I need $10,000 dollars by tomorrow! That’s what a lot of people say. However, you don’t have to be in a tough situation like this to know that money is really tight right now.
If you’re one of those people who are running out of cash and are having trouble paying your bills, it’s time to look for some extra income.
There are lots of ways to make extra money online, but finding the best methods is key.
In a world of social media, smartphones, and free apps, many startups are founded on the notion that anyone can make money. It’s only natural for them to want cash in hand—as quickly as possible.
10 Crazy Ways To Make $10,000
Sell Everything You Own
Turn off your phone, internet and mail. Cut all ties with arizona! Move to a much cheaper place. If you are serious about saving $10,000 dollars get rid of everything that you own.
Discontinue paying bills as well such as broadband subscription in case current ISP decides to cut its service/provide less bandwidth for the same price because that would be bad news right? In under 5 days I managed to save $10,000.
While on this foreign travel you may be tempted to go shopping when fun is offered but carefully monitor your spending so as not get caught in the trap of purchasing things that are unnecessary and irrelevant at times like parties or gifts for colleagues.
Rent Out Your Space
With all this clutter in your living space, how much does it cost you to have a place like that? I know what you’re thinking — what about my stuff?!
Don’t worry, I have another idea. How about you rent out some of your empty rooms with Thumbtack? Interview the landlord , and they’ll help find a tenant who will pay enough money to cover their costs as well as yours.
Remember, not every room is used for storage! For example, I use an extra bedroom (usually a guest room) to store things like books and toys when visiting family as a short-term situation.
I realize that my stuff isn’t forever, so it’s not a deal breaker if I had to pay them $25/month for 2 years.
On average you can rent out rooms for around $10 per foot , which is about the same amount of money that most people spend on renting storage space these days!
Plus in all honesty, this commuting lifestyle has been easier and more flexible than living with lots of roommates.
Rent Your Car & Stuff
Rent Out Your Car: It’s possible to rent out your car to others, especially if you drive a luxury car. So far I’ve heard of two websites that allow you to post an ad for a rental: LeasePlanner.com & WhatsYourCarTerm.com .
The great thing about both these sites is that they handle the payments (payments will be deducted from your credit card or bank account).
You can choose how long you want someone else to have access to it (daily, weekly, monthly) and have them pay for everything upfront or periodically before leaving the vehicle.
Cars under $10,000 can be easily rented out without any ad on Craigslist. Just check the classified ads and meet new people who may be able to rent your car, or give away their vehicle for free if you have a really nice one that fits the criteria (cost over about $4-$5k).
Rents between these ranges will require an ad in Craigslist cars , although this again isn’t as effective nowadays since it’s almost all scam-advertisements.
Start Driving Or Delivering
Maybe you get paid to drive or maybe you have a lot of extra time in your day. Either way, driving is one of the easiest ways to make $10,000 every month.
Our good friend Scott Edward Walker has built his career around being an Uber driver – and he makes it work! Imagine if you could take advantage of all the hours that are “wasted” in traffic?
Start Driving: If there’s no pay involved, then start driving without any consideration for potential risks or costs. But we know what you’re thinking… It’s dangerous!
We initially thought so too and it was such a big “no-no” for us before we realized that yes, it is dangerous as some people do drive drunk or get distracted and get into accidents.
But with careful monitoring you can easily avoid these mishaps by enforcing right of way rules like never stopping in front of another car , maintaining constant speed and paying close attention while driving to maximize safety (and income).
Gameshows, Sweepstakes, And More
Don’t want to put forth the effort of driving? Or you’re not comfortable negotiating pricing with people? Maybe you just want to get paid quickly and in a constant way. Well then, I have some great news for you!
You can make money through several different ways – many of which don’t involve sitting behind a wheel. You can earn $1,000 per day playing games on TV or earning cash back with surveys. Or there’s always the work at home investment opportunity with my favorite: stock trading .
Get Your Freelance Hustle On
Ok, so maybe you don’t think you will ever make money with freelance work. But, there definitely is a place for this kind of thing. You can try your hand at writing or editing articles – these sites often have contests where they pay people to write articles on certain topics (like health and nutrition).
If that’s not what you’re looking for then check out places like Fiverr , which allow people to post gigs where they will do almost anything (from software testing to computer repair), and in return get paid five dollars per gig completed. Definitely a good way to learn the ropes and see if this is something you might enjoy.
Invest In Real Estate With Friends
Once you have your finances together, the last thing you want to do is lose it. Set aside a large portion of it for a down payment on real estate.
You’ll need enough money to pay off any outstanding debt and save up at least $10,000 to be able to buy two individual dwellings in good neighborhoods.
Once again, looking back over my years as an entrepreneur, I had saved up enough money from freelance writing by age 21 that I could make $25k as an investor in real estate with friends/family members.
I also saved up some money towards school so that after I graduated college, I could purchase and fix up a house that we’d be living in for cheap rent (which is just what I did).
And here’s the most exciting thing about buying property with friends/family members – RE tax you can write off on everyone’s taxes!
Lend Money To Others
Like I said, we believe in crowd-funding for real estate. But what if you’re looking for a way to start investing in stocks and bonds? The obvious answer is to borrow from the stock exchange.
You might have heard of the debt snowball method, but there’s often no time like the present when it comes to learning about investing!
So perhaps then you should consider borrowing money from others!
Match up your spending habits with someone else who does. Let them know that you’ve got some extra cash and are willing to lend it out at low interest rates as long as a couple of things.
