- Personal Finance
How To Make Money Fast - Like By Next Week
We have all had times in which we needed to make money fast. It might be for a birthday present, an unanticipated emergency, or maybe we just need a little something to tide us over until the following week. But, in many cases, making money is not something you can snap your fingers and get it done. It usually takes one month of hard labor before you can make some money but if you need the money by next week, and payday is not until three weeks later, then you have a little bit of a problem.
You can ask the resident slave driver...errr...boss for an advance but that usually doesn’t go down very well, especially if it isn’t the first time. Raiding your piggy bank doesn’t work either as that probably isn’t your first time, and I’d bet that you no longer have a piggy bank to raid.
So, assuming that you need money fast, say by next week, how would you go about making it? Let’s say you need anywhere from fifty dollars to five hundred dollars. Well, there are a few ways that you can make that kind of money fast.
Hold A Garage Sale
You always have stuff that you do not need lying around. Why would you have them gathering dust when you can sell them and make some much needed cash? Look through your wardrobe for clothes you would probably never wear, or wear again, or your closet for things you don’t need. And hubby is always good for power tools and gadgets that he has gotten sick of. Arrange them all nicely, put on the price tags, put up notices in your neighbourhood and don’t forget to tell your friends, and have a garage sale.
Be A Busker
I have heard a story of a group of friends who were stranded in a foreign country with no money. They were musicians, so they stood on the sidewalk, put a hat in front of them and started playing music. And they earned enough for a trip back home and more. So, if you have some kind of talent and can entertain people, being a busker could be a good way to earn some extra money.
Borrow From A Friend
Not exactly a very good idea but if you have a good friend, and you always return any money borrowed promptly, then this is an option that you can consider. Do take note that you might be asked to return the favor, so consider carefully.
Consider Daily Rated Jobs
You might be able to find odd jobs that pay by the day. Generally the skill level required is low and the pay is probably nothing to boast about, but you just want a little extra money and not make a career out of it. The best way to get these types of jobs is probably your daily newspaper or you can register with an agency.
Payday loans are exactly what the name implies - very short term loans meant to tide you through to payday or for when you need some money fast. You must only use this if you have a guaranteed way to repay such as your salary at the end of the month. Do check the interest that you pay for the loans as it tends to be extremely high.
Pawn Your Valuable Items
If you have any valuable items like jewelry or expensive watches, pawning them would be another option to get you money fast.
Remember to use your common sense in your search for quick cash as some of the things mentioned might get you in trouble with the law in your part of the world. For example, where I come from, busking is not allowed without a license. And in many cases, you actually don’t need to make money fast, but you probably need to examine your finances as to why you are in the situation in the first place.
Other Hubs Of Interest
1. Passive Income - http://hubpages.com/hub/3-Ways-To-Generate-Passive-Income