What Is a Medical Cost-Sharing Program?

Medical costs have an abyss negative impact in the life of average people. Hence, getting health coverage is paramount. However, there is a vast majority of people out of the look because of the prohibitive cost. Thankfully, more and more alternative options are gaining mainstream. Consequently, those alternatives strengthen communities and provide great relief. One of those is a Healthcare cost-sharing program also known as Medi-Share. The principle requires participants to pool their resources together to share each others’ medical cost.


Even though, the program spurs many benefits for its members. It does have some drawbacks such as compliances with certain practices, faith, lifestyle, and culture. In addition, it does not cover all treatments. Plus a medical doctor can refuse to treat you.  Accordingly, it is important to clearly pinpoint

Healthcare sharing programs are not binding 
contractual agreements!

Nevertheless, it is a valuable alternative for people in desperate need of coverage.

Advantages of having a Healthcare cost-sharing program:

The alternative does offer some good benefits for its members. Arguably, that is why the subscription is growing very fast.

  • Cheaper than traditional health insurance: the programs function much like a regular insurance policy at a lower overall cost. Furthermore, it provides generally the same reimbursement benefits.
  • Alignment with your faith and values: many cost-sharing programs are from faith-based organizations that may exclude some services, such as abortion or birth control.
  • Leverage the power of the community: it really about the community and how well the community has your back. This a fundamental guidance of the program. Once you join the program is no more about I but you. They rely on each other for the program effectiveness.
  • Dual program option: if you can afford you can combine your personal health care plan to a healthcare cost-sharing plan.

Learn more: 

There are many programs available in the marketplace but below you will find a list of the most visible.

It is not surprising faith-based organizations lead the initiatives. Their dominance reflects the strong ties and trust between its members. A profound sense of attachment to the values promoted by the Ministries.


How to Make Money by Renting Your Unused Space

The sharing economy provides enormous opportunities to make money. Consequently renting the unused space in your house will earn you money. However, it does require a different relationship with ownership. Certainly, for some people, this will take a huge effort. We are still pretty much attached to our individual habits and self-center mindset. Even though one could evoke safety reasons as the main drawback. After all, you are renting your unused space to a complete stranger. That said if you are able to mitigate that risk, the pay-off could be consequent.

Takeaways :

Nowadays, people who optimize their time, resources and property take home residual income. That is because the sharing economy model is creating a massive wealth transfer and generating a wonderful chance for people to supplement their income. That is why renting your unused spaces in your property is a great way to generate passive income. Below is a non-exhaustive list of unused spaces we have :

  • Room
  • Driveway
  • Basement
  • Garage
  • Garden
  • Patio

All those spaces can be rented out and utilized for multipurpose activities. For instance:

  • Basement: rent out for storage or as a studio or additional room
  • Room: host guests
  • Driveway: parking
  • Garage: Startup or music band
  • Backyard: social events or camping
  • Patio: social gatherings

Nevertheless, cashing in will only be possible if you leverage the power of the community. As an illustration, creating connections with your neighbors and coworkers will put you in a good spot. Also, if you join sharing economy communities you will receive offers and assess needs.

Advantages of renting your unused space:

  • Generates passive income: people already involved in the business model report decent additional income. in some cases, it is their full-time job.
  • Make mindful connections: one of the great benefits of participating in the sharing model is the among of wonderful connections that you create.
  • Your property paid for itself: Yes, if you are active and aggressive in the model the additional revenue generated will go a long way in helping you secure your property is paid off.

The math:

John lives in Boston MA, he has a spared room in his 03 bedroom house.

  1. Cost:
  • Mortgage payment: regardless need to be paid
  • Utility, cable, and others.
  1. Revenue: a conservative approach
  • John gets on average $700 per month renting his extra room on Airbnb.
  • Plus there is an online e-commerce startup that is renting his basement for storage: $500 per month for a year.
  • Occasionally, once a year his backyard is rented out for special events by a local community for $200.
  • Total revenue: $1200 per month on average + $200

Profit: That is passive income that does not require any additional set up cost because space is available and unused.

Learn how you can make money renting your unused space:

Here is a compilation of relevant start-ups to rent out your unused space.

How To Make Money Cooking at Home

Restaurants in private homes are increasingly gaining popularity all over and disrupting the traditional eatery business model. Indeed, that is because the culinary options are limitless and the barrier to entry is non-existent. Furthermore, they are extremely affordable compared to classic restaurants. However, venues and hosts need to be thoroughly vetted.

Takeaways :

Restaurants in private homes offer a wonderful chance to interact with people while sharing a good meal. Nevertheless, the safety of the guest should always be the top priority. Other than that they have some great benefits.

