Most financial websites will recommend cooking on a budget, opting for movie-night-in instead of partying, or opening a savings account. These are all the common, less-effective ways to manage money. We’ve been college students before and know that the college world bears temptation. We’ve got our heads in the real world and have provided more appropriate tips to help you live a little without going broke in your college days. As a student, these are the best days of your life, so live them – just live them wisely.

Are you Setting a Budget?

The first and foremost tip to manage your money is to budget. Online sources reveal, “A college budget is a very powerful tool in personal finance. When you create a budget and track your spending habits you have insight into where your monthly income is going and where you need to cut back. Living on a budget doesn’t mean you can never have any fun, it means the fun you do have won’t prevent you from paying the bills.”

Common Mistakes College Students Do, And Those to Avoid

We’re all human and make common mistakes. However, college students tend to make more financial mistakes and feel the brunt of it throughout life. So, with this, as any financial advisor will attest to, avoid these common mistakes: 

• Partying too hard when they should be saving or paying off their financial aid harder
• Tanning by the pool when they should be getting a part-time job
• Spending on their credit cards
• Avoiding efforts to build one’s credit score
• Not setting realistic goals
• Not having a debt payoff plan

Other online sources recommend the avoidance of the following: 

• Buying items based on impulse and impractical spending
• Not having an emergency fund
• Prioritizing wants over needs 
• Making bad investments and missing out on free opportunities 
• Impractical spending
• Applying for loans that bear huge interests, and then wasting it

Are You Tracking Your Finances and Expenses? 

As online sources will state, “Spend some time thinking about all of the living expenses you are responsible for each month. Start with the basic college expenses – tuition, room, and board (or rent and utilities, if you’re living off-campus), textbooks and class supplies, phone, car payments and insurance (or public transportation costs), haircuts, toiletries, and, of course, food. When you’ve made a plan for the money you have, you can rest easy knowing your priorities are covered.”

We also recommend you track expenses for fraudulent charges by date. Why not track your expenses through apps like Wally, Mint or Acorn? Ever heard of them? Read on.

Are you Making Use of Financial Management Software and Apps?

The 21st Century college student is one with their heads embedded in their phones. This makes it the ideal platform, and century, to enjoy financial management software and apps. Move over pen and paper, college students can now make use of apps and software to manage their money. “There are a variety of budgeting apps available to help you. Just get into the habit of plugging in your daily or weekly spending to get a quick view of how you’re doing and where you may be overspending,” sources reveal.

Action These Tips Today and Manage Your Money As A Student Now!

With these financial management tips, you’ll be the college student who has financial gold and a bright financial future, rather than one who boasts many student loans, personal loans, and credit card debt. If you start today, you’ll benefit tomorrow as good financial habits will bear fruit in your adult working life. 

Read the blog? Your Next Step As The Reader…

Should you want to hear more tips to manage your money as a student, let us know by commenting in the comment section below. We’d love to hear what you thought of this blog as well!

• Want to read about other savings, investment, finance, and relatable topics, news, advice, or information? Comment below! 
• If you’re a finance expert or a leading professional in any of the industries we focus on and would like to be featured in our blogs, email us now at contact@easyearnedmoney.com! 
• If you would like to advertise on our popular site, contact us by clicking here!

Credible Sources: 

1. https://collegecliffs.com/15-money-mistakes-college-students/
2. https://meratas.com/blog/how-to-manage-money-as-a-college-student/

The post Tips to Manage your Money as a Student appeared first on Easy Earned Money.

The First Step Is To Start With a Single Choice That Shows Proof of Work

So many cryptocurrencies to mine, where to start? Take our advice and opt for cryptocurrencies to mine that shows proof of work. According to sources that we have analyzed, “Here are some suggestions to choose from:

• Kadena is a cryptocurrency built for businesses and powering global financial systems. It’s one of the more profitable cryptocurrencies when you mine it with an ASIC.
• Ergo is a platform designed to provide an efficient way to implement financial contracts on the blockchain. Because Ergo is resistant to ASIC mining, you can mine it using a GPU.
• Dogecoin is a meme coin. Although it started as a joke, it became extremely popular in 2021, and it’s possible to make a profit mining it with an ASIC.”

When considering your choices, always bear in the mind the profitability and viability of the mining operation. Sure, you can opt for Ethereum or Bitcoin and other popular choices, but remember that these cryptocurrencies are flogged with miners already. To make money, opt for the alternative – the crypto path less traveled. 

… You’ll then want to choose the way in which you mine. There’s Application-Specific Integrated Circuit (ASIC) mining which uses a device to mine specific cryptocurrency. And, there is Graphics Processing Units (GPUs) mining and Computer Central Processing Unit (CPUs) mining. 

You may want to join mining pools which involve a group of miners who collaborate together to mine crypto and share in the block rewards. Alternatively, you can opt for solo mining or cloud mining where you mine on your own or pay a company to mine for you. Out of all these options, we at Easy Earned Money, suggest you start with ASIC or GPU mining.

Step 2 Is All About Buying your Mining Equipment

Once you have chosen the type of cryptocurrency you want to mine and the way in which you mine it, then you’ll need to buy your mining equipment. Opt for brand new “rigs” or second-hand ones from reputable suppliers.  

We suggest ASICs or GPUs, however, it’s recommended to compare mining devices with a profitability calculator. Once you’ve spotted the perfect device for your crypto mining vision, it’s about configuring your mining device to get it ready. First, download the mining software for the chosen cryptocurrency. Second, store your device in a well-cooled location. 

Moving onto Step 3, You’ll Need to Set Up a Crypto Wallet

Step three involves setting up your Crypto Wallet. When it comes to compatible wallets, there are a plethora of digital wallets to choose from. And they’re free. In this easy step, you’ll need to set up your wallet and create an address to receive and store your cryptocurrency. 

Step 4, Playing Your Role as a Miner 

Once you’re all set up, let the mining begin as explained by Coinbase. “Beyond releasing new coins into circulation, mining is central to Bitcoin’s (and many other cryptocurrencies’) security. It verifies and secures the blockchain, which allows cryptocurrencies to function as a peer-to-peer decentralized network without any need for oversight from a third party. And it incentivizes miners to contribute their computing power to the network.”

Time is Still on Your Side!

Did you know that it will take until 2140 to mine all Bitcoins available? This means time is still on your side and as you join the millions of miners across the world, there’s still time on your hands to make a good financial go at crypto mining. And as Coinbase suggests, the network is like playing the lottery. With this, if you generally win in nature and have lady luck on your side, there’s no doubt you’ll be the first to guess a 64-digit hexadecimal number we call the “hash” and earn the financial reward. 

Read the blog? Your Next Step As The Reader…

Should you want to hear more about cryptomining, let us know by commenting in the comment section below. We’d love to hear what you thought of this blog as well!

• Want to read about other savings, investment, finance, and relatable topics, news, advice, or information? Comment below! 

• If you’re a finance expert or a leading professional in any of the industries we focus on and would like to be featured in our blogs, email us now at contact@easyearnedmoney.com! 

• If you would like to advertise on our popular site, contact us by clicking here!

