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الأربعاء، 27 ديسمبر 2017

5 Strategies That’ll Help You Beat Uber’s Surge Pricing on New Year’s Eve

After the ball drops and the bubbly pops to ring in the new year, the last thing you want to think about is how you’re getting home.

But New Year’s is notorious for auto accidents, and about 41% of fatalities on the holiday involve drunk drivers, according to the National Highway Traffic Safety Administration.

I’m not going to tell you not to go out and have a great time with your friends. But New Year’s Eve is one of those events I call an “amateur night”: There’s a lot of alcohol and not a lot of thinking about your own tolerance levels. Everyone’s just focused on celebrating. And that’s cool.

But since we know many people are going to get pretty sloppy, it’s important to plan your New Year’s travel before the big night.

You probably know that if you take Uber after the clock strikes midnight, you’ll likely face surge pricing, the increase in standard rider fees that occurs during high-demand periods (like New Year’s).

But is paying surge pricing the only way to get a safe ride home?

Use these tips to plan what might be the most frugal part of your night out – because let’s be real, you paid way too much to go to that fancy New Year’s Eve party.

1. Play the System

Everyone has a friend who installs every rideshare app imaginable on their phone and flips through them until they find a price they like.

Be that friend on New Year’s Eve.

Download Uber, Lyft, Via, Gett or whichever app floats your boat. Fill ’em up with your billing info so you’re ready to go on the big night, then start scanning the competition. By having multiple options, you increase your chances of avoiding surge pricing.

2. Stock Up on Promo Codes

Have a promo code for a discounted or free ride? Make sure it’s applied to your account before you start cracking bottles of Champagne.

Ridesharing companies may black out some referral codes or promo offers on what is likely their busiest night of the year, but it’s always good to be prepared.

3. Plan Your Trips to Anticipate Costs

Historically, the cheapest times to take Uber on early New Year’s Day are right after the ball drops around midnight and again after 3 a.m.

Want to stay out late, but not that late? Wind down the night at a friend’s place so you don’t spend money at the bar until closing time.

4. Walk a Few Blocks

If you’re with group or in a busy, well-lit area, it may be worth walking a few extra blocks to get a ride in a surge-free zone. Use an app like SurgeProtector to see the surge territory in your area and whether it’s worth hoofing it a bit.

Be prepared for every zone to be a surge zone at some point on New Year’s, though.

5. Take a Cab

Standing on the curb trying to flag a cab after midnight Jan. 1 will be frustrating at best.

Before the festivities begin, find out if your local taxicab commission has an app of its own. You may not save money by hailing a regular ol’ cab from your phone, but you’ll stay warm while you’re waiting — and you won’t have to try to shout over the crowd to call dispatch for one.

Lisa Rowan is a writer and producer at The Penny Hoarder.

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.



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Take a Road Trip and Visit a National Park for Free on These 4 Days in 2018

If you’re already looking ahead to road trips or family vacations this year, here’s one way to do it on the cheap.

While most of the 417 national parks in the U.S. are free to use anytime, 118 of them charge a $3 to $30 entrance fee. To encourage travelers and campers to visit new places, the National Park Service will waive these fees for four days in 2018:

Some of the nation’s most popular parks are among those that normally charge a fee. Fee-free days are an opportunity to see places like the Grand Canyon, Yosemite, Yellowstone, Death Valley, and Crater Lake and save up to $30.

Not the outdoorsy type? Even some national historic sites, like Vanderbilt Mansion in New York, are included.

If you’re interested, you can find all participating parks by state or search through the full list of national parks, including those that are free anytime, to find one near you (or your next destination).

Note: You may still encounter fees for things like camping, parking, reservations or concessions. The fees waived on fee-free days include entrance fees, commercial tour fees and transportation entrance fees.

If you are camping, here are a few tips for camping on a budget.

More Ways to Use National Parks for Free

If you can’t make it to a national park on one of the fee-free days, you may be able to get free or discounted entrance to national parks year-round some other way.

The National Parks Service offers an $80 annual pass that covers entrance to national parks, lands managed by the Bureau of Land Management and other sites.

Military members can get the annual pass for free.

Through the national Every Kid in the Park program, fourth-graders can get a free annual pass for their families. Educators can also get involved through this program, obtaining free passes to take students on a national park field trip.

Seniors age 62 and older can buy a lifetime pass for $80 or an annual pass for $20. Senior passes require proper documentation and may be purchased in person at a federal recreation site, online or through the mail.

People with disabilities can get a free pass in person, or through the mail or online with a $10 processing fee.

Both the senior pass and the access pass offer a 50% discount on some amenities like camping, swimming, boat launching and specialized interpretive services.

