Faq – Cashme
General Info
What is Cashme?
Where can I download the Cashme?
If you already have an account log in, otherwise create your account now!
Where can I download the Mygrants app?
If you already have an account log in, otherwise create your account now!
On which devices can I use Cashme?
If you already have an account log in, otherwise create your account now!
Are Mygrants and Cashme free of charge?
We don’t charge you any fees, on the contrary! With Cashme you can earn money every month by learning!
Who makes the money available for Cashme?
Wella, Unicef, Junior Achievement are some of our partners who over time have decided to invest in talent, co-financing the budget of Cashme.
Why did Mygrants decide to create Cashme?
And Mygrants has decided to do it concretely through Cashme!
What is the 'thinking' behind Cashme?
And we’ve decided to do it by considering new criteria, such as:
– the general quality in the training course
– your proficiency in financial education
– your potential, current or future career destination
– your ability to set and achieve goals, in a constant way
– the congruence between how money is claimed to be used and how it is actually used
– your success rate in monthly challenges
Can I invite relatives, friends, acquaintances?
Copy and paste this link on WhatsApp, Facebook and Instagram and invite all your relatives, friends and acquaintances to join you on Mygrants and benefit from Cashme!
Partecipation Criteria
Who can apply for Cashme?
1) has a confirmed account on Mygrants
2) has applied to a Cashme Challenge
3) is at least 16 years old
How can I apply to Cashme?
Remember: Cashme is a feature of Mygrants!
If you already have an account: go to Mygrants and whenever a Cashme Challenge is available a pop-up will appear for you to apply to the Cashme Challenge!
If you do not have an account on Mygrants: create your account and choose “Earn” as your Priority. Whenever a Cashme Challenge is available a pop-up will appear for you to apply to the Cashme Challenge!
Can I change my Professional Destination whenever I want?
You have to set your Economic Goal and Professional Destination within 48 hours of the start of a Cashme Challenge.
These settings cannot be changed during the Cashme Challenge.
The settings will be automatically reset at the end of each Cashme Challenge.
Game rules
What do I have to do in order to earn with Cashme?
It’s simple!
You need to be on the Top Performers list (your profile has a yellow border) at the end of a Cashme Challenge!
To be on the Top Performers list, you need to complete as many module quizzes as possible with as many correct answers as possible during the Cashme Challenge.
If at the end of the Cashme Challenge:
_ you have reached at least 1,000 points,
_ your profile on the ranking has a yellow border,
You are guaranteed to win!
Can I repeat all the module quizzes more than once?
If you apply to a Cashme Challenge, the module quizzes can be taken up to 3 times a week, while the Final Tests can be taken only once a week.
If I repeat a module quiz multiple times, do I collect more points?
But you should know that the accumulated score is not the only criterion that determines the Top Performers ranking.
How is the Cashme ranking generated?
What happens to all the collected points at the end of the month?
What happens if I don't earn any money?
Putting yourself to the test helps to constantly improve. So why not apply to the next Cashme Challenge?
Good luck!
How much can I earn with Cashme?
The sum of money you could earn during each Cashme Challenge depends on various factors, including:
– the Budget available for the Cashme Challenge in question
– the number of people applying to a Cashme Challenge
– the quality of your training activity during the Cashme Challenge
In 2021, each Top Performer earned an average of €317 per Cashme Challenge.
In any case, with Cashme you cannot earn more than € 5,000 in the calendar year (January to December).
Can I apply to Cashme every month?
The duration of a Cashme Challenge is normally a full month and each month closes and opens a new challenge.
This means that you can apply to a Cashme Challenge every month, as each month you will find a new Budget available, new competitors to face and new personal and economic goals to reach!
How many people earn each month with Cashme?
The number of people who could earn money during each Cashme Challenge depends on various factors, including:
– the Budget available for the Cashme Challenge in question
– the number of people applying to a Cashme Challenge
– the quality of your training activity during the Cashme Challenge
In 2021 there were 7 Cashme Challenges and 110 people were able to earn over €35,000.
