afford-to-ignore/">10 Hard Financial Truths About Aging You Can’t Afford to Ignore </a></strong></p>

10 Hard Financial Truths About Aging You Can’t Afford to Ignore

Getting older is a difficult thing to face. Unfortunately, it also comes with certain financial considerations that will affect your retirement planning. Here are 10 hard financial truths about aging that you can’t afford to ignore.

<p>Looking for some ways to save money at home? Now is the time to cut expenses, save some money, and keep your money in your wallet. Here are some simple ways to save money at home this year. Whether it’s as simple as switching what you buy when you go to the store or being a little more creative in the ways you use items in your home, maybe some of these ways will work for you!</p> <p>Here are 30 ways to save money at home and put more in your pocket.</p>

30 Super Simple Ways To Save Money at Home in 2024

Looking for some ways to save money at home? Now is the time to cut expenses, save some money, and keep your money in your wallet. Here are some simple ways to save money at home this year. Whether it’s as simple as switching what you buy when you go to the store or being a little more creative in the ways you use items in your home, maybe some of these ways will work for you!

Here are 30 ways to save money at home and put more in your pocket.

<p>Even if you’re not poor, you sometimes feel that way, and you probably have some tricks and tips for coping with that. In this article, we’ve compiled several poor hacks that people utilize at least a few times a month or even a week. It’s always good to share these hacks; we hope some of them help!</p>

20 Poor Hacks Frugal People Use on a Fairly Regular Basis

Even if you’re not poor, you sometimes feel that way, and you probably have some tricks and tips for coping with that. In this article, we’ve compiled several poor hacks that people utilize at least a few times a month or even a week. It’s always good to share these hacks; we hope some of them help!

<p>Saving money doesn’t have to mean saying goodbye to life’s little indulgences. With a few smart tweaks, you can stash away cash for that dream vacation, rainy day fund, or splurge-worthy purchase without feeling like you’re on a constant budget patrol.</p> <p>Think of it as a side hustle that pays off without the extra hours. Whether you’re looking to conquer debt or simply boost your bank account, these tips are guaranteed to put more money in your pocket, painlessly.</p>

28 Practical Ways Frugal People Save Lots of Money

Saving money doesn’t have to mean saying goodbye to life’s little indulgences. With a few smart tweaks, you can stash away cash for that dream vacation, rainy day fund, or splurge-worthy purchase without feeling like you’re on a constant budget patrol.

Think of it as a side hustle that pays off without the extra hours. Whether you’re looking to conquer debt or simply boost your bank account, these tips are guaranteed to put more money in your pocket, painlessly.

I’m Frugal: Here Are My Top 30 Frugal Living Tips to Save Money

I’m super frugal, and one of my passions is sharing my frugal living tips with everyone.

Here are some of my absolute favorite frugal tips to help you get started on your journey to frugal living.

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Get ready for sneaky new credit card fees

Your bank is looking for new ways to screw you over.

Good news! Some of those annoying fees on your credit card may soon be getting smaller. Bad news! Banks and credit-card companies are almost certainly trying to figure out where else they squeeze money out of you.

The Consumer Financial Protection Bureau announced last month that it had finalized a rule capping credit-card late fees at $8 for the first violation, cutting them down from the typical $32. Later that month, Mastercard and Visa reached a $30 billion settlement with US merchants agreeing to cap credit-card interchange fees — fees charged to retailers every time you swipe your card at their stores — for a handful of years.

Much of the industry's reaction to the late-fees limit has been of the sky-is-falling variety, with the Bank Policy Institute, an advocacy group, declaring that such charges are "essential to efficient functioning of the market." The response to the interchange-fee settlement has been a bit more muted: The Electronic Payments Coalition, which represents Visa, Mastercard, and other credit-card companies, said it was OK with the swipe-fees cap. This sanguine approach, however, is likely in no small part because the agreement is much less aggressive than legislation floating around in Congress . Taken together, it's clear that many companies in the credit-card business would rather not be dealing with this situation.

For consumers, the changes could be a decent deal. By the CFPB's calculation, late fees cost American families $14 billion a year, and it says the rule will save people some $10 billion annually. The swipe-fee cap will save merchants some money for a while, which could, in theory, be passed on to their customers, though it's unclear how much that will happen in practice.

Banks will always be able to find other places to recoup revenue for things like this

But there's good reason to think that, in the long run, these changes may not be an unambiguous win for credit-card customers : Financial firms are very good at getting money out of people. There are all sorts of levers card issuers can and will pull to try to recuperate any lost revenue streams elsewhere. Where one door closes, a window opens — one many consumers may be surprised to see on their next credit-card statement.

