Did the car break down? Is it time for a new refrigerator? Whether you’re trying to figure out how to make $500 in a day or how to make $500 in a week realistically, we’ve got you covered.
The fastest way to make some extra money is to sell stuff. If you have more time, a side hustle or passive income could boost your revenue by $500 daily. Online surveys are another way to bring in a few extra bucks.
When I needed more money fast, I refinanced my car. My car was eight years old and had been paid off for several years. I took the title of my car to the bank, and they gave me another loan, allowing me to get several thousand dollars that day.
If your car isn’t paid for, you might consider a pawn shop. You could take your most valuable items and pawn them for cash. Most shops allow you to repurchase your stuff within a specific time frame.
I had also borrowed money from my 401k when I needed 500 dollars fast. Not all retirement plans allow you to borrow from them; if you withdraw early, you must pay taxes and a penalty fee.
Borrow the money from a friend or relative. If you offer collateral, such as jewelry or a computer, for the lender to hold in case you can’t repay them, they’ll be more likely to loan you the money.
Even in emergencies, I don’t recommend high-interest cash advance services for money. Instead, try using the Earnin app to get your paycheck faster without paying the big fees that cash advance businesses charge.