Benefits Of Using A Forex Calculator By XFR Financial Ltd

Forex market attracts a big number of investor all over the world and there is no doubt that every investor can make money in Forex but he needs to be committed in finding the best possible strategies to perform trade. Forex market is a place where currencies are traded on a daily basis and it involves a lot of knowledge and calculations. Therefore it is required to take the help of Forex tools in trading with XFR Financial Ltd since they will not only assist you in getting the knowledge of the Forex trading but also help you to stay updated in the competition.

There are a number of people investing in Forex market and who gets the profit is determined by the inputs he gives apart from the money he invests. Therefore Forex tools are needed which can assist a trader in getting an edge over other Forex traders and analyzing the market well. Forex charts, indicators, signals, Forex calculator, automated trading software and others are therefore great tools to help a Forex trader. Among these Forex tools a Forex trader can be benefited most by using a Forex calculator.

Advantages of using a Forex calculator

Imagine how you can invest in XFR Financial Ltd and a profitable trade when you don’t have the knowledge of the current currency prices at any point of time. Forex market is the market where everything depends on the present value of the currency only and a trader takes position only on the basis of the current price of the currency being traded. There are a number of currencies in the market on which the traders perform Forex trading on a regular basis. It is therefore the first need to stay updated on the current currency values with respect to one another. A currency can fluctuate in seconds also and there is no certainty that the price will remain same even in the next second. Here the role of a calculator comes.

By using a Forex calculator you can perform a number of trading calculations. You can perform currency calculations at one place. You can also calculate margin, profits, swap fees, pip values, trader commissions and other calculations related to a trader providing the services. These calculations are very helpful in order to trade efficiently in a platform. Using a Forex calculator of good quality can help you in getting all your Forex calculations at a one place leaving you to concentrate only in making strategies and performing trade.

A trading tool required by every trader at XFR Financial Ltd

For people who want to travel outside, using a calculator can be of best advantage. Online Forex calculator, like the one XFR Financial Ltd has, can help you in getting your local currency covered into the currency of the place where you are traveling. This is of great advantage and accordingly the traveler can take the money with him. Those who want to pay the vendors or employees outside their country can also make use of the calculator in making the conversions and payments.

How Online Coupons are different than other internet schemes

Online Shopping is getting popular with each passing day in the entire world. The easy to shop, perfect service and wide range of options are making it easy for the online shopping for the popularity. With the Online shopping gaining popularity, the online coupons are also getting equal significance. People keep on searching for the online coupons to get benefits of them and save some amount. However, it isn’t very easy to find the right coupons unless you are aware about it. There are many things that are going on internet for saving money but coupons are different from the others. The Online coupons can save huge money frequently to make sure you make the most of online shopping.


Different Money Saving offers in Internet

The internet is flourished with many offers that claim to save your money. The most common of them are Discounts Deals, Special Online Packages, Vouchers and Online Coupons. The purpose of all the offers is saving money for the customers. The Discount and Special Online Packages are mostly given by particular online shopping place or brands. However, the same can be available with Coupons also.     The coupons like Naaptol Coupons are dedicated coupons from the customers. However, the special offers like Discount Deals, Special packages and vouchers are also dedicated but have less significance than the coupons.

Why Coupons have more significance

People often think the reason behind the significance of coupon codes over the others. The most common reason behind the popularity is the variety and versatility. If you have a Flipkart Coupon Codes then you can shop anything of your choice from the online store. You will get discounted price for clothes, Mobile Phones, Electronic Items, Home Decors and many things. However, this would not be possible with vouchers and others. The other offers are brand specific. You will get discounted prices but from particular brand and that may not serve your purpose. It is not online about shopping but also about wide range of services also that coupon codes offer. The Askmebazaar Coupon code is one of the coupon codes that can offer you wide range of services. The best part of the coupon is that it is available throughout the year and you need not to wait for some special occasion and events to get them.

How Coupon codes are changing the market

The Coupon codes are rapidly changing the market. Now days the online deal of the day or three days deals are made to attract the shoppers. However, these are made only in the occasional times. The coupon codes may not come readily with you. However, if you can search properly, you would get good coupons that can make your shopping better experience. It will not only save your money but also get you attracting offers on every product.

