Need for money can arise anytime. You might be broke, or you need to pay for your broken phone, or you want to buy a gift for your friend’s birthday. You may not have enough money to pay for your rent, or you have to pay for your college fees. A need for quick cash can emerge out of nowhere, and you need to figure out how to get some fast cash. Luckily, we are living in 2019, and there are numerous ways to make some money quickly. This article talks about five tips on how you can generate some fast cash quickly.
Many countries have bottle deposit laws, and if you live in one of them, you can return almost all aluminum and glass bottles and cans for around five cents, per bottle. Many people are too lazy to return a pack of bottles for a few cents. If you can accumulate a big bag full of bottles, you can make a few dollars here and there. On the other hand, if you are living in a place where bottle deposit laws do not exist, you can consider returning scrap metal. Steel cans are not prevalent, but if you find aluminum cans along with some scrap metal like copper pipes, you can visit a local recycling center and can make anywhere between $5 and $20.
2. Pawn items for some cash
If you have something rare and valuable, like your dad’s train model collection of the 1950s, a coin collection you maintained for years, or your grandmother’s gold necklace; you can sell it to make some extra cash. You may not realize that almost everything is saleable, nowadays. Therefore, look into your closet, attic, and basement, and if you find anything like an old DVD collection, a cappuccino machine, or 10-year-old’s baby clothes or toddler trike, you can sell them to make some quick cash. If you go out selling this stuff, you may get some money, but the best way to sell these things is to post a free ad on Craigslist or list it on eBay.
3. Borrow some money
Borrowing money from your friends or family members can be an excellent way to get some cash during urgency. Although no individual needs a lesson on how to ask for money from his or her friends or family, the conversation may be awkward and embarrassing. The chances are that you may have to face rejection or the people you want to ask for money are not residing nearby. Payday loan stores are another legitimate way to get some cash if needed urgently. All you need to do is visit them, show your employment and identity proof along with a few references. But, you should take a loan from these stores only if you are sure about paying the loan back under their specific conditions.
Online loans can be another good option to get money quickly. All you need to do is visit your bank’s website to check fit offers a personal loan. If it does, you have to fill up a form and upload the required documents. Personal loans usually take about 10 to 20 minutes for approval. Banks will not charge you more than 18-20% interest rates. Thus, personal loans can be taken online and instantly.
4. Work Online
If you are trained in a skill which can provide some value to people, you can sell your services on platforms like Fiverr and Upwork. Let it be writing, design, testing, or virtual assistance, if you are good at a skill, you can offer your services. You can start on Fiverr by offering your services for $5, out of which you will get $4. However, you can increase your rates up to $995.
5. Become a Lyft or Uber driver
If you have a car that is in reliable condition, some downtime, insurance, and good social skills, you can make some decent amount of money. An average Lyft driver is known to make around $20 per hour and $15-$16 after cutting all the expenses. However, to make a considerable amount of money, you will have to drive a decent number of hours, especially during peak hours. It may take around a couple of weeks to receive the money, due to the background check process.