The move was risky. And I don’t regret it one bit.
I’ve always thought animal prints were for other people. That was then. I now have two zebra-striped chairs in my living room. With the blessing of a designer I trust, I tapped the animal within. Now I wonder what took me so long.
A few months ago, I realized my adjoining dining and living rooms looked tired. I wanted to update them, make them come alive, but I couldn’t afford to start over.
So, I called Los Angeles designer Christopher Grubb, whom I’ve known for years, and asked for a consult. I would do all the legwork, if he could just tell me what to keep, get rid of or revamp. We agreed I would keep the traditional dining table, but replace the stodgy tapestry dining side chairs with more modern ones. And keep the two dining room armchairs but reupholster them in a more contemporary fabric and move them into the living room.
I gathered nine fabric swatches to test drive and sent photos to Grubb. Then, before he could answer, I narrowed the selection and sent him a picture of the finalists, eliminating a bold zebra print I grabbed on a whim but ruled out. (It’s for other people.)
“What happened to the zebra?” Grubb asked.
“Oh, it seemed a little, well, wild.”
“It would look fantastic on those chairs,” he said. “And paint the wood glossy lacquer black.”
Designers take risks where the rest of us fear to tread. My little heart turned a somersault.
Next day, the tired tapestry armchairs, seven yards of zebra fabric and I were exuberantly off to the upholsterer, who took one look at the project, raised his eyebrows and said, “That will be fun.”
When the chairs came back, I sent Grubb a photo.
“Dang!” he said. “You turned them into not just useful pieces of furniture, but pieces of art.”
Many homeowners have furniture pieces that would look great flipped, but they just don’t see it. “They have heavy Mediterranean furniture they are trying to bust out of to make their homes more contemporary,” he said. “Then we give it a twist. Maybe we paint a humdrum brown end table robin’s egg blue and turn it into a fun and functional accessory.”
Worried it will “ruin” the piece? “You don’t like it anymore as it is, so what’s to lose?” he said.
“I’m a big fan of doing what you did,” said Dean Stills, co-owner of Stills Upholstery in Longwood, Fla. “I love to see people repurpose old furniture to make it fit their homes today by recovering it with more modern fabric and changing the finish. It’s so much better than taking it to the curb.”
Grubb encourages DIY decorators to work with designers the way I did. “Do the legwork, then hire a designer to consult for an hour or two,” he said. “People don’t take risks, so we walk through room after room of beige and grey.”
None of us wants to be that person.
If you’d like to add some pizzazz to your home, here are some moves Grubb and Stills suggest you consider.
Use the power of paint. A glossy fun color on brown wood furniture is an inexpensive way to modernize it and turn it into an art piece. (It’s also easier than refinishing.) Consider painting a chest a glossy lime or a mirror frame bright orange. When Stills painted my wood chairs glossy black, he used Crystal Conversion Varnish, because it creates a tough, hard finish that holds up.
Change the hardware. Switching out distressed iron knobs or ornate vintage pulls for sleek ones in brushed gold or polished chrome can instantly and inexpensively enliven old furniture.
Refresh fabrics. Before retiring a piece of upholstered furniture, think about recovering it. Older furniture, Stills said, is typically much better made than newer furniture sold today. Upholsterers can also replace and repair worn inner springs and foam.
Add a wow fixture. Chandeliers are a great place to take an expressive risk, Grubb said. “These standalone accessories don’t have to go with anything. They could be covered in feathers and look great.”
Incorporate some Lucite. Because it leans contemporary, just one Lucite piece, such as a chair, end table or bar cart, can bridge old and new looks, Grubb said.
Mix in some metal. Shiny metallic finishes also feel contemporary. Adding chrome table lamps, bookends or side tables can modernize an otherwise traditional room.
Reframe the art. Traditional art doesn’t need a traditional frame. Put an old painting in a contemporary frame or eliminate the frame altogether.
Marni Jameson is the author of seven books, including the new “Rightsize Today to Create Your Best Life Tomorrow.” Reach her at [email protected].
Join us for a free, virtual event series — “Rightsize Your Life and Live Well Now” — hosted by author, speaker and award winning nationally syndicated home-and-lifestyle columnist Marni Jameson on April 25 and May 23. Register at https://extras.mercurynews.com/events/.
In this post on the hidden costs of solar, I want to share some eye-opening experiences with solar systems and their often-overlooked costs. If you’re considering adding solar to your home, or you’re dealing with a property that has solar panels, this information could save you a lot of headaches and money. I have bought many houses with solar and I have run into many issues that many people have no idea about.
Table of Contents
Video: The Hidden Costs of Solar
The Foreclosure Solar Fiasco
Recently, I bought a foreclosure property at an auction. The winning bid was $249,000, which was lower than expected, possibly because the house had a solar system. Here’s where things got tricky. The title company refused to insure the house due to a $38,000 lien on the solar system. The previous owners owed this amount, and the lien survived the foreclosure.
This almost cost me the deal and my $122,000 earnest money deposit. Thankfully, my title company confirmed that the lien was against the equipment, not the property. So, the solar company could technically reclaim their equipment, which was fine by me as long as I kept the house.
How to buy a foreclosure
The Hidden Costs of Solar Systems
Many people think solar systems are a great deal because they reduce electricity bills. However, these systems are not free. You’re often taking on significant debt that affects your debt-to-income ratio, making it harder to buy another house. If the system is leased, the new buyer might have to qualify for the lease, or you might need to pay off the system before selling the house. In my case, this amounted to nearly $40,000.
Replacing Roofs with Solar Panels
In another deal, I had to replace the roof on a house flip. The house had solar panels, and removing and reinstalling them cost an additional $5,000. This wasn’t covered by insurance, which only added to the overall expense. Furthermore, insurance premiums might increase due to the extra cost associated with solar panel maintenance.
Solar Makes Selling Difficult
I’ve come across several interesting stories involving solar panels. For instance, a property listed for sale had a $99,500 lease transfer fee for the solar system. This fee could deter potential buyers and complicate the sale.
On other deals, the buyers needed to qualify for both the home loan and to take over the solar panel lease. While they were able to qualify for the house, they weren’t able to also qualify for the solar lease. Both together pushed above their limits. In these cases, either the seller needs to pay off the solar panels completely or the buyer needs to terminate.
Ultimately, when there’s a solar lease, the buyer’s “buying power” is reduced by the amount of the lease, which can be very substantial. In many cases, buyers will quickly learn they can get much more house for their money by avoiding ones with solar panels.
If you’re looking to add value to your house, instead of going solar, see my article: What Remodel Projects Add the Most Value to a House?
Key Takeaways for Homeowners
It’s Not Free: Understand that installing solar panels often means taking on significant debt. This debt doesn’t disappear if you sell the house or face foreclosure.
Potential Selling Issues: If the solar system is leased, the new buyer might need to qualify for the lease, or you might have to pay it off before selling.
Higher Insurance Costs: Solar panels can increase your insurance premiums and might not be fully covered in case of damage.
Hidden Fees: Be aware of possible lease transfer fees, which can be prohibitively expensive.
Maintenance Costs: Replacing roofs or dealing with panel damage can incur additional costs.
Due Diligence: Always ask about the potential implications of selling or refinancing a house with solar panels.
If you’re thinking about installing solar panels or buying a house with them, make sure you understand all the potential costs and complications. The savings on your electricity bill might not be worth the financial headaches.
What’s your experience with solar panels?
Let me know in the comments below. And don’t hesitate to ask any questions.
Looking for the best places to sell a wedding dress? If you want to sell your wedding dress online or near you, you have options! As wedding costs continue to rise, an easy way to make some extra money back is by selling your wedding dress. With the average wedding dress in the U.S. costing…
Looking for the best places to sell a wedding dress? If you want to sell your wedding dress online or near you, you have options!
As wedding costs continue to rise, an easy way to make some extra money back is by selling your wedding dress. With the average wedding dress in the U.S. costing a bride $1,800, selling your dress to recoup some money back makes sense.
If you’re looking to sell your wedding dress, you’ve come to the right place.
In today’s article, I’ll teach you:
How to sell your wedding dress
Where you can sell your wedding dress
If it’s better to sell your dress online or in person
Tips for getting the most money for your wedding dress
Recommended reading: How To Sell An Engagement Ring For The Most Money
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This free workshop will teach you how to get into the flipping business. It will teach you how to resell furniture, electronics, appliances, and anything else you can find.
Why you should sell your used wedding dress
There are many reasons to part ways with your wedding dress including:
Recovering a portion of your wedding costs, which can be put toward a vacation or financial goals
Environmental benefits as this reduces waste and encourages reuse of things already made
Helping another bride afford a beautiful gown
Declutter your home and free up space
For many people, your wedding dress just sits in a closet for years. Instead, you may be able to free up some space and make some extra money by selling your wedding dress.
Are used wedding dresses worth anything?
Used wedding dresses are worth some cash, especially if your wedding gown is expensive and made of high-quality materials and craftsmanship.
Wedding dresses are often made to retain their beauty and integrity. Since these dresses are only worn once, brides see these dresses as a cheaper gown option.
Is your wedding dress from a well-known designer like Vera Wang, Oscar de la Renta, Monique Lhuillier, or Carolina Herrera? If so, your dress likely holds substantial resale value. These designer dresses are highly desired by brides who dream of a designer gown on a budget.
