💸 Make money by paying your rent

GM. This is Work "After" Work, the newsletter that packs your wallet so fat you'll think Christmas came early.

What we got for ya today:

• 🏘 Turn your rent into rewards

• 😂 Meme of the day

Time to get goin: Right away!Est. start-up cost: $0Potential return in 6 months: $210

GET REWARDED FOR YOUR BIGGEST MONTHLY EXPENSE

Every month a big chunk of your paycheck most likely goes towards rent. And you're not alone, renters have risen to 35% of the US population.

With the average monthly rent being $2k, what if there was a way you could get rewarded for such a substantial expense in your life?

After all, you constantly make these rent payments on time and don't get much in return. It doesn't even help your credit score... until now.

There's an app called Piñata that rewards on-time rent payments to your landlord.

How it worksEvery month on rent day, you go into the Piñata app and verify your rent payment to your landlord.

When you do this you get Piñata Cash which can be redeemed for over 300,000 deals from brands like these:

Now, on top of this, Piñata helps you on another front. Every time you make an on-time and in-full rent payment, they send it to the credit bureaus (Equifax, Experian, and TransUnion) to help your credit score.

So you're getting rewarded for something you'd already be doing every month and helping your credit score, which helps you get cheaper financing on homes and cars - that's what I call a win-win.

App Reviews

Based on the 4.6 star review, people are loving this app even though it's not making them thousands. Something is better than nothing, especially right now.

Piñata saw a 600% increase of users in the month of January after they launched.

Piñata Cares

Now, if you didn't think this app could get any cooler, hold on to your seat.

The CEO, Lily Liu has a big heart and created a program that gives to renting families in need so for every rent payment you make they donate a free meal to someone on your behalf. Pretty awesome! 😊

You might be thinking "This is awesome but how the heck is Piñata making money?"

I'm glad you asked, they make money in two ways:

• Brands pay them for marketing and ad placement on their site - if you're buying Starbucks with discounts, chances are you'll spend more money with them and become a lifelong customer

• Landlords and property managers pay to be on the platform because renters get paid more from Piñata ($20 more every month) if their landlord is on the app - more incentives for renters to pay their rents means a bigger bottom line for landlords

DIVING IN: HOW TO GET STARTED

1. Install Piñata on the App Store or Google Play

2. Sign up with your email to create a free account

3. Piñata will reward you with a $30 gift card right off the bat and another $30 for your first rent payment

4. Every rent day just upload a verification that you paid your rent and you will get rewarded with $20 in Piñata Cash.. plus another $20 if your landlord is on the app

GOOD TO KNOWS 👀

• If you can’t make a rent payment for the month Piñata does not penalize you - they don't report your late payments to credit bureaus

• On every rent day you get 5 days to collect the $20 in Piñata Cash or you lose it - so don't wait or you could miss out on $240 a year

• On average your credit score increases by 60 points using the app 😎

MEME OF THE DAY

That's all I got for ya today folks!

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.