The leadership structure of the Federal Housing Finance Agency, the body that runs Fannie Mae and Freddie Mac, has been ruled unconstitutional by a federal appeals court in Texas.
Mel Watt – Brookings Institution/Flickr
According to the ruling by the U.S. Court of Appeals for the Fifth Circuit in Texas, the FHFA has been “unconstitutionally insulated from executive control” due to its single-director structure. Should the court’s decision be upheld by a higher court, the FHFA’s actions could be rendered void according to the law, American Banker reported.
“We hold that Congress insulated the FHFA to the point where the executive branch cannot control the FHFA or hold it accountable,” appeals court judges said.
The FHFA does not have a bipartisan commission, unlike other federal agencies, so there is nothing to insulate it from executive oversight, the judges explained.
At present the FHFA executive cannot be removed from his post except for good cause. However, the judges called for a change to be made in the law so that the president can remove the director at will.
The Washington Examiner says the issue is not an academic one, as Mel Watt (pictured), who is the incumbent acting FHFA director, was appointed by former president Barack Obama, and has been criticized by the Trump administration several times since it took over the White House.
The previous acting director Ed DeMarco was also criticized for his fiscally conservative management of Fannie and Freddie, leading to calls from some liberals for him to be fired.
The FHFA took control of Fannie and Freddie on a caretaker basis after the two mortgage backers were bailed out by the government in 2008. Since then the FHFA has directed their business and strongly shaped the housing market. Fannie and Freddie facilitate a national secondary mortgage market by buying home loans from banks and other lenders and packaging them into securities for sale to investors.
The lawsuit against the FHFA was brought about by shareholders of Fannie and Freddie. Those shareholders also raised concerns that the Treasury took 100 percent of profits from the mortgage giants rather than pay out a 10 percent dividend. However, the court rejected the latter argument, validating an agreement that requires both bodies to deliver almost all their profits to the Treasury Department.
The FHFA refused to comment on the case.
Courts across the country continue to focus on appropriate checks on independent regulators. Twice in less than a year, a federal court has ruled that the Consumer Financial Protection Bureau isn’t constitutionally structured, also citing its single-director format.
Mike Wheatley is the senior editor at Realty Biz News. Got a real estate related news article you wish to share, contact Mike at [email protected].
It doesn’t matter if you’re moving across town or across the country. With kids or flying solo. Moving for work or for adventure. Moving etiquette is real. Listed below are some of the biggest faux pas you can make when dealing with your movers. Avoid those actions throughout your moving day and enjoy a seamless move and a happy crew.
1. Making movers wait
The biggest mistake you can make on moving day is making your movers wait around for you. Their time is just as valuable as yours and, while you may be taking the day off for your move, the movers are on the clock and hoping to complete the job as quickly as possible.
Much of the advice listed below plays a role in making sure your movers aren’t waiting on you for anything but it’s being mentioned here at the top anyway because it is the number one thing you can do to make your movers mad.
2. Forgetting to separate out problem items
There are a number of items that reputable movers will not move. Things like flammable or volatile substances can put your other items at risk and can even risk the safety of your movers themselves.
Regardless of training or road time, driving a large truck with thousands of pounds of cargo is difficult and dangerous. Not just because of the size of the cargo but also because of the other drivers on the road. Don’t saddle your movers up with potentially dangerous cargo and either make a plan to dispose of, leave behind or transport these items yourself.
3. Not labeling clearly
Your movers don’t know your home as well as you do. That’s true for the home you’re leaving and the home you’re settling down in. Make sure you label everything — yes, everything — as clearly as possible.
Even if you know the blue plastic bin is holding all of your remotes and family streaming passwords on moving day, you may not remember that by the time unpacking rolls around. Beyond that, without proper labeling, any important boxes are vulnerable to being cast out into a corner and forgotten about.
So, even if you think it’s over the top, label everything that’s making the move with you as clearly as you possibly can.
4. Neglecting the small details
There’s so much more to moving than boxing up your things and making the trip from A to B. In order to ensure your move goes as smoothly as possible, it’s important that you handle all of the ancillary logistics that can hold up the process if not thought about ahead of time.
These things include parking permits for the moving truck and freight elevator reservations. Basically, anything at the location you need to take care of upon your arrival, you should plan out ahead of time.
You should also do your best to get to the location before your movers to ensure that there are no unexpected issues waiting for you at your new apartment.
5. Not separating out irreplaceable items
Separate out any items you would consider irreplaceable and are able to pack into your own truck or car. Obviously, if your 12-person dining room table is irreplaceable, the movers will still have to handle an object of that size.
But, if it means a lot to you and you can move it yourself, just do that. It makes life easier for you and your movers and lessens the stress and emotional burden that comes with picking up your entire life and heading to a new place.
6. Not providing extra supplies
You hired movers so you don’t have to do the heavy lifting with your move. While your movers should come prepared with everything they need to get the job done, you should do all that you can to support your crew.
Be sure to make extra supplies, like tape, boxes, packing paper, markers for labeling, scissors and anything else that you think could be of help to them, available and easily accessible. Not only is this easy for you but it can also potentially save your movers time during the day if they always have the supplies they need at the ready.
7. Not offering refreshments
It doesn’t matter if you’re in the dog days of summer in Atlanta or the middle of winter in Minneapolis, you should offer your movers water at the very least. Moving, like all strenuous physical activity, is something that requires significant physical strength and proper hydration. Without those two, your movers risk damaging your possessions or injuring themselves.
It doesn’t take long to set out a pitcher of water or provide the crew with some water bottles and it will show your movers that you appreciate and respect the effort they are making to get you moved as efficiently as possible.
8. Hovering over your movers
Your movers are professionals. Let them do what they do, which, if you hired the right company, is get your belongings from A to B as quickly as possible. They don’t need you hovering over them making sure each box is placed perfectly in their truck the way you’d like it.
9. Forgetting to tip
Moving is hard work. It’s why you hired someone to do it for you. And, while you may have paid a pretty penny to accomplish the move, it’s still customary to tip. Will the movers pack your stuff back up and hold it on the truck until you break out a few bills? No. Is it the right thing to do, though? You betcha, especially if they did a great job.
You will make it
Is moving stressful? Yes. Is it also something that people do every day? Yes. You’ll make it through your move and into your new rental. Do your best to plan ahead, supply your movers with everything they need to succeed, stay out of their way and stay calm.
It may seem like a lot now but you’ll be settled into your new place and your new life in no time. Happy moving!
A native of the northern suburbs of Chicago, Carson made his way to the South to attend Wofford College where he received his BA in English. After working as a copywriter for a couple of boutique marketing agencies in South Carolina, he made the move to Atlanta and quickly joined the Rent. team as a content marketing coordinator. When he’s off the clock, you can find Carson reading in a park, hunting down a great cup of coffee or hanging out with his dogs.
If you use your credit card for everything, from paying bills to ordering takeout to booking trips, you put yourself at risk for fraudsters to steal your credit card information.
One way to protect your sensitive information is to put a freeze on your credit report. A credit freeze provides you with an extra layer of security because it prevents anyone from running a hard inquiry on your report or potentially opening a new line of credit without your permission.
But at some point you might want to open a new credit card or apply for a loan. So how do you unlock a credit freeze? In this guide, you’ll learn all about how to unfreeze credit.
💡 Quick Tip: A SoFi cash-back credit card is a great way to earn rewards without a complicated redemption process. Even better, SoFi doesn’t place limits on the amount of cash-back rewards you can earn.
What Does it Mean to Unfreeze Credit?
