If you're running on fumes, financially speaking, but you have some money coming your way soon, consider pawning something of value to borrow fast cash. Of course, to get those items back you'll need to pay back the loan with interest. If you don't pay it back in time, that you'll lose the item. If it's really something that has a lot of intrinsic value to you, don't do it. But if it's something that doesn't, you can certainly consider it depending on your situation.
Outside of starting your own business, investing in the stock market has been one of the most consistent ways to create wealth over the past 100 years. In fact, since its inception in 1957, the S&P 500 has consistently returned 8% per year on average. A far higher return than savings accounts, CDs, money markets, or any number of other vehicles for saving and investing your money.
Samples. You’ll need some samples before you can really begin marketing yourself. Figure out which market you want to approach first, and then find or create some related samples. For instance, if you want to try your hand at blogging, study some successful blogs, and then write a few posts of your own to use as samples. Do this for any and every market you’d want to write for.
@Philip Taylor I was merely using medical science as an example profession. It’s quite obvious that you don’t have any professional courtesy and downplay professions in which you don’t understand. Logo design isn’t just logo design. I don’t know what the profession of a public accountant entails, or a lawyer perhaps, so I’m not going to give advice on matters that I don’t especially have knowledge in.
Hello Philip–good list but most of the activities are so cliche and yet more creativity could be better employed here…this would make me work more hours for a little more pay and still keep me in the debt circle for so long. it would require me to worker harder so that i can make more money and yet am at the point where i want my money make more money with me getting less actively/ physically involved. Some call it ‘Working Smart’ unlike traditional options that have often helped many to stay afloat without helping them soar to financial growth and prosperity. Thanks though
It works in essentially the same way as the phone apps that were mentioned earlier. If you don’t mind having Google know what you do on a daily basis (anonymously), you can make money by letting them monitor your Internet usage. They use the information they gather to help them market and increase the functionality of their advertising programs when targeting users that are similar to you.
I have a personal blog that I use for journaling. I became good enough that I opened my own business as a social media consultant. I’m now making a decent amount of extra money. I am also a photographer with a lot of graphics program experience, so I make a little more by doing graphic design, photography, and even digital enhancement. You don’t have to be the best at something in order for it to be profitable; you just have to put in the work and be better or cheaper than other people out there. However, it IS work.
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Mostly simply, “micro jobs are small, easy tasks that can be completed in a short amount of time, and generally earn you between $3 and $100. They’re often online jobs that you can do from home, but there are local opportunities, too. They don’t require an interview, meetings, or set hours, which makes them the perfect vehicle for making extra money on the side.”
29. Videos – This could be an entire section on it’s own. Many people have made money by creating YouTube videos. Evan of EvanTube is a kid and he has made millions by creating reviews of products that other kids his age would use. It’s not easy to get views into the millions, but once you do, you’ll start seeing some cash come in. Many bloggers have completely turned to videos to get their point across by starting a video blog.
When you sign up for Trim, they immediately begin analyzing your spending and look for ways to reduce it. They’ll call your internet service provider and negotiate you a better deal on the same service. Same for your cable package (or any other recurring service you have). They’ll also look for hidden or otherwise forgotten about subscriptions and cancel those if needed. Think of them as your bill guard dog. No one gets by without their permission.
If Uber Eats or Lyft weren’t a great fit, Uber is yet another option. By driving with Uber, you have the flexibility to drive whenever you want, which means you can start making money as soon as you are approved to drive, and it’s all on your own schedule. They’re currently offering a $1,050 bonus to new drivers in our area (Virginia Beach, VA) but that amount will vary based on your regional market. See their website for more details.
My 10-year-old son brought home a book from our park’s free library box. It was a biology textbook – teachers edition. He said it looked interesting and hey, it was free (having no idea you could sell it). I scanned it in my Amazon seller app and realized it was worth around $150. He was so excited. We listed it for sale for $130 and it sold! Going to tell him, he just made $130!
Make sure your investment portfolio is well-diversified. This means you should invest in both stocks and bonds as well as different sectors like technology, banks, and consumer goods. Also, consider alternative investments like real estate through a platform like DiversyFund. You can also use Masterworks gives investors the opportunity to invest in fine art, which has outperformed the S&P 500 by more than 250% since 2000.