Money Tree

Online Earnings For May 2017

I’ve been pretty busy over the past ten days. A trip out of town for some work slowed down my monthly post that tabulates my online earnings for the previous month. I was also out of town for a week in May, but I was able to make some nice money over the course of the month.

Some of this money went toward savings. Some of it went into a rollover IRA. Still more of it went toward paying down my mortgage just a little more quickly than the amortization schedule. Regardless of where the money went, my online earnings helped me toward a stronger financial standing for the long run.

Online earnings can help you fill up a suitcase full of money
I didn’t make a suitcase full of money in May, but I did make some that helped.

 

As I noted before, I started looking for ways to make money online when my wife gave up full-time work. I’ve found several options that have worked over the years, and I’m always looking for more opportunities that can help me get a little bit further ahead than I was a month before.

The best thing about earning money online is the fact that there is a pretty low barrier to entry. Whether you’re looking to take a couple of surveys a day or write up a couple of articles for a bit of extra income, there are options that can work for just about anyone with a pulse. All you have to do is look and take some initiative. I’ve done some surveys and online writing. And then some.

Online Earnings for May

Back in April, my online earnings did not come in as high as they have in some months. They were still a solid $273.02, and they helped me improve my overall finances. May was not much different, but I earned even more. Here are some of the ways that I was able to earn money in pajamas during May 2017:

Freelance Writing:                                                                                               $244.97
Swagbucks:                                                                                                                  $75.00
GiftHulk:                                                                                                                          $5.00
Ibotta:                                                                                                                             $20.25
Clixsense:                                                                                                                    $10.00

Total online earnings, May 2017:                                                                  $355.22

I’ve listed most of these ways of earning money online before, but Ibotta is one that I had not used until last month. I signed up because of a link on another website that promised $10 in my account if I signed up and redeemed one of the digital rebates before a certain date. I did, and the $10 posted pretty much immediately along with the other discounts.

Sign Up For Ibotta And Get An Easy $10

The best way that I can describe Ibotta would be a sort of digital coupon/rebate site. You download an app, and the app takes a picture of your receipt (and sometimes the UPC code) from various retailers like Wal-Mart or Kroger that just about anyone can access.

With the $10 bonus, I was able to actually hit the cash out mark in May pretty easily, even though I signed up toward the end of the month, hence the $20.25 listed above. The cash out hit PayPal pretty much instantly. I then put it directly toward paying down my mortgage.

You can get the same $10 bonus if you sign up with Ibotta with my link,  download the app, and make a purchase and upload it via the app. This would get you more than halfway to the $20 that’s necessary to cash out with PayPal. It’s pretty simple, and there are some rebates for buying literally anything (although you can’t use the any brand rebates to get the $10 bonus–it has to be a purchase of a specific brand).

I recommend using methods that earn you money for doing what you’d already do anyway. For example, you can use Swagbucks to earn money for searching the web or letting videos play. It’s likely that you have to shop somewhere for food and various and sundry other items. You might as well get rebates from a site like Ibotta.

The rebates from Ibotta can stack with coupons and a cashback credit card like the Chase Freedom. You can even get a $150 bonus for using the Chase Freedom to make $500 in purchases in the first three months after opening the account. Just don’t forget to pay the balance in full each month. You can sign up for the Chase Freedom with this link, if you have good credit, that is.

If you’d like to follow my progress each month, be sure to go to the top of the page and sign up for updates. You can also follow me on Twitter. Also, if you could share this latest update below via Twitter, Facebook, or any other social media platform, it would be much appreciated. I want to inspire others to improve their finances.

Disclaimer: This site has affiliate links. If you decide to sign up with one of these affiliate links, I may be compensated. I appreciate any support you might provide.

Money Tree

Online Earnings For April 2017

Online earnings can benefit your bottom line.
Photo Credit: FirmBee via Pixabay (public domain)

The month of May 2017 is about a week old. April is long gone, and I’ve already updated any readers on my passive dividend income for April 2017.  Now it’s time to write about my online earnings for April.

I love passive income, but the biggest problem with this type of income is the fact that everyone starts at $0.  That is, unless you’re a trust fund baby. You have to earn active income before you can receive passive income.

Even in the instance of people who get born on third base, someone had to earn the capital to produce the passive income to start with. I’m in the accumulation phase of this journey.

Dave Ramsey likes to say that your biggest wealth building tool is your income. If you can build up passive income that covers your expenses, you’re financially independent. You’ve reached the “pinnacle experience” that Ramsey mentions.

However, if you’re not yet there, you still have to earn your income. This will usually come from a job. Doctors and lawyers and engineers tend to make enough to build wealth pretty quickly. Most of the rest of us, not so much.

This, dear readers, is why I started attempting to ramp up online earnings several years ago. I figured that I needed to bring in some more income than my job provided.

I’d worked fast food and retail in college. I knew I did not want to do so again. That’s why I started investigating ways to make money online, preferably in my pajamas–hence the name of this site.

I earned some side money in April. Here’s how I did so.

Online Earnings For April

I had online earnings from three different sources in April. Keep in mind that these avenues took a bit of effort on my part. They were definitely active income. Here is my online income by source for April 2017:

Freelance Writing:                                                                                                $218.02
Swagbucks:                                                                                                                  $50.00
GiftHulk:                                                                                                                          $5.00

Total Online Earnings for April 2017:                                                      $273.02

This is about an average month for me. As I’m looking to build up passive income, I could increase my passive income by nearly $11 if I invested all of this money into a dividend stock that pays a 4 percent yield. That’s enough to buy me about 1/2 an hour of freedom based upon my estimate of needing $20/hour to keep up my current standard of living.

