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Online Income For June 2017

Every month, I put in some effort to earn money online. This online income helps me balance my budget and do things that I would otherwise be unable to do. As I’ve noted before, I started looking for ways to make money online after my first child entered the world. I did not want to spend countless hours at a fast food joint or at Wal-Mar or some other such retail establishment.. Maybe I could’ve been able to make ends meet, but I’d miss many hours that I could have been with my kids.

I had Internet access, and I started to research. Some of the options that I came across over a few months and years of looking were blogging, surveys, and freelance writing. I’ve utilized many of these options, and I’ve even reviewed some here. I continue this process each and every month. My goal is to pay myself first. Other goals relate to paying off debt and making up shortfalls that might arise in any given month.

Hopefully, if I can continue to earn money each month and build it up, I’ll be able to have a solid retirement in a few years. I also track my passive income on this site so that I can keep myself accountable and encourage others.

Why Track Online Income

When the Internet first became popular, I heard about people making money. I figured that these people had computer engineering degrees and lots of skill. My experience with computers included failing to get my programs to print to the print server in my one and only computer class. I did not have any interest in learning about these cantankerous machines that did not work when I wanted them to.

Keep in mind, this was in the days of MS-DOS. One mistake in a long line of code totally destroyed anything that you hoped to accomplish. It totally frustrated me and made me hate computers.

Online income can help you fill up a suitcase full of money
I didn’t make a suitcase full of money, but I did make some.

As the Internet gained in popularity, and I found myself in need of more cash, I started searching. My first attempt to earn money was a blog. It did not make much in the way of money. In fact, it took more than 5 long years to get paid from my ad network. I quickly looked to other options.

However, that first blog was a great learning experience. I figured out the fact that you do not need to have a great deal of computer knowledge to start a blog. This blog, Earn Money In Pajamas started about 3 years later, and I started making a bit of money almost immediately.

I track my online income for two reasons, and they are much like the reasons I track my dividend income.

  1. It keeps me accountable and moving toward the goals I have.
  2. It might benefit others by showing them how to do the same, as many of the options are not zero-sum games where you earn and I lose. You can earn while I earn, and vice-versa.

Online Income For June 2017

I had several different income streams during June. Many of these were the same methods I used to earn money online in May.

The grand total of my online income for June came in at $312.94, which was just below the $355.22 that I earned in May. I’m still happy with this total, though. It allowed me to put away some into a retirement account. Some of the income also went toward paying down my mortgage, although I’m going to change that strategy a bit going forward as I’l elaborate below.

Notes On Online Income For June 2017

My earnings from Swagbucks were a bit skewed this month. I intended to save up for a large gift card for Southwest Airlines for a vacation. Therefore, I did not cash out as much as I could have. July’s total will be the biggest so far from Swagbucks because of this.

I decided that I should probably just cash out my Swagbucks earnings with PayPal so that I could earn some interest after transferring the funds to my bank. Future months should be more like normal. Swagbucks is my favorite site to use. I earn through my own work. I’ve also earned from referrals, and you can too.

If you’d like to start a blog to start building up referral and affiliate income, it’s pretty easy to do so. I’d recommend your using a self-hosted blog, which will take a bit of money to start and maintain. Free blogging software generally will not allow you to market as easily, though. I make a few bucks a month from referrals, and it’s grown over time. One of the best deals if you’d like to start your own self-hosted blog is through BlueHost. BlueHost has a great reputation, and the sites are among the most affordable to operate (only $3.95 a month for new users). If you’d like to start a blog with BlueHost, be sure to click the banner below to get started (affiliate link):

More Notes On Online Income

Another note that I’d like to point out on the earnings for the month is the fact that I just started using EarnHoney toward the end of the month. This site allows you to earn passively by just letting videos play, even while totally muted. This is something that’s pretty unique, and I anticipate earning some money from the site each month going forward.

