Chapel Hill, often referred to as “The Southern Part of Heaven,” is a charming town filled with possibilities. With its picturesque landscapes, vibrant neighborhoods, and a rich cultural scene anchored by the University of North Carolina at Chapel Hill, it’s no wonder that many people dream of calling this town their home. However, life in this idyllic setting comes with its own set of challenges. So whether you’re searching for a cozy apartment in Southern Village or a peaceful apartment in Meadowmont, you’ve come to the right place.
In this ApartmentGuide article, we’ll explore the various pros and cons of living in Chapel Hill, helping you decide if this beautiful town is the right place for you.
Fast Facts About Living in Chapel Hill
What is Chapel Hill Known For: Chapel Hill is famous for the University of North Carolina at Chapel Hill, a vibrant arts scene, and its picturesque landscapes.
Population: Over 60,000 residents in Chapel Hill proper; over 500,000 in the Durham-Chapel Hill metro area
Average rent: $1,500 per month for a one-bedroom apartment
Median home sale price: $485,000
Days of sunshine: Approximately 220 days per year
Public parks: More than 30 parks within the town
Average summer high temperature: 89°F (32°C)
Major industries: Education, healthcare, research, and technology
1. Pro: Strong educational environment
Chapel Hill is renowned for its educational opportunities, primarily due to the presence of UNC, one of the oldest public universities in the United States. The town’s commitment to education extends beyond the university, with highly rated public schools and a focus on lifelong learning. This academic atmosphere fosters a community of thinkers, making Chapel Hill an ideal place for students, educators, and those who value education.
2. Con: High Cost of Living
While Chapel Hill offers many amenities, it comes with a higher cost of living compared to other towns in North Carolina. The overall cost of living in Chapel Hill is about 5% higher than the national average, with housing being the most significant factor. The median sale price for a home in Chapel Hill is around $605,000, and the average rent for a one-bedroom apartment in Chapel Hill is $1,751 per month. While utilities are 8% lower than the national average and transportation costs are 6% less, groceries and healthcare expenses are slightly above average, contributing to the overall higher cost of living.
3. Pro: Beautiful natural surroundings
Chapel Hill is known for its picturesque landscapes and outdoor recreational opportunities. The town is surrounded by lush greenery, rolling hills, and beautiful parks, making it an excellent location for those who love nature. Residents can enjoy hiking, biking, and picnicking in places like the North Carolina Botanical Garden, the Carolina North Forest, and various trails that weave through the town. The mild climate also means that outdoor activities can be enjoyed year-round.
Commute times to popular outdoor destinations
Eno River State Park: 20 minutes by car
Jordan Lake State Recreation Area: 30 minutes by car
Blue Ridge Mountains: 3 hours by car
North Carolina Coast: 2.5 hours by car
4. Con: Limited public transportation options
Chapel Hill does have a public transportation system, including the free Chapel Hill Transit bus service, which is a great benefit for residents. However, the town’s public transportation options are limited, especially when compared to larger metropolitan areas. Many residents rely on personal vehicles for commuting, which can lead to traffic congestion during peak hours. The town’s walkability is good in certain areas, particularly around the university, but less so in outlying neighborhoods.
Chapel Hill’s transportation scores
Walk score: 34
Transit score: 37
Bike score: 50
5. Pro: Vibrant arts and culture scene
Chapel Hill boasts a vibrant arts and culture scene that rivals much larger cities. The town is home to numerous galleries, theaters, and music venues that host a variety of performances and exhibitions throughout the year. The Ackland Art Museum, PlayMakers Repertory Company, and the Cat’s Cradle music venue are just a few examples of the cultural gems in the area. Additionally, Chapel Hill’s close proximity to Durham and Raleigh expands access to even more cultural experiences.
6. Con: Traffic congestion
As a small town with a large university, Chapel Hill can experience significant traffic congestion, particularly during the academic year. The influx of students, faculty, and visitors can lead to crowded streets and limited parking, especially in downtown areas and near the campus. While the town is working on improving infrastructure and traffic management, residents may still face delays during peak times.
7. Pro: Strong job market in key sectors
Chapel Hill has a robust job market, particularly in sectors such as education, healthcare, research, and technology. The presence of UNC and its affiliated hospitals provides numerous employment opportunities in education and healthcare. Additionally, the Research Triangle Park (RTP), located nearby, is a major hub for technology and research companies, offering a wide range of job prospects in various fields.
Top employers in Chapel Hill
University of North Carolina at Chapel Hill
UNC Health Care
Blue Cross and Blue Shield of North Carolina
Chapel Hill-Carrboro City Schools
Town of Chapel Hill
8. Con: High housing demand
Chapel Hill’s desirability as a place to live has led to high demand for housing, which can make it challenging for new residents to find affordable options. The competitive real estate market, combined with the town’s limited housing supply, has driven up home prices and rents. This trend is expected to continue as more people are drawn to the area for its quality of life and educational opportunities.
9. Pro: Access to excellent healthcare
Chapel Hill is home to some of the best healthcare facilities in the region, thanks to the presence of UNC Health Care. The university’s hospitals and clinics offer comprehensive medical services and are known for their cutting-edge research and patient care. This access to high-quality healthcare is a significant benefit for residents, particularly those with specific medical needs or those seeking employment in the healthcare industry.
10. Con: Humid summers
Chapel Hill’s climate is generally mild, but the summers can be quite hot and humid. Average high temperatures in the summer months often reach the upper 80s to low 90s, with humidity levels that can make it feel even warmer. This can be uncomfortable for some residents, particularly those who are not accustomed to Southern summers. However, the town’s abundance of trees and shaded areas can provide some relief from the heat.
11. Pro: Rich history and cultural heritage
Chapel Hill is steeped in history, with roots dating back to its founding in the late 18th century. The town’s historic districts, landmarks, and preserved architecture offer a glimpse into its past, while cultural institutions like the Morehead Planetarium and Science Center and the Carolina Performing Arts continue to enrich the community. This blend of history and culture creates a unique and vibrant environment for residents and visitors alike.
12. Con: Property taxes
North Carolina’s property taxes are generally moderate, but in Chapel Hill, they can be higher than in other parts of the state. The combination of town, county, and school district taxes can add up, making property ownership more expensive. This is something prospective homeowners should consider when budgeting for a move to Chapel Hill.
13. Pro: Diverse dining and food scene
Chapel Hill offers a diverse and thriving food scene, with a wide range of dining options that reflect the town’s multicultural population. From farm-to-table restaurants to international cuisine, there is something to suit every palate. Franklin Street, the town’s main thoroughfare, is lined with cafes, bars, and eateries, making it a popular destination for both locals and visitors. Additionally, the town’s farmers’ markets provide fresh, locally-sourced produce and artisanal goods.
Popular restaurants in Chapel Hill
Lantern
Crook’s Corner
Mama Dip’s Kitchen
The Carolina Inn
Mediterranean Deli
14. Pro: Proximity to outdoor recreation
Chapel Hill’s location in the Piedmont region of North Carolina provides easy access to a variety of outdoor recreational activities. The town is close to several state parks, including Eno River State Park and Jordan Lake State Recreation Area, where residents can enjoy hiking, camping, boating, and fishing. The nearby Blue Ridge Mountains and North Carolina coast are also within a few hours’ drive, offering additional opportunities for outdoor adventures.
Other outdoor activities in Chapel Hill
Hiking in the Carolina North Forest
Kayaking on the Haw River
Exploring the North Carolina Botanical Garden
Biking on the Bolin Creek Trail
Birdwatching at Mason Farm Biological Reserve
Pros & Cons of Living in Chapel Hill, NC (Summary)
Pro: Strong educational environment
Con: High cost of living
Pro: Beautiful natural surroundings
Con: Limited public transportation options
Pro: Vibrant arts and culture scene
Con: Traffic congestion
Pro: Strong job market in key sectors
Con: High housing demand
Pro: Access to excellent healthcare
Con: Humid summers
Pro: Rich history and cultural heritage
Con: Property taxes
Pro: Diverse dining and food scene
Pro: Proximity to outdoor recreation
Curious about what makes North Carolina special? Be sure to check out our article on what North Carolina is known for.
Kids, it turns out, need their parents even after they’re all grown up.
About 6 in 10 parents say they’ve helped their young adult children financially within the past year, according to a report released earlier this year from the Pew Research Center. The most common forms of assistance? Household expenses, cell phone bills and subscriptions to streaming services.
“Parents have always helped their children, but one of the real questions is, ‘How much is too much?’” says Anne Lester, author of “Your Best Financial Life.” The answer, she explains, depends on how much parents can afford to help, as well as each family’s parenting values.
To navigate the challenge of helping young adults achieve financial independence, money experts suggest these strategies:
Talk about money early
Setting up young adults for self-sufficiency starts when they’re younger and still living at home, says Mindy Oglesby, certified financial planner and founder of Oglesby Wealth Strategies in Watkinsville, Georgia.
To help children become financially independent as adults, she says, “it’s important to help them with the mindset of making small sacrifices for something they want,” she says. For example, kids can earn an allowance by doing chores around the house.
Then, Oglesby adds, once they have their own money to manage, parents can show them how to apply a budgeting strategy and immediately put some of that money into a savings account for the future. They can also use a portion to buy something they want, like a toy. “It teaches them to set goals and work for things,” she says.
Rose Niang, CFP and director of financial planning at Edelman Financial Engines, says it’s also helpful to talk to your children about money steps you’ve taken for yourself, such as paying off credit card debt or saving for retirement. “These are conversations that can be sprinkled in anytime, and it will help them later,” she says.
Consider charging rent
As those kids become adults, living at home with parents is a popular way to delay bigger expenses. About 57% of young adults between ages 18 and 24 live with their parents, according to the Pew report. Most say they contribute financially to the household in some way. That can include paying for groceries, bills or rent.
Charging young adults to live at home is a good way to foster financial independence, Oglesby says, especially if the parent puts those “rent” payments into a savings account for the child to one day use toward their own home.
The ideal amount of “rent” really depends on each individual situation, she says, adding that “not everyone will be able to contribute,” and that’s OK, too. It can be a goal they work toward.
Help with specific purchases
Instead of providing blanket financial support, Lester suggests assisting young adults with specific expenses, such as helping them make a down payment on a first home or covering food and rent while they are looking for a job or in school. “Because if you just have an open checkbook, nobody learns,” she adds.
Niang says it can also be helpful to focus on helping a young adult with their “needs,” such as food and housing, while letting them figure out how to handle “wants,” such as a new car or concert tickets, on their own.
Set realistic deadlines
Niang suggests setting and communicating realistic deadlines so your kids can prepare for when parental support runs out. For example, you could tell your child that as soon as they start their first real job with a steady paycheck, they will be taking over payments for their cell phone bill.
Coinciding with milestones, like a first job, helps greatly, Niang adds.
Elaine King, CFP and founder of the firm Family and Money Matters, says withdrawing financial support is easier on young adults if it’s done slowly. Parents might want to reduce their support of lifestyle costs from 100% to 80%, then 50% before getting to zero. “Don’t do it all at once so they can get an additional job or adjust,” she says.
Help them build their own wealth
Lynnette Khalfani-Cox, a personal finance expert and author of “Bounce Back: The Ultimate Guide to Financial Resilience,” suggests helping young adult children in ways that help them build their own wealth, a technique she calls the “wealth starter kit.”
For some, this approach can include purchasing property for children, which she did for her own kids. When her daughter was in college, she and her husband bought a condo for her to help her establish in-state residency for school. That helped keep tuition costs down while also providing her a place to live and an asset that grew in value over time.
“This investment strategy paid off in spades,” Khalfani-Cox says. It worked so well that she and her husband repeated the strategy with their son. She emphasizes that each child is different and some may need more support than others.
A similar but less expensive way to help adult kids build their wealth could be to help them set up retirement accounts and figure out an ongoing strategy for helping them grow.
Protect your own finances along the way
One of the most important rules for parents is to first make sure their own finances are shored up before offering support to their adult children. According to the Pew report, 36% of parents who helped their young adult children financially in the past year say it has hurt their own personal finance situation at least some amount.
“Try to show them in your own life that you are being financially stable,” Oglesby suggests. “You’re leading by example.”
Kansas City, Missouri, is a place where Midwestern charm meets urban flair. Known for its legendary barbecue, rich history, and welcoming community, this city has a lot to offer to those who decide to call it home. But, like any city, Kansas City isn’t for everyone. Whether you’re drawn by the affordable cost of living, the vibrant arts scene, or the city’s strong sports culture, there are certain things you need to know before making the move. Not sure if KC is for you? Read on to find out what to expect if you’re considering a move to the Kansas City area in 2024.