Volunteer with participating federal agencies for at least 250 hours, and you’ll receive a free volunteer pass.

If you want to learn while you travel, you can apply for an Artist-in-Residence program with the National Park Service and stay at a participating park for free while you work on your next project.

However you do it, consider including national parks or historic sites in your 2018 travel plans. For families — and curious travelers of all ages — it’s a fun, educational and affordable way to spend a vacation.

With more than 400 to choose from, there’s probably one not far from you!

Dana Sitar (@danasitar) is a staff writer at The Penny Hoarder. She’s written for Huffington Post, Entrepreneur.com, Writer’s Digest and more. Editorial assistant Jessica Gray contributed to this post.

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.



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If You Bought BOGO Burger King Croissan’wiches, $5 Could Be Headed Your Way

Here at The Penny Hoarder, we love a good buy one, get one deal. It’s the perfect way to treat the family to a night out without throwing the budget to the wind.

But in a recent class-action settlement agreement, Burger King said it accidentally overcharged some of its customers who used a BOGO Croissan’wich breakfast sandwich coupon.

The error affected less than 10% of people who used the coupon.

According to the settlement agreement, Burger King investigated the allegations by looking at a random sample of receipts and found that customers who purchased a Croissan’wich as it appeared on the menu with eggs, cheese and meat got the deal as advertised. The price they paid for two sandwiches with the BOGO coupon was the same as the cost of one sandwich alone.

Customers who were charged more were those who made special requests to remove the egg, cheese or meat from their sandwiches.

In those cases, the slimmer sandwiches normally cost less than the sandwiches with the works, but when Burger King employees added the BOGO coupon, it charged those customers the price of a complete sandwich, not the lower price they would normally pay for the special-ordered sandwich.

Burger King denied that it intentionally did anything wrong and has since updated its system to correct the problem.

What You Get From the Burger King Croissan’wich BOGO Settlement

If you purchased a Croissan’wich without the egg, meat or cheese and used a BOGO coupon between Oct. 1, 2015, and May 19, 2017, you may have some money coming your way.

If you think you qualify for this class-action settlement, submit a claim online or print a claim form, and send it in before Jan. 19, 2018.

If you have receipts to prove your purchase, you could get $5 cash for each eligible receipt you submit.

If you don’t have a receipt, you can still submit a claim, but you’ll receive a $2 Burger King gift card instead of a cash refund. Unfortunately, if you don’t have receipts, you only get one gift card, even if you were overcharged multiple times.

Desiree Stennett (@desi_stennett) is a staff writer for The Penny Hoarder.

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.



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Got a Passion for Entertainment News? The List Is Hiring Freelance Writers

Obsessed with celebrity and entertainment news?

The List, a women’s lifestyle website, is hiring remote freelance writers to pen stories about celebrities and entertainment topics. This is a contract position in which you’ll pick up assignments, work from home and set your own hours.

Sure, writing about celebs sounds fun, but this job requires a specific skill set. If this gig isn’t quite for you, check out our Jobs page on Facebook. We post new opportunities there all the time.

Freelance Celebrity and Entertainment Writer for The List

Responsibilities include:

  • Choosing freelance topics from a large selection of assignments
  • Writing 1,000- to 3,000-word stories in a voice suitable for the site
  • Turning around pieces in a two-week time frame (or within two to three days if it’s a time-sensitive piece)

Applicants for this position must have:

  • At least two years of professional online writing experience
  • Experience building content in a CMS, preferably WordPress
  • Interest in the types of celebrity and entertainment topics The List covers
  • The ability to research thoroughly, identify primary sources and meet deadlines

Benefits include:

  • The ability to set your own schedule

Apply here for the freelance writer position for The List.

Nicole Dow is a staff writer at The Penny Hoarder.

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.



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This Work-From-Home Proposal Writer Position Pays $15/Hr — Apply Today

Do you have experience writing contract bids and proposals?

If you do and you also have a bachelor’s degree and at least five years of administrative experience, this job could be just what you’re looking for.

Phoenix Protective Corporation is hiring a part-time proposal writer to work from home 10 to 25 hours per week.

If this isn’t the type of work you’re looking for, check out our Jobs page on Facebook. We post new opportunities there all the time.

Part-Time Proposal Writer at Phoenix Protective Corporation

Pay: $15 per hour

Responsibilities include:

  • Working on contract bids and proposals
  • Working closely with the company president

Applicants for this position must have:

  • Bachelor’s degree
  • Availability to work 10 to 25 hours per week
  • Strong communication skills
  • Experience working with Microsoft Office Suite
  • Strong organizational and time management skills
  • Ability to meet deadlines
  • A background in proposal writing
  • Five years of administrative experience
  • Personal computer and ability to work from home
  • Ability to pass a criminal background check

Benefits include:

  • Paid time off
  • Direct deposit payroll

Apply here for the part-time proposal writer job at Phoenix Protective Corporation.   