Credible Sources: 

1. https://www.fool.com/investing/stock-market/market-sectors/financials/cryptocurrency-stocks/how-to-mine/
2. https://www.easyearnedmoney.com/what-is-crypto-mining/
3. https://www.coinbase.com/learn/crypto-basics/what-is-mining

The post How to mine cryptocurrency appeared first on Easy Earned Money.

Definitions that Answer the Question: What Is Crypto Mining?

Investopedia states, “Mining” is a metaphor for the computational work that nodes in the network undertake in hopes of earning new tokens. In reality, miners are essentially getting paid for their work as auditors. They are doing the work of verifying the legitimacy of Bitcoin transactions.”

Does this definition provide clarity for you? If you’re shaking your head, we’re nodding with our belief that it wouldn’t. With this, here’s another definition.

Webopedia reveals, “Cryptocurrency mining, or crypto mining, is the method of verifying transactions on a digital ledger for a blockchain using machines with extensive computing power. Cryptocurrency mining is the process where specialized computers, also known as nodes or mining rigs, validate blockchain transactions for a specific crypto coin and, in turn, receive a mining reward for their computational effort.” 

Let’s Make Crypto Mining More Simple For You

Now, let’s divulge a more simple, and appropriate definition. After all, at Easy Earned Money we’re in the game of making you understand concepts and aim to break down financial and business opportunities so that they can mean something to you.

“Cryptocurrency mining is the process where specialized computers, also known as nodes or mining rigs, validate blockchain transactions for a specific crypto coin and, in turn, receive a mining reward for their computational effort,” explains Webopedia. 

As you can see, crypto mining is more than just a way to make and create new coins. It’s more than just mining digital currency. It also includes validating cryptocurrency transactions on a blockchain network and adding them to a distributed ledger. With this, it prevents the double-spending of digital currency on a distributed network. 

Need More Clarity? Think Physical Currency!

Think of physical currencies. You spend using physical cash. The same can be said about spending cryptocurrency. With every spend, a digital ledger must be updated by debiting an account and crediting another. In all of this, crypto mining aims to use cryptocurrency while securing a network from double-spending. Then new coins are generated to reward miners for their work in securing the network. 

With this, crypto mining is all about validating transactions. And to do this, miners – potentially you – are needed to secure the network. What does crypto mining now mean for you? Well, you as the miner would be incentivized by participating in the transaction validation process and this also increases your chances of winning newly minted coins. And this means financial rewards.

One Question Down, More Questions To Go

Now with an understanding of crypto mining, those looking for profitable ventures in crypto need ask the following questions: 

• “How to mine cryptocurrency at home?” 
• “What are the different types of cryptocurrency?”
• “How to mine cryptocurrency on a phone?”
• “In 2022, what are the best cryptocurrencies to mine?”

It’s one thing to understand something, but if you’re in the game of money-making, it’s about applying that understanding to yourself as an individual. To apply this, you need to understand how to make money through crypto mining, what the best approach is, and what is the profit potential. Being complex questions, the latter requires more articles to render sufficient clarity. 

For now, it’s about understanding what crypto mining is, seeking to become a miner and then following this brief step-by-step recommendation: 

1. Step 1: Get the Best Bitcoin Mining Hardware. …
2. Step 2: Join A Mining Pool. …
3. Step 3: Download Free Bitcoin Mining Software. …
4. Step 4: Create A Bitcoin Wallet. …
5. Step 5: Start Mining. …

Should you follow these steps and become a miner, you will be in line for block rewards as well as transaction fees and user fees paid to you for the safe and secure recording of transactions on the blockchain. Then, of course, there’s the revenue for selling actual crypto coins!  

If You’re Wanting To Dig for this Digital Gold, you Need the Right Approach

As a proven approach, crypto mining and investing as a miner can make a profit if done right. As business2community states, “With the right approach and setup, either by joining a mining pool as discussed above or using a cloud mining service, it is still possible to make a profit.” 

Freeman Law continues in the same light, “For aspiring crypto miners, curiosity and a strong desire to learn are simply a must. The crypto mining space is constantly changing as new technologies emerge. The professional miners who receive the best rewards are constantly studying the space and optimizing their mining strategies to improve their performance.”

Read the blog? Your Next Step As The Reader…

Should you want to hear more about crypto mining and cryptocurrency opportunities, let us know by commenting in the comment section below. We’d love to hear what you thought of this blog as well!

• Want to read about other savings, investment, finance, and relatable topics, news, advice, or information? Comment below! 
• If you’re a finance expert or a leading professional in any of the industries we focus on and would like to be featured in our blogs, email us now at contact@easyearnedmoney.com! 
• If you would like to advertise on our popular site, contact us by clicking here!

Credible Sources: 

1. https://freemanlaw.com/mining-explained-a-detailed-guide-on-how-cryptocurrency-mining-works/
2. https://www.investopedia.com/tech/how-does-bitcoin-mining-work/
3. https://www.webopedia.com/definitions/cryptocurrency-mining/
4. https://www.business2community.com/crypto-news/6-basic-steps-to-get-started-mining-bitcoin-and-make-money-02309931

The post What Is Crypto Mining? appeared first on Easy Earned Money.

As we’re sure you’ve heard, Elon Musk has purchased the social media company, Twitter. The New York Times reported, “Twitter agreed to sell itself to Mr. Musk for $54.20 a share, a 38 percent premium over the company’s share price this month before he revealed he was the firm’s single largest shareholder. It would be the largest deal to take a company private — something Mr. Musk has said he will do with Twitter — in at least two decades, according to data compiled by Dealogic.” 

Buy Now, Get 10% On Earnings

While still in process, the awaited closing of the deal gives new shareholders a brief timeframe to buy Twitter shares. It’s also a time to potentially earn nearly 10% off their purchase if the Musk deal goes through. Yahoo Finance reported that the company board members unanimously approved the $54.20-per-share acquisition for recommendation to Twitter shareholders.

Twitter stock has historically traded between $31.30 and $73.34 a share. Now, those looking to garner financial rewards in this social media mega-company in the future can buy shares for around $50 following Musk’s acquisition offer. “If the deal collapses, however, the company’s stock price could fall 30% to where it was trading before Musk’s announcement went live.”

How do you Buy Twitter Shares? 

As the much-awaited news of whether Twitter will go private or remain public leaves those already invested in the company impatient. However, those who’ve never owned a small piece of this pie can now jump to invest.

As of now, Twitter is still a publicly-traded company on the New York Stock Exchange. With a small financial investment, you will own a small slice of the social media giant. A media giant worth 1.57B with an expanding revenue of above 30% year upon year.

Should your mind be on the fence, hanging around is not possible with the ability to buy shares limited to the next few days. It’s now or never! Should the company become private, the ability to buy more shares will be over. Yes, the deal has been struck, but the fat lady has yet to sing with the closing of the deal still unknown. For now, you’re still be able to buy or sell Twitter stock until the deal is closed. 

CNBC explains, “So if you desire to have an ownership stake in the future of Twitter before it’s taken private, you’ll need to…” 

1. Open a brokerage account where you can buy and hold your stocks. 
2. Connect a checking account to fund the purchase.
3. Search the ticker symbol for Twitter, which is “TWTR”
4. Click the buy button. 

