Real estate is sometimes a good investment, but it is expensive. Investing in the stock market does not have to be expensive, but it can be risky and unstable. A 401K is a wise investment that you should invest in, but it can depend on how well the business you work for is doing. There are plenty of factors to consider when investing, so make sure you think about it rationally. Talk to experts or friends who are experienced in investing before making a decision.
As an Instacart personal grocery shopper, you will actually be doing the grocery shopping yourself (so don’t crush anyone’s avocados!). Your compensation depends on several factors, like the average size of your orders and average number of miles driven per trip. You can also get tips in addition to the pay that comes directly from Instacart (most people report an average earnings rate of $15 per hour).
That being said, life in your 20s and 30s is not without its challenges; you might have student debt, a tenuous career, and dozens of unknowns that keep you from doing everything you'd like to build your wealth faster. There's no straightforward way to guarantee yourself a rich future, but these seven strategies can help you do it while you're still young.
Skillshare: Want to teach people things but don’t want to make them publically for free? Skillshare is a platform that allows people to create online courses to help others and if people use your course, Skillshare will pay you. Want to learn from other creators? There isn’t a better place on the internet. Skillshare comes built-in with an audience interested in learning online.
Sell sperm if you are male and meet the eligibility requirements. If you are male and meet certain criteria for height, age, and education, then you may be eligible to make money as a sperm donor. Donors make around $70 (USD) per donation or up to $1,500 per month at some sperm banks. However, only a small percentage of applicants are accepted. If you want to try to make money this way, look for a sperm bank in your area, check their eligibility requirements, and complete an application.
I’m really torn here. As a writer, I sympathize with you. I’ve looked again and again into freelancing, and consistently find that the rates other people are willing to work for make it an insulting waste of my time. (Like, $10/hour is what a 15-year-old babysitter makes, not a professional writer.) On the other hand, you really can’t ask others to not compete with you. On the plus side, in my (limited) experience, you do get what you pay for most of the time. My sister had a less-expensive wedding photographer, and she was definitely less than happy with the results. So …