Passive Income: stop buying into the idea By Gary Vaynerchuk

What is passive income?

Stop buying into the idea of passive income, Gary Vaynerchuk, one of the most prolific entrepreneurs and a well renowned public speaker came out with this amazing video to take part in the conversation of making money. In addition, this video published on Facebook, he uncovered the myth around the topic. Furthermore, he explains what it takes to make the money you need to get your financial freedom.

            “Anything that starts with I don’t want to work is already a problem”                                                                        Gary Vaynerchuk

Takeaways: Income stream

If you want to have financial freedom, you need to put in some hours and build the business. Nevertheless, he emphasizes from his opinion the only 02 alternative income options are real estate and the stock market. Moreover, from Gary’s views, those are the only two streams that he can recommend. Anything else will need time, consistent effort and commitment. An average of 7 years is necessary to build a good income stream.


In essence, Gary is not negating the idea of generating any incomes without putting in the same 9 to 5 schedule. He is pointing out the hard fact that nothing comes easily. Basically, Gary Vaynerchuk tells the audience there is no such thing as

How To Pay Off Student Loan : Useful tips

To pay off all your student loan, it will require some distinctive efforts and focus. Indeed student loans in the US are one of the most important debts crisis of the century. Some key statistics:

  • One in five adult Americans has a student loan.
  • The total amount of student loan debt is $1.47 trillion in 2018.
  • 44 million student loan borrowers in this country
  • 65% of college seniors who graduated from nonprofit colleges in 2017 had student loan debt.
  • Overall Student loan debt has seen almost 157% growth since the Great Recession and is the fastest-growing portion of the total household debt in the U.S.

As of 2018, roughly 1 out of 10 people with student loans were late with (or completely missed) their payments. That’s the highest 90+-day delinquency rate of all household debt—outranking auto loans, credit card debt and mortgages. So how can you pay off your student loan? This article will cover some helpful tips.

Takeaways: How To Pay Off Students Loans

To pay off your student loan, you have a couple of options. You can earn more money, save more money, leverage your environment, leverage your negotiations skills or credit card short term strategy.

A. Earn more money

Typically you can’t pay off your loan because you don’t earn enough money to keep you running. Every hundred dollars taken away from your paycheck puts you under hard stress to meet up with your bills. So a great solution will be to earn more money. Many options are available but you can either change job, request for a promotion or find a side hustle. Gaining extra income comes with more sacrifices. Either it will take away your free time, or you will need to invest money. Likely it is going to be a combination of both. However if well manage it could be very profitable, you could make a couple of thousands of dollars per month.

B. Save more money

Another very interesting approach of getting the financial space you desperately need to pay your students loan is to reduce your living expenses and to live within your means. Cut off all unnecessary expenses, trim your bills to save money. Another simple way is to adopt a minimalist lifestyle. You will have to let go of some of the threads and perhaps your gadgets. It is not easy but you have to keep in mind the main objective of paying off your students. It will certainly push you towards some hard time, maybe your loved ones will hate you, and probably you will be anti-social. Eventually, you will no more be as cool as you are now. But who cares the most important is your financial health. So stay focus and resist all the discounts, sales, promotions and the sweet talks encouraging you to be trending.

C. Leverage your community

The community approach in paying off your student loan is a collective approach that relies on tools such as saving circles, or lending circles (you can get a loan for zero interest rate). The community implication is also extremely critical as your relationships, connections, friendships can really support you towards achieving your goals. You could even team up with another person for motivation. Get a roommate or live with your parent so you can share bills and put it towards paying off your student loan. Of course, you will sacrifice your freedom and independence but you will gain in the long run. Nothing worth than having some extra dollars in your account.

D. Career

Check out for job opportunities that include or negotiate a sign-in-bonus, performance bonus and eventually a commission if you are in an industry that promotes that. You can take full advantage of money-making opportunities available at your company such as hiring referrals, or mission nobody wants to do. Plus you can also sell your side hustle to people around you in your company. Finally do not hesitate to change job, field or career if you realize the company or the industry will not take you where you want to go.