Finally, I’m loving Ibotta. I cashed out again in June, and I paid the $25.75 as an accelerated mortgage payment. I’m looking to put it toward some debt from grad school from now on, and some additional income toward debt will hopefully help me pay it off faster and faster. I really recommend this app, because everyone has to buy groceries. Ibotta basically gives you a rebate on these purchases. Score! You can sign up for Ibotta with my link here.

My New Strategy For Online Income

Most of my online income has gone toward investments in the past couple of years. I’m still going to pay some of it to my future self, but now, I’m planning to use some of the excess income I bring in toward paying off debt other than my house. My mortgage is the only debt that I can hold that gives a tax break. Therefore, it benefits me more to pay off other debts first.

I still owe a bit on my education. If I kept up the current payment rate that’s just above the minimum, I’d take about 8 or 9 years to pay it off. I’d like to pay it off in a fraction of that time. Therefore, the early mortgage payments will stop. The investments will slow down. I’ll keep up with how much extra I put toward debt as a result of my online income from here on out . I already put $25 extra toward it in June. 

Some Reviews You Might Find Helpful

  1. EarnHoney Review
  2. Swagbucks Review
  3. GiftHulk Review
  4. CashCrate Review

How did you earn extra money online during June? Do you have any other options that worked? Let me know in the comments.

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.  I’m now above 300 followers, and I’d like to get more than 400 by the end of summer. You can help!

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 and show them some easy ways that they can do so. Just click on the “Share This” link at the bottom of this post!

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.

 

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EarnHoney Review: Can You Earn Money In Pajamas?

Back when I started working on Earn Money In Pajamas, one of the things that I was really interested in was making money online. Millions of Americans live paycheck to paycheck. This makes extra money a must. Side hustles are a great way to make some additional spending (or saving) cash. I’ve reviewed several websites that allow users to earn money without leaving home. Here is one of the newer sites that I’ve found. Read on for my EarnHoney review. Please note that some of the links on this page are affiliate links, so I may be compensated should you sign up using them.

EarnHoney is, in some ways, much like many of the other sites that allow you to earn money online. In other ways, it’s different.

Signing Up For EarnHoney

What EarnHoney review would not discuss the ease (or lack thereof) of signing up for the site. Getting an account on EarnHoney is quite easy. Basically, you need an email address and a password. A username/account number are auto-generated by EarnHoney. There was no request up front for an address or birthday, so theoretically, a 10-year-old could sign up. Once you put in this information, you’ll be able to get started earning money in pajamas. There is a “survey” that you have to fill out before getting access to other surveys. I’ve yet to do it, and I’ve already cashed out.

Please note that only residents of the US can actually earn money on EarnHoney right now. People from other nations can sign up, but they will not have any offers available to them. Since I’m a resident of the US, I’m good to go here.

How Can You Earn Money On EarnHoney?

There are several options when it comes to earning money with EarnHoney. You’re not actually earning cold, hard cash, but rather a digital currency known as HoneyDollar$. You can use these to get cash, but I’ll go into that in a bit.

EarnHoney review of HoneyDollar$ earned
Here is the HoneyDollar$ page that shows how much you’ve earned

This is the earnings page, and it’s an important part of this EarnHoney review. If you’ll notice, it shows how many HoneyDollar$, also known as HD$, I started today with. It then goes into how many additional HoneyDollar$ I’ve earned today with a breakdown of how I earned those HoneyDollar$.

Now for how exactly you can earn some ducats on EarnHoney. If you’ll look at the left edge of the picture above, you’ll see “Earn” with five options below it. The offers are much like some of those available on other similar sites like Swagbucks (my personal favorite). Think in terms of Peanut Labs if you’re familiar with Swagbucks. To be quite honest, I have not yet gotten to the “Give Opinion” part of the equation, as I’ve not yet given the information necessary to access more surveys.