But, affordable dresses are worth something too! People buy used wedding dresses all the time, whether they are $50 or $5,000.
This is a great way to sell your stuff for cash!
Best Places To Sell A Wedding Dress
Here’s a list of the 10 best places to sell your wedding dress.
Recommended reading: 16 Best Places To Sell Clothes For Cash
1. Poshmark
Poshmark is a website for buying and selling secondhand items in the clothing, home decor, and beauty space. This online platform has a large customer base, helping you reach someone looking for wedding dresses.
Listing items on Poshmark is incredibly easy and convenient and can be done directly from your phone. Write a clear and descriptive title like ‘Vera Wang Lace Dress Size 8’ and a detailed description including things like brand, size, condition, details, and price. You can use relevant tags like “wedding dress” and the designer’s name to help the dress get seen by more people.
Poshmark provides a prepaid shipping label once the item is sold, and it’s your responsibility to properly package the dress so it gets to the buyer in excellent condition.
Selling on Poshmark does have fees since you are using their platform. For sales under $15, Poshmark takes a flat commission rate of $2.95. For sales over $15, you keep 80% of your sale and Poshmark’s commission is 20%.
2. eBay
Posting your wedding dress on eBay works similarly to Poshmark and you’ll reach international buyers. With eBay, you can choose to list your dress as an auction or at a fixed “Buy It Now” price. There’s also an option to accept offers which allows you to negotiate.
If you want extra help selling your wedding dress, you can promote your listings on eBay for an extra cost which will help your dress appear higher in search results.
eBay charges a fee when your item sells. For clothing, the fee is 12.9% of the total sale amount, including shipping, plus $0.30 per order. If you sell an item over $7,500, the final value fee is 12.9% of the first $7,500 total sale amount, plus 2.35% of the portion of the sale over $7,5000.
3. Still White
Still White is the world’s largest online marketplace for wedding dresses. They’ve sold over $97,000,000 in wedding dresses, making it one of the best places to sell your dress.
This is a great place to sell your wedding dress since brides are actively coming to this site to look for their dresses. Still White operates globally, meaning your dress can reach a large audience, helping you sell your wedding dress faster.
If you’re wondering how much you can potentially get for your wedding dress, Still White’s sell page has an estimate section where you put the designer, year, and condition of the dress, and get an idea for how much you can make.
For example, I entered my sister’s wedding dress into their estimator, and it said she could earn around $700 from her dress. Her dress is exactly 10 years old, too!
Still White charges a one-time listing fee of $20 and a premium option of $30, which includes added features like a featured listing. They do not take a commission on top of the listing fee. This platform also allows you to upload videos of the dress, which helps a buyer on the fence make a purchase quicker.
4. Nearly Newlywed
Nearly Newlywed is an online marketplace for selling new, sample, and used wedding dresses. This is a site where brides can come to find great deals and discounted prices on gowns.
To sell your gown on Nearly Newlywed, you submit your wedding dress through an online form. You’ll share details like the designer, size, condition, and photos of your wedding dress.
The Nearly Newlywed team reviews your submission to ensure it meets their criteria for dresses on their website. The listing fee for sellers is typically $20 with a 30%-40% commission fee once the dress is sold. This is much higher than other platforms, so keep this in mind. Nearly Newlywed also has a minimum list price of $375.
5. Vestiaire Collective
Vestiaire Collective is an online platform that specializes in buying and selling pre-owned luxury items. This platform has experts on staff to authenticate items so people know they’re getting the real thing. So, if your wedding dress is from a well-known designer, this may be the place to sell your dress.
This is how Vestiaire Collective works: You get started by taking pictures of your wedding dress, listing it, and they’ll recommend a price for you. Vestiaire Collective gives you a prepaid shipping label for you and is known to have the lowest selling fees on over 4,000 brands. This platform will find buyers for you and alert buyers to your item. Sales are final so you don’t have to worry about anyone returning your wedding dress.
6. Wedding Bee
Wedding Bee is a website primarily for wedding planning and inspiration. The platform has forums, articles, photo galleries, and vendor listings to get inspiration for your wedding. You can hear from other brides who already got married and learn DIY tips, ideas, vendor lists, and discussions on wedding-related topics.
While there’s not a specific part of the website for selling your wedding dress, you can browse forums to see if people are looking for used wedding dresses. You can share links to your wedding dress for people who are interested in buying a gown at a reduced price.
7. Craigslist
If you want to sell your wedding dress locally, Craigslist is a good option. Craigslist makes it easy to reach local buyers and sell to people in your city. This limits your pool of targeted buyers, but can potentially lead to a faster sale if you’re in wedding season and people are actively looking for a dress.
Selling on Craigslist is easy. It’s important to take high-quality, well-lit pictures of your wedding dress and even include pictures from your wedding day. Write a detailed description of your wedding dress including condition, size, designer, and any special features of the dress.
Make sure to meet the buyer in a public, well-lit, and safe location like a police station parking lot, mall, or coffee shop. Tell a friend you’re meeting a potential buyer and keep your friend or family member updated on how it’s going.
8. Local consignment shop
If you want a more hands-off approach and want someone else to handle the sale of your wedding dress, I recommend going to a local consignment shop near you.
Consignment shops handle the entire sale process for you, from marketing your dress to answering questions from potential buyers. Some consignment shops even specialize in selling preowned wedding dresses, so they can provide guidance on selling price and what to do to sell your wedding dress quickly.
Keep in mind that consignment shops do take a percentage of the profit since they are doing most of the hard work. However, this might not matter to you if you don’t want to spend time working on selling the dress. Working with a consignment store is also a great option if you’re trying to declutter space in your home and don’t want to communicate with buyers.
9. Preownedweddingdresses.com
Preownedweddingdresses.com is an online platform that sells new, used, and sample wedding dresses. To list your wedding dress on Preownedweddingdresses.com, there is a $25 one-time listing fee and they take 20% of the gross sale price. Free shipping and insurance are included and there’s a seller protection program as well. Besides wedding dresses, you can also sell your jewelry and other bridal accessories.
This online platform has bridal experts on staff to help you throughout the selling process. They’ll walk you step by step through listing your wedding dress, the actual sale, and the shipping process. Their experts also act as a mediator between you and the customer if any issues arise with your buyer.
10. Facebook Marketplace
Facebook Marketplace is a helpful online platform for selling and buying all kinds of things, including wedding dresses. You can reach people locally and all over the country, and you probably already have a Facebook account anyway, so it’s easy to start using.
When listing your wedding dress on Facebook Marketplace, make sure to include plenty of details in the description as this will help when people are searching for your dress. Add keywords to the description such as the designer of the dress, dress size, and any other special details to the dress like lace, open back, etc.
There can be scams on Facebook Marketplace, so take a few steps to protect yourself. Avoid wire transfers or prepaid credit cards and opt for safer payment methods like PayPal. Meet in a safe location that is well-lit and public. Trust your instincts. If something doesn’t feel right with the potential buyer, move on and find someone else to buy your wedding dress.
FAQ: Best Places To Sell Wedding Dresses
Below are answers to common questions about the best places to sell wedding dresses.
What is the best way to sell a wedding dress?
There are things you can do to help sell your wedding dress quickly and get the most money.
Use online marketplaces specifically geared to selling used wedding dresses. This includes sites like preownedweddingdresses.com and stillwhite.com. These sites are set up and ready for new brides looking for used dresses, and past brides looking to sell their dresses. You’ll get a targeted audience looking for used wedding dresses unlike Facebook Marketplace and Posh.
Take high-quality photos of your dress from multiple angles. Make sure to include close-ups of any fine details like lace, embroidery, or beading. It’s also a good idea to include photos of your wedding day wearing the dress, so potential buyers can see what it looks like on a body instead of a hanger. Provide measurements and respond to inquiries about your dress quickly.
Will a pawn shop buy my wedding dress?
Some pawn shops may buy your wedding dress, but this isn’t all that common. Pawn shops typically focus on items with larger resale markets like electronics, jewelry, and tools. Also, pawn shops have to make a profit so you might get significantly less than what you’d get on a used wedding dress site that resells dresses.
Can I sell my wedding dress to David’s Bridal?
David’s Bridal focuses on selling new inventory and does not sell used dresses. However, there is a Facebook group called David’s Bridal Resale with over 30,000 members. This group is specifically for reselling David’s Bridal items.
What is the best place to sell a wedding dress near me?
The best place to sell your wedding dress depends on where you live and your preferences. Generally, selling your wedding dress online will offer the most money. While local shops can provide a hands-on approach, online platforms like stillwhite.com and preownedweddingdresses.com are reaching people who want to buy used dresses.
Is it better to sell a used wedding dress in person or online?
Selling a wedding dress in person vs. online has its pros and cons. Selling online has benefits like a larger audience actively looking for a wedding dress with detailed listings and communication tools set up to get the sale done quickly.
Selling in person has benefits like cash payment, which can be nice if you want to avoid using online platforms and shipping logistics.
How long does it take to sell a used wedding dress?
The timeframe for selling a wedding dress depends on who designed your dress, the style, condition, price, and the platform you’re selling the dress. For some people, it takes just a few weeks to sell a wedding dress, whereas for others it might take a few months.
