Probate and How to Prevent It

Written by adminAugust 16, 2018
Saving

Losing a loved one is extremely tough. In most circumstances, it’s sudden and leaves a huge burden on loved ones. They’re not just dealing with extreme grief and loss, but in a lot of times, what comes next can divide families and cause even more pain. It’s called probate and it can tear your family apart.

As difficult as it is to lose someone, the situation gets worse after the funeral. Americans don’t prepare for their death. According to a CBS News poll, 60% of Americans don’t have a will, and those who do are usually in the older generation.

Only 22% of people between the ages of 18 and 49 are prepared. It’s easy to understand why. No one thinks they’ll go early. Accidents are rarely planned out, violent crime is unexpected, natural disasters can come suddenly. And illness can hit at any time.

Also: http://financialhelpers.com/worst-credit-card-options-for-debt/

It’s scary to think about, but not having a plan in the event of our deaths can be even scarier, heart wrenching, and painful for our loved ones after we’re gone. If you have a lot of assets, money, and possessions, what happens next is a long, painful experience known as probate.

Legal issues, insurance, assets, money, and investments are sorted out. Who gets what? Yet, families have split and fought over material possessions left behind. That means it will require a court hearing to distribute all of these things legally. It’s not as simple as it sounds.

Dying Without a Will

Unfortunately, the court distributing assets and possessions isn’t an easy process because most people don’t have wills. If you did, then the judge can make a ruling based on that and carry out your wishes. It’s even easier with a living trust. Without either of those, an appointed administrator will then have to figure out the pieces.

And it’ll be a long, frustrating process. Not everything is divided up evenly. The more you have, the more difficult it gets. Still, there are several difficulties with probate we will discuss briefly.

#1: Time.

If time is of the essence, you’re out of luck. Sometimes parents are paying for college, kids live at home, or any number of circumstances that would require them have need of their inheritance as soon as possible. If you even have to consider mortgage and car payments, even if no one is using them. It’s not unusual for probate to go on for months…or even years.

#2: The Cost.

Probate can get quite expensive. If there’s a will or living trust, the process will be simpler and cost less time. Without those, the process can get quite lengthy. Of course, the longer the proceeding, the more expensive it can get.

#3: Family Fights.

Yes, families have literally destroying themselves after a family member dies. Usually they are the bedrock of the family who hold everything together. The bad part is, anyone can contest a will. But, if you want object A, and your aunt also wants it, she has a dispute and the case will rage on until all parties are satisfied.

Don’t allow the court to decide your estate. By writing a living trust, it will assure your prized possessions end up in the right place. Not only that, it’ll save them time and money down the road.

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How I Saved A Lot of Money Taking a Family Vacation

Written by adminAugust 6, 2018
Saving

As we enter the dog days of summer, back-to-school commercials are already blasting on every TV channel. Preseason football is making us think about fall. So, you might be wondering if I’m a bit late with this article. If you had a family vacation this year, it was probably in the summer months before now.

But, as a rule, we at Financial Helpers understand that the best way to save a lot of money! And vacations don’t have to be summer mainstays either. If you’re a family with a tight budget, then this article is for you!

Some trips can cost thousands of dollars, depending on the size of your family vacation. Admission to theme parks, hotel, car rental if you choose to fly, airfare, and food can all vary depending on the time of year.

One of the first things I did to have a great vacation for cheap is by doing a season swap. Various destinations have busy seasons where the price to stay there is extremely expensive. You can be forced to $300 per night at a hotel that only charges $70 in the offseason. Mark ups can be incredible!

Attractions More Expensive for a Family Vacation

My sister lives in a tiny town in Northern Michigan that’s very touristy in the summer months due to all the amazing outdoor activities near Lake Michigan and its proximity to Traverse City, one of the state’s top attractions. I know when it’s summer, I won’t even dare to book a room unless I want to spend over $150-$200.

When I visited the family over the Christmas holiday, it only cost $30, which was a good deal. This tells me that I can save a lot of money visiting destinations during the times of the year when these places are practically begging for business.

Also: http://financialhelpers.com/4-strategic-steps-to-help-you-get-out-of-debt-forever/

Here’s the thing: booking early has the same effect. If you wait until the last minute to buy a plane ticket or book a hotel, you will pay A LOT more than booking your family vacation a year to six months in advance.

