Advertising
Advertising

How to Make Money Right Now

How to Make Money Right Now

If you need to make money quickly, there are several ways that you can do so without becoming overwhelmed or stressed. First, you need to ask yourself just how quickly you need it. Do you need it today to pay a bill or do you have a few weeks? Do you have to have the cash in your hand or can you wait a month to send an invoice? Asking yourself these important questions can help you to decide exactly what you need to do to make this side cash happen. If you need ideas, please check out the examples below, which are broken down by category.

Extremely Fast

If you need money today, there are a few ways that you can get it. First, head to Facebook and ask if any of your friends need a babysitter for that night. Make sure that you describe why you would be a good babysitter, including any previous experience you may have had working with children and ideas you have for making the night fun for them.

Advertising

Plato’s Closet
    Plato’s Closet 2

      While you are waiting for someone to respond, head to your closet and see what clothes you no longer wear. Take these clothes to a store like Plato’s Closet, where they will sort through items and give you cash on the spot. Remember, many secondhand stores also take shoes, purses, and jewelry. When you bring your items, make sure they are clean and organized. If you go to Plato’s closet and dump out wrinkly clothes on the counter, they will not be impressed. If you go in there with ironed clothes that are all sitting neatly on hangers, you will have a much better chance of selling them.

      If that doesn’t work, remember that you can head to a Pawn Shop. Pawn Shops can give you loans on items you love or cash for items you no longer want. Remember to read the contract of any Pawn Shop you do business with. For example, most of them will claim ownership of your item if you don’t pay the loan back in a few days. If you have a unique item and they aren’t sure what it is, be sure to describe it to them in detail so that you can get the best offer possible.

      Lastly, if you have a few pieces of furniture you no longer want, you can list them on Craigslist. If it’s a desirable item, it’s very likely that someone will come pick it up the same day you list it and give you cash for it. Make sure to take pictures of your item for your ad in a bright, sunny room. Stand back far from the item and zoom in. This is better than trying to get a detail shot. You don’t need a fancy camera to sell items quickly. You just need a simple camera and a lot of sunlight to get the job done.

      Advertising

      A Few Days

      If you have a few days before a large bill is due, you’re in good shape. One of the best things you can do to make money is hold a garage sale. I try to hold a garage sale once a year, and I consistently make $200-$500 every time I host one.

      If you’re going to have a garage sale, the only way for it to be successful is to be organized. Make sure you sort through your items carefully and label them with prices. Many people are too bashful to ask what the price of an item is, so if they are unsure, they might walk away. Also, check to see that everything you sell is clean, washed, and tidy. Clothes that are pressed and hung up on a line will sell much faster than a pile of clothes in a box. You should also advertise your sale with big, bright signs that have large letters and are easy to read. Also, place an ad on Craigslist.com with great pictures of your products. This will act as a “sneak peek” to those who love frequenting garage sales.

      Advertising

      Craglist garage sales
        eBay Sales

          Another way to make money if you only have a few days is to sell items on eBay. You can typically set items to sell in just a few days, and you can have the money in your PayPal account instantly. If you are going to sell on eBay, you have to have excellent pictures. To achieve this, make sure to take photos of your items in a place where they have enough light. Make sure pictures aren’t blurry, and write as much detail as possible in the item description in clear, easy to understand English.

          A Few Weeks

          If you have a few weeks to spare, and you want to try to make some side income, you definitely have the time to develop a side business. All you need to do is identify a talent that you have. This could mean refinishing furniture, freelance writing, mowing the lawn, building websites, helping a business with their social media, editing videos, or anything else you can think of. These jobs might take a few weeks to create and promote, but once you do, you could easily make thousands of dollars a year.

          Advertising

          Fiverr
            elance

              Some great websites to look into for promoting your side business are Fiverr.comUpwork, and Odesk.com. Remember that when you set up profiles for these websites, you are representing your company and your brand. Describe your services in great detail. Make sure that you have no grammatical errors in the description. It’s also wise to include a portfolio, links to your work, or recommendations from others. Additionally, remember that if you choose to build up a side gig business, reputation is everything. Whether you are working for a close friend or a stranger online, make sure that you always produce top quality work so that it can lead to referrals down the line.

              All you need for this money making tactic to work is a little bit of time, patience, and a very strong work ethic.

              Ultimately, you can see that making money quickly is not as hard as you think. Once you know your time frame and exactly how much extra money you need to make, you can set goals and work your hardest to achieve them.

              Do you know of any other ways to make money quickly? Have you ever tried one of the tactics above?

              More by this author

              How to Make Money Right Now 11 Reasons Why It’s Important to Follow Your Dreams How to Have a Successful Garage Sale 30 Money Questions to Ask Your Fiance BEFORE Marriage 42 Amazingly Free Things That Will Make You Smile

              Trending in Money

              1How Much Money Do I Need to Retire? Find Your Answer Here 2The Ultimate Guide to Make Saving Money Fast and Easy 36 Easy Ways to Treat Yourself 4A Random List of Unique Gifts 525 Things to Sell to Make a Lot of Money

              Read Next

              Advertising
              Advertising

              Published on June 12, 2018

              How Much Money Do I Need to Retire? Find Your Answer Here

              How Much Money Do I Need to Retire? Find Your Answer Here

              It is never too early nor is it ever too late to start planning for retirement. It ultimately depends on your way of life, where are you living, and whether you need to let go of anything. A successful retirement strategy is to have enough pay to cover your expenses with a little cash going into a savings account for sudden financial needs.