You know it from: 42, Kansas City, The Assassination of Jesse James
Average 1 bedroom rent: $1,320 | Kansas City apartments for rent, Kansas City houses for rent
Average home price: $301,000 | Kansas City homes for sale
Average cost of full-service moving services: $158/hr for 2 movers
Average cost to rent a moving truck: $19 – $39/day
Top industries: Biosciences, Technology, Distribution
Move here for: Live music, the food, the nightlife
Be sure to bring: A bathing suit and an instrument
1. The barbecue is a way of life
Kansas City is world-famous for its barbecue, and locals take it very seriously. From iconic spots like Joe’s Kansas City Bar-B-Que to lesser-known gems like Q39, the city offers an unparalleled BBQ experience. Expect to debate with friends over which joint has the best ribs, burnt ends, or brisket. Barbecue isn’t just food here; it’s a part of the culture. Whether you’re hosting a backyard cookout or tailgating at a Chiefs game, barbecue will be front and center.
2. Kansas City has four distinct seasons
In Kansas City, you’ll experience all four seasons in full force. Summers are hot and humid, with temperatures often climbing above 90°F, while winters can bring snow and ice, with temperatures dipping below freezing. Spring and fall are more moderate, offering beautiful blooming flowers and vibrant autumn leaves. If you love variety in your weather, you’ll be right at home here. Just make sure your wardrobe can handle everything from tank tops to parkas.
3. The cost of living is lower than the national average
One of the best things about Kansas City is its affordability. The cost of living is about 6% lower than the national average, which means your dollar stretches further here. Housing is particularly affordable, with a variety of options ranging from historic homes in Brookside to modern apartments Downtown. This affordability is a big draw for future residents. You’ll find that your money goes a lot further in Kansas City than in many other major metropolitan areas.
4. The arts scene is surprisingly vibrant
Kansas City might not be the first place you think of when it comes to the arts, but the city has a thriving creative community. The Crossroads Arts District is a hub for galleries, studios, and live music venues. The Kauffman Center for the Performing Arts hosts world-class performances, and the Nelson-Atkins Museum of Art offers free admission and a stunning collection. From First Fridays in the Crossroads to jazz in 18th & Vine, Kansas City’s arts scene will keep you inspired.
5. The food scene goes beyond barbecue
While Kansas City is known for its barbecue, the city’s food scene has much more to offer. You’ll find everything from farm-to-table restaurants in Westport to authentic Mexican cuisine in the Historic Northeast. The River Market is a foodie’s paradise, with fresh produce, local vendors, and a variety of international foods. Whether you’re craving comfort food or fine dining, Kansas City’s culinary landscape has something for every palate.
6. Kansas City is home to a strong sports culture
Sports are a big deal in Kansas City. The city is home to the Kansas City Chiefs, one of the NFL’s most passionate fan bases, and the Kansas City Royals, a team with a storied history in Major League Baseball. Sporting Kansas City, the city’s Major League Soccer team, also has a dedicated following. Whether you’re tailgating at Arrowhead Stadium or catching a game at Kauffman Stadium, sports are a major part of life here. Don’t be surprised if game days feel like holidays.
7. The city is divided by a state line
One unique aspect of Kansas City is that it straddles the state line between Missouri and Kansas. While Kansas City, Missouri, is the larger and more vibrant part of the metro area, many residents live and work on both sides of the line. This can create some confusion, especially when it comes to taxes and school districts. Understanding the differences between the two states is key to navigating life in the metro area.
8. The city’s jazz heritage is still alive and well
Kansas City has a rich jazz history, and you can still hear its influence today. The 18th & Vine Jazz District is home to the American Jazz Museum and the historic Blue Room, where live jazz performances keep the tradition alive. The city’s jazz scene isn’t just for history buffs—new generations of musicians are continuing to push the genre forward. If you’re a fan of live music, you’ll find plenty to enjoy in Kansas City’s jazz clubs.
9. The job market is diverse and growing
Kansas City has a diverse and growing job market, with opportunities in healthcare, finance, technology, and more. Major employers include Cerner, H&R Block, and Garmin, as well as a burgeoning startup scene. The city’s central location also makes it a hub for logistics and transportation. With a low unemployment rate and a relatively low cost of living, Kansas City is an attractive place for job seekers.
10. Public transportation is improving, but still limited
While Kansas City has made strides in improving public transportation, it’s still a car-centric city. The streetcar system downtown is free and convenient, but it only covers a small portion of the city. Buses are available, but routes can be limited depending on where you live. Most residents rely on their cars to get around, so having a vehicle is almost essential. If you’re moving from a city with extensive public transit, this could be an adjustment.
11. The community is big on civic pride
Kansas Citians are proud of their city, and that pride shows in everything from the upkeep of public spaces to the support of local businesses. You’ll see KC logos on everything from hats to T-shirts, and locals are quick to boast about the city’s attributes. The pride extends to the city’s history, architecture, and neighborhoods. If you move to Kansas City, you’ll likely find yourself becoming a part of this enthusiastic community spirit.
12. The city’s neighborhoods each have their own vibe
Kansas City’s neighborhoods are diverse and each offers a unique experience. The Country Club Plaza is known for its upscale shopping and Spanish-inspired architecture, while the Crossroads District is a hub for art and creativity. Westport is the place to be for nightlife, and Brookside offers charming homes and a strong sense of community. No matter what kind of environment you’re looking for, there’s likely a neighborhood in Kansas City that will feel like home.
13. Outdoor activities are plentiful
If you love the outdoors, Kansas City won’t disappoint. The city has over 200 parks, including the expansive Swope Park, which is home to the Kansas City Zoo, Starlight Theatre, and miles of hiking trails. Nearby, you’ll find lakes for boating and fishing, as well as the scenic Katy Trail for biking. Whether you prefer a leisurely walk in Loose Park or a more adventurous outing at Cliff Drive, Kansas City offers plenty of ways to enjoy the outdoors.
Methodology: Average rent prices sourced from Rent.com August 2024. Home prices sourced from Redfin August 2024. Average moving costs sourced from MoveBuddha. Employment data sourced from KC Today.
In the Blue Mounds Driftless Area of Black Earth, Wisconsin, a $4,500,000 property offers ranch-worthy acreage, a grand 5-bedroom home, a custom horse barn, and a slew of standout amenities.
Among them: a private airstrip and helicopter pad, so the future owners won’t have to spend any time in traffic trying to get here.
The property is listed with Shelly Sprinkman of Sprinkman Real Estate — but not for long. The listing is already marked as “Contingent” on Zillow.com, which means Shelly may have already secured a buyer in the short time the house has spent on the market (it was listed merely a month ago).
So let’s take a quick look at this sprawling Wisconsin property — before a buyer takes it off the market.
Like Fancy Pants Homes’ content? Be sure to follow us on MSN
A 234-acre spread anchored by a 5-bedroom main house
Photo credit: Menocal Pictures / Sprinkman Real Estate
Summing up the merits of the Blue Mounds property, listing agent Shelly Sprinkman with Sprinkman Real Estate tells us that “This beautifully updated home sits on an expansive 234 acres, offering a unique combination of amenities rarely found in one place.
“With its own airstrip, helicopter pad, private pond, and a custom barn featuring five horse stalls, this property is truly one-of-a-kind. It’s not just a home; it’s a lifestyle.”
The main house has over 5,000 square feet
Photo credit: Menocal Pictures / Sprinkman Real Estate
At the center of it all stands a two-story home with 5,180 square feet of living space, 4 bedrooms, a gourmet kitchen, and a primary ensuite with vaulted ceilings.
The interiors have been extensively renovated
Photo credit: Menocal Pictures / Sprinkman Real Estate
Originally built in 1993, the Wisconsin house has been extensively renovated at the hands of Associated Housewrights, a Madison-based residential design-build firm specializing in remodeling, additions, and new home projects for south-central Wisconsin clientele.
And feature an open floorplan and gourmet kitchen
Photo credit: Menocal Pictures / Sprinkman Real Estate
Inside, we find bright, light-filled interiors thanks to the open floor plan with soaring wood-planked ceilings. Highlights include a captivating grand staircase, and a gourmet kitchen with premium Sub-Zero + Wolf appliances.
There’s a barn with 5 horse stalls
Photo credit: Menocal Pictures / Sprinkman Real Estate
Also on the grounds of the property, we find a masterfully constructed barn featuring 5 horse stalls and panoramic views.
See also: Inside a luxury $7.75M Southampton house with Kentucky Derby-winning horse ties
An equestrian lover’s dream
Photo credit: Menocal Pictures / Sprinkman Real Estate
“The custom barn, designed with five horse stalls, adds to the property’s unique appeal, making it perfect for equestrian enthusiasts or those looking for unparalleled space and luxury,” Sprinkman says.
A collection of outdoor amenities
Photo credit: Menocal Pictures / Sprinkman Real Estate
Outside amenities include a spacious deck, a sweeping paver patio, covered seating areas with al-fresco dining, and a large pond visible from inside the house (and from most of the seating areas). The generous acreage also allows for many more amenities to be added.
Including an airstrip & helicopter pad
Photo credit: Menocal Pictures / Sprinkman Real Estate
The highlight of the property’s amenity roster caters to the ultra-rich: the Wisconsin house has an airstrip and helicopter pad, ensuring future owners won’t have to spend time in traffic when heading to their 234-acre Wisconsin compound.
“Nothing else like it” on the market
Photo credit: Menocal Pictures / Sprinkman Real Estate
As the listing agent rightfully points out, “This property represents a once-in-a-lifetime opportunity in this area. There is nothing else like it currently on the market. With the combination of a beautifully updated home, extensive land, and extraordinary amenities, it’s an exceptional value at $4.5 million.”
But interested parties should act quickly, Shelly shares: “Given the current market conditions, this property is a rare gem that is unlikely to be available for long.”
Window of opportunity closing fast
Photo credit: Menocal Pictures / Sprinkman Real Estate
As previously mentioned, the house is already under contract, a little over a month after listing for sale, an unusually short amount of time for million-dollar listings, which typically take far longer to secure a buyer. This means Shelly was proven right when she said that it likely won’t be available for long.
Nevertheless, potential buyers should still reach out to her — just in case the deal falls through.
More stories
You can buy the house Prince built for his mom near Minneapolis for $699K
Taliesin, Frank Lloyd Wright’s Wisconsin house and its three (tragic) lives
Where does Warren Buffett live? The billionaire’s modest house in Omaha
Detroit, Michigan is a city of contrasts—where history meets innovation, and challenges inspire creativity. Known as the Motor City, Detroit’s story is one of resilience and reinvention, attracting those who appreciate a city with a unique character and a strong sense of community. Having lived in Detroit for over a decade, this guide offers an insider’s perspective on what you need to know before making the move. Whether it’s the thriving art scene, the abundance of green spaces, or the city’s distinctive neighborhoods, there’s much to love about Detroit. Not sure if the Motor City is for you? Read on to find out what to expect if you’re considering a move to the Detroit area in 2024.
You know it from: 8 Mile, Don’t Breathe, Detroit Rock City
Average 1 bedroom rent: $1,660 | Detroit apartments for rent, Detroit houses for rent
Average home price: $85,000 | Detroit homes for sale
Average cost of full-service moving services: $140/hr for 2 movers
Average cost to rent a moving truck: $19 – $39/day
Top industries: Automotive, Defense, Transportation and Logistics
Move here for: The people, the art scene and the music
Be sure to bring: Your snow boots and your (preferably classic) car
1. The revitalization is real, but it’s a work in progress
Detroit has made headlines for its comeback story, and it’s true—the city is experiencing a renaissance. Neighborhoods like Midtown and Corktown are buzzing with new businesses, restaurants, and cultural events. However, the revitalization is still ongoing. Some areas, like downtown, have transformed dramatically, while others are still catching up. This juxtaposition means you’ll see vibrant new developments alongside areas that are still working through challenges.
2. The Motor City is a car lover’s paradise
Detroit’s nickname, the Motor City, isn’t just for show. It’s the birthplace of the American automotive industry, and cars are woven into the fabric of the city. The Detroit Auto Show is a must-see, and you’ll notice a deep appreciation for all things automotive across the city. If you’re a car enthusiast, living here is like being in a never-ending car show. From classic car meetups in Royal Oak to the Woodward Dream Cruise, the car culture in Detroit is unmatched.
3. Detroit’s food scene will surprise you
Detroit’s culinary scene has quietly become one of the most diverse and exciting in the country. From the legendary American Coney Island hot dogs to authentic Middle Eastern cuisine in Dearborn, there’s something for every palate. The Eastern Market area is a foodie’s dream, offering fresh produce and unique eats from local vendors. New restaurants are popping up regularly, adding to the city’s growing reputation as a food destination.