Advantages: earn money by running a restaurant at home:

  • Platform to experiment a lot more with ingredients: by hosting people at a regular base you can sharpen your cooking skills and try a lot of more as most guests are open to trying new things.
  • Great way of meeting people: good foods always bring people together and this business provides the perfect opportunity.
  • Additional revenue: It is a perfect way to make additional revenue.
  • It is a winning concept: You meet new people, improve your culinary skills and make money.

The math:

$10 per person for 10 people, Nonetheless, If you put in some effort in creating a great atmosphere in your house and you can command more that.

  1. Cost:
  • Most of all your cost will be variable costs and the effect of buying in bulk will lower the price. Because you will also shop your household.
  • Your margin fixed cost will extremely low.
  1. Revenue: a conservative approach
  • $10 per person for 10 people, twice a week that’s $200 every week.
  • Be creative at a delivery service.
  • Monthly revenue: $800

Profit: You can except in the worst case scenario to break-even or make an average of 10% to 20% per night. The best you can turn it in a recurrent income stream.

Learn how to earn money by running a restaurant at home:

Watch the Tedx video below and appreciate what it takes to turn your house into a home restaurant.

They are some startups that embraced the model and turned it into a lucrative business. In the light of Airbnd and others from the sharing economy. Here is a list of the best known:

What is an Office Lottery Pool?

Invest money in an office lottery pool to increase the odds of winning big at the lottery. Usually, two or more people pool their money together for a chance to clinch the jackpot. But among the myriads, an office lottery pool which involves co-workers is one of the most challenging. That’s because a win can draw you together or land you in court. Indeed, there are numerous stories of people who were cheated by co-workers or things that went wrong after winning.

Takeaways :

Take some precautions to avoid any disputes or even potential lawsuits. You can take these steps to escape most of the hurdles and safeguard yourself.

  1. Name a leader you trust: decide who is going to buy the tickets, make copies, keep the records, etc.
  2. Create a contract: a simple contract that spells out the big issue will go a long way in preventing any future conflict. Mainly the idea is to agree on general rules. The contract can include who is playing, how often, fix the amount for buy-in, how you will claim winnings, provide copies of the winning tickets, whether you will let the computer choose the numbers or if someone will choose the numbers, etc.
  3. Make it public: it is important to make the contract public to all participants to eliminate any uncertainty around co-workers involvement.
  4. Make copies of the tickets: share copies of tickets before drawing with all participants.
  5. Keep the tickets safe: Safe the tickets but make sure all participants in the process can get access to them.

Advantages to invest in an Office Lottery Pool :

  • Increase your chances of winning the jackpot: a single ticket has 1 in 296 million chance of winning. Effectively, an office lottery pool will increase the probability by leveraging the power of the office community.
  • Create a strong sense of belonging among the co-workers: undeniably participating in office activities bring co-workers together.

The math:

$2 for a ticket for a potential of million. indeed, more tickets more possibilities. But it is an investment so you can also lose everything.

  1. Cost:
  • Depending on the lottery, ticket varies from $1 to $2
  1. Revenue:
  • Potential gain varies from thousands to millions of dollars

Learn how to make money Invest in an Office Lottery pool :

Why are Community-Oriented Businesses so successful?

Community business is booming. Also, platform businesses because they create value by bringing together two or more interdependent groups. As illustrated by some of the most illustrious ambassadors Airbnb, Uber, Etsy, TaskRabbit, Wework, and Amazon. The model has been disrupting traditional businesses for decades and there is no sign of slowing. They dominate the economic landscape like never before. Due to strong competition, legacy companies are embracing the model or they will face dark days.


platform businesses can scale rapidly by leveraging the power of their community. That is certainly, the reason why investors love platforms so much. Consequently, They are more valuable than linear businesses. They have been growing rapidly both on the local stage and globally. The graph below illustrates how platform businesses in the S& P 500 grew over the past decades. In addition, the graph also portrays a forthcoming reality they will overtake all major traditional linear businesses by 2020.

Platform businesses in the S& P 500 over the last forty years.

More interesting globally, nearly 60% of today’s billion-dollar “unicorn” startups are platform businesses. For that reason, entrepreneurs need to shift from building products to build platforms. If you are looking to invest, platform businesses or community-oriented businesses are the way to go.

Advantages of community-oriented businesses :

  • Rapid growth: platform businesses leverage the power of their community to scale fast after validation of the concept.
  • Shared value: The most important impact of a community-oriented business model is the shared value created for all its community. It provides the opportunity for users to interchange role from consumers to producers of goods or services.
  • Investor love platforms: Investing in platform businesses can yield great returns.
  • Community impact: Platform businesses create an enormous impact on the communities they served. Just think of Uber,lyft, and Airbnb.

