Do you need money today? Do you need money fast?
Things happen – like maybe you have been crushed with an emergency expense or an unexpected payment.
Just consider this – the best thing you can do in a stressful situation is act.
The quicker you decide on what to do, the better you and your purse will feel.
So what can you do to get out of this situation and earn money back to a stable financial position?
With creative thinking and hustle, you can get into a better, more stable situation and never have to feel like this again.
Below are some viable, tried, and tested ideas to make money fast, from making money online to selling your stuff and saving more in the long term by tweaking your work.
In a Hurry? Here Are Some Things You Could Do :
Swagbucks survey and cashback app has been in business since the early 2000s and always has great offers.
You can choose between cash and other stuff like gift cards.
You can opt for PayPal money, but I usually select my rewards in gift cards because they offer a range of good selections to the stores I shop at regularly.
You can start earning cash immediately when you sign up for Swagbucks today for FREE.
Survey Junkie is another popular online survey site. You can sign up for this survey site if you live in the US, Canada, or Australia.
They have one of the highest payouts for their surveys. Try them today to earn PayPal money instantly! You can earn up to $45 per survey. Sign up today and start making cash from Survey Junkie!
Ibotta – Free Us Cashback App
Ibotta is one of my top recommendations for money-saving apps!
This free app is similar to Checkout 51. You can also earn cashback on your online shopping, not just in-store purchases.
Whether you're shopping for groceries, pet food, clothing, or electronics, you'll get paid for buying things you were going to buy anyway!
You can transfer your earnings to your PayPal account and get paid through PayPal instantly. Their program has already spent over $600 million in cash rewards to its 35 million users.
Ideas To Make More Money in Less Than a Week
Aside from borrowing money, which is never an option, if you want to get out of debt, the best two options you have are:
- Trim your expenses
- Make extra income
So let's find you some cash.
Trim Your Costs in a Week
One of the best ways to trim your expenses is to make a household budget and work out where your money is going.
Before you create a monthly budget, you will first want to download my FREE blank budget sheet by filling in the pink box below.
It comes with full instructions on how to use it.
This will give you an idea of what spare cash you have.
Review Your Subscriptions
These are things you pay for on a monthly or yearly basis.
Examples of subscriptions include:
- Car insurance
- House insurance
- Breakdown cover
All these subscriptions have a renewal date, but you can call these companies and discuss your subscriptions at any time.
Remember, you are the customer and always deserve a great deal.
Top tip – find your company's policy number and cell phone number.
- Store this in a notebook or subscription planner.
- Have it ready before you call.
Haggle With Your Bill Providers To Reduce Their Monthly Cost
The next step is to try and consolidate all your expenses.
I recently called my cable and internet company and said that I was thinking of leaving because new customers could get better deals than me.
Don't be frightened if they insist you pay this price and give you reasons.
I kept calm and requested to speak to be transferred to cancellations. At this point, most reputable companies will offer a reduction to your current deal.
- It helps to write an ideal amount you would like to pay (be realistic)
- Start with 2 or 3 companies you could save with.
- If you need more time or feel you aren't a negotiator, apps like Trubill could help negotiate your bills for you.
Create a To-buy List
This is a way of making yourself wait for purchases you ‘want' to buy instead of purchases you need.
- Write a list of things you want.
- Then you have to wait 30 days until you can buy it.
It's a tremendous financial mindset because it gets you used to wait and considering what you buy.
In most cases, you will probably not buy the item because waiting has made you realize it wasn't something you need.
Slash The Cost of Your Debt
If you have a high-interest credit card and you are not on the interest-free period, it's worth seeing if you can balance transfer to a cheaper deal.
Use a tool to help you determine your chances of being accepted before hitting the apply button.
Martin Lewis' balance transfer search tool (UK) won't leave a complex search on your credit report and has been very good at predicting the percentage chance of me being accepted.
This was a significant player in my getting out of £30k debt, so you should try it.
Ring your creditors to see if you can lower the interest rate for other debts and loans. Talking to people always helps – it brings possibilities you never thought of before.
If they suggest something for you and you need help understanding the jargon before making a decision, you can call your local citizen for advice and ask them to talk it through.
It'sessentialt to check what deals they have given you and whether they benefit you.
Switch Bank Accounts
One way of making some quick cash is to shop around for bank accounts.
Being short on cash means you risk getting hit with banking fees. I wouldn't say I like banking fees primarily because they're aimed at customers who often can't afford to pay them. Two banking fees to watch out for are minimum deposit and overdraft fees.
Some accounts offer up to £200 to switch. These days it's so so easy.