Lisa McGreevy is a staff writer at The Penny Hoarder. She loves telling readers about new job opportunities so look her up on Twitter (@lisah) if you’ve got a tip to share.

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.



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The Top 9 Marketing Trends to Look for in 2018

The most successful marketers have one thing in common.

They find a way to gain an edge over their competitors.

Marketers who can analyze the trends and prepare for the future have the best chances of setting their companies up for success.

You don’t want to be the last one to jump on the bandwagon.

As we head into 2018, I’ve taken the time to identify the top marketing trends for the year.

I want to share my insights with you so that you can apply these concepts to your business and start the new year on the right track.

Properly applying these trends to your marketing strategy will improve customer engagement.

You’ll also be able to acquire more customers this year.

Let’s dive right in. These are the top 9 marketing trends for 2018.

1. Live video streaming

Social media platforms paved the way for the live video trend.

Instead of using social media for posting pictures and videos, you now have the ability to stream live content.

Take a look at how marketing experts are expecting live video to rise over the next two years:

image3 7

If you weren’t using live video to interact with your customers in 2017, it needs to be a priority for you in 2018.

Studies suggest 80% of consumers prefer watching a live video from a brand as opposed to reading a blog.

And 67% of people are more likely to purchase a ticket to events like a concert after watching a live stream of a similar event.

Some of the most popular live video platforms include:

  • Facebook live
  • YouTube live
  • Instagram live
  • Twitter
  • Periscope

I like it when businesses use live videos because it gives them a chance to interact with their audience directly.

You’ll be able to communicate and get feedback from customers in real time.

Plus, it’s not like your live video is gone forever once you stop streaming.

You can save those videos and repurpose that content in the future.

2. Artificial intelligence (AI)

Artificial intelligence will continue to rise in 2018.

If you’ve been to any marketing conferences or events in the last year or so, you’ve probably seen at least one session on AI.

AI tools are used to analyze consumer behavior.

Once the behavior is analyzed, these robots can make decisions according to how they are programmed.

AI robots can start to take over some basic human roles, which will allow your team to spend more time on assignments that require actual human insight.

An example of AI you may be familiar with is a chatbot.

These computer programs can have conversations with your customers.

I’m sure you’ve been on a website where a “customer service representative” popped up to start an instant message conversation with you.

That’s an example of a chatbot.

With artificial intelligence on the rise, marketing executives feel unprepared for this trend.

image1 7

Now is the perfect time for you to educate yourself on the use of AI to improve different areas of your business.

It will give you an edge over your competitors who aren’t prepared.

3. Micro influencers

I’m sure you’re familiar with brand ambassadors and social influencers.

These are people on social media who have relationships with companies and get paid to promote products on their personal profiles.

It’s a legitimate marketing strategy.

When it comes to social influencing, to be considered a celebrity, one has to have over 1 million followers.

People with 500k–1 million followers and 100k–500k followers fall into the macro influencer and middle influencer categories, respectively.

Micro influencers have between 1k–100k followers on social media.

Brands are reaching out to these micro influencers because it’s easier for people to relate to them.

Let’s be honest.

Not many people can connect with celebrities. Plus, it’s obvious when they’re promoting something on their profiles.

You may even have doubts that those celebrities use the products they’re pitching.

But it’s much easier for the average person to relate to a micro influencer.

Why?

Well, for the most part, these people aren’t actually famous. They have normal jobs and live regular lives. But they happen to be popular on social media.

Take a look at how micro influencers are perceived by consumers:

image4 7

In this case, less is more.

Notice the difference in user engagement between influencers with 1k to 4k followers and influencers with over 100k followers.

Consider finding some micro influencers to represent your company on social media.

Another benefit of this strategy is the cost.

If you want to partner with a celebrity like Beyoncé, it’ll cost you $1 million per post.

That’s absolutely outrageous.

But a micro influencer will likely cost you only $250 – $500 per post.

Plus, you can also send them some free stuff to keep them happy.

4. Content marketing

If you’ve had any marketing success over the past few years, I’m sure you’ve used content marketing strategies.

Well, 2018 isn’t the year to take your foot off the gas pedal just yet.

Content marketing is still trending upward.

Compared to other factors, content marketing will have the biggest impact on companies in 2018, according to business executives:

image6 7

Rather than coming up with new content marketing strategies, refine your existing ones.

Make sure your content is relevant and has a clearly defined audience.

Content marketing is great because it’s typically not expensive.

