Woodworking Business Ideas For 2022 And Beyond

Woodworking Business Ideas For 2022 And Beyond


Maybe you’ve been a woodworker for years, or it’s a hobby you’ve picked up recently.

If it’s something you thoroughly enjoy, woodworking can turn into a successful business. 

There are now more opportunities than ever to monetize our woodworking skills online. 

In this post, I’ll go over the most profitable woodworking business ideas that have a fighting chance in today’s market. 

Wooden goods are still in demand today, in part because they are more environmentally friendly than their synthetic counterparts.

They also have a timeless appeal that will never go out of style. 

High-quality wooden goods are also almost certain to last a lifetime.

That’s why many folks think of them as smart investments. 

The Top Woodworking Business Ideas To Try Out This Year 

You can start a small business out of your love of woodworking in a plethora of ways.

Some of these strategies call for selling more lightweight items that you could manufacture at a reasonably fast pace. 

Some require more work and produce higher-end goods that you may sell for more money.

I’ll also go through how you can earn money by instructing people in woodworking.

Sell Your Wood Projects On Etsy 

Selling creations on Etsy is one of the most well-known ways that crafters may earn money.

Fortunately, the platform also has a sizeable market for woodwork.

I’m sure you’ve heard of it, but Etsy is an internet marketplace where small businesses sell handcrafted goods. 

The following are some examples of the most lucrative woodworking projects you can sell on the platform: 

Wooden wall art 

  • Art and photo frames 
  • Wooden pens and pencils 
  • Custom cutting boards 
  • Candle holders 
  • Jewelry boxes 
  • Wooden toys and puzzles
  • Laquered wood chopsticks 
  • Wooden jewelry 
  • Wooden decor 
  • Birdhouses 
  • Utensils 
  • USB drives 
  • Card and phone stands 
  • Birdhouses 
  • Planter boxes 
  • Storage boxes 
  • Coat racks 
  • Fruit bowls 
  • Wood signs
  • Cup racks 
  • Clocks
  • Wooden chimes
  • Wooden Beer mugs 

Essentially, if you can make it, there’s someone out there who’s likely to buy it! 

Etsy is straightforward to use, and you go live, selling your wares in a couple of hours. To get started, you will need to: 

  • Come up with a distinctive name for your online shop. 
  • Snap high-quality photos of your products 
  • Come up with optimized product descriptions.

Since you’re selling to a ready-made customer base on Etsy, it’s ideal for newbies.

You can concentrate on creating enticing descriptions and taking beautiful images of your products.

Doing so will ensure that you appear high in search results. 

On Etsy, a seller account can be created for free, and there is no ongoing charge.

Even so, there are expenses associated with being an Etsy seller. 

Your item can be listed for $0.20, and this price is due each time a listing is renewed.

Additionally, each time you sell an item on Etsy, transaction costs totaling a little over 6% is deducted.

Despite these costs, starting a business on Etsy is inexpensive and beginner-friendly.

Just remember to include costs in your item pricing.

Sell Custom Furniture 

Building custom furniture can be a fantastic woodworking enterprise for you if you like taking on bigger projects and having a creative brief to work from.

Take some images and use them to promote your services after you’ve made some furniture for yourself or your friends and family.

Selling specially crafted furniture can be done in many different ways.

Posting the images on local Facebook groups and the Facebook Marketplace is one of the simplest ways to get started.

Your only costs will be the materials you use, as you now have a free venue to promote your work!

Here are some furniture items that will sell like hotcakes: 

  • Beds and dog beds 
  • Wall shelving 
  • Bookshelf
  • Chairs 
  • Desks 
  • Storage cabinets 
  • Baby cradles and cribs 
  • Deck/patio furniture 
  • Island butcher block 
  • Doors
  • Consoles 
  • Dining tables 
  • End tables 
  • Vanities 
  • Closets

Owning a website is a small investment that will pay off greatly for your custom woodworking business.

With Bluehost, you can launch your own business website for as cheap as $2.95 per month.

If you’re committed to your business, you will need this valuable asset. 

By presenting each woodworking product you produce and fostering trust with your clients, your website will act as your online portfolio. 

Your website may help you expand your business by making it easy for potential clients to locate you online with a bit of help from SEO.

At the very least, you should set up some social media accounts and post photos of your work there.

If you’re a bit more old-school, take the time to showcase your products at local events. 

Lastly, you should make sure that you account for the time-intensive nature of creating custom furniture in your pricing.

Launch A Woodworking Blog 

A woodworking blog is a terrific way to monetize your talents if you enjoy woodworking but aren’t interested in making things for other people. 

Starting a blog about a passion project means you’ll never run out of topics to write about.

Your woodworking blog may feature the following:

  • Your favorite woodworking tools that you can recommend 
  • Updates about your projects 
  • How woodworking impacts your life as a creative endeavor 
  • Tips for woodworking 
  • Tutorials for projects 

So, how will you monetize your woodworking blog? Easy! You could: 

  • Allow display ads on your blog 
  • Include affiliate links to products that you write about 
  • Sell physical/digital copies of your ebooks or woodworking plans 
  • Collaborate with other brands in your niche 

Although blogging doesn’t involve physical labor in the same way that carpentry does, it does demand time and commitment

To ensure that your blog receives a lot of attention, you must invest time in SEO and marketing in addition to authoring your posts.