"Banks will always be able to find other places to recoup revenue for things like this," Matt Schulz, the chief credit analyst at LendingTree, told me. "I would imagine that we will see other fees increase over the next little while."

In the wake of the Visa/Mastercard settlement, analysts at UBS wrote in a note to investors that lost revenue due to caps on credit-card late fees and swipe fees, as well as impending changes to lower debit-card swipe fees, would send companies such as JPMorgan Chase, American Express, and Synchrony Financial looking for offsets elsewhere. There are a number of areas financial-services firms can turn to so they can make that money back, they said, including charging more interest and layering in various additional fees on items such as getting printed statements. They also said they thought there would be more fee-based card products, as in cards with annual fees.

"As the economics evolve, we would not expect the banks/card issuers to sit idle," the analysts wrote.

Mark Elliot, the chief customer officer at LendingClub and a banking-industry veteran, noted that annual interest rates for credit-card debt are extra high right now, which could make it harder for companies to ratchet them up even further, though not impossible.

"We've seen a lot of research that most customers are not even as aware of what the rate is on their card as they probably should be, so the card companies could increase that," he said.

Companies could look to downgrade credit-card rewards , which would save them money by not having to pay them out, though everyone is a little hesitant to alienate rewards customers. There are other places where banks and credit-card companies can look to pay for rewards like hotel points, miles, and cash back, such as upping foreign transaction fees or transfer fees or drawing from elsewhere. The Visa/Mastercard settlement allows retailers to add a surcharge for people with fancier rewards cards, which often come with higher swipe fees, but it's not clear how many merchants will do that. They don't want to drive away customers, especially more affluent, higher spenders, which rewards-card holders tend to be.

"Most merchants don't want to put themselves in the position of being the bad-guy tax collector on Visa and Mastercard's behalf," Doug Kantor, the general counsel at the National Association of Convenience Stores, said.

According to the Merchants Payments Coalition, Mastercard is now planning to increase different credit card fees soon, it's "network assessment" fee.

Banks and credit-card issuers have already been discussing in earnings calls their plans for what to do on fee clampdowns. With regard to the late-fee cap, Citi's chief financial officer, Mark Mason, said in its January call that the bank was planning to make up the lost revenue with various "offsets and mitigants," though he didn't specify what those were. The same month, Capital One CEO Rich Fairbank said the CFPB rule, once implemented, would have a "significant impact" on its profits and losses in the near term but that the company could deploy "mitigating actions" to eventually counteract it.

We've seen a lot of research that most customers are not even as aware of what the rate is on their card as they probably should be, so the card companies could increase that

Of course, things do not have to be this way. Banks have financial incentives to make a public fuss whenever any revenue stream is threatened, though it's not clear how big of a threat this actually is to their business or just what magnitude of changes they would need to make up the revenue. Whatever the reality, if they yell loud enough that some regulatory or legislative change will destroy their business, it ups the chances that said change will be reversed or never go through in the first place. And, on a fundamental level, many financial firms don't need such high profits to stay afloat in the first place, as much as their shareholders may demand them.

How many levers companies like JPMorgan Chase and Capital One can pull may also depend on competitive factors, Ira Rheingold, the executive director of the National Association of Consumer Advocates, said. Companies do have to contend with one another in terms of what types of annual fees they can get away with or interest rates they can charge. "I think there are some fundamental incentives that will keep them from going too crazy," he said.

The scenario does appear to be somewhat of a whack-a-mole situation — one fee is axed here, another fee appears over there. Amanda Jackson, the director of consumer campaigns at Americans for Financial Reform, said the only way to actually end this frustrating fee game was for the government to step in, as it's attempting to do with the late-fees limit, and set rules that apply to a wider swath of charges.

"We need regulations with true reforms that allow for billions to be saved," she said.

So next time your credit-card bill lands at your door, you may want to take a closer look at it to see whether any surprise extra charges wound up in there — and to see what your interest rate is.

Emily Stewart is a senior correspondent at Business Insider, writing about business and the economy.

