You need money now, what can you do about it?
You need money now, what can you do about it?
Sometimes we get into a situation where we need money right now. Maybe you’re already broke, or possibly your car broke down and you need to make some quick cash. Or maybe you just can’t wait for payday? If you are looking for some legit ways to make some money fast, we will be going through a few ideas that could help, depending on your lifestyle and how much time you have.
The first obvious choice – cash advance
The first choice we can usually make when we are in a troubled situation is to take out a cash advance. Your credit card company may offer you the option of a cash advance, which essentially allows you to withdraw cash from an ATM against your credit card limit.
While you will pay more for this advance than with other methods, you will still be able to obtain the money you need ASAP should you find yourself in a pickle. The advance fees and higher than usual interest charges start the second you use the money: its common to find yourself paying $1000 to access $800. However, this is still a good way to turn your available credit into cash when you need it most.
Read more about the best credit cards.
Sell items of value
Selling items of value that you have lying around is one quick and easy way to make some extra cash ASAP. However, you should think about this before you do it. Maybe you have something meaningful or valuable, for example an old vintage record or a necklace, perhaps you have a collection you have been working on or something that is rare to acquire…selling it seems like the obvious choice. While it will give you quick cash, the problem is you may be forced to take less than it is worth, or it may be better in the long run to hold onto it.
It is unlikely that you will get a high price for something of value when there’s pressure to sell it around your local area and if you need cash instantly.
If selling some of your old vintage or valuable items is not what you want, you could go through your old clothes and search around your house for items that have some value. Perhaps you have some items or appliances that you never use such as an espresso machine that you’ve only used once or an old DVD collection that you could sell for some quick money.
When you need cash as fast as possible think to yourself, if you’re not using it, you probably don’t need it anymore. You could sell these items quickly and for a reasonable price. Post some ads on Craigslist, or the Facebook Marketplace and try sell them online. Take good pictures of the items; have a well written description to gain attention from potential buyers; and consider that you might have to deliver the items.
Facebook Marketplace is also one of the best apps to sell your stuff online.
Getting Paid to Grocery Shop
This might sound uninteresting to some; however, it is still a decent way to make some fast cash ASAP. Everyone you know buys food, right? You can make money buying peoples groceries using rebate apps such as Ibotta.
With apps like Ibotta they offer cash rebates on your food purchases by taking a picture of your receipt with your phone. You would be doing your usual grocery shopping as normal and you can get cash rebates when you purchase basic food items such as dog food, meat bread or eggs.
This is not an income source, but it does offer you cash back on normal purchases which can help you get some money fast if you need it.
Partaking in Research studies
Have you ever considered trying to make some extra money by doing research? Vindale Research is one of the oldest survey sites out there today. Essentially you can earn anywhere from $1 to $5 for every survey you complete, which isn’t too bad considering the amount of time you invest. The more advanced and detailed the survey is, the more money you will get paid.
You also have the option of completing product evaluations which can earn you more cash since they are more time consuming. You will be given a product or a service, after which you will be required to write an honest review about it. Doing so can earn you anywhere from $5 to $75.
Completing Fiverr Tasks
Perhaps you have some decent technical skills, or you are a qualified designer? Consider signing up on Fiverr and advertising your services there. Not only may you be called for ongoing work, you might also pick up a once-off job that ends up with you being paid quickly.
Consider that the jobs you will be doing are dependant on your current skillsets and list of available abilities. Setting up a profile on Fiverr is a smart and easy way to earn some cash as quickly as possible if you know what you’re doing online.
Watching Dogs with Rover.com
This might sound tedious, although if you love Dogs this is the best place for you to earn some quick extra money. Services such as Rover.com help you connect with dog owners who need someone to watch their pets overnight. The best part is you can easily earn around $49 per pet, depending on your location and the rates people charge locally.
Completing Tasks with TaskRabbit
TaskRabbit is an online website that connects you with people who are willing to pay you to run errands for them and they will pay you in return.
The jobs you will be given can vary majorly; however common tasks include:
- Picking up laundry
- Making Grocery runs
- Picking up prescriptions
- Walking dogs
If you don’t mind doing random tasks for cash, this is probably one of the best ways to make some fast and easy money.
Cash in all your Credit Card points
Maybe you have a rewards credit card or two? If so, you could potentially have some points lying around waiting to be claimed. Sometimes it might not seem like a lot, however, it all adds up in the end.
You could turn in all your points for statement credit if it’s possible, and then use your credit card for any immediate purchase you must make. If you can wait a few days or even up to a week, certain rewards credit cards will also let you redeem points for a cheque in the mail. Usually you would want to do this if you had no other choice though.
There are a few decent options to choose from here, however if you have some time to organise your finances there are some other ways to make money:
Rent out a room on Airbnb
Airbnb is one of the most popular websites where people can rent out a room or space within their own home for everyday people. If you don’t mind strangers and live in highly frequented place such as a large city or tourist area, you could make some decent money renting out a room in your home while you’re staying there. Or even better, rent out the entire property while you’re away.
You won’t exactly be making as much money as a hotel does, however, you can still get $100 a night relatively easily. If all goes well you will have some extra money flowing in every month and after 24 hours after they check in you’ll get paid by Airbnb. Airbnb takes a few extra fees and pays within a day if you use PayPal; if you use direct deposit you can expect your payment within around three days after the check out time.
To rent out a room is also a great way to make $1000 fast.
Try out Day Labour
If you don’t already have a job, you could potentially try your luck with a day labour agency in your local area such as Labor Works or People Ready. These jobs are usually of a low skill, low pay variety such as:
- Construction helper
- Retailer or warehouse work
It’s important to be punctual with them and arrive early, if you’re chosen for a job, you’ll work that same day and receive your payment at the end of the shift. Sometimes as a day labourer you can find cash jobs available on Craigslist or by meeting people in well-known meeting spots such as a home depot. However, doing so might land you up being short changed or injured without insurance.
Try a Garage sale
This isn’t always the greatest way to make money, however with some advertising in your area in advance and on the day, it is a quick way to get cash especially if you have a lot of stuff lying around such as DVDs, kid’s clothing, electronics and so on. Advertise your sale on Craigslist or put up some signs in your local area giving the date and time of the sale. Then when it comes down to selling time, get a table out on your driveway, load it up with all the items you would like to sell and see what you can get for cash.
Become an Uber or Lyft Driver
This is another fantastic option; however, it may not be practical for some people. If you have some time to kill, a reliable car, reasonable insurance and some good social skills you can easily earn some decent money being a driver.
On average an Uber driver earns around $19 to $21 an hour after tolls and some other expenses that are factored into the price. You can generally get your money instantly which is great. To make some real decent money, you’ll have to drive around a fair amount of time in peak hours such as a busy Saturday night. You also need to factor in the cost of gas and or additional wear and tear on the vehicle itself.
Additional methods and Summary
- Pawn or sell items of value
- Sell old cell phones
- Ask a friend or family member for a loan
- Payday Loans
- Sell your expensive concert tickets
- Sell your gift cards
- Look out for online Lenders (last resort)
- Open a new bank account with credit
- Get a part time job
In conclusion, if you need money right away, hopefully a few of these options will help you; the chances are good that at least one of these options will provide an immediate quick pay-out. It’s not always easy making money as quickly as possible, however with the internet on your side you should be able to take care of it with no problems.