When you’re struggling with debt, a little bit of help can go a long way — and a lot of help can go even further. But shopping around for debt relief assistance can be confusing. What, exactly, are these organizations offering?
Credit counseling organizations are generally non-profits that are dedicated to not only helping their clients get out of debt, but also creating a sustainable way forward with free or low-cost educational tools and resources. In other words, they’re more holistic about your financial situation, and they’re not in it for your money (though some may charge fees, usually relatively low, for their assistance).
Debt relief companies, on the other hand, are for-profit companies that charge you, often steeply, for the service of negotiating and settling your debt with your creditors or with collections agencies. In other words, they’re less about helping you get your money right and more about getting your money.
While both types of organizations can help you find relief from at least some of your debt, their motivations and structures are very different. Let’s take a closer look.
Debt Settlement vs Credit Counseling: What’s the Difference?
As mentioned, debt settlement is usually done by a for-profit debt settlement company that works to negotiate your debts with creditors or collections agencies for a fee. Not all creditors will negotiate with debt settlement companies, but if they will, you may be able to pay a lower overall amount. Keep in mind that it still may not immediately improve your credit score, and in some cases, may even make it worse (which we’ll discuss more in just a moment).
Credit counseling, on the other hand, is usually performed by financial professionals who work at non-profit credit counseling organizations. While they may help you create a debt management plan — potentially even one that might save you money — that’s not all they’re there to help you with.
Even if they don’t negotiate directly with your creditors, credit counselors can help you create or manage a budget, develop a sustainable plan to minimize debt over the long run, and give you access to low- or no-cost resources including workshops and educational materials. While they may assess a fee, it’s usually low, and they may also have options even if you can’t afford to pay them at all. 💡 Quick Tip: Swap high-interest debt for a lower-interest loan, and save money on your monthly payments. Find out why SoFi credit card consolidation loans are so popular.
How Does Debt Settlement Work?
Debt settlement companies are just that: companies charging you for the service of settling debts. However, since not all creditors will even work with debt settlement companies, they may not actually be able to save you any money. If they can, they’ll be charging you for their service. Their fees may be a lot higher than a credit counselor’s would be.
Pros of Debt Settlement
• Debt settlement might help you save money on very large debts. If a debt settlement company can successfully negotiate with your creditor, you may be able to get out of debt by paying far less than you would otherwise owe, so long as you can pay it as a lump sum.
• Legally, your money must remain under your control while you’re saving it. The debt settlement company may require you to save up the lump sum in a special account. But even if they do, those funds must remain under your control until they are used by the company to pay off your debt.
Cons of Debt Settlement
• Debt settlement is expensive. Even if the settlement is expensive, the company will charge you for their services, which eats into the amount you’re saving on your debts. Keep in mind that debt settlement companies are for-profit organizations.
• Debt settlers aren’t looking at the whole picture. While a credit counselor may be able to help you come up with a sustainable, holistic plan to manage your money going forward, debt settlers are focused only on, well, settling your debt. This means you could wind up in the exact same place in the future, if your financial habits don’t change.
• Debt settlement services might actually make your credit worse. Some debt settlement companies may tell you to stop paying your debt until they reach an agreement with the creditor, which could be negatively reflected in your credit score and history.
• Debt settlement doesn’t always work. Because some creditors won’t negotiate with debt settlement companies, using one may not actually save you any money. (Note: According to Federal Trade Commission rules , a debt settlement company can never charge you for their services before they’re successfully rendered. If you encounter a debt settlement firm that’s trying to take your money up front, you shouldn’t work with them.)
What Is Credit Counseling?
Credit counseling is very different from debt settlement: It’s a holistic approach to money management offered by expert financial planners and advisors at a low cost.
While helping you negotiate and potentially lower your debts with creditors is one potential service a credit counselor may offer (though they may also not), their main concern is getting you set up for a successful financial future in the long term.
Pros of Credit Counseling
• Credit counseling is built to be affordable. While credit counselors may charge a small fee for their services, they’re usually much lower than you’d pay for financial advice in any other context. Plus, no-cost options are often available for those with demonstrated need.
• Credit counseling can help you build a sustainable financial future — not just settle a debt. By giving you the knowledge and tools you need to create positive financial habits, credit counseling can help you make a lasting change, not just pay off a bill.
• Credit counseling can give you access to other educational opportunities and materials. Along with one-on-one credit counseling, these non-profit organizations may host community workshops and classes or provide you with free information.
Cons of Credit Counseling
• Credit counseling requires you to do some of the work. Although credit counselors will assist you along the way, you’re the one who has to create (and stick to) a budget and form positive credit habits.
How Can a Non-Profit Credit Counselor Help You?
By helping you form the long-lasting financial habits that can keep you out of debt or make it easier to follow your monthly budget, working with a credit counselor can change the shape of your financial future.
In short, think of debt settlement agencies as for-profit firefighters: They may be able to help you put out a blazing debt spiral in an emergency, but they’ll charge you for the privilege. Non-profit credit counselors, on the other hand, help you put out the fire and teach you how to keep your financial life flame-free, all for low or no cost.
What Is the Process of Working with a Non-Profit Credit Counselor?
When you sign up to work with a credit counselor, you’ll likely start with an initial consultation session, which may be in person, over the phone, or over a video conferencing service. This initial consultation will likely last about an hour and may include going over your budget and creating a debt management plan.
Depending on your needs, your counselor may recommend follow-up sessions, or may direct you to workshops and resources to help you DIY your own financial education.
What You Should Know About Debt Relief Companies
While both debt settlement companies and credit counseling agencies can help you get out of an immediate debt crisis, rebuilding your credit is always a time-consuming and work-intensive process that takes persistence and patience. A credit counselor can help you tackle that project with support.
Keep in mind that there are ways to tackle a debt spiral yourself, too, such as taking out a personal loan in order to consolidate multiple lines of credit or debts. 💡 Quick Tip: A low-interest personal loan from SoFi can help you consolidate your debts, lower your monthly payments, and get you out of debt sooner.
The Takeaway
Debt settlement is offered by for-profit companies that may charge steeply for their services — and might not even be able to help. Credit counseling, on the other hand, is a more holistic service offered by non-profit organizations that have your best interests and a firm financial future at heart.
Think twice before turning to high-interest credit cards. Consider a SoFi personal loan instead. SoFi offers competitive fixed rates and same-day funding. Checking your rate takes just a minute.
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FAQ
What is the difference between debt settlement and credit counseling?
Debt settlement is a service offered by for-profit companies who negotiate your debts with creditors and collections agencies for a fee, often a large one. Many creditors won’t work with debt settlement agencies, anyway, so they may not be able to help you in the first place. In addition, under Federal Trade Commission rule, they’re not allowed to charge their fee before their services are successfully rendered.
Is it better to consolidate or settle debt?
While everyone’s financial needs are different, consolidating your debt is a self-directed debt relief strategy that can help you build your credit and positive financial habits that’ll keep you in good standing. Debt settlement agencies are for-profit companies that may charge you steeply for the privilege of helping you negotiate your debt with creditors. They’re unlikely to get you a better deal than you would get by negotiating on your own.
How bad is debt settlement for your credit?
Many factors go into determining someone’s credit history, but debt settlement agencies may advise you to stop paying your bills until their negotiations are over. This can be bad for your credit history, though paying off large amounts of debt, especially debt in collections, can be positive for your credit history. It’s all about creating sustainable habits over the long run.
Photo credit: iStock/Delmaine Donson
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Mortgage rates finally caught a break last week after steadily rising throughout much of 2023.
The 30-year fixed fell about a half a percentage point in the matter of a week as softer economic data eased inflation concerns.
At the same time, the Fed left its key policy rate unchanged and signaled it could be done raising rates.
Now, investors are hoping the next policy move is a rate cut, as data is expected to continue to cool into 2024.
Taken together, that could mean a return to more palatable mortgage rates in 2024.
Lower Mortgage Rates Before the Presidential Election?
The president and CEO of the nation’s top mortgage lender, United Wholesale Mortgage (UWM), is bullish on mortgage rates next year.
During his monthly 3Points video, former college basketball player Mat Ishbia said he expects mortgage rates to drop before the election.
The election in question is the 2024 Presidential Election, which takes place on Tuesday November 5th, 2024.
“And I think it might even happen sooner like March, April, May,” he said in the video.
But how much lower will rates fall? Well, that’s another story, as a return to 3% mortgage rates likely isn’t in the cards.
Same goes for 4% rates, and maybe even 5% rates. However, that doesn’t mean smaller improvements can’t be impactful for the struggling mortgage industry.
“We’re talking about dropping to 5 and a half, 6, even 6 and a half,” he added. “And it’ll be a massive refi opportunity.”
It’s possible we’ll see a return of rate and term refinances if mortgage rates drop enough relative to the rates obtained by home buyers over the past year and change.
Assuming some of these borrowers took out high-7 or even 8% mortgage rates, there might be a case to be made if rates return to the low 6%s or high 5%s.
Generally, you want at least a 1% reduction in mortgage rate, though there isn’t a hard and fast refinance rule of thumb.
Lower Mortgage Rates Will Also Unlock Existing Housing Inventory
Ishbia also noted that beyond the refinance opportunity, there will be more inventory next year as interest rates fall.
“But beyond that, even more purchases, more inventory will open up.”
This speaks to the mortgage rate lock-in effect that has stifled the existing home market.
In short, homeowners with 3% mortgage rates have their hands tied, as moving to a new home at current prices with a 7 or 8% rate just doesn’t pencil.
But if rates come down to more reasonable levels, some of these homeowners will be financially able to sell and move, or will simply be OK with taking on a higher payment.
Rates aside, he believes home purchase lending volume will increase, referencing a recent Fannie Mae forecast.
Fannie expects 2024 home purchase loan origination volume to increase 10% to $1.44 trillion.
Meanwhile, they believe mortgage refinance volume will rebound to $456 million, nearly double the dismal $250 million anticipated for this year.
The refinance share is also expected to rise from around 16% this year to 24% next year.
There Is No Mortgage Rate Rescue Plan Coming…
Lastly, he dispelled the idea that some sort of mortgage rate rescue plan was going to materialize.
“That’s not going to happen.” We think the market is what the market is and that we’re going to see things happen as we’ve expected.”
About a month ago, industry groups including NAR and the Community Home Lenders of America lobbied Treasury Secretary Janet Yellen and Fed Chairman Jerome Powell.
They pointed out that mortgage rate spreads relative to the 10-year treasury yield had doubled in recent months.
Typically about 170 basis points, they have exceeded 300 bps for a while now, putting even more pressure on mortgage rates.
In a letter, the groups proposed a plan to allow Fannie Mae and Freddie Mac, on a temporary basis, to purchase their own mortgage-backed securities (MBS).
And/or purchase Ginnie Mae MBS (those backing FHA and VA loans) for a defined period of time.
Additionally, they called on the Federal Reserve to maintain its stable of MBS and suspend runoff until spreads normalized.