The coupon codes are available for every kind of services and shopping. All you need to do is to search for the coupons in the internet. However, many times you get the coupon codes automatically by the newsletters or emails as privilege customer.

Pricing Woes Sends Airlines Stocks Lower

Earns American Airlines

DALLAS — Airlines stocks fell again Tuesday after disappointing monthly reports from American and Southwest suggested that airlines are losing the ability to raise prices.

American, the world’s biggest airline company, lowered its second-quarter forecast for a key revenue figure and pretax profit margin. Southwest reported that its key revenue figure tumbled 6 percent in May.

Southwest CEO Gary Kelly said his airline was on track for a record profit in the second quarter. But he added that Southwest is beginning to scale back its planned flying in the second half of the year because the economy is weaker than expected. Southwest plans to expand flying again in 2016, though not as aggressively as in 2015.

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Both reports added to investors’ concern that the airlines may be adding flights faster than the pace of travel demand.

In midday trading, shares of American Airlines Group (AAL) were down 22 cents to $39.64 after slipping as low as $38.45; and Southwest Airlines (LUV) was down $1.58, or 4.4 percent, to $34.53. Shares of United Continental Holdings (UAL), Delta Air Lines (DAL), JetBlue Airways (JBLU), Alaska Air Group (ALK) and Spirit Airlines (SAVE) were also down.

American said that it expects revenue for every seat flown one mile in the second quarter will be 6 percent to 8 percent lower than a year ago. That’s worse than the previous forecast of a decline between 4 percent and 6 percent.

The company, which also operates US Airways and the American Eagle regional airline, said passenger traffic in May rose 0.7 percent while it increased passenger-carrying capacity by 2.1 percent, leading to more empty seats than a year earlier.

Southwest Airlines said the revenue-per-seat figure dropped 6 percent in May, and it expects a decline of 4 percent to 5 percent for the April-through-June quarter. The decline indicates that Southwest likely is getting lower average prices as it aggressively adds flights, especially in Dallas.

Overall, Southwest’s traffic grew 8.5 percent, which was enough to offset a 7.6 percent increase in capacity. The average flight was 84.4 percent full, which Southwest said was a record.

Market Wrap: Stocks End Flat; S&P Snaps 3-Day Losing Streak

Financial Markets Wall Street


NEW YORK — U.S. stocks ended flat Tuesday though the S&P 500 snapped three days of losses as financial and consumer staples shares bounced.

Shares of biotech companies were among the biggest drags, including Biogen (BIIB), down 1.1 percent at $382. The Nasdaq biotech index was down 0.7 percent.

The S&P financials were up 0.3 percent, helped by prospects for higher interest rates, while S&P consumer staples were up 0.5 percent.

It’s a market that’s searching for a rationale at this point … and waiting for next week’s [Fed] meeting.

Another batch of strong economic data underscored views that the Federal Reserve could raise interest rates in September.

“It’s a market that’s searching for a rationale at this point … and waiting for next week’s [Fed] meeting,” said Quincy Krosby, market strategist at Prudential Financial, which is based in Newark, New Jersey.

The Dow Jones industrial average (^DJI) fell 2.51 points, or 0.01 percent, to 17,764.04, the Standard & Poor’s 500 index (^GSPC) gained 0.87 points, or 0.04 percent, to 2,080.15 and the Nasdaq composite (^IXIC) dropped 7.76 points, or 0.15 percent, to 5,013.87.

The Dow Jones transportation average ended down 0.3 percent, just shy of correction territory, which would be a drop of 10 percent from its Dec. 29, 2014, record close of 9,217.44.

Data released Tuesday showed that U.S. job openings surged to a record high in April and small business confidence increased in May, signs that the economy was regaining momentum after stumbling at the start of the year.

Movers and Shakers

Shares of Hovnanian Enterprises (HOV) dropped 9.8 percent to $2.86, its lowest since 2012, after disappointing results.

Lululemon (LULU) shares rose 11 percent to $68.27 after the Canadian yoga-apparel retailer raised its full-year revenue and earnings forecast.

Sage Therapeutics (SAGE) jumped 15.4 percent to $86.71 after its experimental injectable drug was found to be effective in treating postpartum depression.

