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Wednesday, 30 March 2016

Quick Ways to Make 1000 Dollars - 10 Ideas to Make a Thousand

Quick Ways to Make 1000 Dollars 

Recently I received an email from a reader of The Millionaires Giving Money Blog. The reader was a single mother who was unemployed and was living on welfare with help from her parents. The young mother asks the following question which has been abbreviated. 

Dear The Millionaires Giving Money Blog, I am a single mother living on a very low income which is probably below the poverty line. Can you give me some quick ways to make 1000 dollars? 

This email compelled me to put my thinking cap on because I admire people who want to dig themselves out of poverty. So in this post I will be sharing strategies for making a quick 1000 dollars so the reader and many like the readers can improve their quality of life and standard of living. All of these ideas to make a 1000 dollars quick are legal and legitimate and you wont be breaking any laws. 

As long as you are consistent and patient you will start to see money coming in, In the past I have experienced poverty and it wasn't very nice living paycheck to paycheck, everything does get better as long as you strive and have faith in God that your circumstances will improve. So without Further ado here are the ideas and strategies to make a thousand. 

I Need 10,000 Dollars RIGHT NOW

I Need 5,000 Dollars RIGHT NOW

I Need 2,000 Dollars RIGHT NOW

Make a 1000 Dollars Quick 

1: Tighten Up Your Budget 

This might not seem like a make a quick 1000 dollars idea but I think its very important. One of the most important points to remember when making money is the following - The Quickest Way To Make Money is to Stop Hemorrhaging Money. I see so many people trying to get ahead with decent salaries only to blow their hard earned wages on things they don't really need. 

So the first thing that you need to do is go through your budget and cut any superfluous expenses. You should also call everyone you make a monthly payment to and negotiate a better deal, this might include your insurance company, mortgage company, loan companies, credit card companies. Your aim should be to trim as much excess expenses as you can because they you can divert that money to the more important things in life. 
Resources: 40 Ways to Save on Your Monthly Expenses

2: Ask To Work Overtime and Weekends 

The rate of pay which you get on overtime and on weekends or unsociable hours are sometimes twice as much as the normal rate. When I worked as a retail assistant during my years of poverty I made a lot of extra money by working nights and Sundays when they pay was twice as much as normal. 

I was able to make a quick 1000 dollars above my normal salary just by putting in more time at work. This might not seem like a get rich quick idea but every little helps and when your not making money you're spending money so this strategy helped to get me expenses under control. You should definitely meet with your line manager and ask if you could be given more overtime. 
Resources: Living Paycheck to Paycheck? How to Get Ahead

3: Ask For a Pay Rise 

Another 'relatively' quick way to get 100 dollars is to ask for a pay rise. There are so many employees in the US and UK who are paid much less than they are worth just because they don't speak up. There are employees who get paid more then their productivity because they have a big mouth. 

What you need to do is to understand your level of commitment to the job and increase it as much as possible. Once you've put in the hard work you can legitimately ask for more money. This is a great idea to make 1000 quickly because sometimes you can ask for twice what you are paid once you make a significant contribution as an indispensable employee. 
Resources: How to Ask for a Raise

4: Reduce Rent or Mortgage 

Your rent and mortgage payments take a big bite out of your income so it makes sense to try and cut these as much as possible. With mortgage rates at all time lows it might be time to give your mortgage provider a call to see if you can make a quick 1000 dollars by saving money on your mortgage. Ask for a lower rate and see how much you can save. During my years of poverty I was able to save nearly $700 just by making a quick call to my mortgage provider to change rates.  

If you're renting your property it might be an excellent idea to downsize or even take extreme measures and live in a trailer so you can save enough money to get yourself out of poverty. The ultimate aim to making money quickly is to save as much as possible and then use that money to make your future so much better.
Resources: 6 Questions to Ask for Lower Mortgage Rate 

5: Borrow Cheap Money 

If you need to make a quick 1000 dollars one idea might be to take out an interest free quick 1000 loan from your parents or friends. I have been in situations where I needed money quickly and turned to my family for help. The key to getting a quick 1000 dollar loan from your friend or family is to make the arrangement professional. 

