If you are looking to make quick cash, then you need to do so sensibly. A lot of people when it comes to making fast money make reckless and irresponsible decisions. Some even behave criminally, in order to get money.
Making some quick money can be challenging, but it is possible. The first thing that you need to do is to research, then prepare, and then carefully implement all of your ideas. If you haven’t got any ideas yet, then this post’s got you covered.
Payday Loans
If you need money fast, then your best option is to take out a loan. There’s nothing faster than a payday loan. You can get a quick £100 loan in as little as ten minutes, sometimes less. If you are going to take out a loan then it’s a good idea to check out your credit score using one of the internet’s many credit report providers, so that you know what your application’s outcome will be. If you have bad credit, then you won’t be able to get a loan.
Related: What Is Payday Loan Relief, and How Is It Useful?
Family Borrowing
An alternative to taking out a loan is to ask your family (and even friends) if you can borrow money from them. The difficulty with borrowing from loved ones is if you do not pay them back, that you can put a serious strain on your relationship. Make sure that you only ever borrow from family and friends if you are confident that you will be able to make repayments according to your pre-arranged payment plan. You also need to remember that loved ones might agree to lend you money, even if they themselves are struggling, so ask responsibly.
Related: Family Drama: How to Negotiate with Your Loved Ones Without Hurting Each Other
Day Work
There are some jobs where workers are paid at the end of the day. A very common form of ‘day work’ is construction work. If you have any connections in the construction industry, then you might be able to find work for a week or two there. While you won’t get a massive amount of money, you will still get a quick cash injection that can help with paying bills. You could even continue working the construction job full-time. The more you work, the more likely you are to receive a raise. Some construction workers earn the same amount as lawyers and doctors.
Online Surveys
Online surveys can be another effective way of making money online, although it’s important to say that despite the fact it is theoretically possible to make money filling them out, you won’t make a lot of money. Filling out surveys can also be very stressful because there are tens of pages that you have to complete before you can access your money. In some cases, surveys don’t even send you money despite you having filled them out. In spite of this, if you find verified surveys, then this isn’t a problem that you should experience. On average, you can expect to receive around £5 per survey.
Related: 10 Flexible Side Hustle Ideas For Moms To Try This Year
Digital Selling
If you know how to use e-commerce platforms eBay, Etsy, and Amazon, then you could consider listing a few of your things on them and selling them. These platforms can be a great way of making a little bit of extra cash, although you do have to sell your stuff before you can get it. Using these platforms is relatively straightforward. You don’t have to be an expert to use them, so even if you haven’t used them before feel free to try this method out. Remember that once you have sold something on these platforms, your money’s held until the buyer receives their parcel and is happy with it.
Pawn Shops
A physical alternative to e-commerce shops is to go to pawn shops. Pawn shops are shops that buy your belongings from you. If you have any desirable electronics, then you will be able to take them into a pawn shop and receive money on the spot for them. If you are going to a pawn shop you will have three options. The first is to outright sell your goods, the second is to exchange them for something that’s in the store, and the third is to sell the goods with an opportunity to buy them back at a later date.
Related: Best Pawn Shops You Can Sell Your Items On?
Work Advance
If you already have a job but it isn’t paying well, then you could ask your boss for an advance. A work advance is an effective way of getting a quick cash injection, although it can be somewhat difficult to get. If your boss isn’t the most approachable then asking them for an advance might be difficult. An alternative to an advance is to ask your boss for a raise. Asking for a raise can also be very challenging if your boss isn’t accommodating or understanding of your needs.
Overtime
If you don’t want to ask for a raise or an advance, then you could ask to work overtime, as long as you can balance it with your other responsibilities. More often than not, workers are paid double for overtime. This means that if you earn £100 a day, you will earn £100. Overtime is an effective way of making extra cash, although it’s important to know that it can be very stressful and can result in you developing burnout. There are plenty of studies that show that frequent over time can result in fatigue and anxiety. When you do work overtime, make sure that you’re comfortable doing so.
Freelancing
Lastly, consider online freelancing. While online freelancing won’t act as a quick cash method, unless you already have clients or a job, it is still a good way of making some money on the side. There are plenty of things for you to do online, from writing to graphic design. It’s best to use your specific talents to find work. If you have a specific interest but are a good writer, then you could consider writing about that for a publication that specialises in it. Freelancing work can be very stressful (and extremely tiresome) but can earn you a lot of cash.
Related: Best Ways to Find Freelance Writing Jobs for Moms at Home
Earning a little extra money on the side can be challenging if you don’t know where to start. Whatever you do to earn extra money, make sure that you are comfortable doing it, and are sure that the money that it will give you will benefit you somehow.