C. Credit card strategy short term

This is a very risky strategy but if well managed can be worth the shot. You can max out your credit card to pay part of your loan, then pay your credit card monthly payment. Because of its minimal, you won’t have that much pressure financially. That will give you space to breathe and strategize for the long term. It is a short term strategy that works pretty well if you put in the discipline required.

D. Credit Card Rewards

Every time you use it you are accumulating points. You can turn out and maximize those options by asking your roommate/family every month to do purchases and accumulate rewards with a single card. The credit reward is then redeemed and utilize the money to pay off student loan monthly payment. You organize it as a circle with each member of the community waiting for their turn every month.

Nonetheless, you need to read the fine print to understand the terms and conditions of your cash rewards program.

E. General

Here are some simple tips that you can apply to pay off your student loan.

  • Drive a cheap car if you absolutely need a car. If you don’t stick to public transportation and ride-sharing when it is necessary.
  • Buy use phone or cheap phone for less than $450
  • Avoid friends who are always thinking about spending money or refusing to grow up
  • Get a partner or get married to a person that is willing to support you through the process.
  • Cut off all unnecessary subscription plans
  • Stop taking vacations or travelings

In addition to the above, there another legal way you can take advantage of to avoid paying your student loan.

Extra: 4 Legal ways to stop paying your student loan

1. Income-driven repayment

Typically you will start paying your student loan only when you reach a pre-defined income threshold.

2. Join public serve

After a certain number of years of working in the public service, you can be eligible for a federal forgiveness program.

3. Serve your country and take advantage of forgiveness program for people who have served the military.

Joining the military has numerous advantages. One of those advantages is free tuition and the opportunity to get part of your complete loan taking care off.

4. File for bankruptcy

This is the ultimate decision, depending on how you will take things forward. If it comes to the point where you can’t afford to pay your student loan anymore then you can file for bankruptcy.

How long does it take to pay off your student loan?

There isn’t any miracle solution. Maybe if you win the lottery, receive an inheritance, donation, or apply for debt forgiveness. Perhaps you can find legal ways to stop paying your student loans. But, in essence, the time will depend on your ability to be focused and committed to getting out of debt. Some people get out debt two years after graduation, others 10 years. Some never. It all depends on you.

Conclusion: How To Pay Off Student Loan

Student loans are a pain in our finances. The negative impact on us goes beyond our imaginations. It affects our ability to buy a house, get married, or to leave in a certain comfort with our family. That is why the more you get out quit the better you will be. More importantly, money management skills are critical don’t hesitate to learn and ask questions on how to get out of debt.

What is a Saving Circle?

Every time, we think about friends we generally think about going out or hanging out together. Most activities revolve around spending money. We rarely talked about savings together. That is because we are very protective when it comes to our personal finances. In addition, trusting people with our money is challenging. Nevertheless, co-saving is a powerful tool to reach our goals, whether we want to buy a house, or even to pay for college. Also, it helps people reach common group goals such as birthday gift, or any major collective projects.

Takeaways: What is a Saving Circle?

Saving circles also known as co-saving is a century old mechanism. It is a  common practice in societies without easy access to banking. Researchers and scholars called it rotating savings and credit associations.

Takeaways: How does it work?

This a collective mechanism to save with a group without having a bank account or getting into more debts. The total amount collected belongs to the entire group members.

Typically, a group of people will come together and decides to improve their lives.

 Steps guide to set up a saving circle: Before

a. Find like-minded people

There is no required number. The key here is like minded people make sure you are all on the same page with the same vision, the same values, and objective in life. Also verify the financial aspect to make sure they can afford the monthly, quarterly, or weekly contribution.

As a recommendation, I will keep it under 12 and set weekly or monthly contributions.

b. Draft a constitution

A constitution is a set of rule that everyone abides by. This is a critical component because you are not just juxtaposing people but you are setting up a lifestyle. Those rules will govern how you guys operate it includes meeting time, contribution amount, meeting period, the profile of members, how to set up contribution, how to distribute money, what to do with the money, how the account will be managed, etc…

As a recommendation, set a steering committee of 3 can draft the initial paper that will be presented to all for collective editing and finalization.  Then a legal advice to ink everything.

c. Legal framework

It is important to acknowledge that a saving circle is an agreement between a group of people to execute certain operations. Consequently, it has to be enforced with a legal framework. That is why all members have to assert and accept the rules and regulations that govern the activities. If any member Fail to meet its obligations they will be sanction.