When you freeze your credit report, you can’t open a new line of credit, whether that’s a credit card, mortgage, auto loan, or something else. At the same time, no one can run a hard inquiry on your credit report — so lenders, landlords, even potential employers can’t access it. While there are limits on who can legally look at your credit report, a credit freeze can provide peace of mind that no one can open an account in your name.
When you unfreeze your credit, it’s like you’re turning back on the credit report. Once your credit is unfrozen, you can once again open a new line of credit, and lenders can run a hard pull on your report.
Unlimited 2% cash back rewards*
Earn 3% cash back on up to $12,000 in purchases your first year when you set up direct deposit through SoFi.** After that, earn 2% unlimited cash back on everything.*
How a Credit Freeze Works
Also known as a security freeze, a credit freeze restricts access to your credit file. Credit freezes don’t happen automatically. You have to reach out to each of the three credit bureaus — Experian, Equifax and TransUnion — to ask for a credit freeze. Thanks to the Fair Credit Reporting Act, if you request a credit freeze over the phone or online, the credit bureaus are required to freeze your report within 24 hours. If you send the request via mail, they have up to three business days.
When you make a credit freeze request, each bureau will give you a PIN (personal identification number) or password that you need when you decide to lift the freeze.
A credit freeze is often confused with a credit lock, but they’re two separate things. A credit lock is a service you sign up for, and there’s usually a subscription fee. It’s similar to a credit freeze as you block access from most lenders. However, you can freeze or unfreeze it at any time on your phone or computer, and you don’t have to wait for it to go into effect.
A credit freeze is free, and you have to go through the credit bureaus to thaw your credit, and it takes about an hour to go into effect.
Types of Credit Freeze Lifts
At some point you may think about unlocking your credit freeze. When the time comes, there are two main types of credit freeze lifts:
Temporary lift
A temporary lift will unfreeze your credit report for a designated time period. You can choose how long you’d like your credit to be thawed, but it’s typically anywhere from one to 30 days.
You can thaw your credit freeze temporarily to apply for new credit, take out a loan, or apply to rent an apartment. But once you’re done with that financial task, the freeze restarts.
Permanent lift
A permanent lift will thaw your credit freeze for an indefinite amount of time. You might want to go this route if you don’t want to go through the steps of freezing and unfreezing your credit and find that the trouble isn’t worth the benefits.
Recommended: How to Read and Understand Your Credit Report
Ways to Unfreeze Credit Using Bureaus
How do you unfreeze your credit? You just need to contact each of the credit bureaus. You can do it in one of three ways:
• Phone: If you request a lift by phone, the credit bureaus are required to thaw your credit within an hour.
• Online: If you make the request online, your credit freeze will also be lifted within the hour.
• Mail: You can also request a credit thaw by mail. If you go this route, expect the lift to happen within three business days.
Recommended: How to Dispute a Credit Report and Win Your Case
When You Should Unfreeze Your Credit
Generally, you need to unfreeze your credit anytime someone needs to review your credit report, like if you’re opening a new line of credit or applying for a loan. Some common scenarios of when you’ll need to unfreeze your credit:
• Applying for a credit card
• Applying for a mortgage, personal loan, or car loan
• Applying for a line of credit
• Hunting for an apartment
Recommended: Common Credit Report Errors and How to Dispute Them
Credit Freeze vs. Fraud Alert
If you’re at high risk for fraud, or you suspect you’ve been a victim of a credit card scam, or you just want to take extra precautions, you can set up a fraud alert on your credit report. When you have a fraud alert in place, a lender or creditor needs to verify your identity before they can issue you a new line of credit or approve you for a loan.
To place a fraud alert, you only need to reach out to one of the three credit bureaus. By law, that credit bureau must let the other two credit bureaus know you placed a fraud alert. In turn, all three credit bureaus will place a fraud alert on your credit file.
Initial fraud alerts are free, and initial fraud alerts last one year. After one year, you can renew it. Extended fraud alerts last for seven years, but they are for victims of identity theft, and you must submit a police report to qualify.
A credit freeze, on the other hand, blocks any party, including lenders and creditors, from accessing your credit. You need to place a credit freeze separately with each of the three credit bureaus, which lasts indefinitely. They can only be lifted when you make a request.
💡 Quick Tip: On-time payments are key to building your credit score. To ensure that you make your payments in time, consider setting up automatic payments or set a calendar reminder of your due date.
The Takeaway
Unfreezing your credit report is relatively simple, and it’s easy to set up a temporary lift should you decide you want to apply for a new credit card or personal loan. There are a few different ways you can go about thawing your credit as needed, and the credit bureaus have to unfreeze your credit within an hour of you making the request by phone or online.
Looking for a new credit card? Consider a rewards card that can make your money work for you. With the SoFi Credit Card, you earn cash-back rewards on all eligible purchases. You can then use those rewards for travel or to invest, save, or pay down eligible SoFi debt.
The SoFi Credit Card offers unlimited 2% cash back on all eligible purchases. There are no spending categories or reward caps to worry about.1
Take advantage of this offer by applying for a SoFi credit card today.
FAQ
Can I unfreeze my credit?
You can unfreeze your credit anytime by going through each of the three credit bureaus — Experian, Equifax, and TransUnion — and requesting a lift on your credit freeze. You can ask for either a permanent or temporary lift. The thaw usually lasts anywhere from one to 30 days if it’s temporary.
Can you freeze your credit automatically?
Credit freezes don’t happen automatically. You will need to contact the three credit bureaus and make a proper request. You can do so online, by telephone, or via snail mail.
How soon can I unfreeze my credit after freezing?
You can unfreeze your credit as frequently as you like and request a credit lift as soon as you freeze it. If you made the request online or over the phone, it can take up to an hour to unfreeze your credit. If you send the request in the mail, it can take up to three business days.
How long does it take to unfreeze your credit?
It depends on the credit bureau and how you made your request. If you requested your credit to unfreeze or “thaw” over the phone or email, the credit bureaus must lift it within an hour. If you made the request by mail, the credit bureaus must unfreeze your credit within three business days.
Can I still use my credit card after freezing my credit?
Freezing your credit doesn’t impact your ability to use your credit card. You can freely make purchases on your card, book trips, redeem your cash-back points, and so forth. But if you want to do something that requires a hard pull of your credit — apply for new credit, loan, or submit a rental application for an apartment — you’ll need to unfreeze first.
Photo credit: iStock/nortonrsx
The SoFi Credit Card is issued by The Bank of Missouri (TBOM) (“Issuer”) pursuant to license by Mastercard® International Incorporated and can be used everywhere Mastercard is accepted. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
Checking Your Rates: To check the rates and terms you may qualify for, SoFi conducts a soft credit pull that will not affect your credit score. However, if you choose a product and continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit.
SoFi cardholders earn 2% unlimited cash back rewards when redeemed to save, invest, or pay down eligible SoFi debt. 1
Reaction to a recent decision by Fannie Mae to not go forward with a proposed title-waiver pilot is drawing both praise and pushback from stakeholders in the space.
The government-sponsored enterprise first floated a potential program this spring that would have waived title insurance requirements on some loans sold to it in the secondary market.
Along with fellow GSE Freddie Mac, Fannie Mae has actively looked for solutions to address affordability and widen homeownership opportunities across the country. Among several developments emerging in the past several months are new underwriting guidelines as well as decisions by both Fannie Mae and Freddie Mac to allow the use of attorney-opinion letters in lieu of title insurance in limited cases. But the suggestion of waiving insurance requirements altogether drew criticism and challenges from the title industry.