First, you must have a loving family who will make sure to repay the loan at this low interest rate and second that all financial dealings are done over the phone remotely so both parties can remain anonymous.
Start A Money Making Blog Or Website
Create a website (or software application) – or start a blog on the topic that you think is super fun and helpful to others. The internet holds tons of unique opportunities for making money online, but sometimes viewing paid ads can be costly!
If this statement sounds familiar it’s because everybody has heard about Google Adsense program since an individual was awarded $4 million as a result of earning 3 cents from 1000 views back in 2006 when one had only just developed their first circle site at Google .
Become A Surrogate
Surrogates can earn $6-$10,000 by having their baby. Here are some details about surrogacy:
How much money you make is based on the amount of money you spend to have a baby and the number of babies you want to carry. The one place online that I found listed all the expenses associated with surrogacy was GoBabies.
Basically, this will give you an idea of how much your surrogate would get paid if they were working with these companies as opposed to being a surrogate full time (for example probably more or less than $100k).
I think it’s fair to expect that many of the surrogate fees would be negotiable especially all in with independent agency spendings more than any multiform agencies.
Don’t forget to inquire about their policies on who can get a baby for donation and what’s up w/raising it as opposed to adopting, so make sure you know them inside and out before going through with surrogacy opportunities!
Donate Your Fluids
In a time of U.S. food insecurity, you can make a change for less fortunate souls in need by donating your excess liquids from any liquid product (like juice or water bottles).
You’ll be helping the community, plus it only takes five minutes of your time each week to donate by going through an easy download process on Pure Life’s website and completing their donate sheet.
What Is The Best Way For Making Extra Cash?
After all your honest efforts in busting out, using the internet and creating different sites from scratch is enough for starting off but it does not make you rich immediately. So what are some ways that you can cash in without investing a lot of effort?
First: Create Your Own Business Network (B2B)
By doing this via affiliate marketing at places like Google , Yahoo or MSN merchants will pay a commission when people (visitors to their website) buy products through our links.
This money would be paid by us as advertisers or affiliates on such networks from where we don’t get any money on the sales.
Pressing our ads at a prominent place would suffice to get more people willing to click our links and this process will keep going until he faints in exhaustion as business owners are desperate for traffic too.
Conclusion
The good news is that there are a lot of ways to make money at home. If you’re looking for more than just passive income, it’s time to start exploring what options are available to you.
In order to get started, I recommend that you first understand your financial situation and your goals before making any investment decisions.
To help with this process, please complete our free finance questionnaire below so we can find out where you stand today. I expect now you know I need $10,000 dollars by tomorrow.
Frequently Asked Questions
1. Should I Seek Out Financial Counseling Or Advice?
There is no right or wrong answer when seeking financial counseling or advice. Ultimately, your decision will depend on your circumstances and needs. When it comes to financial counseling, it is important, to be frank, and honest with your counselor about your income, spending, and savings habits. The counselor can help you create a plan that meets your specific needs and goals. Financial advice can also be a great way to understand your finances. However, be aware that not all financial advisors are legitimate and licensed professionals. Make sure to do your research first before deciding to work with any financial advisor.
2. How Can I Create A Budget And Stick To It When I Have A Lot Of Expenses?
Creating a budget is essential when you have a lot of expenses. By understanding how much money you’re spending each month, you can better manage your money and stay within your means. Start by creating a list of your expenses, including rent, bills, transportation, food, etc. Once you have a list compiled, start dividing your expenses into specific dollar amounts for each category. From there, create a monthly budget that reflects your actual expenses and stick to it as closely as possible. If you’re slipping up from time to time, make a list of what you could cut from your budget to help you get back on track. Remember, adjusting your budget gradually is usually the best way to make it last throughout the year.
3. What Are Some Common Causes Of Debt That People Encounter?
People encounter many common causes of debt, but the most common ones include credit card debt, student loan debt, and car loan debt.
4. What Are Some Tips For Paying Off My Debts As Quickly As Possible?
There are a few things that you can do to help you pay off your debts as quickly as possible. 1. Try to get organized and set a budget. 2. Make a list of all of your debts and figure out how much you can realistically afford to pay each month towards each one. 3. Compare interest rates and find the loan that offers the best deal for you. 4. Speak with a credit counselor or debt consolidation specialist to get advice on how to pay off your debts more quickly and reduce your interest rate overall. 5. Use online calculators like this to see how much money you can save by paying off your debts faster. 6. Consider applying for loan forgiveness or bankruptcy if you feel it’s the best financial and emotional option.
5. Is There Anything Else I Should Do To Help Me Reduce My Debt Burden Faster?
There are a few things that you can do to speed up the process of reducing your debt burden faster.
- Get organized: One of the first steps in reducing your debt is to get organized and start tracking your expenses. This will help you identify where you can cut back on your spending and free up more money to pay off debt faster.
- Use a budget: Creating a budget is another way to track and manage your spending, and it also helps to motivate you to stick to your financial goals.
- Consolidate your debts: If you have multiple debts from different lenders, consolidating them into one loan may help you reduce your interest rates and monthly payments.
- Apply for government programs: There are many government programs available that offer incentives or interest rates reductions for those struggling to pay off their debt.
- Speak to a debt advisor: If you still struggle to pay off your debt, consider speaking with a debt advisor who can provide you with tips and advice on reaching your financial goals faster.