New Beginnings

This ought to be an interesting year. Why? Because we are in 2020…and that reminds me of hindsight being 20/20 vision. Maybe this time we’ll each get it right the first time. There’ll be no need look to the past to correct errors, because maybe this will be our lucky 20/20 not-much-in-hindsight but rather present year. And also, a little tip for 2020: make sure to write out 2020 in full your important documents/checks. It could turn ugly if the wrong person gets a hold of important documents and decides to add a 1 or a higher digit it could create a lot of trouble for you. With that, let’s raise a glass to 2020! Cheers and have a fantastic year! I can’t wait to see what it brings for all of us. New Beginnings

The Gig Economy Introduction

So here’s what I want to talk about: money…and how you can get some quickly while on your own terms. Everyone has something they’d change about their jobs, right? Same here, but the truth is that every job you have working for others is going to have something you don’t like. To be fair, many jobs have wonderful things about them, but at the end of the day answering to someone else is stressful. I hear ya. I am in the same boat with you and I want to share some information I think you’ll find helpful. Let’s talk about the gig economy and how it can benefit you.

The gig economy is extremely beneficial to a lot of large companies, and you know why? Gig jobs like Rover,com and Postmates are profitable for businesses because they don’t have to pay to provide any sort of benefits, and they’re not negatively effected if you work overtime. It’s a win-win for them. So, in other words, these companies are saving massive amounts of money and still receiving the end product that they desire. Some might argue that the gig economy is harmful to the worker because they have no benefits…but I think that depends on your perspective. You see, you’re already a step ahead by researching the gig economy options. Kudos to you, you made it this far! In my opinion, as someone who has been a part of the gig economy for the past few years, it is a great option. You just have to know how to structure and save your earnings so you’re not stuck with a massive tax bill (taxes are not automatically taken out) at the end of the year. Now back to the getting money quickly part.. Are you ready? Do you know what tool you can use to easily get a gig job? Hint: it’s probably what you’re using to read this piece right now. You don’t need much. You just need a smartphone with data or WiFi access to download and use the apps and a bank account that you can deposit your earnings into. That’s it! Pretty painless, right? Now…let’s talk about some jobs you might like to try your hand at.

  1. Rover.com Do you like dogs? Me, too! In fact, I LOVE dogs. Their slobbery kisses, cute faces, abundant joy and never ending love melt my heart each and every day. I notice every dog everywhere I go. I can’t get enough of them. I have to give my love to all of them. I also love being my own boss, making my own hours, setting my own pay rate and only answering to myself. So what would the perfect side job be for me? Why, dog walking/pet sitting, of course; and that’s where Rover comes in. It is very easy to get started. All you have to do is head over to Rover.com, fill out the preliminary application, agree to the background check, and set up your profile afterwards. Then it’s up to you. I’ve found that using the sharing tool on the website to promote my business on Craigslist is very beneficial.
  2. Postmates.com Do you like to exercise and get paid to do it? I’m a gym girl and I love getting outside and walking, so I don’t mind the extra exercise! Simply go to postmates.com, follow the prompts, download the app, do the background check, get your post mates pre-paid card and a delivery bag and you’ll be making money in no time! There is a base pay per delivery and often times clients will tip a small amount. It is definitely worth it if you want to make a few extra dollars here and there.

With that, I’m signing off for the evening. Happy earning, entrepreneur!

Let’s Talk About Prosper

While researching different p2p (peer to peer) lending platforms, I learned that the two most popular and mainstream options are Lending Club and Prosper. They have similar set-ups and goals, but they certainly differ in their requirements to be a lender. They’re both great, it just depends on how much money that you have to start off with. Lending Club requires a starting amount of $1,000.00. That also means that you could start to make a decent monthly return (don’t forget that return includes BOTH principal payment and interest together, not just interest). My financial situation does not allow for me to have a free $1,000.00 hanging around…yet. I’ll get there eventually. Patience is key in the financial improvement world when you have little to start with. In comes Prosper. Honestly, I know more about Prosper than Lending Club simply because I am able to invest with them. Prosper only requires a first deposit of $25 and the minimum to invest in a loan is $25.

