Even if you have a job with a steady income, we’ve all reach points in our lives where we could really benefit from having a little extra cash. Financial emergencies happen. Sometimes we make splurge purchases and leave very little money to carry over until the next payday.
Whether you’re a newlywed looking to pay down wedding debt, or a college student looking to increase your monthly income, there are many ways to make money fast. Here are 6 tried and proven methods to put more money in your pocket.
1. Rent Your Home
Do you have an unused room in your home? Do you have a vacation house that you only use a few months out of the year? Instead of letting this valuable space go to waste, make money off of it by sharing your home with an Airbnb guest.
Airbnb is a site used by people looking for short term rentals. Some homeowners also offer long term rentals at a discounted price. If you can provide your guests with comfortable and private living quarters, you can definitely make quick cash using the site.
Simply sign up to become a host, take pictures of the available space, and then post them. Provide a clear description of the room along with guest perks, such as freshly brewed coffee or a small welcome gift basket.
2. Earn Money While Shopping
No matter if you’re shopping for groceries, clothing, or personal care items, you can make money by simply buying things! You can start by making purchases using a credit card with a rewards program. These programs offer anywhere between 1% to 5% cash back. Be aware that cash back is typically only eligible for certain product categories like gas, food, and travel.
If you don’t have a credit card with a cash back program, the next best option is to make purchases using a cashback website. Mr. Rebates and Ebates give users a percentage of their total purchase price. Cashback offers can range between 1% and 10%, and sometimes the rates are even higher!
By purchasing through a cashback website, the company makes a commission, and a percentage of that commission is paid to you. Once you reach the money earned threshold (usually $50), you can cash out or receive a gift card to your favorite retail store.
3. Sell Unwanted Items
Over the years it’s easy to grow a collection of items that you simply don’t need anymore. From clothes that no longer fit you, to old electronics sitting unused in the attic, chances are you have plenty of items sitting in your home just collecting dust. Instead of cluttering valuable space, you can make quick money by selling unwanted and unused items.
If the weather is warm, you may find great success in holding a yard sale. Otherwise, you’re better off selling items using online websites like:
- Offer Up
If you’re a social media user, you can also post items in local trade and bartering pages.
4. Become a Lyft or Uber Driver
Make money by simply driving your car! By working as a Lyft or Uber driver, you can make quick cash in just a few hours. Lyft claims that drivers can make up to $35 an hour while Uber drivers can make around $25 an hour.
With this side hustle, you’ll make the most money by driving late at night and on weekends. If you want to do more than shuttle passengers from place to place, you can also sign up to become a driver for food delivery companies like DoorDash, GrubHub, and Eat24.
5. Become a Personal Grocery Shopper
Have you memorized the aisles in your local grocery stores? Do you like making life more convenient for others? If so, consider becoming a personal grocery shopper. Companies like Instacart and Shipt are always hiring local personal shoppers.
As a personal shopper, you’ll pick-up and deliver groceries for local customers. You earn money based on the size of your orders, miles driven per trip, and tips. Most personal grocery shoppers make about $15 an hour.
6. Take Paid Surveys
While you won’t make hundreds of dollars a day taking surveys online, you can make a couple extra bucks. If you’re consistent, you can make decent money in a month’s time. Websites like Survey Junkie and Swagbucks pay between $0.50 and $1.25 per survey.
Surveys are mindless and require very little effort. Many of them take less than 5 minutes to complete, which means you can make some quick cash if you’ve got a little time on your hands.
What’s great about Survey Junkie and other paid survey websites is that new surveys and tasks are added each day. Set aside an hour or two a day and you could make extra money to stash away. If you want to do the surveys more than once, you can create a second account on the site. To do so, you need to make a second email account and then register while hiding your IP address with a VPN.
By using these 6 methods, you can get the fast cash that you need. No matter if you want extra spending money for an upcoming trip or want to pay off debt faster, these are effective ways to increase your funds.