Always get assistance from a lawyer or an experienced person to avoid any disputes. The legal professional will review the constitution to make sure its meet local, state and federal requirements.

Steps guide to set up a saving circle: During

d. Meeting period

You have to set up a time when you all come together for meeting and to discuss all issues related to the organizations. You can share ideas on what to do with the fund or share your current issues. The quality of the encounter is enhanced by making it enjoyable with some social activities. In addition, if the entire saving period is 12 months, everything ends after 12 months. Thus the entire fund plus the interest generated is shared equally among all members.

I will recommend meeting once a month. Then you will have more to share and talk about. The meeting is rotative and hosted by each member.

e. Contribution

The contribution aspect of is the reason why you came together. Every time you meet everybody chips in his contribution. One person can contribute twice if their wish. as an illustration, if you decide to meet every month then every month be prepared to contribute the amount predefined. Then the host gets a chance to take all the money contributed that day minus a retained amount of maybe 1% to 5%. Or you can decide to just keep contributing and to divide the money equally at the end of the circle.

Steps guide to set up a saving circle: After

f. Dissolution

Actually, a saving circle is set for a specific period of time. A dissolution is recommended after you reach the set time. Equally, that leads to interest distribution among all members. However, you can decide to continue as a common agreement.

Before starting the dissolution process, you have to make sure everyone is on board and that’s the direction the majority of members are comfortable. Some saving circles are so well managed that the amount generated as interest made the members millionaires.

Advantages of a Saving Circle

  • Provide monetary access for people with no access to the traditional banking system.

All circles help a lot of people by providing them access to financial security and stability. The money they make can easily be stored in the organization bank account. Typically there is a person that walks around to request for contributions.

  • Access to cheap money

Being part of a saving circle is a great way to save money for any goal. In addition, the money saves if well managed could be placed by all members toward a high-interest rate yielding account.

  • Goals

Usually because of this method members can plan ahead and project them in the future with goals. It could be short term, mid-term and even long term. It is all about planning and joining the right organization. More importantly setting yourself specific goals to achieve, sharing with members so they can keep you on track.

  • Accountability

It is probably the most critical attribute of any circle. In fact, during the evaluation process, the assertion always starts with a thorough accountability assessment. Consequently, they will check every important aspect of your life. To confirm you have a high level of accountability. Most likely the only way to join an organization is by referrals,

In conclusion

Saving circles might not be for everyone, but it is certainly one of the most effective to reach your financial goal. Today with modern technology more online options are available to ease the process. Apps like or are the latest way to save together with partners, family, friends or even strangers.



How To Make your Electric Bill Lower

Energy can represent a very large chunk of your monthly paycheck. If you factor air conditioning, furnace, heater, and hot water heater. So how can you lower your electric bill? According to the Energy Department, an average American family spends a total of $2200 per year on utilities. Improving your energy utilization can help you reduce your bill by at least 20%. That extra money you can save.

Takeaways: Make your Electric Bill Lower

Electricity bill takes a big portion of a household paycheck every month. The complete breakdown by State could be found in this report, published by the Energy Information Agency in 2017. It goes from $87 to more than $100 per month. Obviously, your personal or family usage play a bigger role in the process. But these are the strategies that you can implement to lower your bills.