4. The art scene is bold and unapologetic
Detroit’s art scene is as dynamic as the city itself. The Detroit Institute of Arts is world-renowned, featuring works from Van Gogh to Rivera’s iconic murals. But beyond the galleries, Detroit is a canvas for street art and public murals, with the Eastern Market and the Grand River Creative Corridor showcasing local talent. The city’s art scene is gritty, raw, and uniquely Detroit—reflecting the resilience and creativity of its residents.
5. You’ll need to embrace all four seasons
Detroit experiences all four seasons in full force. Summers can be hot and humid, while winters are cold with significant snowfall. Fall and spring are mild but brief. If you’re moving from a warmer climate, prepare for the long winters and invest in some serious winter gear. However, each season brings its own charm, from vibrant fall foliage to cozy winter nights with a view of the snow-covered landscape.
6. Public transportation options are limited
Detroit is a city built for cars, and it shows. While there are some public transportation options, like the QLine and SMART buses, they’re limited and not as comprehensive as in other major cities. Most residents rely on their cars to get around. If you’re moving to Detroit, owning a car is almost a necessity unless you live and work within the same neighborhood or in areas like Midtown or downtown.
7. Detroit is sports-obsessed
If you’re a sports fan, Detroit is the place to be. The city is home to four major professional teams: the Lions (NFL), the Tigers (MLB), the Red Wings (NHL), and the Pistons (NBA). Sports are a big deal here, and you’ll find fans who are fiercely loyal, win or lose. Whether you’re catching a game at Comerica Park or Little Caesars Arena, the energy and passion of Detroit’s sports culture are palpable.
8. The cost of living is reasonable—especially for a major city
Compared to other major cities, Detroit’s cost of living is relatively low. Housing is affordable, with a range of options from historic homes in neighborhoods like Indian Village to modern lofts downtown. Groceries, utilities, and other essentials are also reasonably priced. This makes Detroit an attractive option for those looking for big-city amenities without the hefty price tag.
9. The city’s music legacy is legendary
Detroit is synonymous with music. It’s the birthplace of Motown, and the legacy of artists like Stevie Wonder, Marvin Gaye, and Diana Ross still echoes throughout the city. Today, the music scene is just as vibrant, with venues like the Fillmore and the Fox Theatre hosting concerts regularly. Whether you’re into jazz, rock, or techno (which was also born in Detroit), you’ll find something that resonates with you.
10. Detroit’s neighborhoods each have their own personality
Detroit is a city of neighborhoods, each with its own distinct vibe. Corktown is known for its historic charm and trendy eateries, while Greektown is the place to go for lively nightlife. If you’re into the arts, Midtown’s galleries and theaters will be your go-to. And for those who want a quieter, more residential feel, neighborhoods like Rosedale Park offer beautiful, tree-lined streets. Choosing the right neighborhood can make a huge difference in your Detroit experience.
11. Outdoor enthusiasts will love the city’s parks
Detroit might be an urban landscape, but it doesn’t lack green spaces. Belle Isle Park, an island park in the Detroit River, is a gem, offering everything from hiking trails to a conservatory. The Dequindre Cut Greenway is perfect for biking and walking, connecting downtown to the Eastern Market. If you enjoy spending time outdoors, Detroit’s parks provide a much-needed escape from the hustle and bustle of city life.
12. The city’s history is palpable everywhere you go
Detroit’s history is rich and complex, and you can feel it in every corner of the city. From the historic architecture in neighborhoods like Brush Park to the iconic Michigan Central Station, Detroit’s past is ever-present. The city’s role in the automotive industry, civil rights movement, and music scene has left an indelible mark. For history buffs, living in Detroit means being surrounded by stories that shaped not just the city, but the entire nation.
13. Education is a mixed bag
Detroit’s educational landscape is diverse, with a mix of public, private, and charter schools. While some schools offer excellent programs, others face challenges, so researching schools is essential if education is a priority. Institutions like Wayne State University and the College for Creative Studies offer higher education opportunities, and there’s a strong focus on vocational training as well.
14. The entrepreneurial spirit is strong
Detroit is a city where entrepreneurs thrive. The rise of small businesses and startups is evident in neighborhoods like Corktown and Midtown, where you’ll find independent shops, cafes, and innovative ventures. Programs like Motor City Match provide funding and support for entrepreneurs, making it easier for new businesses to take root. If you’re considering launching a business, Detroit’s supportive ecosystem and affordable real estate make it an attractive option.
Methodology: Average rent prices sourced from Rent.com August 2024. Home prices sourced from Redfin August 2024. Average moving costs sourced from MoveBuddha. Employment data sourced from Detroit Regional Chamber.
Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. In this episode:
Learn how you could save money by caring less about what other people think and how to weigh the pros and cons of a job offer.
How can you save money by not caring about others’ opinions? How does commute time factor into whether you should take an in-person job? Hosts Sean Pyles and Sara Rathner discuss freeing yourself from the pressures of social validation and adopting smart spending habits to help you understand how these approaches can boost your financial well-being. They begin with a discussion of saving money by “not caring,” with tips and tricks on avoiding unnecessary spending influenced by social media influencers, focusing on purchases that genuinely make you happy, and recognizing the fleeting dopamine rush from new buys. They also delve into strategies such as choosing unique vintage clothing, the benefits of a capsule wardrobe, and making thoughtful car-buying decisions.
Then, hosts Elizabeth Ayoola and Sara Rathner talk to Andrew, a listener in Miami, about his decision to start a new job that would increase both his salary and his commute time. They discuss the trade-offs of job changes, the impact on work-life balance, and questions you can ask yourself to help align your career progression with core values.
Check out this episode on your favorite podcast platform, including:
NerdWallet stories related to this episode:
Episode transcript
This transcript was generated from podcast audio by an AI tool.
Sean Pyles:
Teddy Roosevelt once said, “Comparison is the thief of joy.” But if you’re not careful, it can also be the thief of your hard-earned money.
Sara Rathner:
In this episode, we’ll help you find ways to save money by simply not giving a hoot about what people think.
Sean Pyles:
Welcome to NerdWallet’s Smart Money Podcast. I’m Sean Pyles.
Sara Rathner:
And I’m Sara Rathner. Later in this episode, I am joined by our co-host, Elizabeth Ayoola, to talk with a listener about how they should weigh the pros and cons of accepting a job offer that requires a big lifestyle change. Is a bump in salary necessarily worth it?
Sean Pyles:
But first, we’re going to talk about how you can save money and probably your self-esteem by not caring what people think or comparing yourself to others. If you are a millennial who was bullied into purchasing crew socks because the TikTok youths made you feel bad about your ankle socks, this segment is for you.
So, Sara, I know this idea of not caring what other people think, not basing your self-worth on how you stack up to others, and using it as a way to save money is something that’s been top of mind for you lately, right?
Sara Rathner:
It actually came up in a Slack conversation with a coworker where we joked about having to Google certain Gen Z phrases to find out what they mean. And I remember being 22 in my first full-time job, and coworkers at the time would ask me to define millennial slang, and now I’m the old. It’s kind of freeing not understanding what people are talking about sometimes.
Sean Pyles:
That’s true.
Sara Rathner:
I mean, part of it is the lived experience. You just let time pass, and you become more comfortable just being you. You’ve just been you for a longer period of time, and you accept your flaws. Also, part of it is just buying stuff over the years and then coming to an understanding as to what purchases will bring me greater happiness long-term, and then which won’t. So if something doesn’t matter to me, I don’t follow the trend. A friend of mine who’s a couple of years older than me once told me that the decade of life I’ve just entered is the FU 40s, where you reach this level of peace. You focus on what’s important to you, and the rest just kind of fades away. And you know what? She was right. The second I turned 40, my ability to care just really went down. It might be because I have a toddler and my ability to care is just pretty low.
Sean Pyles:
Yeah. Your priorities have shifted.
Sara Rathner:
Yeah, mostly it’s just about preventing him from falling off of stuff at this point.
Sean Pyles:
That’s a good thing to focus on.
Sara Rathner:
I don’t have time to care about anything else.
Sean Pyles:
Sara Rathner:
So anyway, my point is this: I am going to continue to use the ankle socks I already own and love. Thank you.
Sean Pyles:
And that is your right. Okay. Let’s talk about how people can vanquish the allure of comparison or caring what people think about you and using consumer purchases to prop up the image that you project to the world. I have a few quick tips here.
First, please remember this simple humbling fact: No one thinks about you as much as you think about you. People are not thinking days later about the new outfit that you wore into the office or the vacation pics that you posted on Instagram because they are too busy thinking about their outfits and their photos that they posted on Instagram.
Next, realize that the dopamine bump that you get from a purchase just doesn’t last. It won’t be long before you are hunting for something else to spend money on that makes you feel good. And put those two facts together, and you can begin to see why spending money on something with the hopes of impressing people just isn’t the best investment.
Sara Rathner:
And again, if something you love is, say, fashion, you’re spending money on something that brings you a lot of joy, you enjoy the creativity of putting outfits together, you enjoy hunting for something that you love in stores, then do it. Just put more of your budget into that and maybe avoid purchases that don’t matter as much so you have more money to fund the things that you love and then also fund your savings because that’s important, but you’re not really spending money to impress people in other areas. I’m not knocking people who like buying clothes. I like it too. Just understand that if there’s one thing you love, you can’t have everything.
Sean Pyles:
Yeah, you’re doing it because you want to do it to make yourself happy, not because you’re trying to impress this vague idea of someone else who might think that you look cool.
Sara Rathner:
Right. And if you’re spending a lot of time scrolling on your phone, you kind of develop these parasocial relationships with social media influencers. They’re not your friends. They’re trying to sell you stuff. They get paid when they sell you stuff. This is a very one-sided relationship, and they’re the only ones that benefit.
Let’s talk about a few specific areas where you can easily cut back on just spending money to look cool. And we’ve talked about fashion and your wardrobe. And the thing is, compared to years ago, clothing quality is total crap even for more expensive items. But on the lower-cost side, you buy a T-shirt or a sweater, wear it once, wash it once, and then it becomes a tissue. Chasing trends, you know, this shape of clothing is in style this season, and this detail is in style that season, and then this color, and constantly buying new and going on these clothing hauls, you are going to have a closet full of garbage after a while.
Sean Pyles:
One of my personal and financial goals for this year was to rethink the way that I consume clothes because I am one of those people that likes to have clothes that make me feel good and that are kind of unique and different. So I set out to not buy any new articles of clothing, as in brand new pieces of clothing from a store. Since I do like getting unique vintage pieces, I allowed myself to shop on eBay where I find a lot of cool stuff or at local thrift stores, and I did let myself purchase things from there. So far this year, I found that I’m spending less on clothing, my environmental impact is lower, and I’m also just much less likely to buy something for the sake of updating my wardrobe to get the latest style or cut of jeans or whatever.
Sara Rathner:
And one thing, if you’re trying to minimize how much clothing you buy as some sort of personal challenge, you could try the capsule wardrobe thing, wear the same 20 pieces of clothing in different ways for a month, and force yourself to be creative, and in a way, that can make you fall in love with some of your old clothing again.
Sean Pyles:
Yeah, God, I have so many pieces of clothing that I’ve not worn in over a year, but I will not get rid of them because maybe one day I will wear them again.
All right, well, let’s talk about another area where you can stop trying to impress people — your car. A lot of people buy or lease a flashy car as a status symbol, but that can be one of the riskiest financial decisions that you can make, especially since the average price of a new car was north of $48,000 in July of 2024 according to Cox Automotive. And new vehicles, which often come with loads of computers and sensors, are also more expensive to repair. So you have an expensive car payment, insurance is not going to be cheap, and repairs will also be pricey. There’s nothing wrong with getting an affordable, reliable used car and just driving it until the wheels fall off. So, Sara, I know that your household recently bought a car, right? So how did you approach that?
Sara Rathner:
Yeah, we bought a used 2022 Honda CR-V hybrid a year ago when prices on used cars finally started to come down somewhat. We traded in a 14-year-old compact car that was worth maybe $1,200 at that point because we needed a car that fit the car seat and the stroller and all that stuff, and the compact car didn’t. We had to push the front passenger seat up all the way to fit the car seat. So, not ideal. It wasn’t great for longer-term family use, and we share one car, my husband and I. So we needed something that worked for all of us—both adults, the baby, and the giant dog.
