Seek a payday loan or title loan as a last resort. Companies that offer payday and title loan services are commonly available, and can be a way of making quick cash. However, these typically offer extremely high interest rates (sometimes with percentages in the hundreds). If you cannot pay the loan and any interest back within the stated timeline, you risk even higher interest costs or, in the case of a title loan, the loss of your car. Avoid these types of loans in all but the most dire circumstances, unless you are certain you will be able to pay the loan back.
Brands love influencers making this a popular money making idea. By building up a sizeable audience on social media, you can reach out to brand ambassador programs or wait for brands to come to you. Influencers typically charge between $100-$400 per post on social media depending on the size of their audience. You get paid per post regardless of whether the brand makes a sale or not. However, brand ambassadors can get paid a commission for every sale they make. If you have an audience that buys whatever you tell them to, you might make more money this way. Firstly you will need to decide what kind of influencer you would like to be, like a lifestyle guru, a jewelry queen, or a perfumer. Learn more about Instagram influencer marketing.
Sell photos. If you have a decent camera and a good sense of light, color, and composition, you can take and sell stock photos – i.e. nondescript images that lend themselves to many applications and are commonly used to illustrate online articles or products – with minimal effort. Stock photos of locations (a fire hydrant, a bare wall near an interesting tree, or anything you might find as a default background image on your computer) are easier to take, but stock photos of people (i.e. people arguing, people kissing, people laughing) usually sell for more, as they have more uses and require the written legal consent of your subjects. Hunt for a reputable stock photo dealer or database that will pay you fairly before signing on with anyone.
Sometimes the best side hustle is putting in the time to get a better job. Investing in your career can have profound effects and help your earnings increase exponentially over time. Maybe one day you'll earn so much at your day job, you won't need a side hustle! I recommend browsing job boards like ZipRecruiter or even checking out a company like Pathrise. In their program, you will learn the all secrets from industry experts, armed with proprietary tools and data, to land a higher paying job and make more money.
Online business is how I’ve made a living since 2003 and what has helped me retire early. I make over $20,000 a month through my blog. You can create your own blog here with my easy 15-minute step-by-step tutorial. You can start a blog for as little as $2.95 a month (less than a cup of coffee!). Create a blog and leverage it into affiliate sales or product endorsement deals. Consider topics like:
OneOpinion— signing up is completely free, as it should be. This survey site, like many others, works on a points system: 1,000 points = $1. Once you reach 25,000 ($25), you can choose to cash out via PayPal or an Amazon gift card. OneOpinion also offers product testing, which means you have the opportunity to test new products at home before they hit the market.
If you’ve ever wanted to try real estate investing but don’t want to deal with all the stress of being a landlord, you might want to consider investing with Fundrise. Fundrise is a new platform that allows you to invest directly in a real estate portfolio that a team of professionals identifies, acquires, and manages on your behalf. With a starting investment as small as $500, you get exposure to dozens of solid, value-producing assets.