Upon learning of Fannie Mae’s decision to not move the proposal forward, the American Land Title Association lauded the outcome.
“This is a significant achievement to protect consumers, lenders and the housing finance system, and showcases the benefits of our products, industry and your business,” the trade group said in a message to its members last week.
“We will also continue to collaborate with Fannie Mae and Freddie Mac to deliver innovative and cost-effective title insurance products and solutions that best protect lenders and consumers,” ALTA stated.
Providers of attorney-opinion alternatives also came forward this week to clarify that the end of the title-waiver pilot had no connection to the products they offer.
“Certain title alternatives, such as the attorney opinion letter (AOL), have been deemed acceptable alternatives to title insurance by agencies and investors,” said Stacy Mestayer, chief compliance officer at Voxtur Analytics, in a statement sent to National Mortgage News.
“Importantly, the recent reports related to halting title waiver initiatives has no impact on existing agency approvals of title alternatives, including Fannie Mae’s approval of AOLs,” she said.
Harsher words came from Theodore Sprink, founder of iTitle Transfer and a former executive at insurers Fidelity National and First American Financial. A frequent critic of ALTA, Sprink alleged the trade group “fabricated the title waiver ‘pilot’ program,” in multiple LinkedIn posts.
“ALTA created a solution in search of a problem,” he wrote, adding the waiver program had “nothing to do with AOLs as an alternative to costly and unnecessary title insurance.”
Fannie Mae’s title-waiver proposal emerged as both GSEs were tasked with introducing equitable housing plans in late 2021 to help close homeownership and disparity gaps. Subsequently, both Fannie Mae and Freddie Mac took a closer look at alternatives to title insurance, such as attorney-opinion letters, which they began accepting last year.
The use of AOLs, similarly, has drawn its share of critics from within the title industry. But the GSEs’ announcement it would begin to consider them also drew increased interest from major industry names, such as United Wholesale Mortgage, in providing such options at the tail end of 2022.
Adding further fuel to recent title industry discussions was a recent blog post by mortgage banking consultant Rob Chrisman, who highlighted an article claiming less than 5% of money collected from title insurance premiums went to claims, “the rest of it going to fat profits.” ALTA and mortgage industry lawyers attempted to refute the findings in following days.
In 2022, the title industry collected approximately $21 billion off of premiums based on mortgage volume totaling $2.25 trillion, ALTA reported. Insurers also paid $596.1 million in claims last year, representing an increase of 25% from 2021.
In the second quarter, five publicly-traded title insurers reported profits, recovering from a lackluster start to the year. But only two saw their profits increase on an annual basis as mortgage originations slowed substantially.
A wide array of U.S. federal agencies are descending on the Hawaiian island of Maui as relief begins pouring in following a devastating set of wildfires that completely destroyed the popular coastal town of Lahaina, displaced thousands of local residents and killed at least 111 people, according to the most recent information.
The Department of Housing and Urban Development (HUD) has instituted a 90-day moratorium on foreclosures of mortgages insured by the Federal Housing Administration (FHA), as well as a pause on foreclosures of mortgages in the Indian Home Loan Guarantee program.
Borrowers at or over the age of 62 who are engaged in a Home Equity Conversion Mortgage (HECM) have also been given a 90-day extension. All relief measures are effective as of the official disaster declaration issued by President Joe Biden on August 10.
HUD also detailed the availability of additional housing assistance for individuals upon request, including FHA insurance to disaster victims; HUD’s Section 203(k) loan program that allows the finance of a purchase or refinance of a house along with its repair through a single mortgage; flexibility to Community Planning and Development grantees, Public Housing Agencies and Tribes; and the availability of HUD-approved housing counseling agencies.
Hundreds of personnel from FEMA have been deployed to the disaster area, while the USDA is deploying food assistance programs for displaced residents. The State Department has also granted a fee waiver for people who lost their U.S. passport book or passport card as a result of the wildfires. The U.S. Army Corps of Engineers has also been deployed to clear roads and bolster electric service, while the Environmental Protection Agency is on-site to assist with household hazardous waste removal that will be “essential to begin recovery work in the impacted areas.”
But there are other issues that could present problems for the area as rebuilding begins, particularly with regard to homeowners insurance, according to recent coverage by the New York Times.
The status quo of relatively low home insurance rates — solidified by a general lack of natural disasters striking the islands — could be upset by the fires, which may exacerbate other issues impacting Hawaiian housing such as gentrification.
When Hurricane Iniki devastated the island of Kauai in 1992, Hawaii’s state legislature established a fund to provide hurricane insurance for homeowners. That program was dissolved in 2002, however, since the private insurance market was built back to “full strength,” according to the Times. While wildfires have not been a major problem for Hawaii in the past, this latest disaster could signal to insurance carriers that they could become more of an issue in the future.
“I think insurers are going to start factoring in the increased frequency and severity of wildfires,” David Marlett, a professor of risk management at Appalachian State University told the New York Times. “You’ve already seen that in California.”
With the increasing prevalence of natural disasters across the U.S. and the world, insurance companies have reacted by pulling back coverage in habitually-impacted areas. Recent data from Redfin showed that housing markets with flood and wildfire risk are booming since that additional climate risk has translated into lower costs in certain areas.
But insurance carriers themselves are pulling back or leaving, notably in California and Florida, and they’re citing climate risk as a primary driver.
Summer, summer, summertime. There’s really nothing like it. And, on a scorching summer day, what could be better than kicking back by the pool, catching a few rays and riding out the heat with a few of your closest friends?
So, you want to throw a pool party that everyone will remember? Follow the expert tips below and set the new standard for summertime fun by throwing the most memorable pool party of the year.
Test your pool water
“Remember to test your pool water in the days leading up to your pool party,” urges a pool expert at Leslie’s.
This is “to ensure it’s safe and healthy for all. If your pool water isn’t clean, clear and sanitized, the pool party will not be fun for anyone!”
“Once you’re ready to party, you can add outdoor furniture, waterproof speakers, refreshments, snacks, games and cool pool floats to your backyard and pool!”
Create a welcoming ambiance
“Set the mood for your nighttime pool party with an impressive light show,” suggests Hannah Eubank of Pool Sharp TX.
“Most pool lights with automation have pre-programmed party modes where the lights create unique color patterns. From Mardi Gras to Independence Day themes, you can find something to suit your pool party vibes.”
Find what floats your boat
Christy, from the Happy Family Blog, suggests “having lots of fun colorful floats. Floats are a fun way to set the mood for the party. We also love to use them to serve things like popsicles or drinks on a bed of ice.”
Curious about the best pool floats? Find Christy’s picks on her blog.
Help yourself to some helium
“As summer heats up, you’ll need eye-catching décor and party supplies to create the perfect poolside event,” explains Dianne Pavek of Mayflower Distributing.
Encouraging creativity, Dianne went on to say, “Air-filled latex balloons can be assembled into countless displays! Colorful balloon animals, like dogs or swans, can float in the pool. Balloon columns and organic arches can also help showcase your event.”
Prioritize safety
“Pool party safety should be your number one concern,” explains Abe Breuer, CEO of John To Go and VIP To Go.
“You want people to be safe. Not only do unsafe conditions and accidents put people at risk, but they also eliminate the ability to have carefree fun. Try to get a trained lifeguard to attend the party. If it’s more of a demure, adult party, just having a licensed lifeguard is enough.”