So I have to say, honestly, this is one of the nicest cars I’ve ever driven. It has all of those fancy safety sensors that are standard now. I have a backup camera for the first time in my life. The thing is, this is not a sexy car; it’s a mom-mobile. The trunk always has reusable grocery bags in it. I’m just in that phase of life, and I hope that we drive this thing long enough that the backseat is eventually filled with my future preteen son and his sweaty friends after soccer practice.
Sean Pyles:
Well, that sounds really well thought out. It’s like the kind of car that fits your needs for where you are in life right now.
Sara Rathner:
Yeah, I was saying maybe one day we’ll hand it to him, and it’ll be his car, and it’ll be like, “This car is older than you.” And it’ll still drive well. That would be ideal.
All right, so Sean, you bought a car a couple of years ago. How did you think about that purchase?
Sean Pyles:
Well, here’s the part where I say that buying a car for the right reasons doesn’t mean that you have to buy a total clunker or something that’s completely utilitarian. I drive a lovely 2016 BMW X1, which I named Bette Midnight after the character Bette Porter from the show The L Word. Maybe TMI, but I do really love my car, and having a BMW might sound fancy and obnoxious, but I got an amazing deal on my car back in May 2020, and my payment is a little under $350 monthly. I justify it however I want to, basically, but here’s why I bought this car.
In high school and in college, I drove a severely busted Honda Civic where the muffler was rusted out and literally dragged on the road behind me. When it came time to get my first big-boy car, I wanted something just a little nicer than that. I will admit that as much as I love my car, I do live with a certain amount of cognitive dissonance where whenever I see a BMW driver on the road, I think, “Wow, that guy’s such a jerk.” And then I realize that that’s me, that I’m the jerk now.
Sara Rathner:
Yeah, I think if every one of us took a moment to really think about it, we’re all the jerk sometimes.
Sean Pyles:
Sara Rathner:
Yeah. So when you see your own face reflected in the window of a BMW that you don’t actually drive, you can just live with that emotion.
Sean Pyles:
Yeah. Give yourself some grace for being a jerk every so often, but within reason.
Sara Rathner:
Yeah, and then just try to be better.
Sean Pyles:
Sara Rathner:
Sean Pyles:
Well, I would say go back to what we talked about in the beginning. Get the car that you want for the right reasons because it’ll make you happy and not because you’re trying to look cool. Also, do a lot of research on the kind of car that you want. When I bought my car back in 2020, I had a spreadsheet, of course, and I listed the models that I was considering, their average annual repair cost, their miles per gallon, among other factors. And then also know your personal numbers, as in how much car you can afford. NerdWallet recommends spending no more than 10% of your monthly take-home pay on your auto payment alone. That’s not including insurance, gas, etc. And if you want to see how much car you can really afford, check out NerdWallet’s Auto Loan Calculator. You can find a link in this episode’s show notes post or by just searching “NerdWallet Auto Loan Calculator.”
Sara Rathner:
Yeah. And once you figure out what you could comfortably afford, then you can just stroll into a car dealership with a bit more confidence. And you should do that because car salespeople can smell uncertainty from several miles away, and they will pounce on you, and then you’ll end up buying the car that is not right for you because of pressure. So you don’t want to deal with that situation. So switching gears…
Sean Pyles:
Pun intended.
Sara Rathner:
Hard joke, right? Pun intended. Let’s talk about one more area where you could save money by not trying to impress people. And that is when you go out of your way to do really expensive stuff just for the goal of bragging about it online. I’m talking meals out where you photograph every dish or taking vacations just so you can post photos of the Eiffel Tower or whatever on social media. And the thing is, if expensive vacations or nice dinners bring you joy, that’s great. I love vacations. I take them as often as I can. That can be a priority in your budget, but just doing it to show off and then going into debt to do those sorts of things isn’t a great idea.
Sean Pyles:
Yeah. I was recently having dinner with a group of people, and one of the folks at the table was talking about their recent travels and how they went to X, Y, Z locale just to check the box and say they’ve been there, not because they particularly cared about the place’s historical or cultural significance. And that struck me as a little bit odd. When you’re traveling, you want to see the important destinations, of course, but that should be because you want to do it for yourself, not because you are impressing people in your social media feed who, again, don’t really care that much about whatever you’ve seen.
Sara Rathner:
Yeah. If you want to go to Venice, Venice is beautiful. You should see it. It’s a lovely city, and I recommend it, but not just for the ‘gram.
Sean Pyles:
Sara Rathner:
It should be because you actually want to go and immerse yourself and get to know people there and just really have a wonderful time and not just hop in for a day, check the box, and run out. Cities deserve our attention. They always do. So this gets to a good question that people should ask themselves whenever they’re making any sort of discretionary purchase, which is simply, why? Why are you spending money on this thing or this experience, and what do you expect it to do for you?
Sean Pyles:
Sometimes the answer is just, “It’ll make me happy.” And that’s actually one of the best answers that you can give. And so far as saving money, there are some really easy ways to have great experiences and not break the bank. Travel-wise, we Nerds often recommend traveling in the off-season if your schedule is flexible. You’re likely to find cheaper airfare, plus you won’t have to elbow your way through hordes of strangers to see the sites.
Sara Rathner:
I think that’s enough on how to save money by not giving a… You could fill in that throat-clearing section with any word you’d like. Before we move on to this episode’s money question segment, a reminder, listener, that we are running another book giveaway sweepstakes ahead of our next Nerdy Book Club episode. Our next guest is Jannese Torres, author of Financially Lit!: The Modern Latina’s Guide to Level Up Your Dinero & Become Financially Poderosa. That means powerful, by the way, which offers tips to young people on how to get started with managing their money.
Sean Pyles:
To enter for a chance to win our book giveaway, send an email to [email protected] with the subject “Book Sweepstakes” during the sweepstakes period. Entries must be received by 11:59 PM Pacific Time on August 22nd. Include the following information: your first and last name, email address, zip code, and phone number. For more information, please visit our official sweepstakes rules page.
Sara Rathner:
All right. Now, let’s get into my conversation with our co-host, Elizabeth Ayoola, and a listener about a big job change that listener is considering.
Welcome to NerdWallet’s Smart Money Podcast, where you send us your money questions, and we answer them with the help of our genius Nerds. I’m Sara Rathner.
Elizabeth Ayoola:
And I’m Elizabeth Ayoola. Now, if you have a money question for the Nerds, call or text us on the Nerd hotline at 901-730-6373. Again, that’s 901-730-NERD. You can also email us at [email protected].
Sara Rathner:
Follow us wherever you get your podcasts. And if you like what you hear, leave us a review and tell a friend. We are back, and we’re joined by a listener, Andrew, who has some questions about the trade-offs of leaving a work-from-home job for one that might pay more. Andrew is 37 years old and lives in South Florida. Welcome to Smart Money, Andrew.
Thanks. Thanks for having me. Big fan.
Sara Rathner:
So before we get into the conversation, a quick reminder that we’re not here to give you individualized financial advice. Our goal is to provide the information you need to make the most informed financial decision for your situation. Does that make sense?
Yes, ma’am.
Elizabeth Ayoola:
All right, awesome. So let’s get into it, Andrew. Now, I know you have some really good questions for us about the trade-offs of leaving your work-from-home gig for one that is in the office but pays more. However, before we get into that, can you talk to us about your financial situation generally right now? Tell us, what are your financial goals, and what are some of your pain points?
Currently, I am building up my emergency fund, which I know you guys are well-versed with that. Three to six months of expenses, erring more towards the six. After that, just looking to automate everything—529, Roth contributions, saving for vacations, saving for a new car. Real estate-wise, we’re all set. We own one, are landlords on two others. Not looking to rent, not looking to move anytime soon. So I’d say we’re stable. We only have the mortgages, no other debt.
Sara Rathner:
And tell us a little bit about your home and family situation. Who else lives with you? Who are you supporting? What are you working for basically?
I got the missus and two little ones. One is in grade school now, so that daycare payment stopped, thankfully, but the other one is still in it for another two years. That’s a pain point just because there’s not going to be any tuition or scholarship until she’s four. So we have at least a year or two of these monthly payments. That’d be the biggest pain point right now.
Sara Rathner:
And you mentioned having a spouse. Are they also working?
She’s a props master, which is a super cool job—gets to make things and see them on stage in theater productions—but that doesn’t pay what I would call a living wage, and that’s also part-time. She’s the primary transporter of the children and making sure they’re clothed and shuttled around to all their activities.
Sara Rathner:
So you got a call from a recruiter about a new job that might pay a decent amount more, might be enough of an incentive to leave the job that you have now, but it’s in an office and you live in a really high-traffic city. So you want to tell us a little bit about that and what questions that potential opportunity has brought up for you?
Definitely. As we know, a couple of years ago, we experienced quite the phenomenon worldwide, which shifted everyone to working from home. Honestly, it was kind of a dream for me, even pre-pandemic. 2016, 2017, I thought to myself, “All I need is a laptop, and I can do almost everything from home” at the job that I was at. And I did do that sometimes, even back then. I’d come home and work more; I’d still have to go to work in the morning.
So post-pandemic, it’s been a blessing for a lot of people. I feel, at least me personally, I’ve gotten to get in shape and hang out in a very pivotal time in the kids’ lives, from zero to six. But Miami, in particular, poses its challenges. One, it’s a high-cost-of-living city. The switching costs of moving closer to our central business districts is not easy. The traffic is pretty bad, but what’s worse is likely the road rage, as Miami is the first and third place road rage capital of the country. So that’s where the stress versus money payoff comes into play.
Sara Rathner:
And I will say this, that I loved your question because Elizabeth and I are both intimately acquainted with South Florida traffic. I’m from Miami originally, Elizabeth is living in South Florida. I learned to drive in Miami, so I know that road rage too well. How long would your commute be, and how much more money are we talking?
So commute minimum would be an hour, and this is 20 miles, maybe less.
Sara Rathner:
And this is each way?
Each way. It’s likely closer to 80 minutes, 90 minutes. And if there’s an accident or something, it might even be two hours each way. And I believe the position when I first emailed you guys was four days a week in the office, maybe five days a week in the office. For where that one was located geographically, it just didn’t make sense to basically give up 10, 12, 14 hours a week just in the car. I’d get to listen to a lot of your guys’ podcast for sure, but I’d run out of that pretty quick. The money, anywhere from $60,000 to $70,000 increase. I tried running an analysis—extra gas, extra wear and tear, oil, increased tax. Given where that one was, I think the resounding response and what all the Redditors told me was absolutely not.
Elizabeth Ayoola:
What comes to mind for me, I always find these scenarios a great way to revisit your core values. I think a good way, especially for listeners who may be in this kind of dilemma, to weigh it out is to think about what your values are and think about what your ideal life looks like. I know for me personally in my career, that has been a guiding light for me. I know before this job, I was working at a job that was pretty comfortable, but I had to go to the office every day, and one of my highest values is flexibility and freedom. So being able to have the freedom to work from home and choose my lunchtime or maybe do a quick workout in between meetings is really important to me. So did you find that you weighed your values when you were kind of making this decision as well? I know you just mentioned things like taxes and other kind of quantifiable things, but did you think about your values as well?
I did. And I don’t know if it’s a faux pas to mention another money expert on this show, but I listened to and read Ramit Sethi, which I’m sure you guys are familiar with him, and he talks about the concept of your rich life. And for the majority of the people he talked to, fixed income is way too high. Their income-to-housing cost is way too high. We’re in an okay position there to where I don’t need necessarily to earn $50,000 more, but part of my rich life, as silly as it may sound, is now Brazilian jiu-jitsu, and the gym is 12 minutes away, and I can go every night or as much as my wife would allow.
If I’m working a downtown job, getting home at 6:45, hungry, have to go to the bathroom, then I don’t know that I’m going to have the energy to then go out and fight. And that’s my primary way of keeping in shape. So I just know that if I take a downtown job where I’m there every day, getting my Chipotle every day for lunch, it’s likely going to cause some health implications.
Sara Rathner:
It’s funny because when you sent us this question, it seemed like you hadn’t yet made the decision, and in that time you have, and in this case, you decided not to pursue this opportunity. But in the future, if you were faced with a similar potential opportunity, a similar decision, is there a number or a type of role that would make you say yes? What in your value system might make you make a different decision in the future?
Interesting you should mention that because a mere 90 minutes ago, I was talking to a recruiter who messaged me on LinkedIn, but she presented a pretty interesting opportunity. The increase in base pay would be about $42,000, which is less than the other job, but it’s also closer. And this one’s hybrid—three in, two home. So despite less money, I do get two days back, and it’s about an hour total, less commuting per day. The role itself is non-managerial, which at this stage, that interests me a little more just with the little ones that I’m already managing at home. I don’t necessarily want a team of five or six analysts under me that I need to manage as well. The talk went fine with the recruiter, and she’s going to pass along my info to the in-house recruiter. So that one’s a little bit more compelling, even though it’s less money, which I guess reveals to me that I really do value the time and the travel more than the dollars.