How can I can track my ranking position on Cashme?
Log in to Mygrants and click on Menu <> Ranking <> Cashme
How it works
How does Cashme work?
It’s simple!
1) login to your account or create your account on Mygrants and customize your profile
2) apply to a Cashme Challenge, complete your profile and set your Goal
3) carry out your training activity to achieve your daily goals
If, at the end of the Cashme Challenge, you have reached at least 1,000 points and you are in the Top Performers list (your profile has a yellow border):
1) convert your collected points into Euros on your Cashme Wallet
2) transfer the balance of your Cashme Wallet to your bank account, Paypal, etc
3) use the sum received for your personal needs such as grocery shopping, paying rent or investing in crypto
What professional destinations can I earn money on?
Every month, Mygrants makes a budget available for industries in high demand, including:
– IT and telematics
– finance and insurance
– mechanics and mechatronics
– translation and secretariat
– hospitality and catering
– repair work and maintenance
– cleaning and sanitation work
– logistics and handywork
In fact, Cashme incentivizes you to better invest your time in training and at the same time, encourages you to carry out useful activities to capitalize on all your skills and knowledge as a student, entrepreneur, employee or freelancer.
How can I make sure I earn with Cashme?
By becoming a Top Performer!
Your chances of earning with Cashme depend on various factors, including:
– the Budget available for the Cashme Challenge
– the number of spots available on the Top Performers list for the Cashme Challenge in question
– the number of users that apply to a Cashme Challenge
– the quality of your training activity during the Cashme Challenge
Therefore, your chances of earning with Cashme are directly proportional to your ability to reach at least 1,000 points and be in the Top Performers list (your profile has a yellow border) at the end of the relevant Cashme Challenge.
Delivery of money
Where do I receive the money earned with Cashme?
On your bank account, postal account, PayPal, Remit Choice, Sendwave or Remitly?
The choice is yours!
All you have to do is enter your account details on your Cashme Wallet to be able to transfer the money available from your Cashme Wallet to the account (bank, postal, PayPal, Remit Choice, Sendwave or Remitly) of your choice!
Can I receive the money I earn on another person's bank account?
To properly handle the administrative reporting of payments, it is necessary that Cashme beneficiaries receive the money on their personal account and not on another person’s account.
How is the money I earn justified?
What is a prestazione occasionale?
The prestazione occasionale agreements are also defined as ‘casual work’ (prestazioni lavorative occasionali) and provide for specific rights and protections for the beneficiary.
What are the positive aspects of a prestazione occasionale?
To carry out occasional work, it is not necessary to be a freelancer.
This kind of collaboration can be used, in some cases, also by employees.
What are the negative aspects of a prestazione occasionale?
How can I use the money I earn with Cashme?
Use the money earned with Cashme for your personal needs. You can use it for example to buy groceries, pay rent or invest in crypto!
If I win, when will I receive the money?
To receive the money, we need to receive by the end of the Cashme Challenge all of your personal and banking details necessary to deliver the money and set up your prestazione occasionale.
Privacy
How is my data used?
Like many website operators, Cashme collects information that your browser sends whenever you visit our website (“Log Data”).
This Log Data may include information such as your computer’s Internet Protocol (“IP”) address, your browser type, your browser version, which pages of our Site you visit, the time and date of your visit, the time spent on those pages and other statistics.
This information is not collected in order to be matched with identified interested parties, however by its very nature it could, by being processed and matched with data held by third parties, allow Trainees to be identified.
The optional, explicit and voluntary submission of personal data through specific forms within the website, or through the email addresses listed on the website, involves taking note of your email address, as well as any other personal data included in the form or message.
We use the data you voluntarily provide to manage your requests.
You are not required to provide your personal data. However, if you choose not to, Cashme may not be able to handle your request.
The data provided will be processed by Mygrants and its employees, agents and/or people authorized for this purpose. Your personal data will not be shared with third parties and will not be transmitted for disclosure without your consent.
Help
Need help?
You can send us an email at info.cashme@mygrants.it!