You’ll also see more sales and an increase in customer loyalty when you properly execute these strategies.

Don’t think you need to focus all your energy on new trends, like artificial intelligence in 2018.

Continue your content marketing efforts.

5. Generation Z

It seems over the past several years, companies have been focusing on Millennials.

There’s nothing wrong with that.

It’s important to target consumers while they are young so you can try to retain them for as long as possible.

Every generation has different buying habits.

Millennials have helped shape the marketing trends over the last decade or so.

But now it’s time to put some more emphasis on younger generations as well.

Generation Z, also known as the iGeneration, Post-Millenials, or the Homeland Generation are people who were born in the late 1990s to mid-2000s.

The oldest people in this generation are entering their early 20s.

As they get ready to graduate from college, they’ll enter the workforce, which means their consumption habits will change.

A steady job means they will have more buying power.

Companies need to do more research on this generation and find out how to target them.

It doesn’t matter what industry your company is in.

Start to shift your focus toward Generation Z in 2018.

I’m not saying you should abandon your approach with Millennials or Generation X, but just recognize there is a fresh market for you to target.

Find out how they spend their free time. For example, look at how active Generation Z is in sports compared to the general population:

image2 7

Even if your company doesn’t make sporting equipment, you can still use this data for your marketing strategy.

You can focus your Generation Z marketing campaigns around physical activity or athleticism.

That’s just one example.

Do your research, and find out what Generation Z wants and how they consume information.

That’s the key to acquiring these consumers.

6. Consumer personalization

You need to give your customers a personalized shopping experience.

That’s one of the best ways to increase engagement and sales.

It’s what your customers want.

In fact, 75% of consumers prefer retailers that use personalization to improve their shopping experience.

image8 6

Encourage people to create a customer profile on your website or mobile application.

That way, you can monitor their habits and give them special offers based on their browsing pattern or previous purchases.

This is absolutely essential for companies who have an ecommerce website.

Personalization tactics make it easier for you to upsell and cross-sell to your customers.

Ultimately, this means you’ll make more money without spending much.

It’s cheaper to target your current customers than it is to acquire new ones.

You can also send personalized email messages to your subscribers.

Email personalization can improve your conversion rates by 10% and increase click-through rates by 14%.

If you personalize the subject line of an email, there is a 26% greater chance of the recipient opening it than if you don’t.

Numbers like this are too good to ignore.

Those of you who weren’t using personalization in 2017 need to start doing so in 2018.

7. Privacy protection is more important than ever

People are worried about their privacy.

Marketers need to start using privacy protection as a selling point.

Let your customers know how you are protecting their information.

Over 143 million Americans were affected by the Equifax breach in 2017.

That’s scary.

It’s especially scary since the company is a consumer credit reporting agency.

If your information isn’t safe with them, where is it safe?

This event has consumers on high alert moving into 2018.

They may be hesitant to do things like entering their credit card information online fearing they could become victims of credit card fraud.

How can you make consumers feel safe?

There are certain things you can do to add credibility to your website.

  • display all your security badges
  • provide up to date contact information
  • add customer reviews and testimonials
  • make it easy to navigate
  • have fast-loading pages
  • make sure your checkout process is secure

All of this will make customers feel safe when they’re shopping.

If your company appears sketchy or untrustworthy online, it’ll be difficult for you to get lots of sales.

8. LinkedIn will continue to lead the way for B2B marketers

While B2C companies will have better luck using social media platforms and email marketing tactics to connect with their clients, B2B marketers have to focus on their LinkedIn presence.

image7 7

Look at these numbers.

Over 90% of B2B marketers say LinkedIn is the most effective platform for lead generation.

If you’re in the market for new customers, LinkedIn should be the first place to look in 2018.

Connecting with a potential client on LinkedIn increases the chances of them buying from you by 50%.

I expect these trends to continue in 2018.

Beef up your LinkedIn presence if your company operates on a B2B revenue model.

9. Interactivity

In 2018, your company needs to focus on interactivity, especially when it comes to email marketing.

Contrary to popular belief, email marketing is far from dead.

But you can’t just keep sending out the same boring emails over and over again and expect to get different results.

Interactive emails improve engagement with your subscribers.

In 2017, interactivity was a top email marketing trend.

image5 7

But that wasn’t a fad.

This trend will continue through 2018 as well.

Here are some of the best ways to incorporate interactivity into your email marketing campaigns:

  • use real-time marketing
  • add surveys, polls, and reviews
  • include videos
  • add menus for easy navigation
  • use GIFs instead of pictures
  • add live shopping carts

If you saw success with interactivity tactics in 2017, continue to use them in the new year.

And if you haven’t tried them yet, it’s not too late to jump on board in 2018.