Sara Rathner:
And I asked some questions about your family life because I think when you have a two-partner household and maybe one person brings in more money, it’s very easy to continue chasing even more money because that’s your role. You’re the one that is largely the financial breadwinner. And I like to hear that you’re also thinking about the effect it might have on everybody that’s at home, not just your children but also your wife, because your greater absence would put more on her plate with no additional income on her part, and it might even interrupt her ability to continue earning an income because there’s just more at home to do while you are not physically there. It’s not just about the money; it’s also about the time, and getting to use your own bathroom is the best.
Yeah, that’s true.
Elizabeth Ayoola:
It is. And I will just add, I personally think there are some scenarios where you may sacrifice convenience a little bit if you have a financial goal. I definitely know last year that was the situation for me. I was behind on my retirement savings, and I basically picked up a whole bunch of freelance work to try to boost my retirement savings. So it did mean that I had less free time. But it’s nice to have a timeframe. If someone else, again, another listener, is in this scenario and decides, “Hey, I really need that extra $60,000 or $70,000,” to maybe have a timeframe to it and say, “Maybe I can do this for two or three years just so I can accomplish my goal.” And then I can circle back to whatever lifestyle I was living before, if that is a possibility.
Yeah. And I think from a long-term goal, my experience has been that whenever I’ve switched jobs, I’ve gotten more, and that more has now become my new floor. I’ve never taken a pay decrease, fortunately. That might not be the experience for everyone, but that’s been my experience. It’d be almost preposterous for me to two or three years from now request $175,000 as a base, getting paid what I’m getting paid now. Whereas this most recent opportunity would put me in striking distance, base and bonus, of the 200s. So there’s also the long-term 5-10 year consideration. But what if we have more children? What if we want private school? What if we want to buy a single-family in the city? That’s at least a million dollars to buy a single-family in the city. Those are some other considerations I’m going through.
Sara Rathner:
Yeah, braces and summer camp don’t pay for themselves, unfortunately.
Elizabeth Ayoola:
Sara Rathner:
As your kids get older, your family’s needs get more complicated. Just when you think daycare tuition is off your plate…
Sara Rathner:
…in come the travel sports.
Sara Rathner:
So Andrew, you mentioned that obviously a really great way to boost your salary over time is to switch jobs. You typically get bigger salary bumps when you switch companies than you would if you were to stay put and just accept periodic raises. But in your current job, in your current industry, your current employer, do you see opportunities to bloom where you’re currently planted and perhaps pursue higher salary positions, promotions, or even just make the case for a major salary bump and not have to switch jobs and start going into an office?
I would say yes. I work for a very, very large bank, which means we have a lot of departments. Fortunately, the powers that be are very pro-horizontal mobility, get experience in this department, this specialty area, and then not necessarily, you could always come back, every department has their staffing need, but you still have those relationships, which is a very cool culture and one of the reasons I like where I’m at. I’ve also been promoted once, asked for a decent raise—nothing out of this world, a couple percentage points—but they’ve been granted.
There is some wiggle room within my position, and then if I’m willing to make sort of a not horizontal, not vertical move, sort of a lateral move, diagonal, that could be $10,000 to $15,000. And lastly, my boss has expressed interest in me taking their job and then them getting promoted. Honestly, that’s not something I’m looking to do right now. Again, don’t want to add stress, but again, I might hit a ceiling in my rank, and that’s the next logical step. So I’ve been thinking about that, but not something I’m really wanting to do within the next six months, I would say. So there is some opportunity where I’m at, but I can’t just come out and say, “Hey, I want a 40% raise. Look what they’re trying to pay me.”
Sara Rathner:
Another thing to think about too is as you move up the ranks in your career and you’re approaching your 40s, for a lot of people, it means management or at least a senior-level position that’s not management, but also recognizing what extra hours are you potentially going to have to work in this new role? Are you still going to be able to cut it at a 40, maybe 50 hours a week position, or suddenly there are going to be increased demands on your time?
Yeah, I think company culture is huge. At my former employer a couple of employers ago, they had what I would call a Wall Street culture, which personally, it just wasn’t for me—the 7:00 to 7:00 minimum and then the ambitious people working Saturday and Sunday. Kudos, I hope you have a yacht by now, but that just wasn’t for me. Fortunately, where I’m at has more of a Main Street culture. Obviously, as a manager, I would be subject to more deadlines and responsibilities to those above me and managing the people below me to make sure that we can fulfill all our deadlines. But I wouldn’t see myself working till 6:30 or 7:00. They’re very big on PTO, and when you’re on PTO, they’re very good on work-life balance, which is another reason I like where I’m at.
Sara Rathner:
So one more thing to think about, if you were to take an opportunity in the future that even is a hybrid role, and this is something that people might realize if they transition from work-from-home to hybrid or a fully in-person position: are there any home tasks that you will need to pay to outsource to make up for the fact that you’re not physically present to help with those tasks? And is that something that you would need to work into your budget to make working away from home possible for you?
For the first one, even though it was even more money than the second one, I thought, “Well, I’m just going to have to hire a maid and a chauffeur.” So what’s even the point when I could do those things and it’d be a wash? I’d be working more, and then I guess I’d stimulate the economy by hiring two people. But I’m not really looking to be an economic stimulant other than through spending. As we free up cash flow from what were former debt payments, we could bring someone in to tidy the home. I think that’s the first thing people usually look to do, at least us upwardly mobile Miamians. If I’m meeting all my investment quotas, then why not?
Sara Rathner:
That’s definitely the first thing I outsourced in the home. Using your money to free up your time is, to me, such a tremendous use of money. It can be used to add convenience, not just stuff, but also the absence of something that you have to do is incredibly powerful. So yes, definitely, if you increase your salary and want to increase your quality of life in some ways by outsourcing some tasks, then that is a great use of money. It allows you to be around for your family more often too.
I think a lot of it is how you frame it as well. My friend, who’s in construction, does it quite well. He’s willing to take a pay decrease if he can work a third less hours because he always calculates on a per-hour basis. Which if someone tells me their hourly salary now, I couldn’t tell you if that’s a lot or little because I haven’t been hourly in years. So him being salaried, he always does that exercise, and he’s like, “Oh, I’m getting paid $6 more per hour, but I have to work 30% more. Absolutely not worth it.” Like, what does $6 get you? But I just did the exercise for role two, and I did it on a monthly after-tax, what it would come out to. And it’s enough to cover mortgage and daycare—just the raise after tax.
So when it’s framed like that, that tells a pretty compelling story. Like, “Oh, would you switch jobs and have to drive eight more hours if just the increase would pay for your mortgage and your daycare?” which are most people’s biggest expenses. That sounds pretty good. But when you frame it, do you want to spend 8 to 10 hours a week in Miami traffic and possibly get rear-ended and have people cutting you off? There’s almost no amount of money that you’d want to get paid to do that. So I think the framing is just a very, very interesting concept as well.
Elizabeth Ayoola:
So Andrew, tell us now, we’ve had this conversation, after this conversation, what are you thinking? Do you feel like you have more tools to consider if or when another tantalizing offer comes along for a new job?
I think I do. And shout out to the NerdWallet website, there’s a tax estimator calculator on there where you can put your filing status, your age, your household income. From a strictly math standpoint, I think it’s easy. From a value standpoint, it’s definitely more nuanced. So thank you guys for your time and your input as well.
Sara Rathner:
Yeah, no, we’re happy to be part of your decision-making journey because this is something that I think a lot of people go through as they progress in their careers and as their lives get more full and potentially more complicated in hopefully good ways, but sometimes hard ways too. So if you’re out there listening and you’re weighing a potential job change or you’re itching to change jobs, it’s absolutely not just a financial exercise, but it is also a values exercise.
Elizabeth Ayoola:
It absolutely is. And for me, values usually take the cake. But I say that knowing that I have certain privileges, and I’m able to choose. I know not everyone has that option.
So on that note, that’s all we have for this episode. Now remember, we are here for you and your money decisions. So turn to the Nerds and call or text us your question at 901-730-6373. That’s 901-730-NERD. You can also email us at [email protected]. Visit nerdwallet.com/podcast for more information on this episode. And remember, you can follow the show on your favorite podcast app, including Spotify, Apple Podcasts, and iHeartRadio. And what happens there is you’re able to automatically download new episodes.
Sara Rathner:
And here’s our brief disclaimer: We are not financial or investment advisors. This nerdy info is provided for general educational and entertainment purposes and may not apply to your specific circumstances.
Elizabeth Ayoola:
And with that said, until next time… turn to the Nerds.
If you’ve been looking for a rental of any kind, you know how tough the hunt can be. Dozens of applicants for each vacancy, stricter credit, income, and referral requirements from landlords, bidding wars. These are, unfortunately, all part of navigating today’s tough rental market.
The culprit is a national housing shortage that has been brewing for more than a decade. After the housing crash of 2008, new construction of homes and rental units slowed dramatically. An uptick in building was later offset by supply chain and other pandemic-related delays. Meanwhile, rising mortgage rates made owning a home less affordable, prompting lots of would-be buyers to stay put in the rental market. The result? During the height of the rental crunch in early 2022, apartment occupancy hit an all-time high of 97.6% and rents jumped an average of 15.2% throughout the country.
Although the rental market has cooled somewhat since then, rents remain high and lower-cost rental units are in especially high demand. About half of people who rent are considered cost-burdened, meaning they spend more on rent than the recommended 30% of income.
If you’re competing in a tight rental market — or just competing for an affordable rental to call home — these four steps can help you anticipate what landlords are looking for and help you present yourself as the ideal tenant.
Tips to Get Approved for a Lease
Step 1: Know Your Number
Determine just how much you can afford for housing costs.
The advertised or asking rent is just the beginning. You’ll also need to take any fees, utilities, maintenance, parking, and renters insurance into account. If it’s been a while since you signed a new lease, you may need to adjust your estimates for these costs upward. Moving to a new area? Whether you’re renting or in the market for a house (and a home loan), check out a cost of living by state breakdown to get a feel for the numbers.
Take into account the possibility that you might find yourself in a bidding war. In the heat of the moment, you may outbid the others but also end up with an apartment you can’t comfortably afford. To avoid this scenario, determine your ideal monthly payment and stick to that number, no matter how tired you are of the apartment hunt.
Step 2: Prepare Your Rental Resume
Apply for a rental the same way you approach applying for a job. You want to make sure you fulfill all of the requirements, and then some.
The first step to getting approved for an apartment is usually filling out an application online. Be sure to do so accurately and thoroughly. When the time comes to see the place, you’ll help make your case if you bring the following:
Copies of Your Credit Reports
Landlords routinely do background and credit checks on applicants they are considering. Offering a copy of a credit report gives them on-the-spot information. If something on your report is confusing, you can attach your own letter of explanation.
Most landlords will look for a good FICO® score (670 to 739) or higher. Find your credit score on a loan or credit card statement or through an online credit score checker. Or get it for free from Experian.
Proof of Employment and Income
Landlords want to know that you can comfortably afford the rent. To prove you can, you could bring copies of your past three to six months of pay stubs, a copy of your most recent tax return, and contact information for your current employer. (This may be more than the landlord is asking for, but it helps build your case.)
Some, but not all, landlords also require employment history information. Having a list of former employers and their contact information on hand can help speed up this process. Even if it’s not required, the list helps paint a more complete picture of why you’re a trustworthy candidate.
References
Be ready to present credit references, which may include character references and asset documentation. Personal references from your boss, a co-worker, or another nonfamily adult who can vouch for you are a good idea. The landlord or agent may not call these people, but having them on your list is a sign of your professionalism and trustworthiness.
Landlords probably also will want the names, locations, and contact information of any previous landlords. A stellar rental history can help put you ahead of the crowd, so you want to make it easy for the agent or landlord to check on you.
If you’ve had trouble making rental payments, it’s best to be honest and offer an explanation.
Documentation for Service or Assistance Animals
According to the Fair Housing Act, a person with a disability may seek a “reasonable accommodation” from a housing provider so that they may have an equal opportunity as a nondisabled person to use a dwelling, even one that otherwise does not allow animals. The disability can be physical or mental.
Service animals, defined as dogs, are not considered pets, and housing providers cannot charge fees or deposits for them.
