What do you do when you’re just short of money for that big purchase? It feels heartbreaking when you cannot afford something you need right away, especially if it can’t wait. Well, worry not, Sis! Here’s how to make $300 fast for those situations when you just need a little bit more.
If you get paid by the hour, see if you can work a few extra hours for overtime pay. You’re entitled to overtime pay if you work over 40 hours a week. The best part? This overtime pay would be 1.5x your usual hourly rate. So if you work for $20 normally, your overtime rate would be $30 instead.
Just remember to take care of yourself! You may burn out if you’re working a side hustle and logging overtime.
However, if you’re a salaried employee, it would depend on your local labor laws and your employer.
One woman’s trash is another one’s treasure! Chances are you’ve gotten into hobbies that may not have stuck over the years. For example, you may have a tennis racket you haven’t used in months! If you’ve got random clutter items at home, selling them for a quick buck is a great idea. You’ll be surprised at how fast you can make $300 by selling your stuff online!
There may be a few dozen pieces in your wardrobe that you’ve grown out of. Selling them would be the perfect way to give them a new home while making some fast funds. Thankfully, there are many platforms for selling your unwanted clothes online!
You’ve likely gotten a phone or laptop upgrade over the past few years. Some places will pay good money for old tech.
You may also want to inquire about trade-in promos, where people can trade their outdated phones for new ones. While this won’t get you fast cash, it will save you money on an eventual upgrade.
Fun fact: 2 out of 3 Americans are holding onto an unused gift card of some kind. If you fit the bill, why not sell that card you’ve been holding onto?
While most stores won’t allow you to trade in your cards for cash, you can try selling them online. That way, instead of having store credit you don’t plan on using, you can have more useful cash instead!
If you’ve got a little bit of everything to sell, you may want to consider hosting a yard sale. That way, passersby can browse through whatever you may be selling.
You may even have neighbors who want to take part–which opens up an even bigger opportunity to make money. If it is on your property, you can charge a small joining fee to let them join in!
Advertising it as a local event on social media can also help boost your foot traffic! You can even list the items you’re selling online to increase your chances of making a sale.
What if you could use your cash to make even more cash instead? Flipping your money could be a great way of turning a quick profit! It involves buying something with the sole intent to sell it. Depending on what you’re flipping, your profits could range from modest to ludicrous!
If you’ve got a car or a spare room, you may want to consider renting them out. While it may sound scary to rent out to strangers, you can still protect your assets. Services like Turo and Airbnb can help rent your assets to trustworthy people!
If you’re handy, platforms like TaskRabbit make it easy to sell your services. There’s no shortage of people who need something moved, installed, or checked on. If you’ve got the gear and the time, being good with tools can definitely pay off!
Some people just don’t have the time to run errands–and you could solve their problem! You could run simple errands like watching a house or getting someone’s groceries. While they’re definitely not glamorous tasks, they’re still a great way to earn some extra cash.
People need someone to deliver their favorite food right to their doorstep! It might not sound like much, but becoming a food delivery driver can be a lucrative side hustle. In addition to food delivery pay, you may get tips from grateful customers! Think of how happy you are when you get your food delivered!
If you’ve got some time, tools, and patience, there are always people that don’t have the time to clean their homes. Some customers are even willing to pay hundreds of dollars to ensure that they come home to a clean place. By being good at cleaning, there’s a good chance they’ll ask you to clean their homes again! There are all kinds of services you can sign up for, like AllBetter and TaskRabbit.
Imagine getting paid to stay in someone’s home while on vacation. That’s exactly what housesitting is! Besides taking care of plants and doing some light cleaning, it’s pretty much passive income. This job may also involve pet sitting, so it helps if you’re good with animals.
Think you can make money just standing around? Well, yes, actually! By being a line stander, you can use your time to make money by standing in a queue. Finding work as a line stander during certain seasons is a lot easier. For example, people will need line standers when there’s a popular artist on tour or a big tech release.
Ideally, you never want to be in a situation where you’re just short of money. That’s why you’ll want to build your savings account to a comfortable amount! That way, you won’t ever need to worry about not having enough money for an emergency or big purchase.
But how can you save more money? Find out by joining my money squad to have the tips sent straight to you! It only takes a few seconds, and the weekly life advice you receive will help you save and grow rich. Sign up today!
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Dollars Makes Cents by Shaquana, Financial Coach and Wealth Expert, resources helps professional millennial women of color with the tools and skills they need to eliminate their debt, amplify their savings, and build generational wealth — without having to compromise their lifestyle.
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