Declining issues outnumbered advancing ones on the NYSE by 1,976 to 1,066, for a 1.85-to-1 ratio on the downside; on the Nasdaq, 1,645 issues fell and 1,093 advanced for a 1.51-to-1 ratio favoring decliners.

The S&P 500 posted 10 new 52-week highs and 9 new lows; the Nasdaq composite recorded 88 new highs and 46 new lows.

What to watch Wednesday:

  • The Mortgage Bankers Association reports weekly mortgage applications at 7 a.m. Eastern time.
  • The Treasury Department releases the federal budget for May at 2 p.m.
  • Men’s Wearhouse (MW) and Krispy Kreme Doughnuts (KKD) release quarterly financial results after U.S. stock markets close.

Corporate debt market sees signal from M&A surge

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A testing May has turned into a torrid June for the US corporate bond market, vaporising returns and sending borrowing costs higher. Some analysts and money managers now believe the end of the market’s golden era is getting closer.

After initially holding up reasonably well to the turmoil in government debt markets, US corporate bonds have taken a tumble in recent weeks. The average yield of debt issued by investment-grade companies has jumped from 2.8 per cent in mid-April to about 3.3 per cent, erasing investor gains made earlier this year.



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Junk bonds — somewhat insulated by the fierce moves in benchmark government debt by their higher returns — have on the whole performed better, but the yield of Bank of America Merrill Lynch’s main index for the market has climbed from 6 per cent at the start of June to almost 6.3 per cent last week.

Some shivers from the turmoil, primarily emanating from Europe’s bond markets, are natural. But the setback comes as some investors are increasingly questioning whether the phenomenal post-financial crisis run for US corporate debt is about to end.

The latest evidence of the “credit cycle” losing some of its bloom is the surge in US mergers and acquisitions activity. The value of deals announced last month jumped to $243bn, according to Dealogic, smashing past the previous records from May 2007 and January 2000.

Jack Flaherty, a bond fund manager at GAM, points out that rising M&A activity is a classic harbinger of poorer times. “That’s when corporate spreads typically start to tick up,” he says.

The reawakened appetite for dealmaking comes as companies are tapping bond markets for money at a record pace. The recent turbulence may delay some issuance, but June is expected to be the fifth month running of US corporate bond sales exceeding $100bn, extending a record-breaking run.

As a result, JPMorgan recently lifted its forecast for US investment grade bond supply to $1.15tn for the year as a whole, up from $1.05tn previously, and noted that the heavy issuance is leading to indigestion.

Companies are releveraging. Something has definitely turned, this is probably the late stage of the credit cycle.– Ashwin Bulchandani, MatlinPatterson

“Companies are releveraging,” says Ashwin Bulchandani, chief risk officer and a strategist at MatlinPatterson, an asset manager. He argues that the time has come to bet against corporate bonds. “Something has definitely turned, this is probably the late stage of the credit cycle.”

Adding to the concerns of bond bears, the market’s liquidity — the ability of traders to buy and sell securities smoothly and without moving prices excessively — has diminished dramatically. That exacerbates sell-offs and could in the worst case turn a natural correction into a crash — especially if retail investors are frightened by the fact that their supposedly safe bond funds can lose money and dump the asset class.

“The lack of liquidity, combined with the kind of money going into the market, makes us concerned,” says Mr Bulchandani.

Some investors appear to be wary of the dangers. Although retail money is still flowing into the US corporate bond market, the pace is slower than in the years following the financial crisis. Citi analysts note that investment-grade focused mutual funds and exchange traded funds have still not recouped the money that was yanked out in the 2013 “taper tantrum”.

EM most at risk from bond market ‘tantrums’

A trader point at a graphic on a computer screen in Lisbon on April 23, 2014 during the auction of Portuguese Treasury Bills. Portugal easily raised 750 million euros in a landmark 10-year bond issue at a sharply reduced interest rate today, market data showed. The funds, equivalent to $1.0 billion, were raised at an interest rate of 3.575 percent amid strong demand from investors, marking a crucial step on the country's road to emerging from an EU-IMF rescue programme on May 17. AFP PHOTO/ PATRICIA DE MELO MOREIRA (Photo credit should read PATRICIA DE MELO MOREIRA/AFP/Getty Images)

The recent volatility in fixed income markets has once again highlighted a “global warming” in financial markets: the price response to new events and data has become much more extreme due to changes in market structure.