Food is also another major expense that needs to be planned ahead of time. You can easily save a few hundred bucks by choosing a hotel that offers free breakfast. Some of the pricier hotels might offer breakfast service, but you can expect anything you purchase, like room service or anything from the mini-fridge, has been marked up considerably.

Free Is Always a Good Deal

If you get free breakfast from the hotel, the selection might be limited, but it will save you a lot of money over the life of your trip.

It’s also important to remain realistic about when you fly. It doesn’t matter when you book your tickets if you try to fly out around a holiday. The fares will always be expensive during peak times of the year. But if you’re not flying on a holiday, there are days of the week that tend to be less pricey than others.

For example, weekends are a peak time for flying, so fares on a Friday might be higher than flying out on a Wednesday when there’s less traffic.

Cheapair.com did a survey and found that travelers saved $200 on Thanksgiving travel. They left on Monday and returned on Friday rather than the typical timeframe. So, if you hope to save money on travel, choosing infrequent days can save a lot of money.

Just because you’re on a tight budget doesn’t mean you can’t enjoy a nice family vacation. Get away from the grind! Just make sure you plan early. Sign up for alerts, book tickets to fly out during the week, and choose destinations during non-peak times. You’ll save a lot of cash in the long run.

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Personal Finance Advice for Women Who Struggle with Money

Written by adminAugust 3, 2018
Saving

Women are often the backbone of most American families. They are the caregivers and the glue that keeps everyone together. They’re also typically the financial stewards and keeper of the checkbook. But, studies show they are a vulnerable demographic when it comes to having personal finance knowledge.

Usually, it’s the men who make the money, do the investments, prepare for retirement, and because of this, more women leave it to their husbands to figure all of that out. Women who have a credit score below 700 are particularly inept at being financially prepared.

A survey by Elevate’s Center for the New Middle Class revealed that only 39% of women believe they have the right skills to manage their money. Because women live longer than men, it’s imperative that they prepare for life outside of retirement with their spouses. They need to go above and beyond knowing how to balance a checkbook.

Also: http://financialhelpers.com/4-things-every-parent-should-know-about-student-loans/

Of course, these statements do not imply women are just dumb with money, but rather they fall behind their male counterparts in taking the initiative to understand and prepare for their financial futures, leaving it to their husbands to figure it all out. This can leave them in an incredibly difficult personal finance situation.

Women are more likely to have their hours cut at work, three times as likely to have lost their job than men, and rarely have a safety net around them, like emergency savings.

Here are 3 ways women can educate themselves further and bridge the knowledge gap:

1) Unleash the Power of Apps

For women who aren’t knowledgeable in finances and struggle to keep up, there are a lot of apps out there that can help you figure it out. Apps can be helpful by showing you how to budget properly and stash away cash for an emergency. Doing this not only offers you better control of your finances, but peace of mind as well.

2) Get Aggressive About Personal Finance Education

Surveys show that non-prime women with lower credit scores have basic knowledge, usually learned from their parents, on how to manage their money. Beyond that, they’re clueless. Times have changed and women must be more aggressive in learning what they don’t know about saving, investing, and preparing for retirement.

You can study blogs, read books written by experts, take classes, and even counsel with professionals to catch up on tips and strategies you can use every day.

3) Follow Up on All Your Options

It’s sort of like having a contingency plan. Look ahead at all the issues and problems that could happen. What if you suddenly needed $2,000? How would you get the money? What if your car fell apart and insurance failed to pick up the bill? What if the economy took a downturn and you lost your job?

Be prepared for any and all personal finance situations that could happen any given day. By being prepared for these things, you won’t be caught in a stressful situation without a plan.

Personal finances aren’t too difficult to master if you give it time and energy to learn. If you find you’re struggling to save money or work isn’t that stable, a lot of women turn to online entrepreneurship to fill in the gap. It allows to make extra money while still being flexible around their family’s needs.

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How to Prevent Yourself from Relapsing Back into Debt

Written by adminJuly 30, 2018
Saving

It’s is super easy to get into debt. Life is chaotic and when someone is throwing around what appears to be ‘free money’. If you need (or really want) something hard enough, you can get the financing for it.

There are a number of Americans who stuck to their guns, followed intense programs, and got out of debt once and for all. The problem is, do they stay debt-free, or do they see themselves as having done it once, they can do it again?

