I used money earned during my plasma donation stint to put extra money towards our debt snowball and pay for groceries (so I could put more money towards the debt). That’s quite a bit of grocery or debt snowball money. 2. haven’t eaten or drank enough for the day. 🙂. After years of working in the banking and real estate industries and dabbling in multi-level marketing, one thing became very clear. I’ve walked the baby steps. This website uses cookies to improve your experience. Since starting Vital Dollar, I've been featured at sites like Forbes and Business Insider. These cookies do not store any personal information. Is Blogging Still Profitable in 2021 or Is it Dead? Although I’m grateful for the extra money, I feel they don’t pay … Opinions, reviews, analyses & recommendations are the author’s alone and have not been reviewed, endorsed or approved by any of these entities. “Donating blood plasma is a great way to earn extra cash for paying off debt, saving for an emergency fund, saving for vacation, starting your business, or just getting by if you’re living paycheck to paycheck.” After you’ve read the entire binder, the staff will give you access to a video that explains the entire process. I would love to do this but need more info on where I could go to donate. Although, yeah, we’ve got some free meals for lunch. I don’t usually get dizzy when giving blood so it seems like I could do it! “Before your first appointment, don’t take any medications, eat a healthy, balanced breakfast or lunch packed with protein, and drink plenty of water. Plasma donations, cleaning houses, babysitting, and selling stuff you don’t need – show you that earning money is sometimes about thinking outside of the box. 🙂, Your email address will not be published. Just answer a few simple questions and you'll immediately be presented with some suggested side hustles that may be a perfect fit for you. Just about anyone can do it, and that’s one of the biggest reasons why it can be a great opportunity. How Much Do You Get Paid to Donate Plasma? What a great way to give back! It doesn’t look like needle tracks, but I notice them.”. FDA regulations state that you can donate once in a two-day period and not more than twice in a seven day period. You must report the plasma donation as income, even if no 1099-Misc is received. Selling plasma can be a great side hustle to pay off debt, build your emergency fund, and help others at the same time. Find out the payout and determine where the money will be spent. Another use is for Immunoglobulin or IVIG, which is used to treat improperly functioning immune systems. I also need the extra money and wouldn’t mind doing this on a regular basis if possible and can. “In our experience, there were months where my husband and I both donated and earned up to $800 per month for a total of about 16 hours ($25 per hour for each of us). The money was pretty good and it was an easy way to make quick cash.”. In general, when a business pays someone $600 or more, the business is … You got to travel to the place for the plasma to be harvested. You won’t be able to strength train after you’ve donated for 24 hours, so plan your workouts accordingly. If you’re trying to find the right side hustle for you, please take our Side Hustle Quiz or see 150+ Side Hustle Ideas to Make Money in Your Spare Time. At my local center (Octapharma Plasma Springfield IL), you follow the arrow and seat yourself. We also use third-party cookies that help us analyze and understand how you use this website. However, don’t fret just yet. She said, “A couple of years ago, I found an article about donating blood plasma for money. I always wanted to donate blood…but somehow couldn’t do it because of health reasons. How Much Do You Get Paid to Donate Plasma? If you need or want money quickly, this is a great option. Designed by Elegant Themes | Powered by WordPress. Otherwise, it’ll have to be destroyed. After watching the video, you’ll be directed to a cubicle where a technician will do a short health screening just to check your red blood cell count (the dreaded finger prick), protein, blood pressure, pulse, temperature, and weight. Donating plasma is a lot like donating blood. Selling my plasma, sometimes three times per week (earning me $10 to $15 per donation). Vital Dollar and CardRatings may receive a commission from card issuers. Perfection Hangover can be crippling. Plasma can also be used to treat burns, rabies, and tetanus. Then tell me why the Wealthy from countries with socialized health care come here for care. Because the process of collecting plasma can be long and even a bit exhausting, most donation centers will pay people to donate plasma (unlike when you donate blood). How much can you get paid to donate plasma? On average, you can get paid anywhere from $20 to $50 per donation… Some centers can pay up to $45 per rolling week. Some locations that accept plasma donations pay with gift cards, cards where money can be added, check, direct deposit and so on! “1) The plasmapheresis needle is much larger than the whole blood donation needle. Each … I don’t live in a major city and there is a CSL donation center in my town. I think it’s a great way to give back, and I also love that we are able to supplement our income as well 🙂 I know healthcare in general in the US is a disaster compared to other countries. “Donating blood plasma is a great way to earn extra cash for paying off debt, saving for an emergency fund, saving for vacation, starting your business, or just getting by if you’re living paycheck to paycheck.”. Molly Bryant, a 25-year-old from Iowa, graduated in May this year with $150,000 in debt and a law degree. Once everything is clear, the nurse will start the process. Donate 2x/week and earn $60-$75 TOTAL* in April bonus payments. Melissa made $20-$40 per donation, and she said the donations usually took about an hour of her time. Your email address will not be published. I also want to address the fact that I’m not saying our health care providers lack in quality. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Exhaustion – If you become a frequent, regular plasma donor, you might notice that you’re more tired than usual on days you donate. This results in an extra $120-240 a month in cash! Less than six months later she was going under anesthesia to harvest … They also reward you for multiple donations in a calendar month, so I was able to earn bonuses. Interesting to see how your experience was with the location you visited. So if you donate twice per week, you will earn $250 after just 2.5 weeks! Octapharma Plasma even offers rewards and bonuses nearly every month to earn extra cash and gift cards. It constitutes about 55% of the blood’s volume and consists mostly of water that contains dissolved salts (electrolytes) and proteins. Octapharma Plasma: What to Expect Your First Visit. When you’re looking for ways to make some extra money, sometimes the simple solutions are best. Your first donation will involve a medical screening and they’ll ask some questions about your medical history. Depending on the city you live in, some places pay … Obviously, if you want to maximize your income with this method, donating twice per week is the way to go. Perfection Hangover is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites. 76 Ways to Make Extra Money on the Side This Year, 19 Passive Income Strategies to Make Money While You Sleep, 17 Things Frugal People Usually Don’t Do, earning a consistent $1000-2000 per month, find a local Octapharma Plasma Center near you, 76 Legit Ways to Make Money on the Side in 2020, Top Reasons the Debt Snowball is the Best Payoff Method for Quick Wins, Debt Snowball vs Debt Avalanche {Including Free Snowball Excel Spreadsheet}, How I Earned More Than $28,000 Last Year Blogging from Home, 87 Legit Side Hustles to Make Money on the Side in 2021, How to Trade In a Car With Negative equity, How to Quit Your Job So You Can Work From Home or Become a Stay at Home Mom | Perfection Hangover, 5 Things You Can Do if You Desperately Need Money Now | Perfection Hangover, Income Report Update - How I Earned $23,000 in Six Months Blogging, https://perfectionhangover.com/legit-ways-to-make-money-on-the-side-this-year/, Navy Federal Credit Union Homebuyers’ Choice No Money Down Loan Explained. You have to constantly pump, or squeeze, your hand while the machine is extracting blood. Sometimes that have different promos or bonuses for things like first-time donors or repeat donors. As a bonus, your life-saving blood plasma is used to create medicines and vaccines that save lives! The prices that you are paid will be determined by the company or lab that you use. This really helped us attack our debt snowball. Staff employees are trained to know the signs, and you won’t be able to hide it. Here is what she said: “If you’re wondering if this is for you, the only way to find out is to visit a local plasma donation center and ask questions. There is nothing to learn and no experience that you need to have in order to be able to actually make money. Plasma can be donated without reimbursement at a center like the Red Cross, but pharmaceutical companies will pay for your donation, which helps them create plasma … Staff will ask for your name and donor number (usually the last 4 digits of your social security number). The workers are usually quick to encourage you to sit down for a few minutes. After researching a bit about it, I decided to visit my local blood plasma donation center. Blood plasma is different than regular blood donations, and if you had an experience like that, I probably wouldn’t recommend it! Blood plasma is the liquid component of blood, in which the red blood cells, white blood cells, and platelets are suspended. If you weigh 150+ pounds, you’ll earn more ($20 the first donation of the week, and $45 the second donation if you weigh under 175 pounds). Bring a flask. I started VitalDollar.com to share from my experience and to help others who want to improve their own financial situation. And What’s the Difference Between Plasma and Blood? Short Answer: You can switch plasma donation centers; however, you can’t go back and forth regularly between multiple locations or donate to more than one company at a time. What is the Physical Impact of Donating Plasma? After your New Donor bonus has been earned, you’ll be paid on a scale per donation based on weight. Her response was, “It depends on what you’re using the money for. BioLife Plasma Services, Octapharma Plasma, Biotest Plasma Center, BPL Plasma LLC, CSL Plasma, and KEDPlasma, Inc. tend to offer the highest rates for plasma donation. If you’ve had body art or piercings in the past 12 months, you’ll be deferred (unable to donate) for a full year from the date of your last procedure. What’s so Great About Getting Paid to Donate Plasma? Chances are, there is a lab for one of the major centers located reasonably close to your home or office. What Happens During the Blood Plasma Donation Exam? If you still don’t like the thought of donating plasma for money, you can always donate plasma for free. That can happen if you 1. get anxiety over needles and blood. Even if you absolutely hated the first experience, you really need to show up and donate at least one more time the first week so that they can actually use the plasma you donated the first visit. You need to make sure that the technicians are changing gloves each and every time that they handle you. You’ll need to bring identification including your driver’s license, your social security card (a copy won’t work), and proof of address so the center can reach you by mail for up to eight weeks post-donation. I also asked Melissa for some final tips for anyone who may be interested in this side hustle. First, you’re probably wondering how often you can donate plasma for extra money. I asked Melissa if she thought donating plasma is a good side hustle. Donating blood plasma for money can be a very easy way to earn quick extra cash to pay for the things you need. Vital Dollar has partnered with CardRatings for our coverage of credit card products. This post may contain affiliate links. Very cool! Before donating, a nurse will check your blood pressure, your temperature and prick your finger to make sure everything looks normal. Learn how your comment data is processed. Necessary cookies are absolutely essential for the website to function properly. Since we are considered “cash pay” patients, our hospital gives us a 70% discount (that we would not have been able to negotiate if we had insurance), and CHM will share all costs of the bills. But opting out of some of these cookies may have an effect on your browsing experience. Blood plasma is a bit different than regular blood donation so make sure you read up on the differences so you know what to expect 🙂. If you’re currently living paycheck to paycheck or just hustling your way to debt freedom, these other articles can help! It's free and there is no email optin required - just take the quiz and see the results. It has been months since I’ve donated plasma, and I still have visible scarring at the venipuncture site. It would also help others and I love to do that. Marc Andre | Mar 25, 2019 | side Hustles this … you got to travel to the parts the... After each and every time that they handle you the longer you do it voluntarily endorsed by bank... Of these cookies will be longer than the others do to additional screening and they ’ ll to! Consent prior to running these cookies will be stored in your browser only with your doctor can decide if blood. To complete the process dizzy when giving blood so it seems like could! Best life consider when determining how much you get paid to donate the Wealthy from countries socialized. 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