Abe went on to explain how you should take extra precautions with youths, “If you’ll be having teens or young kids over, you may want to hire a lifeguard who has experience in keeping that demographic compliant with safety rules. Other adults, who are not attending for the express purpose of lifeguarding duties, may become distracted by the festive goings-on and/or the social aspect. Also, make sure that you have all the proper safety gear needed in a pool area such as non-slip grids, flotation devices, a first aid kit, a designated phone for emergencies and well-lit areas.
Abe wrapped up his thoughts by saying, “Finally, keep temps and sun exposure in mind. A pool party is not just about water safety. Make sure you have plenty of water on hand to keep dehydration at bay and set up a sunscreen station so all your guests can slather themselves in a coverup to prevent heat burns.”
Additional pool party safety tips:
Prohibit headfirst diving
Don’t allow tandem jumping
Prohibit breath-holding games
Avoid pool drains
Make sure at least one person attending the party is sober
If you’re in a communal pool, try to limit your party to one area
If you’re going to be hosting pool parties regularly, get CPR certified
Enjoy the warm weather
When it comes to beating the heat on a long summer day, nothing beats a pool party with your friends. Follow the advice above and enjoy a summer filled with the most memorable pool parties of your life.
A native of the northern suburbs of Chicago, Carson made his way to the South to attend Wofford College where he received his BA in English. After working as a copywriter for a couple of boutique marketing agencies in South Carolina, he made the move to Atlanta and quickly joined the Rent. team as a content marketing coordinator. When he’s off the clock, you can find Carson reading in a park, hunting down a great cup of coffee or hanging out with his dogs.
Summer, summer, summertime. There’s really nothing like it. And, on a scorching summer day, what could be better than kicking back by the pool, catching a few rays and riding out the heat with a few of your closest friends?
So, you want to throw a pool party that everyone will remember? Follow the expert tips below and set the new standard for summertime fun by throwing the most memorable pool party of the year.
Test your pool water
“Remember to test your pool water in the days leading up to your pool party,” urges a pool expert at Leslie’s.
This is “to ensure it’s safe and healthy for all. If your pool water isn’t clean, clear and sanitized, the pool party will not be fun for anyone!”
“Once you’re ready to party, you can add outdoor furniture, waterproof speakers, refreshments, snacks, games and cool pool floats to your backyard and pool!”
Create a welcoming ambiance
“Set the mood for your nighttime pool party with an impressive light show,” suggests Hannah Eubank of Pool Sharp TX.
“Most pool lights with automation have pre-programmed party modes where the lights create unique color patterns. From Mardi Gras to Independence Day themes, you can find something to suit your pool party vibes.”
Find what floats your boat
Christy, from the Happy Family Blog, suggests “having lots of fun colorful floats. Floats are a fun way to set the mood for the party. We also love to use them to serve things like popsicles or drinks on a bed of ice.”
Curious about the best pool floats? Find Christy’s picks on her blog.
Help yourself to some helium
“As summer heats up, you’ll need eye-catching décor and party supplies to create the perfect poolside event,” explains Dianne Pavek of Mayflower Distributing.
Encouraging creativity, Dianne went on to say, “Air-filled latex balloons can be assembled into countless displays! Colorful balloon animals, like dogs or swans, can float in the pool. Balloon columns and organic arches can also help showcase your event.”
Prioritize safety
“Pool party safety should be your number one concern,” explains Abe Breuer, CEO of John To Go and VIP To Go.
“You want people to be safe. Not only do unsafe conditions and accidents put people at risk, but they also eliminate the ability to have carefree fun. Try to get a trained lifeguard to attend the party. If it’s more of a demure, adult party, just having a licensed lifeguard is enough.”
Abe went on to explain how you should take extra precautions with youths, “If you’ll be having teens or young kids over, you may want to hire a lifeguard who has experience in keeping that demographic compliant with safety rules. Other adults, who are not attending for the express purpose of lifeguarding duties, may become distracted by the festive goings-on and/or the social aspect. Also, make sure that you have all the proper safety gear needed in a pool area such as non-slip grids, flotation devices, a first aid kit, a designated phone for emergencies and well-lit areas.
Abe wrapped up his thoughts by saying, “Finally, keep temps and sun exposure in mind. A pool party is not just about water safety. Make sure you have plenty of water on hand to keep dehydration at bay and set up a sunscreen station so all your guests can slather themselves in a coverup to prevent heat burns.”
Additional pool party safety tips:
Prohibit headfirst diving
Don’t allow tandem jumping
Prohibit breath-holding games
Avoid pool drains
Make sure at least one person attending the party is sober
If you’re in a communal pool, try to limit your party to one area
If you’re going to be hosting pool parties regularly, get CPR certified
Enjoy the warm weather
When it comes to beating the heat on a long summer day, nothing beats a pool party with your friends. Follow the advice above and enjoy a summer filled with the most memorable pool parties of your life.
A native of the northern suburbs of Chicago, Carson made his way to the South to attend Wofford College where he received his BA in English. After working as a copywriter for a couple of boutique marketing agencies in South Carolina, he made the move to Atlanta and quickly joined the Rent. team as a content marketing coordinator. When he’s off the clock, you can find Carson reading in a park, hunting down a great cup of coffee or hanging out with his dogs.
Swiss bank UBS AG announced Monday it has agreed to pay $1.43 billion in penalties to settle a civil action alleging misconduct related to the underwriting, issuance and sale of residential mortgage-backed securities (RMBS) before the 2008 financial crisis.
The settlement with the U.S. Department of Justice (DOJ), which refers to a civil action filed in November 2018, does not bring the determination of liabilities, the DOJ said.
“The settlement has been fully provisioned in prior periods,” UBS said in a statement.
According to the DOJ, the United States filed a complaint alleging that UBS “defrauded investors” by making false and misleading statements to buyers of 40 RMBS issued in 2006 and 2007 relating to the characteristics of the loans.
Per the civil action, UBS knew that a significant number of the mortgages did not comply with underwriting guidelines designed to assess borrowers’ ability to repay and with consumer protection laws. In addition, UBS knew that property values associated with the loans were unsupported, the DOJ claimed.
“UBS was allegedly aware of these significant problems because it had conducted extensive due diligence on the underlying loans prior to the RMBS being issued to determine whether the loans were consistent with representations that would be made to investors. Ultimately, the 40 RMBS sustained substantial losses,” the DOJ said in a statement.
“The substantial civil penalty in this case serves as a warning to other players in the financial markets who seek to unlawfully profit through fraud that we will hold them accountable no matter how long it takes,” U.S. Attorney Breon Peace for the Eastern District of New York said in a statement.
The UBS settlement is the last case brought by the DOJ working group dedicated to investigating the banks’ conduct during the financial crisis, which resulted in $36 billion in penalties to banks, originations and rating agencies. It includes Ally Financial; Aurora Loan Services; Bank of America; Barclays; Citigroup; Credit Suisse; Deutsche Bank; General Electric; Goldman Sachs; HSBC; JPMorgan; Moody’s; Morgan Stanley; Nomura; Royal Bank of Scotland; S&P; Société Générale; and Wells Fargo.
The agreement comes as UBS is working to integrate the operations of Credit Suisse Group AG. It acquired the rival this year for $3.4 billion in stock after Credit Suisse faced a deposit run in March. A recent filing from UBS showed the Swiss bank took a hit of about $17 billion due to the takeover.
In the mortgage space, UBS has plans to wind down a business in its U.S. mortgage unit that focuses on “to-be-announced” (TBA) trading. The decision is part of UBS’s strategy to focus more on financing mortgage originators, per a Bloomberg report from May.
