You are broke, and your payday is still a week away. You have to find a way to quickly make money.
You’re in the right place, rejoice!
You don’t need a lot of money to get over the hump, whether it’s at the end or the beginning of the month, if you are short on rent, or if you have a small amount of debt, a few dollars can help you get through the tough times.
You may find some options on this list that will help you come up with $100 or more if you have to make it happen.
This list is not recommended for people who are in deep debt or need large amounts of cash quickly. Anything that promises to make four figures within a very short timeframe, other than selling items worth thousands of dollars or maxing out your credit cards, is likely a fraud.
Keep safe and follow the legit ideas that you will find here. All of the ideas have been verified as legitimate ways to make money. We’ve researched dozens of money-making options so that you don’t have too.
1. Uber allows you to drive
After you have been cleared to drive using the Uber App, you will be able to start earning immediately. Uber Instant Pay allows drivers to cash out instantly for deposits to their bank accounts up to five times per day. You will receive cash in your debit account within a few days. However, it may take some time depending on the bank.
It’s easy to see why Uber driving is a popular choice for side hustlers in the gig economy.
Uber’s website states that many drivers quit driving during the pandemic due to the lower demand from riders (people stayed home). There weren’t enough drivers to take all the requests for rides as cities reopened. This means now is the best time to register to be an Uber driver.
Start the Uber app.
2. Sell your location data
We’re all familiar with the expression “if it seems too good for it to be true, then it probably is.”
You can make passive income of up to $25 per calendar month if you aren’t afraid to share your location data to another app.
Tapestri allows you to simply install the app and give it permissions to use your location data. Then, just forget about it. That’s it. If you do not want to use the app again, it will be deleted.
Tapestri works closely with major brands such as Walmart and Target to understand customer behavior. Brands can gain a better understanding of potential customers by collecting information on thousands of people to help them target their advertising dollars.
This is a secure and extremely easy way to make a few dollars each month by sharing your location data.
3. Profit from the boom in food delivery
Food delivery apps have been growing in popularity since before the outbreak of the coronavirus pandemic. We are now seeing record numbers of orders placed each day.
You can profit from this trend by considering how you can make a living delivering everyday goods to those in need. The convenience of delivery will continue to be a necessity even in a post-pandemic environment. We can learn from Amazon that people love it when stuff arrives at their doorsteps.
Instacart, DoorDash and Uber Eats are two examples of driver-friendly apps.
Find out more about each app
4. Participate in paid surveys
Earning potential: $50+ per month
Paid surveys can sometimes get a bad reputation, but this is usually because people have unrealistic expectations. While surveys won’t make your life rich, they can be a great way to make some extra cash in your spare time.
To learn more about customers, brands and businesses hire market research companies like Branded surveys. Surveys are often used by research companies to gain these insights. Survey takers are paid for their time. Surveys typically pay between $0.50 to $3.00 but there are exceptions.
Surveys are not the best option if you need to pay bills that are due soon. Instead, surveys can help you slowly build up $25 to $50+ per month in cash and gift cards, without having to do too much work. Swagbucks, Survey Junkie and InboxDollars are other high-paying sites that offer surveys.
Find out more about each site
5. Redeem cashback and other rewards
The average American spends $1804 online every year. Invesp reports that the average online shopping revenue per customer is $1,804, UK $1,629 and Sweden $1,446, respectively. France $1,228, Germany $1,064 are all examples of this.
Earning Potential: $100+ Per Year
If you shop online, then you probably know reward apps . It’s simple. Find something you like online and buy it using CapitalOne Shopping. You save money. Although the rewards are often modest, they can add up over time.
I’m guilty of sticking with one thing that I love and not trying new things. Over the past year, I have been guilty of this with reward and cashback apps. Because it was simple and often got me rewards or discounts, I used CapitalOne Shopping . But now I make it a point of doing a quick comparison shop between tools to ensure I get the best deal.
Compare popular cashback apps
6. You can sell your textbooks
University bookstores offer pennies on the dollar for used textbooks. Look at online sites like BookScouter.com for better buyback deals.
Earning Potential: up to $300
You might still have textbooks if you are a student in college or have just graduated. You usually get only a fraction of the price you paid when you return textbooks. A $300 textbook in physics that I had purchased at my university bookstore was worth $40. It was a terrible deal.
