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How to Make Money Fast: 10 Easy Ways to Make Money in the next Hour

How to Make Money Fast: 10 Easy Ways to Make Money in the next Hour

The average savings rate for an American under 35 right now is -1.8 percent. (Yes, negative.)[1] Coupled with declining salaries from large companies[3] and the rise of the “gig economy” (where payments don’t always occur at stable times), there are often situations now where (especially young) people need to know how to make money fast.

Of course, thousands of sites — maybe even millions — claim to offer ways to make money fast, or to teach you some hack about how to make money fast, but the sites are scattered and have varying degrees of validity. Many of us don’t know where to start, or if the site we found is reputable.

Our goal here is to fix that and to show 10 possibilities for how to make money fast.

1. Do One-off Selling on LetGo

LetGo is a great site for one-off selling to people in your neighborhood or general region. Anything with value, from clothes to old books and magazines, is going to be fair game.

You need quality images, some ideas of a valid price point, and the ability to upload. You can also cross-share on Facebook and Instagram to drive more traffic to the sale. People have sold everything from old pens to collections of Blue Apron recipes on LetGo and made money quickly.

2. Sell Overseas for a Better Price

Two good sites for this are Alibaba and Taobao. When you sell items that are local to you but to overseas customers, you can get better deals —  because things are often considered more valuable if they’re rare or imported from elsewhere.

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While it is possible to also sell services on sites like these, offering services from the U.S. to China might require consistent use of a private jet, and if that’s your situation, you probably don’t need this article in the first place.

3. Rent out a Room on AirBnB

AirBnB is an excellent way to make some additional cash. Many are now renting out their apartment and, using the funds from that rental, traveling the same weekend.

Most AirBnB hosts are still doing it for side/quick money, although there are six-figure AirBnB earners.[2] In 2016, about 75 people worldwide earned more than $1 million hosting AirBnB,[4] although admittedly earnings for hosts are higher in 15 cities globally.[5] (In general, a “good” AirBnB city can yield a host up to 81% of their rent.)

Signing up for AirBNB is safe and easy, here’re some handy tips to get started.

4. Rent out Parking Space with JustPark

You can rent out driveways, car parks, empty hotel spaces, etc. — and do so within the time windows that work for you with JustPark. There are a few limitations you need to be aware of, such as whether you’re the legal owner of the space (not a deal-breaker!) or whether the space requires FOB access. Check out the detailed requirements on JustPark here.

JustPark is a good revenue-generator for some, although the monthly earnings are likely to be less than AirBnB. One “hack” to know, though: JustPark listings that include Minimum Retail Prices actually — and counterintuitively! — make 4x the revenue of other listings on the service.[6]

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5. Writer Reviews as a Product Tester

This is a fairly easy one: visit a website/app, complete a series of tasks, and earn $10 per test on UserTesting. There are some necessary requirements, including:

  • A PC or Mac, an internet connection, and a microphone. You’ll need an iPhone, iPad, Android phone or Android tablet If you’d like to take Mobile tests.
  • Ability to download testing software.
  • You must be at least 18 years old.
  • Ability to speak your thoughts aloud in English.

6. Teach on iTalki

In short, you’ll get paid to help others learn a language. There are a number of benefits, including a flexible schedule and international payments. Close to 20 languages are currently available to teach in, with demand consistently growing.

iTalki takes about 15% of your earnings, and is best thought of as an extra income source — not a primary one. It’s a good example of how to make money fast though you won’t make a huge amount.[7]

Sign up and become a teacher on iTalki.

7. Do Pet Sitting

There’s an extensive database of pet sitting jobs available on PetSitter, which is a huge bonus for pet lovers looking for ideas on how to make money fast.

In addition to pet-sitting, there are a range of other pet-related activities (mostly dog-walking and feeding). The ceiling on pet-sitting earnings from this or other sites (such as Rover) is about $3,000-$4,000 per month, with most users making less than $1,000.[8]

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It depends on time available, market you’re operating in, and context. By “context,” one thing to note is that finding people who vacation a lot (empty nesters, retirees, etc.) will increase your recurring income from pet sitting. Once they trust you with their pets, they might hand you the contract for every vacation.