In the blogging world, more readers equal more money

Consider selling merchandise or a wooden decor item that you’ve made if you decide to make a living from your blog.

Some of your future fans might want one of your works in their homes. 

However, selling digital goods is considerably simpler!

Digital products are fantastic since you can sell each one an unlimited number of times.

Starting a blog is undoubtedly a lot of work.

But you can pull it off if you’re truly serious about your craft and want to share your knowledge with others.

Launch A Woodworking YouTube Channel 

launch a woodworking youtube channel - woodworking business ideas

What do most people do when they need help with a skill or particular technique?

They’ll go on YouTube! 

If some niche is even remotely popular, there’s some creator out there with tutorials for that niche on YouTube. 

There are a ton of folks who have achieved success on YouTube by making tutorials for skills they possess.

You can start your own YouTube channel and share your woodworking expertise with others if you regard yourself to be pretty experienced.

It’s okay if you’re just getting started!

Viewers enjoy following someone on their journey as they go through each project.

You will give viewers a chance to avoid your mistakes and replicate your successes. 

Once your YouTube channel is live, you can earn through: 

  • YouTube Affiliate Marketing 
  • Ads (through the YouTube Partner Program) 
  • Brand sponsorships 

You can start running ads on your videos after you have more than 1000 subscribers and 4,000 hours of video watch time.

Before this, though, you can make money by adding affiliate links in your description. 

If you establish yourself as an authority figure in your niche, other brands will want to collaborate with you.

They’ll pay you to try out their products or sponsor your upcoming projects. 

Related Reading: How To Get A YouTube Sponsor – Get To Know Here.

Teach An Online Woodworking Course 

An online course is a fantastic alternative if you’re into the thought of imparting your knowledge to others and want passive revenue.

Depending on your skill set and the effort you choose to put into it, there are many ways to build an online course.

You may start by creating instructional videos to post on a platform like Skillshare.

Instead of someone purchasing your course, you are compensated based on how many views you’ve had from paying members.

It’s a simple method that requires little money up front to produce your tutorials.

The second (and most lucrative) choice is to develop your own course.

If you’re thinking of starting a woodworking blog, this is a wonderful fit because you’ll need your own website for it.

Though it might appear complicated, creating your own online course is actually very straightforward.

Many free and inexpensive tools are available online to help you with the process.

All you have to do is write, take pictures, make videos, or combine all three to generate your content.

Then use an online course platform like Thinkific or Teachable to turn it into an interactive course.

Hold In-person Woodworking Classes 

hold in-person woodworking classes

Hosting in-person woodworking lessons could be one of the terrific woodworking business ideas for you if you enjoy interacting with others.

You can start small by teaching your students how to make frames.

Maybe you only want to teach advanced learners who want to take on more complex projects.

It’s entirely up to you! 

Simple projects like wooden pencil manufacturing can be taught, as well as more difficult ones like building a kitchen cabinet.

You would need to rent an appropriate venue or host the class in your own workshop to accomplish this.

Of course, there are extra expenses for in-person classes. 

You would have to pay for: 

  1. Lumber for you and your students to work on 
  2. Tools and woodworking equipment 
  3. Insurance

You can factor these costs into the fees that your students will pay you.

If you love feeling like you’re a part of your community, this is undoubtedly one of the most enjoyable business concepts for woodworkers! 

Ideally, you’ll get to meet a lot of new people.

They will spread the word about you if they enjoy your classes. 

There are a few options for marketing your classes.

Social media comes to the rescue again!

Posting on local Facebook groups would be your first step. 

You might also consider placing flyers on local noticeboards or buying ads in the neighborhood paper. 

Hosting live classes does require more funds upfront than most of the suggestions on this list.

It can, however, also be highly lucrative financially and socially.

Sell Woodworking Plans and Blueprints 

Another fantastic approach to optimizing your woodworking skills to generate a passive income stream is by selling woodworking plans and blueprints. 

If you enjoy designing various projects, you could produce PDF instructions or plans to market online.

The setup for this venture is time-consuming because you’ll need to explain and document each step thoroughly. 

Once you’re done, though, you can sell each plan as many times as people are willing to buy it.

This implies that you can get passive income every month without needing to develop any new products.

Your blueprints or plans could be sold online through Etsy or your own website.

You could display the finished product and encourage people to purchase the instructions if you started a blog or social media account. 

Open A Woodworking Shop – Woodworking Business Ideas

open a woodworking shop

Maybe there are already many woodworkers in your area, and the market is pretty fierce. 

If so, why not create a shop and make money by selling other people’s work? 

You can purchase their best products, then resell them with profit margins that are within reason.

You’ll have to give out contracts and generate a commission by selling their stuff.

You need to stock a range of wooden goods in your store and open it in a competitive marketplace if you want to succeed in this line of work.

If you’d like to add your own touches to existing wood furniture, try a furniture flipping business. 

You’ll have to source vintage or discarded wooden furniture, then make the necessary fixes and upgrades. 

Related Reading: How To Start A Car Transport Business – Learn More Here.

Construction 

The expertise of woodworkers is required for many building and construction projects. 

People hire woodworkers to build cabinets into the wall, hold aluminum sheets in place with wood components, decorate ceilings with moldings, or install wooden flooring.

You can establish yourself as the premier woodwork contractor in your area!

The more folks know about you, the better it is for your company. 

This business idea will work best in areas where folks are redoing their homes. 

