What are the best ways to make money right away? While a search online when you're in need of some fast cash will produce millions of results, not all will be legitimate. It's up to you to filter through the so-called noise. These 32 strategies will help put you in the black, even if it's in a very small way. Once you are, resume planning and focusing on the bigger picture.
Few of us love taxes or tax season, but if you don't mind filling out tax returns and you're good at it, you might make some extra moolah by preparing returns for others. Some companies, such as H&R Block, Jackson Hewitt Tax Services, and Liberty Tax Services, hire seasonal preparers and offer training for them as well. You'll do well to have an accounting degree, of course, but those without that background who take the time to get up to speed on basic tax return preparation may be able to prepare plenty of simple returns.
If this is the first time you are hearing about this, though, then we actually do not recommend trying it. The average skill level of players on the internet has improved so much over the past few years that it’s virtually guaranteed that a new player will lose money over the long run. But hey, Ben made upwards of 6 figures playing online in poker in college, so we had to list it. 🙂
During my high school days, I was a pretty decent golfer (about a 2-3 handicap, for you other golfers out there). I was asked by my local club professional if I would help him teach his junior golf clinics that summer. If you have specialized skill in any sport, there are definitely opportunities out there for teaching others the fundamentals (and getting paid).
Clothing: thredUp makes it easy to sell clothes online. To sell your items, order a free “Clean Out Bag” on thredUP’s website. Then send in your shoes via FedEx or USPS. Once they arrive, thredUp will inspect your items before listing. Their site says they accept less than 40% of items in the average Clean Out Bag. Make sure your items are clean, name-brand, less than five years old, and in excellent condition to increase your chances. Depending on the popularity of the clothing items you send in, you will be paid either after processing, or once your items sell.
Sites like Share-A-Sale and Amplifinity provide referral fees. Vendors set the referral fees they're willing to pay and for what services. When the transaction happens, you get paid by the company for introducing a new customer to them. uRefer also allows merchants to set up referral programs for introductions and meetings, in addition to any transactions made.
John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Selena Maranjian owns shares of Amazon. The Motley Fool owns shares of and recommends Amazon, Etsy, and Twitter. The Motley Fool recommends eBay and Uber Technologies and recommends the following options: long January 2021 $18 calls on eBay and short January 2020 $39 calls on eBay. The Motley Fool has a disclosure policy.
My next self-funded business hit $160,000 in revenue in its first year alone. After that first taste of self-made success, I’ve gone on to sign consulting contracts worth tens of thousands of dollars with startups like LinkedIn and Google, launch profitable online courses, and grow my blog to over 400,000 monthly readers and $50,000/mo in side income.
Marketing. When operating as a consultant, you won’t necessarily be marketing your company; you’ll be marketing yourself. You’ll have to “package” yourself in a way that makes people trust you. For instance, if you’re marketing yourself as a financial consultant, ask yourself why someone would trust you with their life savings, and then figure out a way to convey that to potential clients. It might be in the form of a brochure, a portfolio, a sales letter, or all three.
Use your credit card’s cash advance feature. Some credit cards will allow you to withdraw a certain amount of cash by using it at an ATM. This can help you come up with cash in a hurry. However, the interest rates on cash advances are usually much higher than the credit card’s usual interest rate, meaning that you will eventually have to pay more.
Find a profitable niche: We’ve talked about this a lot. But, where are you most comfortable? What niche do your skills, values, and interests intersect? Do you have 10 years of experience as a technical writer? Do you have long-standing PR relationships that’ll be invaluable in helping startups launch a successful crowdfunding campaign? Determine what makes your value unique, and lean heavily on showcasing that strength to your potential clients.
Many busy people these days don't have the time or talent to prepare meals at home, and they don't want to eat out too frequently either. Personal chefs are a perfect solution, and you might make some extra money by contracting with a handful of clients to deliver a certain number of meals each week -- or to prepare them in the clients' homes. You might cook for their dinner parties or family gatherings as well. Many personal chefs earn between $35 and $50 per hour.
Regardless if you need to earn some fast cash or we're just talking about making money in the grand scheme of things, there's an important psychology that needs to be mentioned before getting into the strategies. If you study Freud's model of the mind, you'll discover the Psychic Apparatus. It's the three-part construct in your mind that controls all of your behavior.