It seemed to fall flat as it would completely contradict recent action by the Fed to tackle inflation, which arguably was caused by an overly accommodative rate environment.
In a nutshell, the ultra-low mortgage rates were how we got into this mess to begin with, so lowering them again may actually do more harm than good.
Sure, there’s a happy medium in between 8% mortgage rates an 3% mortgage rates, and the hope is we’ll get back there in the next year or two.
But if rates come down too quickly, or fall too low, you’ve got the bidding wars again, unhealthy demand, and so on. That’s not good for anybody long-term.
California’s population of homeless veterans has plateaued despite billions of dollars in state spending to create housing for former military service members. Now, Gov. Gavin Newsom wants to shift the state’s resources to focus on veterans with serious mental health conditions.
$6.4 billion mental health bond he’s sending to voters in the March primary election, would set aside funding specifically for veterans with serious behavioral health conditions.
That’s a shift from California’s last two major efforts to fund housing for veterans, both of which created units for a general population of former military service members.
The first effort began in the late 1990s, when the state built seven new veterans’ homes over a period of 17 years. Today those veterans homes are underused. They were built to house about 2,400 people, but only 1,575 veterans live in them. The 300-unit veterans home in Barstow was so underutilized in 2020 that Newsom moved to close it as he braced for a pandemic recession, although lawmakers blocked him from shutting the site.
The second push centered on a pair of ballot measures voters approved in 2014 and in 2018 that allocated $4.6 billion to build housing specifically for former military service members. The money created the Veterans Housing and Homelessness Prevention Program, which has supported the construction of about 3,250 housing units for veterans to date.
Veterans advocates and state officials view the programs — along with federal efforts led by the Department of Veterans Affairs — as successful in reducing homelessness among former military service members. In the last 12 years, veteran homelessness in California has decreased by more than 30%.
But the trend in California mostly accounts for gains made during the Obama administration, when veteran homelessness peaked nationwide and the Department of Veterans Affairs moved aggressively to place former troops in housing. Since 2014, the number of homeless veterans in California has mostly plateaued around 10,000 to 12,000 people, according to annual counts released by the Department of Housing and Urban Development.
Alex Visotzky, senior California policy fellow at the National Alliance to End Homelessness, said the high numbers of veteran homelessness result from the challenges veterans face on returning home in California’s competitive housing market.
“When housing markets are unaffordable and incredibly competitive, those with the greatest needs are going to be more likely to fall out,” he said.
Newsom’s new strategy in the mental health bond, advocates say, should help those most in need. The California Department of Veterans Affairs estimates that half of the state’s unhoused veterans suffer from some kind of behavioral health issue.
The money in the bond would go to the state’s Department of Housing and Community Development, which would work with CalVet “to focus specifically on housing veterans experiencing behavioral health challenges,” said Assemblymember Jacqui Irwin, the Thousand Oaks Democrat who wrote the bill that ultimately put the bond on the ballot.
Studies have shown veterans are overrepresented in the nation’s homeless population. They may experience personal challenges, such as post-traumatic stress disorders or other mental health issues as well as disabilities related to their military service.
“Transitioning from that very specific culture and society to civilian life is a lifelong process,” said Amy Fairweather, director of policy at the veterans advocacy group Swords to Plowshares. “If you do have any physical or mental disabilities, dealing with those and trying to re-enter civilian life can be very difficult.”
Napa County as the state’s first veterans home. That site is still in operation, housing around 600 veterans on a picturesque property in wine country.
Altogether, the state now has eight veterans homes. The two largest homes are in fairly remote communities — one is in Napa County’s Yountville and the second is in Barstow in the Mojave Deserts. Moving to them can mean living at a long distance from a veteran’s family. That geography somewhat limits interest in the homes.
The homes account for the lion’s share of CalVet’s $650 million annual budget. Some advocates have called on the state to put money into programs that would benefit people who don’t necessarily want to live in a veterans home.
“The state should keep its promises to the current home residents, but as things change, the program needs to be less structured on just providing room and board for a very limited number of people and more structured on providing skilled nursing facility care for those who need it,” said Ethan Rarick, executive director at Little Hoover Commission, which published a report on the veterans homes in 2017.
Outside of the veterans homes, California approved a series of bonds meant to help military service members find housing beginning in 2008. The Veterans Bond Act, passed that year, provided $900 million to veterans through the CalVet Home Loans Program.
In 2014, California passed an initiative creating the Veterans Housing and Homelessness Program, which put $600 million toward building multi-family homes for veterans. A second ballot initiative in 2018 gave another $4 billion to the program.
The federal Department of Veterans Affairs, meanwhile, has kept up steady funding for housing vouchers that can provide a place to live for former troops. The Veterans Affairs Supportive Housing program, commonly known as HUD-VASH, was a centerpiece of the Bush and Obama administration’s efforts to curb veterans’ homelessness. It provides rental assistance to over 100,000 veterans nationally.
A steep drop in veteran homelessness
The number of homeless veterans in the U.S. peaked in the Great Recession, when the VA in 2007 reported some 154,000 former troops were homeless.
At that time, Fairweather of Swords to Plowshares said many of those deployed in the Iraq and Afghanistan wars were starting to come back home “to a society that wasn’t prepared for it.”
On top of that, they and older veterans struggled in the economic downturn, which led to more unemployment and homelessness.
“It all came together in a way that was really disadvantageous to the veterans,” she said.
Last year, the VA estimated about 33,000 veterans were homeless nationwide. According to the 2021 annual homelessness assessment report by the federal Department of Housing and Urban Development, more than half of them are over age 55. The data also shows that Black veterans are more likely to be homeless than veterans belonging to other races.
Advocates say veterans can be reluctant to ask for help.
“When veterans ultimately fall down that hole into homelessness, what is happening along with that is that they’re losing connection with friends and family, because they’re ashamed that their life is falling apart and it’s hard for them to ask for help,” said Stephen Peck, president of the veterans support organization U.S. Vets.
Tori Gibson, a veteran who has experienced homelessness, in San Francisco on Oct. 31, 2023. Photo by Felix Uribe for CalMatters
San Francisco native and Army veteran Latoya White has struggled to stay housed in the dozen years since she left the service. She has found it difficult to afford rent even though she was able to keep decent jobs at a grocery store, the San Francisco airport, and now as a city bus driver.
She was unfamiliar with the resources the VA offered to veterans, like housing vouchers.
“I’ve always had benefits through my job. I don’t think that then the VA had as many resources as they have now. I did go to the VA and they’re so limited on what they could help me with. So, you know, I just went and got a job and I just was really self sufficient,” she said.
After sleeping in her car and couchsurfing for several years, White reached out for help from the advocacy group Swords to Plowshares. That led her to transitional housing, and then to an apartment in San Francisco this June through the HUD-VASH program.
“A lot of us didn’t even know anything about the HUD-VASH program,” said White, 34. “A lot of veterans don’t even know that there is assistance out there for them.”
What does Newsom want to do?
Putting the money into the mental health bond comes with a tradeoff.
In advancing Newsom’s mental health plan, lawmakers amended an early version of Assemblymemer Irwin’s veterans’ housing bill that would have issued more bonds for the existing veterans’ housing program. Without new funding, the program that supports construction of multi-unit veterans’ housing is expected to run out of money in 2024.
Still, representatives for Newsom’s ballot measure in a written statement said the bond would create more capacity to help former troops.
“Proposition 1 adds new money for California’s most vulnerable veterans without any redirection or reprioritization from the current program. Without Proposition 1, there would be zero funding for homeless veteran housing moving forward, which is why the measure is so critically needed,” the statement read.
All together, the ballot measure going to voters includes $6.4 billion to fund projects for behavioral health issues and those at the risk of homelessness. It also includes a proposal to adjust how the state spends money it collects for mental health services from a tax on personal income over $1 million, aiming to direct more of the money to housing.
The $1 billion for veterans housing will be distributed in the form of loans and grants by the Department of Housing and Community Development.
Representatives from veterans’ groups say the program’s success could hinge on getting the word out, and providing services that provide a path out of homelessness.
At U.S. Vets, Peck said the nonprofit strives to create a community where veterans help veterans.
“Building that community is really important,” he said. “A federal veteran who’s been through the process already is probably more effective than we are as social workers.”
Gibson, who currently lives in transitional housing provided by Swords to Plowshares, has started to find that community through the nonprofit.
“I talked to them about how I’m struggling with some issues and they are pretty open and supportive about it,” she said.
Gibson hopes that federal and state services fund more community-oriented programs like hers, so more veterans are able to feel like they are home.
Supported by the California Health Care Foundation (CHCF), which works to ensure thatpeople have access to the care they need, when they need it, at a price they can afford. Visit www.chcf.org to learn more.
Phoenix, AZ, is known for its warm weather, vibrant art scene, and beautiful desert landscapes. The city is also home to numerous diverse neighborhoods, each with its own unique charm and appeal. Whether you’re looking for a charming community, a trendy urban enclave, or a peaceful suburban area, Phoenix offers something for everyone.
If you’re not sure where to start looking for a home to buy or an apartment for rent in Phoenix, look no further. At Redfin, we’ve compiled a list of 15 popular Phoenix neighborhoods to check out this year. Let’s jump in and see which neighborhood fits your lifestyle.
1. Ahwatukee Foothills
Ahwatukee Foothills is located in the southern part of Phoenix and offers a suburban feel with stunning mountain views. This neighborhood is known for its outdoor recreational activities, such as hiking and biking trails in South Mountain Park. Additionally, Ahwatukee Foothills is home to popular attractions like The Lost Ranch and Mountain Vista Park. The housing types in Ahwatukee Foothills range from single-family homes to townhouses, and the architectural styles include contemporary and Spanish influences.
Median Sale Price: $525,000
Average Rent 1-Bedroom Apartment: $1,821 | Average Rent 2-Bedroom Apartment: $1,773
Homes for Sale in Ahwatukee Foothills | Apartments for Rent in Ahwatukee Foothills
2. Alhambra
Alhambra has a convenient location, just north of downtown. Major attractions in the neighborhood include the Grand Canyon University and Phoenix Winter Wonderland. There are also several parks in the area, such as Cielito Park and Washington Park. The housing types in Alhambra vary, with options ranging from single-family homes to apartments. Architectural styles in the neighborhood include ranch-style homes, bungalows, and mid-century modern designs.
Median Sale Price: $368,350
Average Rent 1-Bedroom Apartment: $1,114 | Average Rent 2-Bedroom Apartment: $1,425
Homes for Sale in Alhambra | Apartments for Rent in Alhambra
3. Arcadia
Arcadia is a popular neighborhood for outdoor enthusiasts, with access to plenty of hiking trails, parks, and golf courses in the area. One of the historic places in Arcadia is Arizona Falls, a revitalized hydroelectric plant. Arcadia features a variety of housing types, including ranch-style homes and modern architecture. The homes often have a beautifully landscaped yards and lush greenery.