How To Make your Electric Bill Lower

  • Install ceiling fans in all rooms: It will help keep the house cool in the summer and warm in the winter. They use less energy than the furnace or an A/C unit.
  • Keep your home sealed tight: this option will protect you during winter by limiting cold weather access in the house. Inspect your attic and your roof for ice dams, check for gaps pipes that go through walls, seal and insulate outlets and switches and check the basement for cracks. In addition, weather stripping around doors will allow air in and out.
  • Turn off electronics: Electronics guzzle power even when they’re off. Plug them into a power strip, then turn off the strip.
  • Motion sensor: They turn off lights automatically so you don’t waste electricity. They also add as timers.
  • Insulation conserves energy: Insulation reduces the exchange of heat through a surface. In a well-insulated home, less warm air escapes from the house during the winter, and less cool air escapes during the summer.
  • Limit electronic devices in your house: You don’t need to have many electronic devices in your house. Fewer devices mean less electricity consumption. Furthermore, you can set time and days for specific devices access.
  • Add solar panels to your home. Going off the grid with solar panels will help reduce your energy bill while installing solar panels can be expensive, the benefits may outweigh the initial cost. Moreover, the extra energy generated from your solar panels can be reinjected in the grid.
  • Wash your clothes at the laundromat once a month: Image when you are using your washing machine all the energy you use.

Other Methods to Make your Electric Bill Lower

  • Air dry your clothes: This might be hard to do on the coldest months, but once it summer, spring, fall or sunny winter you can definitely take advantage to dry your clothes.
  • Daylight: Take advantage of daylight to turn off lights in your house. Take out the curtains.
  • Natural air: Open your windows especially during summer/spring/fall and some period during winter when the weather is not too cold to ventilate your house.
  • Plant trees: Plant trees near your home, you’ll create shade, which will eventually cool off your home as the trees grow. The Arbor Day Foundation estimates that homeowners can save up to 20 percent a year on their energy bill by planting trees around their home.
  • Dress comfortably: Always put on warm clothes during winter or cold weather, cover yourself with blankets, have blankets also in your living room and turn on the heather when it is absolutely necessary.
  • Shower with hot water: Once per day, and no hot water during weekends. In fact, there are numerous benefits associated with taking a cold bath.
  • Don’t buy or rent big houses: Bigger house equals a bigger electric bill. Try to get a house that meets your needs and optimize all the space you have.
  • Always do rounds before going to bed to double check all the house corners to make sure no lights, no unnecessary electronic devices were forgotten on.

Out of the box strategies

  • Shared electric bill: if you live in the same house with adults you can request for each to pay a contribution towards the electric bill. They could be your adult child, cousins, brothers, etc…
  • Limit the number of people in your house: More people more pressure on the resources in your house. The same goes for electricity, if you limit the intake of people in your house, you will be able to control your energy bill.
  • Limit house events: such as parties, community meetings and other events that could drag in large crowd till dawn. You will be surprised by how much energy bill goes up when you host an event. Now imagine you host multiple per year.
  • Take advantage of your chimenea: this is a great way to heat your house especially during winter.
  • Electric heater: Because the normal heater is a more expensive option leveraging electric heater in some specific area of the house will lower your electric bill.

In conclusion

Saving money on your electric bill is not very easy and it requires the necessary mindset shift. Some of those strategies are pretty simple and easy to implement other require few efforts or help from an expert. But if you put in the time and the effort you will be able to same good money.

How To Make Money Working From Home

The ability to make money working from home is most people’s dream. However, the outcome depends on how much time and effort you put in. Efforts can go from some few minutes to a full-time position. Either way, you could leverage your skills to earn money in a way that meets your needs and availability.

Takeaways: How To Make Money Working From Home

Some tasks will help you make some few dollars while with others you could expect to take home a very good paycheck. In fact, I know some people that make over 6 figures working from home every month. here are some ideas that could help you achieve the same level of freedom whether you are a homestay mom, dad, student, a senior or just looking for a career change.

  • Slow-income generation task:

it is considered slow income generation because it would take some time before you could actually make some substantial income.

Take online surveys: It is a very simple and easy way to make money online., But it takes a while to make a hundred dollars. The ratio of time vs income is extremely low. However, if you put 24h/7 you could end up with more than $200 according to certain personal finance blogs.