It’s a truly liberating feeling to get out of debt, but a little less than half of the country spend more money than they have. A lot of it has to do with the cost of everything going up and wages staying low. If we can’t afford healthcare or to save money, then it’s quite easy to find ourselves pulling out the plastic to afford everyday costs.

In order to stop yourself from getting behind on payments, you have to be proactive with your spending. If you can’t afford something, don’t buy it. In the end, what is the point of eventually paying A LOT more money for something down the road just so you can have it today?

Here’s what you need to do in order to protect yourself.

1) Have a Savings Account

This might sound simple, but most Americans don’t have one! They don’t have one for emergencies, for saving up for vacation, or to pay for things down the line they might need or want. If they had such an account, it would save them wasting extra thousands of dollars down the line to pay for things.

If you have an unexpected bill, you have our emergency savings. If you decide to buy a house and need a down-payment, you have savings. If you break your arm and are out of work for a few weeks, you have savings. It’s better to save money now rather than something big happening later and having nothing at all.

2) Use Cash

This is a big one. Use cash to buy things. When you budget your money, stick the cash in an envelop to prevent overspending. For example, if you set aside $150 for groceries, put that amount of cash aside. When you go to the store, you won’t be tempted to overspend thinking you can just pull out the plastic.

If you want to prevent credit card debt, get rid of the credit cards.

3) Budget, Budget, Budget

This goes with point two, but staying strict means keeping on a budget. Know what you want to spend on things and keep it at that level. By budgeting everything, you will have a better chance at saving money to go into your emergency savings fun by not overspending.

It’s also easy to incur late payment or overdraft charges. If must have a credit card for when times are tough, don’t leave your balance hanging. Pay it off as soon as you can.

If you were able to overcome debt in the first place, these tips and strategies are things you already know work. It’s important to keep up with them to keep your financial freedom. Saving money will always be the preferred way to go over piling on more debt and getting deep once again.

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5 Steps You Can Take to Prepare for the Next Recession

Written by adminJuly 27, 2018
Saving

As the United States continues to move out of the Great Recession of the past decade, economic excitement is high. Jobs are up, unemployment is done, and optimism is through the roof. Tax cuts and promises of more tax cuts by the Trump administration has most Americans feeling pretty great about the future.

Despite this, recessions are a normal part of the economic cycle. Regardless of whether you’re prepared for it or not, the next recession WILL happen and it will come faster than you could ever imagine.

The majority of Americans who struggled during the last recession didn’t learn their lesson and kept pursuing the same behaviors that got them into so much trouble in the first place. They continued to add to their debt, refused to save money, and forced the government to spend trillions of dollars to keep the banks and other industries afloat.

There are a number of economic experts who believe the next recession is just over the horizon and say there’s a small chance it happens between the tail end of 2018 through 2020. In reality, the markets could tank in a matter of seconds and send this upward momentum into a tailspin.

If you want to be prepared so your family isn’t one of the millions who will suffer and struggle to get by during that time, there are steps you can take to make yourself recession-proof. Let’s look at several of them.

1) Create an Emergency Fund

It’s been previously reported that a majority of Americans don’t even have $400 saved in the event of an emergency. That’s bad news! If you lost your job tomorrow, how would you get by? Right now, you might not be without a job for long, as there are plenty of openings out there. But during a recession, work is often sparse.

$400 wouldn’t cut it. $1,000 is crumbs. What you need is at least six months saved in your account to help you for an extended period of time as needed. That’s good advice even during the good times, because companies still decide to close or move overseas no matter the economy. Be prepared for any emergency, big or small.

2) Reduce your Debt

If you have a bunch of debt, as most Americans do, it’s really to your detriment and makes life incredibly hard during a recession. In fact, high debt was one of the causes of the last recession, so when people stopped paying back what they owed, banks needed to be bailed out to survive.

You can consolidate and reduce your debt by calling Financial Helpers today. We can hook you up with various government programs designed to help Americans pay back student loans, reduce their debt payments, and so much more. Call us today to learn more at:

Call Now 1-844-332-2079 

3) Balance Your Portfolio

A lot of investors pick a spot or two and throw all their investment into that, but it’s not a smart move. The market might be soaring today, but tomorrow could tank your whole investment. If you spread yourself out, you’re less likely to lose it all. There are a variety of recession-proof stocks and commodities that do fairly well even with everything else is dropping.

