Making $100 a day online might seem daunting, but with the right strategies and tools, it’s entirely possible. This guide will provide practical tips and methods to help you achieve this goal, including taking online surveys, refinancing student loans, lowering your mortgage payment, consolidating debt, getting rebates from local retailers, and leveraging signup bonuses from various platforms.
1. Take Online Surveys
Online surveys are a popular way to earn money quickly and easily. Many companies are willing to pay for your opinions, and you can complete surveys from the comfort of your home.
Recommended Survey Sites:
- Swagbucks: Earn points (SB) by taking surveys, watching videos, and shopping online. Points can be redeemed for gift cards or PayPal cash. Get Swagbucks: Swagbucks
- InboxDollars: Get paid for taking surveys, watching videos, and completing offers. You also get a $5 signup bonus. Get InboxDollars: InboxDollars
- Survey Junkie: Share your opinions and get paid in points that can be redeemed for cash or gift cards. Get Survey Junkie: Survey Junkie
Tips for Maximizing Earnings:
- Sign up for multiple survey sites to increase the number of surveys available to you.
- Complete profile surveys to get matched with higher-paying surveys.
- Check your email frequently for new survey opportunities.
2. Refinance Your Student Loans
Refinancing your student loans can save you a significant amount of money by reducing your interest rate and lowering your monthly payments. This can free up cash that you can use for other investments or savings.
How to Refinance:
- Research Lenders: Compare rates from multiple lenders to find the best deal.
- Check Eligibility: Ensure you meet the lender’s requirements, such as credit score and income.
- Apply: Submit your application and necessary documents to the lender.
- Choose Terms: Select the loan term that best fits your financial goals.
Recommended Lenders:
- SoFi: Offers competitive rates and additional benefits like career coaching. Get SoFi: SoFi
- Credible: Allows you to compare rates from multiple lenders without affecting your credit score. Get Credible: Credible
3. Lower Your Mortgage Payment
Lowering your mortgage payment can free up cash each month, which you can use to invest or save. Here are a few strategies to lower your mortgage payment:
Strategies:
- Refinance Your Mortgage: Shop around for lower interest rates and better terms.
- Modify Your Loan: Request a loan modification from your lender.
- Eliminate PMI: If you have enough equity in your home, you can request the removal of private mortgage insurance (PMI).
Recommended Lenders:
- Better.com: Offers a streamlined online refinancing process with no commission fees. Get Better.com: Better.com
- Quicken Loans: Provides various refinancing options and excellent customer service. Get Quicken Loans: Quicken Loans
4. Consolidate Your Debt
Consolidating your debt can simplify your finances and lower your monthly payments. By combining multiple debts into a single loan with a lower interest rate, you can save money and pay off your debt faster.
How to Consolidate Debt:
- Evaluate Your Debts: List all your debts, including interest rates and monthly payments.
- Compare Lenders: Look for lenders offering low-interest consolidation loans.
- Apply: Submit your application and consolidate your debts into one loan.
Recommended Lenders:
- Marcus by Goldman Sachs: Offers no-fee personal loans for debt consolidation. Get Marcus by Goldman Sachs: Marcus
- LendingClub: Provides peer-to-peer loans for debt consolidation. Get LendingClub: LendingClub
5. Get Rebates from Local Retailers
Rebates from local retailers can help you save money on purchases, effectively increasing your disposable income. Many apps and websites offer cashback and rebates for shopping at local stores.
Recommended Apps:
- Rakuten (Ebates): Earn cashback on purchases from a variety of retailers. Get a $10 signup bonus. Get Rakuten: Rakuten
- Ibotta: Get cashback on groceries and other purchases by scanning your receipt. Get Ibotta: Ibotta
Tips for Maximizing Rebates:
- Always check for cashback offers before making a purchase.
- Use the app’s barcode scanner to ensure you’re buying qualifying items.
- Link your loyalty cards to the app for automatic rebates.
6. $5 Signup Bonus with InboxDollars
InboxDollars offers a $5 signup bonus just for creating an account. You can then earn additional money by taking surveys, watching videos, and completing other tasks.
Get InboxDollars: InboxDollars
Tips for Maximizing Earnings:
- Complete the daily tasks to earn more.
- Refer friends to earn referral bonuses.
- Cash out your earnings regularly to stay motivated.
7. Rack Up Some Swagbucks
Swagbucks is a versatile platform where you can earn points for various activities such as taking surveys, watching videos, shopping online, and searching the web. These points can be redeemed for gift cards or PayPal cash.
How to Earn More Swagbucks:
- Take daily polls and surveys.
- Use the Swagbucks search engine.
- Shop through the Swagbucks portal.
- Participate in Swagbucks games and challenges.
Get Swagbucks: Swagbucks
8. $10 Signup Bonus with Rakuten (Ebates)
Rakuten offers a $10 signup bonus when you join and make a qualifying purchase. Rakuten partners with thousands of retailers to offer cashback on your purchases.
How to Maximize Rakuten Earnings:
- Shop through Rakuten’s portal to earn cashback.
- Use Rakuten’s browser extension to get alerts on cashback offers.
- Combine Rakuten cashback with retailer coupons and discounts.
Get Rakuten: Rakuten