Monetize your website: If you have a blog or website, let it make some money for you while you are at rest. Programs like Google AdSense allow advertisers to bid for your ad space. It’s free and doesn’t have to add to your workload. Ads run on your blog and you make money when visitors click on them. With good web traffic, you expect to take home a very interesting paycheck. In addition, you could either request for donations or sell a physical product or a digital product on your site.

Youtube/Vimeo channel: If you have a passion you could put it to work by creating video content around your passion. Then you could monetize it by either selling your most creative video content to your audience worldwide or running ads on your piece. Nevertheless in the case of ads you need to reach a threshold on youtube to get good money out.

  • Fast-income generation task

It is considered a really fast way to make regular money.

Freelance: Chances are you have specific skills or technical ability or even good knowledge about a specific topic you will like to share. You could join websites like Fiverr or upwork that connect freelancers to businesses and sell your skills.

Remote jobs: You could actually get a full-time job working from home. Indeed such job type could range from, virtual assistant, scheduler to more technical jobs such as data entry. Also, websites such as flexi-jobs or indeed could help get the perfect match.

Home restaurant: The trend is growing across the country. By taking advantage of the space in your house, you can make money cooking at home.

Choosing the best method that works for you is essential. Just make sure you keep records of all your dealings in case something goes wrong or you need to file for taxes. Regardless, working from home provides you with so much freedom and flexibility.



How To Save Money on Phone Bill

Learning how to save money on your phone bill will put extra cash in our wallet.  That is because if you are not careful your bill can quickly escalate and take out a hefty part of your monthly paycheck. Can you actually find a way to save money on phone bills? An appropriate answer to the question can be daunting with little knowledge. However, here are some options available that can help you lower your bill.

9 tips to save money on phone bill

1. Add lines: At first, it might sound odds because add lines will actually increase your bill. But splitting with other people will reduce what you each pay. Moreover, the more line you add the better overall price you receive.

2. Use wifi when you can: Data coverages can add up quickly, and some providers charge a premium. Yet make sure you stay within your monthly limit. Consequently try to use wifi connection whenever it’s available at home, work, coffee shops or malls. If you are on the go don’t use your data to download, stream video, music or listen to podcasts.

3. Swap phones with your community: Some plans include the price of a new phone. Try to keep your phone longer and resist calls for a new phone. If you need a new phone just try and swap with another person that might be looking for a new phone but don’t want to pay for it. You can start by leveraging your family, friends and immediate environment.

4. Get a corporate discount: Chances are your company has a partnership with a specific mobile carrier, try and take advantage. Usually depending on the size of your company you can get a very good deal. Nevertheless, the challenge will come from the carrier choice and the duration and the terms of your commitment.

5. Cost-share with an employer: You could conduct business on your personal phone for your employer. This could include phone calls, email, and others. Or you could simply use the business phone for your personal business. Obviously, you want to make sure the company has a cost-sharing policy in place or your employer participate in phone reimbursement.

6. Switch to paperless: Nowadays, companies offer some discount if you switch to paperless billing.  The amount save typically around $5 might look negligible but it can quickly add over the long run.

7. Do you need all the extras?: This is an essential question you have to ask yourself.  That is you have to be careful when you are signing your mobile bill contract. Think of insurance, extra data, streaming services, international calls, and other add-ons. They can climb up to $20 per month. That is exactly what I save on my phone bill when I cancel everything.

8. Go without data: This is a more radical approach especially nowadays. But you can evaluate your lifestyle and check if you actually really data 24/7. If you really need data perhaps you can go for the plan you really need. For example, I managed to survive more than 2 years without data. It was challenging but I made it. I simply took advantage of all the free wifi at work, coffee shop, home and etc…

9. Expensive phone: Not sure you really need that. One of the most critical components of a phone plan is the price of the phone. In some cases, it represents more than 40% of the total of your bill. So reevaluate and resist the sweet sales talk and ask yourself if you really that trending phone with those amazing features. More if you can keep your phone as long as possible you are up to save good money.

10. Keep your phone longer: Indeed with today’s pressure on phone companies to keep up with the competition. So they are making new releases practically every month. It could be challenging for the average consumer to resist the trending temptation of changing phones all the time. However the longer you keep your phone the better deal you can get if you absolutely need a new phone.