4) Improve Your Standing at Work

Most companies don’t shut down completely during a recession. Because so many customers are struggling, they lose money and end up cutting workers to save money. The more valuable a person is to their employer, the less likely they’ll be cut when bad news hits. The company will operate with reduced numbers until the turnaround happens.

5) Cut Costs

Paying off your debt will significantly make things a lot cheaper. If you have a car you’re no longer making payments on, and the house is yours, and the student debt is gone, you’re not making payments on those things. Cutting costs during the recession will be necessary, but cutting costs today to save money and pay debts TODAY is essential to survive.

In order to get through tomorrow’s recession, you must prepare today. Don’t wait until the last minute to decide you’ve been living above your means.

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Shopping at the Dollar Store Can Save You Big Money

Written by adminJuly 23, 2018
Saving

If you’ve ever stepped into a dollar store in the past, you might not have been too impressed. In fact, you might not think much of them now and believe they are full of off-brand items, bad lighting, and disgusting food.

A kid might light up, but they didn’t know any better. A toy is still a toy, and if you couldn’t afford the brand-new Transformers or Barbie, then maybe you’d don your disguise and head inside.

But over the last decade or so, dollar stores have upped their game. They’re no longer the pit they once were and can really save you a lot of money, especially if you’re throwing a party and need a bunch of decent decorations for cheap.

You could easily stop by Party City and pay $10 apiece for decorations and spend $50-$60 total. Or, you could go to the dollar store for the same quality items for $1 each. You could buy supplies for the whole party and spend less than $20. And it’s not just party supplies!

Birthday cards, plastic containers, dish soap, craft items, toys, coloring books, paper plates, snacks, and many, many other useful items…and they’re all for a $1 each. Still, you might not find too many name brands, but if you’re trying to live cheap to save money or pay off debts, the dollar store is a godsend.

It gives you the option of still being able to afford having that party without spending half your paycheck doing it. Even if you don’t have a party to decorate for, stopping at the dollar store before shopping can save you a lot on non-grocery items you buy regularly, like toilet paper.

You might just be surprised on what you find there. They thrive on getting you in the door and making a profit on customers being thoroughly surprised and buying more than they intended because it’s only a buck. This may be the only time you won’t feel guilty doing so.

Dollar stores often buy extra overstocked or out-of-season items. It’s like going to Target after Christmas and seeing their decorations at a fraction of the cost. The same idea applies here.

Tips for Saving Big

Even if you find something at the dollar store you buy regularly, it doesn’t mean it’s cheaper. Sometimes, they’ll get you with the brand name and you’ll think you’re saving money, but it’s a smaller size, so you’re actually losing money.

That means you need to do a bit of comparison shopping. Most of the big stores have websites where you can look up prices. If it’s more than $1 for the same amount of product, then you will save money.

Another tip is to know where you’re shopping. Some of the bigger stores might have the word ‘dollar’ in them, like Dollar General, but that doesn’t mean it’s your average $1 store where everything is priced at a buck.

Being a knowledgeable shopper means knowing where and how to save the most money. If you’re watching your budget and need to save a bit a cash, there’s no shame in visiting the dollar store. Your wallet will thank you in the long run.

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It’s Becoming Increasingly Impossible to Fund Our Own Retirement

Written by adminJuly 20, 2018
Saving

It’s a wonderful thing that people are living longer these days thanks to modern medicine. More people are living past their 80s than ever before. While physical health is improving, it’s taking a toll on our financial well-being.

Fewer companies are helping their workers save for retirement, and because we’re living longer than expected, it’s leaving us to wonder how we will be able to fund the entirety of our retirement.

In a lot of cases, we won’t be able to. It’s as simple as that. And it’s devastating to those who are ready to enter that golden age of their lives, but have to keep working because they simply can’t afford to retire.

It’s not just having the money, either. The typical American workforce is changing, thanks to economic disasters that have pulled people out of the factories and on the computer.

Right now, 33% of our workers are freelancers, a number that is growing significantly with each passing year. 16% of these freelancers plan to keep working past retirement age because they simply won’t be able to afford life otherwise.

80% say debt is the number one reason why they’re not saving.

John Stein, CEO of Betterment, believes Americans need to find a new retirement strategy.
“The emergence of the gig economy has changed the American workforce. And the way we save for retirement needs to change with it,” he said.

Of course, this isn’t just for U.S. freelancers, but for workers around the world. Nearly half of all workers and retirees alike believe that the next generation of workers will have it much worse than they do.