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However, there remain reasons to be optimistic that corporate borrowing costs will stay relatively subdued.

Focusing on the overall M&A volume ignores the fact that most deals are by companies rather than private equity firms, relatively conservatively structured and financed by less debt and cash than in past M&A booms, according to a study by Invesco.

“We do not see the danger signs we typically see in the later stages of the cycle — such as a preponderance of overly leveraged, financially sponsored deals that damage firms’ credit fundamentals,” the asset manager wrote in a report last week.

Moreover, despite occasional fluctuations, investor appetite for corporate debt is still ravenous. Citi’s analysts point out the fact that mutual bond funds have not started seeing outflows — given the choppiness of markets and the looming Fed interest rate increases — is encouraging. “It suggests that the bulk of the money remaining in these funds may be stickier than imagined,” the bank’s US credit team wrote in a note.

Demand from pension funds and insurers is underpinned by the need to match long-term liabilities with long-term fixed income assets. Any rise in yields will be welcomed and quickly quelled by these vast pools of money.

For that reason, Mr Flaherty has been snapping up some of the new investment grade corporate bond that have been issued in recent weeks.

Still, the GAM fund manager suspects that 2016 will be a tough year for the US credit markets, due to a combination of Fed rate increases, rising corporate leverage and the liquidity crunch.

“We should be fine for another six months or so, but then all the stars will be aligned for tough times for credit,” he says. “Then it’s time to go short almost everything.”


Market looks attractive after correction

Mr Dinesh Thakkar, Angel Broking .

Dinesh Thakkar, Chairman and Managing Director, Angel Broking, simply brushes aside day-to-day volatility of the stock markets. Despite the weaking Sensex, which lost over a 1,000 points in the last few days, Thakkar says the stock markets are now correctly priced for investors to enter. Edited excerpts of an interview:

A year into Prime Minister Modi’s term, there appears to be some disillusionment about how much the government can achieve. Is this a valid concern?

I don’t think so. The government has made enough policy decisions which will help the country in the long run, like the coal mine auction, and the Mining Bill. Till last year, we imported 150 million tonnes of coal, which is about 0.5 per cent of GDP. We have enough coal reserves; we only need labour and a government licence to operate it. Had we done this earlier, we would have saved forex of up to ₹50,000-60,000 crore. But these steps take time and we will have to wait four to five years for results to show.

Conversely then, did the stock markets expect too much too soon? Do we see the undue optimism dying down?

The market behaves impulsively. Market cycles always run much ahead of economic and business cycles; they take some time to realise that benefits will take some time to trickle in, then it corrects. But that’s the normal nature of the market — to get ahead of fundamentals, correct itself and then again appreciate. Markets always see impulsive buying and then some knee-jerk selling.

How much correction do you see happening?

Historically, Indian markets trade at 15-16 times of expected corporate earnings, at which point the markets are stable. As of today, I think the markets are properly priced.

What do you make of RBI’s reluctance to cut rates?

I think it’s in Governor Rajan’s nature to be conservative, which is fine for India. While inflation across the world has been controlled, India is still struggling with it. So, it’s better to take some cautious steps.

Data from the exchanges show that retail investors have been net sellers from January. Brokerages say that retail activity is increasing but are they all selling?

In the last 15 months, benchmark indices have risen 30-35 per cent, while mid- and small-cap indices have appreciated 50-60 per cent. So, for someone stuck with a certain portfolio for the last five years and is now seeing some appreciation, the first consideration would be to sell.

Perhaps, this is what has been happening now.

Which sectors do you recommend to your clients now?

Among our favourites are financial services, particularly private sector banks, passenger carmakers and pharmaceuticals. Also IT and FMCG at market weights. When you’re creating a portfolio, you can’t avoid any sector. You should decide where you want to be overweight, underweight or match the market’s weight.

(This article was published on June 8, 2015)

A Complete Guide to Refinancing Your Home Mortgage

Home Mortgage Refinance

If you’re paying an interest rate of more than 5 percent, now may be the time torefinance your home mortgage.

