I Need Money Now! 12 Ideas To Get Some Cash

Try these tips if you need money now!

Like anything worth doing, earning money requires some hard work and commitment. Just because you might be in a bind now doesn’t mean it has to be permanent. Use these tips if you need money fast, and be sure to start saving up for emergencies.

By financially preparing for unexpected events, you will prevent yourself from being in the “I need money now” loop! Start saving money fast with our free savings challenge bundle and free yourself from the cycle!

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How to get cash fast Five steps to same day cash Should you borrow from family and friends? Five things to avoid to save cash How to make extra cash during the pandemic

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Other Ways To Make Money Quickly

So, you can make money online fast. But, if you’re willing to work outside of your home, there are many more options for side gigs. If you want to avoid getting a traditional job altogether, you may want to pick up multiple side gigs to help you make enough income.

11. Become a Ride-Share Driver

  • Average income of around $350 per month

Driving for Uber or Lyft is among the most popular side hustles because of the flexibility this option offers. You can pick your schedule, drive when and where you want, and rent or lease a car through the ride-share company if needed.

12. Make Deliveries for Amazon or Uber Eats

  • Typical earnings of $18-$25 per hour with Amazon Flex

Uber Eats drivers make an annual average of $62,339 a year, according to salaries reported on Indeed. Even with an average salary that’s this high, you’ll still be working on a contract basis. That means you can set your own hours and work as much as you need to.

You can also use your car to work as a delivery driver for Amazon Flex. Drivers typically make $18 to $25 per hour, depending on factors such as your location and how much you earn in tips, according to Amazon.

13. Become a Pet Sitter or Dog Walker

  • Median income of $12.68 per hour

Sign up to watch pets while their owners are out of town. Pet-sitting sites, such as Rover, connect pet owners with sitters for a cut — 15% to 25% — of the sitter’s earnings paid by client users. According to the Bureau of Labor Statistics, pet sitters make a median of $13.81 an hour or $28,730 a year.

14. Get a Babysitting Gig

  • $13.50 an hour and up, depending on experience, location and number of children

Babysitters are always in demand. According to ZipRecruiter, they make an average hourly pay of $16.25 or more. Plus, watching two kids can come with an increase. According to Care.com, add 50 cents to $1 to your hourly rate for each additional child you babysit — double that for an infant.

15. Install Christmas Lights for the Holidays

  • $1.25 to $3 per linear foot of lights

According to Thumbtack, most installers charge double to install lights on a second story. And don’t forget about the removal costs. Thumbtack also noted that you can charge about half of what you charged to install for that. You also can choose to wrap outdoor trees with lights and charge $60 to $1,200 for each, depending on tree size.

Many seasonal jobs are available that pay quite a bit, but you’re going to need to rotate through them if you want to maintain income all year-round — or work very hard during that one season.

16. Become a Home Organizer

  • Up to $49 an hour

A professional home organizer makes up to $49 an hour, according to PayScale, with an average hourly rate of $20.18. To start organizing professionally, post listings on Craigslist and Facebook Marketplace, or connect with your neighbors on NextDoor.

17. Help With Home Gardening

  • Average income of $16.12 per hour

Do you have a green thumb? Maybe it’s time to become a gardener. The average gardener makes around $16 per hour, according to Indeed, so you’ll need to work about 19 hours to make $300. Plus, on average, gardeners make $3,938 in overtime per year.

18. Assist With Deliveries or Moving

  • Average earnings of $38 to $109 per hour, depending on your moving vehicle

Delivery drivers often need some muscle to help them load and unload their trucks for deliveries and moves. Sign up with GoShare to become a “helper” and earn an minimum average of $38 per hour. Or, at Dolly, the “hands” are paid $20 an hour, plus tips.

19. Start a Snow Removal Service

  • Up to $75 per hour

Remember going door to door as a kid with your snow shovel asking neighbors if they wanted the sidewalk or driveway shoveled for a few dollars? Adults with a good, working snowblower can do that, too — or advertise their services on social media. According to HomeAdvisor, the going rate is $25 to $75 per hour.

Earnin: Good for small cash advances

Why an Earnin loan stands out: If you only need a small amount of money, Earnin might be a good fit since it lets you advance small amounts from an upcoming paycheck (starting at $100 a pay period for new members and increasing up to $500). According to Earnin, you could get your money nearly instantly if you’re a past customer and meet certain eligibility requirements. (But keep in mind that depending your bank, you could have to wait longer to access your cash.) And the company says it can take 48 to 72 hours to verify your account during initial setup. If you don’t have its “Lightning Speed” feature, Earnin says it usually takes one to two business days for your money to be funded.

