There could be any number of reasons why you want to earn extra income and do it fast as every now and again, things happen, life happens, and you’re not prepared. All of a sudden, you find yourself in need of some quick cash. It could be because your car’s broken down, your boilers stopped working, or dog needs an operation, sometimes things happen which you need to pay for there and then and if you’re already strapped for cash, and the situation means you can’t really wait until payday, you’ll probably feel hopeless and useless, but don’t. There are some things you can do that might be able to help you get yourself out of a fix or give you a steady little top up each month for whatever it is you need. Don’t get dismayed, you do have options, and there are ways you can get your hands on some cash quick, and here’s how:
Look Around The House
It might sound stupid; surely you’d know if you had some money lying around in the house, however, once you get looking you might be surprised to find how much money you do have lying around your home. It’s worth a look to start with and if you don’t find any then looking around will help you with the next tip.
Sell Your Stuff
While you’re looking around your home for cash, you can also have a look to see what you might be able to sell. People will buy anything online, remember, one person’s trash is another’s treasure so even if you think it’s worthless junk, try putting online and seeing if anyone else wants it. If you have any old phones lying around of old tech then you’ll definitely be able to make some money off this, there are even dedicated websites to selling your old phones so have a look to see how much you could get. Alternatively, you could have a garage sale which will not only help you to make some money, but it will also help you to declutter your house. Sell everything you don’t need old games, toys, books, DVDs and clothes. You could advertise to your neighbours that you’ll be having the sale or if you’re part of a community Facebook group then let people know on there. If you have old books lying around, especially if they’re in good condition then you could make some decent money from them.
Get A Cash Advance
Are you able to get a cash advance from your credit card? You will probably have to pay for this, but if you really need the cash, then it might be worth the cost. Could you talk to your employer about having some cash upfront before payday? Or if you’re waiting on an invoice payment from a client then you can look into invoice finance which means that you can release the cash tied up in outstanding customer invoices, so you don’t have to wait weeks or months for payment. There are sites where you can compare invoice finance to see which is the best option for you, but this works for all types of businesses, big and small and offers a fast, flexible and convenient way to manage cash flow and get paid quickly for completed work.
Do you like dogs? This is a big business now with big money in it, join a network of dog owners and walkers such as Rover and see who’s looking for help in your area. You could also use social media or knock on neighbours doors to advertise your services. If you want to make it a more permanent thing, then make sure you do an excellent job, so you build a track record of positive reviews which will help you to make extra money in the future when you need it most.
Open a Cash-bonus Checking Account
Check with your bank to see if they’re giving away cash bonuses for opening up accounts. Banks often run promotions and can mean you get a quick $50 or $100 when you need it.
Like with most things today, you can find work on an app, and this includes babysitting. Parents are always in need of babysitting and nanny services, and it’s a great way to make money quickly. Websites such as Care.com connects parents with babysitters, and the company does all the background checking and other due diligence to put parents’ minds at ease too.
Borrow From Yourself
Can you remortgage? Release cash equity or sell structured settlements? This way you’re only taking money that is your anyway but just releasing cash so you can use it.
Get a Small Microloan
You can get a small business loan on Fundera, or Prosper if you’re looking for a very small personal loan. While it will depend on your credit, financial and employment situations, but it is possible to secure up to a few thousand dollars from loans like this. Several platforms offer these small microloans, and of course, you have to pay them back, but it can help you out if you need cash quick.
You do need the talent to do this and earn any money, but if you are a good photographer then, you can sell photos on Shutterstock or iStockPhoto to generate a bit of extra income from something you might be very passionate about and very good at.
Do Odd Jobs
Do you know anyone who could do with an extra pair of hands? Have you seen any signs up locally for anyone looking for a gardener? A removal van? A handyman? Think about the kinds of things you are good at and whether you could charge for them. People pay for all sorts of services, and there are now also loads of websites where you can find people advertising the jobs they want people to do for them, have a look on TaskRabbit or Fiverr.
Ask A Friend Or Family Member For A Loan
You might feel awkward about this, but in times of emergency, then you might need to put those feelings aside and suck it up and just ask. You never know what they might say and so give it a try if you need to. It’s probably best to ask someone who you know has some savings, if they have a stash which they can dip into without it affecting their everyday spends then you can always pay them back before they need these savings for themselves.
Get A Payday Loan
Payday loan companies don’t have the best reputation, so really look into them and their offers before you do anything as the interest rates can be very high. But, if you need money today, then this is an option. Check a loan interest calculator to make sure you can make the payments otherwise you could find yourself in a lot of trouble.
Get A Side Hustle
Get another job on the side, which yes probably won’t get cash in hand and paid straight away, but if you think of your primary role as the money you need, then this extra job could just give you the money you want, the money you can play with and have in your pocket. Or it could be the money that goes into your savings. Whatever it is, it’s extra, something that you didn’t have before. If you have a good and reliable car then you could earn some decent money as an Uber driver, they make plenty of money and work their own hours. Alternatively, you could be a deliveroo driver, or there are a number of companies now doing the same model for wither taxi services or food delivery. Or you could simply get yourself some weekend or evening work in a bar – this would also be a great way to meet people, so it’s not like life would be all work work work. Or there are things like setting up a blog, this takes time to build up followers, but in the end, it is an excellent way to make money working from home. There are other things you can do from home just sitting at your laptop; people pay for people to do online surveys or data entry tasks. Check out Clickworker to see what kinds of things are available. While the money for each job won’t be great, the surveys are easy to do and don’t take too long so overall it will build up to give you a nice bit of extra cash.