Woodworking Business Ideas – How To Start

Acquire The Proper Licenses 

Like any business, you’ll have to register yours as the business owner.

You must register as a sole proprietorship company for a small woodworking business.

You might also need a trade license and GST registration.

Plan Your Products 

What are you going to sell?

Once you’ve settled on your product/s, you’ll have to figure out your manufacturing schedule, procedure, and cost. 

Source The Tools and Materials You’ll Need 

You might already have this stuff, so skip this step.

If not, you’ll have to select the proper tools and machinery you’ll need for production. 

Natural resources like wood and other consumable items should be acquired as well.

A modest woodshop only needs a few essential tools to get the job done. 

Establishing a large-scale business, however, requires the purchase and installation of fancier machinery. 

Improve Your Process

Making adjustments and enhancements to the production process would be a smart move.

It’s always better to refine the way you work. This becomes crucial if you have workers under you. 

Quality Control 

Your products need an examination to make sure there are no issues or flaws.

Only those products that pass the check are delivered to the buyer.

Make sure you package the products properly to avoid damage during transit.

Related Reading: How To Start A Credit Repair Business From Home – Find Out Here.

Final Thoughts – Woodworking Business Ideas

Woodworking has always been a lucrative hobby because high-quality crafts never go out of style. 

It’s time to monetize your skills and share your creations with others.

Try a woodworking business idea above and get craftin’.





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Does Sears Price Match? | All You Need to Know

Does Sears Price Match? | All You Need to Know


Sears is a well-known retailer that offers a wide range of products, including clothing, appliances, and home goods. One question that often comes up is whether or not Sears price matches.

Yes, according to the Sears price match policy, the company will match a lower price both in stores and online. They will require proof of the lower price, such as an advertisement. The only exception is from retailers that are completely online sellers or third-party sellers.

In this blog post, we will answer that question and provide more information about the Sears price match policy as well as other ways to save at this store.

How to Get a Price Match at Sears

The Sears price match guarantee allows brick-and-mortar locations as well as select online retailers to be matched.

In order to use the Sears price match policy, you’ll need to bring in a physical copy of the advertisement or show it to a sales associate on your mobile device. The ad must be current and for an identical item that’s in stock at Sears.

Show the ad to a sales associate or customer service representative, and they’ll match the price on the spot after verifying it is an identical item.

You can also fill out the price match form online before heading to the store.

You’ll need to enter your name, contact information, the Sears item number, the competitor’s price, the URL of the item you want to price match, and a few other details.

A customer service representative will get back to you within 24 hours with a response.

It’s important to make sure the item qualifies for a price match. Here are some common exclusions:

  • Military Items
  • Services such as automotive or at-home delivery or assembly
  • Bonus or free items and offers
  • Items under special financing promotions
  • Open box items
  • Clearance items
  • Black Friday and Thanksgiving sales
  • Sears Marketplace items
  • Third-party sellers
  • Items that are out of stock
  • Items that are only sold online
  • Buy one get one free offer
  • Gift cards
  • Liquidation items

Does Sears Have a Price Adjustment Policy?

Image of a website by sears for Price Protection Form

Yes, Sears does have a price adjustment policy.

However, many shoppers have mentioned that it can be challenging to get a price adjustment due to specific exclusions and the fact that the item must be 100% identical in order to be accepted.

Sears offers a 30-day window for customers to get a price adjustment.

The item must be the exact same model number and it cannot have been on sale during the time of your purchase.

For “Best Stuff” branded Sears mattresses, there is an extended price protection window of 365 days if you find a cheaper option elsewhere, so hold on to your receipt for up to a full year for these products.

To seek a Price Protection Policy change, visit your original Sears shop and bring your receipt with you.

Bring the advertisement or a screenshot of the online listing that has a lower price as well.

The staff will review your request and determine if you are eligible for a price adjustment.

If your purchase was made online at Sears.com, you will need to fill out a Price Protection form.

You will be given a refund for the difference between the original selling price and the current price that is advertised.

Other Ways to Save At Sears

1. Use the Layaway Program

Sears offers a 120-day Layaway Protection Policy in case an item you put on layaway goes on sale before you finish paying it off.

If this happens, Sears will adjust the price to match the current selling price of the item.

You’ll need to bring in your original layaway receipt and the new ad showing the lower price to a Sears location.

The refund will be processed as soon as the associate verifies the item.

To start a layaway plan, you’ll need to put down a minimum deposit of $10 for in-store purchases and online orders for 8 or 12-week payment plans.

There are service fees associated with using the layaway program, so make sure to factor that in when budgeting for your purchase.

2. Get the Sears App

Image showing a mobile phone in the middle with paper, pencil a laptop, a small succulent plant, and a small calculator

The Sears app allows you to manage your layaway plan, check your Shop Your Way points balance, and get exclusive App-only coupons and deals.

You can visit the coupon center to find a list of the current deals to make sure you’re not spending more than you want to and getting the best deal.

You can also get free curbside pickup where an associate will bring your items out to your car for no extra fee, which can save you a lot of time when shopping.

3. Sign Up for Email Alerts

You can sign up for email alerts to get notified of the latest sales and deals happening at Sears.

These will come straight to your inbox or to your phone is you text the word “PHONE” to the number 732277.

Don’t worry about signing up for both of the alerts, they both receive the same offers and discounts.

