Looking for a way to make an extra buck? Maybe you’d just like to hang on to a few more of your hard-earned dollars. Either way, the digital age is providing new ways to improve our cash flow. If you have an internet access and a computer or smartphone, you can make or save money online, sometimes with little effort on your part. Financial planner and teacher Rob West tells us how. 
<ul><li>Let’s start by thinking about apps that already exist that require no startup effort or time. We’ve talked about ride sharing apps like Uber and Lyft, but there are many others. One of them is called Postmates. To make money with it all you need is a smartphone and a car, just like with Uber and Lyft. But instead of driving people around, doing their grocery shopping and delivering it to their homes.</li><li>Next is Trim, a money-saving app that allows you to save $100s a year with almost no effort. Trim looks at your monthly spending habits where you might be over-spending and gives you a list of targets while you choose the ones you want to cancel.</li><li>Another app is InboxDollars. This is a way to earn money just by surfing the web. You use their search engine (instead of Google, for example) while the app monitors your search habits and provides data to companies trying to better understand consumers. It doesn’t pay much—reviewers report making less than 50¢ an hour. Then again, you’re only searching online like you normally would, so it requires no extra effort.</li><li>The Nielsen app. We know them for tracking TV ratings, but they’re also big into internet usage research. Nielsen pays $50 a year just for keeping their app on your browsing device. This is a good one if you’re concerned about privacy. The app collects statistics on your internet usage anonymously, so the data is never linked to you. As an incentive to sign up, Nielsen offers various rewards including a $10,000 prize each month.</li><li>The last app we recommend is UserTesting. Most of us have gone to a company’s website and found it less than helpful. At last you can get paid for grumbling about websites! When you sign up as a website tester, you get to offer your opinions about website design, quality, and ease of use. UserTesting collects that data for companies so they can improve their sites and increase their sales. The company says you can make $10 for every 20-minute test you complete.</li></ul>Here are some questions we answered from our callers on this program:
<ul><li>As a first-time home buyer, do you recommend that I put down less than 20%?</li><li>At what point should I stop pouring money into repairs for my car—a car that I love and would love to keep—and get something else whether new or used?</li><li>I’m 67 and started taking social security at 65. I’m still working and still pay into social security. I average about $50,000 a year. Will I get increases in my adjustment as I continue to work?</li><li>I know that buying a new car isn’t always the best but should I avoid buying a brand new car at all costs?</li></ul>Ask your questions at (800) 525-7000 or email them at <a href="mailto:questions@moneywise.org">questions@moneywise.org</a>. Visit our website at <a href="http://moneywise.org/">moneywise.org</a> where you can connect with a MoneyWise Coach, purchase books, and even download free, helpful resources. Like and Follow us on Facebook at MoneyWise Media for videos and the very latest discussion! Remember that it’s your prayerful and financial support that keeps MoneyWise on the air. Help us continue this outreach by clicking the Donate tab at the top of the page.

FaithFi

Faith & Finance is a daily radio ministry hosted by Rob West. The program offers a practical, biblical and good-natured approach to managing your time, talents and resources.

Faith & Finance with Rob West

Looking for a way to make an extra buck?  If you have an internet access and a computer or smartphone, you can make or save money online, sometimes with little effort on your part. Financial planner and teacher Rob West tells us how.

5 Ways to Make or Save Money Online

FaithFi | Apr 9, 2021

Show Notes

Where Faith Meets Finance

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