Review of Ways to Earn Money Watching Videos On EarnHoney

What I have used to earn money on EarnHoney is the Buzz TV, Watch, and Play Games options. There is only one game. It’s an addictive 2048 game that requires you to move tiles around a grid to try and multiply the numbers up to 2048. I’ve not been successful at getting to 2048, but I have earned money from it. The money comes from ads that show while your playing the game.

The Buzz TV and Watch links basically allow you to watch videos with ads at the beginning of them. Advertisers pay EarnHoney for showing ads to the site’s users. EarnHoney then returns some of this income to those who watch.

Earn passive income with Buzz TV
Buzz TV is a way to earn passively.

I’ve been letting the auto videos play to make most of my HoneyDollar$ thus far. You click the link, and then get sent to a page with a video that gives instructions of where to go. If you want to skip the instructional video, you can just clink on the “Go There Now” link. This will take you to either a Facebook page with a link to “Watch Videos, which is pretty explanatory, or a Google search results page. You can literally click on any of the links on the Google page and the videos will start playing.

The coolest things about these videos is the fact that they have an autoplay feature that will keep on keeping on as long as the box is ticked. It’s been ticked automatically each time that I’ve gone in, so I don’t think you’ll have to do anything to get the videos to continue playing.

This is cool because you literally have to do nothing after clicking on a link to watch the videos. They will theoretically play and continue to pay until you hit the daily limit. Then you could start on another of the Buzz TV options. This is about as close as you can come to passive income on the web, and as I’ve noted before, passive income is the best income. This is my favorite part of this EarnHoney review.

How Much Can You Realistically Earn With EarnHoney?

This EarnHoney review would be nowhere near complete without explaining how much you can actually earn on the site. The site claims that you can make between $2 and $6 a day. The earning goes slow, I’ll be the first to admit. You’ll usually get between 0.2 and 0.5 HoneyDollar$ per video or game. One HD$ basically equals a cent. Immediately after signing up for EarnHoney, you’ll get an option to watch an instructional video that pays 30 HD$. It’s all of a minute in length.

However, keep in mind that you’ll earn from the Buzz TV videos without doing anything. I’ve actually earned about $0.10 an hour while taking a nap and taking the kids to the pool. I’ve earned the same watching Mountain Men on The History Channel while letting EarnHoney do its thing.

Admittedly, this is pretty low, but it’s pretty much completely passive. I don’t do anything other than click a link. You could use this money to save up for Christmas presents. It’s also possible that you could use it to pay down debt more quickly. Finally, you could add your EarnHoney earnings to your investment account to allow the passive income to make even more passive income. Remember the power of a dollar and how just an hour a day can add up to some serious money over time.

If you’re worried about the cost of the electricity for your computer, it costs about $8 a year to charge a laptop. A tablet would take even less. You’ll come out ahead of the game using EarnHoney for passive income.

What Can You Get With Your HoneyDollar$?

This section of my EarnHoney review will look at what you can actually get with your HD$. There are basically four options. When you get up to 200 HoneyDollar$, you can get a $2 Amazon e-gift card. This is available only on the first redemption. Afterward, Amazon gift cards come in $5, $10, and $25 denominations. You’ll get a 1% discount by redeeming with Amazon.

Secondly, you can use your HD$ to get a Visa Debit card. These come in the same denominations as the Amazon gift cards, plus $50 and $100 options. You’ll also get a 3% discount when you redeem for the Visa Debit cards.

Third, you can donate your HD$ to charity. I’m not likely to do this, but it is an option. You can only donate 500 HD$ at a time, and you have the option of giving to well-known charities like the United Way, World Wildlife Fund, and the Salvation Army.

Finally,  you can use EarnHoney to get PayPal cash. I utilized the Amazon $2 option for my first redemption to see if it would actually work. It did. EarnHoney pays out twice a week, Monday and Friday. I redeemed on Monday, and got my e-gift card on Thursday evening. It was Friday somewhere, I’m sure! I plan to use the PayPal option from here on out, as I can easily put the money in an emergency fund or an investment account from there after transferring the cash to my bank account. $5 and $25 options are possible with PayPal.

