How To Make Money If You’re Short On Cash (2024)

Wondering how to make money if you’re short on cash? Here are four ways to earn some extra funds quickly.

Sometimes, no matter how hard we try, our incoming monthly salary just can’t keep up with our list of outgoing expenses.

There’s rent, utilities, phone, car insurance and so many other things that need to be paid for that by the time you’ve settled all the bills you’ve hardly got anything left to spend.

However, there are plenty of other ways of making money quickly so if you’re strapped for cash this Christmas one of these methods could see you making a tidy profit by January.

1. Take Online Surveys

Thanks to social media online marketing and customer targeted research has never been bigger. There are now numerous sites that will pay you to study different topics, run people’s Instagram and Twitter accounts for them, especially clothes boutiques, as well give you money for filling surveys online that relate to all kinds of products, experiences, and opinions.

Not only can you earn a fair bit but there are also chances to get vouchers, rewards, and online discounts. Research companies need people to try new foods, watch TV and even play games to present accurate consumer data while you earn up to $3 per survey.

2. Use A Cashback Site

Individual retailers are partnered with online cashback websites that allow you to purchase goods through them as well as get money back. However, the payment isn’t immediate; it can take up to six weeks depending on what site you’re using, and you might have to purchase quite a few goods to make a good profit.

Still, if you know you need a particular item it might still be worth having a look to see if you can get a few dollars into a cashback account to start the ball rolling.

3. Take Out a Title Loan

A title loan is a secured loan that uses your vehicle as collateral. The loan amount is based on the value of your vehicle, and you typically have to repay the loan within 30 days. Title loans are a good option for people who need cash quickly and have bad credit, since they usually don’t require a credit check. However, they can be risky, since you could lose your car if you can’t repay the loan. Before taking out a title loan, make sure you understand the terms and conditions and are confident that you’ll be able to repay the loan on time. Different states might also have different title loan regulations. For example, if you are looking at title loans in Alaska, you want to make sure you have all the required documents. They may be different from neighboring states.

4. Sell Something

One of the quickest, easiest and most reliable ways is to sell something that you don’t want or need anymore to someone who would like to buy it.

There are countless sites that offer people the ability to sell furniture, cars, games, clothes, jewelry and even student textbooks!

Some websites will also be local to your area and show you people in a nearby radius that might be interested in buying something or have listed something that they are on the lookout for.

Goods sold online are still bound by distance selling laws and must be in a clean, viable state and the description of the listing must match the item the customer receives.

If you’re interested in selling your stuff, have a look around the house first to see what things may get you the most money.

5. Become A Delivery Driver

Online shopping is now so big that companies are employing home delivery drivers to pick up packages from the distribution center and take them to customers homes.

In the city, there are also hourly bike messengers that deliver important documents and time-sensitive packages to offices, banks, and other businesses.

Elsewhere, drivers for firms like Deliveroo and Just Eat are paid around $16 for every prompt, efficient delivery that they make, but drivers are constantly on the go and are assigned quite a few packages every day as well as often needing their own transport.

Related: 7 Reasons You Need to Consider a Food Delivery Service

6. PUT YOUR HOBBIES AND SKILLS TO WORK.

Do you play piano or another instrument? Are you a teacher? Were you a star athlete in high school or college? Do you like to bake?

Many parents look for music lessons or private sports coaching for their kids. A high school swim coach can earn extra money by teaching private swimming lessons.

A person who was a music minor in college, but now works in a different industry can also teach piano on the side. Enjoy baking? Earn extra money baking cookies and cakes.

What skill(s) do you have that you could earn money from?Get ideas here:

• 5 Smart Ways to Make Money on the Side
• 5 Ways to Make Money Online Using Your Skills
• Five No-Cost Ways to Make Money Online.