“Analysts surveyed by FactSet expect Twitter to post a first-quarter profit of 5 cents a share on revenue of $1.23 billion. A year earlier, Twitter earned 16 cents a share on revenue of $1.04 billion.” With this, following the above steps and buying at those prices indicates expectations of much higher profitability in the future.

Always Know The Risk Before You Aim For That Reward

We do recommend that you first become aware of all risks and potential losses that could happen should you purchase individual stocks or buy Twitter stock above $54.20. Should you not want to risk your bankroll in hopes of rewards, rather take advantage of other benefits that come with Musk’s new purchase and the potential closing of the deal. 

Boom Business With This New Deal 

Regardless of Twitter shares, this new purchase means free speech and more control for businesses and economic trendsetters. This means those using this social media platform can start tweeting as if their business success depended on it, without worrying that others would be offended by it or that their professional content would be regulated. 

As a business marketer, make your Twitter mark and enjoy the freedom that business talk brings, on a platform that will now see business talk unregulated. Free speech now allows business brands and cultures to sign through for the purpose of increasing customers and revenue.

Before Businesses Aligned With Twitter Culture, Now Businesses Can Really Create Their Own 

Apart from free speech, should the Musk deal be closed, businesses can change the way they use Twitter. Before, they have always used Twitter to reach audiences, promote their products and services and keep an eye on competitors. They did this by aligning with the social, generally-accepted Twitter culture. Regulated businesses somewhat lacked original culture and the ability to create cultural trends. 

Now, businesses can start avoiding culture alignment and create their own culture, cement their mark as trendsetters and thought leaders, and enjoy more sales and conversions that come with authentic business talk. 

Bottom Line – This Risk is Worth the Reward

In our knowledgeable opinion, don’t miss out on this opportunity. We’ve evaluated every angle and scenario and feel that buying Twitter stock now is worth it. At least a strong consideration thereof. After all, investing in shares of any kind – whether you’re an affluent shareholder, an expert player of the stock exchange, or a newbie, this avenue does have huge monetary potential. 

Read the blog? Your Next Step As The Reader (After Buying Twitter Stocks)…

Should you want to know more about this story, keep checking our website for updates. For those now interested in buying shares in general and investing in social media giants, comment below and let us know how we can provide more useful information. 

• Want to read about other savings, investment, finance, and relatable topics, news, advice, or information? Comment below! 
• If you’re a finance expert or a leading professional in any of the industries we focus on and would like to be featured in our blogs, email us now at contact@easyearnedmoney.com! 
• If you would like to advertise on our popular site, contact us by clicking here!

Credible Sources: 

1. https://www.nytimes.com/live/2022/04/25/business/elon-musk-twitter
2. https://www.cnbc.com/select/elon-musk-is-buying-twitter-heres-how-to-buy-twitter-stock-now/
3. https://finance.yahoo.com/news/elon-musks-twitter-purchase-means-202223098.html

The post Elon Musk Buys Twitter… And The Tweets Around Shareholder Town Is That You Must Buy Shares Now appeared first on Easy Earned Money.

In 2022, you’ll be able to really leverage Amazon’s fulfillment centers to store and ship your killer products. You’ll also be part of a retail destination that’s filled to the online brim of Fortune 500 organizations and artisan vendors who’re all selling to millions of Amazon customers. As Amazon says, ”Third-party sales on Amazon are growing at 52% a year”, and with this, you’re bound to start a small business that will grow big in no time.

So, as beginners, you’re probably asking what Fulfillment By Amazon is. Taking the words right out of Amazon’s mouth, “You provide the product, when you make a sale on the platform, Amazon then ships it for you.” This is great for the money-hungry as they can leverage Amazon’s huge warehouses (known as Amazon fulfillment centers) to store and ship their products.

With many Amazon seller fulfillment methods, the way forward is then decided on the following factors as pointed out by Jungle Scout: 

• The products you sell are small and lightweight
• You’re okay surrendering control of your customers to Amazon
• You want Amazon to handle your customer service
• Your inventory turns over quickly
• You do not have logistics in place
• Your expenses would be higher if you fulfilled your own products

Is Amazon FBA Really Worth It? 

While a conflicting question with many answers, we at Easy Earned Money believe, despite the slight niggles, that Amazon FBA is most certainly worth it. It’s worth it as a start-up online business and it’s worth it as a side-hustle. 

To decide for yourself, you need to think of your role as a business owner and your financial goals. You then have to consider your business model. As online information sites put it, “The higher cost of actually selling on the platform is outweighed by their awesome customer service, shipping and handling, and refund management.”

To answer this question for yourself, think about the number of units you want to sell on a monthly basis. Ask yourself what your net profit margins are. It’s all about doing the math and using the 25% rule. What does this mean? Well, let us explain. Take your product’s selling price and then divide it by four.

• 25% goes to your Landed Cost Stateside
• 25% goes to Amazon for fees
• 25% goes to advertising
• 25% profit margin 

Once you factor in your profit margin, you will probably begin to see the worth of Amazon FBA. Not to mention, as Amazon itself puts it, “You also get Amazon’s world-class customer service and returns, along with other advantages (like automatic Prime eligibility and Free Super Saver Shipping) that help you scale your business—fast.” 

Then you’re making the most of the Amazon Prime Eligible Badge which increases click-through rates and sales conversions. This means more sales and higher profits. You’ll enjoy expert customer service, the ability to create an e-commerce business from anywhere in the world, immediate customer trust, and every other benefit that goes with partnering with a retail giant like Amazon!

See the potential in Amazon FBA…

In addition, when you factor in the potential earnings listed on Amazon’s website – and below – you’ll definitely see the worthy potential in Amazon FBA: 

“Most Amazon sellers make at least $1,000 per month in sales, and some super-sellers make more than $100,000 each month in sales. “

• 50% of Amazon sellers make $1,000 to $25,000/month, which could mean $12,000 to $300,000 in annual sales.
• 13% makes $25,000-$250,000/month, amounting to annual sales between $300,000 and $3,000,000.
• 22% of sellers make under $500/month in sales, and 3% don’t know their monthly sales.

We think the two-thirds of sellers seeing profit margins higher than 10% and the 32% of sellers seeing 20% profit margins think it’s worth it. Wouldn’t you agree? 

How Does Amazon FBA Work? 

Sure, we all know how to browse through Amazon and conduct our online shopping through this platform, but every beginner may not know exactly how Amazon FBA works. With this, along with other online sources, we’ll show you how. Amazon FBA works in a few easy steps which include:

1. Open a sell central account, register as a seller and add the FBA option.
2. Select your marketplace of choice that you want to sell on.
3. Create and add your product of choice to your product listing and Amazon catalog. This will include inputting price, description, and product title. (Selling on Amazon, in general, follows this similar process)

Sounds simple enough? Yes! 

Now, carry on to step four… 

1. Ship your products to Amazon by creating a shipping plan and choosing which Amazon center to use. 
2. Then, simply wait for Amazon to receive your product inventory and process and store these at the fulfillment center.
3. Wait for customers to buy your products and for Amazon to take care of payments and inventory supply updates.
4. Oversee the shipping done by Amazon who then sends off your product to the customer and keeps you and the customer abreast of the product shipping and tracking. Oversee how Amazon deals with customer service and refunds if needed.
5. The best and final step: Get paid and grow your online business fast!