11. Don’t buy a contract phone: contract phone is extremely expensive. The monthly plan might seem cheaper at first sight. But in the long run, when adding up interest rate it becomes expensive.

12. Switch carriers: Shop around and see who can give you a better deal that fits your budget. You’ll probably find a good offer at less known, smaller carrier. Most of them have some links with the big guy. So chances are you are still going to keep the same benefits. So do your research and shop around.

Takeaways: How To Save Money on Phone Bill

The above tips are not exhaustive but reflect edulers’ contribution to the topic. By implementing those you will be able to save money. As usual, financial empowerment is central to our actions and ideas.


Choose the right phone plan, is often not regarded as a critical decision. As a  result, people don’t take their time to assess every corner of the decision.  You will want to evaluate many factors when going after a plan especially if you want to save money.

  • Try to determine how much data you can use monthly
  • How many minutes of calling you can approximately do per month?
  • The carrier network coverage
  • The cost of the phone
  • Your monthly budget. I will recommend your cellphone budget shouldn’t be more than 15% of your total revenue.
  • In addition, always monitor your bill.


Save Money on Groceries : Grow your own food

To save money on grocery is not an easy task. Especially if we want to maintain a healthy diet lifestyle. Nevertheless If you breakdown your grocery budget, you will notice fresh vegetable especially organic veggies represents a huge part of the budget. As a consequent, by leveraging the space you can substantially reduce your fresh vegetable budget. There are probably many options available but this article will illustrate how you can save money by growing your own veggies.

Takeaways: Save Money on Groceries

This article focuses on the most common veggies used while cooking. Like basil, green onions, tomatoes, carrots, and bell peppers. Even better if you have a garden you really save big. Image how much money you can save every week if you grow these veggies. Below find how you can grow them.

  1. Basil leaf (0.75oz) from $2.49 at a grocery store

Growing basil indoor can be challenging because it should be planted an in well-drained, nutrient-rich soil and it requires good lighting. A plant of basil yields about 9 0z or 7 cups of leaves. That is approximately $30 savings with one plant. You can buy a plant in a pot for approximately $6 and utilize your window sunlight.

     2. A bunch of green onion (4.5oz) from $1.29 at a grocery store

Green onions are the easiest veggies to grow and it grows very fast.  All you need is a container and water. Place the roots down in a jar or glass with enough water to cover the roots. Place the jar on a sunny windowsill and change the water every few days. That is it. You will have an endless supply of green onions all year round. You save anywhere between $5 to $10 per month. Moreover, the quantity will depend on the size of your jar. But you can expect to harvest at least 2-3 times per week

    3. Romaine Lettuce (22 oz) from $2.69

Chances are you are buying a head once a week. Actually, you can regrow it from the stem. Simply place the stem in a bowl and fill it with water. You should see the result within days and complete full lettuce within  2 weeks. But unlike green onion regrowing romaine lettuce won’t provide you with an endless supply. Depending on the size of your bowl you can expect to save good money between $10 to $50 per month. In addition, you are safe to grow your own romaine lettuce.

    4. Organic bell peppers ( red) from $1.59 each

Bell peppers can be extremely expensive depending on the variety and on where you buy them. But to grow them you will need the appropriate soil, space, and light. However, you can leverage always your porch or your garden. You can save a substantial amount of money if you grow your own peppers. Your total saving could reach $50 per month.

In conclusion, growing your own food or regrowing  food will:

  • Trim the grocery bill you can expect to save from hundreds of dollars to even thousands per year.
  • Supply you with fresh, healthy organic food.
  • Build a healthy life.
  • Possibility of having a zero dollar spend on grocery if you push the idea further.

If you can utilize your kitchen, porch, garden. You can always check community gardens around you.




How to Build a Growth Mindset

Growth mindset according to Dr. Dweck’s who coined the term is the understanding that abilities and intelligence can be developed. In essence, her researches highlight the point that the way we think about learning can change the way we do it. The excellent video below by Trevor Ragan revisits the concept and brings in more clarity. The video is a piece of art and probably the best work on how to build a growth mindset on youtube.