Work-sponsored benefits are disappearing. Social Security is dwindling. And extreme levels of the debt, the highest we’ve ever seen, make it impossible for workers to afford their own retirement. It’s a perfect storm of frustration and fear for future workers who don’t want to work until they die.

Catherine Collinson, the CEO at Transamerica, is watching all of this unfold. She says:

“People are living longer than any time in history and birthrates are declining. Employers have been replacing traditional defined benefit pension plans with employee-funded defined contribution retirement plans. Today, individuals are expected to take on increasing risk and responsibility in self-funding a greater portion of their retirement income.”

35% of Americans are considering investing in the stock market, but nearly half worry about an incoming recession and market volatility. Really, all options are seemingly falling apart.

The average amount needed to safely retire on is between $1 million and $1.5 million, which is usually earned over the lifetime of a career. But now, there are plenty of 30 and 40-year-olds who haven’t even been able to save a penny and are racked with so much debt it’s hard to breathe.

In fact, 1-in-3 of U.S. citizens have nothing saved. According to a CNN survey, 56% of us have less than $10,000 saved. Only 13% have more than $300,000. This is showing a huge discrepancy between need and ability to save. It’s particularly difficult for women, as they are less prepared than men and live longer on average.

The best way to conquer this is to save money as if you’re retiring tomorrow. Because of the debt situation, retirement isn’t as much of a priority to Americans and it shouldn’t be that way, especially as you get older. Do whatever you have to do, even if that means you put in extra hours doing freelance to get there.

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7 Ways to Prevent Impulse Buying

Written by adminJune 28, 2018
Saving

We’re all guilty of impulse spending at times. We make a quick run into the store to buy a gallon of milk and come out with a cart full of goodies we weren’t expecting to buy, and probably shouldn’t have bought, but we saw it and tossed it in without a second thought.

Impulse spending can be fun at times, but it often leads to buyer’s remorse later on. This is especially true if your budget isn’t quite in great shape. The best way to decide if you have a problem with impulse spending can be to add up how much money you spend on frivolous things you really could go without.

The truth is, you were set up to fail before you even set foot in the store. There’s a concept called “The Power of Perimeter” that the vast majority of stores follow, which was designed to get you to impulse buy.

For example, there’s a very good reason why they put milk at the very back of the store. They know most people buy gallons of milk on a regular basis, so if you’re making that quick stop, you’ll have to trek through multiple aisles to get to what you really came for.

If you’re really hungry, they hope your eyes will spot the Little Debbie’s snack cakes on your way to the back. In fact, they put all the essential items people buy regularly (bread, dairy, meats), on the outside perimeter of the store, forcing you to walk by/through most of the store just to get the essentials. It’s not just supermarkets, but retail who does this also.

If you’re on a tight budget and you’re trying to save money, this can be dangerous ground for you to walk on. There are seven ways you can combat this and it involves you being fully prepared and ready for war before you walk in.

1) Write a list. The goal of most stores is to get you to spend as much money as possible and they hope you show up unprepared. But, if you write a list and are determined to stick ONLY to that list, you’ll have a lot more success.

2) Put a limit on the number of visits to the store you make. Plan your shopping trips around your pay schedule and buy everything you need for the week at one time. If you’re proactive and plan ahead, you’ll have much more success preventing impulse buying than the person who runs into the store every other day.

Calculate how much milk your family drinks in a week. Buy two gallons if you need to to stop yourself from going mid-week.

3) Use store apps. One of the latest tech trends that are super convenient for shoppers are store apps where you can shop online. Kroger, Meijer, Walmart, and most other major stores have this option. They will do the shopping for you and you just pick it up curbside. It completely takes impulse buying out of the equation.

4) Don’t shop while hungry. This is a big one. Most people who make a quick trip to the store do so right after work or midday on the weekend. If you’re hungry, your stomach might make all the buying decisions for you, and you’ll overspend based on what you’re feeling at that moment. Instead, eat before you shop.

5) Avoid window shopping, especially when you’re bored. A lot of people get bored and decide they’re going to go window shopping or even worse, hit the mall. But these stores are designed to peak your attention and get you to want to walk in and buy something. It’s like going to the grocery store hungry. If you’re on a tight budget, find something else to do!

