Get a $150 Referral Bonus When You Become an Uber Driver

If you’re considering becoming an Uber driver, NOW is the time!

The referral bonus for new Uber drivers has traditionally be lower, at $50 in most cities, but Uber has increased the new driver referral bonus to $150 in many cities! The bonuses vary by city, so it may be more or less in certain cities. For example, right now it’s $300 in Washington, DC, $400 in Boston, and $500 in Los Angeles!Become an Uber Driver

It’s very easy to get started, and there are only a few steps you need to take to get paid your bonus:

  • Sign up here
  • Upload all required documents to their partner dashboard
  • Get vehicle inspected
  • Complete 20 trips (this number varies by city, but should take about 3 hours of Uber driving)

When I signed up, I got paid a $50 Uber referral driver bonus after just the first Saturday night of driving for Uber. It couldn’t be easier to earn the bonus, so sign up now!

The whole process is pretty quick, and if you have any questions about the approval process, leave them below. I’m happy to answer them for you!

So what are you waiting for? Sign up to become an Uber driver here and get your $150 bonus now!

Uber Sign Up Bonus

4 Ways Refinancing High Interest Loans Equal Financial Freedom

High interest debt can be one of the most common reasons that people find themselves in a never ending cycle of loan payments. When you make a loan payment, you should be making progress on your principle balance, right?

With some high interest loans, the minimum payments simply cover the interest accrued without helping you move toward being debt free.

These loans often lead people to look for other solutions and one of the most common solutions to free you from high interest loans is refinancing. This is the act of acquiring a new interest rate, term, and payment schedule on a loan.

Here are some reasons why refinancing a high interest loan may be the right option for you.

1. Lock In an Affordable Rate

Loans either offer variable or fixed rates. Variable rate loans have interest rates that can change over time and fixed rate loans will remain the same over the term of the loan.

A variable rate loan might look attractive at first but soon turn into a loan that becomes unmanageable. Locking in a more affordable fixed rate and lowering your payments is a great reason to refinance.

Best of all, you can see variable and fixed rates from a number of different lenders all in one place, which allows you to comparison shop and find the best loan for you.

2. Get More Favorable Repayment Terms

Some high interest loans like payday loans have repayment plans designed to keep you in debt longer than you initially expected to be. In fact, a lot of people spend almost an entire year paying back payday loans that began as a single two-week loan.

Refinancing a loan can allow you to find a more manageable repayment schedule for your loan. You could amortize payments over a longer period to reduce the amounts of your payments and allow you to build a better budget while still managing debt.

3. Start Investing in Yourself

Once you have secured a lower interest rate and a more manageable repayment schedule then you can begin thinking about more than just your debt.

Investing in yourself is an important step to financial freedom. For most people, this means setting aside money for long term savings like retirement. As you save more, freedom will feel closer than ever before.

4. More Budget Flexibility

Once you have refinanced your high interest loans then you may find you have more flexibility when creating your monthly budget.

This newfound flexibility is not a license to go wild with your spending. Instead, you should look for ways to budget your money in ways that will help you reduce debt and increase savings. Dedicate extra funds to credit card payments or start setting aside more for special purchases and long term goals.

Embrace Your New Financial Freedom

Escaping high interest loans can feel like a weight has been lifted off your shoulders. It’s up to you to ensure you make the most of this opportunity and enjoy the financial freedom you have been given. Save money, invest in yourself, and avoid the types of loans that put you in this situation originally.

Finding the Right Investment Manager

The ever-changing financial landscape makes it a challenge for investors and their advisors to differentiate between investment managers and companies. It is highly advisable to gather as much information as possible when assessing prospective investment managers. You should ensure the data you have is relevant to future outcomes and not past returns since the selection process is really more of a test of consistency and not talent. Ask yourself: “Will this asset manager still be yielding the same results in 10 years time?” This means you have to evaluate an investment manager’s incentives, business structure, team stability, breadth, experience and temperament. This allows you to focus on future performance without anchoring yourself to past performance. We can extend our thinking even further by viewing a fund as an underlying business with a team and a process.

What information should you look for?

The required information can be categorized into two columns: The first is the information a manager releases to the world. Obtaining this data is quite easy and is usually available on request, via the website or a newsletter. The second requires you to find data to evaluate whether the manager actually delivered what was promised. Accessing this information can be done a few ways: Evaluate their portfolio turnover and investment holding period by looking at the frequency with which their top 10 holdings or portfolios rotate. Are they responsive to short-term events or are they long-term investors? Check if the top 10 holdings align with the index. This gives you some insight into their investment style. Look at team changes since stable teams generally translate into investment consistency. The core team information is often available in the website, which allows you to track them in order to gauge their experience.

What are the key criteria?

A proper evaluation involves examining all the data and the team, which usually takes a number of rounds to complete. There are, however, a few “big picture” key criteria to help you with the initial evaluation of a prospective investment manager.

  1. Shareholders and a business that understands asset management. What is the intent of the shareholders? Do they overload the investment team with many offerings? How do they measure themselves and are they supportive of portfolio managers when they underperform?
  2. Consists of one or two people who love investing and drive the entire process. These people are often averse to marketing.
  3. The team has the proper resources and has significant experience with specific asset classes. Specifically, is the ration of investment ideas to people appropriate? A single analyst cannot properly research more than 15 ideas.
  4. A team with low staff turnover. How can you trust a team’s record if the team is always different? If new people do join, then what is their experience and do they have any peer endorsements?
  5. A clear and intuitive investment process that is the cornerstone of the team.
  6. They follow through on their promises. Look at their portfolio to assess whether past actions are consistent with the information they provide you.
  7. Are the incentives appropriate? Are the fees appropriate? Are they invested along with the client? A typical red flag is an investment company, which views financial rewards as the key determinant of culture and behavior.

Ultimately, selecting an investment manager is always going to be a judgment call. While there is no perfect solution, we can still evaluate them according to their consistency. A consistent manager is more likely to deliver on their promises.

Due diligence can take some time so if you find yourself a bit overwhelmed then consider consulting a good independent financial manager who can help you formulate a plan and portfolio according to your risk appetite.

Get Income and Money Saving Tips To Your Inbox

Get Income and Money Saving Tips To Your Inbox

Want more tips on how to make more money each month? Sign up to receive the great tips and tricks to boost your income and save more!

You have Successfully Subscribed!