There are many websites like , which allow you to “comparisonshop” for selling your textbooks.
BookScouter is our top choice for selling textbooks. This online platform allows you to compare prices from more than 30 vendors so that you get the best deal. This online platform would have allowed me to get at least twice the price for my physics textbook if I had known about it back then.
7. Online English language instruction
Teaching English to children in China is a lucrative business for companies like VIPKid and EF Education First.
Earning Potential: $13-$20+ Per Hour
While researching tutoring jobs, I was shocked to discover how high demand there is for teaching English as a foreign language. Most students in the United States take two to three years to learn a foreign language and then they move on.
China Youth Daily’s 2016 study found that nearly 70% of Chinese parents reported that their children or grandchildren learned English in English by five years. This is a vastly different situation from the United States. It also indicates that there is a constant need for qualified teachers.
Many private companies offer remote English language instruction to Chinese students. Two of the most well-known are VIPKid, and EF Education First.
Compare popular tutoring platforms
8. Make an investment in your health
According to a randomized, controlled study published in the Journal of the American Medical Association, people who bet were 5X more likely to hit a goal.
Earning Potential: $50-$2,000+ In 6 Months
Money is an important motivator to most people. The possibility of losing their money is a great motivator.
Sites such as HealthWage or DietBet are able to understand human psychology and incentivize users to reach weight loss goals. You can place a “bet”, which will allow you to lose weight while making extra money. You get paid if you achieve your goal, which will be determined by a verified weigh in. You lose your bet if you fail to meet your weight loss goals. To get an idea of the amount you could win, check out HealthyWage’s prize calculation.
9. Let your space be rented
Earning potential: $500+ per month
VRBO is a great way to make extra money if you have enough space in your home.
It’s simple. You can see what your space is worth, list it (or all of it) on the app and get paid.
Create a listing. Fill out the description and upload photos. Set a price. The listing gives guests a glimpse of your space. Next, you will need to set the dates when the space is available and create your house rules. Your listing will be live and guests can book their stay in your home. This is how you begin to make money.
10. Assistance with product testing
Clayton Christensen from Harvard Business School says that each year, more than 30,000 consumer products are created and 80% fail.
Earning potential: $20+ per month plus products
Brands should contact research companies before launching a major product. This will allow them to gather as much feedback from potential customers as possible. It is dangerous to put something on the market without any feedback.
Companies often employ product testers to provide valuable feedback. In exchange for either a product free of charge or monetary compensation, product testers are often willing to test the product and share their thoughts.
Sign up for market researchers to get started product testing. Fill out your demographic information. You will be notified about the next steps if a testing opportunity is available that matches your profile.
11. Your home can be rented
Earning Potential: variable based on the type of RV, season and number of bookings
You don’t have to rent your car in order to make money from a vehicle.
You can rent out an RV that you own in your garage or driveway by joining RVShare. Registering and listing your vehicle is free. You have full control over the frequency and cost of renting your RV. You can also choose to upgrade your RV with unlimited mileage and pet-friendly reservations.
This is a great opportunity to make passive income from your RV, as many people are interested in RV living but don’t want to spend the money to buy one.
12. Brands offer one-on-one interviews
Respondent.io offers high-paying interviews based on pre-screened eligibility.
Earning Potential: Usually $20+ an Hour, but sometimes much more
Companies may embrace the idea that they can use market research companies and surveys to gain insights about their customers, but sometimes they want to get deeper into the people and have a one-on-one conversation. These connections are made possible by sites like Response.io.
Each “interview” is more rigorous than your usual survey site so you may not be eligible for as many opportunities. However, the ones that you are qualified for tend to be very lucrative. Interviews can fetch up to $200 an hour (though the requirements are very specific).
UserInterviews.com is another site that you can use to do this type of deep research.
13. Reduce your subscriptions and lower your bills
img alt=”The average American spends $237 per month on subscription services.” data-pin-nopin=”true” src=”https://dollarsprout.com/wp-content/uploads/2021/03/subscription-services-cost-e1615310539141.jpg”/> Source: West Monroe Partners July 2018 industry report
Earning Potential: $1,000+ Per Year
Do not try to make a living doing side jobs. Take a moment to review your spending habits. You can cut costs where you can. You can cut back on car insurance, credit card interest and cell phone service.