Inside: Dreaming of ways to make money fast as a woman? Stop dreaming and take action. These are genius ways of making money online and at home.
Making money fast is crucial for maintaining a comfortable lifestyle, especially in the face of rising living costs. It can be the key to financial stability, providing additional funds to support and enjoy your lifestyle.
As a woman, you need to know how to make money fast.
This isn’t just about getting rich quickly. It’s about women gaining the freedom to live independently without financial constraints.
The feeling of financial security lessens stress; not having to worry over unexpected expenses plays a big role in your overall well-being.
This is what you want to do – make money fast!
Good news! You are in the right spot and I’ll show you my favorite ways to make money online.
Get into the right mindset, ladies! Making money fast isn’t just possible, but also liberating.
How can I make easy money ASAP?
Making easy money quickly can be achieved in various ways that utilize your skills and knowledge.
First and foremost, consider your own skills and expertise, and determine whether they could apply to jobs like cake baking, childcare, bookkeeping, house cleaning, or freelance writing.
This will tell you the easiest way for you to make money quickly. For me, I prefer to trade options in the stock market. Whereas someone else may choose babysitting or dog walking.
You need to find how to make money fast and we will help you with that decision.
Why Making Money Fast is Important
1. Makes it possible to live comfortably 2. Enables you to afford the best quality of life 3. Gives you the freedom to pursue your dreams 4. Gives you the freedom to live without financial constraints 5. Provides you with security and safety 6. Freedom to give back to your community 7. Freedom to choose how you spend your time 8. Opportunity to take risks and start a business 9. Provides you with a sense of power and control 10. Live without financial worry
This post may contain affiliate links, which helps us to continue providing relevant content and we receive a small commission at no cost to you. As an Amazon Associate, I earn from qualifying purchases. Please read the full disclosure here.
Are you passionate about words and reading?
If so, proofreading could be a perfect fit for you, just like it’s been for countless of readers! Learn how you can create a freelance business as a proofreader.
Check out this free workshop!
Bookkeeping is the most stable, reliable & simple business to own. This is how to make a realistic income -either part-time or full-time.
Find out TODAY if this is THE business you’ve been looking for.
How can I make a lot of money in hours?
Making income in a matter of hours for a woman is entirely feasible with a blend of freelancing, leveraging gig economy platforms, and capitalizing on your skills or assets. Here’s a quick guide for you:
Consider freelancing: Establish your writing, graphic design, or programming services on platforms like Fiverr or Upwork.
Dive into the gig economy: Sign up for TaskRabbit, Airbnb, or Turo to start earning.
Try online tutoring or content selling: Proficient in any subject or have strong graphic design skills? Go for tutoring or sell your content.
Indulge in buying & selling: If you’re good at purchasing low and selling high, then swap clothes or furniture, or even stocks.
Take online surveys or join market research groups on sites like Swagbucks for a rapid source of income.
Remember, time management is crucial for balancing multiple streams at once. Don’t forget to schedule wisely!
How to Make Money Fast as a Woman
No matter who you are, making money can be tough. But if you’re a woman, it can feel impossible.
From getting paid less than men for the same job to having a harder time getting promoted, the deck is often stacked against us.
Just so you know that making quick money in one day won’t happen overnight.
So, I’m going to tell you the best ways to make money fast as a woman.
1. Sell Services
Selling your skills or expertise is a fast, viable way to earn money. It’s all about utilizing what you already know to provide value to others.
Identify your marketable skills, such as cake baking, freelance writing, bookkeeping or even organizing spaces.
Brainstorm which of these services people could pay for.
Remember, you can tap into both physical tasks, like house cleaning or pet-sitting, and digital ones, like creating digital printables or offering consulting in your field of expertise.
Expert Tip: Launch your service with a few testimonials, helping to build trust with potential customers from the get-go.
2. Freelance
Freelancing is a savvy way for women to stack up earnings fast, offering flexibility and complete control over the workload. It’s a ticket to dodge conventional office politics and punch above your earning potential.
Start by identifying your freelance niche. You can be a writer, graphic designer, or anything you’re skilled at. Many people use their transferable 9-5 skills to side hustle.
Then, create your profile on platforms like Fiverr, Upwork or Guru – be sure to showcase your accolades.
Set your rates, then start connecting with clients looking for your talent.
Remember, success in freelancing is driven by quality and consistency. So, sharpen your skills and always exceed your client’s expectations.
Freelancing may start as a side gig, but with dedication, it can grow into a full-time job.
3. Become a Product Reviewer
Being a product reviewer is an intriguing job opportunity for those who enjoy sharing candid feedback about their experiences with various products.
As a product reviewer, you are required to assess products often sent to you from diverse companies.
Your role involves providing a comprehensive review that could range from making an unboxing video to writing a detailed article about the product’s features and performance.
This kind of job requires an unbiased perspective and the capacity to articulate your thoughts and experience in a detailed, user-friendly manner.
Companies value this form of direct feedback as it provides them with significant data about their product’s strengths and weaknesses as perceived by an end-user.
4. Virtual Assistants
As a woman, becoming a virtual assistant could be your fast lane to earning a substantial income.
This is especially a great option if you’re excellent in organization and time management along with the need for flexibility.
For many becoming a virtual assistant with no experience is possible. And very lucrative.
Finally, for your best shot at success in this field, taking a course to improve your learning curve is extremely helpful.
Potential to earn up to $43,000 per year.
5. Sell Your Crafts
Ladies, have you thought of turning your love for crafts into a profitable venture?
Find out what crafts are in demand. The higher the demand, the more profitable it would be to make and sell these crafts.
Remember, profitability hinges on what you sell and how much you sell. Happy crafting!
While you are limited on what you can earn by what you can make, it is possible to make money doing something you absolutely enjoy.
6. Stock Trading
Stock trading may seem daunting but it can be a quick route to financial independence, especially for women.
With the right tools, information, and mindset, you can swiftly navigate the market and amplify your earnings. In fact, this is something Teri Ijeoma did herself.
Educate yourself on the basics before you invest. This is exactly what I did and my investment has paid off.
Always be aware of the risks involved in stock trading and proceed cautiously. However, building up an investing education is a wise decision.
Learn how fast can you make money in stocks.
7. Babysit
Babysitting is a versatile side hustle offering flexible hours and good earning potential.
It’s an ideal opportunity if you’re seeking quick, extra income and enjoy children.
Obtain optional certifications like CPR and first aid to enhance your appeal. Visit platforms like Care.com, Sittercity, or Urbansitter to create your profile and connect with clients.
8. Transcriber
One field that remains highly overlooked is transcription.
A transcriptionist listens to audio files and converts them into written documents.
Gain a thorough understanding of the industry. Check out this free webinar to get the basics right.
Consider specializing in legal or medical transcription. These niches often fetch higher wages.
You could easily make $3000-$4000 monthly, working on your own schedule.
Remember, practice and precision can help you achieve a lucrative transcription rate.
9. House Cleaning
Cleaning can be a rewarding gig, especially if you like tidying spaces.
Despite recognizing the need for a clean home, many people often struggle to find the time or energy to routinely clean their homes. This is where the prospect of a housecleaning business arises.
Busy homeowners, parents juggling work and childcare, elderly individuals needing assistance, and even businesses needing regular cleaning services are all potential clients for a housecleaning business. This demand provides a consistent income flow for those offering cleaning services.
In fact, individuals transitioning into this field of work can negotiate their wages with clients, potentially earning more than $15 an hour based on the complexity and demands of the job.