EarnHoney Review Conclusion

So, in the final analysis, what EarnHoney review would be complete without a recommendation or lack thereof? You can definitely redeem your HD$ and get what you’ve ordered. I got my $2 Amazon e-gift card when the site said I would. Therefore, it does not appear that EarnHoney is a scam.

The earning is slow going, as most of the online survey and GPT options are. However, this site is unique among those that I’ve used because it allows you to earn pretty much passively. I can let videos play with ads while I’m cooking lunch or sleeping. This truly is one of the best options for earning money in pajamas. You can sign up for EarnHoney here if you’d like to start earning passively.

Other Reviews For Earning Money In Pajamas:

Earn Cash And Rewards With Swagbucks (I just passed $1,700 in lifetime earnings with Swagbucks)

Earn Money With CashCrate (I’ve earned more than $1,000 with CashCrate)

Earning Money In Pajamas With GiftHulk

If you’ve found this review helpful and would like to get further updates, be sure to sign up to follow the site. You can also follow me on Twitter. I truly appreciate your support.

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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.

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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.

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Top 5 Ways To Redeem Swagbucks

Some of my online earnings from searching the web that allow my to redeem Swagbucks
I got some online income from searching on Swagbucks.

I’ve recently been tracking my online earnings on this site, and if you’ve noticed, one of my top earnings sources is Swagbucks.  When I started this site, my first post detailed how to earn and redeem Swagbucks.  I’ve continued using Swagbucks since then, and I’m now up to nearly $1,600 in lifetime earnings.

You can read the review above or check out this e-Book to learn more about the part about earning Swagbucks. The earning process is only one part of achieving success with Swagbucks.

The digital currency, made up of points known as SBs, can really pay off with some great redemption options.  Here are five of the best options when it comes time to redeem Swagbucks.

5. Charitable Organizations

When you’re ready to redeem Swagbucks, you can put your SBs toward a few charitable organizations. It’s possible to donate 5 SBs (essentially $0.05) to great works like Doctors Without Borders or the Wounded Warrior Project.

There are other options for charitable contributions. Additionally, you can save up 2,500 SBs and get a $25 e-gift card that you can designate to one of about 150 charities.

4. Department Stores

Some of the leading retailers in America, like Kohl’s and Macy’s offer e-gift cards through Swagbucks. You can redeem Swagbucks for these gift cards that range from $10 all the way up to $250.

If you’re looking to earn a bit to offset the expense of Christmas and birthday gifts, Swagbucks can really help you out. These gift cards from leading retailers are just like cash, and you can earn them in your spare time.

Wal-Mart and Target are also great options for redeeming SBs. About 90% of Americans live within 15 minutes of a Wal-Mart. And Wal-Mart sells just..about…everything! Saving even $10 or $25 a month on groceries can really help your budget out.

Taking surveys earns Swagbucks
Earning from surveys allows me to redeem Swagbucks for PayPal cash.

3. Airline Gift Cards

If you like to travel without spending money, Swagbucks can help you out. You can redeem Swagbucks for e-gift cards on airlines like Southwest and Delta (currently offered at this writing, although American Airlines has also been featured as a reward option on the site).

2,200 SBs will get you a $25 e-gift card that can offset your expenses on a flight. Wait until you get up to 25,000, and you’ll be able to get a $250 gift card.

I’ve seen flights from Denver to LAX on Southwest for as little as $40 one-way during one of their famous fare sales. Throw in a few Hotels.com gift cards, and your trip to Disneyland could be quite a bit cheaper than you’d expect.

2. Amazon

Need I say more? AMAZON. You can literally get just about anything you want on this website. Auto parts? Check. Clothing? Check. Collectibles? Check. What started out as an online bookstore is now so much more.

When I first started earning on Swagbucks, I usually cashed out for $5 Amazon e-gift cards. These are still available, as well as higher denominations, and they can really help you out on Christmas presents.  However, they’re not my favorite redemption for my hard-earned SBs.