When I asked for money I created a loan agreement and the dates of when I would repay the money. I would even put down a security such as a laptop, phone or even my car. Your family and friends will help if they truly believe you have the intention to pay them back. 

You can also look for interest free credit cards that allow you to deposit money into your account or credit cards that offer zero percent on purchases. Using a interest free credit card as a quick 1000 dollar loan is great because you don't have to pay interest, you'll only pay off what you borrows and improve your credit score in the process. 

6: Sell All Your Unwanted Items

One great way to make a quick 1000 dollars and feel lighter in the process is to sell items you no longer need. You need to be mercurial and relentless and find things that have value but you no longer need. Take a photo of all these items and put them up for sale on eBay when you don't have to pay fees. Your aim should be to find enough items to make quick 1000 dollars. 

I have done this exercise a few times and I came very close to breaking the thousand dollar mark. I sold all the items that were surplus to my requirements on eBay and made $836.50 which is not bad. Not only was I laughing all the way to the bank but I felt a sense of clarity and simplicity in my life because I did not have so much rubbish to look after in my home. 

7: Sell Products for Other People

Another great way to get 1000 dollars quick is to help others to sell their crap. Offer a service in your local community asking people to donate their unwanted goods. You can then sell all these items and make money in the process. One great way to make people part with their rubbish is when its for a good cause so offer to give 50% of the proceeds to a nominated charity to get people to donate. 

A close friend of mine tried this strategy and it was a success and he continues to do this to this day collecting items and then maximizing the profit on eBay by posting excellent pictures and descriptions and making 50% in the process. 

8: Rent Everything Out 

I keep banging on about this strategy because its a great way to get a thousand dollars quickly. All you have to do is make a list of all the items you can rent out. The list could include rooms, storage space, vehicles, electrical equipment, and parking space. Put all of these rent-able assets for hire and watch the money roll in. 

At the moment I have rented a room out in my home which helps me to pay the mortgage. I have also rented out my parking space and storage space which pays for my energy bills and grocery expenses. Any money I make I keep saved in the bank which is invested for my future.  

9: Freelancing 

Another quick way to earn a thousand dollars is by freelancing a skill or expertise you have. If you don't have any expertise don't worry because you can easily become an expert at something your enjoy. I love setting up websites for other people and offer this service on sites like upwork.com. 

I charge a hundred dollars for the service which includes a year or servicing when required and I usually get about 5 to 10 jobs per month. If you like the idea of freelancing find something that pays well which is also something you enjoy doing. It might be creating logos or setting up sites. Whatever it is providing you offer exceptional service you can potentially make a thousand dollars quickly. 

10: Invest in Yourself 

I always advise others to invest in themselves if they want to make money quickly. You should invest in personal finance books, investment books and seminars and courses that teach you a skill which can be monetized. If you can raise your level of knowledge and expertise you can make better decisions with your money, you could ask for a raise or charge more money for your freelancing. The more you know the more people will pay you for that knowledge.  

Ways to Make a Quick 1000 Dollars  

All the ideas and strategies listed above are great ways to make a thousand dollars. All these ideas also apply to people who live in the US, UK and Europe because I also get emails from readers asking how to make £1000 quickly or how to make 1000 Euros quickly. All these ideas are tried and tested so you will make money as long as you persevere and keep on trying. 

I love hearing from the readers of The Millionaires Giving Money Blog so feel free to leave a comment to share any ideas you have. If you have experience of making money using these ideas feel free to share your experience as I would love to hear from you. Good Luck and don't forget to follow The Millionaires Giving Money Blog on Google+. Also be sure to check out the posts below for more ideas.

I Need 10,000 Dollars RIGHT NOW

I Need 5,000 Dollars RIGHT NOW

I Need 2,000 Dollars RIGHT NOW

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