What are Amazon FBA Fees? 

While complex, understanding the fees has been made simple by our team at Easy Earned Money who have done the research for you. 

“Amazon FBA sellers must pay FBA fees to ship goods via Amazon’s fulfillment network. FBA fees cover the costs to pick, pack, and ship the goods to the consumer. In a way, they are ‘shipping and handling expenses’ that Amazon charges,” states Jungle Scout.

Basically, the fees involved in this process include the shipping and storage fees, plan fees per sale, refund fees, referral fees, and FBA fees which are determined by the size and weight of your inventory. While different FBA plans offer different fees for sellers and professionals, we believe them to be affordable and a great investment for those seeking to make money – and lots of it – through the Amazon FBA program.

Read the blog? Your Next Step As The Reader…

Should you want to know more about the Amazon FBA, let us know by commenting in the comment section below. We’d love to hear what you thought of this blog as well!

• Want to read about other savings, investment, finance, and relatable topics, news, advice, or information? Comment below! 

• If you’re a finance expert or a leading professional in any of the industries we focus on and would like to be featured in our blogs, email us now at contact@easyearnedmoney.com! 

• If you would like to advertise on our popular site, contact us by clicking here!

Credible Sources: 

1. https://www.chrisbournelis.com/how-does-amazon-fba-work/
2. https://sell.amazon.com/beginners-guide
3. https://www.junglescout.com/blog/amazon-fba-vs-fbm/
4. https://www.junglescout.com/blog/how-much-money-amazon-sellers-make/

The post How to Start Fulfillment By Amazon (FBA) for Beginners appeared first on Easy Earned Money.

Before, those looking to reap the digital green bills and get their bankroll skyrocketing could follow the six strategies to make money. These included invest, trade, stake, lend, crypto social media, mining, or airdrops and forks. Along with the new strategies and exciting new NFT platforms and marketplaces, those seeking to make money can now look to Non-Fungible Tokens (NFTS).

NFT Marketplaces are the Ideal Place  

And look now at NFTs at a time when Metaverse’s Mark Zuckerberg is making Instagram an NFT marketplace. And now at a time where the metaverse is becoming the ideal place to support digital goods. Also at a time when the largest NFT marketplaces are seeing more than $2 billion in volume. 

According to Marker, “As we ended 2021, NFTs were white-hot. Forty-one billion dollars hot, and everywhere. Twitter beat Zuckerberg to the NFT punch, letting tweeters use an NFT as their profile picture, Spotify is hiring for NFTs, and brands from Budweiser to Louis Vuitton are producing them. You can even buy a virtual NFT of the McDonald’s McRib.”

Yes, the end of 2021 and the beginning of 2022 has seen the world take hold of these unique cryptographic tokens which effortlessly fill a desperate need in the digital world. A need to fill what it’s been missing: authenticity, credible scarcity. 

And this year this “digital document that identifies one true owner of a digital product” will represent real-world items, from artwork and real estate, and “tokenize” these real-world tangible assets making buying, selling, and trading them more efficient while reducing the probability of fraud.

But, how does one enjoy a slice of this profitable new pie? How do you leverage off the NFT Digital Collectible Craze? 

Artists, Brands, Realtors, Businesses, Entrepreneurs… Take Note

Having done our research at Easy Earned Money, our team of financial experts and advisors believe the potential in the NFT new market is huge. Fortunately for you, we’ve done the heavy work so you can cut through the noise. With this, you can leverage our recommended opportunities to make money:

• On Instagram: Zuckerberg also said that individuals and companies will “hopefully” in the coming months be able to mint their own NFTs within the app.
• A Branch-Off Lucrative Business Opportunity: If Fortune is saying the following, it has to be true, “Zuckerberg also reportedly mentioned he hopes avatar clothing in the metaverse could be minted as NFTs, too, which is already a common occurrence in the overall space and lucrative business for blockchain-based, play-to-earn companies.”
• Own Your Own NFT Which Is Like Owning A Piece Of Art:  Own the original and prove your ownership with a unique code that only you own – and then make money off this by being the first to sell your original content as an NFT. 
• As Small Biz Trends recommends: Select your marketplace based on content suitability, mint the NFT (turn the digital asset into a crypto collectible), and link to your crypto wallet. Each platform or marketing will have different processes and allow you to either sell the item as a one-off purchase or earn royalties. 
• Forbes shows the following wares which can be NFT-monetized and NFT-profitable: Art, gifs, videos, sports highlights, collectibles, virtual avatars, and video game skins, design sneakers, music, tweets. Start your own NFT collection with any one of these, or combine them within your collection.

The Keyword here is Net

Overall, as Marker puts it, “[If you’re a capitalist and generally think that functioning markets improve lives… Bringing credible scarcity and authenticity to digital markets is a net positive — but the keyword there is “net.” 

To get gain that positive net, you want to do as Forbes recommends, “Approach NFTs just like you would any investment: Do your research, understand the risks—including that you might lose all of your investing dollars—and if you decide to take the plunge, proceed with a healthy dose of caution.”

Start Profiting Now And In The Long-Term As NFTs Are Not A Passing Fad

Contrary to cynical belief, NFTs are not a passing fad. At Easy Earned Money we believe NFTs offer the money-hungry long-term profitable potential. Even Harvard Business Review views the long-term potential of NFTs stating, “But don’t make the mistake of thinking that NFTs are a passing fad. While the current hype cycle might be fueled by crypto-millions and Discord-obsessed Gen-Z users, NFTs could be the killer app of Web3 and its gateway into traditional commerce.” 

The online site continues, “The really interesting thing about NFTs is the tech they run on. [This] which reveals their broader promise as a vehicle by which brands bypass the platform-centric marketing world of Web2 and reclaim ownership of their digital consumer relationships.”

Now that you know what NFTs are, the reasons why Meta’s Mark Zuckerberg plans to instate them, and why you should start looking into these tokens as a potential for profit, we recommend you do so now. As a hot commodity, the time is now. 

Read the blog? Your Next Step As The Reader…

Should you want to hear more about NFTS, let us know by commenting in the comment section below. We’d love to hear what you thought of this blog as well!

• Want to read about other savings, investment, finance, and relatable topics, news, advice, or information? Comment below! 

• If you’re a finance expert or a leading professional in any of the industries we focus on, be featured in our blog. Email us now at contact@easyearnedmoney.com. 
• If you would like to advertise on our popular site, contact us by clicking here!

Credible Sources: 

1. https://www.stilt.com/blog/2021/06/how-to-make-money-with-cryptocurrency/
2. https://cyberscrilla.com/why-are-nfts-so-valuable/
3. https://cyberscrilla.com/investing-in-non-fungible-tokens-everything-you-need-to-know/
4. https://fortune.com/2022/03/15/mark-zuckerberg-instagram-nft-marketplace-mint/ 
5. https://www.kitco.com/commentaries/2022-03-21/Crypto-SWOT-Mark-Zuckerberg-said-that-NFTs-are-coming-back-to-Instagram.html
6. https://marker.medium.com/the-real-potential-of-nfts-b1bf88b24a1c
7. https://hbr.org/2022/02/how-your-brand-should-use-nfts
8. https://smallbiztrends.com/2022/01/nft.html

The post What are NFTs & Why Meta’s Mark Zuckerberg Plans to Instate Them appeared first on Easy Earned Money.

