5 Proven Ways to Earn Money on the Side

5 Proven Ways to Earn Money on the Side

Business
If you are looking for a little extra cash to help you live the life you want to live, you might be wondering what the best side hustle is for your lifestyle and needs. There are several options open to you, including tutoring online English students, selling on Amazon, or renting out your spare bedroom, and they will be briefly explored below. Hopefully, this simple guide will help set your plans in motion for how to earn some extra money on the side. TEFL (Teaching English as a Foreign Language) A great way to earn some extra cash - and also open the door to future travel opportunities! - is completing an online TEFL qualification and then tutoring children or adults who study English online. Your students could be anywhere in the world,…
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Understanding What Electronic Money Institution Is And How It Works

Understanding What Electronic Money Institution Is And How It Works

Software, Technology
For as long as people have had money needs, there have been companies that helped them satisfy those needs. Some of those companies were banks and they held or loaned people’s money, others took that money in bills or coins and exchanged it for other types of currency. Today we have evolved beyond that; today we have electronic money institutions that do the same but electronically. What is an Electronic Money Institution (EMI)? An electronic money institution is a legal entity of non-bank origin that was set up to be able to issue electronic money or perform any other kind of operation with funds provided by the consumer.   EMIs do not have a physical presence and are regulated by the European Central Bank (ECB). In the EU, certain obligations exist…
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