 

So yay! You’ve ready to invest your first $25 into a loan! Where do you start? What’s your game-plan going to be? Don’t know yet? Neither did I, and I’m still learning and growing. Bear in mind this one awesome detail: you don’t have to fun an entire loan by yourself (and in my opinion you probably shouldn’t). You can put in as little as $25 per loan. These loans are funded by a large group of investors, not just one, so it’s less risky if you invest in many loans with smaller amounts, than one loan with a larger amount. How do you choose which ones to invest in? It’s tempting when you get on the list of available loans and you see that D grade loan with a 23% interest rate that looks so attractive…soooooo attractive. Then you see the A grade loan next to it that looks…not quite as attractive. You think to yourself: really? 7%? Ugh. But there’s something important about the difference between these two loans and it’s a huge deal when you can’t afford to lose any money. As attractive as that high interest loan might seem…it may not be the best option for you…or it could the be that the A grade loan isn’t right. I’ll tell you why.

 

When Prosper vets’ borrowers they have a multi-step process. Borrowers enter information about their finances including their income, what the loan is for, etc. Prosper also tells the individuals funding the loan valuable information that could sway an investor one way or another. Prosper rates each loan based on historical statistics of loans of its kind. The ratings go from 1-11, with 11 being the more secure loan to invest in, and 1 being the riskiest (according to Prospers algorithm). Personally, I know that people make mistakes just like I have, so I give a little wiggle room when it comes to the grade and I generally accept 7 or higher. I think about it like this: on paper I did not look that great in the past, but I’d not default on paying a private loan to anyone, as I know that people work very hard for their money just like me. Therefore, I know that Prospers number grade may not encompass the entirety of that borrower. Even with their advanced systems they can’t avoid a borrower who may default on their loan who may have a great numbered grade. It’s unfortunate, but it’s true. Then I look further because I need more info to decide, but Prospers grade is a good starting point. I’ll let that info sink in for now.

I know it’s a whole world of financial possibility that I’ve introduced you to, and we’ll talk about the next steps in my consequent posts. Remember, you can always message me questions and I’ll get back to you asap!

 

P.S. Also, please remember to consult a certified financial advisor when it comes to the big decisions that you need help with. Although I have knowledge in this area, I would not pretend to be an expert. Happy financial improving! 😊Holding-Hundred-Dollar-Bills_4460x4460

Kindness is Contagious

I’ve been inspired lately to write about something that I feel can sometimes be taken for granted. I don’t really know what to say about it so far, so here goes. This is my brain drain about kindness. Kindness is contagious.

Have you ever noticed on the train how someone asking for money often goes ignored? Then, out of the many, one person donates…and it’s a ripple effect. People notice what is happening. Something in them encourages them to give what little they can. Automatically the heaviness on the train lightens just a little bit. A few smiles and kind words are exchanged. We are all reminded of the fact that others, too, are sometimes kind, in a world where it feels that not many are. For a brief second someones day has been made better, and that candle has been re-kindled inside them. The hearts of all involved have been pushed open just a little bit and warmth has been let in. It’s contagious; the best kind of contagious.

I’m a lover of inspirational quotes, so naturally I was looking up the perfect quote to share in this piece about kindness. There were way too many perfect quotes for me to share in one article; too much good material available, ironically! One of my favorite ideas, though, is that kindness begets kindness by using the law of attraction. In a nutshell, what you feel and put out into the world becomes your reality. I have personally known this to be true in my own life.  So, by being truly kind to the core you are not only improving the lives of others, but you are attracting kindness to you. Even when kindness is not reciprocated you can rest easy knowing that the universe has your back, and feel good about what you have done. So, you may ask, what inspired me to write about this? 

I won’t go too far into detail about the reasons behind why I was feeling stressed and low, but I will tell you about the person who showed unconditional kindness. It all happened in a coffee shop, of all places, in midtown NYC. It was a colder day and I went to Princi (which is fabulous, by the way) for a hot chocolate. Upon reaching the register, the barista, Nefertari, could tell that I could use a little boost and she treated me with such care and kindness that it truly warmed my heart. She went above and beyond with amazing customer service, a true to the core smile, and I could tell that her heart is very kind. She didn’t ask questions, she just knew and exuded such a warm, understanding energy that I couldn’t help but smile. I left that day feeling a little bit lighter. I was on the receiving end of a truly kind act, and I haven’t forgotten that. Everyone should have a Nefertari in their lives. I told her I would be writing a shout-out to her on my blog, and I hope to help pay it forward. If you have the chance, stop by, grab a hot chocolate, and enjoy the awesome atmosphere and warmth (literally, too) of Princi on an otherwise cold day. It could be exactly what you needed. Thank you, again, Nefertari, for reminding me that there are truly kind people out there. I hope it comes back to you tenfold!