Dresses from well-known and sought-after designers like Vera Wang tend to sell faster, especially if the gown is in excellent condition. Keep in mind that factors like wedding season and demand play a role in how long it takes to sell a wedding dress. This is why it doesn’t hurt to post your wedding dress on multiple online platforms and in-person stores.
Best Places To Sell Wedding Dresses – Summary
I hope you enjoyed this article on the best places to sell a used wedding dress.
Selling your wedding dress has a ton of benefits including recouping wedding costs, helping the environment by producing less stuff, and helping a bride get a beautiful gown on a budget.
If you have a wedding gown sitting in the closet gathering dust, then you may want to try selling it for cash.
Many of the sites listed above aren’t a hassle to use, and many even have a commission rate.
Miami is known for its beautiful beaches, vibrant culture, and diverse neighborhoods. With an average rent of $2,792, Miami offers a variety of luxurious living options for renters. If you’re looking to rent an apartment in Miami, you’ll find a range of neighborhoods to choose from, each with its own unique charm and appeal. ApartmentGuide has compiled a list of the most expensive neighborhoods in Miami to help you find the perfect place to call home.
8 Most Expensive Neighborhoods in Miami
From the picturesque Golden Pines to the bustling streets of Brickell, there are plenty of colorful neighborhoods in Miami Whether you’re looking for a luxurious home to rent in Miami or wondering where to live in the city, read on to find out what neighborhoods made the list.
1. Miami Financial District 2. Riverview 3. Brickell 4. Riverfront 5. Bay Point 6. Downtown 7. Edgewater 8. Golden Pines
Let’s jump in and see what these neighborhoods have to offer.
1. Miami Financial District
Average 1-bedroom rent: $4,069 Apartments for rent in Miami Financial District
Renting an apartment in the Financial District offers a dynamic urban lifestyle with a fusion of culture, cuisine, and convenience. Renowned for its bustling atmosphere, the neighborhood boasts a plethora of upscale dining options, including world-class restaurants like Komodo and Zuma, where residents can savor delectable international cuisine and enjoy vibrant nightlife. Beyond dining, the area features attractions such as the iconic Brickell City Centre, offering high-end shopping and entertainment venues, as well as the picturesque Brickell Key, perfect for leisurely strolls and stunning waterfront views. With its proximity to major business hubs and transportation arteries, living in the Financial District provides unparalleled access to employment opportunities and a vibrant cosmopolitan lifestyle, making it an enticing choice for those seeking a blend of sophistication and convenience in the heart of Miami.
2. Riverview
Average 1-bedroom rent: $4,051 Apartments for rent in Riverview
The Riverview neighborhood is an enticing choice for those seeking a taste of Miami’s dynamic culture. With its diverse culinary scene, residents can savor an eclectic array of cuisines from around the world, ranging from Latin American delights to fusion eateries and upscale dining options. Riverview also offers easy access to Miami’s vibrant cultural attractions, including the renowned Pérez Art Museum and the bustling Brickell City Centre for shopping and entertainment. Nature enthusiasts can enjoy the nearby scenic beauty of the Miami River Greenway or take a leisurely stroll along the Riverwalk. Additionally, the neighborhood’s proximity to downtown Miami ensures convenient access to employment opportunities and a lively nightlife scene, making it an ideal choice for those craving both excitement and convenience in their urban lifestyle.
3. Brickell
Average 1-bedroom rent: $3,550 Apartments for rent in Brickell
Renowned for its thriving culinary scene, Brickell boasts a diverse array of restaurants, from upscale dining experiences to cozy cafes and trendy eateries serving cuisine from around the globe. Residents can indulge in delicious seafood at acclaimed spots like Truluck’s Seafood, Steak and Crab House or savor Latin-inspired dishes at renowned eateries such as Novecento and Coyo Taco. Beyond its culinary delights, Brickell offers an array of attractions, including the vibrant nightlife of Mary Brickell Village, where locals can enjoy live music, craft cocktails, and lively bars. Additionally, the neighborhood’s proximity to attractions like the Pérez Art Museum Miami and Bayfront Park provides cultural enrichment and outdoor recreational opportunities, making Brickell an enticing destination for those seeking a vibrant urban lifestyle.
4. Riverfront
Average 1-bedroom rent: $3,300 Apartments for rent in Riverfront
Living in the riverfront neighborhood of Miami offers a unique blend of urban living and natural beauty. With stunning views of the Miami River and easy access to water activities like boating and kayaking, residents can enjoy an active outdoor lifestyle. The neighborhood boasts several parks, such as Lummus Park and Bayfront Park, which provide green spaces for relaxation and recreation. Additionally, the area is home to a diverse selection of restaurants ranging from upscale waterfront dining to casual eateries, offering culinary experiences to suit every palate. For entertainment, residents can explore nearby attractions like the Adrienne Arsht Center for the Performing Arts or catch a show at the Kaseya Center. Housing options in the riverfront neighborhood vary from luxurious waterfront condos with panoramic views to charming historic homes, catering to a range of preferences and lifestyles.
5. Bay Point
Average 1-bedroom rent: $3,200 Apartments for rent in Bay Point
Bay Point offers a blend of luxury living and serene surroundings, featuring an array of upscale housing options ranging from waterfront estates to modern condominiums, catering to diverse tastes and lifestyles. Residents enjoy access to beautiful parks such as Legion Park, which offers green spaces for relaxation and recreational activities. The neighborhood also boasts a variety of dining options, from gourmet restaurants serving international cuisine to cozy cafes offering artisanal coffee and pastries. Attractions like the nearby Design District provide a vibrant cultural scene with art galleries, designer boutiques, and events showcasing contemporary art and design. With its combination of elegant residences, green spaces, dining establishments, and cultural offerings, Bay Point offers an exceptional quality of life for its residents.
6. Downtown
Average 1-bedroom rent: $3,112 Apartments for rent in Downtown
Next up is Downtown, the sixth most expensive neighborhood in Miami. The area features a mix of housing styles, including sleek high-rise condominiums with stunning waterfront views and historic loft-style apartments, providing options to suit various preferences. Beautiful parks like Bayfront Park offer green spaces for relaxation and outdoor activities, while attractions such as the Perez Art Museum and the Frost Science Museum provide cultural enrichment and entertainment. Downtown Miami is also renowned for its diverse culinary scene, boasting an array of restaurants ranging from upscale dining establishments to cozy cafes and food markets, ensuring residents have endless options to satisfy their cravings.
7. Edgewater
Average 1-bedroom rent: $3,035 Apartments for rent in Edgewater
Edgewater is the next neighborhood on our list. The neighborhood offers a unique blend of urban living and waterfront tranquility, featuring a diverse range of housing options that include luxurious high-rise condominiums with panoramic views of Biscayne Bay and charming historic homes nestled along tree-lined streets. Residents enjoy easy access to Margaret Pace Park, a waterfront oasis with jogging trails, sports courts, and scenic picnic spots, perfect for outdoor recreation and relaxation. The neighborhood is dotted with trendy restaurants, cafes, and bars, offering culinary delights from around the world, as well as local favorites showcasing the vibrant flavors of Miami. Edgewater’s proximity to cultural attractions such as the Adrienne Arsht Center and the Wynwood Arts District provides residents with endless opportunities for entertainment and enrichment. With its stunning waterfront vistas, green spaces, diverse dining scene, and cultural offerings, Edgewater embodies the quintessential Miami lifestyle, making it a coveted place to call home.
8. Golden Pines
Average 1-bedroom rent: $3,005 Apartments for rent in Golden Pines
Golden Pines is the last neighborhood on our list. This peaceful residential enclave offers a variety of housing options, including single-family homes with spacious yards, townhouses, and some apartment complexes, providing a range of choices for renters. Residents can enjoy the lush greenery and recreational amenities of Mar-Len Park, featuring playgrounds, sports fields, and walking trails, perfect for outdoor activities and community gatherings. While Golden Pines may be primarily residential, it boasts a selection of local eateries and cafes serving up a range of cuisines, from homestyle comfort food to international flavors, providing convenient dining options for residents. With its blend of residential tranquility, recreational opportunities, dining options, and nearby attractions, Golden Pines offers a comfortable and inviting place to call home in Miami.
Methodology: Whether a neighborhood has an average 1-bedroom rent price over the city’s average. Average rental data from Rent.com in June 2024.
For many Americans, one of the best ways to get closer to their ideal annual income is to learn how to make money online.
According to a 2024 study from Smart Asset, individual Americans need an annual salary of $96,500 to live comfortably in a major city, and families with two children need to make about $235,000.
However, the Bureau of Labor Statistics (BLS) recently reported that the weekly median earnings for Americans was $1,139. This makes the median annual salary a little less than $60,000—far below the annual cost of living in many cities.
Some leverage the thriving “gig economy,” where you find contracted gigs in a virtual marketplace, and others generate passive income. Regardless of your skill set and interests, you’re sure to find something that works for you.
We put together a list of 27 different ways you can make money from home to supplement your income. You’ll also learn what it takes to get started and whether or not it’s right for you.
1. Find miscellaneous freelance jobs
A great place to start when learning how to make money online is by looking at platforms that offer a wide range of work. Before diving into the rest of the list, it’s helpful to know about popular platforms like Upwork and Fiverr. Every day, people and companies post jobs you may be perfect for.
