Regardless of how carefully you plan your finances, there may be times when you could do with some extra money. Perhaps you want to buy something special for your child's birthday, or your rent is overdue or you just want to repair your vehicle. If you are in debt, postponing the payment until you receive your paycheck will mean that you will be paying much more than necessary. Whatever the reason, given below are 10 ways to make extra money in a week.
Cut Down on Spending
Money saved is money earned, and you get to earn a lot if you do it properly. Most people unwittingly spend a lot of money on non essential services such as a television subscription or overpriced coffee. Even keeping up a drinking or smoking habit draws heavily from your finances. Take the time to find out exactly where your money is being spent every month, and cut back on non-essentials for a while. Changing a habit can also open up your schedule for other activities on the list!
Sell Old Things
One of the best ways to earn quick money fast is to sell the junk that you do not use anymore. There will be many things in your home that have outlived its purpose. Instead of hoarding things that you do not need and cluttering your available space, have a garage sale and get rid of them. You can even sell old items, including electronics and books online and earn a decent amount of money in a short time.
Use Credit Card Bonuses
Any strategy involving credit cards needs to be approached with care, and you should use this only if you are absolutely sure that you will be able to pay your bills before the due date. Some credit cards offer bonus points if you are able to meet a minimum spending amount in the first few months, while some others offer redeemable “reward points” that can be used to purchase products and services.
Work Overtime
Your job is one of the best places to look for other opportunities to earn money. If the company is facing a large workload, volunteer to do overtime and get paid more in return. Many companies offer bonuses to employees who go beyond their basic responsibilities to help the organization. Customer referral programs, employee referral programs and even taking up more responsibilities can help you earn more from your workplace. Every company has different policies, so make sure to find out where you can use your time and skills to make quick money in a week.
Part Time Jobs
If you have free time even after working a full time job, look for temporary part time jobs that can provide you with a financial boost. You may become a babysitter, pet sitter or even a house sitter for your friends and acquaintances and earn some decent cash over the weekends. You could also maintain lawns, shovel snow, paint rooms, wash cars or even help with holiday decorations in your neighborhood and make extra money in a week.
Participate in Surveys
Every business needs to know if their product or service will work with their target demographic, and they are ready to pay people who can provide them with good data. Many students make quick money by filling up online surveys during their spare time. Some companies like Swagbucks rewards you in cash to surf the web, play games, watch videos and take surveys. Look out for market research companies other services that offer rewards to complete everyday tasks, and advertise your availability so that you can integrate it into your schedule, and earn some extra money effortlessly.
Rent out Available Space
If you have a part of your property that is not being used by you, you can earn some money by renting it out. Renting out a spare room can be a great source of income if you are staying in a desirable location. You could rent out a garage or your basement to a local small business that requires space to store their products. If there are any major events close to your area, you may be able to rent out your driveway to accommodate overflow parking, and earn quick cash according to how close you are situated to the venue of the event.
Tutor Students
If you are particularly good at something that took a while to master, you could teach it to a group of students and earn some extra money. You can teach math, English, science, software packages and even musical instruments to novices for a good price. You do not have to be a master at the subjects that you are teaching, but you should be able to provide some guidance to beginners. If you are knowledgeable about a certain sport, sign up for refereeing young children in the sport season, and you stand to earn quick money fast.
Freelance Your Skills
If you have a set of skills that are in demand, put them to use and offer your services to companies or individuals who require them. You can design websites, edit written content, manage social media profiles or even organize tax records. Most of the freelancing require nothing more than a steady internet connection and some free time. You may even use the skill sets you developed at your present or previous jobs.
Become a Test Subject
Medical research facilities and behavioral science universities are always on the look for test subjects. As such institutions study human beings, they are ready to pay for having a group of unbiased test subjects to prove their theories. Certain trials for psychological studies may require you to perform odd tasks, like staying awake as long as possible, while medical trials may require people with certain conditions, like high blood pressure. Either way, make sure that you approach reliable universities and hospitals.
There are many other ways that you can make extra cash in a week. Keep your eyes open for opportunities and inform your friends and acquaintances about your availability so that they can refer you to the right places. With a little bit of hard work and enthusiasm, you can earn quick money fast and boost your finances in no time!