Median Sale Price: $1,350,000
Average Rent 1-Bedroom Apartment: $1,259 | Average Rent 2-Bedroom Apartment: $1,975
Homes for Sale in Arcadia | Apartments for Rent in Arcadia
4. Biltmore
Biltmore is known for its shopping, dining, and entertainment options. The neighborhood is surrounded by beautiful parks, including the nearby Piestewa Peak Park and the Phoenix Mountains Preserve. Additionally, Biltmore is rich in historic places, such as the Arizona Biltmore Hotel, a Frank Lloyd Wright-inspired landmark. Residences in Biltmore range from luxurious single-family homes to condos and apartments.
Median Sale Price: $850,000
Average Rent 1-Bedroom Apartment: $2,650 | Average Rent 2-Bedroom Apartment: $2,850
Homes for Sale in Biltmore | Apartments for Rent in Biltmore
5. Camelback East
Camelback East is located in the northeastern part of Phoenix, known for its beautiful views of Camelback Mountain. The neighborhood is home to several major attractions, including the iconic Biltmore Fashion Park and the Arizona Biltmore Resort. Outdoor enthusiasts can enjoy the nearby Echo Canyon Recreation Area and Piestewa Peak Park. Camelback East also has a rich history, with notable historic places such as the Tovrea Castle at Carraro Heights and the S’edav Va’aki Museum.
Camelback East offers a variety of housing types and architectural styles. You can find luxurious single-family homes, as well as stylish townhouses and condos. The neighborhood features a mix of modern and traditional architectural designs, ranging from contemporary condos to charming ranch-style houses.
Median Sale Price: $570,000
Average Rent 1-Bedroom Apartment: $1,325 | Average Rent 2-Bedroom Apartment: $1,692
Homes for Sale in Camelback East | Apartments for Rent in Camelback East
6. Central City
Central City is known for its vibrant atmosphere, with an array of shops, restaurants, and entertainment options. The neighborhood is also home to several major attractions, including the Arizona Capitol Museum and the Arizona Science Center. Central City is surrounded by numerous parks, such as Barrios Unidos Park and Margaret T. Hance Park, providing residents with ample outdoor recreational opportunities. In terms of historic places, Central City boasts iconic sites like the Rosson House Museum and the Orpheum Theatre. Central City features a mix of housing types, including single-family homes, townhomes, and apartments.
Median Sale Price: $382,500
Average Rent 1-Bedroom Apartment: $1,537 | Average Rent 2-Bedroom Apartment: $2,172
Homes for Sale in Central City | Apartments for Rent in Central City
7. Deer Valley
With gorgeous mountain views set against a desert landscape, Deer Valley has a great blend of residential spaces and natural areas. This neighborhood is home to several major attractions, including the Deer Valley Petroglyph Reserve, a popular destination for hiking and exploring ancient petroglyphs. Residents of Deer Valley also enjoy easy access to outdoor recreational opportunities at the nearby Thunderbird Conservation Park.
Deer Valley offers a variety of housing types, ranging from single-family homes to townhouses and condos. Architectural styles in this neighborhood vary, with a mix of modern designs and traditional Southwest influences.
Median Sale Price: $430,000
Average Rent 1-Bedroom Apartment: $1,615 | Average Rent 2-Bedroom Apartment: $1,651
Homes for Sale in Deer Valley | Apartments for Rent in Deer Valley
8. Desert Ridge
Located in northwest Phoenix, Desert Ridge is a popular neighborhood for shopping, particularly along High Street. Major attractions include the Desert Ridge Marketplace, a sprawling outdoor mall with a wide range of shops, restaurants, and a movie theater. The neighborhood also has numerous parks and green spaces, including the scenic Cashman Park.
Desert Ridge offers a diverse range of housing types, from luxurious single-family homes to modern condos and townhouses. Architectural styles in the neighborhood vary, with options ranging from contemporary designs to Mediterranean-inspired villas.
Median Sale Price: $745,800
Average Rent 1-Bedroom Apartment: $1,744 | Average Rent 2-Bedroom Apartment: $2,427
Homes for Sale in Desert Ridge | Apartments for Rent in Desert Ridge
9. Downtown
Downtown is located in the heart of the Central City, and has a vibrant atmosphere and bustling city life. Some major attractions in Downtown include Footprint Center, which hosts the Phoenix Suns and various concerts, Chase Field, home to the Arizona Diamondbacks, and Crescent Ballroom. Residents can also enjoy various parks such as Margaret T. Hance Park and Civic Space Park. Additionally, Downtown is home to historic places like the Orpheum Theatre and the Rosson House Museum. The housing types in Downtown vary from modern high-rise condos to historic loft-style apartments.
Median Sale Price: $481,000
Average Rent 1-Bedroom Apartment: $1,707 | Average Rent 2-Bedroom Apartment: $2,396
Homes for Sale in Downtown | Apartments for Rent in Downtown
10. Maryvale
Maryvale offers easy access to major attractions such as spring training sites like Camelback Ranch and American Family Fields of Phoenix. Residents can also enjoy spending time in the nearby Marivue Park and El Oso Park, which provide green spaces for recreational activities. Maryvale features a mix of housing types, including single-family homes and apartment complexes. Architectural styles in the neighborhood range from traditional ranch-style homes to modern designs.
Median Sale Price: $344,950
Average Rent 1-Bedroom Apartment: $1,269 |Average Rent 2-Bedroom Apartment: $1,487
Homes for Sale in Maryvale | Apartments for Rent in Maryvale
11. Moon Valley
Moon Valley is known for its scenic mountain views and lush green golf courses. The neighborhood is home to Moon Valley Park, which offers playgrounds, picnic areas, and walking trails. Other attractions include the Moon Valley Country Club and the Moon Valley Nurseries. Moon Valley consists primarily of single-family homes with a mix of architectural styles including mid-century modern and ranch.
Median Sale Price: $740,000
Homes for Sale in Moon Valley | Apartments for Rent in Moon Valley
12. North Gateway
North Gateway is located at the northern end of Phoenix and is in close proximity to outdoor activities such as hiking and biking trails like the Desert Hills Trailhead. The neighborhood is also home to Pioneer Arizona Living History Museum. North Gateway offers a mix of housing types including single-family homes, townhouses, and apartments. The architectural styles in the neighborhood range from modern to traditional, providing a large selection for residents.
Median Sale Price: $637,500
Average Rent 1-Bedroom Apartment: $1,572 | Average Rent 2-Bedroom Apartment: $2,161
Homes for Sale in North Gateway | Apartments for Rent in North Gateway
13. North Mountain
North Mountain is located in Phoenix and is known for its beautiful mountain views and outdoor recreation opportunities. The neighborhood is home to North Mountain Park, a popular destination for hiking and picnicking. Historic points of interest in the area include the Martin Auto Museum and Event Center. Housing in North Mountain consists of a mix of single-family homes and apartments – styles range from modern stucco houses to mid-century ranch homes.
Median Sale Price: $389,700
Average Rent 1-Bedroom Apartment: $1,187 | Average Rent 2-Bedroom Apartment: $1,420
Homes for Sale in North Mountain | Apartments for Rent in North Mountain
14. Roosevelt Row Arts District (RoRo)
The Roosevelt Row Arts District, also known as RoRo, is located in the heart of downtown Phoenix. It’s known for its vibrant arts and culture scene, with numerous galleries, art studios, and street murals. The neighborhood is also home to First Friday, a popular monthly art walk, and hosts various festivals and events throughout the year. RoRo is surrounded by restaurants, bars, and shops, making it a lively and bustling area to live and visit.
The housing options in Roosevelt Row Arts District include a mix of historic bungalows, modern lofts, and contemporary condos. The architectural styles range from adobe-style homes to sleek, urban designs, reflecting the neighborhood’s eclectic atmosphere.
Median Sale Price: $600,000
Average Rent 1-Bedroom Apartment: $997
Homes for Sale in Roosevelt Row Arts District | Apartments for Rent in Roosevelt Row Arts District
15. Sunnyslope
Sunnyslope is in northern Phoenix. The neighborhood is home to plenty of local restaurants, shops, and parks. It’s also close to Phoenix Mountains Preserve, where you’ll find lots of hiking trails and cacti. Sunnyslope offers a variety of housing options, including single-family homes and townhouses. Architectural styles in the neighborhood range from mid-century modern to ranch-style homes.
Median Sale Price: $345,000
Average Rent 1-Bedroom Apartment: $1,225 | Average Rent 2-Bedroom Apartment: $1,315
Homes for Sale in Sunnyslope | Apartments for Rent in Sunnyslope
Methodology: All neighborhoods must be listed as a “neighborhood” on Redfin.com. Median home sale price data from the Redfin Data Center during September 2023. Average rental data from Rent.com during September 2023.
Inside: Are you unsure about how much to tip your valet? This guide will help you understand valet parking tips and the dollar amount for tipping at hotels and restaurants.
Navigating the ins and outs of tipping etiquette can be daunting, particularly when it comes to highly personalized services such as valet at five-star hotels.
You certainly want to show appreciation and respect for the quality service they provide, while inherently being cognizant of not going over the top. From the length of your stay to the level of service rendered, the cost of parking, and even the locale, several factors can sway this figure.
Parking can be a hassle, and that’s where valets step in. They’ve got your back, navigating tight spaces and dodging traffic to park your vehicle. But what do you owe them in return for their hard work and risk?
Honestly, this is a similar question of wondering how much to give for high school graduation.
This guide dissects the intricacies surrounding valet tipping, helping you confidently reward exceptional services without breaking any unwritten societal norms.
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.
How much should you be tipping your valet?
The rule of thumb for tipping valets is $3 to $5 when dropping off and picking up your vehicle.
This is your baseline, but don’t hesitate to scale up if your driver impresses you with their service. If you’re staying at a place just for a night, a tip of $5 to $10 is seen as appropriate. For multiple nights, you may tip more generously on your first and last night.
Always remember, that your generosity reflects the level of service you’ve received.
The average tipping amount will vary in areas like New York City, Boston, Chicago, anywhere in California, or even Aspen, Colorado as these areas demand a higher tip.
What is proper etiquette for tipping valet?
Proper etiquette for tipping valet is about communication, patience, and gratitude. Ease into the drop-off zone without creating chaos, let your valet know about any special needs or quirks about your car, and stay patient. Afterward, express your thanks with a tip.
Yes, that means you need to have cash on hand.
It’s no crime to ask your valet what’s common for a tip if you’re not sure. This opens up a dialogue and they’ll understand you’re considering their efforts. Whether you tip before or after is wholly your call, but keep in mind that a tip at the start might earn you that extra mile of service.
Be generous, but fair. If you’re pulling up in a more luxurious car, consider a higher tip. The value of your vehicle is a good indicator of your tipping ability.
That said, only tip if you want to and think the service merits it. If your experience was less than satisfactory, bring it up to management instead of slipping a bill. Not tipping isn’t rudeness on your part if the service didn’t meet your standards. But if it did, good etiquette is acknowledging that quality service with a tip.