Subscriptions can also be a huge cost-killer. As I was writing this article, I looked at my subscriptions.
- DAZN – $9.99 per month
- PGA Tour Live – $5.41 per month
- Amazon Prime – $12.99 a Month
- Spotify – $9.99 per month
- Anytime Fitness – $38 Per Month
- MasterClass – $15 per month
- Netflix – $15.99 per month
Total $107.37 per Month, or $1,288.44 Per Year
Although I won’t eliminate everything, there are certain splurges that I can get rid off and still be able to survive.
Start by looking at your current situation and identifying where you can cut costs or eliminate subscriptions. There are many services that can help you negotiate your bills. Billshark and Trim are the most well-known figures in the industry.
14. Bank signup bonuses available
Banks offer deposit bonuses up to $700. To attract new clients, banks often offer generous signup bonuses.
Earning Potential: Usually $100 – 300 In some cases, up to $700
Banks will do whatever it takes to gain new clients. The banking industry is competitive. Banks are smart. They know that once someone has chosen to bank with them, it is unlikely that they will lose that person. It’s amazing, just think about it. Think about it. When was the last time that you switched banks? Most likely, it’s been quite a while.
To encourage clients to move to other banks, banks often offer high interest rates and sign-up bonuses for new accounts. Signup bonuses usually require a minimum deposit to be eligible. Before you make any moves, ensure that you verify your eligibility.
Online banks often offer savings accounts at rates that are 5-6x higher than the national average, even though they don’t have physical locations. CIT Bank, and Discover Bank are two examples.
Here you can view the most up-to-date online saving accounts.
15. Be the top dog walker in your area
Sites like Rover.com allow you to set your own rates for dog walking, pet sitting, and more.
Earning potential: $200+ per month
Americans spend an incredible amount of money each year on their pets. According to the American Pet Products Association (APPA), $72.56 billion was spent in 2018 on pets. It includes toys, food, veterinary care, as well as pet sitting and dog walking.
This is where you can make extra money. It’s easy to connect with pet owners using apps such as Rover and Wage.
16. Take on a freelance writing assignment
According to The Balance, 25% of freelancers are able to find work within 24 hours if they need it.
Earning potential: $25-$500+ per article
Ever tried to read an email or message that was too long? It can be a difficult experience because of the grammar mistakes, disorganized thoughts, and run-on sentences.
This is how most people write. If you are able to write in a way that is engaging and keeps readers wanting more, this skill can be sold. In some cases, you can charge a lot.
- A foundation of writing proficiency and subject matter expertise in a specific field (i.e. cooking, budgeting, technology, politics, etc.)
- Find clients who are interested in your writing skills. TheFreebieBlogger is one of the many online publications that hire freelance writers to write content.
17. You can rent your car
Turo and Getaround are car rental apps that allow car owners to rent out their cars when they’re not in use.
Earning Potential: Up to $800 Per Month in Some Locations
Like many other income streams that have gained popularity in recent years, car rental apps have seen a surge in popularity, particularly in densely populated areas.
Do you have a spare car or do you rarely use your current vehicle? You can list your vehicle on apps like Getaround, Turo or HyreCar to get paid to rent it out. This is just one of many methods to make passive income from items you don’t use at the moment.
HyreCar and Getaround are popular car-sharing websites.
18. Promotion at work
Earning Potential: $1,000+ Per Year
You can climb the corporate ladder if you are willing to do more than your job and prove your worth to your boss. More responsibilities mean more money.
Take, for example, a look at average salaries for Starbucks retail employees.
- Barista — $11 an hour
- Supervisor for shift — $13 an hour
- Assistant manager — $43,000 annually
- Manager of a store — $50,000+ per annum
- District Manager — $92,000+ annually
It is the best way to instantly lock in additional income, regardless of where you work.
19. Ask for a raise
Earning Potential: $1,000+ Per Year
It is more difficult to get a raise than a promotion. It’s easier to see it from the perspective of your boss. Which would you prefer: a) to pay more for the same service or b) to pay more for additional responsibilities. Even if you’ve been working for a while without one, sometimes a raise might be in order.