1. I Redeem Swagbucks For PayPal Cash

My favorite redemption option now is straight up cash. I have to take a couple of steps to convert my SBs to money in my checking account and then to my investment accounts, but it’s worth it.

I use my Swagbucks as soon as I can redeem for $25 in PayPal cash. This then ultimately ends up buying dividend stocks.  Hopefully, these dividends will go to buy more dividend stocks, so the money I earn with Swagbucks today will hopefully contribute to my income stream for the rest of my life (and possibly the lives of my kids and grandkids in the future).

If this all sounds too good to be true, it’s not. Like I said above, I’m near $1,600 in earnings with the site. You can sign up for Swagbucks here, and start earning today! If nothing else, you can earn from easy tasks like your Internet searches all without leaving the comfort of home.

Disclaimer: This post includes affiliate links. I obviously appreciate any support you choose to give. You can just go to Swagbucks and earn as much, but I appreciate if you decide to click on my link. 

Be sure to sign up for my mailing list or to follow me via Twitter if you’ve found this article beneficial.

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Online Earnings For February 2017

Some of my online earnings came from Swagbucks
I earned some of my online earnings from Swagbucks.

I’ve decided that it would be a good idea to track my online earnings this year. I used to do this when I started my site a little more than four years ago, but dropped out of the habit. I’ve since started tracking passive income from dividends. I believe that passive income is the best income, and that dividends are the best form of passive income.

Passive Income Does Not Build Itself

However, to build up passive income, I need to earn income from active work. This is necessary because passive income does not create itself. It’s a function of earning money off of capital invested in anything from pork bellies to gold to stock in great companies.

Starting around 2008, I began earning a bit of extra money online. I took a big pay cut to start a job that I really wanted. There was the possibility of this job becoming a great career, and it did. However, the financial remuneration at the time was not the best. I had a new and growing family, and I had no desire to work retail if I could avoid it I therefore started to focus on online earnings so that I could make money without leaving the house outside of my day job.

This effort started to pay off nearly immediately, and I’ve not had to go back to working in retail or fast food to make ends meet since. Some months I make more; some months I make less. Regardless, the additionally money outside of my day job has really helped my standard of living. I made money online via two different avenues during the month of February 2017.

Online Earnings For February 2017

Swagbucks:                                                               $25.00
Freelance Writing:                                               $176.87

Total Online Earnings, 2/17:                          $201.87

This was less than the $334.60 that I earned online in January, but it was still a nice little bit of income that helped me toward my overall financial goals of building up passive income. Part of the money that I made in February went toward buying quality dividend stocks that should pay me passive income for years into the future. Hopefully, I’ll make more in March that can help propel me further. I’m hoping that both my online earnings and my passive income will snowball in the future.

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Online Earnings For January 2017

The title of this site is Earn Money In Pajamas. I like earning money while sitting at home and watching TV or hanging out  with the family. I can earn money at home at just about any time that I’m not at my day job. The money that I earn online goes toward investing and toward paying bills. It also goes toward paying off debts.  I’m again tracking my online earnings.

Online Earnings Can Add Up
A $500 bill, public domain via Wikimedia Commons

I used to keep up with how much money I made each month. I set online earnings goals for the first couple of years that I kept this site up. The past couple of years, however, I’ve slipped up on this process. I’ve been focusing upon earning money online, but I’ve been reporting on the money that I’ve made from dividend income.

Dividend income is a great method of earning money in pajamas. I own teeny little slices of companies that pay me a portion of their profits. All I have to do is wake up and get the notification that I’ve earned a dividend.  This is an example of passive income, which I firmly believe is the best form of income.