Valet Parking 101
Valet parking is an efficient service often offered in high-end restaurants and accommodations, providing a hassle-free parking experience, especially in areas that are limited in parking space.
The basics to avail of these services is to drive into the drop-off zone and hand over your vehicle to the attendant, ensuring you’ve removed any personal items and communicated any particularities about the car.
Valet parking etiquette isn’t complex. However, if you are well prepared, it makes the experience more delightful.
Be Alert at Drop-off. Drive with care into the drop-off zone and follow any directions from the valet. Don’t be in a hurry!
Prepare Your Vehicle. Have your car ready for valet parking by removing all personal and valuable items before arrival.
Communicate. Brief the valet about your vehicle’s quirks and intricacies, like touchy brakes or an alarm system.
Show Patience. Give the valet time to park, retrieve, and return your vehicle. They could be overwhelmed with multiple tasks during peak hours, so don’t rush them.
Show Gratitude. Beyond tipping your valet, express your gratitude verbally. A simple ‘please’ and ‘thank you’ can make their day.
Keep the Ticket Safe. You don’t want to hold up the process because you misplaced the claim ticket.
Respect the Flow. Respect the orderliness at the vehicle drop-off zone. The valets have an efficient system for quick drop-offs and pick-ups.
Prep for the Evening. Make sure you have everything you need for your event or stay. The valet can retrieve items from your car, but it’s best to avoid extra trips.
Remember, these simple considerations can greatly affect the smoothness of your valet experience.
An important note – if the driver who retrieves your car is not the same one you gave it to, you might want to tip both.
To Tip or Not To Tip? The Valet Parking Conundrum
With tip-flation out of control in the United States, you may be wondering if tipping your valid is worth it.
Sometimes, tipping can get situational. Let’s consider times when you might tweak the ‘usual’ amounts.
If you’re arriving during peak hours or on a busy weekend, tip more generously. Your valet is juggling a higher volume of cars and more stress, so your tip is a recognition of that hard work. On the other hand, slower hours might warrant a more modest tip.
Your vehicle type should also influence your tip. Driving a luxury or high-end car? That’s a premium charge for your valet, too. Running a more modest set of wheels doesn’t demand the same generosity.
Did your valet go above and beyond? Offering assistance with bags, driving directions or just a friendly demeanor might earn them a little extra.
Forget something in your car? Ask your valet to bring it back, but remember to compensate for their time. If you’re accessing your vehicle multiple times in a single day, consider an additional tip for the added service.
And finally, if you want to ensure your car gets a prime spot, or preferential service, tipping more upfront can help.
All in all, pay attention to how much to tip a valet given the situation. Tip when you feel the service warrants it and remember, it’s not just about the money – the thought counts too!
Should service quality affect your tip?
Absolutely! Service quality is a big factor in how much to tip a valet. Just like you might adjust a restaurant tip based on service quality, you should do the same with valet parking.
For example, if the valet is unfriendly, rude, or handles your vehicle poorly, they shouldn’t expect a hefty tip. At its core, the tip signifies gratitude for good service. Do keep in mind that errors happen, though. If a mishap occurs, such as a delay or a minor mistake, consider informing the manager rather than taking it out on the tip.
Conversely, if your valet provides outstanding service, they should be rewarded appropriately. So, if they treat your vehicle with care, offer assistance with luggage, close your trunk, or provide useful information about the locale, you might want to tip more.
Remember: Adjusting your tip based on the quality of service is not being stingy or overly generous; it’s fair compensation for service rendered.
Do you tip valet before or after?
Tipping before or after for valet service is rather circumstantial and both have their merits.
Tipping upfront might ensure your valet goes the extra mile for you.
Whereas, tipping at the end allows you to assess the service quality first.
The choice is entirely up to your discretion and how you feel about the service!
The misconception is you can get away with not tipping at all.
How much do you tip a valet at a hotel?
The standard courtesy tip for a hotel valet hovers around $5 per car. But hold on, as these aren’t hard-set.
Staying the night? Then consider a tip of $5 to $10; more if it’s for multiple nights.
Meanwhile, high-end hotels usually see higher tip values. A $5 to $10 tip per vehicle is considered suitable given the upscale services rendered.
Remember, the situation might vary depending on a gazillion factors like the destination, hotel class, length of stay, and level of service received. So equip yourself with a tipping strategy best suited for your specific scenario.
When they retrieve your car after your meal, how much should the valet parking tip be?
The baseline remains the same, you’re looking at a minimum of $3 to $5 per car.
But say the meal was special, the night was beautiful, or maybe you’re just in a good mood. Feel free to upgrade a little more to that tip. After all, it’s a token of appreciation for the valet who’s been managing your car while you dined in comfort.
In contrast, suppose their service was not up to your expectations. Maybe they made you wait too long or were discourteous. You then have a valid reason to tip less.
What if you don’t have enough cash?
If you are like me and find yourself without enough cash, there are still a few options to consider.
Ask if their valet services allow tipping through a credit or debit card or even Venmo, although cash is generally preferred.
Give a larger dollar bill when you are leaving the restaurant or checking out of the hotel.
When trying to determine how much cash should I have in my wallet, remember what you may need for tipping your valet.
Regardless, it’s always a good idea to keep some cash on hand for gratuities, to avoid inconvenience or potential embarrassment.
Hospitality Valet Expert Speaks
Jorge, a seasoned valet from the Grand Hyatt Vail, shared some fascinating insights into his job.
Despite the physical demands, Jorge takes pride in delivering exceptional service, swiftly handling numerous vehicles, and making guests’ transitions as smooth as possible. He underlined that gratuity is a crucial appreciation of this labor-intensive service.
Much like the data-driven research suggests, Jorge finds that guests who tip considerably when dropping their car off often get retrieval of faster service.
Also, he noted that tips are shared each day among the valets. This was to ensure there wasn’t favoritism and that all guests received the same service.
Why tip valets?
Valets offer a luxury service. They work hard to save you the hassle of parking, allow you to directly access your venue of choice, and take care of your vehicle in the process.
Valets are also part of the service industry, which means their income often depends heavily on the tips they receive. They brave the elements, handle the stress of navigating unaccustomed vehicles through tight spots, and often do so with a smile on their faces.
Not to mention, they’re on their feet for entire shifts, often dealing with demanding clientele and long working hours. By tipping your valet, you show appreciation for their hard work and encourage them to keep up the high level of service.
Why not show your gratitude with a few extra bucks? It’s a small price to pay for convenience and quality service. So, the next time you pull up to the drop-off zone, remember, your valet deserves that tip.
What do valets expect?
Valets, like other service industry professionals, expect respect and decent compensation for their hard work. This not only includes a fair hourly wage but also tips for the service they provide.
Valets typically expect a tip of around $3 to $5 per vehicle, although this can vary based on location, type of establishment, and how busy it is. In upscale areas, tips can range from $5 to $10 per car.
Additionally, valets appreciate when customers are understanding and patient, especially during peak hours. They also value clear communication about any special requirements or characteristics of your vehicle.
What’s considered a “good” tip?
A “good” tip for a valet typically starts at $5 per vehicle. This is generally considered the norm at most establishments.
However, a “good” tip can depend on several factors, like the establishment and service quality. At high-end hotels or restaurants, or in more upscale locations, a “good” tip might start around $10 or even $15.
With that in mind, treat your personable, hard-working valets to a good tip when they provide a great service. After all, a good tip results in good karma!
FAQs
Yes, you should still tip even if the valet service is complimentary. The valet is parking your car, often in the tight valet lot. Their service saves you time and stress, and that’s worth a tip.
Remember, many valets earn a small hourly base pay and rely heavily on tips. Their pay may not correlate with the price you pay or don’t pay, for the service.
A $20 tip for valet is usually seen as generous. It’s well above the typical range of $3 to $5. However, if you feel the service was exceptional, you have a high-end vehicle, or if the valet went above and beyond, such a tip could be appropriate.
Tipping valets at 5-star hotels usually follow a higher standard. Considering the upscale locale and high level of service, a good starting point is around $5 to $10 per vehicle. So, yes, $20 is a good tip for valet.
Furthermore, if the service exceeded your expectations, or if the valet provided additional help like carrying your baggage, a tip on the more generous side might be appropriate
Now, How Much to Tip Valet Driver?
In the United States, tipping is very much a part of our culture and how many people make their living.
Tipping valet can seem intricate, but it’s straightforward once you know the ground rules: anticipate, be kind, respect the service, and tip accordingly. It all comes down to recognition of the efforts your valet puts in to make your experience easier and classier.
The takeaways are the general tip range ($3 to $5).
However, you need to base your tip on the type of establishment, time of day, and quality of service. Be aware of the situation and tip accordingly. But, above all, remember to appreciate good service and acknowledge it accordingly.
Now, be careful, you need to know how much cash can you fly with.
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Going to college or graduate school is a serious investment in your future — both professionally and financially. Naturally, you’ll want to know how much financial aid you’re eligible for, including student loans, grants, and work-study programs.
The amount of federal aid that prospective and current students receive is based on a variety of factors, and everyone’s financial situation is unique. But familiarizing yourself with the following requirements and questions can help paint a clearer picture of how much FAFSA money you will get.
What Are the Eligibility Requirements?
Many incoming and current college and graduate students are eligible for federal aid. Students must satisfy the following criteria to apply:
• Be a U.S. citizen, national, or eligible noncitizen
• Have a valid Social Security number, unless you’re from the Federated States of Micronesia, Republic of the Marshall Islands, or the Republic of Palau
• Have a high school diploma or GED
• Promise to use awarded federal aid for education purposes only
• Do not owe refunds on any federal student grants
How Do I Begin the FAFSA?
The first step to completing the FAFSA is creating your FSA user ID and password. From there, you’ll answer a series of questions covering demographic information, schools you are interested in attending, financial details, and information from parents or guardians based on dependency status.
Filling out the FAFSA may feel intimidating, but a little preparation can save you from common FAFSA mistakes, like leaving important fields blank.
What Factors Affect FAFSA Money?
The application includes questions about demographics and finances for students and sometimes their families to answer. Collectively, this information will determine how much need-based and non-need-based aid students qualify for.
Applying for the FAFSA Every Year of School and on Time
Filling out the FAFSA is not a one-time deal. Students must file the FAFSA each year they are enrolled in college or graduate school. Yet approximately 40% of high school seniors do not fill out the FAFSA, and a quarter of college and graduate students do not renew their application after their first year of studies.
There are several important FAFSA deadlines to be aware of. The federal deadline for the 2023-2024 academic year (this includes students beginning school in winter or spring 2024) is June 30, 2024. For the 2024-2025 academic year, students can submit the FAFSA once it opens in December 2023.
State deadlines vary, and many precede the federal deadline by one or several months. Applying early can increase your chance of receiving additional financial aid from your home state in the form of grants or scholarships.
