Over 76 million Americans are barely managing to get by on their current financial income.
That doesn’t leave a lot of wiggle room for emergencies. But what if we told you there was a legal way to make some extra money without doing a lot of extra work?
Take a look at these 10 ways you can make liquid money.
Open a Cash-Bonus Bank Account
Many banks have promotions where they’ll give you a cash bonus if you open a checking or savings account with them. Though this cash bonus isn’t anything substantial, it can give you as much as $100 or $150. If you’re tight on money and need something extra for an emergency situation, this can make a big difference.
In order to get this cash bonus, you’ll have to deposit a certain amount of money into your new account. This can be the tricky part. But talk to your bank and ask plenty of questions. Some banks don’t require a deposit of any kind.
Become an Uber or Lyft Driver
If you have a car, you can become a driver for rideshare companies like Lyft or Uber. You do need a clean driving record, and your car does have to be in good shape.
But once you download the app and sign up to be a driver, you can choose your own work schedule. That means if you find yourself with some free time, you can hop in your car and start driving customers around right away.
Becoming a rideshare driver is one of the fastest and easiest ways to make extra money when you need it.
Take Online Surveys
Online surveys don’t give you a lot of money, but they are free, fast, and simple. There are a lot of survey websites on the internet, and you can sign up for multiple if you want to make more money. But make sure the survey sites are reputable first.
These surveys don’t take more than a few minutes, and each one will award you with a few bucks when you finish. Depending on the site, you can make up to $5 for a single survey.
Whenever you sit down to scroll through your social media feed, spend a few minutes doing some surveys. A few dollars might not seem like much, but if you do several surveys every day, it can add up over time.
Download the Nielson Panel App
Nielson is a global company that deals with measurement, information, and data. And this company wants to know which online websites are the most popular. Because of this, they’ll pay you $50 every year to track your website surfing.
Don’t worry about handing over your personal information. This is an anonymous service, and it won’t slow down your phone, tablet, computer, or other devices at all.
To do this, you have to download the app and keep in on your phone for at least a year. Then keep browsing through all your favorite websites like normal.
Rent Out a Room on Airbnb
Airbnb lets you rent out rooms in your home for people who are traveling. If you live in a popular tourist location, you can make a lot of money doing this. The best part is you don’t have to do anything.
If you’re going to be out of town yourself for a few days, you can even rent out your entire house. Doing this can give you an extra $100 or so every night.
Start Walking Dogs
There are several different networks that connect dog walkers with owners who need their services. These people might be at work all day, have a busy schedule, or be out of town and are unable to walk their dogs themselves.
This might be slow going at first if you don’t have any experience. But if your serious about the work and do a good job, you can make a nice income by taking walks.
Tutor School Children
Parents want their kids to have the best education they can get. Because of this, there are many parents searching for tutoring services. If you have a firm understanding of subjects like math, English, science, computers, history, etc., you can use your knowledge to make a bit of extra money.
If you aren’t sure how to get started, look for jobs on platforms like Care.com or Indeed.com. These will hook you up with parents who’re willing to pay money to ensure their children’s educational future.
Get Your Car Wrapped
Many companies will pay you to turn your car into a driving billboard. This comes at no additional expense to you. You just have to make sure you have a clean driving record and a somewhat new car.
You might not qualify for a car wrap unless you spend a certain amount of time driving. But if you already spend a lot of time in the car, you can earn a nice bundle of money every month.
Participate in Medical Studies
You can sign up to be a participant in drug trials and other medical studies. Keep in mind, these are trials. Something could go wrong, so if you’re a cautious person, this might not be a good option for you.
However, many companies will pay a good amount of money to people willing to take part.
You can make a lot of money from these studies without doing too much. You will experience side effects from the drugs or medications. But if you’re willing to live like that, being a participant in a medical study could be a good side hustle.
Sell Your House for Fast Cash
This might seem extreme, but for people in emergency situations who need to pick up and move somewhere fast, this can be a helpful decision.
For example, let’s say your mother lives across the country from you. She is going through some serious health concerns and needs someone to move in with her as soon as possible. You’re willing to make the move, but in order to do that, you need to sell your house first.
Putting it on the market like normal can take months or even years for it to sell. If you need the money, you don’t have time to wait for someone to buy it. You can read more here if you need to sell your house fast.
How to Get Liquid Money When You Need It
There are several different ways you can get liquid money when you need it. The process could be as small as taking an online survey or as big as selling your house.
If you’re in a tight money situation, don’t let yourself get overwhelmed. Try some of these strategies instead.
Looking for some other ways to make money? Take a look at this list of top 10 self-employed jobs.