Google’s stock outperformed other “FANG” stocks last year and Google-parent Alphabet bested Facebook-parent Meta Platforms, Amazon.com and Netflix. Now, we’re expecting a repeat this year. It’s time for investors and those seeking to hop on board the money train to start investing in Google Shares. 

Investors.com revealed that GOOGL stock jumped 65% in 2021. Thus far in 2022, GOOGL has clawed back above its 50-day and 200-day moving averages. So what does this mean for investors such as yourself? 

Well, expect benefits for retail investors, improved profitability in the cloud computing business, more earnings stability, increased potential exposure to an ongoing rebound in local and travel verticals, artificial intelligence advantages across the product stack, and a meaningful increase in capital spending, among many other benefits. Most importantly, a boast to your investment portfolio. 

GOOGL Stock is an Artificial Intelligence Stock to Watch 

So what exactly are investors keeping an eye on? Well, they’re watching and evaluating stocks based on the A+ to E scale; which measures institutional buying and selling in stock. A+ signifies heavy institutional buying while E indicates heavy institutional selling. We’re watching out for GOOGL which holds an IBD Composite Rating of 93 (out of a best possible 99), boasts an RS Rating of 83, and an EPS Rating of 96.

How to Snag Some of the Growth for your Portfolio?

Now that you have your eye on this profitable prize, here’s everything you need to know to buy Google stock as advised by Forbes.

• First, you need to choose which shares of Google you’re interested in – whether Google or its parent company, Alphabet. So, choose between GOOGL and GOOG. 
• Then you’ll need to attain an investment account and open one at a brokerage or with an investment app. 

As Forbes puts it, “Because you likely can’t afford a whole share of GOOG or GOOGL, at least not right away, you’ll need to decide on how much (and how) you want to invest. Ask yourself these questions to figure out your ideal initial investment.” 

• For this, you’ll need to think of your budget, the share price, and your investment strategy. Then, as told by Forbes, “When you have opened an account and deposited money to invest, you can buy stock by entering the company’s ticker symbol (GOOGL or GOOG) and the dollar value you want to invest or the number of shares you want to purchase.”
• Then, like any good investment, you won’t want to sit back and wait for the money to come in. Rather, we recommend you check in periodically to ensure satisfactory progress and smooth sailing towards your profitable goals. 
• If you’ve hit your goal, which we know you will, “When you’re ready to sell your Google stock, the process is as easy as buying your shares. Simply log into your broker’s trading platform and enter the ticker symbol and the number of shares or dollar amount you want to sell.”

Want to know more? Check out the stock price forecast, analyst recommendations and earnings forecast on CNN Business.

Our Recommendations for this Worthwhile Investment

Overall, with revenue at Google up 12% from 2019 to 2020 and more than 41% from 2020 to 2021 the stock is on a serious streak. There’s no need to sit back and wait to hit the abundant ceiling. 

We know that Google results have been favorable to earning consensus and have been over the past five quarters, so follow us and 43 Yahoo Finance analysts and “buy now”! A worthwhile investment right now, absolutely.  

Read the blog? Your Next Step As The Reader…

Should you want to hear more about Google and online shares, let us know by commenting in the comment section below. We’d love to hear what you thought of this blog as well!

• Want to read about other savings, investment, finance, and relatable topics, news, advice, or information? Comment below! 

• If you’re a finance expert or a leading professional in any of the industries we focus on and would like to be featured in our blogs, email us now at contact@easyearnedmoney.com! 
• If you would like to advertise on our popular site, contact us by clicking here!

Credible Sources: 

1. Google News Link: https://www.ft.com/content/bd26296f-2d77-45e3-bc88-9e823e4a4be4
2. https://www.investors.com/news/technology/google-stock-buy-now/
3. https://www.forbes.com/advisor/investing/how-to-buy-google-stock/

The post How To Make Money Through Google Shares appeared first on Easy Earned Money.

You’ll find below some of the most popular and helpful resources for buying a car.

Table of Contents:

1. 1. 1. Apps
      2. Websites
      3. Safety-Tools

      4. Car Review YouTube Channels

      5. Calculators, Loan Finders, Insurance Shoppers, and Credit Checkers

      6. Articles, Tips, Checklists, and Guides

      7. General Car Websites and Blogs

      8. Bonus

Car Buying Apps

Smartphones are just one tool that’s made buying a car easier. These apps are a great place to start when buying a car. There are so many that it just comes down to preference when deciding which one to use. 

1. 1. 1. 1. Cars.com: One of the oldest and most trusted players in the industry. The app is easy to use and has plenty of information to ensure you’re making the best decision.
         2. CarMax: This is the best app for used vehicles hands down. You’ll have access to their nationwide inventory of cars, trucks, and SUVs. Some features shave off time at your CarMax lot.
         3. AutoTrader: One of the largest vehicle inventories available. You’re able to search for new, used, and certified used cars from dealers and private sellers.
         4. Carvana: Carvana is known for its vending machine approach to car sales (it’s amazing). Their app gives you access to their expansive inventory and provides plenty of tools to help you. They also give you a week to test a vehicle to decide if it’s right for you!
         5. CarGurus: This app gets it done in all areas. CarGurus’s search functionality, filters, valuable insights, and deal analysis solidify its placement in this list.
         6. TrueCar: TrueCar is another great app for finding the best possible price on the cars you’re interested in. They also offer some competitive savings figures and incentives you’ll want to consider.
         7. Shift: While relatively new to the industry, Shift has completely redefined buying and selling a car. Shift streamlined the whole car-buying process. They’ll bring the car to you to test drive it and deliver it once you buy it.
         8. eBay Motors: Since it’s eBay, you’re able to find more than just vehicles for sale. Nevertheless, their app makes it extremely easy to list a vehicle for sale and find one you’re looking to purchase.
         9. AutoList: Another great app for buying a car is Autolist. It was included in a top 10 best car-buying apps article by CNET. Fun Fact, Autolist was acquired by CarGurus on Jan 16, 2020.
         10. Fair: Like Shift, Fair is a unique car-buying app. Instead of being limited to leasing and financing options, Fair provides a sort of long-term car-sharing solution. Find a car, sort out the terms, and then have it delivered to you. Once the term is over, they’ll pick it up from you.

Car Buying Websites

Many of the apps above come from their respective websites. However, there’re plenty of car-buying websites that don’t necessarily have an app, or the website version just happens to be better than the app.