At these sites, you can type in some of your various skills to see if any jobs are available. You can also create a detailed profile marketing your skills so people can find you more easily and offer you work.
Best for: People with a wide range of skills.
What you need to get started: Skills will vary depending on the specific job.
2. Take online surveys
Many companies out there want to get opinions from specific demographics and will pay you to take these surveys. While these don’t pay as much as many of the other options on the list, they also don’t take that long to do, so they are a simple way to make extra money. You can sign up to take these surveys at websites like Survey Junkie or Swagbucks.
Best for: Anyone with access to the internet.
What you need to get started: Access to a web browser.
3. Perform data entry
Data entry is a skill that many people can learn if they don’t already have experience. Doing data entry typically involves inputting data from different sources into a spreadsheet. Sometimes, you can find businesses looking for long-term workers, which can offer a little more stability than finding “gig work.” In addition to sites like Upwork and Fiverr, you can find data entry work at TechSpeed and Oworkers.
Best for: Well-organized individuals.
What you need to get started: Some proficiency with spreadsheet programs like Excel and Google Sheets.
4. Become an online tutor
For teachers looking for online side hustles, becoming an online tutor is a great option. Even if you’re not a teacher, you may be able to find some subjects that you can help students with. The platforms that link tutors with students usually cover school subjects like math, English, foreign languages, writing, and more. You can sign up to tutor on websites like TutorMe, Skooli, and Preply.
Best for: Those who love to teach.
What you need to get started: Experience teaching and expertise in the subject matter.
5. Be a virtual assistant
Many businesses of all sizes need additional help, so they hire virtual assistants. Virtual assistant tasks can vary depending on the gig. Some of these opportunities may be for one day of work, but others may need help for longer stretches of time.
These may pay you per job or per hour, and you can find these gigs on any freelance website. As of 2024, the average hourly rate for virtual assistants is $24 per hour and can be upward of almost $34 per hour.
Best for: People with a wide range of skills.
What you need to get started: Skills will vary depending on the specific job, but some skills can be helpful for many gigs like project management, organization skills, and data entry.
6. Get paid for your perspective
Focus groups are a key aspect of marketing, but it’s no longer just for new products hitting store shelves. In the digital age, companies are looking for people to review the user experience for their websites.
Sites like UserTesting pay you to share your opinions about different products from a variety of different brands. There are also sites like Userbrain that allow you to test different websites, applications, and software.
Best for: Individuals who like sharing their opinions.
What you need to get started: Access to a web browser.
7. Rent out your stuff
Do you have things that you don’t mind renting out? Well, websites like FriendWithA connect you with people who are looking to rent various items. Some of the main items people rent include cameras and film equipment, tools, generators, bikes, and other items people may only need for a day or two.
Best for: People with items they aren’t regularly using.
What you need to get started: Items in good condition to rent.
8. Rent out a room
In addition to apps like Uber, Airbnb is one of the most popular platforms in the new “sharing economy.” Many people use Airbnb as an alternative to hotels while traveling, but some people need a room to rent for longer periods.
Joining a platform like Airbnb allows you to make use of the extra room in your home for both travelers and long-term renters.
Best for: People with an extra room or home.
What you need to get started: A well-maintained room or home.
9. Sell used items
Selling used items is one of the best ways to make money because we all have things we no longer use. You no longer need to have a garage sale to sell your old items because there are platforms that can help you find buyers. There’s a long list of platforms that allow you to sell your used items like:
One of the primary advantages is that you’re no longer limited to your neighborhood and can reach a larger pool of potential buyers. If you have unique novelty items you’re willing to sell, you may want to consider a platform like eBay, where people are regularly looking for hard-to-find items. This is also a great way for kids to make extra money by selling old toys.
Some of these sites are also a great way to make money fast online because they have quick payouts once an item is sold. If the buyer is local, you can get paid the same day.
Best for: Those with old items they no longer need.
What you need to get started: Supplies to ship orders or transportation to deliver locally.
10. Sell graphic design services
There’s no shortage of graphic design jobs, and you can find these jobs through freelance websites or directly with businesses. Many businesses of all sizes need people who can design advertisements, logos, and more. If you’re a graphic designer, it may be a good idea to create a website that hosts a portfolio of your work where people can contact you directly as well.
Although it’s helpful if you have a background in graphic design, you can learn many graphic design skills on your own. There are many helpful tutorials for popular programs like Photoshop on YouTube and other social media sites.
Best for: Graphic designers.
What you need to get started: Graphic design software.
11. Create online courses
Is there something you know quite a bit about that you can teach to others? If so, you can create and sell online courses. From work-related topics to yoga to parenting strategies, offering classes for something you are a subject matter expert in can help you make money while doing something you love! Some of the best websites to sell your courses include Udemy, Skillshare, and Teachable.
You may want to familiarize yourself with online course platforms because they are a great resource to broaden your skills. If you’re willing to invest some time and a little money, there are many courses to teach you new skills that you can turn into more ways to make money online.
Best for: Those who love to teach.
What you need to get started: Expertise in the subject matter you want to teach.
12.Self-publish books
There are many ways for writers to make money online, and writing books is easier than ever. You no longer need to go through a publisher to make money selling books. Today, there are many different websites that allow you to self-publish and sell your books.
The most popular site is Amazon’s Kindle Direct Publishing (KDP), but you can also sell your books on websites like Apple, Google Play books, Kobo, and more. If you have a microphone, you can turn your books into audiobooks as a way to make even more money from your writing.
Best for: Writers.
What you need to get started: Writing software.
13. Start a blog
Blogging became big as a way to make extra money online in the early days of the internet, and it’s still very viable. The great thing about blogging is that you can write about anything you’re interested in and just need to find others who are interested in the same topic.
There are different ways to make money from a blog. You can create your own website and sell Google Ad space or find sponsors. You can also use platforms like Medium, which has a built-in audience, and you can earn revenue as more people read your posts.
Best for: Those who like to write.
What you need to get started: Writing skills and knowledge about a topic.
14. Do freelance writing
Although many news outlets and websites have dedicated journalists, there is also a lot of work out there for freelance writing. Some of the biggest websites out there, from the Washington Post to the New York Times, take submissions from freelance writers.
One of the best ways to find freelance writing work is by following editors on X (formerly known as Twitter). They’ll often post asking for people who can write on a specific topic. Sometimes, these gigs will pay hundreds of dollars for a single article. If you’re a fast writer and can write articles within a couple of hours, you could earn an hourly rate of $100 an hour or more.
If there’s a specific website you’d like to write for, just check and see if they have a page that tells you how to submit pitches for articles. Keep in mind that each publication pays different rates, and sometimes, the work can be inconsistent.
Best for: Writers. What you need to get started: Writing software.
15. Find voice-over work
There are many people looking for voice-over work in advertisements, presentations, or audiobooks. If you can read a script, there may be people out there who will hire you for your voice work. Freelance platforms like Upwork often have miscellaneous voiceover job postings, but you can make more with longer-form content.
ACX is the platform Amazon’s Audible uses for authors to find people to read their audiobooks. The prices vary, but you can sometimes make significantly more there than on the freelance websites.
Best for: Anyone with a great voice.
What you need to get started: A microphone with good quality.
16. Sell arts and crafts
There are many different marketplaces online for those who love making arts and crafts. One of the most popular marketplaces is Etsy, and there’s a market for just about anything you enjoy making. You can make your own prices, and the platform takes a small percentage of the sale.
Best for: Creatives and artists.
What you need to get started: Materials to create items.
17. Sell stock photography and videos
Have you ever wondered where websites get their high-quality photos or videos? Many of them don’t have in-house photographers or videographers. They buy stock photos and stock video footage for a variety of projects.
For those who love photography and videography, there are a variety of websites that will buy your photos and videos. Websites like SmugMug Pro, 500px, Getty Images, and many others will pay you for the rights to your photos and videos.
Best for: Photographers and videographers.
What you need to get started: A camera.
18. Sell royalty-free music
Similar to photography and videography, many websites will pay you for your music. This type of music goes in the background of YouTube videos, advertisements, and anywhere else people may need some background music. Websites like Epidemic Sound and Pond5 are good places to start when it comes to selling your tunes.
Best for: Musicians.
What you need to get started: Instruments and recording equipment. Royalty and licensing information is available on the websites.
19. Create an e-commerce website
There are many websites that allow you to sell your product, but each one takes a percentage of the profits for using their platform. You can keep a larger portion of your profits by creating an e-commerce website.
When you create your own website, you’ll hold onto most of the profits. One of the most popular ways to sell is with Shopify, which easily plugs into your website. Shopify and similar services have fees as well, but it’s less than using a platform like Etsy.
The primary downside is that marketplaces like Etsy have a built-in user base, so you would have to do your own marketing to get the word out about your website.
Best for: People with something to sell who want a larger portion of the profits.
What you need to get started: The ability to create a website.
20. Utilize affiliate links
Affiliate links are a way to make additional money that work in conjunction with many of the other jobs on this list. An affiliate link is a special link that you use for a product or service from a company, and each time someone uses your link, you get a commission. This is how many stay-at-home parents popularized blogging in the 2000s. You can easily make passive income by using affiliate links with any of the following:
Personal blogs and websites
Social media profiles and content
Podcasts
In an interview with Business Insider, creative entrepreneur and YouTuber Roberto Blake explained how he started making $5,000 a month from affiliate marketing. “I fell into affiliate marketing from the Amazon affiliate program, but then I realized a lot of subscriptions and software I was using had programs, too,” said Blake while discussing additional ways to do affiliate marketing.