10. Sell Printables on Etsy
Selling printables is an effective and lucrative method to generate passive income.
Once printables such as planners, calendars, and journals are designed, created, and listed for sale on platforms like Shopify or Etsy, they can consistently produce income without requiring continual input or maintenance.
According to several experts, one of the keys to making substantial profits from printables is to differentiate your products.
Building upon this idea of making money from printables, the free Printables Workshop by Gold City Ventures offers comprehensive insights into the process of creating and selling aesthetically pleasing printable products online. This accessible course can be an excellent starting point for beginners looking to navigate the printables market.
Selling printables on Etsy might be the perfect venture for you!
11. Dog Walking
Looking for a fun-filled way to make some quick bucks?
Dog walking could be the right side hustle for you, especially if you’re an animal lover.
Easy to find jobs for dog walking.
Suitable for people with flexible schedules.
Offers an active way to earn money.
Option to select your rates with platforms like Rover.
High demand especially due to increasing pet adoptions and busy pet owners.
You can work when you need to and not take clients when you don’t want too.
12. Make Money Blogging
Blogging is a popular and prevalent way to earn money. Many blog owners are women who want the flexibility to earn significant money at their own pace and schedule.
Earning money through blogging allows you to focus on something you’re passionate about. Any topic that can provide value to an audience can be blogged about. Targeting a niche that has been overlooked by existing blogs can increase your blog’s potential earnings.
Starting a blog doesn’t require formal training, but it does require a willingness and ability to write effectively for an audience.
By employing monetizing avenues, like affiliate marketing and advertising, a blogger can boost their earning significantly.
Despite the vast number of existing blogs, the industry is very accommodating toward new voices, especially female voices. Thus, knowing how to monetize a blog can offer women many opportunities.
Remember, blogging is not just about earning fast bucks, it also needs consistent efforts. It’s rewarding but can start slow.
13. Ride-Sharing
Ridesharing is an excellent opportunity for women looking to make fast money. With apps like Uber and Lyft, you can earn an income simply by offering transportation services.
Here are a few tips to increase your earnings:
Consider driving during peak hours, weekends, or during special events to cash in on higher demand.
Choose busy locations such as city centers and nightlife spots to increase your chances of getting rides.
Maintain good customer service and ensure safe driving to uphold your rating and receive more ride requests.
14. Office Cleaning
Considering the hustle and bustle of the daily grind, office cleaning can be an untapped treasure trove for women seeking quick cash. Given the high demand and flexible hours, it’s an ideal source of extra income.
You must identify office premises needing cleaning services. Reach out to the owners or management, and propose your services.
Think about offering your services to offices in your local area. It’s a fast way to make extra money while managing your other commitments.
15. eBay Arbitrage
Looking to earn some quick money? eBay Arbitrage could be the game-changer you need.
Aimed mostly at women who love shopping, it’s about buying products cheaply and selling them on eBay for a profit.
First, hunt for bargains in thrift stores, sales, or online markets.
Go with high-demand items; electronics, collectibles, or brand sneakers are a good start.
Then, create your eBay store and list your finds at a competitive but profitable price.
Track each item’s demand through keyword research and buyers’ reviews.
Remember to calculate potential profits inclusive of shipping costs and eBay fees.
Armed with the right strategies, you can start earning with eBay in no time!
16. Freelance Writing
Did you know your writing passion can become a quick buck-making engine? That’s right, freelance writing is a gold mine you ought to tap.
First, identify a writing niche you love. It’s easier to excel when you’re passionate about your work.
Continually hone your writing skills. The more you practice, the better you become and the more valuable your skills. Finally, don’t be shy to market your skills. Reach out to small businesses and startups—they often need freelance writers.
Remember, quality over quantity will earn you a solid reputation in the long run. Now, go turn those wordy wonders into wealth!
17. Online Surveys
Curious about making a quick buck? Engaging in online surveys can be a fast money-making method just for you!
You don’t earn a huge amount per survey but when taking multiple surveys, it will add up fast.
Here are the top legit survey platforms:
Use your free time wisely. Take surveys during work breaks or leisure hours.
Redeem points for PayPal cash or gift cards.
18. YouTube Channel Building
Building a YouTube channel can be an interesting and rewarding venture.
It provides an incredible platform to share your content, express your creativity, and engage with a global audience. Whether you want to showcase your talents, teach something unique or simply entertain, having a YouTube channel opens up many opportunities.
Effective engagement with your audience is vital.
Last but not least, patience is something you will need in abundance. Building a successful YouTube channel takes time, so don’t lose hope if you’re not seeing immediate results.
Remember, there’s no limit to what you can achieve with your YouTube channel. It all comes down to how creatively you can use this platform to engage with your audience and grow your presence.
19. Bookkeeper
In our increasingly digital age, online bookkeepers are in high demand, with more businesses choosing to move their financial operations to the online platform. This shift in business operations has created a robust opportunity for those trained in bookkeeping to tap into the market and earn income while working from the comfort of their homes.
To be successful as web-based bookkeeper, you need to be well-organized and have previous experience dealing with numbers. However, even without a formal accounting education, individuals can take advantage of online learning platforms like Bookkeepers.com to learn and sharpen their bookkeeping skills for free.
Becoming a virtual bookkeeper is not just a fantastic full-time job opportunity; it’s also an excellent side hustle for women and mothers proficient with numbers. It provides flexible hours and allows the freedom to work from anywhere, making it ideal for those juggling multiple responsibilities.
The financial compensation for an online virtual bookkeeper is quite significant. On average, bookkeepers can earn at least $50000 a year helping business owners manage their finance and bookkeeping online.
20. Start a Dropshipping Store
Dropshipping is a viable option with low startup costs that lets you run an online store without handling any physical products.
There is still plenty of time to get into the dropshipping business.
Start by deciding what products to sell. Find a niche you’re passionate about for a higher chance of success.
Remember, a successful dropshipping venture involves effective marketing as well. So invest time and effort into perfecting your advertising tactics.
21. Do Clerical Work
Clerical work offers flexible, remote opportunities for women to make quick money.
With adequate admin experience and internet access, you can explore roles like Virtual Assistant, Online Data Entry Professional, or Court Transcriptionist.
This is one of the best non phone work from home jobs.
Experts tip: Perfection and punctuality are key. Attention to detail and meeting deadlines can make you stand out.
22. Resell Clothes
Reselling clothes online is a savvy way to turn your clutter into cash, especially if you love digging for hidden gems.
It’s a popular method for fast cash flow, with Poshmark and Facebook Marketplace being perfect platforms. One of my friends is very successful with this!
Begin with your own closet, and sell kids clothes they have outgrown too.
Reinvest your earnings, by buying second-hand clothing to resell can boost your profits.
Don’t forget quality. Run a quick check for authenticity and brand labels.
Visuals sell. Stage items and capture high-res photographs.
Providing a great customer experience is key, ensuring prompt shipping and maintaining politeness.
Play your cards right, you could earn anywhere between $100 to $1,000 a month or even reach a six-figure yearly income.
23. Do Home-Based Child Care
Home-based child care is a viable option to earn money, leveraging the natural maternal instincts and caregiving skills of many women. It can be a lucrative side hustle and a means to financial independence.
This is especially a great avenue to pursue when you are already at home raising your own children.
Make sure to follow any state regulations about running a daycare out of your home.
Begin by determining the number of children you can handle at a time, taking care not to overbook.
24. Podcasting
Podcasting is a wonderful opportunity for delivering narratives. It enables you to weave compelling stories while inspiring, instructing, or simply entertaining your listeners.