Dr. Carol Dweck illustrates that better at Ted talk event in the video below.

Indeed at the core of the concept, we have to believe, take action and then we can grow. It is not easy, it is frustrating and challenging but it is worthwhile. Our mindset can impact our actions especially when it comes to learning.

We all have around us people that always runaways when there is any challenge. They can’t think outside the box and are averse to change.

It is important to always surround yourself with people that are opened minded and fast forward thinkers, demonstrated a growth mindset or the ability to build a growth mindset.

Definitely, it will take focus, attention and time. For the most part, we can get better at stuff.

How Do I Get Paid on Venmo: Step by Step Guide


This article teaches how you get paid on Venmo. Venmo is a financial peer to peer money transfer app. But contrary to Square cash it is built around the social interaction. Indeed you can send or request money via emoji-studded text messages.

Step by Step Guide: How Do I Get Paid on Venmo?

  1. Open the app on your IOS or Android phone. If you haven’t logged into Venmo. you can do that by using your email and password when prompted. If you haven’t registered for a Venmo account, sign up here.
  2. Hit the “Pay or Request” icon on the app. Or look for the icon below

Pay icon

  1. Select a recipient. Write the name of the person to whom you want to send money. If you have multiple people to pay on iPhone, tap the first person’s name, tap the person’s name in the “To” field, and then tap each subsequent person’s name to add them to the list. On Android, long-press the first person’s name, then tap each subsequent person’s name.
  2. Enter the amount

Make sure you have sufficient amount of money available in your venmo account or in your credit, debit card or bank account.

  1. Add a note. This is “The what for?” Text box below. It is not optional you must type a note before you can send any money.
  2. Determine who can see your transaction. You can use the privacy function to adjust your settings.
  3. Tap pay

Once you tap the pay button the money is immediately sent to your recipient Venmo account. However, if you want the money to be deposit directly into your bank account, 02 to 03 business days are required. You can use the app for purchase or to pay for ride sharing. For instance, Uber ride can be paid with Venmo.


Venmo is very easy to use an app, that offers great functionalities. The interface makes pretty simple to receive money instantly from another user. Beyond the app is adding more functionalities for convenient.





How To Save Money in College

How To Save Money in College

College life is challenging, every penny count so learning how to save money in college is essential to have a balanced experience. In this article, I want to share some useful tips, I used when I was in college. I hope it helps you achieve your financial objectives.

Save on shopping

  1. Group buying: team up with classmates to share textbooks and other materials. I wrote an article to explain how to save money on grocery shopping.
  2. Grow your own food: it is amazing how much money you can save if you can grow crops like basil, green onions, or tomatoes.
  3. Buy in bulk: always buy things in bulk they last longer and save you a lot. In college, my apartment was always packed with boxes and bags of food.
  4. Make your own coffee and your own food: you will save good money from making your own food.
  5. Look for volunteer opportunities: when you volunteer in nonprofit organizations, you can take home some perks such as free foods or valuable connections.
  6. Coupon: use coupons as much as possible for shopping. Websites like Groupon are very effective.
  7. Don’t go fancy go practical: it is amazing how much money you can save when you start prioritizing practicability over fancy things.

Save on experiences

  1. Shared an apartment: Make your housing budget less expensive by splitting the cost with a roommate. Go even further by choosing an off-campus accommodation that provides all utility in the rent.
  2. Don’t go for activities: that is a very hard one because at the same time when you are in college you need to make time to network and connect with your fellows. Rather than anticipating outing prioritize apartment events or outdoor activities that do not require money. Chances are they plenty of free stuff to do in the city.
  3. Walk: walking is good for you and your health. Always make to cover some short distance walking. A rule of thumb when a distance can be covered within 1hour forget ride-sharing app and go walking.
  4. Take public transportation: forgo a car, when you factor in the lease, the cost of parking, insurance, gas, maintenance, and unexpected repairs, you can break the bank. You can always use a Zipcar, get around or rent a car if you need to go a long distance with friends or relatives.