6) Rationalize your spending. Before making a purchase, there are a series of questions you can ask yourself. Do you really need that item? Can you afford it? Can you wait to buy it? Do you have other bills or debts that are more important? Will this item go on sale (there are a lot of apps out there that will let you see the history of prices for various items)?

7) Set a budget. You should know what you can afford to spend each month. Set aside a portion for food and other necessities. If you know you will need new clothes that month, decide what you’re willing to spend ahead of time and stick to that budget.

Overspending is easy when they design stores to trigger you into impulse buying mode. By taking your time and planning ahead of time, you can save more money and keep your budget intact.

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5 Ways to Make Extra Cash this Summer

Written by adminJune 13, 2018
Saving

The first official day of summer is fast approaching. Most of the kids across the U.S. have already finished the school year. College students are settling into their summer life. It’s a good time to relax and unwind, if that’s really how you want to spend your time.

But, if you’re highly motivated, there are plenty of opportunities for you to get your side-hustle on and make a bit of extra cash for whatever you need it for. Maybe you want to pay off debts, get a down payment for a car, or need a little extra income for travel. Whatever you need it for, right now is the best time to earn it.

Here are the benefits to finding a summer job:

-Close to home. You don’t have to go very far from home to find extra work.

-Save money on gas/travel.

-Convenient. You can do it whenever you get extra time.

-You get a chance to meet interesting people and your neighbors.

-Easy to get going. Just print off fliers and cheap business cards offering your service.

-People around you know who you are, so it wouldn’t be difficult to convince them to hire you.

-Cash. You don’t have to wait for a paycheck. Do the job and get paid right away.

These are typical jobs that you might find a teenager doing, but it’s not bad work if you apply yourself and need a bit of extra cash. There are people who make an extra $1,000 per month doing these jobs.

The best part? There are all sorts of apps that can help you in ways that you couldn’t even imagine. I certainly wish I had these options when I was growing up, but now you can wield the power of the internet at your fingertips to expand your reach.

Here are the five ways you can make extra cash this summer:

1) Lawn Care

In the summer, there’s no shortage of lawns that need constant care. There are plenty of people who would rather shell out a few bucks to have someone else do it for them. Depending on what services you want to provide, you can make a killing.

You can even use a subscription-based model to make even more. You can offer regular lawn care for $100/month. If you find 10 clients, that’s an extra $1,000 every single month just mowing lawns on the weekend.

Also, during the summer months, a lot of landscaping companies are hiring to keep up with demand, so you can look into that as well.

2) Pet Sitting

This is one of the easiest ways to make money out there. There’s a variety of ways it can be done. Pets mostly take care of themselves minus being able to put food in their bowls and go out for a walk to relieve themselves. Most of the time, it’s a quick job and it pays well.

Summer is a great time when families go on vacation. You can save them a lot of money by offering to pet sit so they don’t have to take their furry family member to the kennel. A lot of clients will allow you to stay in their home, eat their food, and watch their TV while paying you good money to make sure their pet is well taken care of while they’re gone.

Also, there are new apps that people can use to hire dog walkers. Sign up for that and you can represent your neighborhood!

3) Housekeeping/House Sitting

If you love to clean (or even if you don’t, but it’s tolerable) you can make money doing it for others. There are a lot of people out there who will pay you to help organize their stuff, clean out garages and/or basements, do final clean-ups after moving out, or maybe they’re disabled and willing to pay for extra help for a while.

To reuse the point about vacations, people need more help than just watching their pets. They could use someone to check on their home, water plants, bring in the mail, and do a few other chores to keep things looking good while they’re away.

Either way, this is a great way to make money while providing a needed service.

4) Tutoring

If you’re pretty good at something, you can get people to pay you to teach them. This is especially true if you’re willing to work with kids, as exasperated parents could use a bit of help teaching their kids math, science, history, or whatever subject they’re struggling in.

Summer is the best time for kids to pick up these extra skills before heading into the next grade year. Since this is specialized knowledge, tutors can make anywhere from $25-$100 per hour!

5) Uber/Lyft

Most of the jobs I mentioned are labor-intensive. You might not want to mow 10 lawns twice a month. That’s okay! With today’s technology, you can make pretty decent money just driving people around.

The only downside with Uber and Lyft are the ‘tough’ requirements. Your vehicle must be under 10 years of age and there can be some wear on tear from the additional driving. But, if you fit those requirements, it might be the best way to make extra money.

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