Conclusion

Staying up to date with the latest marketing trends is a recipe for success.

The best marketers look toward the future to predict consumer behavior.

If you can identify trends and make applicable changes to your marketing strategy, it will give you an edge over your competition.

After extensive research, I came to the conclusion the above trends will have a major impact on the success of your brand in 2018.

If you’re struggling to come up with new ideas, start with the topics I’ve outlined in this post.

What marketing trends has your business identified, analyzed, and implemented for 2018?



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My Daily Journaling Habit: What I Do and What Value It Gives Me

Retailers Cash Registers Still Ringing from Final Talley of Holiday Sales

It was a very Merry Christmas season for the nation's retailers.  

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Seems Like Everybody’s Making Money on Amazon. Here Are 11 Ways You Can Too

Let’s be real. We all know how to spend money on Amazon — and even how to save money while we spend.

But have you considered making money on Amazon?

After all, it’s one of the world’s largest retailers, according to the National Retail Federation. And we’re seeing it seep into nearly every aspect of our lives, including grocery shopping. The retail giant is even taking over old shopping malls for its fulfillment centers.

Sure, it might feel like one of those “robots are taking over,” “retail apocalypse” situations, but with Amazon’s massive strides of expansion come money-making opportunities — for you.

That’s why we’ve rounded up 11 ways you can make money through Amazon’s ever-expanding platform.

1. Sell Items on Amazon

Let’s get back to Amazon’s roots.

The internet retailer started as an online bookseller and expanded to host an “associates program,” which allowed other vendors to sell merchandise through the platform. In turn, Amazon would receive a commission. This model began back in 1996, according to Britannica.

Now, the program is huge, promising individuals and businesses the eyeballs of hundreds of millions of consumers.

If you want to sell items on Amazon, the retail mogul suggests you take these steps:

1. Figure Out What You Want to Sell

Does it fit into one of its 37-plus selling categories? You might need Amazon’s approval before getting started. There’s a huge chart that outlines that information here.

2. Select Your Selling Plan

You can opt in for a $39.99-per-month “professional” plan, which is geared toward those who plan to sell more than 40 items a month. If you want to start on a smaller scale, it recommends the individual plan, which has no monthly subscription fee but does require you to pay 99 cents per item sold. Explore the pricing options here.

3. Create a Sell Central Account

Then start listing your goods. When a customer places an order, you can let Fulfillment by Amazon (see more below) handle the shipping. Or you can do that yourself.

Amazon then directly deposits payments into your bank account.

The Penny Hoarder has a guide on how to make money by simply reselling items.

2. Work as a Fulfillment/Warehouse Associate

You can opt to sell items — or you can work behind the scenes in the fulfillment and operations sector.

It seems each day, a new Amazon fulfillment center pops up (Exhibit A), which means Amazon is consistently looking for fulfillment/warehouse associates — both part time and full time.

These jobs typically require hands-on work. Think: In a warehouse lifting boxes, operating dollies and/or retrieving boxes that might be on a high shelf.

According to a recent listing for a full-time seasonal warehouse associate in Kenosha, Wisconsin, pay is $12.25 to $15.25 an hour.

You’ll also get benefits, which include:

  • Health care benefits
  • 401(k) with a company match
  • Holiday and overtime pay
  • Paid time off
  • Maternity and paternity leave benefits
  • Restricted Stock Units
  • Employee discounts
  • Flexible work schedules

You must be at least 18 years old to apply and need to have a high school diploma or the equivalent.

Also note that pay and benefits will likely vary by location.

FInd a list of updated fulfillment/warehouse associate positions here.

3. Deliver for Amazon Flex

Next step: Let’s deliver those packages.

As an Amazon Flex “delivery partner,” you’ll deliver goods to consumers via Amazon.com, Prime Now, AmazonFresh and Amazon Restaurants.

Amazon’s Flex page says you can make $18 to $25 an hour as a Flex associate. Plus, you get to set your own schedule.

Here are a few important notes for the gig:

  • If you’re delivering Prime Now orders, you can use any car. If you’re delivering Amazon.com orders, you’ll need a four-door midsize sedan or larger. Some regions allow you to make deliveries via bicycle, though you’ll need a basket and a helmet. Motorcycles and scooters are not permitted.
  • You’ll need to download the Amazon Flex app, so there are some phone requirements. You must have an Android 6.0 or higher or have an iPhone 5 or newer. Find more tech specs here.
  • You’ll have to pass a background check, which takes about two to five days.
  • You won’t get reimbursed for mileage, parking or tolls.

Amazon Flex processes payments on Tuesday and Friday through direct deposit, so you should see your money the following day.