1. 1. 11. Vroom: Vroom is overall a great car-buying resource. While they do have an app, it’s fairly new so you’ll probably have a better experience with their website. Anyway, Vroom’s simple process and impressive used inventory secure it a spot on this list.
      12. AutoTempest: If you’re having a hard time choosing one of the apps listed above, use AutoTempest. AutoTempest aggregates all the listings from many of those apps and more. This ensures you get the best deal for the car you’re looking to buy.
      13. Kelly Blue Book: KBB is a tried-and-tested car-buying website. The site is packed full of helpful tools and resources that make car-buying less stressful. It’s the all-in-one car-buying resource.
      14. Autobytel: Autobytel is more than just a car-buying website. You’ll find car reviews, tips, and all sorts of auto-information. Once you made your decision, search for your car with Autobytel to find the best deals.
      15. Edmunds: Overall, Edmunds is a very clean website. Edmunds helps you find the best deals on new used cars. Also, be sure to check out their car reviews and the other car-buying resources they offer.
      16. CarSoup: Their simple interface makes it easy to search for the car you want. CarSoup’s trusted dealers present the best deals near you.
      17. NowCar: NowCar makes searching, customizing, and all the car-buying research easy. You’ll never have to deal with a salesperson or dealership, and you can get your new car delivered!
      18. TRED: With partnerships like CarFax and FedEx, TRED makes it a breeze to shop and get your next car. TRED cuts out fees associated with dealerships and promises to deliver the best deals.
      19. CarsDirect: CarsDirect allows you to search for used and new vehicles. You’ll also find plenty of free tips, advice, and news.
      20. Cars & Bids: If you’re familiar with the popular car-reviewer and YouTuber Doug Demuro, you should also be familiar with Cars & Bids. Demuro’s marketplace enables you to bid on modern and classic cars!

Car Buying Safety-Tools

Although car-buying resources like Carvana make buying a car easy, there are certain aspects you should not avoid. Below are some tools that’ll help you research safety information on new and used vehicles.

1. 1. 1. 21. FuelEconomy.gov: You can search for any vehicle on this website and find accurate fuel economy data.
         22. National Highway Traffic Safety Administration: Reference NHTSA’s database to discover safety issues or recalls for vehicles.
         23. National Insurance Crime Bureau: NICB’s free VINCheck service allows to pull a report entailing whether a vehicle has been stolen or reported as a salvage vehicle.
         24. Insurance Institute for Highway Safety: IIHS evaluates and publishes safety reports on vehicles. Simply search for a vehicle to find IIHS’s ratings or sift through their TOP SAFETY PICKs.
         25. CarFax: If you’re willing to spend some money and can provide a license plate number or VIN, CarFax will return a comprehensive report on a vehicle.

Car Review YouTube Channels

If you cannot test drive a car or just want more information about a certain vehicle, YouTube car-review videos are a great way to learn more about a car. Below are some of my personal favorite YouTubers and vehicle-focused channels.

1. 26. Doug Demuro: Demuro regularly reviews a wide variety of vehicles. He’s a corky car-enthusiast and has a substantial viewer base (3.87 million subscribers and growing). Demuro’s videos are great because he breaks down the vehicle then rates and compares it to the competitors.

   

   27. Raiti’s Rides: Joe Raiti is another car reviewer and enthusiast. His channel is great because he reviews many of the popular and in-demand makes and models. Whereas some channels focus on exotic supercars, Raiti’s embraces the vehicles most of us can afford.

   

   28. AutoBytel: Not only is AutoBytel a great website to purchase a car from; they also make amazing car-review YouTube videos. The cars are reviewed and test-driven by multiple “road-test editors”. Their videos help buyers make informed decisions about their next car.

   

   29. Carwow: Carwow is my favorite car-review YouTube channel! It’s hosted by motoring journalist Mat Watson. Although Mat’s car reviews are phenomenal, it’s also fun to watch some of the drag-races and tug-of-war videos they produce. The company is based in the UK however, so most of the vehicles tend to be foreign. Nevertheless, Carwow is a great car-buying resource.

   

   30. TheStraightPipes: Last by not least, TheStraightPipes. The channel is hosted by Yuri and Jakub. Like the other channels, these two automotive journalists review heaps tons of vehicles. Yuri and Jakub’s input on each vehicle is unique and it’s refreshing to have two opinions in each video.

   

Car Buying Calculators, Loan Finders, Insurance Shoppers, and Credit Checkers

These tools will help you find the best loans available, or help you understand your price range. Knowing your credit score or already having an auto loan makes car-buying that much easier.

1. 1. 31. Car Affordability Calculator: Money Under 30’s car affordability calculator helps you understand exactly how much car you should choose to bite off. Also, you can assert whether you’re financing or paying in cash.
      32. Affordability Calculator (Edmunds): Although Money Under 30’s calculator works perfectly, it won’t hurt to use Edmunds. I suggest using them both to help you discern just how much car you can afford.
      33. Buy vs. Lease Calculator: Depending on the car it may make more sense to lease or vise versa. This Money Under 30 calculator helps buyers to see the outcomes of each option.
      34. Auto Loan Calculator: Bankrate’s auto loan calculator approximates monthly payments based on the conditions of your loan.
      35. Lendingtree: Lendingtree’s auto loan tool makes it easy to compare rates from multiple vendors. It’s comprehensive, simple, and free!
      36. Bankrate: Whereas Lendingtree’s tool asks a series of questions, Bankrate’s only requires a few articles of information.
      37. The Zebra: The Zebra’s insurance tool helps shoppers compare insurance quotes quickly and easily.
      38. Gabi: Gabi is another option to compare and buy auto insurance.
      39. Credit Karma: Get your free credit report without affecting your score.
      40. Experian: Another free option to check your credit score with insights that help you understand your creditworthiness.
      41. Deals and Incentives Finder: This tool made by Edmunds finds rebates and incentives based on the make of the car you’re looking to buy.

Articles, Tips, Checklists, and Guides

Knowing the unwritten rules, rules of thumb, or secrets (if you will) to car buying a car will help you make the best possible decision. Look through these car-buying resources to prepare yourself for the big day.

1. 1. 42. 8 Best Times to Buy a Car: This article by U.S. News outlines some of the best times you can buy a car.
      43. Leasing vs. Buying a New Car: Consumer Reports thoroughly explains the pros and cons of buying and leasing a vehicle.
      44. Compare Costs: Buy New Car vs. Used?: Phillip Reed, an automotive expert, lays out the nuances of buying new and used cars.
      45. How to Buy a Car: Read this guide to get a general set of steps for buying a vehicle.
      46. 5 Tips For Buying A Car The Smart Way: Leverage some of the helpful tips when buying your next car.
      47. 12 Tips for Negotiating With a Car Dealer: Should you choose to buy from a dealership, these bargaining techniques could save you some money!
      48. Used Car Buying Checklist: Buying a used car can come with some risks. Thus, coming prepared with your own checklist of shorts could save you from buying a lemon.
      49. Car Insurance Frequently Asked Questions: Check out Allstate’s car insurance FAQ page to answer some questions you have about auto insurance.
      50. 10 Common Mistakes Car Buyers: Set yourself apart from the average car-buyer by avoiding these mistakes
      51. Why — and How — to Get Preapproved for a Car Loan: Prequalifying for auto comes with its benefits. Check out NerdWallet’s article to understand why.
      52. Certified Pre-Owned Cars: What You Need to Know: Although CPO vehicles generally cost more, they’re safer options compared to just regular used cars.
      53. What to Expect When Buying a High-Mileage Car: Here’s some information to consider when buying a high-mileage vehicle.