So-called emotional support animals have ruffled feathers throughout the country. First, applicants with assistance animals must make a request for reasonable accommodation, and not necessarily in writing. If the disability is not observable, they must provide reliable information — typically a letter from a medical provider or therapist — to the housing provider showing that the animal provides assistance.
Beyond that, the U.S. Department of Housing and Urban Development (HUD) does not allow housing providers to seek personal details of a person’s medical history. Importantly, HUD says that online certificates alone are not sufficient to reliably establish that a person has a nonobservable disability or disability-related need for an assistance animal.
So if you have assistance animals, it’s a good idea to bone up on the laws, which can be complicated, and have professional documentation.
Step 3: Show an Interest
It may sound trite, but landlords and rental agents are reassured when they know that someone really wants to live in the property. At a time when demand is high, this can be even more important as landlords become inundated with calls or online requests.
If you’ve visited the property before, have a friend in the same complex or nearby, love the neighborhood, or even appreciate the architecture or amenities, be sure to say so. Landlords want to know you’ll enjoy living there and, in turn, take good care of your new home.
Step 4: Prepare to Pay
Many leases have been lost when an early and promising applicant is ready to rent but doesn’t have the funds available.
Make sure you bring your checkbook or an electronic payment option so you can pay your security deposit, first month’s rent, and whatever else is required immediately. And, of course, make sure you have the funds available, while still leaving room in your budget to also cover moving expenses.
Move-in money can obviously be a challenge to come up with. If it’s several thousand dollars, a personal loan could help.
Did you snag the apartment or house? Once you move in and exhale, undertake a few renter-friendly updates to help you make the space your own.
Recommended: How Home Ownership Can Help Build Generational Wealth
The Takeaway
It’s a challenging time to look for a rental. But preparing thoroughly before you start your hunt and taking steps to show landlords your qualifications and genuine interest can help you stand out in the crowd. In this rental squeeze, however, some house hunters may find that it makes more sense to build equity in their own home than to pay rent.
Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% – 5%*) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It’s online, with access to one-on-one help.
SoFi Mortgages: simple, smart, and so affordable.
FAQ
How do I impress a potential landlord?
Make sure you fill out the rental application fully. When you tour the apartment, bring along a copy of your credit report, proof of employment and income, and contact information for some character references. Then express genuine interest in the property — comment on the building or neighborhood, for example — to show you’ll be invested in caring for your rental home.
What kind of background check do most landlords do?
A background check from a potential landlord might include a review of your credit history, employment and income history, and even a criminal background check. Some landlords also check for a history of eviction. They may also contact a former landlord or ask you for a character reference from a friend or colleague.
How much money should I have saved before renting an apartment?
You’ll want to have at least three months’ worth of rent saved before you start apartment hunting — the equivalent of your first and last months’ rent plus a security deposit. What’s more important, though, is that you have carefully considered the full cost of renting — including paying for utilities, renter’s insurance, and perhaps expenses such as parking. A good rule of thumb is that your housing expenses should not exceed 30% of your take-home pay.
Photo credit: iStock/cnythzl
SoFi Loan Products SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
SoFi Mortgages Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility for more information.
*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.
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.
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.
Tax Information: This article provides general background information only and is not intended to serve as legal or tax advice or as a substitute for legal counsel. You should consult your own attorney and/or tax advisor if you have a question requiring legal or tax advice.
Living in Hawaii offers unique experiences, from stunning landscapes to fascinating culture. Whether you’re looking to rent in Honolulu or searching for an apartment in Hilo, these fun facts about the Aloha State will give you more reasons to appreciate this island paradise.
1. Hawaii is the only U.S. state composed entirely of islands.
Hawaii consists of 137 islands, but only eight are considered the main islands. The largest island, Hawai’i (also known simply as the Big Island) is more than twice the size of all the other islands combined. Oahu, home to the capital city Honolulu, is the third-largest island.
2. The Hawaiian language has only 13 letters.
The Hawaiian alphabet includes five vowels (A, E, I, O, U) and eight consonants (H, K, L, M, N, P, W, and the ʻokina). The ʻokina, a glottal stop, acts as a letter in the language. Many place names in Hawaii include repetitive sounds, reflecting the language’s simplicity.
3. Hawaii has its own time zone with no daylight saving time.
Hawaii follows Hawaii-Aleutian Standard Time (HST), which is 10 hours behind Coordinated Universal Time (UTC-10). The state does not observe daylight saving time, so the time difference with the mainland changes throughout the year. In the winter, Hawaii is two hours behind the West Coast, but during the summer, it’s three hours.
4. Hawaii is the only state that grows coffee commercially.
While most states have to import their coffee, Hawaiians can enjoy it fresh from the source. The rich volcanic soil and ideal climate make Hawaii perfect for coffee farming. Kona coffee, grown on the Big Island, is famous worldwide for its smooth, rich flavor. Coffee farms can also be found on Maui, Oahu, and Kauai. The industry plays a significant role in the local economy, attracting many tourists. Living in Hawaii means you can enjoy fresh, locally grown coffee daily.
5. The islands of Hawaii are still growing.
The Hawaiian Islands were formed by volcanic activity, and this process continues today. Kīlauea, one of the world’s most active volcanoes, constantly adds new land to the Big Island. The island’s southeastern coast has seen significant changes in recent years due to lava flows. Volcanic activity also creates black sand beaches, which are unique to the area..
6. Hawaii was once an independent kingdom.
Before becoming a U.S. state, Hawaii was an independent kingdom with its own monarchy. King Kamehameha I united the islands in 1810, establishing the Kingdom of Hawaii. The monarchy lasted until 1893, when it was overthrown by American and European settlers. In 1898, Hawaii was annexed by the United States, and it became the 50th state in 1959.
7. Surfing was invented in Hawaii.
Surfing, a sport now enjoyed worldwide, originated in Hawaii. Ancient Hawaiians viewed surfing as more than a sport; it was a spiritual experience. The chiefs, or ali‘i, often competed in surfing, showcasing their strength and skill. Today, Hawaii remains a global surfing destination, with famous spots like Waimea Bay (near Pupukea) and the Banzai Pipeline. Living in Hawaii, you can embrace this sport’s deep cultural roots.
8. Hawaii is home to the world’s largest dormant volcano.
Mauna Kea, located on the Big Island, is the world’s largest dormant volcano. Standing over 13,800 feet above sea level, it is taller than Mount Everest when measured from its oceanic base. The summit often receives snowfall in winter, making it a unique spot in tropical Hawaii. The clear skies above Mauna Kea make it a prime location for astronomical observatories.
9. Hawaii has no snakes.
Due to strict laws and natural barriers, Hawaii remains snake-free. The state takes this seriously, as introducing snakes could harm the delicate ecosystem. The only snakes you might see are in zoos or brought illegally, with severe penalties for smuggling them.
10. Hawaii celebrates its own holidays.
Beyond the usual U.S. holidays, Hawaii celebrates several unique ones. King Kamehameha Day on June 11 honors the first king of the Hawaiian Islands. Prince Kuhio Day on March 26 commemorates the birth of Prince Jonah Kūhiō Kalanianaʻole, a Hawaiian royal. The Aloha Festivals, held annually in September, celebrate Hawaiian culture with parades, music, and hula.
11. Hawaii has the highest life expectancy in the United States.
Hawaii consistently ranks as the U.S. state with the highest life expectancy. The combination of a healthy diet, active lifestyle, and strong community ties contributes to this longevity. The state’s natural beauty and relaxed pace also reduce stress, promoting well-being. Residents often enjoy fresh seafood, tropical fruits, and outdoor activities year-round. Living in Hawaii seems to be a key to a long and healthy life.
12. Rainbows are a common sight in Hawaii.
Hawaii’s unique climate and topography create prime conditions for rainbows. The islands’ frequent rain showers and abundant sunshine result in vibrant rainbows, often visible across the sky. Double rainbows are also a regular occurrence, adding to the islands’ natural beauty. The state is also nicknamed the “Rainbow State” for this reason.
13. Hawaii has the most isolated population center on earth.
Hawaii lies over 2,000 miles from the nearest mainland, making it the most isolated population center on the planet. This remoteness creates a unique culture and lifestyle distinct from the rest of the U.S. Unfortunately, this isolation also affects the cost of living, as many goods must be imported. However, it also fosters a strong sense of community among residents.
14. Hawaii is home to the world’s most active volcano.
Kīlauea, located on the Big Island, is the world’s most active volcano. It has been erupting almost continuously since 1983, creating new land and reshaping the island’s landscape. The eruptions often draw visitors, eager to witness the molten lava flows. Despite the dangers, many people live nearby, drawn by the fertile land and stunning scenery.
15. Hawaii has a ban on billboards.
To preserve its natural beauty, Hawaii has banned billboards across the state. This law, enacted in 1927, ensures that the islands’ stunning landscapes remain unobstructed. Instead of advertisements, the scenery takes center stage as you travel through the islands. This absence of billboards contributes to the state’s peaceful, unspoiled atmosphere.
Oklahoma City, or OKC as the locals call it, is a city full of surprises. Known for its welcoming community, diverse job market, and rich cultural offerings, it’s no wonder the city has seen a surge in new residents. But moving here isn’t without its challenges. From unpredictable weather to a fast-paced housing market, there are a few things you need to know before making the move. Not sure if The 405 is for you? Read on to find out what to expect if you’re considering a move to the Oklahoma City area in 2024.
You know it from: Thunderstruck, Twister, Musical Drama
Average 1 bedroom rent: $1,035 | OKC apartments for rent, OKC houses for rent
Average home price: $646,000 | OKC homes for sale
Average cost of full-service moving services: $147/hr for 2 movers
Average cost to rent a moving truck: $19 – $39/day
Top industries: Aviation, Biotechnology, Energy
Move here for: The people, low rent, and excellent BBQ
Be sure to bring: A raincoat and a good weather app
1. The weather is as unpredictable as it gets
Oklahoma City weather is a rollercoaster. Summers are scorching with temperatures often exceeding 100°F, while winters can surprise with sudden ice storms. Severe thunderstorms and tornadoes are part of life here, especially in the spring. Be prepared for seasons that sometimes seem to change within a single day.
Moving Tip: You’ll get accustomed to keeping a close eye on the weather but investing in a good weather app is a must.
2. Cost of living is affordable, but housing moves fast
Oklahoma City is one of the more affordable metro areas in the U.S., with a cost of living nearly 15% below the national average. However, the housing market is hot. Homes and apartments often get snapped up quickly, especially in popular neighborhoods like Nichols Hills and Paseo. For renters and buyers alike, it’s crucial to act fast if you find something you love.
3. The job market is diverse and growing
The job market in OKC is booming, especially in sectors like energy, aerospace, and healthcare. Tinker Air Force Base is one of the largest employers, providing thousands of jobs. With a relatively low unemployment rate, the city offers plenty of opportunities for career growth. However, some industries are more competitive than others, so it’s essential to research before making the move.
4. Bricktown is the entertainment hub
Bricktown is the heart of Oklahoma City’s nightlife and entertainment. From catching a minor league baseball game at Chickasaw Bricktown Ballpark to enjoying live music along the canal, there’s always something happening. The area is also home to some of the city’s best restaurants and bars, making it a go-to spot for both locals and visitors. Just be ready for the crowds, especially on weekends.
5. Traffic is surprisingly manageable
For a city of its size, Oklahoma City’s traffic is relatively mild compared to other major metros. The city’s grid layout and wide streets help keep things moving. While rush hour can slow you down, it’s nothing compared to places like Dallas or Houston. Interstate 35 can get congested during peak times, but overall, getting around is a breeze.
6. Parks and outdoor spaces are everywhere
Oklahoma City is home to over 170 parks, offering plenty of green space for recreation. The 17-acre Myriad Botanical Gardens in downtown is a favorite for both relaxation and events. For those who enjoy water activities, Lake Hefner is a hotspot for sailing, fishing, and picnicking. The city’s commitment to expanding its park system is evident, making it a great place for outdoor enthusiasts.
7. A growing food scene with local flair
Oklahoma City’s food scene is on the rise, with an emphasis on local and farm-to-table options. Whether you’re craving barbecue, Tex-Mex, or something more eclectic, the city has you covered. The Plaza District and Midtown are popular dining destinations, offering a mix of trendy eateries and established favorites. Don’t leave without trying a fried onion burger, a local specialty.
8. Public transportation is improving but still car-dependent
While the city has made strides in public transportation with the EMBARK bus system and the downtown streetcar, OKC is still largely car-dependent. Most residents rely on their vehicles to get around, as public transit options are limited in coverage and frequency.
Moving Tip: If you plan to live here, having a car will make life much easier, especially outside of the downtown area.
