Business

Fast Money: 3 Quick Ways to Get Cash When You’re Flat Broke

Are you aware that 29% of Americans have been jobless for over a year? 2020 and beyond has been rough on many people for various reasons. With so many out of work, they have been scraping by trying to survive.

What options do these people have when they can’t find work fast enough? When you need money, you need it yesterday, right?

The good news is that these days there are tons of quick ways to get cash. Unsure of what they are? Read our guide below to find out.

1. Sell Stuff

You have money around you right now, but you don’t even realize it. If you take a look around your room right now, do you have any unused items? Of course, you do!

Why not turn those unused items into something that could help you in the short term? This is one of the tried and true quick ways to get cash. Selling things online has never been easier with Craigslist, eBay, and Facebook Marketplace. Just snap a few pictures and post a short description, and you will see cash show up in no time.

If you prefer a more conventional approach, you could set up a garage sale outside your place. Post flyers around your neighborhood and wait for those friendly faces to show up. Can you think of some easy things to sell for cash?

2. Rent Your Space

Speaking of the space you’re in, why not rent it out? Apps like Airbnb and Vrbo make this an effortless experience. Travelers and locals will appreciate being able to crash at your pad. You can customize it to your liking and make it more attractive as well by offering things like WiFi and Netflix.

When thinking of quick ways to get cash now, this is a superb place to start. Create a profile with your name, e-mail, and social media accounts. Both host and guests go through a vetting process.

How much can you expect to make through renting a room or home? On average you can expect ~$200-$10,000/month. This is dependant on your rate and how often you will be renting your space.

3. Gig Economy

These days, you don’t have to rely on one income source. With the emerging gig economy, you don’t even have to rely on a 9-5. Apps such as Doordash, Uber Eats, Uber, and Lyft allow anyone to earn money on their own time.

The great thing is you are your boss. You get to create your schedule and earn as much as you’d like. With a car, scooter, or bike you could hit the road and be making money right away

This is one of the best ways to get quick cash since many of these apps allow you to cash out instantly after your shift.

If you have a vehicle you don’t use or need, have you considering selling your car?

What’re Your Favorite Quick Ways to Get Cash?

Do you see any favorites on our list? Once you have a few quick ways to get cash, you can always rely on that source of income.

You can always add something into the mix too. Feel free to experiment to find your best income flow.

For more monetary advice, be sure to follow our blog.

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