I’ve had people ask where I earned money for freelance writing. I’ve earned several thousand dollars writing on Textbroker over the past few years. This is a site where people who need articles/blog posts/marketing materials written post opportunities for enterprising individuals like myself. You can claim any that are available at the level you’ve qualified for.

I earned a bit of money from GiftHulk this month.  This site pays users for the first search they perform each and every hour. You can also perform other tasks like watching videos on GiftHulk TV to earn more “Hulk Coins”, which is the digital currency that you can cash out.

I used my Hulk Coins to get PayPal cash, which I put toward paying down my mortgage. This will effectively earn me a return of 4.125 percent, which is my current interest rate. You can sign up for GiftHulk here if you want to start earning a few bucks in your spare time.

I also earned some income from Swagbucks.  This is a site that’s pretty easy to use. You can use the money you earn here to build wealth over time. Here’s a resource with the general strategy that you can use to start growing passive income via Swagbucks.

Benefits Of Earning Online

One of the biggest benefits of earning money online is the fact that just about anyone in America can do so. For sites like Swagbucks or GiftHulk teens as young as 13 can earn.  Most freelance writing sites will require you to be an adult.

If you’re smart, you can use the money you earn to do great things like pay off debt or save for the future. Whether you pay off debt or save money, you’ll earn a return that’s equal to the interest rate. You can avoid paying interest if you pay off debt. You can earn interest or dividends if you save. It’s a win-win situation regardless.

Online earnings are only limited by the time that you spend and the effort you put into making money. Also, it’s a good idea to think in terms of the future. A dollar today is worth more than a dollar in the future when you think of the power of compounding. The time to start earning is today so that you can take advantage of that power.

If you’d like to follow my progress each month, be sure to go to the top of the page and sign up for updates.

Disclaimer: This site has affiliate links. If you decide to sign up with one of these affiliate links, I may be compensated. I appreciate any support you might provide.

Money Tree

Earning Money in Pajamas with GiftHulk

There are many sites on the Internet that allow people to earn money from the comfort of their living rooms and dens. This site has covered several of these. I recently verified another site that allows users to earn money in Pajamas. This site is called GiftHulk, and many of the mechanisms for making money are similar to those available on sites like SwagBucks and CashCrate.

One of the easiest ways to earn the digital currency on GiftHulk, called Hulk Coins, is through search. Users can make unlimited searches, but only one per hour, the first of each new hour, will actually pay out. The searches that pay earn 4 hulk coins, which amounts to about 0.4 cents, depending upon the reward or gift card that the user decides to purchase with the Hulk Coins.

GiftHulk also has a number of surveys that its users can complete. The rewards for completing these surveys can vary quite extensively, from less than 100 HulkCoins to several hundred.  One of the more interesting ways to earn points is through the win link:

Guess the Card
Guess the Card

Users can click on the drop down link for “Guess the Card” and win Hulk Coins. There are three options: the exact card, the number, or the suit, and the number of Hulk Coins that you could win is related to how difficult the guess is.  Additionally, a win will sometimes come with an earnings boost. I’ve been able to get anywhere between 8 and 14 percent in addition to the base earnings. This boost will last for several hours.

Like SwagBucks and CashCrate, there are also options to watch a number of different videos. You will not likely win Hulk Coins for each individual video, but will rather have to watch through a number of videos to earn a varying number of Hulk Coins. These can be watched while sitting around in pajamas. Usually, the number of Hulk Coins that you can expect to win will be 15 or less.

GiftHulk also has a shopping portal that users can click through to major retailers to earn Hulk Coins on their purchases. The retailers include options like Wal-Mart, Target, Macy’s, and Expedia. The number of Hulk Coins that a purchase earns varies based upon the specific retailer utilized. For example, BJ’s Wholesale is currently offering 8 Hulk Coins per dollar (about 0.8 cents), while Verizon is offering 100 Hulk Coins for each dollar spent. This amounts to a 10 percent discount.

When it comes to cashing out, GiftHulk has a very low redemption level for what I would consider “good” awards. Like SwagBucks, users can cash out for PayPal cash, which is my favorite award, as I can use it to purchase stocks that will pay me additional passive income, which is the best form of income.  Some users might opt for an Amazon gift card, or, with the popularity of Pokemon Go, there’s the option of getting gift cards toward this current phenomenon.

Rewards available on GiftHulk
Rewards available on GiftHulk

One award that people might be interested in purchasing that most other sites do not have available is BitCoin. This cryptocurrency is available from GiftHulk. It varies in relation to actual dollars, and it’s more expensive than $5 from PayPal. 5 mBTC costs 6,000 Hulk Coins, which is about $6 when related to the cash from PayPal.

You can buy BitCoin through GiftHulk
You can buy BitCoin through GiftHulk

From what I’ve been able to tell, it seems easier to earn with SwagBucks than it is with GiftHulk. This does not mean that the site is without value. It does pay out, and sometimes, there are videos available when they are not available on SwagBucks. Therefore, it can be an alternative method for earning a bit of money from home. You can sign up for GiftHulk here if you want to give it a try.

Disclaimer: This site publishes referral links from time to time. These will generally provide a small payout for me. You can sign up for the same sites without the referral link and get the same benefits (i.e. payout) that you get from using the link. However, should you decide to sign up with my links, I definitely appreciate the support. 

If this post helped you, be sure to follow the site to get updates. I’m also on Twitter at @moneyinpajamas.