              With regards to retirement, we all have an alternate vision in mind. In fact, some think about traveling throughout the world, while some think of a peaceful life with their grandchildren. Whether we get ready for it or not, we will one day turn to retirement age and so, we should be prepared for it. I’m going to tell you how in this article.

              Benefits of early ventures for retirement

              The way this works is you figure out where you need to live, the amount it will cost you to live there (rent/food/transportation), and the various expenses you will need to account for, like travel/insurance/medical bills and taxes. Many people are struggling to put aside money for their future savings and some haven’t started yet. Think you can put off thinking about retirement? The reality is that you need to start thinking about it right now, and putting aside some money from today.

              There are a lot of benefits of taking early steps towards retirement. Utilize the power of compounding, low investment for targeted corpus and you can create more corpus investing the same money:

              • If someone saves $100 every month and starts investing for 30 years at 10% return, initially you will see that within 5-10 years, your investments will not multiply. However, after that period, the corpus will increase immensely with the impact of compounding. The investment period expands the extent of profits increments in the corpus.
              • Suppose there are two people, one aged 30, and the other 40. Both need to resign at 60 with the same retirement objectives of $300,000 USD each. Both will put resources into an investment with 10% of the return. Thus, to accomplish their retirement objective, the younger one needs to save $100 USD / month and the older one needs to collect $300 USD / month. Since the older one has started investing ten years later than the younger one, he will pay more than double what the younger one will pay.
              • If someone saves $100 USD every month and starts investing at 30 years old till 60 and gets 10% annual return, his corpus becomes around $170,000. Otherwise, if he starts the same amount spending at 40 years of age with the same 10% return, he will have around $57,000 USD. He can profit by just investing ten years early.

              You can’t invest too much money in retirement during the early stage of your career since you may have different objectives. However, you can increase the investment gradually if you start investing just a small amount.

              Advertising

              Average retirement age

              For many people who are nearing retirement age or recently resigned, one of their most significant financial regrets is that they did not focus on saving for their golden years. As per the Consumer Reports study, it demonstrates that only 28% of investors with the age of 55 years or older are pleased with the way they have saved for retirement.

              As per the report, The Economic Policy Institute breaks down how much Americans have put away.[1] Since you know that when the majority of people retire, you can subtract your age from that more significant number and check down what number of more years you need to work.

              But many retirees go back to work. Some of them do part time job while others do seek for a second career. Some even come back to full-time work and then retire again in a couple of years. So deciding their retirement age could be tricky.

              Average retirement savings

              To get retirement started, saving is pretty easy, though it can seem complicated. These simple five steps will make you go on retirement now. So, you don’t need to stress over having the same regrets as today’s retirees.

              1. Invest 15% for your retirement

              Your initial step is to save 15% of your income. This will depend on your gross income and does not include any coordinating assets you get through your employer’s retirement plan.

              Advertising

              It’s sufficient to enable you to achieve your retirement investment funds objectives, but not too much to keep you from enjoying your income today.

              2. Utilize tax-advantaged retirement plan

              Yes, we utilized the T-word; however, don’t daydream! Split your 15% retirement contributing budget between charge conceded retirement plans like your 401(k) or after-tax plans like a Roth IRA.

              3. Invest your money around

              To put it all in one place is the most significant risk that you can take with your retirement money. With mutual funds, however, you can invest in the biggest and most recognizable brands as well as that new organizations you’ve never known about but has a lot of growth potential.

              Opt a growth-stock mutual fund with background marked by solid returns for both your 401(k) and Roth IRA speculations.

              4. Stay with it

              Since mutual fund investing is less risky than investing in single stocks, it is not risk-free. You can see your savings grow in the long term as long as you can leave your money where it is and keep adding to it.

              Advertising

              5. Work with an investing professional

              It is essential to look for an investment professional, as you must have a lot of queries concerning your retirement plan during 30 or more years of investing,

              Never make due with an investment professional who recommends or patronizes you to turn over all your investment choices to them. Since this is your retirement, nobody will think or care about it more than you do!

              You might analyze or compare your savings against the average retirement savings for your age group to check whether you’re falling behind or getting towards of the curve. On the other hand, it might be conceivable to hang up the work boots and hit the shoreline with fewer savings if you live easily or below your means.

              How to achieve your financial goals?

              An ideal approach to achieve your financial goals is to stay focused on what you need for your future, ignore everything (and everyone) else that may divert you. There’s a significant business culture out there that requires you to stay in debt, live for the occasion and stress over your future later on.

              You need to start planning for your future from now, not when you have more time or money to invest. You can even talk to a financial advisor for any help. Cooperate to set your money goals and make an action plan to reach them. You can retire younger than you thought you could if you create a project and follow up on it.

              Advertising

              Start planning for your retirement

              A lot has changed in the last 30 years; our previous generation had an career goal and they would join either a large private company or a government organization immediately after school or college. Then they would spend the next 38 years in the same organization and the form of provident fund and gratuity. They would retire with a decent corpus and they would later spend the remaining time with their pension benefits. It’s a bit different now, but with the above information, you’ll be well prepared.

              Whether you can afford to retire now or not, you need not bother with a retirement calculator to get a rough estimate. You should have the capacity to closely approximate your daily spending habits to figure out how much money goes out the door every year.

              Featured photo credit: Pexels via pexels.com

              Reference

              Read Next