Dependency Status
An applicant’s dependency status is determined by 10 questions found at StudentAid.gov/dependency. Even if your parents claim you as a dependent for tax purposes, you may still qualify as an independent for federal financial aid. You most likely qualify for independent status if you meet any of the following requirements when filling out the FAFSA:
• At least 24 years old
• Married
• A graduate or professional student (law, medicine, etc.)
• A veteran or active member of the armed forces
• An orphan, ward of the court, or emancipated minor
• Claiming legal dependents other than a spouse
• Homeless or at risk of becoming homeless
Your dependency status affects how much financial aid you’re eligible to receive. In many cases, independent students can be eligible for more financial aid, as they are assumed to be paying their own tuition and living expenses.
Still, dependent students may be eligible for a variety of financial aid opportunities from federal or state governments and colleges through the FAFSA. Most incoming and current undergraduate students are considered dependent. This means that information from parents or guardians, such as tax returns, must be submitted and will affect whether financial aid is awarded and how much.
In special circumstances, students may file for a dependency override. These are awarded case by case, and are typically reserved for students facing exceptional family-related issues or whose parents are unwilling to provide information for the FAFSA.
Expected Family Contribution
Expected Family Contribution, or EFC, primarily applies to dependent students. The EFC calculates eligibility and aid based on several financial and demographic indicators, including:
• A family’s taxed and untaxed income
• A family’s assets and benefits (unemployment and Social Security, for example)
• Family size and number of dependents enrolled in or likely to attend college
This calculation determines need-based and non-need-based aid eligibility and amount, rather than a figure a family is expected to pay toward education. Typically, a lower EFC translates to greater financial aid eligibility as a result of higher need.
Starting with the 2024-2025 school year, the EFC will be replaced by the Student Aid Index, or SAI. It fulfills the same basic purpose but works a little differently. You can learn more about the upcoming Student Aid Index here.
Cost of Attendance
Education costs can vary considerably based on merit-based scholarships, in-state vs. out-of-state residency, and other factors. The amount of FAFSA money you receive will also depend on the cost of attendance for your chosen college or university.
The cost of attendance encompasses tuition, fees, room and board, books and school supplies, and expenses associated with child care or disabilities, if applicable. A lower cost of attendance usually translates to less aid, because the funding can be used only for education purposes.
Not sure where you want to apply? Our College Search tool can help.
How Much Money Will I Get From FAFSA?
The amount of FAFSA money you receive cannot exceed the cost of attendance for your chosen college or university.
Before applying, the Federal Student Aid Estimator is a useful tool to estimate the amount of federal student aid you may qualify for.
Assuming that you meet the eligibility criteria and are applying on time, you may receive some form of federal financial aid, especially if your EFC is less than your cost of attendance. Potential sources of federal student aid include the following programs:
Grants
Unlike loans, grants are free money to put toward your education that does not have to be paid back. After completing the FAFSA, students with proven financial need may receive aid in the form of a Federal Supplemental Educational Opportunity Grant or Pell Grant. Opportunity grants are allocated based on need, other aid awarded, and college budgets. Pell Grants change annually but can be as high as $7,395 for the 2023-2024 academic year.
Work-Study
Federal work-study programs typically involve a part-time job on or off campus. Wages are set by the college but must meet minimum-wage requirements. Work-study schedules are intended to be structured around students’ classes.
Federal Loans
Eligibility for federal student loans is generally broader than for grants and work-study programs. Federal loans are either subsidized or unsubsidized, with subsidized loans being need-based and including interest deferment and grace periods. On the other hand, unsubsidized loans begin accruing interest as soon as they are paid out to borrowers.
Different types of federal student loans exist, and each has a maximum award amount according to dependency status and year of study. Dependent undergraduate students have an aggregate loan limit of $31,000. Independent undergraduates can take out $57,500, and graduate students can borrow up to $138,500.
How Else Can I Pay for College?
If financial aid isn’t enough to cover your tuition and other education expenses, there are ways to make college more affordable.
Scholarships and Grants
Besides scholarships granted by your chosen college, there are opportunities offered by private foundations, community groups, and nonprofit organizations. Awards can be given based on academic merit, need, field of study, or participation in a specific sport or activity. Our Scholarship Search tool can help you unearth available awards filtered by school type, field of study, state, and more.
Try to stay on top of scholarship and grant applications and deadlines as they can come and go quickly. Winning a scholarship or a grant is basically finding free money, and you don’t want that money to go unclaimed.
Private Student Loans
Students who cannot pay for college with scholarships and federal aid alone can apply for private student loans from various financial institutions, including banks, credit unions, and online lenders. Interest rates, forbearance, and other terms and conditions can vary, so shop around to compare loan rates and terms.
SoFi’s no-fee private student loans are an option for students to help pay for college and graduate school. Flexible repayment plans can ease the search for a loan that works with a student’s budget and financial plan.
Learn how you can help pay for your education with private student loans from SoFi.
SoFi Private Student Loans Please borrow responsibly. SoFi Private Student Loans are not a substitute for federal loans, grants, and work-study programs. You should exhaust all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
SoFi Private Student Loans are subject to program terms and restrictions, and applicants must meet SoFi’s eligibility and underwriting requirements. See SoFi.com/eligibility-criteria for more information. To view payment examples, click here. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change.
Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.
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.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.
Although both are certainly beloved, the Bluegrass State is known for more than the world-famous Kentucky Derby and Colonel’s fried chicken. As people from all over learn about the delightful weather and cost of living perks the state has to offer, Kentucky is changing at a rapid clip, while still holding onto everything that makes it special.
Kentucky average rent prices
Renters who don’t wish to drop thousands every month on housing would do well to consider Kentucky. The average rent price for a one-bedroom unit across the entire state is just $1,082. That’s down 1.1 percent over the last year. Emphasis on the word “average” – there are still plenty of cities in Kentucky that are even more affordable to call home, unlike, say, San Francisco or Boston.
The cheapest cities in Kentucky for renters
Looking for the best possible deal? We’ve done all the heavy lifting for you! Check out the 10 cheapest places to live in Kentucky, complete with average rent price and stats on how the rates have changed over the last year.
10. Louisville
Average 1-BR rent price: $1,108
Average rent change in the past year: +3.98%
Those who consider Kentucky fully country couldn’t be more wrong. Indeed, this largest city in the state has all the creature comforts a metro-seeker could want. But with enough warmth and beauty to rival anywhere else in the state. Found in the north-central area of the state, Louisville residents benefit from proximity to other major cities, like Cincinnati (1.5-hour drive), Lexington and Frankfort.
Not surprisingly, most people associate Louisville with its most famous event, the Kentucky Derby, held at Churchill Downs every May. It also hosts the Kentucky State Fair on an annual basis, complete with rides, games and still more equestrian/agricultural-based events to enjoy. Some things never change, though, and Louisville remains one of the world’s leading producers of tobacco and bourbon.
Currently, a one-bedroom apartment in Louisville rents for an average of just over $1,100 a month, an uptick of nearly 4 percent since last year. Although it’s not the cheapest place to live in Kentucky, it’s definitely one of them!
9. Florence
Average 1-BR rent price: $1,058
Average rent change in the past year: +10.22%
Close to the northernmost section of the oddly-shaped state, the city of Florence is more convenient to Cincinnati than it is to the vast majority of Kentucky’s big cities. In fact, at only a 20-minute drive from Cincy, Florence is actually a suburb of the big city. Because of this, it’s not too shocking that Florence is in the midst of a full-on growth spurt. Which is probably why rent prices have jumped more than 10 percent in the last year. Currently, Florence is the 8th largest city in Kentucky, with about 33,000 residents to its credit.
Even if you’ve never stopped in Florence, you’ve likely seen its most famous landmark along I-75 while driving through, the “Florence Y’all” water tower. Turfway Park is another popular local attraction, as the site of the annual Kentucky Derby prep race, the “Jim Beam Stakes.”
A one-bedroom unit in Florence rents at slightly over $1,000 a month. It seems poised to go higher if the more than 10 percent increase over the last year is any indication. Hopefully, it maintains its spot on the cheapest places to live in Kentucky.
8. Bowling Green
Average 1-BR rent price: $974
Average rent change in the past year: +18.04%
The city of Bowling Green really lives up to its name, thanks to the lush, vibrant landscape that makes up the area. Found in the southern section of Kentucky, Bowling Green is the third-largest city in The Bluegrass State. Its nearly 60,000 residents fall only behind only Lexington and Louisville. This is the first city on our list of the cheapest places to live in Kentucky to come in at under $1,000 per month in rent. However, it might not stay that way for long. Prices for a one-bedroom unit are up 18.04 percent since last year.
Bowling Green has a ton going for it, industry-wise, with a number of major employers calling the city home, including Fruit of the Loom/Russell Athletics, Camping World and General Motors’ Corvette assembly plant, among many others. Western Kentucky University and all of the educational/basketball opportunities it entails is another local gem. Bowling Green is also well-decorated, in terms of accolades. A couple of those include National Geographic’s “10 Best All-American Cities” list, its designation as “The Best Place to Live in Kentucky,” per MONEY Magazine, as well as Forbes’ “Top 25 Places to Retire.”
7. Fort Thomas
Average 1-BR rent price: $966
Average rent change in the past year: +2.43%
Smack on the southern bank of the Ohio River is the northeastern Kentucky city of Fort Thomas. This suburb only six miles south of Cincinnati is loaded with appeal, thanks to its active, engaged community and a full list of events. In particular, the weekly farmer’s market is a popular place to socialize, buy locally-sourced products and generally enjoy the atmosphere this lovely town has to offer. Currently, a one-bedroom unit averages $966 a month, a slight increase of 2.43 percent since this time last year.
Fort Thomas obviously has historical significance from a military perspective, as it was an induction center where men and women enlisted during World War I and World War II. The historic fort, now known as Tower Park, still stands! The Fort Thomas Military and Community Museum is a fabulous place to take a tour and learn more about the important role this city played during trying times.
6. Taylor Mill
Average 1-BR rent price: $960
Average rent change in the past year: 0.0%
It’s status quo for Taylor Mill, at least as far as rent prices are concerned. A one-bedroom rental averages $960 a month, the exact same as last year. With not quite 7,000 residents, Taylor Mill is a quaint community where everyone seems to know everyone else. Yet another Kentucky city near Cincinnati, Taylor Mill residents enjoy all the perks of the nearby metro, but with a quaint, country feel.
It’s also a sports lover’s paradise. Highlights of the area include the Bill Cappel Sports Complex, as well as a local youth softball facility. Close proximity to Northern Kentucky University makes it easy for residents to get that undergraduate or advanced degree near home.
5. Lexington
Average 1-BR rent price: $896
Average rent change in the past year: -2.73%
Just east of Louisville is the homey city of Lexington, which is next on our list of the cheapest places to live in Kentucky. Rent prices are down nearly 3 percent compared with last year, so a one-bedroom unit averages just less than $900 a month.