General Car Websites and Blogs

Gone are the days when car magazines were the source for car news. These sites are anything and everything cars. They make a great car-buying resource as they are outlets for the latest news, trends, buying advice, reviews, and everything else car-related.

1. 1. 54. CarBuzz
      55. MotorTrend
      56. Motor1
      57. Motor Authority

Bonus: Other Ways to Buy a Car

If none of these ways to buy a car jumped out at you, there are a few more options available. Although these are bonus ways to buy a car (defined by this article), they are just as viable as the other options presented in this article.

1. 58. Wholesale Stores: Warehouse stores like Costco and Sam’s Club offer an auto buying program. Members will get access to special savings on new and used vehicles.
   59. Rental Car Sales: Companies like Hertz, Avis, and Enterprise sell their used and CPO vehicles at great prices.

What do You Think?

I hope these resources will make your car buying process go smoothly.

Now I open the floor for you to chime in:

Have you recently bought a car? If so, how’d it go? What resources did or didn’t you use?

Is this article missing a resource that absolutely NEEDS to be included?

Simply leave a comment below so we can chat. 

The post 59 Car Buying Resources That’ll Save You Money appeared first on Easy Earned Money.

However, data collection isn’t all negative. Developers use this data to roll out updates and new features to the platforms we love the most. Besides, without some form of data collection, services like Netflix just wouldn’t be possible. It’s also worthy to note that you can monetize your data or the data you collect from someone else.

In this comprehensive guide, you’ll learn everything there is to know about data collection.

Table of Contents

1. Data Collection Definition
2. Qualitative & Quantitative Data
3. Data Collection Strategies and Methods
4. How to Make Money With Data

The Basic Data Collection Definition

What is data collection? Put simply, it is the process of gathering information through observations or measurements. No matter who or what is collecting the information, the goal is usually the same. The data serves to better accommodate customers, solve problems, and predict events. Now there are several different types of data.

Primary Data Collection

Data that is referred to as “primary”, is raw data collected from a source. Primary data collection is done by you! It’s first-hand or first-party information gathering directly from a source. If you own a business, this is the data you’re collecting from your customers. Common mediums for acquiring first-party data include: surveys, applications, landing pages, you get the point.

You probably value this information and you should! This information is pivotal in understanding your audience and instrumental in your ability to provide services. The more you know about your customer, the better you’re able to make their experience. This is a big reason why Amazon is so successful; they use data (especially primary) to provide the best possible experience for their customers. As you’ve probably already guessed, if there is first-party data, there are also second and third-party data.

Secondary Data

Second-party data is simply data collected by someone other than the end-user. Secondary data collection, like third-party, involves perspective. The data itself is primary data, you are just sourcing it from someone else. Therefore, you can be sure there’s some accuracy. You’ll find secondary data in books, journals, reports, websites, newspapers, etc. In some cases, second-party data could be more effective and efficient than its counterparts.

The benefits of secondary data collection include low cost, comparison applications, and it could save you time. Secondary data may suffer from issues with relevancy, but free is a price that cannot be beaten. Also, you’re not in control of the data collection procedure. You cannot set variables or control the methods or strategies at all. Nevertheless, secondary data has its applications.

Third-Party Data

Defining third-party data is not fun! I’ll keep it as simple as possible. Third-party data is information collected from multiple sources by an outside agency or company that has no connection to the users it’s collecting from. Easy enough right? So then, what’s its purpose? Third-party collection supplements your primary data. Therefore, It serves to complete user profiles and expand your audience. Third-party data is especially powerful for marketing.

There are many types of data collection. However, if done tastefully, you can realize some serious ROI with third-party data. For one, you can expand and enhance your targeted audience. After all, the more you know about your audience, the better you’re able to service it. However, this data is going to come at a premium. The benefits of combining third-party data with primary data far outreach the costs!

Not to undermine the importance of the other types of data, but primary data can be broken down further. First-party data is commonly described as either qualitative or quantitative.

Qualitative Primary Data

Often referred to as “categorical data”, qualitative data is descriptive. It’s not numerical and relies on observations. Qualitative data is subjective. Thus, it’s harder to measure. However, it still has a purpose. Much of your qualitative data will come from reviews, interviews, surveys, focus groups, etc. It’s the feedback that’s absent in quantitative data.

Qualitative data supplements its counterpart. For example, a restaurant’s revenue could be higher in the summer rather than the winter. Qualitative data could help the owner realize that their summer smoothie is loved by customers, thus increasing revenue. Although some businesses will benefit more from quantitative data collection, its counterpart should not be overlooked.

For more on Qualitative Data: An introduction to qualitative research

Quantitative Primary Data

Being the direct opposite of qualitative data, quantitative data is all the numbers, statistics, graphs, etc. This data is objective and easily measured. You’re able to collect loads of it and strategically organize and present the data. In fact, analytics hinge on quantitative data. If you want to notice patterns, create tests, or make predictions, quantitative data will be pivotal.

Naturally, quantitative data will be utilized more than its subjective sibling. Conclusions can easily be drawn from the large amount of this data that can be collected. There are many different methods you can use to collect it, which by the way, can be replicated for more information. However, Quantitative data can be vague. This is why it is used in tandem with qualitative data to create a complete picture.

For more on Quantitative Data: Quantitative Data: Definition, Types, Analysis and Examples

Data Collection Strategies and Methods

After you figure out what data you want to collect and create your plan, it’s time to determine how you’ll collect the data. You have probably used at least one of the methods you’re about to see. There are some things to consider before choosing your data collection method. Picking the right method will ensure the collection is accurate, cost-effective, and useful for you.

Method	Description
Observations	Collecting data purely from what's witnessed. Although observations can be subjective, some things can only be understood with the eyes.
Interviews	Getting testimonies by personally asking people questions or having conversations.
Surveys	Questionnaires that can collect multiple types of data. Versatile as they can come in many forms (online, paper, email, etc.).
Focus Groups	Collecting data from a group of individuals. Depending on how the session is structured, focus groups are like an enriched combination of interviews and surveys.
Online Trackers	Businesses with websites can utilize online trackers (like cookies) to create user profiles and learn more about visitors.

Analyzing the Data

Now that you’ve collected the data, all there’s left to do is examine it, as data is useless if you do not give it meaning. Some of the uses for data collection were mentioned briefly in beginning, but here’s a small list to remind you:

• Better accommodate customers or audience
• Solve problems
• predict outcomes
• Make calculated decisions

The more you sort, categorize, classify and define your data, the more useful it will be. Be aware of the difference between the quantity and quality of the data collect. For some applications, a smaller sampling size could provide more accuracy. Therefore, the more you specify and tailor your data collection procedure, the better your results will be.