Online Earnings For January

I’ve also been involved in active income in the past couple of years, and one of the methods that I’ve continued to earn money is via online activities. After giving it some thought, I decided that I might give regular updates to show you that it’s possible to earn money online (in your pajamas) in 2017. Here is what I earned via online activity in 2017:

Swagbucks:                                      $75.00
Freelance Writing:                      $259.60

Total Online Earnings 1/17:  $334.60

I can’t complain. The money that I’ve earned with Swagbucks has gone toward purchasing stock in high-quality companies. The rest of the online earnings that I’ve accumulated over the month have yet to be spent on anything. I would like to invest them, but I need to build up some emergency savings. How did you do via online earnings last month?

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Avoid the Christmas Debt Trap With Online Earnings

Debt Is Not Cool

Debt is NOT cool. It can strangle the life out of people. It basically makes you a slave to your lender. Staying out of unnecessary debt is one of the most important steps to take toward financial freedom, because debt brings interest payments that hurt your cash flow. If you pay cash for the things you buy (or pay off the credit card bill in full each month), you’re automatically saving any interest you would have paid had you gone into debt.

Some debts are better than others. For example, a home mortgage can be a “good” debt because buying a home on credit with a mortgage can actually cost less on a monthly basis than renting in many markets. Every dollar that you pay toward the principle of the home loan will also build up your equity, which is a major component of net worth. Student loans can be a “not-quite-so-bad” debt, as long as it is manageable because a degree can lead to higher earnings over time. Most other debt is pretty crummy because it forces you to pay more than you would normally pay for the items you buy on credit.

The Christmas Debt Trap Is Super Not Cool

One of the absolute worst sources for major debt is Christmas debt. Christmas doesn’t really sneak up on people. It shows up at the same time every single year. It’s always on December 25, year in and year out. It should not be a shock. Americans (and people of other nationalities who celebrate Christmas) tend to spend lots and lots of money at this particular time of the year for just about anyone that they come into contact with.

Of course, this is a slight exaggeration, but the average person who goes into debt for Christmas presents takes until April until the debt is paid off. Instead of paying the retailer for the full price of these presents, lots of Americans tend to also pay a nice little chunk to a bank for the privilege of using the bank’s money for the presents.  The bad thing about the Christmas debt trap is the fact that many kids will play with the boxes and other wrapping for as long as they do the toys that are within the packages.

Avoiding the Christmas Debt Trap With Online Earnings

One of the major purposes of this site is to get people (AKA you) to think about ways to increase your earnings so that your financial situation will be a bit less constrained outside of self discipline. One of the benefits of earning more money is more flexibility. Earning extra money before Christmas should allow you to pay off the bill for presents before the credit card comes due, which is a good thing. If you have any left over after buying for everyone on your Christmas list who’s avoided getting on Santa’s naughty list, that’s a great thing.

The first step in avoiding the Christmas debt trap through online earnings is setting up some goals for actually earning the money.  This will require investigating some of the leading places for making money online. If you’re just a few weeks from Christmas, sites that allow for instant or near-instant redemption of funds would be preferable. If you have longer, you can also start looking into sites that pay once a month to maximize your earnings. Here are some of the top options that can allow you to earn some money for Christmas (and all year ’round, for that matter).

Online earnings can help you avoid the Christmas debt trap.
Here’s a check that I earned from CashCrate

The second step in avoiding the Christmas debt trap because of Christmas gifts is actually signing up for some sites that allow you to make some money pretty easily. Here are some sites that I’ve used to some success over the past few years. I’ve even earned more than $1,000 on a couple of them in my free time, much of it while I’m watching TV in my recliner.

Sign Up For Swagbucks

My favorite site is Swagbucks. There are several options to earn money pretty quickly here, and you can cash out when you get up to 500 SBs (the digital currency on Swagbucks) for a $5 Amazon.com gift card.  I usually save up for a $25 redemption in PayPal cash. You can read my review of Swagbucks here.  I’ve earned more than $1,300 from this site.  Kids as young as 13 can start earning money on Swagbucks.