Also known as the “Horse Capital of the World,” Lexington is quintessential Kentucky. Experience the state in all its authentic glory via a distillery tour, zip-line trip or a milkshake and a snack at the historic Wheeler Pharmacy.
Lex also has a lot of culture to its credit, with a chic dining scene and active calendar at the Lexington Opera House. In fact, the dawn of the 19th century earned the city the nickname, the “Athens of the West,” thanks to its population stacked with forward-thinking intellectuals. As a result, there’s something for everyone in Lexington, no matter how wide and varied your tastes are!
4. Fort Mitchell
Average 1-BR rent price: $807
Average rent change in the past year: -0.82%
Rent prices dipped ever so slightly in the northern Kentucky city of Fort Mitchell over the last year, with a one-bedroom renting for just over $800. Yet another Cincy suburb, Fort Mitchell is the proud home of the landmark Greyhound Tavern, one of the most award-winning restaurants in the entire state. Those with a taste for the slightly odd can take in the sight of hundreds of ventriloquist dummies at the Vent Haven: Ventriloquist Museum.
Fort Mitchell is popular with young professionals and families, as it’s an easy commute but still surrounded by lots of fun things to enjoy. Restaurants and pubs sprinkle the area, plus there’s a ton of green space to take advantage of during the mild weather months.
3. Fairdale
Average 1-BR rent price: $771
Average rent change in the past year: +0.69%
Part of the Louisville metro area, the comparatively small city of Fairdale has a population of around 9,000 Kentuckians. Adventure-seekers can literally swing by the Zipline Kingdom in Jefferson Memorial Forest, which itself is the largest municipal urban forest in the country. At 6,500 acres, there are trails for hikers, bikers, horseback riders and so on. Plus, there are spots for camping, fishing and about anything else an outdoorsy person could want.
Fairdale’s surrounding areas are also pretty fun, with lots of wineries and distilleries to enjoy. There is plenty for the entire family to do, with the zoo, Speed Art Museum and Kart Kountry (the longest go-cart track in the world) just around the corner from Fairdale. At $771 a month for a one-bedroom unit, it’s ever so affordable to rent in this homey community, even if the price did go up slightly in the last year.
2. Southgate
Average 1-BR rent price: $631
Average rent change in the past year: +5.34%
Next to Fort Thomas near the Ohio border, Southgate falls well below the $700 a month rent threshold. A standard one-bedroom is $631 a month, despite the fact that the area saw a 5.34 percent rent increase over the last year.
There aren’t a ton of rentals to choose from in this itty-bitty community of only 3,800 residents, but those available in the historic neighborhood are quite charming. Established in 1907, the city is especially proud of its efforts to preserve green space and has been awarded Tree City USA designation every year since 2005. Southgate also has a fishing lake, park and active community center where people of all ages regularly congregate.
1. Henderson
Average 1-BR rent price: $538
Average rent change in the past year: +0.50%
Topping our list of the cheapest places to live in Kentucky is the city of Henderson. Yet another one on the banks of the Ohio River, this one flirts with the Indiana border. Home to Audubon State Park, this western Kentucky city is larger than many of the others on our list, with nearly 30,000 residents. Currently, you can find a one-bedroom apartment for an average price of $538 per month, an increase of only half a percent from this time last year.
That low, low price gets a renter access to plenty of fun stuff, as Henderson has a storied reputation for its events. For example, the W.C. Handy Blues and Barbecue Festival is held every June and is among the nation’s largest free music festivals.
Then, every July sees the Sandy Lee Watkins Songwriters Festival, full of acoustic performers from talented artists. Of course, August wouldn’t be right in this area of Kentucky without the annual Bluegrass in the Park and Folklife Festival, held right on Henderson’s picturesque riverfront.
Locals and visitors alike also love to enjoy the area’s outdoorsy options, like canoeing through the Sloughs Wildlife Management Area or a stroll through Atkinson Park Riverwalk for excellent views of the area’s wetlands. Don’t forget to hit Ellis Park Race Course for thoroughbred racing. They also have hilarious events like ostrich, camel and wiener dog races!
Kentucky fried affordability
Whatever size, scope or price point you’re looking for, there’s somewhere for you among the cheapest places to live in Kentucky. Bonus — there’s bound to be at least one KFC nearby when the fried chicken urge strikes!
Methodology
Rent prices are based on a one-year rolling weighted average from Apartment Guide and Rent.’s multifamily rental property inventory as of August 2023. Our team uses a weighted average formula that more accurately represents price availability for each unit type and reduces the influence of seasonality on rent prices in specific markets.
We excluded cities with insufficient inventory from this report.
The rent information included in this article is used for illustrative purposes only. The data contained herein do not constitute financial advice or a pricing guarantee for any apartment.
Inside: Are you looking for ways to make money on the side? This guide has everything you need to know about the best side hustles for men. From turning your passion into profit with these gig ideas!
In this post, I collaborated with my husband. Together, we combined our ideas and expertise after work to generate ideas centered around how men specifically can make money. His input and insights were remarkably vital to this post.
Break free from the 9-to-5 grind and embark on a journey towards a fulfilling side hustle – it’s a game-changer for gentlemen looking to beef up their bank accounts.
In the ever-evolving landscape of side hustles, now is your year to supercharge your earnings. There’s a treasure trove of opportunities waiting for you to delve into, all while indulging in your passions. From tech-savvy endeavors to unleashing your creative genius and practical gigs that pay, our guide is here to unveil the ultimate side hustles that can set you on the path to financial triumph.
Ready to boost your income? Fantastic! You’re on the path to prosperity.
Here, we’ll explore the 40 best side hustles for men in 2024.
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.
Embracing the Hustle: Why Men Should Consider Side Hustles
Side hustles are more than mere cash generators – they’re the keys to a world of freedom, flexibility, and endless growth potential.
If you’re a gentleman with a hunger for financial prosperity, a side hustle can be your golden ticket. It empowers you to call the shots and maintain your existing commitments while paving your way to success.
While women tend to lean towards side hustles for women, it’s high time for men to dive headfirst into the captivating world of side hustles!
How can a guy make extra money?
Making extra money doesn’t have to be monotonous. Whether you’re a tech whizz, an avid creator, or a hands-on worker, there’s something for you.
There are so many ways to make money. I just read this story about a college kid starting with $300 and turning his sticker side hustle into a full time business. 1
These options can yield solid income by leveraging your unique skills and interests. Want to learn more? Keep reading; we have plenty of ideas for you!
Top Side Hustles for Men
As my hubby said, extra income takes the financial strain off the normal job. With side hustles, you can choose how you want to spend your time – watching sports, playing video games, or making money.
The choice is yours!
Right now, learning to make money online for beginners is the most popular place to start.
1. Invest in Real Estate
Around here at Money Bliss, we always stress how to make your money work for you and real estate is no different.
Real estate investment is a golden opportunity that not only offers a steady income but also the potential for property value to soar. Keep in mind, that it’s a long-term game that requires a significant upfront investment.
However, there are many options like flipping properties, renting properties, or even investing through a REIT. Dive into the world of real estate to maximize your returns. Let your money do the heavy lifting for you.
2. Day Trader
Many men opt for trading stocks and options as a side hustle for several compelling reasons.
Trading offers flexibility, as your research can be done at any time, making it convenient to manage along with a nine-to-five job.
It has an immense profit potential, given the volatility and opportunities present in the global stock markets.
Many want to earn a rate of return greater than the average return of the S&P 500 – a common benchmark index for that competitor inside them.
Finally, trading presents an opportunity for continual learning and development, as successful trading requires staying updated with financial news, stock apps, market analysis, and economic trends, thereby enhancing one’s financial literacy.
Trade & Travel
Learn to trade stocks with confidence.
Whether you want to:
Retire in peace without financial anxiety
Pay your bills without taking on a side hustle
Quit your 9-5 and do what you love
Or just make more than your current income….
Making $1,000 every.single.day is NOT a pie-in-the-sky goal.
It’s been done over and over again, and the 30,000 students that Teri has helped to be financially independent and fulfill their financial dreams are my witnesses…
3. Become an Umpire or Referee
Sports fans, here’s your calling! Transform your passion into a profitable part-time gig by becoming a sports referee.
There is a HUGE shortage of umpires and referees.2 Rates per game can range from $20 to $60, and over time, you can earn even more as you referee older leagues. Plus many leagues are paying more to incentivize refs to come back to the fields.
Not only does it assure good pay, but it also lets you enjoy your favorite sport, exercise, and create exhilarating moments. Check it at your local club or league for training and to get started today.
This is something my brother-in-law did all the time and easily made 200 dollars a day.
4. Participate In Medical Studies
If adding to medical knowledge interests you while earning, consider participating in clinical trials.
Compensation depends on various factors like the study’s length and complexity. You can earn $50 to $300 a day!
It’s worth considering if you’re comfortable with potential risks and lengthy commitments. Websites like ClinicalTrials.gov or your local hospital could help you get started. It’s a unique way of contributing to medical research while making money. Do check the risks before diving in!
5. Moving and Heavy Item Delivery
Feel like adding some muscle? Moving and heavy item delivery might be your perfect hustle. If you’ve got a buddy, a solid back, and a truck (or can rent one), this is the gig.
You could easily earn about $20-$25 an hour helping people move houses or delivering large items. Opt for evening or weekend gigs to fit around your day job.
Get started by advertising your services or using apps like TaskRabbit or NextDoor. An excellent way to stay fit and earn some extra dollars at the same time!
6. Rent Out Your Extra Room
Do you have a spare room? Then, transform that neglected space into a cash cow.
Airbnb or VRBO can help you lease it out to travelers. Its user-friendly platform lets you manage rentals with aplomb. Plus, you get the chance to grow into a SuperHost.
Another option is to look at investing in a duplex where you live on one side and rent out the other.
7. Woodworking
This takes a special talent like my father-in-law had. He and his boys were known for crafting Adirondacks chairs, bedroom furniture, and patio tables.
So, if you have this woodworking knack, then this side hustle could be a golden ticket. The key to success is to perfect your craft to a few select items to be efficient with your time, so, you can better the profit. Let your handyman skills shine and earn you some extra cash!
The average earnings of a woodworking side hustle in the U.S. can range from approximately $500 to $3,000 or more per month, depending on factors such as the complexity of projects and marketing efforts.
8. Beekeeping
Honey, take note! If you’re not deterred by bees and are interested in agriculture, try your hand at beekeeping. This might be a family affair – like my daughter’s soccer coach.
Honey sells for around $20 a pound, and bees virtually do all the work! Plus, you contribute to pollination and the environment.
Combined with pest control services (like removing large nests), you can amplify your earnings. However, getting comfortable with bees might take time. But, once you do, the sticky sweet liquid gold that is raw honey could put a sizeable amount of money in your pocket.
9. Detail Cars
If you have a passion for cars and cleanliness, consider detailing cars as your side hustle. There’s something gratifying about transforming a dusty vehicle into a sparkling gem.
