Many of us rack our brains for the perfect job or
business opportunity to bring in extra cash. We think
that we need to come up with some brilliant plan to
earn the money for a nice vacation, down payment on
a car or some extra cash for our kid’s tuition.
Sometimes the perfect money maker is right beneath
our very noses. Here are some quick tips to receive
extra cash with the least amount of effort:
Clean out your closets. Take out every time that
you haven’t worn in the last century. Drag out
those old comics. Dust off those old records. One
man’s trash is another man’s treasure,
as the saying goes.
Hold a garage sale
Place it on ebay
Bring it to a flea market and agree to split the
profits with one of the vendors
Place ads in local papers and the pennysaver
Take ten percent of your income and stick it in a
savings account or better yet a high yield cd that
you can’t touch for a year. Money market accounts
are also a better alternative to standard bank accounts.
Promote affiliate programs online. They have already
set up the business for you. All you have to do is
promote it and earn commissions.
Form an investment club. If you don’t have
a large enough pool of money to invest right now,
many of your friends may be in the same boat. Pool
your money together and invest in some of the safer
investments right now, like bonds or CDs. You will
earn together more than the measly percentage a regular
account will provide.
If you have recently helped finance a house sale,
sell your mortgage note for a lump sum. Instead of
having to wait several years to get your money, take
the discount and get cash in hand now.