Right now, the program is recruiting only in the greater San Francisco Bay area and Richmond, California. However, this is subject to change (and might have already done so by time you’re reading this).

If you don’t find your city on the list when you go to sign up, you can always join the waitlist.

4. Work From Home for Amazon

Amazon is constantly recruiting new employees. (You can find job listings here.) However, time and time again, it’s the work-from-home customer service jobs that prove most popular amongst Penny Hoarders.

Amazon ramps up its work-from-home customer service jobs during the holidays, but we frequently spot new openings throughout the year.

According to previous listings, as a customer service associate, you’ll communicate with customers via phone and live chat to help answer their questions, solve their issues and ease their concerns. You’ve also got to prove patient in stressful circumstances and possess some empathy.

Typically, requirements include a high school diploma or GED equivalent, a year of customer service experience and proficiency in English.

You should have basic phone and computer skills as well as a fast and reliable wired internet connection. Otherwise, Amazon sends you the required technology, including a headset.

In the past, we’ve seen pay listed as $10 an hour plus bonus opportunities. Training is paid — and online.

You can keep an eye on these types of positions at Amazon’s virtual job listings page.

5. Use Amazon’s Affiliate Program

Tapping into Amazon’s Affiliate Program is a great way to monetize your website or blog. Basically, you add specific Amazon affiliate links to products you’ve written about, and when a reader clicks the link and makes a purchase, you’ll earn a commission.

Here’s an example: You read a book and want to write a review. Use an affiliate link to link the title back to the book’s Amazon page. When someone clicks and buys the book, you’ll earn up to 10% of the purchase price.

We’ve used this a few times over at The Penny Hoarder, including this post about the Instant Pot as well as this one highlighting our favorite adult lunch boxes.

You might not earn a ton of money doing this, but it’s free to join, so there’s no true loss.

Read up on how to best make money through your blog with this guide.

6. Self-Publish a Book

Self-publishing a book is a great way to establish passive income.

Amazon offers several options on this front, including publishing to Kindle, print or audio.

Publishing to Kindle is totally free. It also takes less than five minutes, and your book will be available to millions of readers within 24 to 48 hours. You’ll earn up to 70% royalty. (See more details here.) You’ll also keep rights to your book and will be able to set your own list prices, as well as make any changes within the book.

Publishing to print through Amazon’s CreateSpace is also free. Here, you’ll be able to create, publish and distribute your book within a few days. You’ll still own your copyright, and you get to set your list price. You can earn up to 80% in royalties.

Finally, through Amazon’s Audiobook Creation Exchange, you can publish audiobooks, which can be distributed through Audible, Amazon and iTunes. You’ve got several royalty rate options, so study up.

If you want an example of how someone’s made money through self-publishing, take notes from Steve Gillman.

You can find all your options for self-publishing on Amazon here.

7. Join Mechanical Turk

Yeah, it sounds like a foreign entity. But Mechanical Turk is an Amazon platform where people can post work requests for specific prices.

These individual tasks are called HITs, or Human Intelligence Tasks. You can complete these tasks from home and in your own time. Some tasks include opinion surveys, transcription and data entry.

How much you make will depend on which tasks you accept and how much time they take. (You’ll see an estimate before you begin.)

If you know what you’re doing and the best HITs to take, you can make some solid side cash — like this guy who’s averaged about $500 a month.

8. Apply to Amazon Handmade

Amazon Handmade is the Etsy of Amazon. It’s for “invited artisans” to sell their handmade goods.

Unlike Etsy, though, you can’t just hop on and start selling. You have to apply so Amazon can confirm all your goods are, in fact, made by hand by you or one of your 20 or fewer employees. (Read more about the requirements here.)

We wrote about Amazon Handmade when it first popped up and noted some things to consider before hopping on:

  • Amazon charges 15% commission and a $1 minimum referral fee. (Compare that to Etsy, which charges a 20-cent item listing fee and 3.5% commission.)
  • Other artisans have noted that there are limited metrics and analytics available, making it difficult to see what people are even interested in.
  • Handmade products don’t show up in Amazon’s main search engine.

The big draw, however, is the huge reach.

See if Amazon Handmade is the right fit for you.

9. Sell Your Designs

If you’ve got an artistic streak, consider selling your designs on Merch by Amazon.

You’ll upload your artwork to Merch, choose a product type and color (e.g., a lavender T-shirt), set your price, then add a product description. Amazon then creates a product page. When customers buy, you don’t have to worry about production, shipping or customer service.

You’ll also be able to set your own prices, then determine royalty here.

Similar to Handmade, you’ll have to be considered as an applicant based on your background and experience.

Find the information you need on Amazon’s Merch page.

