Most people have things they could happily get rid of without thinking twice about. Items like these are potentially lucrative sources of cash, and selling them instead of letting them collect dust is basically free money.
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If you live in a more rural area without public transportation, you could sell your current car and buy a cheaper one. This might seem like an extreme measure, but it can be one of the easiest ways to get extra money when you need it immediately.
Make extra money in your free time.
Sell other higher-end items: Consider selling things like televisions, collectibles, jewelry, furniture, or sports equipment. You can repurchase them or items of similar value for the same price later on if you only need the money temporarily.
Yard sale: To sell the rest of your stuff — such as clothing, used kids gear, books, tools, etc. Have your sale on Saturday, when most people are off work. Thrift store: Another option, best for selling brand-name clothing, is to find a thrift or consignment store near you that will pay in cash. If you have more time and an item is rare like a collectable or in high-demand such as a cell phone consider selling it on eBay.
TIP: Avoid pawn shops. They make their money by taking advantage of people in dire situations and typically pay far less than an item is worth. Anyone with marketable skills can earn money quickly this way. What do people say that you excel at?
The psychology of making money.
Find your niche and start a freelance service. And the best part is that you can make the hours flexible, so it fits in with your lifestyle or current job. Here are some examples of the top money-making services you can offer: Freelance writing: If you have a way with words, you can make a lot of money quite quickly.
Put together a portfolio and look online at job sites for writers, such as Fiverr and Upwork.
You can get started immediately. Many freelancing sites, including Fiverr and Upwork, have job opportunities for proofreaders. Check out this article for more info on how to get started. Become a virtual assistant: First and foremost, an excellent virtual assistant is a problem solver. This is a great choice for self-starters who can work independently without asking too many questions.
Even if you already work full-time, there are many virtual assistant positions open that offer very flexible hours. To land your first job, consider reaching out to neighbors and friends who already know and trust you.
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Also, check with your local hospital to see if they offer free first aid or CPR training sessions, which can help you land a job. Further reading: How to get your first job as a freelancer on Upwork. It saves them the time and effort of having to hire multiple people. You can offer your services as a package. Here are two options worth considering: Become a local contractor.
A great place to drum up business is by starting with your friends. You might have friends looking for cheaper alternatives for home renovation services than they can find when calling the companies in your area.
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If the project is too big for you, hire some hard-working friends to help you with it. Become a digital contractor.
This approach worked for me as a writer. Although I had a lot of experience blogging, design work was my weakness. So I teamed up with a talented designer. We were able to offer full-service website design, which helped increase my hourly rate. It became a one-stop-shop for people in need of those services. Strategy 4: Leverage the Gig Economy The gig economy is growing fast and offers many creative ways to make money.
Sharing assets like this can be a good deal for both parties involved — one can earn some money for their assets including their time and the other gets a reliable service.
Drive for Postmates. Another app to consider is DoorDashwhich is similar to Postmates but focuses exclusively on food delivery. Rent out a room on Airbnb. Even if you live in a rural area, you can do well with this. People come home all the time for visits with their friends and family, and they often need a place to stay. Apps like Uber and Lyft offer millions of people a way to make money fast. Find odd jobs on TaskRabbit. Asking for additional projects: Your department might not need any help.
Be creative and open to any ideas suggested by your boss. You may feel tired and like quitting. You can get by with a hard schedule for a month or two. Find a FlexJob.
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There are more than 50 career categories on FlexJobs. Resource: Freelance food delivery jobs are one of the best and easiest ways to make extra money fast. But if you need money badly, you can get your money in a month or two, depending on what your rent is.
Note that you need to check your lease before employing this strategy, as subleasing is sometimes forbidden or subject to landlord approval. What are some easy things you can do today to start building momentum? Here are seven ideas to try: Get a bank account bonus.
Many local banks offer a sign-up bonus for opening a new savings account. To find out which local banks are offering a bonus in your area, check out Fionaa free banking search engine. You can also read my review of the service here.
Cash-back credit card rewards.
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Monetize your skills. Fiverr allows you to do small tasks in your spare time. Popular options include graphic designmanaging social media, data entry, and market research. Save big when shopping. Rakuten allows you to earn cash-back for your online purchases.
Try sending out an email or posting on Facebook about Rakuten to friends and family, with your referral link. Take online surveys. Online surveys are great for earning a few how to make money fast about from scratch per day. We ranked the best survey sites based on user reviewsand these two came out on top.
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Both allow you how to make money fast about from scratch withdraw cash via PayPal. It allows you to get paid to take surveys, watch TV, and more. Take the time to try the options below and avoid high-interest debt if at all possible. Things like high-rate credit cards and predatory payday loans can take years to pay off, and can start a downward spiral that leaves you worse off than you are today. As such, you can save money by transferring a balance from a card with a high rate say, You want less debt, not more.
Compare the best balance transfer offers currently available. Option 2: Home Equity Loans If you have home equity, you can tap into it.
In my opinion, home equity loans are best used for things that will increase the value of your home, save you money on interest, or increase your earning ability.
That includes things like making smart home improvements, pursuing a college education, and paying off high-interest debt. Compare home equity loan rates with Credible. Make sure to look at several companies online — and even at your regular bank — before making a decision.