 

Composing Beauty

Ingenuity, I love that word! It has such a nice ring to it, and such a deep meaning (at least to me). I view ingenuity as an essential skill in creativity, and creativity/ingenuity an essential skill of surviving in this new, digital age. I find it fascinating that one can create a job or a career for themselves where there was nothing before. In today’s day and age the opportunities for money making are endless. One of my inspirations for this exact thing is Lin-Manuel Miranda, internationally famous composer of Hamilton, In The Heights, and a member of Freestyle Love Supreme (who, I’m sure, has many more credits, both famous and not, to his name).

I’m absolutely enthralled by his tenacity, skill, perseverance, and his genius. He literally put himself on the map in the entertainment world. He created something brilliant using just his brains, skills, experience, and a pencil and paper. Not only that, but it’s given other artists the opportunity to be a part of the beautiful, caring community that he’s created throughout this process. He’s even changing the world and peoples’ lives by using his works to support causes that he cares deeply about. That, to me, is ingenuity. It”s creativity. I could write many, MANY more paragraphs about my admiration for him as an artist and person, but I’ll get to that in a later post because I could write a novel on it with my ability to go off on tangents and daydream (although that is not a bad thing).

With technology we have the tools to create new things every day. Heck, this article is new right now. It is not a masterpiece of an article, but it’s being created now, in the moment, and shared. Nowadays we have all kinds of opportunities for financial success, we just have to use our ingenuity to build on them. For example, in the past we couldn’t write something and automatically earn money  within a moments’ notice. Now we can. We couldn’t write a book and have it published on amazon without going through the proper book publishers outside of the company and then selling it…but now we can self-publish books and sell them online. We couldn’t automatically create a video of ourselves performing and broadcast it to the world, thereby gaining fame. Now, we have stars who got their start doing just that on youtube. The opportunities are endless. When you think about it, once you open up your mind and heart to creativity so many ideas can come pouring in, and you just have to work tirelessly at them, with all your passion and heart, to create something that you truly stand by. You don’t even have to create for others. Create for yourself, and your passion, care, tenacity, strength, and genius will shine through and you will find your own success by using inginuity.

Composing Beauty

Ingenuity, I love that word! It has such a nice ring to it, and such a deep meaning (at least to me). I view ingenuity as an essential skill in creativity, and creativity/ingenuity an essential skill of surviving in this new, digital age. I find it fascinating that one can create a job or a career for themselves where there was nothing before. In today’s day and age the opportunities for money making are endless. One of my inspirations for this exact thing is Lin-Manuel Miranda, internationally famous composer of Hamilton, In The Heights, and a member of Freestyle Love Supreme (who, I’m sure, has many more credits, both famous and not, to his name).

I’m absolutely enthralled by his tenacity, skill, perseverance, and his genius. He literally put himself on the map in the entertainment world. He created something brilliant using just his brains, skills, experience, and a pencil and paper. Not only that, but it’s given other artists the opportunity to be a part of the beautiful, caring community that he’s created throughout this process. He’s even changing the world and peoples’ lives by using his works to support causes that he cares deeply about. That, to me, is ingenuity. It”s creativity. I could write many, MANY more paragraphs about my admiration for him as an artist and person, but I’ll get to that in a later post because I could write a novel on it with my ability to go off on tangents and daydream (although that is not a bad thing).

With technology we have the tools to create new things every day. Heck, this article is new right now. It is not a masterpiece of an article, but it’s being created now, in the moment, and shared. Nowadays we have all kinds of opportunities for financial success, we just have to use our ingenuity to build on them. For example, in the past we couldn’t write something and automatically earn money  within a moments’ notice. Now we can. We couldn’t write a book and have it published on amazon without going through the proper book publishers outside of the company and then selling it…but now we can self-publish books and sell them online. We couldn’t automatically create a video of ourselves performing and broadcast it to the world, thereby gaining fame. Now, we have stars who got their start doing just that on youtube. The opportunities are endless. When you think about it, once you open up your mind and heart to creativity so many ideas can come pouring in, and you just have to work tirelessly at them, with all your passion and heart, to create something that you truly stand by. You don’t even have to create for others. Create for yourself, and your passion, care, tenacity, strength, and genius will shine through and you will find your own success by using inginuity.