Tuesday, December 1, 2009

Retirement Plan B

Some of you may remember a while back (probably about 1.5 years ago) I had just started using Lending Club and I was super excited about it! I was going to retire to Costa Rica and live off of the money I made through LC. Well, then people started defaulting on me. Now, I stick to lower risk loans and my new portfolio is actually doing much better.

However, I realized that I will still need a little something more to supplement my LC income. I mean, even if I can get my general costs of living down to about $2 per day (rice, beans, mangos, and wifi bills), I'll still need some extra cash from time to time. Like for example when I drop into an 8 foot wave and then eat sh** and snap my board in half.

Allow me to introduce Retirement Plan - Part B..... drum roll......

Mechanical Turk

For those who haven't heard of this, it's a program created by Amazon where people get paid a few cents per task, for large sets of simple, repetitive "human intelligence" tasks, such as choosing the best category for a product.

I actually first heard about this program while in grad school but I somehow thought it was only for people in 3rd world countries. Recently I found out that retirees, housewives, the unemployed, etc. all use it too. I haven't tried it yet, and it looks like you would only be able to make a few dollar a day (depending how long you can stare at a screen I guess). But when I become a retired-unemployed-housewive-surfer-chic, this could be just the thing to help me make some extra money on those flat days. Are you guys excited for me or what?

2 comments:

Andy said...

Ugh. Last I tried mechanical Turk I worked for about 2 hours and made 15 cents. Most of the tasks are mind numbingly boring after 10 minutes. Making beaded necklaces out of hemp and selling them to college students would be way more profitable. Now, if you could automate a Mturk task and let a script do all the work, that could be profitable. But I think the idea behind Mturk is to assign jobs that 1) only humans can do and 2) humans don't want to do.

Amy said...

What??? You only made 15 cents?? Way to shatter my dream.