4. Keep an Eye on the Weekly Advertisements 

The Sears weekly advertisement is a great place to find out what’s on sale for the week.

You can browse through the items and plan your shopping trip around the deals that are available.

You can view the ad online or get it delivered to your home by signing up for the paperless version.

5. Get a Sears Credit Card

Sears offers two credit cards: The Sears Card and the Shop Your Way MasterCard.

These cards don’t have an annual fee, which means that if you pay your credit card balance off in full each month, you will passively get savings from Sears with all of your purchases.

The Sears card offers special financing that allows you to purchase your items now and pay them off over time with no interest if it’s paid in full within a certain period of time.

The Shop Your Way MasterCard gives you cash back on all of your purchases, which can be used at Sears or any other store that accepts MasterCard.

You will also receive a $40 statement credit when you spend $50 on your new card within the first 30 days of opening it.

6. Check the Clearance Items

Sears always has a clearance section with deeply discounted items.

You can browse through the clearance items online or in-store to find some great deals on clothing, shoes, appliances, and more.

The prices of these items are marked down so that they can be sold quickly, so make sure to check back often to see what’s new in the clearance section.

7. Browse the Manufacturer Rebates

You can find manufacturer rebates on the Sears website that will allow you to get a refund on your purchase.

These rebates come in the form of a check or a prepaid Visa card and can be used for future purchases.

To take advantage of these rebates, you’ll need to fill out a form and submit it with your proof of purchase.

The rebates are usually for a specific amount of money, so make sure to check the terms and conditions before submitting your rebate form.

8. Find Deals on Sears Outlet Items

The Sears Outlet is a great place to find deals on clothing, appliances, and more.

You can browse through the items online or in-store to find some great deals on gently used or new items.

The prices of these items are already discounted, so you don’t need to worry about finding a coupon or promo code.

The program is now known as American Freight but still carries the same great deals on items from Sears.

9. Join the Sears Affiliate Team

You can join the Sears affiliate team to get access to exclusive coupons and deals.

As an affiliate, you will also receive a commission on any sales that you generate.

To join, you’ll need to create an account and submit your website or blog for review.

Once your site is approved, you’ll be able to start promoting Sears products and earning on other people’s purchases.

The Bottom Line

There are plenty of ways to save at Sears, whether you’re looking for a new appliance or some clothes for the family.

By taking advantage of the deals and discounts that are available, you can save money on your next purchase.

What’s your favorite way to save at Sears? Let us know in the comments below!

Photo showing a small building with the label Sears on the entrance with Text overlays that read Does Sears Price Match



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Is It Worth Selling Your Car with TrueCar?

Is It Worth Selling Your Car with TrueCar?


DollarBreak is reader-supported, when you sign up through links on this post, we may receive compensation. Disclosure.

Whether you’re looking to sell or trade-in your vehicle, TrueCar can be an excellent company to consider. TrueCar connects you with local dealerships that give you an instant cash offer. All you need to do is fill out an online application, drop off your car at the dealership for an inspection, and get paid. What’s good, you’ll get paid by check right at the dealership. Instead of getting cash, you can also trade in your car with TrueCar and leave the dealership with a new car.

Pros

  • Selling your car and receiving an offer is easy and quick, taking a few minutes
  • You can see how factors, such as mileage and condition, affect your car’s value
  • TrueCar pays through check as soon as you close the deal with the local dealership
  • The True Cash offer is available for three days in case you need more time to part with your car

Cons

  • TrueCar only directs you to three local dealerships
  • You might find better deals if you’re looking to trade in your car

Jump to: Full Review

Compare to Other Car Buying Websites

Peddle

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Get your free offer instantly via online form or call on (855) 925 4302

$0 fees + you don’t have to pay for towing – Peddle will take care of it

Get paid in check during the pick up for any car (damaged, junk, wrecked)

CarBrain

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Get an offer within 2 minutes and sell your damaged car within 24 hours

Free vehicle towing and no fees to getting rid of your damaged car

The tow truck driver will arrive with your check (nationwide service)

Wheelzy

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Quick car evaluation without the hassle – sell your car within 30 min

Choose a convenient date and time for free pick-up, as soon as next day

Get cash in hand the same day the Wheelzy agent picks up your car

How Does TrueCar Work for Car Sellers?


TrueCar is an online car selling site that seeks to make car selling and buying transparent, easy and efficient. The site also serves as an information platform for buying, selling, and trading in cars. It was founded in 2005 by Scott Painter, an automotive tech entrepreneur. 

TrueCar allows you to; 

  • See the prices of new and used cars in your area. 
  • Research the value of your vehicle before you sell it. 
  • To shop for new, used, and certified pre-owned cars. 
  • Lease your vehicle through the platform. 
  • Receive a quote from the TrueCar team. 
  • Accept or decline the quote from TrueCar dealerships. 

How Much Can You Get for Your Car With  TrueCar?


The amount you get for selling your car through TrueCar depends on the car’s make, model, age, and current condition. For example, the 2018 Toyota Camry value is estimated to be between $22,150 to $24,950. 

Benefits of TrueCar 


What are Main Benefits of TrueCar for Car Sellers

Let’s find out how TrueCar works for car sellers and how you can use it to sell your car with this company.

Marketing Solutions

TrueCar aims to connect dealerships with car buyers or sellers at the right moment. For example, a car buyer looking for pricing information in TrueCar’s database will be connected to a dealership that offers the best price. This way, ready-buyers save time by not going through multiple sellers to find the car deals. 