  • Not all types of jobs qualify — You’ll have to meet some basic requirements to use the app: At least half of your paycheck must be sent as direct deposit to a checking account, you have to be on a regular pay cycle, and you need to have a fixed work location or electronic time-keeping system.
  • Optional tips — Earnin doesn’t charge interest or fees — instead it asks customers to tip what they think is fair to support the service.
  • Balance shield alerts — If you’re worried about overdrafting your bank account, Earnin also offers a feature that notifies you when your balance falls below a level you specify.

Read our full review of Earnin to learn more.

17. Help with home gardening

Offering your services as a local gardener could make you enough money quickly enough to satisfy some pressing needs. There are loads of options from mowing lawns and pulling weeds to planning gardens and decor. If you pitch to enough neighbors, you’ll find at least a few takers. It’ll be worth your while.

3) Track Down Your Loose Change

At first glance, this advice may seem a little absurd—but it's not a joke. According to a 2016 news report from Bloomberg, Americans throw away approximately $61.8 million of coins in the trash each year. That's a lot of money stuffed in couch cushions, piggy banks, and old paint cans across the nation.

Hunt around the house to collect all those hidden coins. Once you dig up every last cent, haul the trove to your local bank or credit union. Some banks will count change for free for their customers, although others may require you to count and roll your change on your own.

Either way, once you convert those coins to cash, you could have another hundred bucks to put toward your emergency expense.

9. Social Security

If you’ve already reached your full retirement age but haven’t started taking Social Security yet, you can take a lump-sum distribution of up to six months of payments at once. How much you can take depends on how far past your full retirement age you are. If you’re only four months past your full retirement age, for example, you can only request up to four months of lump sum benefits.

While the influx of cash might be helpful, it’s generally considered a bad idea long term. That’s because it decreases your monthly benefit to the amount it would have been had you started taking Social Security however many months before.

3. Health Savings Accounts (HSAs)

If you have access to a health savings account (HSA), you can withdraw money for eligible medical expenses, such as medical care, dental care, prescription drugs and payments for long-term care services. You can also withdraw funds if you kept receipts for past (unreimbursed) medical expenses.

Saving some of your emergency fund in a triple-tax-free HSA can be a good strategy, as long as you pay for current health expenses with already-taxed dollars and keep receipts to retroactively reimburse yourself later.

In a pinch, you can even use your HSA without these saved receipts, granted you’ll pay both taxes and a withdrawal penalty when the funds are used for non-medical purposes.

Am I Eligible For A Fast Cash Loan from Pheabs?

The criteria for a fast cash loan from Pheabs include: U.S. resident Over the age of 18 Steady employment Earning a minimum of $800 per month A live checking account for your loan to be deposited into Our partners are willing to offer fast cash loans for people with bad credit, or those looking for no credit checks. Credit checking is always a key part of processing a loan enquiry, but our partners are happy to take a view and they can still give you a loan decision if you meet other criteria such as being employed and having a stable income. Our technology is automated and will carry out a number of income and affordability checks to ensure that you borrow the right amount, without falling into financial trouble.

4. Start Delivering Food

If you have a car, you should start considering food and grocery delivery services. You’ve probably heard of Uber and Lyft already, but maybe driving passengers around isn’t your thing.

The cool thing is that delivering food and groceries is a service that’s continuing to grow, and you can earn some quick money without having to drive people around.

Another growing one is doing grocery shopping for people via Instacart!

While it usually takes longer than an hour to get cleared for delivering or diving with Uber or these other services, once you’re cleared, you can start at an hour or less each day.

Even if you don’t have a car, you can potentially deliver food and groceries using a bike or scooter depending on your city.

To get started, you can sign up with one of these major services:

Better Preparation for Future Emergencies

Unpredicted costs and emergencies can put a serious dent in almost anyone’s budget. If you’ve found yourself in this type of predicament, don’t worry – you’re not alone. Around 60% of American households deal with at least one cash emergency per year. According to FEMA, one-third of Americans don’t have any savings to fall back on, either. That’s a large group of people looking for answers on how to get quick cash and similar questions.

Knowing that you are not alone may be helpful for your morale but won’t actually solve the problem. So, if you are panicking about the current situation, hopefully, our tips from this article can help you out. Still, to avoid getting yourself into the same position again, here are some things that you should consider doing.