20. Pressure washing, lawn mowing and carpet cleaning
Many homeowners require help with the basic upkeep of their home.
Earning potential: $200+ per weekend
Many homeowners dislike the idea of manual labor and spending money on tools. You can solve these problems with a lawnmower or pressure washer and make a living doing so.
You can advertise your services by posting flyers in your local neighborhood, in local Facebook groups, and even knocking on doors.
21. Become a research subject
Available medical research studies for a fee. Quick Google searches took me to Virginia Tech, my alma mater.
Earning Potential: $20-$500+ Depending on the Study
As a Virginia Tech student, I participated in a six-week study on the effects of high-fat diets on digestion and metabolism. Apart from having my 6 week meals prepared and paid for, I also received $500 for my time.
Check the websites of various departments if you are near one to find out if they have any research opportunities. Craigslist is another option. That’s where I found my research. However, you should be cautious about giving out personal information until you are certain that the opportunity is legitimate.
22. Present a webinar live on something you are familiar with
A tweet by @fourpillarfreedom, a personal finance blogger offering a live webinar about search engine optimization (SEO).
Earning potential: $50+ per webinar
Webinars are a long-standing trend, often used as a sales channel for paid products or services. With video conferencing via Zoom and Skype becoming more common, there’s no reason to stop you hosting your own live teaching session for paying students.
The example shows that a blogger who blogs about personal finance offers training in search engine optimization (SEO). He just made $400 by signing up ten people for $40 each. This model of making money doesn’t require a large social media following. All you need is the right people to enter the door.
Webinar ideas you can try:
- Fitness classes at home
- Writing workshop
- An Excel class
- Coaching in nutrition
- Class of first-time homebuyers
23. Sell your unopened gift cards
Resell unused or unwanted gift cards online. According to thehustle.co at any time 10% to 19% gift card balances are not redeemed. Around 6% gift cards are never used.
Earning potential 70-90% a gift card’s worth
Do you remember being gifted gift cards for the holidays? You might have felt the pressure to spend money at a merchant because you had a gift certificate.
As a teenager, I only owned one pair of American Eagle jeans that I liked. However, a close family member thought I was a fervent American Eagle fan. Every year, I received a gift certificate for American Eagle and never knew what I was going to do with it.
There are many websites like Raise.com that allow you to exchange gift cards for cash. A $50 American Eagle gift certificate might be sold for $40 cash. Although I am getting less than the card’s value, the gift card can still be converted into cash that can then be used for any purpose.
24. You can sell handmade art online, in restaurants and cafes.
Art available for sale at a local restaurant’s wall. Local artists often have wall art available for sale in many local restaurants and bars. Ask your manager if they are willing to display your artwork.
Earning potential: $10-100+ per piece sold
Are you a creative person who enjoys creating art as a hobby. There are many ways to make a hobby a side hustle that is profitable.
Etsy allows artists to sell handmade art online for a small percentage of the final sale price.
You can also sell your artwork locally by asking non-franchised cafes or restaurants nearby if they would be open to selling it in their dining room. Most managers and owners will be happy to allow you to sell your art if they like it. While you will likely still have to pay a commission for any sales, your art will be appreciated by others in the meantime.
25. Sell your silver or old gold jewelry
Research also suggests that most women wear less than half the jewelry they own.
Earning Potential: It varies
You can make quick money by selling your jewelry online if you don’t mind giving up any of your jewelry. These are some tips to keep in mind when you sell your jewelry.
- Find out what kind of silver or gold you have
- Locate a trustworthy buyer
- Find out the current gold and silver prices
- Ask for an appraisal of your piece
- Compare prices to get the best deal
26. Refer to your employer’s referral program
Source: Meritage Talent Solutions 2014 Employee Referral Trends Report
Earning potential: $250-$2,000+ per referral
Employers are always looking for the best talent to join their teams. You may have the opportunity to earn a commission for any successful referrals that you make depending on your workplace and employer.
Example: Let’s suppose you are a Registered Nursing (RN) at a local hospital. Referring another RN to the hospital’s team can earn you $500. Refer a friend to your hospital and offer $500 to them if they are hired.
Ask your HR department to find out if you offer a similar program in your company.