Best for: Those who also make money from creating a platform like a blog, YouTube channel, or podcast.
What you need to get started: Discussing other products and services that you can link to.
21. Edit audio or video
There are many different job postings on freelance websites for audio and video editing. Many companies find freelancers through sites like Upwork and Fiverr to help them with their marketing content.
In addition to companies hiring audio and video editors, many social media influencers on platforms like YouTube and TikTok outsource their editing. Podcasters often hire audio editors as well.
This is another one of the skills that you can potentially learn if you don’t have experience yet.
Best for: People who enjoy editing audio and video.
What you need to get started: Software to edit audio and video.
22. Edit copy
People are always looking for editors. Whether it’s an author looking for someone to edit their next book or a company that needs an editor for something they’re publishing for the public, people need their words to look excellent. Previously mentioned websites like Upwork and Fiverr regularly have jobs for editors, but you can also find work at Reedsy and Wordvice.
Best for: Those who love language.
What you need to get started: Familiarity with the English language and various types of grammar rules, such as Chicago or AP style.
23. Become a social media influencer
Currently, it’s easier than ever to make money online through social media platforms. Platforms like YouTube and TikTok pay creators directly through their creator programs. Typically, you have to meet certain criteria to be eligible for these programs, but some people make hundreds or even thousands of dollars each month through them.
If you’re an online business owner, a writer, or anyone who sells products or services, social media is a great way to find new buyers. On these platforms, you can provide links to your products, and you can also include affiliate links as a way to earn even more.
Best for: People who don’t mind being on camera.
What you need to get started: Some or all of the following: a camera, smartphone, and editing software.
24. Start a podcast
Podcasting is an easy way to start making content that could potentially make you money. You have a lot of creative freedom with podcasts as well. You can talk about topics that you’re interested in, tell stories, or interview people. Then, you can broadcast it to thousands or even millions of potential listeners on apps like Apple Podcasts and Spotify.
It can take some time to make money from podcasting. Unlike social media platforms like YouTube or TikTok, podcasting platforms don’t have a program to pay creators. Podcasters primarily make their money from advertisements and affiliate links. Once you have a dedicated audience, you can reach out to companies to sell ad space on your podcast.
Best for: People who enjoy talking.
What you need to get started: A microphone and audio-editing software.
25. Create a newsletter
Newsletters were some of the first ways for people to make money online. Services like Mailchimp and others allow you to create an email list and send a newsletter out to your subscribers.
The newsletter can be as frequent as you’d like, you can discuss different topics that interest you, and you can put it behind a paywall on your website. Substack is a newer platform that combines blogging with newsletters, and you can charge readers a monthly or annual subscription. This is a helpful tool for those who don’t want to build their own website.
You can also use a newsletter as a way to promote your online business and alert your customers of new products or discounts.
Anne Janzer is a self-published author and discusses how she uses her newsletter to sell more books. “When I have something new going on, I can go and ask those folks, ‘Hey, can you share the word about this?’ and they’re the first ones to go out and post about my new book,” Janzer said in an interview about how her newsletter leads to more sales.
Best for: Writers and people with an online business. What you need to get started: The ability to write.
26. Walk or board dogs
If you’re a dog lover, this may be the right option for you. There are apps like Wag and Rover that connect dog walkers with people, but you can board dogs as well. For those who rent, you may need your landlord’s approval before boarding dogs, but this is a great option for those who want to make money from home.
Both Wag and Rover offer additional dog services for those with other dog specialties. These include:
Drop-in visits to check on dogs while the owner is away
Dog training
Dog sitting
Best for: People who love dogs.
What you need to get started: Possibly transportation to get to clients and a home that allows pets if you choose to board them.
27. Trade stocks
This path of making money from home is on the riskier side, but it can also come with higher rewards. The difference between investing and day trading stocks is that investments are long term, whereas trading involves buying and selling stocks on a daily basis.
To make money trading stocks, you’ll need to stay updated on all of the latest stock news and learn when to buy and sell properly. There’s a learning curve to trading stocks, but some people make full-time income trading stocks through brokerages like Charles Schwab, Vanguard, or Robinhood.
Best for: People with a high risk tolerance.
What you need to get started: Before trading, you’ll want to learn as much as you can about various stocks and how to read the market to minimize losses. Then, you need a computer to trade, or you can trade on apps like Robinhood.
Making money online can help you pay off your debts
If you have a lot of debt, allocating funds from your paycheck can be difficult. Making money online is a great way to earn extra income that you can put toward your debts and potentially improve your credit. Some people are even able to make more money online than they would in an office job.
Having a good credit score is also a way to get access to credit cards and loans. You can use these to fund your online business or better equipment. This all starts with knowing your credit health and having the right tools.
At Credit.com, you can get your free credit report card to check your credit. Sign up for ExtraCredit for additional tools like credit monitoring and ways to report additional payments to the major credit bureaus.
The Consumer Financial Protection Bureau issued consent orders against a pair of companies Tuesday, citing what it called harmful delays in their work servicing loans older adults use to withdraw equity from their homes.
The order seeks to permanently bar two Sutherland Global subsidies and Novad Management Consulting from reverse mortgage services and called upon them to pay millions of dollars in redress and a civil monetary penalty.
Sutherland was a subcontractor for Novad, and the two were responsible for servicing Home Equity Conversion Mortgages between 2014 and 2022. HECMs are Federal Housing Administration-insured products available to borrowers 62 and older.
“Sutherland and Novad were unprepared to support the hundreds of thousands of older homeowners whose reverse mortgages the defendants were responsible for,” CFPB Director Rohit Chopra alleged in a press release.
“The defendants ignored complaints and calls for help, and they let problems snowball into disasters,” he added. CFPB alleged around 150,000 distressed mortgage borrowers per year experienced financial harm as a result.
The companies “systematically failed to respond to thousands of homeowner requests for loan payoff statements, short sales, deeds-in-lieu of foreclosures, lien releases and requests for general information,” the bureau further alleged.
“The companies allowed problems to fester to critical points, which resulted in borrowers losing out on home sales, paying unnecessary costs, and fearing foreclosure,” the CFPB stated.
In doing this, the companies allegedly violated the Real Estate Settlement Procedures Act and also engaged in unfair, deceptive or abusive acts and practices, such as falsely telling borrowers they were in default or not offering options, according to the CPPB.
The bureau specifically named two units of Sutherland respectively handling government solutions and mortgage services in its complaint. They have been ordered to pay $11.5 million in redress to customers for their actions.
The CFPB also is ordering both those entities and Novad to collectively pay a roughly $5 million civil money penalty that will go into a relief fund for affected borrowers.
The bureau is asking for $1 million from Novad due to its declaration of an inability to pay.
At one point Novad was the official Department of Housing and Urban Development subservicer, but in 2022, Celink took over that role. Novad lodged a protest against the change at the time, but the Government Accountability Office dismissed it.
Sutherland said in a press release Tuesday that it had “reached a voluntary agreement” with the bureau regarding work as a subcontractor for Novad in its HUD work, performing “specified limited support services” for reverse and other mortgages.
The company said it “was not directly responsible for the reverse mortgage servicing conduct that is the subject of the CFPB agreement. HUD controlled all aspects of the reverse mortgage servicing and communicated only with Novad.”
“Sutherland had no direct access to HUD guidelines, the HUD servicing system, borrower communications, or the borrower files,” it added. “Sutherland therefore disagrees with the CFPB findings and denies the CFPB’s allegations.”
The company said it agreed to the order and to absorb the bulk of payments because it wanted to focus on current customers, not a past issue. Both a review of Novad financials and a key executive’s tax statement showed an inability to pay, it added.
Novad had not responded to inquiries from this publication at the time of this writing.
The CPFB has warned servicers that it won’t tolerate what it has called excessive or “junk” fees in many areas, including loss mitigation, stressing that customers have little choice in the matter of who tends to their mortgage after origination.
“Older homeowners did not choose Sutherland and Novad as their reverse mortgage servicer, and the CFPB is holding these defendants accountable for their unlawful neglect,” Chopra said.
Reverse mortgage servicing is a specialized process, and a relatively limited number of companies are active in the space.
Novad is a Landover, Maryland-based nonbank company and Sutherland Global is a digital services provider with headquarters in Pittsford, New York.
Inside: Dream about what life could be if you didn’t have a job? If you are in the boat of I don’t want to work anymore, then you must read this post.
The reality is most people have days where they absolutely have no desire to work. Yet, you know deep down that you have to make money in order to pay your bills.
You are thinking… I don’t want a job I just want a life.
So, what happens when you don’t want to work anymore?
Well, if you don’t want to go to work today, you could take a sick day and get away with it. You can do that here and there for a while, but unfortunately, your employer is going to catch up to the quality of work that you are able to do or not do.
At this point you might be saying, you know I don’t want a job, I just want a life.
And that is very understandable if you don’t want to work in a field anymore job that you don’t love.
You want time freedom in your life!!