Wanna learn more: The process, the business model, the impact and how they create value check this excellent piece: https://www.applicoinc.com/blog/what-is-a-platform-business-model/


What is Carpooling ?

Carpooling is best known as the activity of making a regular journey in a single car with one or many people. Usually, two or more people come to an agreement to take turns to drive the others. However, one person can drive each commute. In addition, the model involves all sort of mobility vehicles.


Carpooling is a great way to organize your commute among colleagues, classmates, neighbors, friends or even family members. Whether, it is for grocery shopping, work, school, sports games, or any social activities, this system turns out to be extremely useful and effective. Nevertheless, it is important to have everything agree upon such as the cost-sharing, the driving arrangement, driving responsibilities, beforehand.

Advantages of carpooling :

  • Increase well-being: less time driving equates to a better health condition and a better overall sense of well-being. There is growing evidence of correlation car pollution with some health diseases.
  • Save money: you will save a lot of money on car insurance, car maintenance, parking, gas, and lease every month
  • Cut down on traffic: nothing worst like traffic especially after a long day.
  • Cut down on pollution: for those concerned with the environmental impact generated by main cars on our road, carpooling will be an alternative.
  • Community buddy: one of the biggest benefits of this type of commute is the social bond and network that you creates within your community.

The math:

You share a car with your wife. She drives you to work every day and pick you up after work.

  1. Cost:
  • Buy a car depending on your budget
  • Share gas cost
  • Car maintenance cost
  • Insurance cost
  1. Savings: a conservative approach 01 car per family.
  • You get to save on car payment
  • Car insurance
  • Gas
  • Car maintenance
  • Opportunity cost

Total savings: between 30% to 40% an average per month. That is additional money in your wallet. Obviously, this will require a mindset adjustment. Also, you can estimate how much you can save with this website service https://www.rideshare.com

How to make money carpooling?

Unlock multiple benefits by driving your friends or coworker to work. Such cash, parking vouchers, gas and of course making new friends.

Washington, D.C., metropolitan area, has implemented a program that allows carpoolers to make up to $2 per day over a 90-day period for a maximum incentive of $130. Check out more information on the official website commuter connection. Your earning can increase based on incentives.

Across the country similar programs are being implemented:

    • Birmingham, Alabama, drivers make up to $70 over 90 days for taking alternative transportation or carpooling.
    • South Florida, you can earn up to $150 (depending on the size of your carpool) per month or eight free hours toward a car-sharing program in Miami if you register or are part of a carpool. More information here.
    • Near San Jose, Calif., drivers get up to $60 in free gas for carpooling. People who drive on the busy highway between Boulder and Denver can make more than $75 for carpooling or vanpooling. Check more details here.

Find carpooling members

Website such as rideshare is an awesome resource to help out. In addition RideJoy, Carpoolworld, eRideShare, Carticipate, and Zimride.

Easy tips to make ride a success

  • Establish a payment method
  • Set a meeting point
  • Agree on rules and the cost
  • Be clear about your destination, drop off point and pick off point



  • Money contents delivered to your inbox
  • [wpforms id=”884″]

Why you Need Roommates?

Roommates are from a personal standpoint important depending on the stage of life where you find yourself at. Even if you are married, your spouse, husband or partner is still technically your roommate some could argue. Humans are simply not meant to live alone. That is why “We need human contact to feel human”. Even though, it could be challenging to share your space, privacy or intimacy with someone. However, those obstacles could be easily overcome through communication, trust, and mutual respect. As an example Just watch friends the tv show.


Roommates can be annoying especially when the values are not aligned with yours. But they can prove to be extremely valuable, you just need to find the right roommate. That is a reason why before jumping in you have to vet them carefully.

Advantages of having roommates :

  • Sharing all expenses (with roommates you can envision to leave a better life with low-budget expenses.)
  • Building a strong relationship and leveraging each other network
  • You won’t be lonely (Having a person to talk with, share your doubts, or just having fun with)
  • You will always have help (One day, I left for work coming back I realized I forgot my keys in my room, it was a very cold winter day in New England. I couldn’t imagine what would have happened if I didn’t have any roommates.)

The math:

You want to live in a good and safe neighborhood. Trendy with social activities and positive vibes.

  1. Cost:
  • Rent approximately $3000 per month
  • Utilities: $350 per month
  • Cable & internet: $200
  1. Savings: a conservative approach
  • Shared bills

Total savings: 50%

The golden rule you rent should never be more than 30% of your monthly total income.

You can find an apartment or a house that has double access, at least two bathrooms to strengthen the intimacy. Usually, the first floor.

Learn more about roommates:

Read this excellent article to learn how to get along with your roommates: https://www.ef.edu/blog/language/12-tips-to-get-along-with-your-roommates.

If you are looking for a roommate check this app: https://www.roommates.com