If you’ve received gifts you really don’t want – and they’re still in the packages – try returning them. Some retailers will take them back up to a year later. If you are not sure where the item was purchased, try going online and searching. If a retailer like Walmart or Target pops up then you can return it there without a receipt and get a gift card.
Sell CDs and/or DVDs. Back up your collection on a computer or external hard drive, then sell the original discs. You’ll make quick cash and save space at the same time. If you have prized collections (boxed sets, limited-release editions, etc.), sell these individually for what they’re worth; otherwise, sell your discs very reasonably (remember, your potential buyers can also get the exact songs they want instantly by downloading them for buck or less apiece). Even for a mere $4 each, a sizeable collection of CDs can haul in a tidy – sum.
Like mentioned in a previous section, you’re going to need to do a lot of outreach to ensure you make money fast. You can’t expect to land a client with every attempt. If you’re desperate for money, you need to be desperate to find clients. So apply to at least 20 postings per day if you’re holding a full-time position. More if you’re currently unemployed. By sending personalized messages, you’ll have a better chance of landing a client which means a better chance to make money online.
You'll have to leave your house for this one, but hospitality consulting firms like Coyle rely on secret shoppers to evaluate their clients' services. Sign up to be an evaluator and you could get paid to receive spa treatments, dine at restaurants or stay at a hotel. There are lots of opportunities in other fields, too, ranging from entertainment (hello, amusement parks!) to automobiles. However, watch out for scams; check the MSPA for a list of legitimate mystery shopping companies. Earning potential: About $10 per hour
Offer to watch children or pets. If you know anyone who has children or pets, you could easily begin a side gig as a babysitter or pet sitter. To let people know you’re interested, send out a group email describing your services, post an ad on Facebook, or tell friends and acquaintances about your availability in person or over the phone. You can also create a profile on a babysitting referral site like Care.com.
Babysitting isn’t just for teens. Everyone from college students to recent retirees can make money watching other people’s children. Word-of-mouth referrals from friends and family are still a great way to get started, but you can also create a profile on Care.com or Sittercity to expand your reach. Note any specialized skills, such as CPR certifications or experience with special needs children, to make yourself more marketable.
Salvage and resell. Do you love antiques or have a knack for finding valuables at flea markets or yard sales? If you do, it might be time to consider salvaging items for resale – or even scouting out antiques to sell for a profit. While you’ll need to spend quite a bit of time searching for prospects and spend some money buying upfront, you could easily turn a profit if you know what you’re doing.
Find focus groups in your area. Focus groups are comprised of people that can provide a company, organization, or individual with feedback on a product, design, idea, etc. Monitor local postings or search a site like FindFocusGroups.com to find some in your area that you are eligible to participate in. Some of these sites promote online-only tasks, such as serving as an “e-juror” for lawyers working on a case. The pay for these tasks can be relatively good, and can be disbursed quickly.
Use the law of supply and demand to your advantage. Most of us are familiar with the law of supply and demand--the more there is of something, the cheaper it is; conversely, the rarer the product or service, the more expensive it is. However, other than when we get to a toy store before sunrise to get on line for the latest fad toy that kids can't get enough of, we don't really apply the law of supply and demand to our own lives--particularly our careers. For example, if you're aspiring to do something that many, many other people want to do (so much so that they do it for free, as a hobby) then it will be far more challenging for you to make money doing it. On the other hand, if you do something that most people don't want to do, or if you get very good at doing something most people don't do all that well, then you can make a whole lot more money. In other words, choose a career in pharmacy over photography.
What are the best ways to make money right away? While a search online when you're in need of some fast cash will produce millions of results, not all will be legitimate. It's up to you to filter through the so-called noise. These 32 strategies will help put you in the black, even if it's in a very small way. Once you are, resume planning and focusing on the bigger picture.
Another suggestion for passive income is refinancing your mortgage. Imagine, for example, that you're making monthly mortgage payments of $1,500 now and can reduce that to $1,200 per month by refinancing your home loan at a lower interest rate. That will let you keep $300 in your pocket each month. Of course, refinancing isn't free -- there are closing costs -- and you'll start the clock ticking on a new loan (typically of 15 or 30 years) when you refinance.
We need to get this out of the way first, and besides, maybe you haven’t thought of this because you’re in complete panic mode. Check the sofa cushions, your pants pockets, old coats in the closet, and your car, where spare change may have fallen between the seats. If you haven’t ransacked your home lately and cleaned yourself out, there’s got to be some money lying around.
There is no shortage of animals roaming about in RDR 2. If you can kill and skin your catch, you can take the meat to butchers to sell. It's not a good idea to ride around with your catch stowed on your house for long periods of time. Meat in RDR 2 can go bad. The longer it takes you to deliver the catch to the butcher, the less you'll receive in payment.
Most of us love the idea of earning extra income or quitting our full-time jobs altogether and working from home. If you thought work-from-home companies were just running scams, it turns out there are plenty of authentic and reliable ways to make money by working from home. Christine Durst, cofounder of RatRaceRebellion.com and consultant to the FBI on internet scam issues tells us, "There is currently a 61-to-1 scam ratio among work-at-home job leads on the internet—that is, for every legitimate job, there are 61 scams." But, there are a lot of opportunities for a "real job." The secret is knowing how to separate the scams from what's legit.
29. Videos – This could be an entire section on it’s own. Many people have made money by creating YouTube videos. Evan of EvanTube is a kid and he has made millions by creating reviews of products that other kids his age would use. It’s not easy to get views into the millions, but once you do, you’ll start seeing some cash come in. Many bloggers have completely turned to videos to get their point across by starting a video blog.
And while you’ve probably heard of selling sperm or eggs, don’t get your hopes up: Yes, the young and the healthy can sometimes earn good money as sperm or egg donors, but such opportunities require extensive screenings and long-term commitments. Donating blood (sans plasma), meanwhile, is a great and altruistic thing to do, but you generally won’t get money for it.
The prep work before you open up shop is more time-consuming. You need merchandise to sell, photos and descriptions to post, a name for your shop and a business plan to help you succeed. Once that’s done, you’ll still need to find customers. Depending on what you’re selling, that could take weeks, which is why you should expect the overall time for this gig to be slow.
Being a Loan Signing Agent is a great side hustle because you can make $75 to $200 per hour-long appointment working for yourself on your own schedule. Retired people, working professionals, and students can be signing agents and earn extra cash when they want. The best part is you need nothing more than a notary commission (which can often be attained by simply filling out an application)!
A reverse mortgage is essentially a loan where the amount borrowed doesn't need to be paid back until you die, sell your home, or stop living in it -- if you move to a nursing home, for example. At that time, the home can be sold to cover the debt, or your heirs can pay it off and keep the home. Reverse-mortgage income is often tax-free, which is another big plus. The amount you get can be delivered in monthly installments, providing very passive and reliable income in retirement.
What are dividend stocks? They are just like regular shares of stock, but with one exception: For every share of a dividend stock that you own, you are paid a small portion of the company’s earnings. Basically, you get paid just for owning the stock! If you are looking to get started with dividend investing, check out Ally Invest (which is included on our list of best investment apps).