We will dive into the reasons for not wanting to work and how to overcome them when you need the money.
What to do if I don’t want to work?
The best thing to do is to find a job that you love and want to do on a daily basis!
Something that you can’t wait to go to work to be able to do. A way to make money that doesn’t feel like a job!
Unfortunately, too many of us feel we cannot do what we want to do when we want to do it. Thus, we want more out of life.
In this post, we are going to detail. If you don’t want to work anymore, what steps can you take to quit the job and live the life that you want?
Is it normal to not want to work?
I think each and every one of us has a desire not to work. Maybe you are thinking “I hate my job.”
This desire to work may ebb and flow based on what is going on, how you are feeling, and your current situation.
Especially if you are in a situation where you do not enjoy your boss, your co-workers, the company culture, or the current assignment, it will make going to work harder.
Whatever your job entails, if you are not enjoying what you’re doing, it is harder and harder to go to work on work every day.
As you can read on Reddit personal finance threads, there are plenty of people who have shared their stories about how they don’t want to work, seeking solace from others, and looking for ways to get out of the current situation that they’re in.
Also, if you are thinking that I can never make it until I am 55 then think about retirement. You are just sick of working and you may be in your 20s, 30s, or 40s.
It is okay to dream about not working daily!
Why We Don’t Want to Work
There are several reasons for not wanting to work.
Primarily many people do not feel engaged at their jobs, which makes them less likely to want to continue working. Gallup found that only 15% of employees feel engaged at work.1
In addition, there is an increasing amount of competition in the workforce as well as a lack of clear career paths and advancement opportunities for those who desire more freedom or flexibility with their careers. This can lead someone to think about becoming self-employed or going into a different field.
There are many reasons for not wanting to work.
People on Reddit share their stories about how they don’t want to work anymore. Some are still in school, some are retired, and others have other reasons for not wanting to work.
We all have heard about the Great Resignation with people saying “enough is enough; I don’t want to go back to work.”
1. Burnout
Burnout is when an employee begins to feel exhausted and overwhelmed by their job. They do not want to be there anymore and it negatively impacts the happiness of both the individual and their work environment.
If you want to stop working, it is okay!
Just make sure you can still be financially independent.
2. Not enjoying your job
Many people wake up and say, “I don’t really want to do the work today.” If you are not enjoying your job, it is harder and harder to go in every day.
People don’t want to work because they feel like they’re working more than is necessary, or there’s no meaning behind their job anymore.
If you find yourself not enjoying your job, it might be time to leave. Many people experience dissatisfaction with their jobs and want to retire early.
Many times this is when people leave their jobs and find success is the best revenge.
3. Mental Health
Mental health issues can be caused by outside factors, such as stress and anxiety, and can lead to feelings of wanting to avoid work.
For many, the idea of going to work can feel overwhelming and lead to feelings of anxiety and dread. It is also essential to take a step back and assess the quality of your mental health.
If this is something you have been struggling with, it is important to think about why you are feeling this way and take steps to address it.
If this persists, it is important to seek professional help. Visiting a therapist or counselor can help you identify the root causes of your negative feelings and develop a plan to overcome them. In many cases, your workplace may even cover the cost of therapy, so you don’t have to worry about paying out-of-pocket.
This is one of the good excuses to miss work.
4. Lack of Interest
When you find yourself feeling like you don’t want to work anymore, it’s important to take some time to examine the reasons why and identify potential solutions.
It could be that you’ve been in the same job for a long time and need a change of scenery.
Maybe you’re feeling overwhelmed and undervalued by your current role.
Possibly you have other things that are taking president and you don’t have the same level of interest.
Whatever the source of your feelings, they need to be addressed.
5. Support System
Friends and family can be a great source of support, offering advice and understanding. However, if they do not believe in you, it can make it even harder to find motivation.
On top of that, if you have family obligations such as childcare, it can be difficult to make the time to work or even to access the necessary resources.
Talking to your loved ones about your feelings and concerns is a great first step in getting through this tough time.
One of these family emergency excuses could help you in a pinch.
6. Lack of Appreciation
It can be incredibly disheartening to work hard and not be appreciated.
It’s easy to become discouraged and feel like you don’t want to work anymore if you’re putting in the effort and not being recognized.
When this happens it’s important to remember that you are valuable and your work does matter. It’s also important to talk to someone about how you’re feeling, whether that be a friend, family member, or therapist.
You just want someone to say to you, “I appreciate you!”
7. Thinking of Career Change
If you find yourself in a position where you don’t want to work for weeks on end, it’s important to figure out why. Are you having a hard time at your current job or do you no longer wish to pursue a career? If it’s the latter, it can be freeing to consider all the possible career changes you can make.
Many people don’t want to work anymore because:
they don’t want to pursue a career in corporate America
tired of the same job they’ve been doing for years
don’t want to continue vying for raises, bonuses, or promotions
It’s okay to dream about something else, something fresh and different.
You may find yourself researching other opportunities to put your skillset to use.
9. More Interest in Hobby to Turn into Side Hustle
For many people, having a side hustle is a great way to make extra money, explore a passion, and turn a hobby into something productive and profitable.
If you find yourself no longer wanting to go to work and feeling more fulfilled in your hobbies, it may be time to pursue a side hustle.
You can monetize your hobby and create a side gig to give yourself a new source of income.
This will provide you with the freedom to pursue what you’re interested in and make a living from it. It can also give you the option to quit your job and explore other areas of your life.
10. Wanting to make money passively
Making money passively is a goal that many people desire, but it can be hard to turn into reality.
While it is possible to make money passively in the stock market, real estate, or a small business, one can also earn passive income by doing any type of side hustle.
It is better to find ways to make passive income from something you enjoy.
You need to figure out what should I do for a living that will make passive income.
How do you make a living if you don’t want to work?
If you don’t want to work, you still need to find a way to make a living.
Passive income is the most effective way of making money without working.
It allows you to work on your business or hobby full-time and then withdraw a certain amount every month that helps pay for all of your expenses, including food, rent/mortgage, etc.
So, your first step is to create a passive income source.
If you don’t, then don’t say, “I don’t want to do the work today.”
In fact, there are many good excuses to miss work.
Can I survive without working?
Well, that completely depends on your financial situation. (Since most people are not aware of where they stand financially, here are the Money Bliss Steps to help you.)
If you are lucky enough to be a trust fund baby with somebody else managing your money, you are likely fine and can survive without working.
However, if you are like most normal folk, then you may be able to survive for a little bit without working. But over time, it will catch up to you. Not working is not a long-term solution.
While you may be on unemployment and collecting unemployment benefits, or maybe even disability payments that are not enough to make ends meet. In most cities, you can survive in the short term without working. But in the long term, it is not going to work out for you.
If you are serious about not wanting to work, you need to find the FIRE movement, which means financial independence retire early.
That is a better term for not wanting to work anymore. When you want to quit the job and do something else in life, you have to do what is called FIRE.
5 Simple Steps To Quit the Job
To quit the job or the career path that you were in, you have to take steps ahead of time to make sure that your transition (financially) is as smooth as possible.
The biggest question is how can I make money if I don’t want to work ever.
You set aside money to take care of your obligations and bills while being able to live the life that you want to live. That means you have more types of income than just a paycheck.
These are the exact steps you need to take to quit the job. Obviously, it won’t happen overnight. But, you can see the light at the end of the tunnel.
1. Make an Exit Plan
First, you have to make a plan of how finances will work without a typical paycheck. You need to learn how to FI quickly.
In order to retire early or quit the job, you must be able to financially support yourself without a consistent income coming in from a regular paycheck.
Specifically, it means you need to find ways to make passive income. That could be in the stock market, real estate, small business, side hustle hobby, or driving for Uber. There are a variety of different ways to make money; it is just better to find ways to make money doing something you enjoy.
One of the things you will quickly realize is that to make money passively, you must have money on hand to invest. That is the “Catch 22” of why people get caught in the cycle of it being too difficult to change their financial position and just give up.
If you don’t like your job and you don’t want to work anymore, then you need the mindset that something is gonna change, you are gonna make it a reality.
It will be hard for a short period of time to save up the money necessary to build the steps to be able to quit working or FIRE, but you might be surprised how you can double $10k quickly when you put your mind to it.
Motivation is a great thing, especially given the right circumstances.
Related Answers:
2. Save Money
If you don’t want to work anymore, then you have to save money to cover your bills. Period.
There is no way to get around that situation.
Your friends and family are not going to pick up the slack just because you want to quit your job.
So, you have to find all of the possible ways to save money. A great place to start is with one of our money saving challenges.
Another great way to save more money is by changing your habits.
In order to “retire early,” you must save a majority of your income at an early age to gain the benefit of compounding early. If you are thinking, “Well shoot, I missed that bucket,” then don’t worry … now is better to start than waiting too long.
Things only look up from here!
3. Cut Expenses
You have to be able to live below your means.
If you’re not interested in your job or the career that you are currently in and you don’t want to work anymore, then you need to cut your expenses in order to save more money.
One of the wisest tricks of the FIRE community is becoming a thrifty person. You know when to spend money on quality items as well as you know when to save money on frivolous expenses.
4. Pick a date.
As with any smart financial goal, you need to put a deadline on when you want things to happen.
If you are not happy with your job and your depression isn’t worth it anymore, then you have to find a date to move on and do something else.