Consolidate Your Existing Debt

To reduce the chances of cash emergencies ever happening again, you should consider paying off your debts as soon as possible. Consolidating all your loans under one roof is very much advisable, as it will undoubtedly lower your loan payments. There is no easy way to make money, but getting out of your debt faster and saving all those greens typically spent on paying back interest is a great start.

Reach Out To Your Financial Advisor

If you’re struggling with finances, reaching out to a financial advisor might be a good idea. It is also a good solution if you managed to put some money on the side and are now looking to grow it further. Whether you’ll benefit from hiring a financial advisor usually depends on the amount of money you would like them to invest for you. Mostly, it’s about your investment goals – and yes, it is one of the safest ways to make money, but in the long run.

Invest in Your Future

With so many automated investing advisors and investment apps available online these days, there is almost no excuse for not investing in your future. Even beginners can effortlessly sail in the world of investing and turn those $2 into something you can rely on for future emergencies. 

Balance Transfer Options

For those that have good credit, researching your balance transfer options is also advisable. Even the simple act of getting a refinancing loan at half of your current interest rate can help out immensely, leaving several hundreds or even thousands of dollars you would have spent on interest in your pockets instead.

It would take you much longer to earn that money online. Once you’re confident you can repay the loan within a specific time frame, look for balance transfer cards with a 0% introductory interest rate. It will allow you to repay your debt without worrying about interest rates during the grace period.

Budget Wisely

Balance transfers and investments aside, the best way to avoid getting into a similar situation again is to budget wisely and not spend more than you have. Take your time to re-evaluate your spending habits, outstanding bills, and expenses. Try to find the extra funds you could put away for rainy days. 

Try some of the get money fast recommendations we’ve covered here. Also, try having a designated spot for saving pennies your couch would otherwise eat, and pay off your student or other outstanding debts as soon as possible to save on interest. There are many ways to find extra funds you can put towards your savings account. 

Marcus by Goldman Sachs: Good for people with strong credit

Why a Marcus personal loan stands out: Marcus says it usually takes between one and four business days for you to receive approved funds after verification of your bank account. But you’ll likely need fairly strong credit to qualify, and Marcus says only people with “excellent credit” may qualify for its lowest rates.

If you only need a little bit of money, Marcus might not be right for you since its loan amounts range from $3,500 to $40,000.

  • No-fee promise — Marcus says it won’t charge you any common fees such as late fees, origination fees or a prepayment penalty. That can be attractive if you don’t want to feel like you’re being nickel and dimed to take out a loan. Just keep in mind that if you miss a payment, you’ll accrue more interest — and the information may appear on your credit reports.
  • On-time payment rewards — If you’ve made 12 consecutive monthly payments on time and in full, Marcus will let you defer one payment (and extend your loan term by one month).
  • Autopay discount — Marcus offers a small rate discount on its personal loans if you enroll in automatic monthly payments.

Check out our full review of Marcus personal loans to learn more.

Check your Approval Odds for a loan Get Started

Bonus: Look for Odd Jobs on Craigslist

Need money today? Don’t forget to check your local Craigslist “gig” section for odd jobs. You can snag jobs that range from cleaning, help with moving, lawn care, and so much more. 

The cool thing about Craigslist gigs is that they are typically small jobs that you can easily do in a few hours or a day and earn some extra cash.

All of these types of jobs should be paid upon completion and some will pay very well.

7) Borrow Money From Friends or Family

We saved this one for last because it really should be a last resort. While borrowing money from friends and relatives may be a quick fix, it can lead to some adverse consequences. When a loved one lends you some cash, it can put a strain on your relationship—especially if you don't pay the person back quickly.

According to an article in Psychology Today, unpaid loans can lead to lingering bad feelings between the lender and borrower. If you plan on borrowing money, it's probably best to draw up a contract stating when you will begin to pay back the lender and if you will also pay interest on the money borrowed.

32. Pawn your valuables

If you’re running on fumes, financially speaking, but you have some money coming your way soon, consider pawning something of value to borrow fast cash. Of course, to get those items back you’ll need to pay back the loan with interest. If you don’t pay it back in time, you’ll lose the item. If it’s something that has a lot of intrinsic value to you, don’t do it. But if it’s something that doesn’t, you can certainly consider it depending on your situation. You can also sell your valuables at your own set price on Facebook Marketplace.

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