8. Get a Child Care or Home Care Job

You can find typically child care or home care jobs designed to fit your schedule on Care.com. The jobs will vary from babysitting to nanny work to after-school pickup to housekeeping, shopping, errands, and more. They do offer rate calculators for various services, such as babysitting, with larger cities starting around $20/hour relative to experience.

One advantage of making money on Care.com is the volume of jobs available is very high. If you have flexibility to combine different commitments, you can generate $1,500+/month from this site.

9. Become a Uber Driver

There have been lots of discussions about driving for Uber vs. Lyft and which is better for drivers (the argument varies), but Uber’s driver requirements aren’t hard to pass. Check out the requirements to become a Uber driver here.

Ride share driving is easy in terms of GPS navigation helping guide you, and the schedule is flexible. The actual hourly rate varies by city, but it’s usually $20/hour or under.[9]

It’s oftentimes hard for Uber to classify because they don’t designate their drivers as employees. When they advertise $40/hour (as has happened), that’s probably on the very high end.

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Now you can even get a guaranteed $275 for your first 40 rides with the invite code here.

10. Sell Your Talent at Fiverr

Fiverr is one of the more popular gig sites, with new projects requested every five seconds and about 25 million projects completed to date. There are about 100 categories to choose from including writing, animation, design, making products go viral, Facebook cover photos, voice-over, etc.

As a seller, you can charge anywhere from $5 to $995 for your package. They also have a “Pro” option now once you either prove expertise in a given area or work with a wide variety of clients.

People do make six figures on Fiverr,[10] although that’s admittedly rare — most people make about $300 to $500/month depending on their level of commitment to the platform.[11]

Start selling your skill at Fiverr.

The Bottom Line

There are many practical ways to make money fast online, typically through the emergence of new platforms. It’s important to remember the trade-off between flexibility and stability.

These approaches of how to make money fast will usually give you some degree of flexibility in when you work and how you earn, but they may not give you stability. If you have certain bills that are due at a given time each month (i.e. rent on the 1st), you will need approaches to how you save or periods of time you ramp up working.

Reference

[1] The Wall Street Journal: Younger Generation Faces a Savings Deficit
[2] Fast Company: Secrets Of Running A Six-Figure Airbnb Business
[3] Wharton: Why It No Longer Pays to Work for a Larger Firm
[4] Forbes: The 75 People Who Make $1M A Year From Airbnb
[5] Smart Asset: Where Do Airbnb Hosts Make the Most Money?
[6] Just Park: 7 Easy Ways To Increase Your JustPark Earnings
[7] glassdoor: iTalki
[8] New York Post: Meet the people making $3,300 a month pet-sitting for strangers
[9] The Washington Post: How much Uber drivers actually make per hour
[10] Forbes: How These 3 People Make 6 Figures A Year On Fiverr
[11] Joseph Feliciano: 22 Days On Fiverr + Income Report

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Brian Lee

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Last Updated on October 16, 2019

Invaluable Lessons You Can Learn From Your Mistakes

Invaluable Lessons You Can Learn From Your Mistakes

Do you like making mistakes?

I certainly don’t.

Making mistakes is inevitable. Wouldn’t it be wonderful if we could be at ease with them?

Perhaps there is a way to think of them differently and see their benefits.

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Why Mistakes Feel Dangerous

Mistakes often feel dangerous. Throughout human history, our errors have often been treated as dangerous for a variety of reasons:

  • Our vulnerability. We have limited and fragile support systems. When those systems fail, people often lose their lives.
  • Real dangers. Nature can be dangerous, and making mistakes can put us at the mercy of nature and its animal residents seeking a meal.
  • Ignorance. Many cultures scapegoats someone whenever there is a failure of some kind. Scapegoating can be serious and deadly.
  • Order. Many societies punish those who do not conform to the prevailing orthodoxy and treat difference and non-conformity as a mistake. Even our brains flash an error message whenever we go against prevailing social norms.

We have a history of handling mistakes and failure in an unpleasant way. Since each of us carries our human history with us, it can be a challenge to overcome the fear of making mistakes.