10. Go Camping

I was a little shocked when I happened upon this Amazon money-making opportunity. But why should I be? Amazon does everything — including camping.

Amazon’s CamperForce is a program that pays RVers’ fees and some utilities at certain campsites from early fall through Dec. 23 each year while they do seasonal work, including  “picking, packing, stowing and receiving.”

According to Amazon, the program offers “great pay, a paid completion bonus, paid referral bonuses and paid campsites… along with the chance to build lasting relationships with your coworkers.”

CamperForce has paired with campgrounds across the U.S. (though only a few were available for assignment at the time of writing this).

Do note, however, some reviews of this program are iffy. MarketWatch wrote a bit about it here.

11. Trade In Your Used Tech

Did you know Amazon has a trade-in program?

This program allows customers to trade in old items, including gaming consoles, Kindles, books, phones, tablets and smartwatches.

Depending on your location, it can take up to 10 days to get paid in an Amazon gift card.

Read more about your trade in options here.

Carson Kohler (@CarsonKohler) is a junior writer at The Penny Hoarder. She’s still on the wrong side of Amazon… as in she spends too much money on the platform.

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.



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Are You Using Your Credit Card Too Much? Here’s How You Can Find Out

I recently asked myself one of those “Shouldn’t I, as a mostly-functioning adult, know the answer to this?” questions:

“Is it possible to use a credit card too much?”

Wait. Before you dismiss me as a doofus and click away, know I religiously pay off my credit card in full at the end of each month.

If I’m paying off my card and stay within my credit limit, I’m good, right?

Well, I’ve spent a lot of money recently. I made a fairly big move, and I had to pay for other costly commitments I’d made months back. All these expenses went on my credit card, because, you know, rewards.

But at the end of last month, Credit Sesame shot me an email update on my credit score. It’d dipped. Ring the alarms, y’all.

OK, it wasn’t a huge dip, but I still needed to know why. I logged into my Credit Sesame account, which grades my various credit factors.

Sure enough, because I’d been charging so many expenses to my credit card, my credit utilization rate had increased, resulting in my reduced credit score.

Back Up: What’s Credit Utilization?

You might know this already, but let’s get a refresher on exactly what goes into calculating your FICO credit score:

  1. 35% is payment history.
  1. 30% is credit utilization.
  1. 15% is credit age.
  1. 10% is different types of credit.
  1. 10% is number of inquiries.

As you can see, payment history and credit utilization are the two most important factors.

Credit utilization is simply the percentage of your available credit you’ve used. Basically, divide the amount of credit you’ve used by your total credit limit then multiply it by 100. Simple math.

Because the amount of credit I’d been using had increased and my total credit limit had remained the same, my credit utilization rate had increased, and my credit score had dipped.

What’s a Good Credit Utilization Rate?

According to my Credit Sesame profile, using less than 30% of my credit is where I need to be, though my best bet is to stay under 10%. That’s when I’ll get the best rates from lenders.

Rod Griffin, the director of public education at Experian, encourages consumers to remember 30% isn’t your goal or a target.

“You shouldn’t try to reach [30%],” he says. “That’s a max. The lower, the better. Above that, your scores start to suffer.”

He compares it to diamonds — but in reverse. Once you hit a karat, the price of the diamond jumps. With credit scores, when you hit 30%, it jumps. But just how much depends on the individual.

So, we know lower credit utilization rates are better.

In fact, when I asked what the ideal credit utilization rate is, Griffin responded simply, “Zero percent.”

But what if, like me, you’re paying off your credit card each month? Shouldn’t your utilization rate remain low?

Not necessarily.

“Even if you can manage [your credit] and pay it off, [your credit utilization rate] can still have a negative [impact],” Griffin says. “If you can pay your balances in full each month, that’s the thing to do. The credit report will show a balance, especially when you get a billing statement, but the lower your balances are, the better.”

So… Should I Just Apply for a Higher Credit Limit?

I asked Griffin this, because I’ve been on the verge of calling Chase to see if I could get a higher credit limit on my card.

He suggested holding off, because I’d have to also ask myself: How am I using that credit? Is a higher limit encouraging me to spend more more?

It probably would.

Plus, some lenders might treat your application for more credit as a hard inquiry, which can have a negative effect on your score.

“Any time you pull a string, everything else moves, too,” Griffin says.

Instead, he encourages patience.

“Typically, [credit card companies] will increase that for you — if you’re managing that account well,” he says. “Let it happen naturally. It depends on the individual situation, but typically, just let it happen.”

And keep an eye on your credit score and your credit utilization rate. You can do so for free over at Credit Sesame.

Carson Kohler (@CarsonKohler) is a junior writer at The Penny Hoarder. In November, her credit utilization rate topped out at a cringeworthy 52%. It’s doing better now, and her credit score is once again increasing.