Obviously, you’ll need some of these FIRE calculators to learn how much you need to make your dream a reality.
that happen. Here are some of the best fire calculators that you can find, to learn, how much you need to quit your job.
5. Start Hustling
Let’s face it, 2020 changed the workplace as well as our priorities. Honestly, I think it was for the better. We all realize there is more to life than just the constant line of being busy.
In addition, many of us found the extra time that we can now put to work and start to make money.
It is easier to work when you have a target goal in mind of not working anymore. You must start saving money to put to work passively.
Below you will find ideas to help you search out the best serious ways to make more money. The last thing you want to do is learn what happens when you don’t save enough for retirement.
When You Don’t Want to Work Anymore
In this post, we answered the question of how can I make money if I don’t want to work.
The secret sauce is called passive income.
You must earn money on your investments. So, yes, now is a good time to invest in stocks.
There are many ways to make passive income; it could be in the swing trading the stock market, real estate, a business venture, a side hustle, or simply long-term investing.
Unless you are massively independently wealthy and part of the 1%, with millions of dollars that you do not know what to do with, then you will want to make some money on your nest egg that you create over time.
If you are saying, “I just want a life,” then stop waiting for the magic time for your retirement. You don’t have to wait until the retirement age of 65 years old.
You are in charge of your life and can make it happen… if you put your mind to it.
Source
Gallup. “What Is Employee Engagement and How Do You Improve It?” https://www.gallup.com/workplace/285674/improve-employee-engagement-workplace.aspx#:~:text=Based%20on%20over%2050%20years,in%20the%20%22engaged%22%20category. Accessed March 11, 2024.
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Did the post resonate with you?
More importantly, did I answer the questions you have about this topic? Let me know in the comments if I can help in some other way!
Your comments are not just welcomed; they’re an integral part of our community. Let’s continue the conversation and explore how these ideas align with your journey towards Money Bliss.
Saving money can be a challenge, especially for those with a lower household income. To help individuals and families with lower incomes save, some financial institutions offer a type of bank account known as a micro saving account.
A micro savings account works similarly to a traditional savings account, but it’s designed for consumers who can only make small deposits. It can also be helpful for anyone else who finds that stashing away small amounts suits them. Regardless of your income, if micro saving suits your financial style, it can be a win-win.
What Is a Micro Savings Account?
A micro savings account (also sometimes seen written as microsavings account) is a savings account that can help meet the financial needs of consumers with smaller household incomes. It can also suit any saver who likes to tuck away small amounts here and there.
A micro savings account works a bit differently from how a savings account works at most financial institutions. Micro savings accounts typically don’t have a minimum deposit requirement, don’t charge service fees, and are more flexible regarding the possible amount of withdrawals.
Many financial institutions that offer micro savings accounts do so to incentivize consumers to save $1,000 a year by encouraging them to save just $20 a week. They often have educational initiatives in place to help guide micro savings account holders towards meeting this goal.
💡 Quick Tip: An online bank account with SoFi can help your money earn more — up to 4.60% APY, with no minimum balance required.
Benefits of Micro Savings Accounts
The following benefits are typically associated with micro savings accounts:
• Low-risk savings account that can earn interest
• Little to no upfront costs
• No credit checks required for new account holders
• Additional microfinance services such as microloans may be available for account holders
• Lower or fewer fees or no fees at all
• No minimum account balance requirements
• More flexible withdrawal limits
Disadvantages of Micro Savings Accounts
There aren’t any real disadvantages associated with micro savings accounts. That said, here are a few small downsides worth considering:
• Savings accounts tend to have a smaller return than other forms of investing (such as a CD vs. a savings account)
• Micro savings accounts can be harder to find than normal savings accounts
Get up to $300 when you bank with SoFi.
Open a SoFi Checking and Savings Account with direct deposit and get up to a $300 cash bonus. Plus, get up to 4.60% APY on your cash!
What Are Micro Savings Accounts Used For?
Here’s a closer look at what micro savings accounts are typically used for.
Creating a Regular Savings Habit
Micro savings accounts can help savers boost their liquid assets at an incremental level while giving them the chance to earn interest on their savings. Financial institutions offer micro savings accounts to help encourage good saving habits. These accounts can help remove barriers to saving for those who can’t afford to put away a lot of money. They can also suit those who like to save a little money here and there.
Saving Money Consistently in Smaller Amounts
One of the ideas that drives micro savings accounts is the concept that consistently saving small amounts of money can add up and make an impact. It may not seem that worthwhile at first glance, but setting aside $10 a week can help make a difference. That sum can begin to build a savings fund that can help consumers meet their financial goals or avoid taking on debt when unexpected expenses arise.
Keeping Savings Separate
Storing money in a checking account makes it a lot harder to ignore when spending temptations arise. Keeping money stored in a savings account (where it can grow slowly but surely if not touched) can make it easier to keep it separate from spending money.
Maybe you are saving for a vacation or you need a new washer/dryer. Whatever your goal is, when you are ready to spend money from a savings account, the funds will be there for the taking.
Managing Money Through a Mobile App
Today, lots of people love the convenience of using apps for P2P transfers and other activities. That ease is available with the many micro savings accounts that can be managed through mobile banking accounts. These can make it simpler to monitor spending and saving.
There are also micro savings apps (like Acorns) that have automated savings features that make it easier to save small amounts of money.
Alternatives to Micro Savings Accounts
If you don’t find a micro savings account that meets your needs, there are alternative saving options that can offer similar benefits. Here are two options worth considering.
• Credit unions: Because credit unions are member-owned, unlike not-for-profit financial institutions such as banks, they tend to charge less fees and offer higher interest rates on savings. Applying to a credit union where you can consider opening a checking vs. savings account (or perhaps both) may be able to replace the purpose of a micro savings account.
• High-yield savings accounts: High-yield savings accounts work the same way that normal savings accounts do but they tend to have a much higher interest rate on deposits.
A high-yield savings account is a great way to take advantage of the power of compound interest and help your money grow faster.
These savings accounts can often be found through online banks. Because these institutions don’t have the overhead of brick-and-mortar locations, they may be able to afford to offer higher interest rates.
You don’t have to do anything differently than you would with a normal savings account to earn this extra interest. You can add small deposits as funds become available.
Recommended: A Guide to High-Yield Savings Accounts
The Takeaway
Saving money is hard and requires a lot of discipline. Micro savings accounts are designed to help those with lower incomes or who simply like to save little by little. These accounts typically allow you to make small contributions, charge fewer (or no) fees, and have lower minimum balance requirements. Having the right savings account can make it easier to meet your financial goals.
Another way to save successfully: Open a high-yield bank account.
Interested in opening an online bank account? When you sign up for a SoFi Checking and Savings account with direct deposit, you’ll get a competitive annual percentage yield (APY), pay zero account fees, and enjoy an array of rewards, such as access to the Allpoint Network of 55,000+ fee-free ATMs globally. Qualifying accounts can even access their paycheck up to two days early.
Better banking is here with SoFi, NerdWallet’s 2024 winner for Best Checking Account Overall.* Enjoy up to 4.60% APY on SoFi Checking and Savings.
FAQ
How do I create a micro savings account?
Creating a micro savings account works the same as opening any type of savings account. First, you will need to open a bank account or just the savings account by filling out an application and providing the necessary identifying information and documentation. Once you’ve opened the account, you can start making contributions to the micro savings account.
What are the advantages of micro savings?
The main advantages of micro savings accounts are rooted in accessibility: These accounts tend to have no or lower account fees, have smaller or no minimum account balance requirements, and have more flexible withdrawal options. They make it easy to save with small contributions. Many financial institutions that offer micro savings accounts also offer educational initiatives and mobile banking apps that make it easier to learn how to save more money.
Are micro savings apps worth it?
Yes, micro savings apps can be worth downloading, as they can make it a lot easier to achieve savings goals. Alongside making it easier to track spending and saving habits, micro savings apps even have automated savings features that make it easier to stash away small amounts of money.
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SoFi members with direct deposit activity can earn 4.60% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. Direct Deposit means a recurring deposit of regular income to an account holder’s SoFi Checking or Savings account, including payroll, pension, or government benefit payments (e.g., Social Security), made by the account holder’s employer, payroll or benefits provider or government agency (“Direct Deposit”) via the Automated Clearing House (“ACH”) Network during a 30-day Evaluation Period (as defined below). Deposits that are not from an employer or government agency, including but not limited to check deposits, peer-to-peer transfers (e.g., transfers from PayPal, Venmo, etc.), merchant transactions (e.g., transactions from PayPal, Stripe, Square, etc.), and bank ACH funds transfers and wire transfers from external accounts, or are non-recurring in nature (e.g., IRS tax refunds), do not constitute Direct Deposit activity. There is no minimum Direct Deposit amount required to qualify for the stated interest rate.