View Webpages For Money On Clixsense

I’ve also been using a site by the name of Clixsense recently. I’ve already redeemed three times, and you can earn money pretty quickly by just clicking on links and viewing the website for 15 or 30 seconds. I actually view the TV while I’m clicking. I’ve not reviewed the site on this blog yet, but I can say that it definitely pays.  The first payout has to be by check and reach $10, but subsequent payments can go on PayPal after reaching $8 and take only 2-5 business days to go through. You can sign up for Clixsense here.  You have to be 16 years of age to set up a Clixsense account.

Try CashCrate

I’ve earned more than $1,000 from CashCrate. This is one of the oldest websites that allows users to complete various tasks. This one only pays out once at the beginning of the month and requires $20 in earnings. I’ve done a more in-depth review of CashCrate here.  One guy that I’ve seen on another site has earned nearly $160,000 from CashCrate, but that would take lots and lots of referral income. A few bucks here and there each month is more likely.

If you’re looking for more ways to earn money online, you might like my list of Thirteen Ways to Make Money Online Without Spending a Penny, but the three listed above are likely to earn money pretty quickly.

Online Earnings Can Pay As Well As A “Real” Job

Some people will complain that it takes quite a bit of time to earn much money. However, it’s important to remember that there are costs associated with going to a day (or evening job) that quickly cut down on your actual income per hour of work, especially if you’re a mom or dad who only makes minimum wage or slightly higher. I recently read a personal finance book** that showed that a wife with kids who worked at an $18,000 per year job only pulled down $0.64/hour when accounting for additional clothing, transportation, and child care costs.

That’s hardly worth going to an office for 8 hours a day. You can make that much or more online pretty easily without even having to leave the house. That’s why I’ve been into earning money in pajamas for the past few years. It’s definitely been very beneficial to improving my standard of living, and by making a few hundred dollars over the course of the year, you can avoid the problem of getting into the Christmas debt trap from buying presents altogether.

*Disclaimer–I may earn a referral commission if you sign up for some of the programs that I cover on this site. I’ve actually used all of them and have gotten paid. You can still earn from the sites without using my link, but I definitely appreciate any support that you give.

**Howard Dayton, Your Money Map: A Proven 7-Step Guide to True Financial Freedom (Chicago: Moody Publishers, 2006), 95-96.

***If you’ve enjoyed this post, be sure to sign up to receive future articles in your inbox. You can sign up near the top of the page with a box on the left toolbar. You can also follow me on Twitter.

 

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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

Earn On GiftHulk With 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. When you progress through the levels that are available on GiftHulk, you get more chances to guess the card, which leads to more earnings–for free!

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.

What Can You Use Hulk Coins For?

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. Please note that you cannot use GiftHulk to earn Bitcoin any more.

You can buy BitCoin through GiftHulk
You can no longer 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. I’ve actually started to use this site more as of 2017, and as you progress through the levels, you can earn more easily.

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.

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How Swagbucks Allows Me to Earn Passive Income from Dividends

My very first post on this site more than three years ago touched on the benefits that users could earn from the site SwagBucks (you can sign up here).  The site allows users to complete a number of different tasks that earn a virtual currency known as Swagbucks. This virtual currency is not like Bitcoin in that the value can vary greatly over time. The Swagbucks pretty much have a fixed redemption value of one cent per Swagbuck. This current post is going to show you how you can cash in and start to earn passive income that could literally last for the rest of your life.

Many people who use the site cash in for things like $5 e-gift cards from retailers like Amazon or Walmart. I do not choose to use this redemption option. The coolest of all redemptions, in my estimation, is $25 in PayPal cash. I use the site to earn money in pajamas, and have been putting my PayPal cash to work earning money on the money I earned in my pajamas.

2,500 Swagbucks allow to cash in on PayPal. I can earn these 2,500 Swagbucks in a variety of ways. One of the most common options is by searching on the web. I use the search bar, and the site randomly provides a number of Swagbucks that generally ranges between 4 and 50. Here is a picture of what a “win” looks like:

I scored 11 Swagbucks with this search.
I scored 11 Swagbucks with this search.