Another notable aspect of TrueCar’s marketing solution is email campaigns. The platform will promote your car to customers through branded emails. These emails include different and personalized offers based on the information sellers posted on the portal.

You can also opt for a sponsorship package to get to the top of TrueCar’s listings. Through this option, your inventory is likely to get clicks from prospective buyers. 

Learn More About the Industry

You use the latest information to learn more about the car shopping industry to help you set new sales strategies and optimize the existing ones. 

As a seller, you can also check and adapt best practices from industry leaders. 

Education

TrueCar provides training and education to car sellers through its TrueCar University. Here, you can access webinars, resources, and courses to know more about sales and management.

Who is TrueCar Best for?


TrueCar is best for car owners looking to sell their old cars to earn extra cash. It is also best for individuals looking for accurate information as they embark on their car-buying journey. 

What Types of Vehicles Does TrueCar Purchase?


TrueCar does not buy or sell damaged cars and trucks. It connects you to certified dealers that can buy your damaged, broken, or junk cars at fair and competitive market prices. Therefore, the dealers share with you the types of vehicles they purchase.

How to Trade-In Your Car With TrueCar?


What are Main Steps of Trading In Car with TrueCar
  • Visit TrueCar’s trade-in page and enter the necessary information. Make sure to include accurate information.
  • Once you receive an offer, take your car to a certified dealership and have a representative check it.
  • After confirming your car’s condition with the dealership, you can use the monetary offer to get a new car. 

Note that your True Cash offer is valid for up to three days. This means that you have three days to sell your car for the amount stated in the offer. 

The online application process also gives you the option to choose your preferred trade-in car. 

TrueCar for Military


What are Benefits of TrueCar Military Appreciation Package

TrueCar has incentives for military members, veterans, and their families. 

The TrueCar Military Appreciation Package includes the following: 

  • Up to $4,000 bonus cash from selected manufacturers.
  • Dealer discounts on vehicles, new and used.
  • Vehicle condition summaries for each used car.
  • Up to $4,000 worth of repair and deductible reimbursements.
  • Dedicated customer service hotline at 1-866-850-8318.

How Does TrueCar Calculate the Price of Your Vehicle?


When selling your car, you’ll know the estimated value by entering your car’s model on the appraisal page. However, you’ll need to provide the following information to know the actual price of your vehicle:

  • Optional features, such as automatic transmission.
  • Mileage and zip code. 
  • Conditions of your car (e.g. existing damage, accident history, mechanical issues, illuminated warning lights, and modifications).
  • Other conditions (e.g. front and back tires, any previous owner, and odors).

After providing this information, TrueCar will show your True Cash Estimate. Other promotions or offers might still apply once you bring your car to the certified dealer. 

How Fast Can You Sell Your Car With TrueCar?


Selling your own TrueCar is fast and convenient. The company will require you to fill out the information about your car to get a quote. You will then get matched with the best dealership in your area based on the information you have provided. The entire process takes 2 to 3 days. 

TrueCar Fees: How Much Does it Cost to Use TrueCar?


You don’t have to pay for anything to sell your car through the TrueCar website. All services provided by the company are 100% free. 

TrueCar Payment Options


TrueCar is a car selling site that connects dealers with potential buyers or sellers. Therefore, the payment method used will depend on the dealership you are working with.

TrueCar Reviews: is TrueCar Legit?


TrueCar is a reliable and trusted platform that provides accurate information to its consumers about vehicles. It has an A+ rating on Better Business Bureau, 3.8 rating on Trustpilot, 4.7 rating on App Store and a 4.3 rating on Google Play Store. 

 Most users indicated that TrueCar is one of the best sites to consider when selling old or used cars since it offers fair deals. Other users also liked the platform since it connects sellers with dealers who offer the best prices. 

Unfortunately, some users complained that the app constantly had glitches and could not operate properly. Others had problems with dealers who failed to honor the pricing shared with them by TrueCar. The positive reviews outweigh the negative reviews. Therefore TrueCar can be described as safe and legit. 

What Are the TrueCar Pros & Cons?


What are TrueCar Pros and Cons

TrueCar Pros

  • Selling your car TrueCar is an easy and quick process. 
  • Allows you to see the factors affecting the value of your car, e.g. mileage. 
  • Have up to 3 days to accept or decline the offer. 
  • Better deals if you’re looking to trade-in your car.

TrueCar Cons

  • TrueCar only directs you to three local dealerships.
  • Some dealers fail to honor pricing shared by TrueCar. 

How Good is TrueCar Support?


TrueCar has reliable and responsive customer support available 24/7 via live chat, email, or phone. It also has detailed FAQ and help pages with many answered questions, articles, and blogs. 

TrueCar also has a social forum where platform users engage, ask questions, and receive answers from the TruCar support team. 

TrueCar Review Verdict: is It Worth Selling Car With TrueCar?


TrueCar is a recommended car listing site that connects you with local dealerships to give you an instant offer on your car. After filling out the online application form, you will receive an offer within 2 minutes and have up to 3 days to accept or decline the offer.  

Additionally, if you don’t want cash, you can trade-in your car for a new one. It does not charge any service, and the payment method or period depends on the dealership you work with. 

How to Sell Your Car Privately With TrueCar?


