5 Ways to Get $5k+ Back in Your Pocket in 2024

5 Ways to Get $5k+ Back in Your Pocket in 2024

5 Ways to Get $5k+ Back in Your Pocket in 2024

    If you’re in search of extra cash, you’re in the right place. Here are five of our favorite ways to earn and save that could put more than $5,000 back in your pocket.

    1. Earn $1.50 Per Day Taking Surveys on KashKick

    KashKick is a free platform that allows you to earn real cash by taking surveys, playing games, and participating in extra offers. It’s one of the simplest ways to increase your income without investing a ton of your time.

    Each survey ranges from three to 30 minutes, earning you anywhere from $0.30 to $1.50. While this isn’t a crazy amount of cash, it’s fairly passive, making the earnings pretty good.

    Kashkick earnings

    If you’re more of a gamer, KashKick’s paid games can earn you up to $150 per game. That said, you may need to invest more time to achieve this high of a payout. The advertised compensation is only given if you meet the criteria, which typically requires you to reach a specific level within a certain time frame. These criteria are designed to be challenging.

    The simplest way to earn on KashKick is through their paid offers. This section of the platform is a curated list of sign-up bonuses from other companies, like Upside, Dave and Acorns. When you sign up for one of these platforms, you’ll get an initial bonus — like $5 or $10 — simply for signing up.

    2. Earn $26+ Per Month Using the Cashback Portal on InboxDollars

    InboxDollars is similar to KashKick in that it allows you to earn cash by completing surveys and playing games. It also allows you to earn cashback by scanning receipts and shopping online.

    Like Rakuten and Honey, InboxDollars offers a free cashback portal for online shopping. Simply navigate to the portal before making a purchase, select the store you plan to shop at, then head to checkout. Once your order’s gone through, cashback will deposit into your account.

    To give you an example of your potential earnings, let’s say you spend $331 per week on groceries — the average amount for a family with children. If you placed your order online via InboxDollars and shopped at Walmart each week, you’d earn 2% cashback, or $26.48 in cashback per month.

    If you prefer to shop in-store, don’t worry — InboxDollars allows you to scan receipts for cashback on supermarket purchases. The amount you earn in cashback depends on the items you purchase, with offers ranging from a few cents to $8.00 or more per item.

    Inbox dollers earning

    3. Earn $12.87 Per Day with Offers on Freecash

    Freecash is yet another platform for earning extra income completing surveys and playing games. Its differentiating feature is its comprehensive list of partner offers.

    These partner offers allow you to earn Freecash coins after signing up for other platforms like Stash, Blackout Bingo, and Cash App. While some of these offers require an upfront investment, like depositing $20 into a new account, others are completely free to sign up for.

    Freecash Earnings

    By investing just 17 minutes per day on Freecash, the average user walks away with $12.87 at the end of the day. This is the equivalent of $45 per hour — not too shabby for a side hustle.

    4. Save Thousands on Credit Card Debt with Lendible.app

    The average credit card interest rate is anywhere from 15.56% to 22.87%, yet personal loan interest rates are just 11.87%, on average. If you have multiple high-interest debts, like credit cards or payday loans, it may be wise to borrow a personal loan to consolidate your debt and save on interest.

    While this is a process you should research heavily before diving into it, it would look something like this:

    1. Assess your current interest rates. How high are they? Can you qualify for a personal loan with a lower rate?
    2. Apply for a personal loan. See what you qualify for. Is it better than what you currently have?
    3. Use the new loan to pay off the other debt(s).
    4. Pay off the personal loan. If you’ve scored better loan terms, you’ll likely save on interest

    For example, let’s say you had the average credit card balance of $6,088 at 22% interest. You decide to borrow a 24-month personal loan from Lendible for $6,088 at the average rate of 11.87%. Assuming you’d pay the initial debt off within the same timeframe, here’s what your costs would look like in both scenarios:

    Costs Credit Card at 22% APR Personal Loan at 11.87% APR
    Monthly Payment $315.83 $286.21
    Interest Fees $1,492.02 $781.13
    Total Spent $7,580.02 $6,869.13

    As you can see, leveraging a personal loan at a lower interest rate to pay off high-interest debt allows you to save a decent chunk of cash. In this example, you’d see $710.89 back in your pocket.

    Keep in mind that to qualify for a lower interest rate, you’ll need to have a good to excellent credit score. If you don’t, you may not qualify for a more competitive rate than what you already have.

    5. Get 40% to 60% of Your Credit Card Balance Back with Debt Busters

    If you have a higher debt balance, like over $10,000, consider debt relief with Debt Busters.

    Debt Busters estimates that borrowers who use their platform reduce their balance and monthly payment by 40% to 60%. For example, Maria H. began her journey with Debt Busters with a balance of $23,249. After debt relief, her balance dropped to $17,352.

    Factoring in interest costs, her lower balance will save her 13 years of payments and $38,571 in total savings. That’s over $38,000 back in her pocket.

    Depending on the amount of debt you have, the interest rates, and the agreement Debt Busters is able to negotiate with your lenders, you could see similar savings.

    Want More? Check Us Out on YouTube

    If you’re looking for more simple ways to earn money online, head to our YouTube page. We share weekly content teaching you how to earn extra cash from your phone.

    Here are a few videos you might be interested in

    1. 9 Games That Pay Real Money in 2024
    2. How To Earn $100 Just By Signing Up With These 6 Apps
    3. 10 Best Paid Survey Apps That Pay Real Money

    Frequently Asked Questions:

    How can I earn money with KashKick by taking surveys and playing games?

    KashKick offers a way to earn real cash by completing surveys, playing games, and participating in offers. Surveys can earn you $0.30 to $1.50 each, with the possibility of earning up to $150 per game if specific criteria are met. Signing up for partner offers through KashKick can also earn initial bonuses, making it a flexible option to earn extra cash.

    How does InboxDollars help me earn cashback from my online and in-store purchases?

    InboxDollars offers a cashback portal for online shopping and allows you to scan receipts for in-store purchases, providing cashback based on the items you buy. By using InboxDollars for online purchases at stores like Walmart, you can earn an average of 2% cashback, potentially saving over $26 per month on groceries alone.

    What are the benefits of using Freecash for earning extra income?

    Freecash differentiates itself with a comprehensive list of partner offers, enabling users to earn Freecash coins by signing up for platforms like Stash and Cash App. With an average earning of $12.87 for just 17 minutes of your day, it equates to an hourly rate of $45, offering a lucrative side hustle opportunity.

    Where can I sell and buy Gold online?

    There lot's of different places where you can do that but not all of them are safe. A great place to learn about gold is Gold Retirement Solutions and a great place to buy and sell is Gold to Cash.

    Can consolidating credit card debt with a personal loan from Lendible.app save me money?

    Yes, consolidating high-interest credit card debt with a personal loan from Lendible.app, which may offer lower interest rates, can result in significant savings. By replacing credit card debt with a personal loan at a lower interest rate, you could potentially save hundreds of dollars in interest payments, making it an effective strategy for debt management.

    How does Debt Busters' debt relief program work to reduce my credit card balance?

    Debt Busters offers a debt relief program that can reduce your balance and monthly payments by 40% to 60%, making it an option for those with higher debt balances. By negotiating with lenders to lower your total debt, the program can save you thousands of dollars and significantly reduce the time it takes to become debt-free.

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