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3. Be respectful towards your family. If you are trying to make money from your parents, don't hurt your chances by acting up. Arguing with your siblings, talking back to your parents, and breaking the rules may result in them taking away your allowance or punishing you by requiring you to do the work for no money. 4.
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Pocket money plays a vital role in shaping a person's understanding of money management. It teaches the value of money and the importance of budgeting, saving, and making informed financial decisions. It also fosters a sense of responsibility, as one has to manage their own funds and prioritize their spending based on needs and wants.
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Whether you're writing to make some extra pocket money or you're working towards a long-term career goal, it can take a lot of work and effort. But, it's so, so worth it. Writing is a particularly good way to make money at uni. You'll earn an income while gaining experience that'll come in very handy when you start applying for graduate writing ...
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Pocket Money Essay: 'Pocket Money' is the term for the money that parents give to their children to spend every month. In America, they call it 'allowance'. A child can spend this money in anyway he or she likes. Sometimes parents guide their children and help them decide how the money should be spent. You […]
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Ways for Teenagers to Make Pocket Money Essay Sample, Example. My memories about being a teenager are colored in gold. Not that everything was bright and easy back then; I bet, for many people, adolescence is harsh. But I still tend to think about this period of my life with warmth and sympathy. First love, rejection and recognition, peer ...
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3. Do some part-time tutoring. While you might excel in a particular subject, chances are other students might need a little extra help. Sunway University, for example, offers peer-assisted courses, where you can get paid about RM7.50/hour to work with other students as a tutor. Some students might also be willing to pay for private tutoring ...
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One of the best ways to increase your pocket money earnings is by -. 1. Freelance Writing. As a university student, you can expect to be writing a lot of assignments. With practice, comes fluency. And when you are fluent in something, you can make money out of it. So when you become a proficient writer, why not consider taking freelance ...
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First, some websites give you coupons or real money you can get while shopping. Secondly, some web services offer you to become someone else's personal assistant. For example, some user wants to buy a product at the lowest price. But this person is not ready to search for such goods on the Internet.
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Teaching other students is a good way of supplementing our pocket money. These are some of the sensible ways of earning some extra pocket money. Allowing children to earn, save and spend pocket money benefits both parents as well as the children. Pocket money helps to recognize the value of money in early years of life. They learn to be ...
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Teaching other students is a good way of supplementing our pocket money. These are some of the sensible ways of earning some extra pocket money. Allowing children to earn, save and spend pocket money benefits both parents as well as the children. Pocket money helps to recognize the value of money in early years of life.
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It's really rooted in the experience one gets in choosing how to spend it. First, there's the anticipation of receiving an allowance. Next, there's the excitement of thinking about all the things you've been wanting to get for yourself. Third, there's the delight of actually receiving the allowance.
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Black Money. Black money is the money that people earn with corruption. For your information corruption involves the misuse of the power of high posts. For instance, it involves taking bribes, extra money for free services, etc. Corruption is the main cause of the lack of proper growth of the country. Moreover, money that people having ...
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899. My parents give me twenty pound pocket money per month. i can earn extra money by doing house hold task e. g. washing up, ironing but i have to tidy my room regularly. i think twenty pound is sufficient. Sometimes my dad will give me extra money to go shopping. when I go shopping I buy lots of clothes from topshop and some new shoes, but ...
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Pocket Money. Pocket money is what parents give to their children to spend. A child can spend his pocket money as he or she likes. Sometimes parents guide a child as to how to spend it wisely. Poor parents may not give pocket money to their children regularly. But they do give as often as they can afford. They give it, especially at festivals ...
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I highly disagree with this trend also think, that is not a wisdom. writing9. Some people argue that parents should give some money to children, so that they have the chance to purchase something they like or learn how to manage budgets from a young age. From my perspective, pocket money can be earned by making some effects if children want to ...
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1707 Words7 Pages. How to make extra money. No one would ever mind making some extra money since we are always in need of money so as to be able to pay bills, pay loans, purchase items, pay for services, and spoil ourselves as well as our loved ones. Sometimes we get random and unexpected expenses, good or bad, leaving you in a position where ...
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Keep trying until you build a lucrative lawn-care service. 15. Access Your Paycheck Earlier. Although not really a way to "make money," this tip can help you gain access to your money faster if you're in a pinch. Many banks offer early access to paychecks you have direct-deposited into your checking account.
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Here are 30 ways to save money at home and put more in your pocket. 30 Super Simple Ways To Save Money at Home in 2024 . Provided by Engineer Your Finances
Credit Card Companies Are About to Invent New Fees for Consumers
Bad news! Banks and credit-card companies are almost certainly trying to figure out where else they squeeze money out of you. The Consumer Financial Protection Bureau announced last month that it ...

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15 Ways to Earn Extra Pocket Money as a Student

1. Freelancing

2. Tutoring

3. Taking and Selling Photographs

4. Work At Campus Café

6. Sell Old Notes and Textbooks

7. Sign Up For Extras on Film and TV Productions

8. Write and Publish Ebooks

9. Start and Run Your Own Blog

10. Social Media Content Creator

11. Start E-Commerce Store

12. Become a Video Editor

13. Buy and Sell Crypto

14. Provide Services for Wealthy Kids

15. Write Homework and Assignments

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