Depending on the quality of your service, you can earn up to $500 in a single weekend! Start by experimenting with your own car and build a portfolio to attract customers.
You’ll need tools like a good shop vacuum and detailing brushes. I have seen plenty of men showcasing their work on social media with before-and-after photos. Polish those wheels and drive towards profit!
10. Landscaping Side Hustle
Armed with green fingers? Eager to perform hard physical labor? Then a side gig in landscaping can do wonders for your wallet.
From regular lawn care to fall leaf cleanup to full-on backyard redesigns, there’s something for everyone. Look to websites like Lawn Love to match you with your first clients.
Potential income for this venture depends on how many hours of your time you are willing to trade.
11. Drive for Ridesharing Apps
Like to drive? Awesome, do it for cash! Ridesharing apps like Uber and Lyft got you covered.
Be your boss, and work on your terms.
You need to make sure you have a nice car, proper insurance, and learn the busiest routes to maximize your earnings. Do pay heed to your vehicle’s wear and tear, though. However, this is one of the jobs that pay weekly.
12. Snow Plowing
Living in a snowy region? Consider snow plowing. This is a quick way to make money! I can attest to my kids quickly making $200+ a day from snow shoveling.
Even better is to have business clients that need this service. As such, all you need is a reliable truck or SUV with four-wheel drive and a snowplow. Plus, you can upsell by offering extra services like salting and hand shoveling.
This lucrative side gig can result in you earning thousands each winter. It’s an opportunity to put your vehicle to good use and tackle Mother Nature for a handsome payout.
16. Knife Sharpening
If you have a knack for precision and patience, knife sharpening could be a rewarding side hustle. Businesses like restaurants butcheries, and home cooks are potential clients.
All you need is a quality knife sharpening setup and knowledge of the right techniques. Advertising your services on social media can help bring in customers. Who knew such an unusual skill could be so profitable?!
17. Plasma Donation Centers
While this one is probably more geared to side hustles for college students have you ever considered donating plasma for cash?
You help others, and it earns you up to $500 a month. It’s a generous deed with a minimal time commitment.
Search for “where to sell plasma in [your city]where to sell plasma in [your city]” to get started. Remember, most places have similar requirements to blood donation and may require a short medical screening first.
18. Bookkeeping
Good with numbers? Have an eye for detail? Look into bookkeeping.
Services like generating invoices, managing accounts payable, and preparing tax returns are always in demand. Overhead costs are low as you only need a computer and accounting software. Plus, payment is high at around $50 per hour!
For most bookkeepers, referrals are their bread and butter. To start out check the local Chamber of Commerce to start meeting other business people.
Turn your love for crunching numbers into a lucrative side hustle.
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19. White Label Software
Dip your toes into software reselling by using white-label software. This is great for someone who is good with technology and understands SaaS. However, no coding or IT background is necessary.
All you need to do is buy “seats” of an existing software at a wholesale rate, then resell them at retail.
Use any software name or category on Google and add “White Label” at the end to find options. Build a website, market your product, and start earning by becoming a digital intermediary! Start earning by becoming a digital middleman!
20. Work as a Translator
In the United States, nearly 20% of the population, roughly 67.8 million people, speak a language other than English at home, with Spanish, Chinese, Tagalog, Vietnamese, and Arabic being the most prevalent.3 If you’re fluent in another language, this opens doors to flexible and potentially lucrative side hustle in translation and interpretation.
Earnings in the language translation side hustle can fluctuate based on the client’s requirements and your preferences. For instance, you might find translation opportunities on platforms like Freelancer.com offering rates of up to $60 per hour, while translators on Fiverr can charge as much as $125 per project.
21. Pallet Flipping
Are you inclined towards an entrepreneurial middleman ship? Pallet flipping could be your ticket to substantial income.
This is similar to buying storage units unseen and flipping for a profit. With pallet flipping, the process involves buying and reselling pallets of customer returns, overstocked items, or unsold merchandise, often from major online platforms. Connect businesses that need pallets to ship their products with those looking to get rid of them.
Whether you start small or aim high, scalability and considerable earnings are within reach. Check out this Pallet Flipping book to get started.
22. Help Others Write Resumes
If you have a talent for crafting impressive resumes, there’s a lucrative side hustle waiting for you. Job seekers are constantly looking for professionals who can help them stand out in the competitive job market.
According to our research, professionals skilled in resume writing can start charging for their services on platforms like Fiverr, often earning anywhere from $50 to $150 per resume service including cover letters and LinkedIn profiles.
Mastering the art of creating effective resumes, including understanding industry-specific keywords, is the secret sauce to success in this field. By assisting others with their career aspirations, you can collect a decent income while making a meaningful impact on their job prospects.
This is also a popular digital product to sell on Etsy.
Earn More Writing
You can make money as a freelance writer.
Learn techniques to find those jobs and earn the kind of money you deserve!
Plus get tips to land your first freelance writing gig!
Start Now
23. Laundromat
Here’s an unconventional yet profitable idea – owning a laundromat! It’s an already profitable model (as it has been around for years) and most processes are automated.
Integrating some digital marketing skills and making tweaks like improving your online presence could earn you significant profit. But be aware, that this does involve an initial investment. Scope out opportunities to buy a laundromat near you.
Also, another trend is starting a laundry business where you take care of others’ laundry needs. Who would have thought laundry could be so rewarding?
24. Start a Consulting Side Hustle
Do you have expertise in a specific area? Consider starting a consulting side hustle.
Consulting is often about solving problems and providing strategies. Whether you’re skilled in marketing, HR, tech, or any other field, your knowledge can be valuable to businesses. Use your existing network to start and gradually grow your client base.
With the right marketing and a robust network, consulting can be highly rewarding. Honestly, this is a popular job after retirement for many. So why wait? Start monetizing your wisdom today!
25. Furniture Flipping
Ever heard of furniture flipping? It’s about buying used furniture at low prices, revamping it, and selling it for a profit.
Furniture flippers can be a goldmine especially if you know what to look for. Unearth the potential in old furniture and flip it into a profit with this artistic hustle.
You can source items from yard sales, flea markets, or online. Sanding and repainting can transform items into showpieces. This gig is perfect if you love hands-on projects that require creativity and patience. Remember, a great photo makes the sale for your final piece!
26. Walk Dogs
Dog lovers, rejoice! Here’s the perfect gig for you – dog walking. If you love playing with our furry friends and love the outdoors, why not get paid for it?
Apps like Rover can connect you with dog owners in your area in need of walking services. Dog walking can fetch (pun intended!) you around $10–$18 per walk. If you’re passionate about spending time with fidos, this side hustle is a pleasure that pays!
Rover
Get paid to play with pets!
Rover makes it easy and promotes you to the nation’s largest network of pet owners.
Earn money doing something you love.
Become a Sitter
27. Find Odd Jobs in Your Area
Not afraid to roll up your sleeves? Awesome! Odd jobs can be a treasure trove of opportunities.
Think yard work or furniture assembly. Seek out these gigs on platforms like TaskRabbit, Nextdoor, Craigslist, or Fiverr, and a few hours of work can earn you a tidy sum. It’s the perfect hustle for those in search of quick cash injections!
TaskRabbit
Find local jobs that fit your skills and schedule.
With TaskRabbit, you have the freedom and support to be your own boss.
Plus set your own rates!
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28. Photographer
Are you skilled at capturing beautiful moments? Turn your passion into a lucrative side hustle by becoming a photographer.
With average rates of earning 500 dollars per day, your earnings could easily surpass those of a full-time job. You can explore areas like wedding photography, senior photos, or commercial product photography.
The best way to gain clients is through referrals or a fundraiser. Grab your professional camera and start capturing memorable moments while boosting your income. Focus your lens and let your creativity shine!
29. Unusual Rentals
Get creative! As this man demonstrated, unconventional rentals like a power washer can earn you thousands of dollars every month. 4
You can rent out spaces like your garage, or backyard to pet owners, or even invest in items like portable hot tubs or bounce houses. Platforms like Airbnb, Sniffspot, Vrbo, and Neighbor can help you get started.
Your unused space or items can transform into extraordinary sources of income. Dive into the world of rentals and unveil massive profits!
30. Cryptocurrency
Crypto investment is a popular side hustle that can yield incredible returns (and significant losses).
However, keep in mind that the cryptocurrency market is volatile, and you should only risk what you can afford to lose.
Crypto is not for the faint-hearted, but with the potential for high returns, it could be your golden opportunity.
31. Teach Music Classes
Do you possess a hidden musical talent? Then, teach music class!
With countless adults and children seeking music lessons, you can make good money sharing your skills. Offer piano lessons, guitar instruction, drumming, or any instrument you excel in. You can use platforms like Skillshare or provide private lessons.
On average, music instructors can charge anywhere from $40 to $100 or more per hour for online lessons depending on how advanced the lessons are. Sharing your passion for music while making money sounds like music to the ears, doesn’t it?
32. Sell on eBay
Have you ever visited a garage sale? Turn those finds into a profitable hustle by selling on eBay. eBay is an excellent platform for selling a wide range of items.
Some personal successes include flipping items like electronics, old iPods and iPhones, sneakers, and furniture. Successful eBay selling boils down to recognizing profitable items and securing a bargain purchase.
Are you ready to flip and fill your wallet with extra cash? You could sell on Facebook Marketplace, too.
33. Reselling on Amazon
Reselling products on Amazon is the trend of the hour. Scout for items cheaper in your area than online, including toys, limited edition shoes, or seasonal delicacies.
Consider trying dropshipping to curate your product lineup without worrying about inventory. Armed with just an Amazon seller account and a keen eye for trends, you can dive into this lucrative venture!
34. Start A Freelance Business
Have niche skills? Time to cash them in by freelancing. This is a booming market.
Bid on projects that resonate with your skill set: graphics, writing, social media management, website design – you name it! Going freelance offers flexibility, and autonomy and can bring in some serious cash.
Be sure to create a compelling portfolio to attract clients and make sure you have solid reviews.
35. Play Games Online
Game on, fellas! Who said you can’t turn your gaming hobby into a money-making machine?
You can pocket money by playing games like Blackout Bingo and Solitaire Cube.
Just remember you can win real money, but you can suffer losses as well. Also, be sure to check if cash tournaments are available in your region.
36. Watch Videos Online
Do you enjoy watching videos? You can earn while indulging in your favorite pastime! Platforms like InboxDollars and MyPoints offer cash rewards for watching videos. Plus, you can claim a $5 sign-up bonus on InboxDollars.
While the earning potential might be relatively low, it’s a seamless background activity. You can make money while relaxing on the couch. So, why not unwind with your favorite video content and get paid for it?
Inbox Dollars
Since 2000, InboxDollars has paid over $80 Million in cash rewards to members for doing everyday online activities like reading emails, taking paid surveys, or playing games.
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37. Start a Podcast
Do you have a passion for conversation? Starting a podcast is not just about speaking your mind; it’s a captivating path to potential profit.
