8 best places to get money right now

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There are times when an emergency or unexpected expense arises. If you don’t have an emergency fund to rely on, you’re probably thinking, “I need money now” and not sure where to find it. When payday is too far away to help, there are options and strategies that could help you find the quick money you need to solve your problem.

1. Sell some items

When you realize that “I need money now”, the fastest way to get fast cash is to look at what you currently have and sell it. Selling items is a good way to get your life in order, especially if you don’t use the goods you plan to sell.

Some of the most profitable items to sell and collect quickly are:

  • Electronics such as mobile devices and video game consoles.
  • Jewelry, especially gold.
  • design items
  • collectibles

Depending on the items you want to sell, sources like OfferUp, eBay, Craigslist, Facebook Marketplace, Swappa (for mobile/electronics), and Poshmark (for clothing and accessories) are all good options. In most cases, all you need to do is take a few clear photos of the items you want to sell and list them.

Do some research to determine the price of the item and sell it fast. And when you receive interest in your items for sale, be sure to be careful when closing a deal to avoid getting scammed, especially on Craigslist, OfferUp, and Facebook Marketplace.

2. Take a side hustle

If you’ve exhausted your chances of selling items, another good option is to take a hustle and bustle to earn some quick cash. Some gigs don’t even require special skills to make money now. The following platforms could help you grow your income fast.

Food and grocery deliveries

You can earn some quick cash by taking a job as a delivery driver. In most cases, you will need a mobile phone and download an app, have a driver’s license and have an insured vehicle. If you meet the application requirements, you could start earning money today. Some platforms worth trying include:

Driver

Uber and Lyft are the two most popular apps for working as a rideshare driver. You could work in your spare time to raise the money you are looking for. In many cases, working outside of business hours could help you earn more.

If you are unsure about carrying passengers, an alternative is to work as a package delivery driver for Amazon Flex.

earn rewards

Certain websites work with brands that pay you to take surveys, watch ads and videos, play games, shop online, and more. Signing up is simple: in many cases, all you need is to enter an email address to get started and a PayPal account to withdraw money. In other cases, you can charge with electronic gift cards. Cash rewards websites worth visiting are:

teach online

You don’t need to have a special skill to teach online. You could teach English to foreign students through websites like VIPKid. Or you could be a homework tutor and advertise your services on Wyzant and TutorMe.

3. Rent your stuff

There are websites that allow you to list your belongings for rent. Why not make some money from your existing assets, especially if you don’t use them all the time? Tools, spare rooms and vehicles are some options. Some platforms worth checking out are:

4. Use your credit card

Having an open line of credit is a lifesaver during an emergency. You can use your credit card to cover a last-minute expense by using the card to make a purchase or get a cash advance.

Keep in mind

A cash advance has higher fees than a regular purchase. And in both cases, you will have to repay the balance on the card. Be sure to pay your installments on time to avoid damaging your credit and incurring additional finance charges and fees.

5. Take out a personal loan

If your credit card limit isn’t high enough to cover the expense you need, a personal loan may be an alternative. However, personal loans often take time to apply for and get approved, and they require good credit.

For those struggling to get a personal loan, payday loans or bad credit loans are available, but they come with very high interest rates that could create bigger problems down the road if you can’t pay them off quickly. Consider them as a last resort.

6. Seek public funding

Depending on what expenses you’re struggling with, you may be able to find public or community funds to help you. There may be nonprofit organizations or churches near you that can help. Some communities may offer short-term help that can help with rent and utilities. Some hospitals offer grants or may waive hospital bills if you can’t afford them. The key is to research what is available in your city to find the help you need.

7. Pawn Items

If you have valuable items that you are not ready to sell, you can pawn them. Wondering how a pawn works? You take your goods to a pawn shop and the representative will appraise your items to determine their value. They will lend you cash based on the value of the item.

If you accept the loan, you will be paid, but you will have a certain amount of time to pay off the loan. If you do, your items are returned. If you can’t repay the loan, the pawn shop will take your items and resell them to get your money back.

8. Request for leniency

Forbearance essentially means requesting a temporary deferral of your payments due. Although this option doesn’t put cash in your hand, it could free up money you’d normally spend. Before you choose to delay overdue payments, make sure you are clear about your responsibilities: you will need to make the payment in the future. Make sure you can make the payments later so you don’t end up in financial trouble.

Put off

Needing money now can happen to anyone. After all, life does tend to throw the occasional curveball. You can get through the situation with some knowledge about what kinds of options you may have. The options in this guide are some of the fastest ways to get cash. First look for creative ways to help you avoid debt.

Frequently asked questions about the best places to get money

Many people have questions about ways to get money, the fastest way to do it, and where to start. Here are some answers to those questions.

  • How can I get money immediately?
    • One of the fastest ways to make money right now is by selling some of your products. It’s also a good way to clear clutter from your life.
  • Who can give me free money?
    • Check with your local library or dial 311 to find out if your community has programs that give you money for things like rent, groceries or utilities.
  • Does the Cash app allow you to borrow money?
  • How can I earn money in an hour?
    • You can earn money in an hour by selling products, working as a delivery person or answering online surveys. This guide offers lots of ideas on how to get cash fast.

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