27. House sitting jobs
HouseSitter.com reports that most housesitters charge between $25 and $45 per day. This number can fluctuate depending on where you live and other factors.
Earning potential: $25-$45 per day
This is a popular way to make quick cash over holidays and during summer vacations when many families travel. You will need to have a clean criminal history and positive references in order to be a housesitter. You can find out more about our guide on making money as a housesitter. Websites such as are great for finding house sitting jobs near you.
28. Be a mystery shopper
Examples of questions mystery shoppers may need to answer.
Earning potential: $50+ per month
Retail businesses and chain restaurants have to ensure that customers experience the same in all locations. Companies will employ “mystery shoppers” who will secretly shop in a store to provide feedback. These mystery shoppers receive a payment for their time.
The mystery shopper will often take notes about things such as merchandise stock levels, promotional signs displayed, and customer service. You must first find a company that is experienced in this type work . Avoid any company that charges a training fee.
29. Be an Amazon Flex delivery partner
Amazon shipped approximately 3.5 billion packages around the world in 2019. Amazon claims that the company shipped approximately 3.5 billion packages around the world in 2019.
Earning Potential: $18-25 an Hour, according to Amazon*
Amazon is a company that never seems to be out of fashion. Did you know that Amazon has an almost constant demand for drivers to deliver packages? Amazon, like other companies such as Uber, Postmates and DoorDash is always looking for independent contractors to join its fleet.
Amazon allows you to make money on your own terms if you have a vehicle that can fit multiple packages and other requirements. Amazon says that delivery partners sign up to fulfill delivery windows, which typically take between 2 and 6 hours.
* Amazon: Your actual earnings will depend upon your location, tips received, the time it takes to complete deliveries and other factors.
Related 13 Methods to Make Money Delivering Packages and Foods.
30. Create drone videos for real estate agents
Earning potential: $100-$500 per video
Real estate is competitive. There are many listings on sites like Zillow or Trulia, so agents must stand out. Even if the property is excellent, it’s easy to overlook a poor listing.
A drone video of the property and its surroundings can quickly make it more memorable and attract more buyers. Problem is that most real estate agents don’t have the expertise to take aerial photos.
Learn how to capture amazing footage if you own a drone or are looking to purchase one. Start building a portfolio with 2-3 videos and then begin calling or emailing agents in your local area who don’t include drone footage in their listings.
31. Do traditional real estate photography
I shot both of these photos on an iPhone 11 Pro Max. Understanding composition and editing are more important than having a high-end DSLR camera.
Earning Potential: $200-$400 Per Shoot
Although fancy drone footage can make a listing standout, it is not as important as high-quality photos of every room in the property. You’ve probably seen listings where photos were clearly taken by an owner who has no experience in photography. This is a huge turnoff.
For new listings, most real estate agents work with a professional photographer. However, if you’re willing to make connections and network with agents in your local area, there are many opportunities. Agents are most concerned about the quality of your work as well as your responsiveness. Both of these factors are entirely within your control.
Related Four Ways to Get Paid To Take Pictures
32. Your basement or garage can be converted into an income stream
Sites like Neighbor.com help people find storage or parking spaces for 50% less than self-storage units.
Earning potential: $25-50+ per month
Storage units can be expensive. neighbor.com has been created to address this problem. It is basically the Airbnb for storage space and parking spaces.
If you have enough space and are willing to store the stuff of someone else, it’s worth creating a listing and seeing if anyone is interested. Neighbor.com claims that customers can save up to 50% by renting space on the site. They expect this to become more popular in the coming years, once word spreads about them.
33. Check your credit card reward balance
Don’t forget about any cashback you may have accumulated since the last time you redeemed it on your credit card.
Earning potential variable
This is the modern equivalent to looking under your couch cushions for spare change, but with a potential much larger payout.
I am a chronic “points horster.” I love the feeling of having my rewards accumulated and being able to stash them. One day, I will use my points to book a vacation. But, if I’m in a hurry and need money immediately, I can always convert the points into cash.
34. Upwork allows you to create your profile as a freelancer
Upwork allows freelancers to create their own profiles, set their own rates, and apply for projects.
Earning potential: $10-$500+ per project
It is almost certain that Upwork will need your skill if it can be done remotely for clients.