What are Main Steps of Selling Car with TrueCar

If you’re looking to sell your car with TrueCar, here’s how you can do it:

  • Go to TrueCar’s website using your smartphone or computer. 
  • On the website, you’ll see the options to enter your license plate, VIN, or make/model. Select the option that corresponds to the information you have. For example, choose the license plate option if you have the license plate number. 
  • Provide the information on each field and click on get started. 
  • Answer follow-up questions about your car. You’ll see the system calculating your car’s value as you enter your answers.
  • Enter information where you want to receive your True Cash offer. 
  • Take your car to a TrueCar certified local dealer. A representative will then check the physical conditions of your vehicle. 
  • Cash out the offer from TrueCar. 

Sites Like TrueCar


TrueCar Peddle Wheelzy eBay Motors
Service fee 0 fees 0 fees 0 fees $19 to $79
Turn around time 2 to 3 days 24 hours 24 hrs 48 hours
Best for Providing information about cars. Quick turnaround time Selling cars online Instant car sales

TrueCar vs. Peddle


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Peddle Summary

  • Buys used, damaged or junk car nationwide
  • Get instant quote on (855) 925 4302
  • Free towing within 48 hours after offer
  • Receive payment upon car collection

Like TrueCar, Peddle offers the option to sell your car quickly. Peddle turnaround time is 24 hours compared to TrueCars turnaround of 2 to 3 days. Both sites are free to sign up and use. 

While you have up to 7 days to accept or decline an offer from Peddle, the TrueCar acceptance period is 2 to 3 days. With Peddle, you get paid during the car pick up, while TrueCar payment period depends on the dealership you are working with. 

TrueCar vs. Wheelzy


wheelzy logo

Wheelzy Summary

  • Wheelzy stores are open 7 days a week
  • Get offer in minutes – (855) 510-1108
  • Free towing of your car from your location
  • Instant payment via cash or check

Wheelzy and TrueCar are legitimate online car selling websites that allow you to sell your car quickly with less hassle. Like TrueCar, Wheelzy services are free of charge. Both platforms have user-friendly websites that are easy to navigate. 

Additionally, when you provide Wheelzy with information about your car, the company representative will contact you with a fair deal compared to TrueCar, which connects you with certified dealers after accurately filling out the online form. 

TrueCar vs. eBay Motors 


ebaymotors logo

eBay Motors Summary

  • Sell 20+ types of vehicle and car parts
  • Low listing fees starting from just $19
  • List a car for sale in under 10 minutes
  • 2 selling options – fixed price or auction

Like TrueCar, eBay Motors is quick and easy to access. eBay Motors turnaround time is 48 hours compared to TrueCar’s 2 to 3 days turnaround time. Moreover, both sites focus on selling cars. 

While TrueCar does not charge any service fees, eBay Motors charges a $19 – $79 listings fee + 2.35% on the portion of the sale over $7,500.  

In addition, eBay Motors also has an auction feature that allows you to sell your car if you are unsure of its value, while TrueCar does not. Otherwise, both apps can provide you with an opportunity to make money and earn.

TrueCar vs. CarMax


carmax logo

CarMax Summary

  • Instant online offer in under 2 minutes
  • Online offer is valid for up to 7 days
  • 2 options for selling – online or in-store
  • Get paid within 30 minutes on the spot

Like TrueCar, CarMax also offers a trade-in program so you can exchange your older car for a newer one. While CarMax offers you two selling options; online and in-store, TrueCar offers one selling option; online. 

Moreover, both sites are free to sign and use. In terms of turnaround time, CarMax’s turnaround time is 24 to 48 hours compared to TrueCar, whose turnaround time is 2 to 3 days. Additionally, CarMax is best for selling cars online, while TrueCar is best for providing accurate information to buyers about vehicles. 

Other Sites Like TrueCar


TrueCar FAQs


What is TrueCar?

What is TrueCar

Headquartered in San Marita, California, TrueCar has built a solid reputation as one of the best companies providing consumers with valuable tools, research, market pricing and transparency as they look to buy new cars. 

TrueCar’s primary purpose is to make the selling or buying process simple, fair and fun. The company has partnered with over 13,000 dealers to make the buying and selling process quick, easy, transparent and fair.

Does TrueCar work for used cars?

TrueCar works for used cars. 

Is TrueCar free?

All services provided by TrueCar are free of charge. 

Do dealers have to honor TrueCar’s prices?

Generally, dealers honor TrueCar’s prices. However, the contrary might happen in some cases, depending on factors such as manufacturing and marketing. 

How can I contact TrueCar customer support?

You can contact TrueCar customer support via email, phone, or live chat for any concerns or inquiries. 



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Retirement Plan: Definition & Types of Retirement Plans

Retirement Plan: Definition & Types of Retirement Plans


What Is a retirement Plan?

A retirement plan is a tax-advantaged plan where you contribute money on a regular basis to save for retirement. In a retirement plan, the money grows tax free until you take it out. That is, interest and dividend income accumulates on a tax-deferred basis . Some types of retirement plans are Roth IRA, Traditional IRA, Simplified Employee Pension (aka SEP), 401k or 403b. Each of these plans that can help you save for retirement. 

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Retirement plans are important to have, because life expectancy today in the US is at least 75 years old. So, you will likely live many years in retirement. That also means that you will need money during those non-working years to live. You also can’t rely on government programs, such as Social Security. These programs may not exist in the future. That’s why you must have a retirement plan.