The unique format of podcasting lets you connect with your audience on a personal level. They listen to your voice, engage with your thoughts, and feel a stronger connection to you.
By starting a podcast, you are joining an increasingly popular trend, with the global number of podcast listeners has grown to 464.7 million listeners in 2022 (source).
Podcasting also opens up doors for networking and collaboration. You can invite experts, artists, or like-minded individuals as guests on your show, thus expanding your network.
There’s a potential to earn from podcasting. With affiliate marketing, sponsorships, and advertising, the commercial possibilities of podcasting are extensive.
25. Merch by Amazon
“Merch by Amazon” is a print-on-demand service that allows you to design and sell your merchandise.
It’s a great money-making alternative as it offers massive exposure and doesn’t require any upfront costs.
One of the significant advantages of using Merch by Amazon for passive income is that you are not required to maintain inventory or deal with shipping. Amazon handles these aspects, allowing you to focus on the creation process and customer satisfaction.
Amazon’s royalty system ensures that you get paid instantly whenever your merchandise is purchased. This allows you to earn money passively with every sale.
When your designs meet the current market trends and the preferences of your customers, they are more likely to be popular, leading to an increase in sales, hence, higher passive income.
26. Become an Influencer
Becoming an influencer is a smart, quick way for women to make money. While most people just stumble upon becoming an influencer, you can decide to pursue this avenue.
With earning potential that is unlimited, this opportunity is flourishing, requiring no specific degree or job experience.
Remember, platforms like TikTok, Instagram and YouTube reward new, engaging creators.
Dedication and consistency could lead you to major earnings where you make thousands for each post.
27. Work as a Translator
Having mastery in more than one language opens up a world of opportunities, particularly in the realm of translation services. The ability to translate language effectively and accurately is a skill that’s in high demand in the current globalized world.
A top benefit of being a freelance online translator is the flexible work environment. You have the freedom to choose when, where, and how much you want to work. This flexibility for work-life balance is more appealing now than ever, especially in the unsteady job market.
Freelance translators also have access to a wider client base. Unlike full-time translators who work for specific organizations or agencies, freelance translators can work with various clients from all over the world, widening their potential income streams.
The need for translators is projected to grow substantially. In the United States alone, the U.S. Bureau of Labor Statistics reports that employment for interpreters and translators will increase by 20% from 2021 through 2031, which is much faster than the average for all occupations.
Among other freelance professions, translation can often provide a more stable income.
As most sectors including education, legal, business, medical, and technological firms continue to globalize, they regularly need translators to bridge the language gap, making freelance translation services a steady income source.
31. Become a Flipper
Becoming a flipper is a high-return, low-investment way to make money fast. It involves buying low and selling high, perfect for those wanting a profitable side hustle.
Here are actionable steps to kickstart your flipping journey:
Identify items to flip: Popular options include toys, clothes, electronics, books, and furniture. Pro-tip: Sell things you have around your house to start risk free.
Choose a selling platform: Sell locally via Facebook groups or Craigslist, use reselling apps like Decluttr, or open an online store on eBay.
Price it right: Pricing items competitively garners buyer interest and maximizes profit.
Learn more: Free webinars, like Flipper University and the Flea Market Flipper, offer insights for a successful flipping business.
Remember, flipping can be more than just a side hustle; it’s a potential full-time career.
32. Micro-Tasking
Micro-tasking offers a quick way for you to earn money by completing short and simple tasks.
As its popularity grows, so does the list of platforms where you can find micro-jobs. Here are the popular platforms.
This allows your the flexibility to work whenever you want. Plus no special skills or degrees are needed.
Just note… This is not a stable income source
Tips for Finding the Best Way for You to Make Money
As you can see, there are many different ways to make money fast as a woman.
You can find the best way for you by considering your skills, interests, and the amount of time you have available.
Here are some helpful tips to make sure you are earning money quickly.
1. Identify Your Skills and Offerings
You’re already gifted, let’s transform those skills into fast cash.
Make a list of your skills, passions, and expertise; you can tap into anything from programming to knitting.
That is where you want to start.
From personal experience, I can tell you it is way easier to work on a side hustle or business when you are passionate about the topic.
Remember, the digital world is your playground, so play, innovate and cash-in.
2. Research the Best Ways to Make Money
Now, that you know the skills and experience, look at the list above and determine which ones match up.
You will need to spend time watching a free webinar to learn more.
Compare different money-making ideas. From part-time jobs to freelancing, there’s a plethora of options. You need to pick what works best for you.
Remember, generating a consistent income requires effective strategies and the right mindset. So choose wisely!
3. Try Different Ways to Make Money – Not Just 9-5 Jobs
It’s vital to explore different money-making strategies as a woman for financial stability and independence.
Just because one avenue didn’t work out doesn’t mean you should throw in the towel.
Remember, the key to success is perseverance, so pick something you’re passionate about and stick to it. Try not to jump from one idea to another out of impatience; success takes time.
Also, as your revenue increases, start building a lifestyle business for passive income.
4. Focus on the Things You Are Good at
Unlock your financial potential by recognizing and utilizing things you’re excellent at.
To cash in fast:
Identify your standout skills. These could range from writing, fine arts, math, e-commerce to digital marketing or even passions such as sports and hobbies.
Assess the viability of earning via your skills. Research shows that the digital economy is filled with opportunities.
Exploit platforms that cater to your expertise. For freelance gigs, you can try platforms like Upwork, Fiverr, or Guru.
There are so many ways to make money online as a beginner. So, indulge in the digital playground, embrace exploration and innovation, and let your skills earn for you.
5. Find Opportunities That Allow You to Work Flexibly
You can choose when to work and when not to, rather than being constrained by a 9 to 5 workday. The flexibility to create your schedule means you can operate at your most productive times, whether that’s early in the morning or late at night.
Working from home or any location across the globe enables a better work-life balance, reducing stress and improving productivity. This is particularly beneficial for those who have families or are committed to other obligations.
When working for yourself, you may have the potential to earn more than traditional salaried roles.
Lastly, making a living from your passion is huge!
You are being paid to do what you love anywhere, anytime which is rare and precious.
6. Consider Specializing in a Niche Subject
Specializing in a niche subject can elevate your earning potential quickly, owing to smaller competition and a personalized audience.
Being a subject matter expert in a specific area can provide you with an edge over your competitors.
Specializing in a niche can help you stand out and garner a dedicated audience, ultimately leading to faster earnings.
Remember, the key to making money faster in your specialized area is persistence and patience. It may take time to build a strong following, but once you do, the financial rewards can be substantial.
Stick to your chosen area, continuously learn and improve, and consistently deliver high-quality content to make your mark in your chosen niche.
7. Take Advantage of Trending Opportunities
Jumping on trending opportunities can be a gold mine, especially for women who want to make money fast from home. These ever-evolving trends tap into various skill sets, interests, and experiences, potentially translating into a lucrative gig.
For many, it may have been TikTok when the company first started.
Remember, the digital world holds limitless potential. Just needing to innovate and execute your ideas!
8. Invest in the Right Tools and Equipment
The key to making money, either online or offline, is making an informed investment of your time into the right tools, equipment, and learning resources.
While this can initially seem like an expenditure rather than a money-making step, it is, in fact, a cornerstone of your financial growth strategy.
Investing time in learning and increasing your knowledge base is vital. This could mean spending your time reading about new insights in your area of work, attending webinars, or enrolling in online courses. The ROI of this proactive learning is immense.
Consider this an opportunity or a catalyst that speeds up your journey toward substantial income generation and financial freedom.
