Ways to Make Extra Money

From time to time, I will want to present my readers with different ways to make extra money, and this time I would like to present you with a few interesting ways to earn money. Many Internet users regard the Web as an excellent place to make some cash. That is the case because there are many different opportunities out there. I would like to present you with a few of them:

-Freelancing jobs are a good idea for those who have some specific skills like graphic design, or programming. There are even online marketplaces that enable freelance professionals to earn money online by getting connected with buyers of their services. This is a quite good idea, so it might be worth becoming a freelancer.
-You can also earn money with eBay descriptions. EBay is one of the best places to buy and sell products since it is a large marketplace. There are many items being sold that cost a lot of money like, for example, boats. Many of those items do not have a good description, which in turn can reduce the price even a few hundred dollars. What you can do to earn money is that you can contact the owner of the item, and inform him that a good description of an item can increase the selling price substantially. You can then ask to be paid 1% of the product value in return for writing a description. This commission system works very well, because the seller will know that you have motivation to write a good description, as you will be paid in percentage of the closing price.
-Selling various products on the Internet can be a way to make money. Of course, for this idea to work you will need to offer an attractive product. Various affiliate sites might be a good place to start looking for such products.

Biggest Startup Mistakes and How to Avoid Them

Let’s be honest: nobody likes to talk about mistakes, especially when they concern their own start-up. We could learn a lot from the small and big belly spots of others. We’ve been listening around in the start-up community and collected some of the most common startup pitfalls- so you don’t have to go through them.

  1. Don’t listen to your gut feeling

It sounds completely banal and yet many founders overlook this basic rule. As self-employed you have to make big and small decisions every day. Many of these decisions you can make with your knowledge in the best possible way. Then again there are certain situations in which your mind is not sufficient, for example because the outcome of a decision is completely open. “Should I hire person A or person B? Should I accept the tempting offer of a competitor? In everyday life we simply trust our gut feeling in situations with an uncertain outcome. Why? Quite simply: Because it is the sum of our life experiences. What serves us well in everyday life should not be left at home in business either. You have a very bad feeling about an applicant, even though all application documents look great? You don’t trust the big promises of a potential business partner, although you can’t explain it to yourself? Listen to your gut feeling, it will show you the way if your mind can’t! Thus when you are ready to set up your LLC for your startup, first read this review of Legalzoom vs Incfile.

  1. Blindly trust investors

Some founders seem to regard investors and business angels as generous patrons who distribute their money to the start-up community out of pure charity. Even if this is true in exceptional cases, most investors are successful businessmen who have nothing to give away. They invest their money in projects that they hope will generate growth. They secure their share of the cake through appropriate contracts and certain rights as creditors in the event of failure. Whoever works together with an investor or a business angel therefore always gives up a part of his own autonomy. There is nothing wrong with that, on the contrary: in many cases an investor can be the key to your company’s success. The important thing is not to forget: Those who open the door to investors cannot throw them out again at will. And: the more difficult your financial situation, the greater your dependence on the conditions of others.

  1. Wrong budgeting

Enthusiasm prevails in most start-ups, especially in the initial phase of a start-up. And that’s a good thing, because the pink glasses will compensate you for nights and weekends in the office, while your friends enjoy their beer or laze around the lake. But at the latest when it comes to money, it’s time to take off your pink founding glasses for a moment. Founders also have costs – and these are usually higher than newcomers suspect. Not only the rent for the office has to be paid, but also costs for technical equipment or for the services of others. One should always calculate also legal assistance with possible legal questions of dispute. In addition, you must still eat, live and dress warmly in winter. All this must be taken into account in your budget if there is not to be a rude awakening during the first year. Even if it can hurt sometimes: It is much better to work with a solid database from the beginning than to handle completely unrealistic numbers and notice it when it is already five to twelve.

  1. Misjudge your own resources

Anyone working in a large company usually has more or less clearly defined tasks to perform. As a founder, however, you suddenly not only have to fulfill your job, but are girls for everything. Many young founders tend to underestimate the multitude of activities that go along with it. From screwing the office furniture together to evening networking to sorting the bank receipts or training the first employee. If you have enough money to outsource all these activities, you can sit back and work on your own product. For all others, the rule of thumb applies: at least one third of the available working time of a founder is spent on activities that have nothing to do with the further development of one’s own idea. Calculate that accordingly!

How Can You Apply for a Medical Loan?

Medical emergencies are not avoidable and you should be ready financially no matter what. It can be a nightmare otherwise. You need to act quickly and properly in order to manage the situation. Although many people opt for medical insurance cover to mitigate such needs, there are others who are not even aware of its benefits and the peace it brings to your life in the long run. Some medical emergencies may require a hefty amount of investment to improve health conditions, which is when a medical loan may help.

If you have been wondering about the correct ways to apply for a medical loan then you are at the right space. We will share some ways to apply for a medical loan below:

There are three ways of applying for a medical loan-

  1. Online Via Website

You can apply online through the company’s existing website at any point in time.

  1. Directly Over A Call

You can apply via phone call by contacting the customer support team directly to understand the process and apply for the loan.

  1. Visiting The Centre

You can visit the centre physically to apply and get your documents verified and processed immediately.

After verification of the necessary documents, the loan gets approved to take care of the medical expenses without any hassle.

Eligibility Criteria to Apply For Medical Loan

There are certain criteria that you need to meet before applying for a medical loan.

  • Age Limit– In order to apply for a medical loan, the applicant needs to be above 23 years of age. This has been decided keeping in mind the earning capacity of an individual when he reaches this age and that he/she will be able to repay the amount in equal instalments on time.
  • Salary– The applicant needs to earn a minimum of INR 20,000 in order to get approval for the loan.
  • Permanent Job– A minimum tenure of 12 months is considered to be fit for applying for a loan. In most cases, the applicant is required to continue with the same company for a long tenure.
  • Ability to Repay– It is important to have a good CIBIL rating as it impacts the loan disbursement. If the applicant’s CIBIL score is low, then he or she might have to take a joint loan to ensure that EMIs are paid on time.

Documents Required

  • Photo ID Proof– A legit copy of ID cards like Aadhaar Card, Voter Id, Passport or Driving License has to be submitted
  • Income Proof– The applicant needs to share the bank statement of the past six months
  • Salary Slips– Last three months’ salary slips
  • Address Proof– A valid passport or electricity bill is considered

It is important to have a medical insurance cover because the world is getting costlier day-by-day and it is really becoming very difficult for an average-earning individual to afford the expenses. Once you know the required criteria, you can easily apply and enjoy the benefits that it promises.