Monday Night Finance- Volume 39

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Thrift Store Shopping: 13 Things You Should Never Buy

Do you shop at thrift stores? Buying used goods can be a great way to save money on things you use every day. Not only can you buy clothes or furniture for pennies on the dollar, but buying at thrift stores is great for the planet. Every item you purchase used is one less item that needs to be made in a factory. Another great benefit of buying at thrift stores is that you can find unique items that are no longer being manufactured. For example the thrift store is maybe the only place you’ll be able to find the perfect vintage dress, or a Bangles LP. Given all these advantages should you shop exclusively at thrift stores? According to, you should be careful and avoid buying these 13 things at thrift stores.

While the thrift store does have some great offerings, it also has its drawbacks. There are some products that you should never buy at the thrift store, our you’ll be throwing your money away.

Electronics are the number one item to avoid at thrift stores. Looking back at my own thrift store experiences, I have never been tempted to buy electronics there. Not only does the technology look outdated, but often the items appear to be partially broken. Shoes are another item to avoid at thrift stores. When you buy new shoes they have cushioning that breaks down with every step. Running shoes wear out after about 400 miles. Buying used shoes may cause you joint pain down the road and medical bills are much more expensive than a pair of shoes. The article also recommends you avoid small appliances. If these items fail, you have no warrantee and will need to discard the item. Because it’s often hard to gauge whether the appliance works in the thrift store, you’re making a gamble with each purchase. Are you a frequent thrift store shopper? Check out the article for the full list.

How to Invest and Make Money Daily

We all need money every day. Food, shelter, and transportation all require money. Most people must work every day to afford these essentials in life. However, if you invest some of your money today, your can earn interest/dividends/profits. In this way, you can put your money to work for you. If having your money make money sounds like a dream come true check out this post.

Let’s start by defining what it means to make money every day. To me, this means your investments will either increase in value or provide you with a cash return. But for you, it might mean something slightly different.

In this post, Forrest outlines many of the different ways you can put your money to work to make money. Obviously you could place your money into a savings account or certificate of deposit at a bank. While keeping your money in the bank is safe (it’s guaranteed), the interest will probably not be enough money to live off of. Instead, you may wish to invest in stocks. One way to do this is to invest in a broad index fund that can grow in value over time. Alternatively, you could target dividend stocks and choose to live off of the dividends. Beyond these two investments, you could explore starting your own business. For even more ideas, check out the article.

How to Earn $3,000 A Month with Freelance Transcription

Are you looking for a side hustle that you can do from home? Maybe you’re not looking for full time work but want to freelance on nights and weekends? With the rise of the gig economy there are now many ways to make money at home in your free time. One of the biggest challenges is choosing which way is the best way to earn extra income. Being a freelance transcriptionist is a freelance job you can start today with very few skills.

If you’re looking for a flexible option to work from home, consider freelance transcription. It gives you the freedom to set your own schedule and is a lucrative way to rake in cash with a side hustle. You work as little or as much as you want, charge your own rates, and provide a service many businesses are willing to outsource to freelancers like you.

Let’s start with the basics. A transcriber is someone who types out what is said on audio or video files. While it sounds easy, you’ll need to pay attention to make sure you capture everything correctly. Often clients will expect you to have not only transcribed the words correctly but also use proper grammar and punctuation. Transcription does not require any specific equipment beyond a computer and access to the audio/video files, typically over the internet. However, advanced transcriptionists may use a foot pedal to keep their hands free for typing. Finally, transcriptionists can earn between $15-$30 per hour, making it a lucrative side hustle. If this sounds like something you might be interested in, check out the article for everything you need to know.