Retirement planning can be complex. That’s why it is important to work with a financial advisor using SmartAsset’s free matching tool. SmartAsset’s financial advisor can help you manage assets, plan for retirement and build wealth, so you can worry less about meeting your financial goals.

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Understanding Retirement Plans 

Plain and simple, a retirement plan is a plan that offers a way to save for retirement. In some retirement plans, the money comes out of your paycheck and get invested automatically. That is what is called an employer sponsored plan such as a 401k or a 403b. 

In that plan, your employer deducts a certain amount of money from your salary and invest it in high-return investments such as stocks. In these retirement plans, your money grows tax-free until you withdraw them at retirement.

However, you may have to pay a penalty if you take out some of the money if you need it for an emergency. Retirement plans are different than other investment accounts such as mutual funds investments because they are generally purchased with after-tax dollars. 

Take This Quiz to See if You Can Retire Comfortably

Types of Retirement Plans

There are several types of retirement plans, which include Roth IRA, Traditional IRA, 401k, 403b, Simplified Employee Pension aka SEP, a Keogh Plan, etc. These retirement plans are all tax-advantaged plans. But they differ in some respects.

For example,  an IRA (Individual Retirement Account) is a form of retirement plan that you can create and fund yourself. Whereas, a 401k plan is a tax advantaged retirement plan created by your employer, in which you can contribute a certain amount from your salary.

401k – best overall retirement plan

One of the best retirement plans out there is the 401k. A 401k plan is a retirement savings plan that is offered by your for-profit company. If you work for a non-profit company, then you may have access to what’s called a 403(b) plan. Your contribution to a 401k plan is deductible on both federal and state taxes in the year you make them.

A 401k plan allows you to contribute up to $20,500 per year (for tax year of 2022). If you’re an older employee, at least age 50, you can contribute an additional $6,500 (called a catch-up contribution limit), making it a total of $26,000 each year.

In most cases, your employer may offer a match. That is if you contribute 3% of your paycheck, your employer may match it with 3%, making your 401k contribution 6%. Under some circumstances, you may be able to withdraw money from your 401k before age 59 1/2, but only if you show financial hardship. Otherwise, you’ll get hit with a 10% penalty and federal, state and local taxes on that amount. See more on the IRA vs 401k withdrawal rules below. 

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403(b) – retirement plan for non-profit employees

A 403b retirement plan is very similar to a 401k retirement plan. The main difference is that, this plan is offered by non-profit employers such as public schools, charities, public schools, etc, while 401k plans are offered by for profit employers. In a 403b plan, you contribute your money, which grows tax free until retirement.

IRA (Roth IRA or Traditional IRA)

Anyone who is earning an employment income (or receiving alimony) can open an IRA account. An IRA is also a retirement account that grows tax free until you withdraw the money. It is an individual account and not tied to your employer. Unlike a 401k, your yearly contribution to an IRA is much less.

You may contribute $6,000 into your IRA for the year of 2022. If you are 50 years old and older, you may contribute up to $7,000. Both wife and husband can contribute up to $6,000 each year, making it a total of $12,000 even if only one spouse is working. Your can deduct all of your traditional IRA contributions every year.

However, your IRA may not be deductible if you or your spouse participates in a retirement plan at work, like a 401k. If you cannot deduct your IRA contribution, consider opening a nondeductible account called a Roth IRA.

If you’re single with an adjusted gross income (AGI) of less than $124,000 or married filing jointly with an AGI of $196,000, you can contribute up to $6,000 per year to a Roth IRA. Those who are 50 years old and older can contribute $6,000.

The Keogh Retirement Plan

A Keogh retirement plan is available for those who are self employed, either part- time or full time. Self employed individuals who file  Schedule C may take advantage of this retirement plan.

A Keogh retirement plan has several benefits as well, just as an IRA or a 401k. One of the main benefits of having this type of plan is that even if you have a 401k plan, you can still have a Keogh to save that portion of your income that comes from being self-employed.

Another great advantage of a Keogh retirement plan is that you can contribute a higher maximum amount. The standard contribution for a Keogh plan is 25% of your self-employed income, up to $46,000. This is way higher than a 401k or IRA’s maximum contribution. 

SEP IRA Retirement Plan

Anyone who is self-employed, who is an independent contractor, or who has a small business with fewer than 25 employees can set up a SEP (Simplified Employee Pension) IRA. With this type of IRA plan, you can contribute 25% of your annual salary, or $61,000 for 2022, whichever is less.

The Bottom Line

A retirement plan is an effective way to save for retirement, mainly because of its tax advantages. Whether you are employed for a profit or a non-profit organization, you have many types of retirement plans to choose from. That can be a 401(k), a 403(b), a Roth IRA, a traditional IRA, or a SEP IRA. 

Find a Qualified Financial Advisor

Preparing for retirement requires careful planning and consideration. With SmartAsset’s free quiz, you can get matched with fiduciary financial advisors that serve your area who can offer you professional advice. Simply select your retirement target date to get started . Find out more about how working with a financial advisor can help you try to achieve your financial goals and take the quiz now.