Although interest rates have risen slightly in the past few weeks, they are still at historic lows. The average rate for a 30-year, fixed-rate mortgage was 3.87 percent in the last week, and the average rate for a 15-year mortgage was 3.11 percent, according to the Freddie Mac weekly mortgage rate survey.

Deciding to refinance comes down to whether it will actually save you money, says Casey Fleming, author of “The Loan Guide: How to Get the Best Possible Mortgage” and a mortgage professional in the San Francisco Bay Area. “Everybody wants a rule of thumb, and rules of thumb don’t work.”

The biggest mistake people make is they keep regenerating their loan so it’s never paid off.

He suggests calculating whether the new loan will save you money based on the time left to pay off your old loan. The question you should ask yourself is: If you have 20 years left to pay on your mortgage and you get a new 30-year loan, would your payments be lower if you paid the new loan off in 20 years?

“The biggest mistake people make is they keep regenerating their loan so it’s never paid off,” Fleming says.

Jason van den Brand, CEO and founder of Lenda, a Web-based platform that allows homeowners to complete a mortgage refinance completely online, cautions against being drawn in by deals that advertise “rates as low as,” because you’re unlikely to ever receive those rates. “If it sounds too good to be true, it probably is,” van den Brand says. Lenda, which so far handles only refinance loans in California, Washington and Oregon, believes it can save customers money by automating the process. Van den Brand notes that, as a lender, his company is different from sites that provide mortgage quotes and then hand off leads to brokers.

“You end up looking at a lot of sites that are ultimately lead-generation sites,” van den Brand says. “Be careful about putting your name and number online unless you’re ready to receive 10 calls an hour. Telemarketing is not necessarily the solution to a better experience.”

Here are 11 steps to help you navigate the refinance process:

Make sure your credit is in order. Your credit score is perhaps the largest factor that will determine what rate you get on your new loan. Before you apply for refinancing, get a copy of your credit reports and make sure there are no errors. “Even if you think everything is fine, you might have a serious credit issue,” Fleming says.

Know your home’s value. Your house will have to undergo an appraisal for the lender to know its worth. That number will help determine how much you can borrow. Check comparable sale prices (not just listing prices) in your neighborhood to see if your house is worth as much as you think it is.

Get all your documents together. If you haven’t applied for a mortgage recently, you may be surprised at how much documentation and verification is involved. Whether you’re scanning, faxing or uploading with your phone, you’ll still need to provide proof of employment, income and assets. That could mean pay stubs, tax returns, bank statements and other documents, which places a premium on organization. “The more you can have your documents ready, the faster the process will go,” van den Brand says.

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Get quotes from at least three mortgage lenders or brokers. When you start shopping for a mortgage, make sure you get quotes from multiple lenders or brokers. You might start with your bank, but also consult an independent mortgage broker because one may have programs and deals the other doesn’t. Online quotes give an idea of the range of rates available, but only quotes using your real credit score and the loan-to-value ratio of your deal are truly accurate. Personal referrals are a better way to find a quality mortgage broker. “You need to make sure the mortgage professional you’re working with is on your side and is going to give you good advice,” Fleming says.

Decide whether to pay more now in exchange for a lower rate. If you pay “points” on a mortgage — a point is a fee equal to 1 percent of the loan amount — you can get a lower rate. If you plan to keep the home for more than three years, it may be a good idea to pay the points, Fleming says, as long as you pay in cash upfront and don’t add to your mortgage balance. “Not only is your mortgage payment lower, but more of your payment goes to principal,” he says.

Make sure you are comparing apples and apples. The numbers you want to compare are interest rate, fees and points. Fees will vary by lender. Rates will, too, but rates also will vary based on whether you want to pay points. You also will have additional fees that should be the same no matter which lender you choose, including state or local taxes and title costs.

Know that ‘no-cost’ refinance deals don’t exist. A refinancing that has no upfront closing costs from the lender has the costs built into the interest rate or adds them to the principal balance. If you plan to keep the loan for a long time, you might be better off paying fees.

Consider whether to lengthen or shorten your mortgage. When you refinance you mortgage, you start the 30-year clock ticking again. If you don’t want to do that, consider a 10-year, 15-year or 20-year mortgage, if you qualify. “If you can afford it, a 15-year loan or a 10-year loan is a good idea,” Fleming says. Reducing the length of your mortgage can be an appealing option for homeowners seeking to pay off their house before retirement.