9. The arts and culture scene is underrated
Oklahoma City’s arts and culture scene is diverse and growing. The Oklahoma City Museum of Art houses an impressive collection, including a stunning exhibit of Dale Chihuly glass. The Paseo Arts District is a vibrant community of galleries, studios, and festivals. The city’s Western heritage is celebrated at the National Cowboy & Western Heritage Museum, a must-visit for history buffs.
10. Sports are a big deal
Oklahomans are passionate about their sports, and Oklahoma City is no exception. The city is home to the NBA’s Oklahoma City Thunder, and game nights at the Paycom Center are electric. College football is another major draw, with fans loyally supporting the University of Oklahoma and Oklahoma State University. Whether you’re a die-hard fan or a casual observer, sports culture is hard to miss here.
11. Tornado preparedness is a way of life
Living in OKC means accepting the reality of tornadoes. The city is located in Tornado Alley, and severe weather is most common from April to June. Residents take tornado preparedness seriously, with many homes equipped with storm shelters. Local news stations provide excellent weather coverage, ensuring you’re informed and ready to take action if needed.
12. The city is spread out
Oklahoma City is one of the largest cities in the U.S. by land area, meaning it’s spread out and often feels suburban. While this gives residents plenty of space, it also means that getting from one part of the city to another can take time. Neighborhoods like Edmond and Yukon are technically part of the metro area but can feel like separate towns due to the distance.
13. A tight-knit community with a small-town feel
Despite its size, OKC has a close-knit community vibe. The city’s residents are known for their friendliness and hospitality. Whether you’re at a neighborhood event or grabbing a coffee at a local shop, you’re likely to strike up a conversation with a stranger. This sense of community makes the city feel more like a small town, which can be a refreshing change from larger urban centers.
14. Oklahoma City loves its festivals
From the Oklahoma State Fair to the Festival of the Arts, there’s no shortage of events in Oklahoma City. The city’s festival calendar is packed year-round, celebrating everything from food and music to arts and culture. The annual Red Earth Festival is a standout, showcasing Native American art and traditions. These events are a great way to experience the local culture and meet new people.
15. Rapid development and growth
Oklahoma City is growing rapidly, with new developments popping up all over the metro area. The downtown area has seen significant revitalization, with new apartments, offices, and attractions being built. This growth brings excitement but also challenges, such as increased traffic and rising housing costs. Staying informed about new projects and changes in the city will help you navigate the evolving landscape.
Methodology: Average rent prices sourced from Rent.com August 2024. Home prices sourced from Redfin August 2024. Average moving costs sourced from MoveBuddha. Employment data sourced from Greater Oklahoma City Chamber.
I started making extra money and side hustling around 15 years ago, and since then I have done over 20 different side hustles. I started so that I could stop living paycheck to paycheck, and so that I could pay off my student loans quickly (I ended up paying off $40,000 in student loans in…
I started making extra money and side hustling around 15 years ago, and since then I have done over 20 different side hustles.
I started so that I could stop living paycheck to paycheck, and so that I could pay off my student loans quickly (I ended up paying off $40,000 in student loans in just 7 months thanks to side hustling!).
Some were short-lived, while others turned into steady streams of income (and are even my full-time income today). Each side job taught me something valuable about money, time, and effort. I juggled everything from reselling clothes online to being a virtual assistant, mystery shopping, answering online surveys, having roommates, and more.
There isn’t one best way to make extra money; it depends on what you’re good at, what you like, how much time you have, and more.
If you want to start a side job, my experiences can help you decide. I’ll tell you what I learned from each one I tried, so you can see the pros and cons of each.
My Side Hustles Review
Below is my review of the different side hustles I have tried over the years. These are in no particular order.
A picture of me blogging from several years ago 🙂
1. Blogging
Blogging can be a great way to earn money while writing about topics you love. I’ve done it for years and have seen how it can grow from a hobby into a full-time job.
I enjoy blogging for many reasons such as:
It’s flexible – You can blog from anywhere, anytime.
It’s affordable to start – You just need a computer and internet.
It’s a great creative outlet – Share your thoughts and passions with the world. I enjoy blogging and running a website.
While there are a lot of great reasons to start a blog, there are some challenges such as it can be time-consuming and there is no guarantee that you will make money.
When I first started my blog, I was working over 40 hours a week on it and making nothing. It took me 6 months to make my first $100 from it, actually!
But, it was all worth it in the end.
Blogging used to be my side hustle and it is now my full-time job where I have earned over $5,000,000 over the years.
I would definitely say that blogging is my favorite side hustle.
For me, it was a great second job because I could work on my blog before my day job, during lunch, after work, and on weekends. You can make your own schedule, which is a big bonus!
You can learn more about how to begin in my free How To Start a Blog Course here.
2. Paid online surveys
Paid online surveys are a way to make some extra cash when you have spare time. With just a few clicks and some honest answers, you can see money rolling in.
Companies want to know what customers think about their products and services and that is why they pay for surveys. By sharing your opinions, you help them improve and develop better offerings. In turn, they pay you for your time and insights.
You usually can earn anywhere from $0.50 to $5 per survey, depending on the length and how hard the survey is. And, surveys can take anywhere from around 10 minutes to an hour, so they are not high paying.
I’ve taken a lot of surveys over the years, and what I like about them is that you can do them whenever you want – in the morning, during lunch, before bed – whenever it works for you. There’s no strict schedule, and they are really easy to do.
My tips for success:
Sign up for multiple sites: This increases your chances of getting more surveys and making more money.
Complete your profile: Some survey sites match you to surveys based on your profile.
Be honest: Giving truthful answers ensures you stay eligible for more surveys.
Payment methods are typically cash via PayPal, bank transfer, or free gift cards (such as to Amazon, Walmart, Starbucks, and more).
You won’t get rich from these surveys, but it’s a nice way to earn some side cash. I know that some people think that surveys are a waste of time – but I know several people (including myself) who liked doing them because they are so flexible. I think the right mindset to have is that they will definitely not make you rich, and some can take a long(er) time to earn $5.
The survey companies I recommend signing up for include:
American Consumer Opinion
Survey Junkie
Swagbucks
InboxDollars
Branded Surveys
Prime Opinion
Five Surveys
PrizeRebel
Pinecone Research
3. Focus groups and paid research studies
You can make money by participating in focus groups. Companies pay for your opinions to improve their products and services.
This is similar to paid online surveys, but paid research studies and focus groups typically pay more.
User Interviews is a popular site where you can find paid research studies and focus groups.
Big companies like Pinterest, Spotify, Macy’s, Home Depot, Trip Advisor, and Amazon use User Interviews to get feedback on their new products, apps, and websites.
You can make $50 to $100 per hour, or even more, just by sharing your thoughts and feedback.
I did a user interview myself and got paid $400 for just one hour of work. It was easy, and everything was done online through a video call where they asked for my opinion on a new feature for a website.
Please click here to learn more about User Interviews.
Also, if you’re interested in paid medical research studies, then that can be a high-paying option as well. When my husband was younger, he took part in a few medical research studies to help us make extra money. He usually got paid about $1,000 for a week’s worth of time.
4. Dividends
Okay, so this isn’t exactly a side hustle, but it is a way that you can make more money so I wanted to include it here, especially since it’s one of my favorite ways to increase my income.
Dividends are an awesome way to earn passive income. You don’t need to do much work, and the money comes in. Many companies pay dividends to their shareholders regularly.
Here are a few benefits of investing in dividend stocks:
Regular income: You can receive payments quarterly or even monthly.
Low effort: Once you buy the stock, you don’t have to do much else.
A dividend is a portion of a company’s profits given to its eligible shareholders. You can receive dividends in cash, stock, or even options to buy more stock.
If you own shares in a company that pays dividends, you’ll get a dividend for each share you own.
For example, if you have 10 shares in Company XYZ and they pay $5 in cash dividends each year, you’ll get $50 in dividends for the year. Dividends are usually paid out quarterly, which means 4 times a year. So, in the example, the $5 in yearly dividends would likely be paid as $1.25 per quarter for each share you own.
You can learn more at What Are Dividends & How Do They Work? A Beginner’s Guide.
5. Buy and sell flipping
Flipping items is a great side hustle, and this is when you buy items at a low price and sell them for more.
The benefits of buy and sell flipping include:
Flexibility: You can flip items in your free time.
Profitable: Potential to earn anywhere from $50 to $5000 a month.
Fun: The thrill of finding good deals and making a profit.
I have flipped many items for resale over the years, and I even had a small reselling business at one point. It’s a fun way to make extra money.
While flipping items by buying and selling them for profit can be exciting, it has some downsides. One big risk is that you might not always make a profit, especially if the market drops or you overestimate the item’s value. It can also take a lot of time to research products, find good deals, and manage your listings. There’s tough competition too, as many people are trying to flip items, which can lower prices.
You can learn more at How I Made $40,000 In One Year Flipping Items.
6. Sold clothing
Selling used clothing can be a great way to make extra money. You can find clothes to sell in many places: thrift stores, clearance aisles, garage sales, and even your own closet.
For me, I liked to sell clothing on eBay as well as in person to places like Plato’s Closet. There are many more options these days, such as Poshmark and Facebook Marketplace.
Selling used clothes as a side hustle has its ups and downs. On the plus side, it has low start-up costs because you can start with clothes you already own, and it’s eco-friendly, supporting sustainable fashion. You also get to work on your own schedule, and there’s a high demand for secondhand clothes, especially trendy or vintage items. But it can take a lot of time to sort, clean, photograph, and list the clothes. Plus, shipping costs can cut into your profits, especially for heavier items.
I’ve sold a lot of clothing over the years, both online and in person (I also used to work at a secondhand clothing store for many years). I even had a small clothing resale business at one point, so I have plenty of experience in selling used clothes!
You can learn more at 16 Best Places To Sell Clothes For Cash.
7. Social media management
Social media management is a great side hustle if you enjoy creating content and engaging with people online.
Social media managers handle businesses’ social media accounts like Facebook, Instagram, and Twitter. They create posts, reply to comments, and help grow their followers.
Some benefits include:
Flexible hours: Many times, you can work anytime, making it easy to fit around your main job. This is because you can schedule social media posts to go out at the exact time that you want.
You can be creative: You can express your creativity through different types of content.
Work from anywhere: All you need is a laptop and internet.
But, there are some cons too. This wasn’t my favorite side hustle, mainly because it was stressful at times. It is very time-consuming (creating good content and engaging with followers can take a lot of time), there is constant learning (social media trends change quickly, so you need to keep learning new skills), and some clients may have high expectations and tight deadlines.
If you like being creative and spending time online, social media management can be a fun and rewarding side hustle.
8. Virtual assistant
Being a virtual assistant is one of my favorite side hustles. It’s flexible, and you can work from anywhere. You handle tasks for other people or businesses, like managing emails, scheduling appointments, or doing research.
Why I like virtual assisting:
Flexible hours: You set your own schedule.
Work from home: No need to commute.
Variety of tasks: You can decide what virtual assistant tasks you want to provide.
Working as a virtual assistant is a great way to make extra money. It gives you flexibility, a variety of tasks, and you can get started with just a computer and an internet connection.
You can learn more at Best Ways To Find Virtual Assistant Jobs.
9. Freelance writer
As a freelance writer, you get to write for different clients and websites. You can work from home and set your own hours. This side hustle can be very flexible, especially if you enjoy writing.
I’ve been a freelance writer for many years, and I really enjoy it. I’ve written for lots of different websites and companies, and I’ve made good money doing it.
The positives of being a freelance writer include:
Flexible schedule: You can write during your free time.
You get to decide what you want to write about: You get to write about different topics.
Work from home: No need for a commute.
There are some cons, though, such as income can vary, with some months being busy while others are slower. Finding clients requires actively searching to keep work steady. Plus, meeting deadlines can also be stressful, adding pressure to the job.
Freelance writing is a great side hustle if you love to write and want to make extra money. It takes time to build a steady income, but it can be very rewarding.
You can learn more at 14 Places To Find Freelance Writing Jobs – (Start With No Experience!).
10. Receipt scanning apps
Using receipt scanning apps is an easy way to earn some extra money. You just take a picture of your receipts from shopping, and these apps give you points or cash back. Here are some of the best apps to try:
I’ve been using receipt-scanning apps for years, and I love how easy they are to use. You can earn points or cash without spending much time. Plus, since I already have the receipts, it’s great to make some extra money by doing almost nothing.
My favorite receipt-scanning apps are:
I like to use both Fetch Rewards and Ibotta on all of my receipts (yes, at the same time to stack rewards).
