How to Make Money Fast: 6 Proven Strategies
If you need quick cash, you may be wondering what you should do. Taking out a loan or running up debt on a credit card could harm your long-term credit score. Other options may not provide you with extra cash quickly enough. Fortunately, if you’re wondering how to make money fast, you’re in luck. Below, you’ll find six proven money-making strategies to help you earn cash in your spare time.
1. Sell Things Online
If you need quick cash, one of the best things you can do is sell items online. This is one of the best ways for you to make extra cash while getting rid of some of the old goods that you have laying around your home. Two of the primary places for you to sell things online are eBay and Craigslist.
These sites operate as modern-day garage sales. You’ll gain access to millions of users instead of the dozen or so that may visit your yard sale. The enormity of these online communities provides the perfect opportunity to get rich quick (well, maybe not rich, but every bit counts).
eBay indicates that users conduct more than 250 million searches on the site each day. When selling on eBay, you can utilize the “What’s Hot on eBay” tool. This tool allows you to track the most popular items at any given time, therefore allowing you to become more efficient when selling. If you’re looking to make extra money by selling on eBay right now, consider selling:
- Men’s athletic clothing
- Shoes and coats
Craigslist is another excellent option to sell your old things and earn money. The company says that it seeks to create a platform where people can “buy, sell, rent, hire, share, meet, swap, discuss, find, serve, connect, give away, announce, work, collect, care, perform, learn, marvel, mentor, befriend, fall in love, and/or save the world.”
Craigslist receives roughly 50 billion page views per month and hosts 60 million active users. No matter what you have laying around your home, Craigslist could connect you with people in need, making it one of the best ways to make money fast.
2. Take Online Surveys
If you have a lot of free time, online surveys are one of the best ways to make more money. Many sites allow you to take online surveys, often resulting in payouts in the form of cash or gift cards. These sites are also convenient because you can often take the surveys on your cell phone.
Swagbucks allows you to earn cash and gift cards for the things you may already be doing online. Opportunities to make cash come from things such as shopping online, watching videos, surfing the web, and answering surveys.
With each task that you complete, you’ll receive “Swagbucks.” You can then turn these points into cash and gift cards. You can convert Swagbucks into gift cards for brands such as:
Swagbucks reports that it gives out more than 7,000 free gift cards each day.
MyPoints has been around for more than two decades, making it one of the longest-standing survey sites online. Much like Swagbucks, MyPoints allows users to take online surveys. However, you must complete online shopping endeavors to unlock the surveys.
So, if you have large purchases upcoming, consider registering through MyPoints so that you could then take surveys to earn quick cash. MyPoints pays in either cash or gift cards to major retailers, including companies like Amazon and Home Depot.
Survey Junkie is another excellent way to earn quick cash. This site allows you to “be an influencer” and share your opinions on brands. When first registering with the site, you’ll build a profile so that you can take surveys that match your interests explicitly.
You’ll receive points for each survey you take. You can then redeem these points for PayPal cash or electronic gift cards. Customers reported that earning points took “honest hard work,” but that doing so provided them with a little extra money to spend.
3. Open Your Home
If you own a home, you could earn extra income by letting others rent it out. Sites such as Airbnb have become popular over the past couple of years as people are continually looking for cheap alternatives to hotels.
One quick note about earning passive income through hospitality services — if you’re a renter, your lease may stipulate that you’re not allowed to rent your unit to third parties. Additionally, many cities have restrictions regarding third-party rentals. Look into whether renting your unit is legal before you assume this is a way for you to make money.
Airbnb is perhaps the most popular third-party rental site. You can indicate whether you’re renting a room in your unit, a private guest suite, or the entire unit. You can also set your preferred price and base the rentals around your own schedule.
So, for instance, if you have a spare bedroom in your home, you could make a bit of extra money by renting it to others. Similarly, if you’re headed out of town, opening your home could allow you to make good money.
4. Use Your Car
If you own a car, you may want to consider ridesharing or delivery services to make money. You can drive or deliver based on your own schedule, making it a great part-time gig. Some drivers even make enough that they consider this their full-time job.
If you lease your car, you may want to look into your agreement before you turn to these methods to make money quickly. Many car leases have mileage limitations. By using your car to make money, you could quickly surpass your mileage limitations, which could cut into your profits significantly.
Uber is a ridesharing service that turns your personal vehicle into a taxi service. You choose when you want to drive, making this a convenient side gig for anyone with a car. Additionally, Uber recently introduced Instant Pay, providing its drivers with a quick way to pad their bank account. Uber also offers a sizeable sign-up bonus after completing your first few drives.
Lyft is another ridesharing service that’s very similar to Uber. The sign-up bonus isn’t as good on Lyft as it is on Uber. However, many drivers find that Lyft takes a smaller cut of overall earnings. You won’t receive as much free money up front, but your personal finances could benefit in the long run.
If ridesharing isn’t for you, you could still use your car to make money. DoorDash is a food delivery service. You’ll pick up and deliver food from local restaurants. You don’t necessarily need a car to complete this service, either. The company will allow you to work with other forms of transportation, such as a scooter or bike.
Whereas DoorDash focuses on restaurant delivery, Postmates is a delivery service that’s a bit broader. Not only will you deliver food from restaurants, but you may also deliver groceries and alcohol as well. Postmates is now available in all 50 states.
Grubhub is another food delivery service. If you’re not in a major city, you may have more success using Grubhub than DoorDash. Grubhub is available in more than 1,600 cities in the United States, working with more than 85,000 restaurants.
Instacart is a same-day grocery delivery service. Users submit their grocery orders. You’ll then complete the grocery shopping trip and deliver it to the individual. Not only is there a delivery fee, but you may receive sizable tips as well, padding your bank account.
5. Walk Dogs
If you have a lot of free time, making yourself available as a dog walker could provide you with steady, immediate cash. Fortunately, there are now apps available that make it easy to connect with dog owners in need of your services. As a dog walker, you’ll also receive adequate exercise, potentially allowing you to save money by canceling your gym membership as well.
Rover is a dog walking and pet sitting site. You are in complete control when working with Rover. Not only can you set your own schedule and prices, but you can also determine which pet care services you wish to offer. Furthermore, you can decide which dogs you want to walk, with the ability to set parameters based on:
6. Start Freelancing With a Side Hustle
If you have unique skills, you could put them to good use by freelancing. Many online sites operate as “matchmakers” that connect people in need with those who have services to offer. For instance, imagine a small business needs a new logo. If you specialize in graphic design, you could connect with the small business on a freelancing platform. Side hustles are useful because you set rates that you feel are fair and work on your own schedule.
Moonlighting is a freelance jobs marketplace. The site is quite streamlined — it makes it easy for contractors and small businesses to communicate and pay one another.
Upwork is another site that connects freelancers and small businesses. Not only will you find those in need of short-term tasks, but you’ll also likely find small business owners who are searching for recurring projects and full-time contract work.
Fiverr is a site that’s particularly useful if you’re looking to start your first side hustle. The site guarantees that you’ll get paid by offering payment protection to its clients. Additionally, you won’t have to worry about setting an hourly rate. Fiverr mandates that its projects have fixed prices.
If you are particularly handy, you can make money through TaskRabbit. TaskRabbit is a site built explicitly for “handy” freelancers. You could make quick money by completing tasks that you may find simple, such as furniture assembly and TV mounting.
Know How to Make Money Fast
If you require quick cash, it’s critical that you know how to make money fast. We hope that the six strategies that we listed above prove useful for those wondering how to make money fast. Be sure to check out our job postings for the latest opportunities to make a lot of money.
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