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Last Updated on January 19, 2018

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.

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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.

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      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.

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      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.

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          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?

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              Published on November 20, 2018

              The Best Ways to Save Money Even Impulsive Spenders Can Get Behind

              The Best Ways to Save Money Even Impulsive Spenders Can Get Behind

              The truth is, there are many “money saving guides” online, but most don’t cover the root issue for not saving.

              Once I’d discovered a few key factors that allowed me to save 10k in one year, I realized why most articles couldn’t help me. The problem is that even with the right strategies you can still fail to save money. You need to have the right systems in place and the right mindset.

              In this guide, I’ll cover the best ways to save money — practical yet powerful steps you can take to start saving more. It won’t be easy but with hard work, I’m confident you’ll be able to save more money–even if you’re an impulsive spender.

              Why Your Past Prevents You from Saving Money

              Are you constantly thinking about your financial mistakes?

              If so, these thoughts are holding you back from saving.

              I get it, you wish you could go back in time to avoid your financial downfalls. But dwelling over your past will only rob you from your future. Instead, reflect on your mistakes and ask yourself what lessons you can learn from them.

              It wasn’t easy for me to accept that I had accumulated thousands of dollars in credit card debt. Once I did, I started heading in the right direction. Embrace your past failures and use them as an opportunity to set new financial goals.

              For example, after accepting that you’re thousands of dollars in debt create a plan to be debt free in a year or two. This way when you’ll be at peace even when you get negative thoughts about your finances. Now you can focus more time on saving and less on your past financial mistakes.

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              How to Effortlessly Track Your Spending

              Stop manually tracking your spending.

              Leverage powerful analytic tools such as Personal Capital and these money management apps to do the work for you. This tool has worked for me and has kept me motivated to why I’m saving in the first place. Once you login to your Personal Capital dashboard, you’re able to view your net worth.

              When I’d first signed up with Personal Capital, I had a negative net worth, but this motivated me to save more. With this tool, you can also view your spending patterns, expenses, and how much money you’re saving.

              Use your net worth as your north star to saving more. Whenever you experience financial setbacks, view how far you’ve come along. Saving money is only half the battle, being consistent is the other half.

              The Truth on Why You Keep Failing

              Saving money isn’t sexy. If it was, wouldn’t everyone be doing it?

              Some people are natural savers, but most are impulsive spenders. Instead of denying that you’re an impulsive spender, embrace it.

              Don’t try to save 60 to 70% of your income if this means you’ll live a miserable life. Saving money isn’t a race but a marathon. You’re saving for retirement and for large purchases.

              If you’re currently having a hard time saving, start spending more money on nice things. This may sound counterintuitive but hear me out. Wouldn’t it be better to save $200 each month for 12 months instead of $500 for 3 months?

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              Most people run into trouble because they create budgets that set them up for failure. This system won’t work for those who are frugal, but chances are they don’t need help saving. This system is for those who can’t save money and need to be rewarded for their hard work.

              Only because you’re buying nice things doesn’t mean that you’ll save less. Here are some rules you should have in place:

              1. Save more than 50% of your available money (after expenses)
              2. Only buy nice things after saving
              3. Automate your savings with automatic bank transfers

              These are the same rules that helped me save thousands each year while buying the latest iPhone. Focus only on items that are important to you. Remember, you can afford anything but not everything.

              How to Foolproof Yourself out of Debt

              Personal finance is a game. On one end, you’re earning money; and on the to other, you’re saving. But what ends up counting in the end isn’t how much you earn but how much you save. Research shows that about 60% of Americans spend more than they save.[1]

              So how can you separate yourself from the 60%?

              By not accumulating more debt. This way you’ll have more money to save and avoid having more financial obligations. A great way to stop accumulating debt is using cash to pay for all your transactions.

              This will be challenging, depending on how reliant you are with your credit card, but it’s worth the effort. Not only will you stop accruing debt, but you’ll also be more conscious with what you buy.

              For example, you’ll think twice about purchasing a new $200 headphone despite having the cash to buy them. According to a poll conducted by The CreditCards.com, 5 out of 6 Americans are impulsive spenders.[2]

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              Telling yourself that you’ll have the discipline to not buy things won’t cut it. This is equal to having junk food in your fridge while trying to eat healthy–it’s only a matter of time before you slip. By using cash to make your purchases, you’ll spend less and save more.

              A Proven Formula to Skyrocket Your Savings

              Having proven systems in place to help you save more is important, but they’re not the best way to save money.

              You can search for dozens of ways to save money, but there’ll always be a limit. Instead of spending the majority of your effort saving, look for ways to increase your income. The truth is that once you have the right systems in place, saving is easy.

              What’s challenging is earning more money. There are many routes you can take to achieve this. For example, you can work long and hard at your current job to earn a raise. But there’s one problem–you’re depending on someone else to give you a raise.

              Your company will have to have the budget, and you’ll have to know how to toot your own horn to get this raise. This isn’t to say that earning a raise is impossible, but things are better when you’re in control right? That’s why building a side-hustle is the best way to increase your income.

              Think of your side-hustle as a part-time job doing something you enjoy. You can sell items on eBay for a profit, or design websites for small businesses. Building a side-hustle will be on the hardest things you’ll do, be too stubborn to quit.

              During the early stages, you won’t be making money and that’s okay. Since you already have a source of income, you won’t be dependent on your side-hustle to pay for your expenses. Depending on how much time you invest in your side-hustle, it can one day replace your current income.

              Whatever route you take, focus more on earning and save as much as possible. You have more control than you give yourself credit for.

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              Transform Yourself into a Saving Money Machine

              Saving money isn’t complicated but it’s one of the hardest things you’ll do.

              By learning from your mistakes and rewarding yourself after saving you’ll save more. What would you do with an extra $200 or $500 each month? To some, this is life-changing money that can improve the quality of their lives.

              The truth is saving money is an art. Save too much and you’ll quit, but save too little and you’ll pay for the consequences in the future. Saving money takes effort and having the right systems in place.

              Imagine if you’d started saving an extra $100 this next month? Or, saved $20K in one year? Although it’s hard to imagine, this can be your reality if you follow the principles covered in this guide.

              Take a moment to brainstorm which goals you’d be able to reach if you had extra money each month. Use these goals as motivation to help you stay on track on your journey to saving more. If I was able to save thousands of dollars with little guidance, imagine what you’ll be able to do.

              What are you waiting for? Go and start saving money, the sky is your limit.

              Featured photo credit: rawpixel via unsplash.com

              Reference

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