Is it worth your Blood?

If you’re like me, you have probably been in a situation, at least once in your life, where you have hoped for effortless ways to make a little more cash. Whether these hopes spawn from the need to pay the phone bill, pay the car insurance, catch up on rent, or just have a little more spending money, I am here to suggest at least one idea that pays $25 per hour at entry level pay. At least, that’s what it averages out to.

I am, as you may recognize from the title, speaking of selling blood plasma for extra cash. Selling blood plasma tends to be a two hour process that involves extracting your blood, filtering it for the plasma, and returning the red blood cells back to your body. Most companies will pay $50 per visit for the first 5 visits; then, they tend to pay around $25 for the first donation within a one week time-span, and $35 for the second.

The maximum amount of times a person can donate plasma is two times per week. Thus, for the first two and a half weeks this is an extra income of about $250. And, every week after that has a supplementary income of about $60.

Now, some of you may be thinking, “this sounds grand and all, but how do I get paid?” Well, most companies load up your earnings on a prepaid visa card with a small fee per transaction made. Thus, the best way to use it is usually to purchase a small item, like a pack of gum, at a grocery store and get the rest of the balance back in cash.

Personally, I have yet to donate plasma myself, but I definitely think I am going to start this summer. If you have donated plasma before, please comment about your experience and let us know how it went!

 

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Clothing Entrepreneur (Work from Home)

Ever since childhood, I’ve been all about “free” money. From selling bouncy balls and gum to my little brothers in childhood, to participating in moneymaking surveys, to trying data entry jobs online. But, the first of these many, many profiteering attempts to become successful was my foray into “Flipping.”

Of course, when I first started, I didn’t really know what I was doing, or that “Flipping” was even the name for it. I only knew that I wanted to clean out my closet, and I wanted to make more money than the $2.50 Plato’s Closet was going to give me. So, I began looking for other venues to sell my used clothing.

My search took me along several paths, and I passed many websites and apps on the way; such as letgo, OfferUp, Craigslist, Ebay, and many others. But, eventually my journey brought me to an app called Poshmark. Poshmark is a reselling app specifically for clothing, makeup, and accessories. It allows people to create their own “closet” of items, set their own prices, and create their own pictures. And, best of all, Poshmark takes care of the shipping. Once something sells on their site, they send an email to the seller with a shipping label attached. Then, all the seller has to do is put the item in a free priority mail box from USPS, attach the label, and send it on its way. However, there is one slight downside to the apparent miracle of Poshmark, and that is the 20% fee they charge per sale, as payment for using their site to find a buyer. On orders of $15 or less, this fee is $2.95. Personally, though, I don’t find this price too bad because, through them, I’m making money I never would have had in the first place without them.

After posting the initial ten pieces of clothing I was looking to get rid of from my closet, I decided to venture into buying clothing at cheap prices from thrift stores and reselling it at higher prices on Poshmark. This particular behavior is the definition of the term “flipping” from earlier. So far, after three months of flipping clothing on Poshmark and two other, less successful sites with similar function (Mercari and Vinted), I have made about $300 in profit. Or, in other words, about $100 dollars a month. And, since my followers on Poshmark are always growing, I am optimistic that a year from now I will be making even more.

All in all, flipping clothing online is a definitely a worthwhile attempt at achieving a decent supplementary income. Especially for an introvert like me who would rather not deal with traditional “at home” work, such as the ever-present “at home call representative” suggestion on most other money saving blogs.