Receipt-scanning apps can be handy, but they do have some downsides. One of the main drawbacks is that the rewards are usually small, so it can take a while to earn a significant amount. You also have to remember to scan receipts regularly, which can be time-consuming and easy to forget.
For me, though, I like to use them on all of my receipts as it only takes a quick moment to do.
11. Mystery shopping
When I had student loans to pay off, I turned to mystery shopping to make extra money. It didn’t make me rich, but it helped increase my income and allowed me to enjoy some free meals and free stuff (like free makeup and household goods).
Mystery shopping involves acting like a regular customer and then reporting on your experience. You might review a restaurant, shop at a store, or even evaluate a phone call. Companies use your feedback to improve their service.
What I like about mystery shopping:
Extra cash (typically $10 to $15 per mystery shopping task)
Free items or meals (you’re usually given an amount to spend in the store or restaurant)
Flexible schedule
Mystery shopping helped me make around $100 to $200 a month.
Joining a reliable mystery shopping company is important, though, as there are a lot of scams. I used Bestmark and had a good experience with them.
Mystery shopping won’t replace a full-time job, but it’s a fun way to make some extra money.
You can learn more at How To Become A Mystery Shopper.
12. Babysitter
Being a babysitter is a flexible side hustle. You can choose your own hours and accept jobs that fit your schedule.
Parents often need help on weekends or evenings, which can be perfect if you are busy during the day.
What I liked about babysitting:
Good pay – around $15 to $25 per hour (depending on where you live)
Helps develop responsibility
Flexible hours
Of course, there are downsides to being a babysitter, such as it can be tiring watching kids for long periods, and sometimes this side job means that you’ll be working late nights or weekends.
I was a babysitter when I was younger and I really liked it. The kids I babysat were fun to be around!
13. Coaching
Coaching can be a great side hustle. You get to help people grow and achieve their goals. It also offers flexibility because you get to be your own boss and decide your work hours.
I used to offer blog coaching in the past, and I enjoyed helping people learn how to grow their blogs and make money blogging.
It was also really easy for me to do, as I have been blogging for many years and have learned a lot about what to do and what not to do.
If you have the expertise and enjoy motivating others to improve, then there is probably a topic that you can coach others on.
14. Course creator
Creating an online course can be a game changer for your income. I launched my first course, Making Sense of Affiliate Marketing, in July 2016. Within the first year, it brought in around $434,698. This wasn’t due to any fancy marketing techniques but mainly through word-of-mouth.
Even though the course was successful, it didn’t come easy. I was nervous about it, especially since it was my first. I had worries that no one would be interested. Plus, many people said that your first course usually isn’t great.
Yet, the desire to help others understand affiliate marketing kept me going. By sharing my knowledge, I aimed to help bloggers increase their income. Online courses are beneficial because they can include interactive materials, workbooks, and community support, which go beyond what an ebook offers.
Here are some success stories from my course:
One student increased their monthly income from $272 to $4,400.
A new blogger got their first affiliate sale just two days after taking the course.
Another went from earning $87 a month to over $1,700 the next month.
And I have helped countless bloggers earn well over $100,000 a year from their blog and turn it into a full-time income.
Creating a course is a lot of work, but it can also be very rewarding. It allows you to reach a wider audience and can become a substantial income stream. If you have knowledge to share, you may want to try creating your own online course.
This is a business idea that I recommend more people start! I enjoy taking courses from people and sign up for them all the time. I love learning, and so do others.
You can learn more at How I’ve Made Over $1,000,000 From My First Course Without a Big Launch.
15. Affiliate marketing
Affiliate marketing is one of the most popular side hustles. It’s easy to start and doesn’t need a lot of money up front.
You promote products and earn a commission for every sale made through your referral link. This can be done on social media, a blog, a YouTube channel, and more.
What I like about affiliate marketing:
Low start-up cost: You don’t need much money to start.
Flexible schedule: Work when you want.
Passive income: You can earn money even when you’re not working.
Affiliate marketing can be a fun and profitable side hustle. Just remember to stay patient and persistent!
You can learn more at What You Need To Know About Affiliate Marketing For Beginners.
This small house we owned had 4 bedrooms and we rented out two of them.
16. Rent out a room in your home
Renting out a room in your house can be a simple way to make extra money. If you have unused space, like a spare bedroom or basement, you can turn it into a rental.
I have had several roommates in the past, and I liked this side hustle a lot.
What I liked about making extra money by renting out a spare room:
Extra income to help pay the mortgage
If you have unused space, then this can be a good way to fill it
Of course, there are challenges to having a roommate, and it isn’t always perfect. Sometimes, it can be hard to share common spaces (like the kitchen and bathroom), and it can also take time to adjust to someone else’s lifestyle.
Renting out a room isn’t for everyone, but it can provide steady income with minimal effort.
17. Shop at cash back websites
Shopping at cash back websites is an easy way to earn extra money. These sites give you a percentage of your purchase back as cash. You just have to sign up, shop through their site, app, or browser extension, and earn rewards.
I like cash back sites because they are easy to use and you don’t have to pay anything extra for using them.
Shopping through cash back sites can give you a nice little bonus on things you already planned to buy. It’s like getting paid to shop.
My favorite cash back sites are:
Rakuten (for online shopping like clothing, home goods, etc.)
Upside (for gas)
Honey (for online shopping like clothing, home goods, etc.)
Fetch Rewards (for groceries)
18. Earn credit card rewards
Using credit cards (the smart way) can help you earn rewards like cash, travel points, and more.
I’ve been using rewards credit cards for years, and now they’re the only cards I use. They help me save money on travel, earn cash back, and more.
By choosing the right credit card and using it wisely, you can enjoy great rewards and make the most of your spending.
Remember, carrying a balance on your credit card can lead to interest charges, which can outweigh the benefits of rewards. Always try to pay off your full balance each month to avoid these fees.
You can see my favorite credit card rewards at Best Rewards Credit Cards For This Year | What You Need To Know.
19. Brand ambassador
Being a brand ambassador is one of the more popular side hustles.
You represent a company and help promote its products. Often, you act as a public spokesperson. You can find opportunities on Facebook and many cities have brand ambassador groups where gigs are posted.
Brand ambassadors can earn between $15 to $20 per hour. Some high-end gigs can pay up to $100 per hour.
Benefits of this side hustle include flexible hours and the chance to work for brands you like. You may be able to get free products or swag, too, and this is one thing I really liked about being a brand ambassador in the past.
20. Newspaper delivery
Delivering newspapers can be an easy way to make money. It’s a job you can do before school or work, and it lets you get exercise too. You may drive, ride your bike, or walk to each house and leave the newspaper by the door.
The benefits of newspaper delivery include:
Exercise: If you walk or ride your bike, you can get plenty of fresh air and exercise.
Scheduling: Most routes are in the early morning, so you still have the rest of the day free.
Tips: Some customers might give you tips during holidays or for good service.
But, there are some downsides, with the main one being that you typically have to wake up really early for this job. For newspaper delivery, you usually have to wake up very early in the morning, often around 3:00 to 5:00 AM. The exact time depends on how big your delivery route is and what the newspaper company requires. The goal is to have all the newspapers delivered by the time most people wake up, usually around 6:00 or 7:00 AM, so starting early is really important.
The other main negative is that a big collection of newspapers is, of course, heavy!
When I was younger, I helped a friend’s family with their newspaper run whenever I slept over at their house. They used their van to deliver a bunch of newspapers, and I got to tag along.
21. Help others with their resume
Helping others with their resume can be a rewarding side hustle. You can earn extra money while also making a big difference in someone’s job hunt.
When I was in my last year of college as well as about a year after I graduated, I helped several people with their resumes. I didn’t charge a lot (and many times worked for free or for a free meal), but I liked looking at resumes and finding ways to make everything sound better.
I was also really good at it and it came so easy to me!
Some benefits of this side hustle include:
Flexibility: You can do this from home.
High demand: Many people need help with their resumes.
Work at your own pace: There’s no rush, and you can take on as many clients as you want.
By helping others with their resumes, you can earn money and provide help. It’s a great way to use your skills and make a difference in someone’s life.
22. Enter contests and giveaways
Entering contests and giveaways can be a fun and rewarding side hustle. You will definitely not win every time, but the more you enter, the higher your chances. People have won cash, gift cards, vacations, and electronics through these events.
You can spend a little time each week entering different contests. You can find them online, on social media, and in emails from brands you follow. Some people set aside about an hour each week to enter as many as they can find.
I found success this way. For example, I once won $10,000 from a financial blog’s anniversary contest, and this was a major win early on in my side hustle journey.
Remember, entering contests should be fun. Think of it as a hobby that could pay off with some great surprises. You most likely won’t get rich nor win the lottery doing this.
This is a screenshot from this month. I earned around $300 playing games on my phone.
23. Rewards sites (GPT sites)
Rewards sites, also known as GPT (Get-Paid-To) sites, are platforms where you can earn money by doing simple tasks online.
Tasks you might do include:
Taking surveys
Reading emails
Playing games
Shopping online
Trying new apps and services
Clicking ads
Rewards sites have been around for a while and have proven to be a reliable way to earn some extra cash. Though the payouts are often small, they can add up over time. For instance, Swagbucks has paid out over $80 million to its users.
Using multiple sites can help maximize your earnings. It’s easy to do tasks during your free time, making it a flexible way to earn money without a huge time commitment.
It’s key to choose reputable sites to make sure that you get paid for your efforts, so I recommend that you stick with popular, well-reviewed platforms to avoid scams.
Rewards sites will most likely not replace a full-time income, but they can be a fun way to get some extra spending money.
Here’s a quick list of the best GPT sites:
24. Test websites (User Testing)
Testing websites, also known as user testing, is a popular side hustle. You get paid to visit a website or app and give feedback on your experience.
You will need a computer, a reliable internet connection, and sometimes a microphone.
User testing is flexible. You can do it in your free time from the comfort of your home. This side hustle is great if you like trying new things and providing feedback.
I have personally been paid to do user testing in the past, as well as paid others to do user testing on this very website, Making Sense of Cents. I thought it was an easy side hustle where you just share what you honestly think of a website.
25. College textbook resale
Selling your college textbooks is a great way to make some extra money.
When I was in college, I sold all of my college textbooks once I was done, and I always tried to make the most money (so, that typically meant that I never sold it directly back to my college bookstore, because they usually paid the least amount).
Reselling college textbooks as a side hustle has its ups and downs.
On the plus side, there’s a high demand for cheaper, used textbooks, so you can make good money if you buy low and sell high. It’s easy to start, especially if you begin with your own used books, and it’s a great way to encourage reusing materials.
But the market is seasonal, with most demand at the start of each semester, so your income might be inconsistent. New editions can come out, making older books less valuable, and storing a lot of books can be tough. Plus, shipping heavy textbooks can cut into your profits if you’re not careful.
Recommended reading: 17 Best Places To Sell Used Books For Cash
Frequently Asked Questions
Below are answers to common questions about finding the best side hustle.
What are the top side hustles that can bring in good money?
Top side hustles that can bring in good money include freelancing, blogging, flipping items for resale, and renting out rooms in your home.
How can I find side hustles that pay me every week?
You can find weekly pay side hustles through gig economy platforms like Uber, Lyft, and DoorDash. Freelancing on websites like Upwork or Fiverr might also pay weekly, depending on your agreement with clients. Another option is finding part-time jobs at local businesses that pay weekly wages.
Can you suggest some side hustle ideas I can do from my house?
There are several home-based side hustles. You can start freelancing in areas like writing, graphic design, or social media management. Another idea is to sell virtual assistant services. Teaching online courses or tutoring students in subjects you excel at is also a great way to earn from home.
What side jobs are out there for someone with no experience?
There are many side jobs for beginners. You can try pet sitting or dog walking through apps like Rover. Babysitting is another option if you like spending time with children. Delivery driving for companies like Uber Eats or Instacart doesn’t require much experience and can be started quickly too.
My Favorite Side Hustles – Summary
Now that we have gone over my full list, I want to talk about one of the main deciding factors of a side hustle.
Your time is important. Some side jobs take a lot of time but don’t pay well, while others pay more with less time.
Think about how much free time you have after your main job and how much money you want to make. This balance is very important. Track the hours you work and the money you earn to see if it’s worth it. The best side job fits into your life without stressing you out.
Also, another important deciding factor is choosing a side hustle that aligns with your skills and lifestyle. If you’re good at something, you’re likely to enjoy it more and perform better.
So, I recommend thinking about your current skills and hobbies. Matching your side hustle to your skills makes it easier and more enjoyable. Plus, you’re more likely to find success and earn extra income.