Data Collection Services

You may already be collecting huge amounts of data, which can be daunting. For some, loads of raw data is completely useless. A DMP (data management platform) will compile and transform the data into clear, useable information. So, what exactly is a DMP? DMPs are platforms that collect first, second, and third-party data from sources. These centralized software platforms organize and arrange data for marketers, ad agencies, publishers, and other businesses. The best DMPs are flexible and robust. The more types and amounts of data that a DMP can store and connect—the better the platform. In no particular order, here are some of the best DMPs:

1. Lotame
2. Snowflake
3. Salesforce
4. Relay42

How to Make Money With Data

Finally, the part you’ve probably skipped to (if you didn’t—kudos). There are many ways you can make money with data. If you own a business, you could use everything you’ve learned here to improve your ad campaigns, thus making it more effective. Or maybe you’ve created a platform, and you’re looking for other ways to make money with it. There are also ways you can make money with your personal data.

SSP Quick Definition

Related to DMPs, SSPs (supply-side-platform) are mainly for publishers. They’re commonly used by publishers looking to increase or maximize their ad revenue. Whether it is an app or website or some other digital space, SSPs allow publishers to sell their virtual real estate. The best part about them is that they’re almost completely automated. All that needs to be done is the installation of the software. Here are some common SSPs:

• Google AdMob
• Google Ad Manager
• Xandr
• Microsoft Advertising

Make Money With Personal Data

This is probably the most popular way to make money with data. You’re trading personal information, opinions, or analytical data for money. Surveys, which usually don’t offer the most money, are very common. But we’re in 2020! Data has become more important and sought after, thus there are way more opportunities to make money with data than just surveys. Here are a few opportunities:

1. BIGtoken

BIGtoken is an app that allows people to earn money from their data. They compensate their users for surveys, check-ins, and a variety of other actions. BIGtoken pays out at the end of their 90-day BIG season. You’ll earn points for every action and objective you complete. The conversion scale is currently: one point equals one cent. You need a minimum of 1,000 points to cash out at the end of the season ($10). You can redeem 50% of your earnings every season, and leftover points get carried over to the next season. Although the conversion scale seems suspect, compared to similar platforms, reaching the required point value is very achievable. In fact, BIGtoken gives you 50 points just for completing their initial tutorial. You’ll quickly notice the number of actions you’re able to complete for points. Over time, you will ultimately realize BIGtoken is no scam!

Sign up for BIGtoken today, and join the team: EasyEarners13!

2. Delphia

Delphia is a super unique investing platform. They use the data collected from their users to drive their investment strategies. It costs $9.99 per month until you have $100,000 invested with Delphia. However, for a limited time, you can receive a discounted price when you connect certain apps to earn “data points”. Additionally, earning data points will give you a piece of the data dividend released every week. Delphia releases $500 every week to their community; the number of data points you have will determine how much you make.

Your data already influences investment companies and hedge funds. If you want to leverage your data in your investment strategy, check out Delphia.

3. ATM

ATM is similar to BIGtoken. Besides being a platform that pays you based on data, ATM is a new and growing company. However, how you earn money is different between the two platforms. Admittedly, ATM’s system is quite clever. Users can earn data dividends through “Data Dating” and by using the “Data Messenger”. Data Dating will take the user through a gauntlet of companies looking to connect with you. Then, ATM will display the information THEY used to connect you. From there, you can choose to accept the offer and data dividend or decline it. Unlike other companies, ATM doesn’t release your information to the companies. Meaning, you won’t receive pesky emails, texts, or calls unless you choose to when interacting with a company in the data messenger.

ATM is one of the great new ways to earn money by leveraging your data. As the company grows, more partners will be added to their already impressive amount of brand partnerships. Which means more money for the users! In fact, ATM is promising “Colony Data Dividends” once their users number one million or more. Meaning, you’ll earn passive income from your data. Download their app to take advantage of this growing opportunity.

4. Google Opinion Rewards

Last but not least, there is Google’s stab at surveys. There are hundreds of survey platforms out there. So why choose Google? For one, this platform is as straightforward as it gets. For example, there’s no currency system. Each opinion, survey, or review you complete has clear value. Additionally, the minimum payout balance is set to a nominal $2. Most importantly, it’s Google. If we’re going to be giving up our data (it’s optional to provide location data), it’s best to do it with a trustworthy company. Lastly, you can cash out via Paypal or Google Play credit. Head to your app store to start earning!

Data is becoming more pivotal in this world. Especially as we transition to industry 4.0. Big data is like gold for companies like Amazon and Google. Just think, 5G connectivity is just another way to support this emerging, data-driven world. Hopefully, you’ve learned a little bit about data collection by reading this article. If you want a step-by-step guide to collecting data, check out Scribbr’s guide. Otherwise, be aware of the data you’re putting out there. More importantly, know the ways you can profit from it! Comment below something you found interesting 🙂

The post Data Collection: The Complete Guide appeared first on Easy Earned Money.

Choosing the right platform will depend on what you’re trying to sell. Also, every platform has a different community and focus. After reading this list, you’ll know which platform is for you.

1. Decluttr

Decluttr, by far, might be the best new way to make money selling old electronics. The process is super simple. Whether it’s a gaming console, an old computer, or an old phone, Decluttr will buy it from you. The platform is expanding to many more products as well. For example, LEGO® and textbooks are among the products you can sell to Decluttr.

Here’s how it works. You search the inventory for your product (or scan it), select the condition, and receive your appraisal. Next, complete your order and place the product in a box. Decluttr will send a “welcome pack” (via email) which will include a free shipping label. Lastly, when your goods arrive at the warehouse, Decluttr will pay you the next day. You can choose between direct deposit, Paypal, or donation.

Decluttr’s process is quick, clean, and easy, Check them out if you have some old stuff you want to sell!

2. Letgo

Letgo is like a virtual yard sale. The app allows people to buy sell things locally. You can sell almost anything through Letgo. The success you have with Letgo is entirely in your hands. Uploading some high-quality pictures and writing detailed descriptions will improve your chances. Also, you’ll find many advanced features to make sure your listing gets sold.

Aside from listing your items on the platform, you can also self advertise via social media. You’re able to see how many people have viewed your listing, as well as those who have favorited it. Additionally, you can chat with interested buyers within the app to secure deals or negotiate prices. Lastly, Letgo has a variety of ways for you to verify yourself which makes you look more appealing to buyers.

Start selling your stuff with Letgo today!

3. Mercari

Mercari is like Letgo and Decluttr combined! For one, You can make money selling almost anything. However, there are no meetups with Mercari. When someone buys your items, Mercari will provide you with a shipping label. Unlike Decluttr, you’re in control of the price. So you have a little more work to do, but it is all worth it.

Most of the features Letgo has, Mercari has as well. You can chat with people, promote your listing via social media, verify your account, and more. Mercari has seller badges like “fast responder” and “quick shipper” which make you more likely to make a sale. Even more, you can follow other sellers or amass followers as a seller yourself. Offers and payments can be made through the app itself. All these features truly make Mercari an all-in-one selling app.

Mercari will give you $5 with your first sale. Also, use this link: https://merc.li/G5e224g3b to get $10 off your first order, as well as $20 when you make your first $100 selling with Mercari!

For the longest time, eBay dominated the consumer-to-consumer sale scene. In fact, it’s still a very good platform to sell through. However, there’s just something about the apps above that make this process easy. If you haven’t yet tried selling with these apps, we encourage you to try one of them. Sometimes a different venue is all you need to be successful. Be sure to let us know which platform is your favorite in the comments!

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