 

Answer Surveys

One way that I can earn more Swagbucks is through online surveys. I tend to look at the surveys under “Gold Surveys” the most, as I seem to have more luck getting them to credit. The surveys that pay out 50 Swagbucks for 10 minutes are generally from a site called Opinion Central, and I have had pretty good success from these. They generally take less than the 10 minutes advertised, as well.

I opt for the New Gold Surveys
I usually opt for the New Gold Surveys

Another major way that you can earn Swagbucks in pajamas while watching the TV is by watching videos. There are a couple of options that I’ve found that I can earn quite a few Swagbucks pretty quickly.  I frequently will watch videos by clicking on this dude who’s sitting behind a laptop:

Click on this guy to watch videos that credit on Swagbucks.
Click on this guy to watch videos that credit on Swagbucks.

 

Watch Videos To Earn On Swagbucks

After clicking on laptop guy, you will then be taken to a screen that invites you to watch the videos. You have to scroll through a few (usually between 5 and 10, although sometimes there will be an ad campaign with just one video). This usually pays out 2 Swagbucks, which is admittedly not much, but I can easily scroll through them while watching TV (this is the maximizing spare time for income, folks). Sometimes around Christmas, the process will pay out 3 Swagbucks per task. You would click through all of the videos. I set up my screen to look like this so that I know when to click the green button:

Swagbucks Videos 2

Another easy way to earn a few Swagbucks while watching TV is through nCrave videos. I like the ones that are highlighted here. I use the ones with the swirling arrow icon that’s circled in red:

Encrave Videos can help you earn some Swagbucks with little effort.
nCrave Videos can help you earn some Swagbucks with little effort.

After clicking on the nCrave video, you need to make sure that the “Discovery Mode” is toggled to the green check mark. This will let the carousel of videos play automatically. Again, you won’t get rich overnight from this process, but it’s a few Swagbucks for very little effort. They do add up over time.

Make sure the Discovery Mode is toggled on to automatically cycle through the videos.

Make sure the Discovery Mode is toggled on to automatically cycle through the videos. 

I work on several of these tasks when watching TV on a daily basis. Most months, I am able to cash in at least $25 toward PayPal cash; some months, I cash out $50. When this cash hits my PayPal account, I can then transfer it to my linked back account and then transfer it to a brokerage account. I’ve been transferring it to Loyal3 each month. When it hits Loyal 3, I can then invest with no commission in one of the 60-some companies that this brokerage allows people to invest in. I reviewed how I use Loyal3 hereNote: Loyal3 is no longer a good option, as it is closing down in May 2017. 

Each PayPal cashout will allow me to get around $0.75 per year for life for each $25 I invest (when estimating a dividend yield of 3%). Over the course of the year, I will get around $10 in dividend income, give or take a few dollars, depending upon the companies invested in. This is where the concept gets pretty cool. That $10 in dividend income can then be put into additional stock, and the compounding process can begin.

The money that I earned in pajamas with Swagbucks can then go toward making its own money, which will then make more money. This is the definition of passive income. Over time, even if one or two companies go belly-up (I buy only companies that are paying dividends, and I invest in multiple companies to diversify my risk), I should have a pretty decent amount of income coming in on a quarterly basis. The major factor for success is persistence.  Check out this article on the power of getting just an extra dollar a day to invest.

What Are You Waiting For? Passive Income Is Within Your Reach! 

To get the ball started, you can sign up for Swagbucks here. Please note that should you do so, I could get compensated for referring you. I only share method’s that I’ve used myself that work. I’ve earned more than $1,000 via Swagbucks since signing up, and the majority of this income has been earned by my activity, not referrals. Now the money I’m earning is earning its own passive income. Should you decide to sign up with my link, I appreciate your support. Good luck earning money in pajamas.

If you’ve learned something new from this post, be sure to sign up to follow the blog. I update it fairly frequently with the ways that I’m earning passive income.