9. Commit to Consistent Efforts
Commitment to consistent efforts is the cornerstone of any successful endeavor, more so when running your own side hustle.
One of the fundamental principles for making money is the dedication to keep improving your craft, always learning, and always evolving.
This continual effort involves a long-term commitment to staying updated with the latest writing trends, styles, and industry standards.
With persistence and patience, the fruition of your investments will lead you toward the fulfillment of your financial dreams.
10. Utilize Social Media Platforms to Promote Your Business
Social media platforms are powerful tools for business promotion, and when used strategically, they can lead to fast monetary gains.
Understanding how to effectively utilize these platforms can drastically enhance your chances of making quick bucks.
Start by creating a robust online presence for your business on various social media platforms. Remember, consistency is key to building your brand.
Engage with your audience frequently and respond to their comments. This boosts engagement on your posts.
Post content that is engaging, relevant, and aligns with your business values.
Always monitor your performance using social media analytics to understand what works best for your audience.
Which side hustles for women have you tried?
Personally, here are the side hustles I have done or currently do:
Stock Trading as a swing trader
Online Content Creation
Social Media Influencer
Online Consulting
Pet Sitting or House Sitting
Teaching Dance Lessons
Personal Organizer
However, I know many people that have tried the ones listed above.
So ladies, which of these enticing hustles appeals to your skills and schedule the most?
FAQ
Stay-at-home moms have numerous opportunities to earn money from the comfort of their homes. Plus being able to bump up your household income while juggling parenthood is the perfect combination.
Find the best jobs for moms specifically!
Any of these opportunities requires dedication and consistent effort, but with time they can all yield substantial returns.
Thankfully, there are many ways for women to make money online.
Above we covered all of the interesting ways and many are online.
Remember, opt for an avenue that suits your skills, interests, and time availability.
Well. the answer to this will depend on who you speak with.
Personally, I find ways to build passive income with your side hustle as the best option. Then you aren’t trading your time for money.
As a woman, many opportunities are right at your fingertips. The most popular and profitable include:
Start a blog: With consistent readership, you can make thousands from ad revenue and sponsored content.
Virtual assistant: Services can fetch around $10-30/hour.
Social Media Management: Businesses are willing to pay up to $1000-2000 per month for proficient managers.
Bookkeeping: On average, freelance bookkeepers earn around $34/hour.
Selling products online: Sites like Etsy, Amazon FBA, or your own platform can earn you a substantial income with a successful shop.
Trading Stocks or Options: by improving your investing knowledge, you can quickly increase your net worth.
Remember – it all starts with a step. Your side hustle could turn into a full-time passion!
This is How to Make Money from Home as a Woman
In conclusion, as a woman, there are plenty of genius and fast ways for you to make money.
The article underlines the significance of grabbing the reins of your financial future.
Through the strategies shared – including investing in stocks, working from home, or using budgeting hacks, you can boost your income significantly.
One of the concepts, I’m big on is making sure you know how to make your money work for you.
With wise decisions and being open to possibilities, your financial independence is within reach.
Remember – the ball is in your court, so make sure to take that shot and score your financial goals. It’s high time to cash in on your potential!
Know someone else that needs this, too? Then, please share!!
Whether you’ve stockpiled them over the years or are just on the hunt for an innovative way to redefine your space, rugs might be the most versatile and underused weapons in the interior design toolkit. Read on to learn how you can unlock the full potential of your rental with a little help from the lowly, humble rug.
Upgrade your upholstery
Not all rugs are created equal. But the comfortable ones are great for repurposing into a chair or ottoman upholstery. If you’re working with a more durable fabric, think about reupholstering something like an ottoman. If the material is more comfortable and luxurious, think about applying it to a chair or barstool.
Be aware, that some fabrics will be easier to work with on a larger-scale project like this. If you’re a novice DIY-er or simply looking for a little extra guidance, make sure you know what you’re doing or reach out to someone at your local hardware store. There are also a number of YouTube videos that will help you based on the specific project you have in mind.
Throw some shade
On a smaller scale, an old or currently unused rug can also be repurposed into a lampshade. This striking design choice will act as a statement and conversation piece. Beyond that, applying rug material to a lampshade is a practical way to dim an overbearing light. Less light will penetrate through the shade with the extra rug covering it up.
Respect the wood around your apartment
If you have a near-new rug that’s just lying around with no place to go, take on a fun DIY project and turn that rug into a matching set of placemats and coasters. Lay your rug face down and draw out your plan on the bottom beforehand. Then, you can make all of your cuts confidently and know that your finished product will turn out exactly as planned.
Note: Do not try this with an old and well-worn rug. Dinner guests may find this off-putting.
Create the headboard of your dreams
Fabric headboards have been in vogue for a while and there’s no sign of that changing anytime soon. Create your own custom headboard by repurposing a rug into a uniquely upholstered and artistically inspired headrest. What better way to sleep at night than under one of your creations?
This project, like the chair and ottoman mentioned above, may require an elevated level of handiness, but again, your local hardware store and YouTube are your best friend for these larger DIY projects.
Think beyond the floor
Whether a rug is handmade, factory produced or anything in between, if you find it as aesthetically pleasing as a piece of art, you should treat it that way. Don’t be afraid to reframe the way you think about rugs. Some rugs are meant for more than the floor. Some rugs, (pause for dramatic effect) are meant to be used as art and displayed on the wall.
Large or small, there’s no limitation to the ways in which you can approach displaying your rugs as art. If you have a blank wall and a great-looking rug either lying around or awaiting in an online shopping cart, now’s the time to bring that piece of art to its full glory. Display that beautiful rug on the wall and enjoy the compliments that come your way for your design savvy and ingenuity.
Center yourself
Few activities align more with the principles of yoga than creating your own yoga mat. Channel your inner-DIY expert and create your own at-home yoga mat out of a lightly used or new rug. A roll-up-size rug can be a great alternative to a traditional (and expensive) yoga mat.
Because rugs absorb moisture more than the average yoga mat, it’s best to limit the use of your rug yoga mat to just yourself. That said, if you’re looking for a home yoga mat that is always ready for you when you need it, consider a rug.
Note: Regardless of the condition of the rug when you start its transformation into a yoga mat, it will be worth giving it as thorough of a clean as possible before putting it to use.
Pamper your pet
One great way to put an older rug to use is to repurpose it as a bed for your pet. Cat, dog, ferret, bunny or anything in between, it doesn’t matter. Your pet will love cozying down on something that feels like “people furniture” to them.
Do you know how your pets love scratching the things they aren’t supposed to? Use that to your advantage and create a custom scratching post for your cat out of your used carpet. Your feline friend already loves tearing into the material, so why not give them a designated place to do so? Save the rug you love now and let the cat go to town on one that has already served its purpose for you.
Don’t brush these tips under the rug
Regardless of the exact aesthetic, you wish to achieve, if you are looking for a change of scenery that doesn’t involve packing up and moving to a new place, consider throwing a rug at the problem. Whether you’re reupholstering a chair, creating coasters for your breakfast nook table or making a throne fit for a king for your furry friend, a simple rug can accomplish it all without asking you to break the bank.
A native of the northern suburbs of Chicago, Carson made his way to the South to attend Wofford College where he received his BA in English. After working as a copywriter for a couple of boutique marketing agencies in South Carolina, he made the move to Atlanta and quickly joined the Rent. team as a content marketing coordinator. When he’s off the clock, you can find Carson reading in a park, hunting down a great cup of coffee or hanging out with his dogs.