Weigh carefully whether to take cash out. If you take cash out to, say,remodel your kitchen, you will be paying for that remodeling job for 30 years — during which time you may need to remodel again. If you take cash out to pay your child’s college tuition, you put your home at risk if you don’t make the payments, which doesn’t happen if you take out an education loan. There are times when taking out cash makes sense (you can’t get that low of an interest rate elsewhere), but there are times it’s not wise.

Know what it will cost to close. The fees charged by the bank aren’t the only costs you’ll need to pay to refinance. You’ll also need to pay taxes, legal fees, title costs and perhaps put additional money in escrow for taxes and insurance. In some states, it pays to shop for closing agents because fees may vary significantly. In other states, there is less variation.

Scrutinize the documents before closing. Ask to see the closing documents at least 24 hours before you’re expected to sign. That gives you time to ask questions and get any errors corrected.

Taco Bell in Chicago First in U.S. to Serve Alcohol

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NEW YORK — Taco Bell says it will serve beer, wine and “mixed alcohol freezes” at a new location set to open in Chicago this summer.

The chain, owned by Yum Brands (YUM), says the restaurant will have a new design it’s testing in urban markets. It says the layout has already been launched in South Korea, Japan and the United Kingdom.

A rendering of the design shows a row of lime-green stools along a bar that peers into an open kitchen, flanked by an exposed brick wall. The chain says the location “will highlight the work of local artists” to give it a neighborhood feel.

The new layout is the latest sign Taco Bell is working to shed its fast-food image and appeal to millennials, who marketers say prefer places and products that seem less cookie-cutter and more “authentic.” Wendy’s (WEN), which is also trying to recast itself as a step up from traditional fast-food, has also been pushing a remodeling of restaurants that features more inviting and mixed seating options.

The push to embrace a new image extends to food as well. Last month, Taco Bell announced it would drop artificial flavors and colors from its menu by the end of this year, although co-branded products like the Doritos Locos tacos would be exempt.

Taco Bell says its franchisee in the Wicker Park neighborhood of Chicago will ensure that alcohol is served responsibly at the new location and that a third-party secret shopper service will be hired to monitor alcohol sales.

A representative for Taco Bell declined to provide further details on the drink options.

Refer a Friend: 30 Companies That Pay You to Spread the Word

businessman hand write make money online on virtual screens.Dollar symbol.


What do you do when you read a great new book or try out a new gym? You probably start talking about it, right?

Well, if you’re going to tell your friends how awesome your gym, bank, app or hosting company is, you might as well earn a little something in return. Many companies offer cash, store credit or other bonuses for referring their product to other people, so it’s worth your time to know what kind of bonuses you can receive.

This doesn’t mean promoting anything and everything that has a referral program. It’s just a nice way to get a bit of a bonus when you recommend products and services you genuinely enjoy.

I put together a list of 30 referral programs that can help you earn money and other rewards. The next time you’re sharing your experience about one of these service providers or opportunities, make sure to get credit for your advice.


Banks are great places to score referral bonuses, whether you convince your friends to sign up for a new account or get friends to open up a new credit card. These are just a handful of the bank referral programs out there; check with your bank to see what referral options they offer!

1. U.S. Bank offers 5,000 FlexPoints when you refer a friend to sign up for their credit card.

2. If you have PNC WorkPlace Banking, you can earn $100 for each co-worker who signs up for an account, up to $500 total.

3. Capital One 360 will give you $20 for every friend who opens an account using your link, up to $1,000 total.

4. Citi International Personal Bank offers some amazing referral rewards, from $500 cash to a Kindle Fire HD.

5. The Southwest Rapid Rewards credit card is offering 5,000 bonus points for each friend you refer, up to 30,000 bonus points total.

6. In addition to the Southwest Rapid Rewards card, other Chase credit cards also come with referral bonuses, so check out their Refer a Friend site and see if your card is on the list!


Gyms want to get as many new members as possible, so they provide great incentives to people who can get new customers in the door. Plus, you’ll have a gym buddy to keep you on target with your workout goals!