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.



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New Year’s Money Resolutions: Make Sure Your Homeowners Insurance Is Up to Date

The recent wildfires that devastated many U.S. communities illustrated the need for homeowners to make sure their insurance policies provide adequate coverage to repair or replace a disaster-damaged dwelling.

Too often, people buy a homeowners policy and then forget about it, never bothering to see if the payout amount has kept pace with construction costs, said Charlie Porter, an insurance agent in Menlo Park, Calif. “It’s something people generally don’t think about,” he said. “They think, ‘I have coverage, so I’m good.’ That is not true.”

In 2009, the California-based United Policyholders consumer group surveyed people who had been through wildfires that burned half a million acres and destroyed more than 1,500 homes in Southern California during 2007. About 70% of respondents said they were underinsured.

Don’t expect to be bailed out.

If your policy doesn’t provide enough coverage to fully restore your dwelling, you can’t count on assistance from the federal government. That’s because an increasing number of natural disasters has challenged the ability of the Federal Emergency Management Association to keep pace with the need.

If you’re left holding a large home repair bill, you won’t be able to convince your insurance company to bridge your coverage gap. It’s your legal responsibility to make sure your homeowners policy is adequate.

Sean Scott, a fire restoration contractor and the author of The Red Guide to Recovery, recommends having two contractors estimate what it would cost to rebuild your home before you choose a policy amount.

“I would also ask for an estimate of what building code upgrades might be required, along with an amount for debris removal and demolition,” Scott said. “Having this information will give you the ability to tell your agent how much coverage you want instead of the agent using some generic cost-per-square-foot formula that often leaves people underinsured.”

Don’t buy too much coverage, either.

While people tend to underinsure, it’s possible for people to buy too much homeowner coverage. Some consumers mistakenly assume that they should be covered for an amount equal to their home’s value on the real estate market. What they don’t realize is that the land the home rests on won’t need to be replaced after a fire. Your goal should be to have enough money to repair or your dwelling, not purchase another home.

To make sure your homeowners policy remains adequate over time, it’s a good idea to monitor construction costs periodically. Although building costs are more stable than home prices, they can fluctuate, based on the price of labor and materials. It’s a good idea to consult a local builder or restoration expert.

Find out what your possessions are worth.

It’s useful to know how much it would cost to repair or rebuild your home, but don’t forget about what’s inside it. In order to get a handle on what your stuff is worth, create a home inventory that includes items of value in every room. Write down approximately what each item cost. (A photo of each room – and its contents – is a good way to document these belongings for insurance claims. Keep digital copies somewhere you can access them away from home, such as a cloud storage service.)

A home inventory will come in handy if you ever need to file a fire insurance claim, said the Rocky Mountain Insurance Information Association. If you have valuables, such as artwork or jewelry, ask your agent about your need for an insurance rider to protect items whose value may exceed the limits offered by a standard homeowners policy.

Understand how policies work – and whom they’re protecting.

Standard homeowners insurance policies generally cover the replacement cost of your home and the actual cash value of your personal property. To determine actual cash value, adjusters factor in depreciation: A computer you bought for $1,200 five years ago may only be worth $600 now.

If you buy a full replacement policy, it will provide enough money to replace damaged possessions with ones of similar quality, without factoring in depreciation.

The Insurance Information Institute (III) says the price of replacement cost coverage for homeowners is about 10% higher than actual cash value, but it’s generally is worth the investment.

Finally, remember that if you have a mortgage on your home, your lender will usually require you to buy a homeowners policy — but you can’t rely on lending institutions to make sure your policy covers the full cost of repairing your home. Lenders generally require borrowers to carry only enough insurance to cover the amount of the outstanding loan.

Time for an annual insurance check-up.

The III recommends that at least once a year you make sure you have enough insurance to cover your dwelling and the possessions within it. It’s also important to keep your policy up to date after you’ve made renovations to your home, said J.R. Duren, a personal finance expert at HighYa.com.

“If you’ve updated your kitchen and that update increased the value of your home, then get a new homeowners insurance quote that reflects that increase in value,” Duren said.

In the end, you can’t rely on anyone else to tell you how much homeowners insurance you should buy. The amount you need is a moving target that can change from year to year. It’s up to you to determine what your comfort level is and to keep your policy updated.

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Seeking Small Business Capital? Check Out These 5 Financing Options

By Deborah Sweeney A couple of years ago, I wrote a post on how to fund your work-at-home business with tips for gaining the necessary money. I like to think of that post as a basic introduction for what entrepreneurs should do if they’re seeking capital. You’ll want to draft up a business plan that […]

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