Today we will be reviewing a website known as The Penny Hoarder. Is the website legit? Find out in this The Penny Hoarder review.
The Penny Hoarder is a website that teaches individuals how to be in better control of their personal finances and save money at the same time.
The majority of people have struggled, and continue to fight, to keep their personal finances under control. You’ll have good months and bad months.
In life, both of this will occur. It is okay if you have thick skin, but a lot of people don’t.
Before you decide to sign up for this website, you should read this The Penny Hoarder review first.
DISCLAIMER: This is a fully independent review. I’m not affiliated with Kyle Taylor in any shape or form whatsoever.
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The Penny Hoarder Review: Quick Details
- Name: The Penny Hoarder
- Owner: Kyle Taylor
- Website: https://www.thepennyhoarder.com/
- Socials: Facebook, Twitter
- Type: Online publication
- Niche: Side hustles
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What is The Penny Hoarder?
The Penny Hoarder is an American professional financial website that hoards multimedia material about various methods in which one may earn and save money. It was founded in the last decade of 2010 by Kyle Taylor, a previously broke blogger who is the CEO of The Penny Hoarder.
According to Forbes, when Kyle first got the idea to establish a blog that would later become known as the Penny Hoarder, he had no money and was more than $50,000 in debt from his student loans.
By telling us what he had to do to make ends meet, he was able to work through and verbalize the feelings of embarrassment that he was experiencing.
The Penny Hoarder is an online publication that provides readers with researched and realistic articles on the topics of making and conserving money. They provide news coverage, unique reporting with an emphasis on personal finance, and personal tales about people’s adventures to earn more money.
Who is Kyle Taylor?
Kyle Taylor is an entrepreneur as well as a philanthropist. He is the Chief Executive Officer of The Penny Hoarder and one of the co-founders of the company.
Under his direction, Inc. 500/5000 has recognized The Penny Hoarder as one of the most successful and rapidly expanding private media firms in the United States for the past three consecutive years.
The editorial and video content on the website, which is purely geared at alleviating people’s financial concern, has been of assistance to millions of individuals already.
Since its inception in 2010, The Penny Hoarder has maintained its independence in terms of funding while still maintaining a lucrative business.
Kyle and his team are working to redefine the paradigm for digital media by placing an emphasis on journalism and creative storytelling while at the same time generating money that places an emphasis on the target audience.
Before he started The Penny Hoarder, Kyle spent the previous six years working as a campaign worker. During that time, he was responsible for making slogans, supervising field strategies, and raising millions of dollars for charitable organizations.
Kyle resides is in St. Petersburg, Florida, and he is very involved in the life of the city that he calls his hometown.
During his public speaking engagements, he often talks about mission-based employment, alternative career options, and entrepreneurship as subjects to explore.
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The Penny Hoarder Overview
People who are interested in earning more income on the side can benefit from The Penny Hoarder’s research and knowledge, and the site also features chances for readers to earn additional income for themselves.
Every day, the website adds new content consisting of more than twenty articles. The Penny Hoarder is broken up into many sections such as “Make Money,” “Deals,” “Food,” “WFH,” “Smart Money,” “Life,” and “Academy.”
Along with the textual information, there was also original video footage, photo essays, and infographics that were available.
The Penny Hoarder covers a lot of the groundwork when it comes to personal finance, and a lot of that groundwork comes from their articles on finding other sources of income.
You can discover a whole part on their website that is devoted to earning more money, and you can find a link to that section in the tab that is located across the top of the page in the main menu.
This page contains a number of articles that offer guidance on the application process for a variety of open positions. Writing assignments for product reviews may be found in the articles that describe Yelp’s job options.
The firm also publishes articles written by individuals who have been successful in obtaining unusual employment opportunities. The writers discuss their experiences and provide guidance on how one can get a position comparable to their own.
The Penny Hoarder performs a fantastic job of ensuring that everything is current at all times. They publish new articles to these sites on a schedule that is quite close to everyday.
In addition to that, it would appear that they invest a significant amount of time and effort into investigating the numerous choices available in the market.
In all seriousness, this website features listings for a wide variety of unusual and interesting possibilities. It’s pretty decent, but it also demonstrates how much effort they must be putting in, which is astounding in its own right.
Side Gigs section
This portion of the website is quite similar to the one devoted to jobs, with the exception that some of the articles in this section focus on ‘temporary opportunities.’
On this page, you’ll find information on writing competitions, websites that conduct surveys, and other chances of a similar nature.
This is the portion of the site that you should look at if you’re interested in picking up some extra work on the side. This is despite the fact that they also maintain a record of more permanent engagements here.
Everything is constantly up to date, and the quality of the information is consistently decent throughout.
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Work from Home Gigs section
Opportunities to work from home are the sole topic covered in this area of the website.
They provide a wide variety of content, ranging from step-by-step guides to in-depth job descriptions that are immediately available for application.
Even better, you get to work from the comfort of your own home.
They seem to be doing a good job when it comes to identifying uncommon employment opportunities.
Career Opportunities section
From what I can see, this portion portion of their website places a far more emphasis on subjects such as developing a robust profile on LinkedIn, successfully negotiating a wage, successfully performing in job interviews, and other such topics.
It is far simpler to locate a collection of “tricks and suggestions” than it is to find genuine job openings. However, there is no question that it is a destination that is well worth checking out.
The Penny Hoarder Pros and Cons
- It has detailed information about the listed posts. It’s no secret that The Penny Hoarder is chock full of useful information, but the publication’s organization is truly remarkable. The postings that begin with a number indicate that they are a list, and it won’t be difficult for you to browse through them and pick out what you require.
- The website is backed by major corporations on the Fortune 500 list. Companies such as Entrepreneur and Forbes have shown their support for The Penny Hoarder, which demonstrates social proof.
- You can increase your knowledge about finance and business. The market for online businesses is expanding, which means that now is the ideal moment to enter the market and start making a lot of money so that you may ultimately quit your day job and have more time for yourself.
- It provides opportunities for a career. If you’re searching for a job that you can perform from home, The Penny Hoarder makes it quick and simple for you to maybe get matched with a job that’s a good fit for you. This means that you’ll have the opportunity to make decent money while doing something that you find enjoyable at the same time.
- Finding work is not always a walk in the park. It could be tempting to apply for a job with The Penny Hoarder’s advice, but the reality is that the publication is selective about who they hire. After all, we are discussing The Penny Hoarder in this particular setting. Enhance your capabilities, and you’ll find that chances will come easily to you.
- The information provided by them that is quite generic. At the end of the day, you need to continue to see The Penny Hoarder as an instructional site rather than a review site where you may acquire additional knowledge based on first-hand experience.
Final Verdict – The Penny Hoarder Review
You will not make money off of The Penny Hoarder, unfortunately. The sole purpose of the website is to offer advice, information, and suggestions on how to create a budget, save money, and make additional money.
Unless, of course, you are always searching the internet for other work opportunities that may bring in some extra cash.
You have the option of working with them as a freelance writer; but, the application procedure is quite competitive. Even while some users have reported generating a few bucks here and there via the website, it should not be considered a platform for making money.
There is no assurance that gaining knowledge about them on the website will result in you landing the job of your dreams.
The Penny Hoarder is not a website with the purpose of earning money, but it is loaded with useful information about managing personal finances.
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