As an alternative to direct deposit, SoFi members with Qualifying Deposits can earn 4.60% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Qualifying Deposits means one or more deposits that, in the aggregate, are equal to or greater than $5,000 to an account holder’s SoFi Checking and Savings account (“Qualifying Deposits”) during a 30-day Evaluation Period (as defined below). Qualifying Deposits only include those deposits from the following eligible sources: (i) ACH transfers, (ii) inbound wire transfers, (iii) peer-to-peer transfers (i.e., external transfers from PayPal, Venmo, etc. and internal peer-to-peer transfers from a SoFi account belonging to another account holder), (iv) check deposits, (v) instant funding to your SoFi Bank Debit Card, (vi) push payments to your SoFi Bank Debit Card, and (vii) cash deposits. Qualifying Deposits do not include: (i) transfers between an account holder’s Checking account, Savings account, and/or Vaults; (ii) interest payments; (iii) bonuses issued by SoFi Bank or its affiliates; or (iv) credits, reversals, and refunds from SoFi Bank, N.A. (“SoFi Bank”) or from a merchant.
SoFi Bank shall, in its sole discretion, assess each account holder’s Direct Deposit activity and Qualifying Deposits throughout each 30-Day Evaluation Period to determine the applicability of rates and may request additional documentation for verification of eligibility. The 30-Day Evaluation Period refers to the “Start Date” and “End Date” set forth on the APY Details page of your account, which comprises a period of 30 calendar days (the “30-Day Evaluation Period”). You can access the APY Details page at any time by logging into your SoFi account on the SoFi mobile app or SoFi website and selecting either (i) Banking > Savings > Current APY or (ii) Banking > Checking > Current APY. Upon receiving a Direct Deposit or $5,000 in Qualifying Deposits to your account, you will begin earning 4.60% APY on savings balances (including Vaults) and 0.50% on checking balances on or before the following calendar day. You will continue to earn these APYs for (i) the remainder of the current 30-Day Evaluation Period and through the end of the subsequent 30-Day Evaluation Period and (ii) any following 30-day Evaluation Periods during which SoFi Bank determines you to have Direct Deposit activity or $5,000 in Qualifying Deposits without interruption.
SoFi Bank reserves the right to grant a grace period to account holders following a change in Direct Deposit activity or Qualifying Deposits activity before adjusting rates. If SoFi Bank grants you a grace period, the dates for such grace period will be reflected on the APY Details page of your account. If SoFi Bank determines that you did not have Direct Deposit activity or $5,000 in Qualifying Deposits during the current 30-day Evaluation Period and, if applicable, the grace period, then you will begin earning the rates earned by account holders without either Direct Deposit or Qualifying Deposits until you have Direct Deposit activity or $5,000 in Qualifying Deposits in a subsequent 30-Day Evaluation Period. For the avoidance of doubt, an account holder with both Direct Deposit activity and Qualifying Deposits will earn the rates earned by account holders with Direct Deposit.
Members without either Direct Deposit activity or Qualifying Deposits, as determined by SoFi Bank, during a 30-Day Evaluation Period and, if applicable, the grace period, will earn 1.20% APY on savings balances (including Vaults) and 0.50% APY on checking balances.
Interest rates are variable and subject to change at any time. These rates are current as of 10/24/2023. There is no minimum balance requirement. Additional information can be found at https://www.sofi.com/legal/banking-rate-sheet.
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Delaware is a state full of rich history, stunning coastlines, and unique cultural experiences. From the historic streets of New Castle to the serene beaches of Rehoboth, Delaware’s attractions draw visitors year-round. Famous for its lack of sales tax and the storied legacy of the DuPont family, Delaware stands out in many ways. But what else is Delaware known for? Whether you’re looking to buy or rent a home in Dover, move into an apartment in Milford, or you’re just passing through, you’ll quickly discover that this state has much more to offer than meets the eye. In this article, we’ll explore what makes Delaware unique and why so many are proud to call it home.
1. First state
People know Delaware as the “First State” because it ratified the U.S. Constitution first on December 7, 1787. This historic moment is celebrated annually with various events and educational programs. Dover, the state capital, hosts many of these celebrations, attracting history enthusiasts from around the nation.
2. Scrapple
Scrapple is a beloved Delaware dish made from pork scraps and cornmeal, seasoned and fried to perfection. People often enjoy it as a breakfast item, with eggs and toast. The Apple Scrapple Festival in Bridgeville celebrates this unique food with tastings, cooking contests, and exciting activities.
3. DuPont legacy
The DuPont family has played a pivotal role in shaping the Delaware’s economy and culture. Starting with the establishment of gunpowder mills in the early 19th century, the DuPont Company evolved into one of the largest chemical companies in the world. Visitors of Delaware can spend a day exploring the original DuPont Company powder yards and workers’ community. The family’s influence extends beyond industry, with significant contributions to education, healthcare, and the arts in Delaware.
4. Beaches and boardwalks
Delaware’s coastline is famous for its beautiful beaches and bustling boardwalks. Rehoboth Beach, known as the “Nation’s Summer Capital,” attracts visitors with its charming boardwalk and lively atmosphere. Bethany Beach offers a quieter, more relaxed vibe, perfect for a serene getaway. A popular event for locals is the annual Sea Witch Festival in Rehoboth Beach, featuring a parade, costume contests, and fun activities.
Delaware is a haven for shoppers, thanks to its lack of a state sales tax. The Christiana Mall near Newark is a major shopping destination, featuring over 150 stores, including high-end retailers and popular brands. Additionally, outlets in Rehoboth Beach offer great deals on designer goods, drawing bargain hunters year-round. Downtown Wilmington and Dover also provide unique shopping experiences with local boutiques and specialty shops.
Fun facts Delaware is famous for
The Delaware Memorial Bridge: This bridge, spanning the Delaware River, is one of the longest twin-span suspension bridges in the world.
Historic celebration: The state is home to the longest-running uninterrupted Fourth of July parade in the nation, held annually in the town of Smyrna since 1777.
Tax haven: Delaware is known for its business-friendly laws and is home to more than 1 million corporations, including over 60% of the Fortune 500 companies, due to its favorable tax policies and corporate laws.
6. Horseshoe Crabs and Shorebirds
Delaware Bay is known for its unique ecological phenomenon involving horseshoe crabs and migratory shorebirds. Each spring, thousands of horseshoe crabs come ashore to lay their eggs. This event attracts a variety of shorebirds, especially the Red Knot, which feeds on the crab eggs to fuel its long migration. This natural spectacle is crucial for bird conservation and attracts biologists and bird watchers worldwide.
7. Nemours Children’s Health System
Founded by Alfred I. du Pont, Delaware is home to the renowned Nemours Children’s Health System. The Nemours/Alfred I. duPont Hospital for Children in Wilmington is a leading pediatric care facility. It provides specialized medical treatments and comprehensive healthcare services for children. The hospital’s state-of-the-art research programs contribute significantly to pediatric medicine advancements. Families from across the region seek care at this world-class institution.
8. Punkin Chunkin
Punkin Chunkin is a uniquely Delaware event where teams compete to launch pumpkins as far as possible using homemade contraptions. Categories include air cannons, catapults, and trebuchets, showcasing engineering creativity. The competition is held in the rural areas of Sussex County, offering a festive atmosphere with food vendors and live music.
9. Air Mobility Command Museum
The Air Mobility Command Museum at Dover Air Force Base showcases the history of military airlift and refueling aircraft. This museum is a must-visit for aviation enthusiasts and history buffs featuring over 30 aircraft, including the iconic C-5 Galaxy. Interactive exhibits and simulators provide an immersive experience for visitors. Additionally, the museum hosts special events, such as vintage aircraft fly-ins and educational programs for the community.
10. Bombay Hook National Wildlife Refuge
Bombay Hook National Wildlife Refuge is a haven for wildlife and nature lovers. Located along the Delaware Bay, it spans 16,000 acres of tidal salt marsh. The refuge is home to diverse bird species, making it a prime spot for birdwatching. Visitors can enjoy scenic drives, walking trails, and photography opportunities. The refuge plays a vital role in preserving Delaware’s natural habitats.
11. Delaware Art Museum
The Delaware Art Museum in Wilmington is renowned for its collection of American art and illustrations. It features works by Howard Pyle, a native of Wilmington and a prominent illustrator. The museum’s Bancroft Collection includes British Pre-Raphaelite art, offering a unique perspective. Special exhibitions and community programs make the museum a cultural hub in Delaware.
12. Fenwick Island Lighthouse
The Fenwick Island Lighthouse, built in 1858, stands as a historic landmark on the Delaware-Maryland border. This iconic structure served as a critical navigational aid for boats traveling along the Atlantic coast. Over the years, it has attracted numerous visitors offering them a glimpse into the life of 19th-century lighthouse keepers and the evolution of coastal navigation technology. Today, it’s preserved as a cherished landmark, embodying the heart of Delaware’s coastal communities.
Jenna is a Midwest native who enjoys writing about home improvement projects and local insights. When she’s not working, you can find her cooking, crocheting, or backpacking with her fiancé.
It’s nearly impossible to avoid hearing the phrase “data dependent” when following financial markets these days and this morning’s movement is the latest reminder. A mere miss of 0.1 vs 0.2 in Retail Sales has resulted in an immediate and obvious bond market reaction, even if it hasn’t been extreme in terms of the level of improvement.
It also clearly benefited from a larger downward revision to last month’s reading (-0.2 vs 0.0). The net effect is a move to the lowest yields of the week, but not as low as those seen last Friday.
With the 20yr bond auction this afternoon and a market closure tomorrow, it would be a surprise to see traders try to improve on these gains without a surprise of some sort in the news.