I always receive email from my readers asking me questions such as I need to make money now what can I do, and how can I make fast cash now. The reality is you can make a significant income on the side but you have to be prepared to put in the effort. You won’t be able to make thousands of dollars from home however it can be done eventually. Building a passive income stream takes time and patience. If you’re prepared to put in the hours you could start creating income now and continue whenever you need to make money.
The money making suggestions listed below are all legitimate ways to make money. Some methods are quick money and some methods are unusual ways of making cash. None of these methods involve taking out a loan or applying for financial products which require countless credit checks. These methods are legitimate ways of boosting your income.
Give Yourself a Pay Rise
Everyone can increase their income by 20 to 30% by making simple chances. Whatever you’re spending now try to find a similar product which costs 50% less. This includes clothes, food, mortgages, loans, credit cards, car payments and all other expense you have. Whenever I need to make more money I find a monthly expense which I can remove or find cheaper. Businesses are always fighting for our custom and offering discounts. It is our responsibility as consumers to find the best deal so that we can lower our expenses.
1: Create a Budget for Income & Expenses - Excellent post from Budgets are Sexy outlining 9 budgets to download from personal finance bloggers. You can download the income and expenses form and start populating the form so you can see exactly where you can save money.
2: Reduce Expenses Increase Income - Interesting article from The Money Principal which shows how to reduce expense or increase income to improve your personal finances.
3: Forty Ways to Reduce Monthly Expenses - Excellent post from Trent Hamm of the Simple Dollar offering 40 ways to reduce monthly expenses.
Get Paid to Spend Money
Every time I spend money I try to make money. You can use cash back credit cards and cash back sites fast and legally every time you shop. Suppose you spend $20,000 in a year you could get an average of 3% cash back on all items which means that you could earn up to $600 for free. I have listed all the best cash back sites and cash back credit cards so you can get started ASAP. The key is to replace all your cash transaction and debit card transactions with credit cards which offer cash back. Once you’ve made the switch you can use cash back sites to boost the free money.
4: Swagbucks - Get cash back for just spending
5: MyPoints - Cash back on household products
6: Ebates - Online cash back for virtually anything
Need to Make Money by Stoozing
Credit card stoozing is fun! You work to increase your credit score and then apply for credit cards which offer 0 percent credit for a set period of time. At the time of writing this monumental post there were offers of 24 month interest free cash on purchases and transfers. There are two methods you can use for stoozing. You can either transfer the money to your current account with a charge then put the money in a savings account which exceeds the charge. Suppose the charge is 1% for the transfer to your checking account you must find a savings rate which exceeds 1% to generate the free money.
The second way is to use your interest free credit card to make all your purchases and then save all of your income in a high interest savings account. By the time you’ve exhausted your credit limit you should have a substantial amount of savings earning a high interest. Once the zero percent period is over you can pay off the debt using the savings and have some free money left over in terms of interest. Here are some great cards to start stoozing along with some great guides.
7: Citi Simplicity Card 0% for 24 Months - Transfer to high profit bank account
10: Stoozing Forum - Find the latest credit cards offering zero percent interest
I Need to Make More Money Now
I always write online whenever I want to make more money now. Writing online is a great way to generate residual income. If you need to make money now I strongly recommend this way of making money. Revenue sharing sites share advertising revenue with content producers. If you can write a well researched article which is beautiful and helpful you could make a lot of money. If you can invest some time into learning search engine optimisation and keyword research you can make money online for free and from home. This passive income is completely legitimate and uses services such as Google Adsense to bring advertisers and content producers together. Some of the greatest online income earners are earning over $100,000 per month just writing great content on their blog. Here are some revenue sharing sites to get you started.
11: Infobarrel - Write online about subjects which interest you and receive up to 90% of the revenue depending on how active you are. There are writers on Infobarrel who have earned up to $2800 per month in passive income.
12: Seekyt - You can earn up to 99% of the advertising revenue by writing creative in depth articles on subjects which interest you. If you include keyword research and search engine optimisation into your strategy you could make up to $1000 per month.
13: Squidoo - You can generate advertising revenue from Google, Amazon and other affiliate programs. There are contributors who have made more than $12,000 per month writing quality in depth articles to help other people and to make the internet a better place.
14: Xomba - Xomba offers 60%. The site has been penalised by Google for writing low quality spammy posts but has been improving lately.
I Need to Make Money Selling Items
Whenever I need to make money I turn to selling items online. I sell all my old stuff on sites such as eBay and Gumtree.com and always buy used so I can keep my expenses low. On occasions I buy items online and then sell them on for a profit by adding value to the item. You can also sell photography, arts and crafts online. If you need to make money now and you’re creative start selling stuff by writing creative advertisements on eBay. Then start buying and selling stuff by adding value. Use free listing days to sell items for free. Here is a list of resources to get you started.
15: Become Power Seller in 90 Days or Less - Excellent eBay post from seller explaining how to sell high volume products on eBay
16: 10 Tips to Make Money on Etsy - Excellent tips from HandMadeology explaining how to generate passive income from arts and crafts
Help Need Cash Now
When I was unemployed and broke years ago I turned to the government and they helped me until I got myself back on my feet. If you’ve paid all your taxes don’t be afraid to ask the government for help if you need cash/money now. If you’re unemployed through no fault of your own then you could get anything between $300 and $450 per week on unemployment benefits depending on which state you reside in. You could also be eligible for Food Stamps through the Supplemental Nutrition Assistance Program. You could also be eligible for mortgage assistance, rental assistance through the US Housing and Urban Development. Finally you could be eligible for energy assistance through the Low Income Home Energy Assistance Program (LIHEAP). Here are all the links to get you started.
17:Unemployment Benefits For US Citizens - Weekly income for unemployed people who have lost their job through no fault of their own.
18: Mortgage Assistance - Assistance for home owners who are struggling to make payments. You can restructure or refinance at cheaper rates.
19: Rental Assistance - Help with high rents. You can either rent from subsidised landlords or use section 11 vouchers to get partial help with your rent.
20: Food Stamps - Get help from the Supplemental Nutrition Assistance Program for groceries and foods.
21: Energy Assistance - Stay warm in winter and cool in summer with help towards energy bills.
Become a Freelance Expert
More and more people are turning to the internet to freelance their skills and expertise. Sites like oDesk and eLance have merged to create Up Work which is a digital platform offering all kinds of freelance services. If you're an expert in a particular field you could advertise your services here and wait for people to hire your expertise on an hourly basis. You could also join sites JustAnswers.com who welcome people who are experienced in IT, Law, Electronics, and Plumbing. If you can offer a professional service on either of these sites you could make a lot of money.
22: Up Work - Offer your expertise as a freelance expert
23: Just Answers - Get paid to answer questions at an expert level
I Need to Make Money Now
There are so many ways to boost your income and I will be adding more posts as I find more ways to make money online and offline. Every time I needed to make money I used the money making ideas listed above and it worked. These might be unusual ways to generate extra income but they are completely legitimate. These money making ideas will help you earn money fast and legally. Making residual or passive income online/offline requires time and patience. Do everything properly and always strive to add value and quality. When you switch your thinking from making money to helping people your income will start to rise significantly.If you found this post useful make sure you bookmark it! Share it with others through Facebook, Twitter, Google Plus and Pinterest. Feel free to link to this post or contact me if you want to link a quality useful post to this site!