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The Power of Rewards (AKA In Which I Bribe My Kids to Behave…)

The Power of Rewards (AKA In Which I Bribe My Kids to Behave…)


I don’t know if bribing is good or bad in the Parenting 101 handbook, but I’ve been doing a lot of it lately and I gotta say – it works

Three examples:

#1. “If you don’t cry at drop off for a *month* I will buy you whatever you want!” – I blurted this out over dinner one night (one too many whiskeys), and my 4 year old’s eyes lit up like it was Xmas Eve… He’d been having trouble getting into preschool each morning (he LOVES it there but for some reason cries as soon as I’m about to leave him) and everything we’ve tried up to that point wasn’t working…

“I can get anyyyyyyything???” he says with a sly grin. “Yup, anything! Within reason!!” I start backpeddling, lol… “Okay, deal.”

And just like that it was on… Which a) surprised the crap out of me because it’s been such A THING lately and there’s no way this silly little trick was gonna work, right?, and b) I started to get nervous because all of a sudden I had promised him a big, probably expensive, prize, haha… But I knew he couldn’t ask for anything too crazy ‘cuz his imagination isn’t as developed as his older brothers’, and a few minutes later I was put to ease when he came back with, “I want a giant squishmallow.”

[A giant squishmallow – adorable, cuddly, under $40!]

Examples #2. and #3. Upon hearing this interaction and the joy emanating from little bro’s face, the two older bros wanted in on the action and promptly asked what challenge they can do too for a prize. I thought about the different areas they were currently struggling with, and came up with their respective challenges:

For older bro #1 (8 y/o): He has to go an entire month eating whatever we serve up for dinner that night – and not complain about it. We’d gotten into the bad habit of preparing him something different on nights he didn’t like what we were serving (a major fail on OUR part, of course, probably due to bad memories of our own childhoods of “if you don’t like it, starve!” LOL) and before we could get into more of the details he quickly complied, “I’m in.” And deal #2 was made.

This time, however, I was smart enough to put a cap on the prize FIRST ($50), to which he said he’d let us know later what he wanted so he can enjoy all the possibilities first… Something his old man likes to do too 😉 (So far he’s considered Pokémon cards, Robux credit, a music player he can have all to himself, and most recently a drone after a Target visit – the place where all dreams come true)

As for the oldest boy, 10 y/o Not-So-Baby Penny who’s perfect in almost every single way (I’m allowed to say that because I’m his dad!) the challenge tailored to him was to go a whole month *without asking any questions he already knows the answers to*, or those he can easily figure out if he thinks hard enough.

He’s currently at that stage of asking never ending questions, one after another after another – which is fine! We encourage curiosity in our house! – but many of them we’ve noticed don’t really need to be asked if he just took a few seconds to think about it first. And if he catches himself before we can answer his questions, it doesn’t count – that way he’s got some wiggle room since admittedly he’s got more opportunity to fail than his brothers who only have to overcome their bad habits *once* each day. We also put the cap at $50 for him too, though interestingly he hasn’t even so much as *hinted* to what he wants in the end so I’m super curious to what’s brewing in there!!

But we’re now into week #4 of them all, and if you can believe it – everyone’s on track to get their prizes!! A fall miracle!!

budget boys

Baby Dime hasn’t shed a single tear in three and a half weeks, much to the shock – and joy – of his teachers (they asked me what the trick was and thought it was hilarious when I told them I cheated and bribed him, lol…), Baby Nickel has eaten every single thing we’ve put on his plate so far, even if it takes him longer to finish than the rest of us, and Not-So-Baby Penny has since been learning how to answer his own questions in his head, saving everyone in the household major sanity 😉

I can’t tell you how proud of them I am. And of myself for coming up with the genius plan, hahaha…

Really goes to show how powerful rewards can be, though, both mentally and physically. All three of them had said over and over again how hard it is to overcome this stuff and that they “just can’t do it” before the challenges, yet here we are weeks later and they’re just breezing through it!! It was all in their head!! And of course ultimately I’m hoping it sticks WELL AFTER the deadline which was my ultimate motive for it all. Outside of just having some peace and quite for a little bit 😉

Here are some of the key parts I think that have made this so successful – in case you want to try it out in your household 😉

  1. Pick things that can go on to become better *habits*
  2. Pick things that are *doable* for each of them specifically (all 3 of my kids were saying “how easy” each others’ missions were, but that’s only of course because they’ve mastered ’em already! The point is to overcome their unique struggles, which will be different for each kid)
  3. Pick things that really annoy you/the entire family! lol…
  4. Put in the clause – “if you miss a day, the clock starts over”

I can’t tell you how often that last one comes up in conversation 😉 It serves as a perfect back up motivator on days when you think they may slip up!

We also incorporated some general leeway for each of them too, depending on the circumstance. For example, when my 8 y/o got sick he could “pause” the mission until he was feeling better, and for the oldest boy as I mentioned he was able to “take back” his question if he catches himself before we answer it. But for the most part this “clock starting over” clause has been enough to keep them all on track so far…

It’s also important to know *what* exactly motivates them too.

Some are excited over candy, others want cash, and then there’s the rare ones who just yearn for the inherent rewards of personal satisfaction 😉 Candy and money bribes did *not* work in my case (nor the personal satisfaction – they laughed in my face when I brought that up!), but turns out the “world of possibilities” under a certain amount did motivate them enough to take action. All of which not being that different for us adults.

Oh, and here’s one more silly example of the power of rewards:

book find rewardSo cash hasn’t lost its edge entirely! Lol… Different situations call for different rewards 😉

What type of challenges are you currently working on? What are the rewards you have set up for yourself?

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