Upwork connects freelancers with clients in many different areas. This site is particularly useful for freelancers who don’t have a network of professional connections but need to build a business quickly.
These are some of the most popular categories at Upwork:
- Graphic design
- Customer service
- Administrative support
- Mobile and web development
35. “Donate” plasma
Earn $20-$50 each time you donate plasma.
Earning potential: $20-$50 per donation
It’s technically not a donation because you are being compensated. There is still money to be made from plasma for those who are willing to take a few stitches.
Special bonuses may be offered to new donors who donate more than once in a given time frame. Octapharma Plasma offers a $400 bonus to new donors who sign up. Plasma donations are limited to two per week and can be made two days apart by the FDA. This means you could theoretically make a few hundred dollars per month by giving plasma.
36. Consulting services available
Earning Potential: $25-$300+ Per Hour
Consulting is big business. Anyone who is an expert in a particular field can become a consultant. Consultants are used by both startups and established businesses to provide guidance, streamline processes, and suggest products and services.
Imagine that you want to open a coffee shop in your community, but have no prior experience in the coffee business. You will have a better chance of succeeding if you hire a coffee expert consultant.
You can create a profile with Clarity.FM if you’re an expert in your field and connect with entrepreneurs looking for guidance.
37. Test out apps and video games for a pay check
Testing for app and video games can cost $5-20+ per test. However, testing opportunities may be irregular.
Earning Potential: Up to $5-$20+ Per Test
Beta testing is used by app developers and game designers to find bugs and kinks before they release their work to the public. Beta testing can be a fun way for you to make some extra money if you are good at spotting errors and like playing with new apps.
You will often be asked to review the app or game you have tried. Your rating as a reviewer will increase the more detailed and deep-rooted your reviews are. High-rated reviewers are more likely to be offered the highest-paying testing opportunities.
Betafamily.com or Playtestcloud.com can be used to sign up for beta testing.
38. Instawork offers an additional shift for hospitality workers
Examples for gigs on Instawork. Instawork makes it easy for hospitality workers to search for shifts in similar locations within their local area.
Earning Potential: It varies
There is nothing worse for hourly workers than not being able to take on additional shifts, only to discover that they aren’t available. Employers can also find it frustrating to have no one available for a shift.
Instawork, a platform that connects hourly workers with businesses in need of extra help, aims to address that problem. This means that if you’re a Starbucks barista, you could pick up random shifts at any local coffee shop that suits your schedule.
After creating your profile, you can claim shifts that are suited to your skill set (e.g., a bartender taking up a shift as a bartender). Instawork regulars have the opportunity to work at multiple locations, which allows them to not only get extra work but also expand their professional networks. You have more opportunities to grow your career with more connections.
39. You can earn money by becoming a Lime Juicer/Bir Charger (charge scooters).
You can earn up to $20 per scooter that you take home and charge with you for the night.
Earning Potential: $10-30+ Per Hour
You have the opportunity to make quick cash if you live in an area that has been dominated by electric scooters.
Lime will pay you to collect scooters in your area, charge them and then return them to a LimeBase. This is a central location for scooters, such as the one shown above. It takes about 4-6 hours to charge a scooter. Most juicers collect the scooters at night, charge them, then bring them back to LimeBase the next morning. Bird, another popular scooter manufacturer, operates in a similar manner. This is a great way for anyone to make some extra money.
You will need a charging pack to become a Lime Juicer. Lime sells a set of four for $20. This is a great investment that will pay off after just one day of juicing.
40. Recycling can be redeemed
It can be difficult to remember to separate your bottles and cans from the rest of your recyclables. However, it is a great way to quickly get cash when you are in need. You can take them to a recycling center near you, and exchange them for cash. Depending on your location, you’ll get five to ten cents for each can or bottle. However, if you have many, it could add up.
You can also trade in scrap metal to make cash. You can make money by recycling aluminum cans or copper. Once you have collected the metal, you will need to determine whether it is ferrous or not.
While non-ferrous metals can bring you more money, ferrous metals are more common. A quick search for “scrapyards near me” will bring up a list of scrap metal recycling centers.
41. Pawnshops are a great option.
Although it might not be the best idea to take your treasured items to a Pawn Shop, it is a quick and effective way to get out of a financial jam. You might be able to negotiate a better price than the initial offer if you are skilled at negotiation.