Save to Pinterest for later!
First Direct's one account is a close second if you are all about excellent customer service.
Their current account offers a welcome bonus of £100 and a 0% overdraft of £250. Yes, it is an online account, but you can pay cash and checks in HSBC branches.
Switching Bank Accounts in The US
If you live in the US, I suggest trying Chime Bank. Chime has no overdraft fee, no maintenance fee, no minimum service fee, and over 38,000 fee-free ATMs.
Make Extra Cash Fast.
Use the Gig economy to make extra cash fast.
This post details how you could earn up to $100 or £100 daily.
Become a Virtual Friend
It may sound a bit out there, but this is a way of making money now. A virtual friend can give companionship to someone who is:
- new to an area or place
- lacking social interaction in some way.
Hayley over at Missmanypennies has a complete guide to getting started being paid as a virtual friend.
Try Dog Sitting
Rover.com are always looking for new sitters in different areas.
You can earn up to $100 per week (or more) as a rover sitter, and you don't need to worry about networking and marketing yourself – Rover does it for you.
They also offer protection of up to $1,000,000 on your services, an app to manage your dog-sitting business, and a support team if you need them.
You can even set your schedule and prices.
Paribus is a superb app that tracks whether online stores have dropped their prices and asks for a refund on your behalf.
It also tracks whether any of your deliveries have been late and refunds the delivery price.
Return windows are also tracked, and the app will remind you before it is too late to send unwanted items back.
Cash in Credit Card Points
Any loyalty points can be used in this situation. So save these points if you have no money, and you will have a small reserve you can draw on. It's a great way of giving yourself an extra bit of leeway.
Sell plasma for up to $400 a month in the US.
Clark.com has an in-depth article on how to donate and the implications, so you are fully informed.
In the UK, plasma is only donated.
Sell Breast Milk, Eggs, or Sperm
Moneymagpie has an in-depth article about natural things you can sell.
It is always worth checking out all the facts before you commit to any of these things – make sure you and others are safe.
Ask for a Pay Increase or Overtime.
It could be when you can ask for a raise or even overtime if any is available.
Cut.com believes that to get a raise, preparation and face-to-face interaction is the key to this.
Their article suggests ten tips to help you consider whether you have a great chance of getting a raise.
How Else Can I Make Money Right Now?
Here are some other ideas for further inspiration if you need money fast.
- Sell your expensive mistake and buy a cheaper version
- Return an unused purchase
- Pawn something you don't want or use
- Sell your DVDs and CDs
- Scan receipts into Receipthog
- Have a garage sale
- Sell your clothes
- Pick up a serving job
- Turn gift cards into cash
- Redeem your recycling
- Redeem your coins for cash – Coinstar
- Help your neighbors
Starting a blog is one of my top recommendations and favorite ways to earn extra income.
Just 18 months ago, I started this blog, Budgeting is a Challenge, as a fun hobby while working my main job.
I was looking for ways to improve my money situation, and starting this blog allowed me to share my budgeting journey while learning how to earn extra money online. To learn more, you can visit my step-by-step tutorial on how to start a blog for beginners.
Things Not To Do When You Are Skint
As always, these are just suggestions, but all these things can cause potential issues and complicate your life.
- Please take out a loan to fund it
- Payday lenders
- Borrowing from friends and family
- Second mortgage
- Releasing your retirement fund
Be aware of people offering you golden solutions. Payday lenders will cost you a small fortune in interest charges, and the loans can soon spiral out of control.
Thinking of taking a loan out to fund another loan is a sign that you already have too much debt. The issue is that you will soon have so many obligations that you can't afford the minimum payments.
Releasing your retirement fund might seem attractive, but you will need this for then – think of it as if it isn't there, and then you always have that cushion for your old age.
A second mortgage is also a costly way to get more funds and could land you in more debt for so long that you are chained to paying off debt when you should have been able to retire.
Sarah over at debt camel has some great articles to help with this. She has helped many people figure out a plan for the future and aims to inform you of all the information you need.
I hope I have helped ease your mind. There will be times in all our lives when we need money fast. Life throws awful things at us all the time, but hopefully, you have found some ideas to put into action.
Please remember always to share your situation with others – they might bring you comfort too and suggest an idea you hadn't thought of.
Read my penny-pinching article for other suggestions on how you can save more money than you realize – the ideas come from myself and the UK money bloggers.
This situation you find yourself in won't last forever, and you have so much power within yourself to change and improve it for the better.
Remember, I am always here at the end of an email.
Feel free to get in touch.