With over 177 million podcast listeners in the U.S. alone, your words have a vast audience waiting to tune in.5
Dive into topics like BBQ techniques, current events, or life’s twists and turns, and you might be surprised to know that top podcasters earn money with sponsorships.
38. Delivery Gigs
Do you love driving, but want to limit contact with people? Consider delivery gigs.
Food delivery apps like DoorDash, Uber Eats, and Instacart can pad your wallet. You can make deliveries on your schedule while retaining control over when and where you work.
These gigs typically pay $15 to $20 per hour, plus tips. Some companies even allow bicycle deliveries for a bit of exercise. Deliver your way to financial success with this flexible side hustle.
39. Start a YouTube Channel
Do you have a passion for digital creativity? Consider starting a YouTube channel – the “king of side hustles.”
Use your unique perspective to engage viewers, whether through personal vlogs, tech reviews, or evergreen content. The potential is boundless.
YouTubers earn money from ad revenue and sponsorships. With a staggering number of users on YouTube, why not tap into this vast audience?
Established channels can rake in thousands per video. However, remember that channel success hinges on content quality, relevance, and consistency. Get behind the camera and share your creativity with the world!
40. Freelance Writing
If you have a way with words, freelance writing is an attractive side hustle. Typically, writing is the most sought-after freelance service.
You can choose from various writing niches, including copywriting, blog writing, ebook, social media content creation, or creating detailed reports. Impress clients with samples of your best work.
For many, this was the first step before they went into to the world of blogging.
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Learn techniques to find those jobs and earn the kind of money you deserve!
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42. Take Online Surveys
Have some free time and a reliable internet connection? Consider taking online surveys.
Websites like Swagbucks, Panel Place, or Survey Junkie are on the lookout for your opinions. It’s simple: sign up, share thoughts, and cash out! Look out for the highest-paying survey sites to maximize your profits.
Taking online surveys can typically amount to around $50 to $200 per month, depending on the frequency and length of surveys taken.
While it won’t make you a fortune, it’s an easy way to make a couple extra bucks during downtime. Start voicing your opinions for money today!
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43. Find a Flexible Part-Time Job
Finally, a part-time job can provide a steady cash stream.
Right now, you can find hiring signs everywhere! This is a great way to trade your time and make a little bit over minimum wage.
Apply to those vacant positions now, and sail towards extra cash!
Striking the Balance: Juggling Regular Jobs and Hustles
This is where my husband is always the most concerned because juggling your full-time job along with your side hustle can be tricky. Even more so, if you have a family.
The key is to create a feasible schedule that allows you to manage both without affecting the quality of work.
Keeping a time log can help identify how you can spare time for your hustle. Remember, side hustles should not hinder your regular job.
The goal is to make extra money, but not lose precious time with your family, so you must strike that balance for a smooth side-hustling journey. It’s all about dedication, time management, and commitment.
Now, are you ready to toss that juggling ball up in the air?
Frequently Asked Questions about Side Hustles
Personally, we feel the most profitable side hustles for men is real estate investment, followed closely by trading stocks and options.
These side hustles have a higher amount of money needed to start investing. So, we decided to consider your skills and interests to make a big impact now.
Making an extra $2000 a month is a game of adopting multiple hustles or honing in and being successful with one.
More importantly, it’s all about identifying your strengths, and interests and leveraging opportunities from there. Keep grinding, and you’ll find that fortune favoring your extra efforts!
Earning an extra $1000 a month might seem daunting, but it’s definitely achievable. Combining side hustles like driving for DoorDash, medical research studies, and flipping items can help you hit that target. Remember, the key lies in maximizing your skills, and efficiency, and choosing the right hustles. Embark on your side-hustling journey today and watch as your bank account flourishes!
Which Side Hustle for Guys Do You Like?
Now that we’ve explored these exciting side hustle opportunities, it’s time for you to take action. Which one resonates with you the most?
To truly excel in the world of side hustles, it’s crucial to approach your ventures with the right mindset. Your skills, hobbies, and interests should align with your chosen hustle, ensuring that you’re not just chasing dollars but pursuing something that genuinely excites you.
Remember that side hustles require time, commitment, and sometimes an upfront investment. The higher you’re willing to climb, the better your view (and the payouts) will be!
Don’t wait any longer. Start your side hustle journey today, and unlock the door to financial freedom and personal fulfillment.
Source
CNBC. “21-year-old spent $300 to start his sticker side hustle—now it brings in up to $38,000 a day: I was ‘unprepared’ to go viral.” https://www.cnbc.com/2023/10/30/how-sticker-side-hustle-invalid-jp-went-tiktok-viral-became-lucrative.html. Accessed October 30, 2023.
CBS News, “Youth sports referee shortage grows amid aggression from parents, coaches.” https://www.cbsnews.com/philadelphia/news/youth-sports-referee-shortage-grows-amid-aggression-from-parents-coaches/. Accessed October 30, 2023.
Census.gov. “Nearly 68 Million People Spoke a Language Other Than English at Home in 2019.” https://www.census.gov/library/stories/2022/12/languages-we-speak-in-united-states.html. Accessed October 30, 2023.
Express. “‘Anyone can do it’ Man shares unusual way to make money without leaving home.” https://www.express.co.uk/finance/personalfinance/1623166/money-making-tips-earn-from-home-fat-llama. Accessed October 30, 2023.
Exploding Topics. “Number of Podcast Listeners.” https://explodingtopics.com/blog/podcast-listeners. Accessed October 30, 2023.
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•Chicken/ham pot pie sale — noon-6 p.m., Decatur Fire Co. Cookhouse, North 522, Alfarata. Order by calling (717) 543-0921 by Nov. 8.
•Freedom Avenue UMC and Shining Light Through the Darkness soup sale — Friday, Nov. 17. Soups available: chicken corn with and without rivels, ham bean, beef vegetable, stuffed pepper and French onion. Cost is $8 per quart. Pick up between 9 a.m.-6 p.m. on Friday, Nov. 17 at the Freedom Avenue UMC fellowship hall, 511 East Freedom Ave. in Burnham. Preorders recommended. Walk-ins welcome. To preorder, call or text Darlene Gray @ (717) 953-6352 by Sunday, Nov. 12.
•Church bazaar — 9 a.m. to 1 p.m., Nov. 18, Rhodes Memorial United Methodist Church, 500 Highland Ave., Lewistown. Vegetable soup, ham pot pie, coconut cream pie and apple pie. Must order ahead by Nov. 13
at (717) 248-1897.
•Mincemeat sale — 10 a.m.-noon pickup, Nov. 18, East Kish Presbyterian Church, corner of Walnut and Church streets, Reedsville. Cost is $11.50 per quart, $5.75 per pint. Order by Nov. 11 at (717) 667-2806. Leave a message with name, phone number and quantity. Proceeds benefit the church’s mission and Benevolence Fund.
•Annual craft show — Saturday, Nov. 18 from 9 a.m.-2 p.m. at Milroy United Methodist Church. Vendors can contact Paul at (724) 678-6619 for more information. Crafts, food, baked goods, jewelry, home decor and more available. Soup sale: $7 per quart. Chicken noodle, ham and bean and creamy chicken and wild rice available. Preorder by Wednesday, Nov. 15 by calling (724) 678-6619. Pick-up during craft show.
•Meal — pickup 10 a.m.-noon, eat-in 11 a.m.-12:30 p.m., Calvary Lewistown, 111 E. Third St., Lewistown, Nov. 23. Reserve meals by calling (717) 242-1481 no later than 2 p.m. Nov. 21. Shut-ins can receive free delivery in Lewistown, Burnham, Yeagertown, Reedsville and Milroy.
•AARP Safe Driving class — Nov. 29-30 from 9 a.m.-1:30 p.m. at the Mifflin-Juniata Regional Services Corporation (MJRSC) in Yeagertown. Classes will be held in the ground floor conference room. Instructor: Nancy Simmons. Cost is $20 for AARP members, $25 for non-members. Bring membership card and driver’s license to class. For reservations, call (717) 667-2763.
Saturday, Nov. 4
•Holiday bazaar — 9 a.m.-1 p.m., Milroy White Memorial Church, South Main St., Milroy. Benefits mission work.
•Graceful Soles Shoe Bank — 9 a.m.-noon, Grace United Methodist Church, 101 Logan St., Lewistown. Children up to age 18 are given a free pair of shoes with verification of low income through medical assistance. Parent or guardian must accompany child.
•Winter Wonderland Craft and Vendor Show — 10 a.m.-2 p.m., Mifflin County Youth Park. Event sponsors the Mifflin County Penn Roosevelt Camp and Lodge.
•Soup sale — noon, McVeytown Masonic Lodge, 25 N. Market St., McVeytown. Kettle cooked soup of ham and bean and chicken corn. $8/quart. Proceeds benefit local charities.
•General Thomas Mifflin Chapter of the Pennsylvania Daughters of the American Revolution — 3-5 p.m., Mifflin County Courthouse, Monument Square, 1 West Market St., Lewistown on the second floor in the courtroom. Speaker is Jackie R. Esposito. Program will be “Managing your Personal Archives.”
•Drive-thru beef and ham potpie sale — 4 p.m. at the Rescue Hose Company #20, 222 S. Sassafras St. in Beavertown. Sold by the quart. Proceeds benefit the fire company.
•Crafterday — 9 a.m. to 11 a.m., Mifflin County Library, Lewistown branch, 123 N. Wayne St., Lewistown. Susan Miriello will be teaching Tunisian Crochet. All supplies are provided. A $5 non-refundable fee will secure your spot. Information: (717) 242-2391.
Sunday, Nov. 5
•Burnham Lions Club turkey dinner — 10 a.m.-1 p.m. or until sold out. Take-out only. Turkey, filling, mashed potatoes, gravy, corn and green beans. Take-outs $12 per dinner. Burnham Lions Building, First Ave. in Burnham.
Monday, Nov. 6
•Bag sale — 10 a.m.-3 p.m., Sacred Heart Thrift Shop 4 N. Dorcas St., Lewistown. $5 for clothing and shoes.
•Bingo — 10 a.m.-1 p.m., McVeytown Senior Center.
•TOPS (Take off the Pounds Sensibly) PA 13339 meeting — 6:45 p.m., Rhodes Memorial United Methodist Church, 500 Highland Avenue, Lewistown. Weigh-in at 6 p.m. Welcoming new members. For information: (717) 994-0156
•Central Pennsylvania Grasp Chapter — 7-9 p.m. at CPYM Sausman Center, 12339 William Penn Hwy. in Thompsontown. There is no cost to attend. For more information, please contact: Shannon Zeiders at (717) 953-6810 or [email protected].
Reunions
Upcoming reunions, including missing classmate requests, are published as part of the calendar and should be sent to [email protected]. Brief reports of reunions and class reunion photos with the people identified in the order in which they appear are accepted for publication in the Saturday Living section and should be sent to [email protected].