You can return your item, even at a higher price and with interest, but you don’t have to give it up forever.
You don’t have to be nervous about selling your jewelry if you aren’t comfortable using a Pawnshop. It can be taken to a local jewel store, a pop up cash-for-gold shop, or We Buy Gold.
You’ll get paid for each ounce of gold that you sell. The gold price fluctuates. Although you may not receive the exact amount that the item is worth, it’s an easy way to get cash quickly.
42. Have a yard sale
A yard sale is an easy way to make quick money. You simply need to gather the items that you wish to sell, price them fairly and choose a date for your sale.
You might not need to advertise if your area is well-trafficked. However, if you live in an isolated or remote neighborhood, post on Facebook or hang flyers in the town.
A yard sale can be put together in a matter of days. If you have the time, consider Decluttr.
Decluttr can buy and sell any old technology, books or games. The app is free to download and scans the barcode of your item. You will receive an instant price. You can print a shipping label and mail it to them if you accept their offer. The day your items arrive, you will receive payment.
If you need money immediately, avoid these sources of immediate cash
Sometimes, the easiest or simplest solution can be the most dangerous. You should carefully weigh the risks and benefits of crowdfunding before opening a new credit account or opening one.
Payday lenders seem to be the best way to get cash fast. It’s simple to use, the locations are easily found and easy to access, and you will walk out with cash in your hand.
It is easy to become indebted to your loan company. To avoid being trapped in the payday loan cycle, pay off the original loan as soon as possible if you really have no other options.
Borrowing against your retirement
Although you can borrow against your retirement plan for a tax-free loan it is generally not a good idea. This has a high opportunity cost.
You lose compounding interest, your contributions, and any company match if you take money out of your retirement account. You should fully understand your repayment options and the consequences if you borrow against your 401k.
A second mortgage can be taken out
Although it’s not the best way to get money right now, it is worth considering.
Borrowing against your house will affect the value of your home. Due to fees and appraisals, second mortgages can be costly. If you fail to pay your loan on time, your home could be foreclosed.
While interest rates are typically lower than credit cards, you should carefully consider whether this is the best way to get quick cash. If you choose to go this route, be careful.
New credit card accounts
A new credit card allows you instant access to funds, similar to payday loans. You can do it online and will instantly know your credit limit.
This can be a sensible option if you have a plan to repay it, but it can also prove dangerous if you accumulate a large balance. It is not a good idea to find yourself in a worse financial position than you were before.
You should carefully read the fine print especially if you get a new card with a 0% intro APR. You may be charged additional interest if you fail to repay the balance by the end of the offer. Check to see if the cash-back bonus applies to your statement credit or bank deposit.
Borrowing from friends and family
It can be difficult to ask your family and friends for money. It can be difficult to admit that you are in financial trouble. Even more difficult is asking for money. You might find generous family members or friends who are willing to lend you a short-term, interest-free loan.
Both parties must agree to the terms of repayment and any other conditions if that happens. It is important to ensure that you are fulfilling all your obligations and not spending excessively. You must ensure that borrowing money from them will not negatively affect your relationship. Do not ask if you are unsure.
GoFundMe and other crowdfunding platforms might seem like a great way to get money when you need it. It also prevents embarrassment of asking your friends and family for help. It comes with many of these same risks.
It is possible to be criticized, criticized, and even insulted about your financial situation or you as a person. Crowdfunding may be an option if you have a supportive community and understand the potential backlash.
There is a place and time for quick money-making strategies, but it’s important to see the bigger picture. Although quick wins can be great, they are often small and fleeting. These won’t make a significant difference in your long-term life.
This is not to say that you should start a side hustle, but it is important to create sustainable value for others.
If you help enough people, you can get everything you want. Zig Ziglar
You must do meaningful work for others if you want to make a difference in your income.
No matter your current circumstances, earning more money will allow you to have more freedom.
Freedom to eat and live wherever you like, to travel when and where ever you want, and much more. It is as easy as making a decision to make extra money: Do you want more freedom?
If you answered yes, then it is time to move on. It may take you a few more ideas to find the right one. Once your income starts rising, you’ll be able to take control of your life and discover more opportunities than you ever imagined.