If we can embrace the reality of mistakes, we can free ourselves to be more creative in our lives and dig up some interesting insights.

Why We Can’t Avoid Making Mistakes

Many people operate under the notion that making mistakes is an aberration, a mistake if you will. You can call it perfectionism but it is a more substantial problem. It is really a demand for order and continuity.

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When we think we can eliminate mistakes, we are often working from a perspective that sees the world as a fixed place. The world, however, is not so obliging. Like it or not, the world, and everything in it, is constantly changing.

Change is more constant and pervasive than we can see with our own eyes which is why we often miss it. Our bodies are constantly changing. The natural conditions of the earth change constantly as well. Everything, including economic and cultural systems have life cycles. Everything is in a constant state of flux.

We cannot see all of the changes going on around us since rates of change vary. Unfortunately, when we try to create a feeling of certainty and solidity in our lives or operate from the illusion of stability and order, we are fighting reality and our natural evolution which is built on adapting to change.

It is better to continually bend into this reality rather than fight every change we experience. Fighting it can cause us to make more mistakes. Finding the benefits in change can be useful and help us minimize unnecessary mistakes.

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Lessons Learned from Making Mistakes

Life has so many uncertainties and variables that mistakes are inevitable. Fortunately, there are many things you can learn from making mistakes.

Here is a list of ways to harness the mistakes you make for your benefit.

  1. Point us to something we did not know.
  2. Reveal a nuance we missed.
  3. Deepen our knowledge.
  4. Tell us something about our skill levels.
  5. Help us see what matters and what does not.
  6. Inform us more about our values.
  7. Teach us more about others.
  8. Let us recognize changing circumstances.
  9. Show us when someone else has changed.
  10. Keep us connected to what works and what doesn’t work.
  11. Remind us of our humanity.
  12. Spur us to want to better work which helps us all.
  13. Promote compassion for ourselves and others.
  14. Teach us to value forgiveness.
  15. Help us to pace ourselves better.
  16. Invite us to better choices.
  17. Can teach us how to experiment.
  18. Can reveal a new insight.
  19. Can suggest new options we had not considered.
  20. Can serve as a warning.
  21. Show us hidden fault lines in our lives which can lead us to more productive arrangements.
  22. Point out structural problems in our lives.
  23. Prompt us to learn more about ourselves.
  24. Remind us how we are like others.
  25. Make us more humble.
  26. Help us rectify injustices in our lives.
  27. Show us where to create more balance in our lives.
  28. Tell us when the time to move on has occurred.
  29. Reveal where our passion is and where it is not.
  30. Expose our true feelings.
  31. Bring out problems in a relationship.
  32. Can be a red flag for our misjudgments.
  33. Point us in a more creative direction.
  34. Show us when we are not listening.
  35. Wake us up to our authentic selves.
  36. Can create distance with someone else.
  37. Slow us down when we need to.
  38. Can hasten change.
  39. Reveal our blind spots.
  40. Are the invisible made visible.

Reframe Reality to Handle Mistakes More Easily

The secret to handling mistakes is to:

  • Expect them as part of the process of growth and development.
  • Have an experimental mindset.
  • Think in evolutional rather than fixed terms.

When we accept change as the natural structure of the world, our vulnerability and humanness lets us work with the ebb and flow of life.

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When we recognize the inevitability of mistakes as part of the ongoing experiment which life is, then we can relax more. In doing so we may make fewer of them.

It also helps to keep in mind that trial and error is an organic natural way of living. It is how we have evolved over time. It is better to be with our natural evolution than to fight it and make life harder.

When we adopt an evolutional mindset and see ourselves as part of the ongoing human experiment, we can appreciate that all that has been built up over time which includes the many mistakes our ancestors have made over thousands of years. Each one of us today is a part of that human tradition of learning and experimenting,

Mistakes are part of the trial and error, experimental nature of life. The more you adopt the experimental, evolutional frame, the easier it becomes to handle mistakes.

Handling mistakes well can help you relax and enjoy all aspects of life more.

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Featured photo credit: Sarah Kilian via unsplash.com

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