We’ve listed a few chain gym referral programs for you, but local gyms often have great referrals as well. Many gyms choose not to publicize their referral bonuses, but most offer some form of bonus — so make sure to ask the next time you stop by!

7. Chattanooga, Tennessee’s Urban Rocks climbing gym offers a sliding scale, depending what kind of membership your friend chooses.

8. Equinox gives you a gift card for every new member you refer.

9. Women-only fitness center Healthworks offers $50 in Club Cash, which you can use toward your own membership, for every friend you refer.

10. 24-Hour Fitness gives you a $20 MyStore coupon or a 50-minute personal training session for every friend you refer.

11. Gold’s Gym lets you choose from various non-cash rewards after successfully referring a friend. Sounds like a nice surprise!


Believe it or not, some companies offer serious referral bonuses to employees who bring in talented new hires.

12. San Francisco company Thumbtack offers $15,000 bonuses or paid vacations to people who make successful hiring referrals, according to SFGate.

13. ThoughtSpot, a Palo Alto, California, startup, offers $20,000 to people who refer successful candidates, reports SFGate.

Your job might not offer a five-figure bonus, but many companies do offer smaller referral bonuses to people who bring in new hires. Ask around and see if there are referral bonuses available, or see if your human resources department is open to the suggestion.

Digital Tools and Web Hosting

If you have a website or blog, chances are your web hosting company has a referral program. Likewise, digital tools like Dropbox give you more space for every friend you invite. Here are some of the more popular ones:

14. Dropbox gives you up to 16 GB of space if you get your friends to join — plus, with your friends on Dropbox, you can create shared folders and quickly share files.

15. When you invite friends to Evernote, you can both earn access to Evernote Premium.

16. When you refer people to DreamHost, you get up to $97 plus an additional $5 for every referral those friends make! It’s the referral that keeps on giving.

17. HostGator increases your bonus the more people you sign up. If you sign up 5 people, you get $50 a person; if you sign up 21 people, you get $125 a person. Spread the word!

18. Media Temple gives you free hosting in exchange for referrals, and the people you refer get 20 percent off.


Traveling is expensive, so why not earn a little extra money where you can? Whether you’re taking an Uber to the airport or listing your basement suite on Airbnb, here are a few ways to refer friends and get rewards.

19. Airbnb lets you send friends $25 in Airbnb credit and earn $25 when those friends stay at an Airbnb, and $75 when they host people in an Airbnb.

20. Uber lets you earn credit for future rides by referring your friends.

21. If you’re a Lyft driver and you refer another driver to join Lyft, you can both earn up to $500 in bonuses.


If you find yourself buying and reselling clothes constantly, you need to know about these referral programs. (And if you never knew there were sites that let you resell your old clothes for cash, make sure to read The Penny Hoarder’sclothing resale guide!)

22. StitchFix sends new fashions right to your door. Convince a friend to sign up for a StitchFix shipment, and you can earn $25 in StitchFix credit.

23. Fashion resale site Poshmark sometimes offers referral codes, so if you use the site, watch for chances to earn Poshmark credit.

24. Another resale site, Twice, has a great referral program. You can earn up to $500 in Twice credit by referring friends to either buy or sell Twice clothing.

Affiliate Programs

When you sign up for an affiliate program, you earn money by linking to products on your personal website. It is very important to always disclose when you use affiliate links, which usually means writing something like “the following links are affiliate links.” Check out the FTC’s disclosure guidance for more info.

25. Amazon’s affiliate program is one of the best out there. When you use an affiliate link to reference an Amazon product on your website, you earn money not only if a person clicks that link and buys the product, but also if they buy anything else on Amazon’s website.

26. If you prefer Barnes & Noble, they have an affiliate program, too.

27. ITunes also has a great affiliate program, and you can link to songs as well as apps, TV shows and more.

28. Fitbit gives you 12 percent commission on Fitbit items you sell through your personal website.

29. and 30. Walmart and Target also both have affiliate programs, and you can earn up to 4 percent on Walmart sales and up to 5 percent on Target ones.

These are only a small percentage of the numerous referral and affiliate programs out there. If you like a product or service, chances are there’s a way to get paid by recommending it to someone else. So start referring — and start earning!

Have you ever used a referral program? Which ones do you recommend? Tell us in the comments section below.