A 2021 poll found that only 39% of surveyed US adults could cover a surprise expense of $1,000 without an issue. These folks have enough savings to tap into if they have to deal with an unexpected cost.
If you’re part of the majority without enough savings, that cost could put you in a huge financial pinch. There’s still some good news, though: there are several ways to make money quickly, the legal way.
Ready to learn how to make some cash you could use to buy groceries, pay the bills, or make ends meet? Then read on as we compiled a list of easy ways to make quick money today (or in just a few days).
Pawn One of Your Vehicles
According to the latest data available, almost six in 10 US households own at least two vehicles. If you live in a multi-vehicle household yourself, you can make quick money by pawning one of your cars.
Vehicle pawn loans, also known as title loans, are short-term secured loans. The security here, referred to as collateral, is the vehicle itself. The car then serves as a means of repayment if you don’t pay back the loan.
However, the fact that a title loan is a secured type of loan also means it’s easy to apply for. You can get the money the same day you apply and get approved for the loan.
To qualify for a pawn loan, you need to be the registered owner, as indicated on the car’s title. The amount you can borrow would depend on the vehicle’s market value, though. Most lenders also require vehicles to be operational and in good working condition.
Note that some auto title lenders don’t require you to hand over your car to them. They would only inspect your car, and you can still drive it even after you take out a pawn loan against it.
This article discusses title loans in detail, so you may want to check it out before pawning your ride. If you do decide to take out a pawn loan, be sure to borrow only an amount you can pay back within 30 days. This is usually the time given to borrowers to repay the loan in full.
Sell a Junk or Old Motor Vehicle
Try neighborhood title loans but if that also fails, you might consider one of the easiest tricks on how to make quick money in one day, and that’s is to sell a junk or old car as is to a cash buyer. Cash-for-car buying companies usually offer same-day or next-day service. You set a schedule with them to come to your home, pick up your unwanted car, and give you cash on the spot.
What’s more, most car buying companies provide a fair cash offer you can get online. In most cases, you only need to give them the year, make, model, trim, and vehicle mileage. The buyer then checks these details to come up with a fair estimate of how much they can give you for your car.
If you find the offer agreeable, you can then schedule your car for pick-up at the earliest time you prefer. If there’s an available company representative, they can even go to your home on the same day you get the cash offer. They would then haul away your non-operational or ancient car while you get quick money in return.
Turn Old or Unused Electronics Into Cash
US households now own an average of seven screens, plus five other connected gadgets. Screened electronics include multiple smartphones, tablets, personal computers, and televisions. The non-screened ones include smart speakers and other Bluetooth-capable devices.
Whatever devices you own, you can likely sell them to an electronics buying company. They offer consumers with unused or old gadgets quick ways to make money. They buy almost every tech, from smartphones to consoles and even old cell phones!
Do note that selling your old gear to these buyers would still take a few days, though. That’s because most of them operate online, so you’d need to ship over your items and wait for them to get the shipment. Only after inspecting your devices will they release the payment.
However, once they can give you the funds, you can get it via PayPal or even bank transfer. That’s as good as cash, plus the process is almost always easier than if you worked with private buyers.
Offer Your Labor
The US is now home to over 56 million adults 65 years and older. That’s almost 17% of the entire population. That also means almost two in every 10 people you meet are elderly adults.
Chances are, some of your neighbors are senior citizens themselves.
In that case, why not pitch in to do laborious tasks for a price they can afford? These include the heavier side of gardening, such as trimming trees and mowing huge lawns. You can also offer to do basic housecleaning chores and minor structural repairs.
Other easy tasks you can do include doing their laundry and grocery shopping. If you do well, they might even ask for your help with their daily living activities on a regular basis. Best of all, you can get paid the same day you finish the job.
What’s more, you get to help out elderly neighbors who are often at a higher risk of home accidents. For instance, one in four older Americans gets into a fall accident each year. By offering them your services, you can help cut their risks of falls while also earning some cash along the way.
Just make sure that you stick to minor tasks that don’t require state or city-issued licenses.
Time To Make Some Legal Money Quickly
As you can see, some of the easiest ways to make some money quickly involve using stuff you already own. These include pawning one of your cars, getting rid of a junk vehicle, or selling old electronics. Don’t forget to offer your labor to neighbors if you have the time and the skills to do the jobs they can’t or rather not.
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