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If you need to buy a car, pay off credit card debt, or save for a down payment on a mortgage, an extra $10,000 won’t hurt.
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But what if you don’t have time to save for years? What if you need money as soon as possible?
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It turns out there are many ways to make $10,000 quickly. They want to work and you won’t get rich overnight.
But if you’re willing to put in the effort, you’re very close to that extra ten-thousandth.
What does “making $10,000 quickly” mean? Are we talking about a week, a month, a year? With these strategies, you can make an extra $10,000 in less than three months.
In some cases you only need to choose one method, sometimes you may need to combine ideas. It all depends on your determination and willingness to try.
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If you follow some of these strategies, you can reach your goal in a few weeks. Focus on low-risk money-making opportunities that you can earn outside of your full-time job.
One of the fastest ways to make extra money is through new bank account offers. Many banks offer new customers hundreds of dollars when they open an account.
Banks offer these deals in the hope that you will become a loyal customer. You usually need to meet certain requirements on your new account before you can receive your money.
For example, the new BMO Relationship checking account comes with a very generous sign-up bonus. However, you will receive this payment only after your new account meets the necessary requirements.
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Many credit cards offer sign-up bonuses for new customers as well as cash back on purchases, giving you an easy way to earn money fast.
Additionally, new customers can earn 5% on gas and groceries up to $12,000 in the first year, and a $200 bonus after spending $500 in the first three months.
American Express Blue Cash Preferred® is another great option and earns a $250 bonus if you spend $3,000 in the first six months. It also gives impressive rewards:
Even brokerage firms offer new account bonuses, and because these accounts often contain a lot of money, the bonuses can be higher than bank accounts or credit cards.
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If you have $5,000 or more to transfer to a broker, J.P. Morgan Self-Directed Investing, where you can earn a $700 bonus if:
You may think that real estate investing requires a lot of capital, housing market knowledge, and risk. This is not always true.
Real estate crowdfunding sites make it easy for anyone to invest in real estate, including commercial real estate that is otherwise out of reach for ordinary investors.
Realty Mogul is a popular option because it is open to non-accredited investors, but the minimum investment can be as low as $5,000. Non-accredited investors can invest up to 10% of their income in a commercial real estate portfolio. It allows you to benefit other investors without having to invest in real estate.
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Another real estate investment option is Rive, a platform that allows you to invest in vacation rentals. However, with Arrived, you can invest as little as $100 and increase your chances of making $10,000 quickly by spreading your investment across multiple vacation rentals.
If you do not want your home to be filled with foreign items, renting a warehouse space can easily increase your income.
At Neighbor.com, you can rent your empty basement to a small business in need of storage space or turn your backyard into an RV and boat park.
We recently looked for long-term storage for our RV in Los Angeles; The average 3 x 20 meter parking space costs $254 per month. We found an advert where six cars were stranded in a small fenced yard.
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At $254 a month for the car, that’s over $5,000 in three months. Renting premises is most profitable in large cities where demand exceeds supply. But people need storage space in small towns too. However, if you offer a cheaper price than traditional warehouses and parking garages, you can earn a healthy side income.
There are many ways to monetize your skills. What can you do to make others pay to learn? Some ideas include:
All it takes is a handful of students to reach $10,000. Through Outschool, you can teach online, in person, or both.
The easiest place to find your first customers is within your existing network. If you are a charismatic teacher, your lessons can grow from your word of mouth alone.
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Just because you don’t use it anymore doesn’t mean no one else does. There is always a market for unused jewellery. With the right partner, the market is larger and less local than you think.
That’s why we’re fans of Worthy, a jewelry auction site that makes it easy to sell rings, necklaces, watches, and other unwanted jewelry without leaving your home.
Worthy only gets paid when your product sells. There is an incentive to sell your product for a fair value because its fee is based on your earnings – between 10% and 18% of the final sale price, depending on the dollar amount.
Look around your house and garage. What haven’t you used in the last three months? Is there anything you won’t miss when you sell?
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If your house is full of valuables you want to sell, you can reach $10,000 in a few days. If not, you can combine this idea with other side activities to reach your goals faster.
You don’t need Shakespeare to make good money freelance writing. Any halfway decent writer can do this.
Freelance writing often involves writing blog posts for companies to publish on their websites. But it can also include any written content a business uses, from emails to brochures to e-books.
If you start with jobs that pay $100 per project, you’ll need to complete one project every day for 100 days to reach $10,000. It seems like a lot, but the more you write, the faster you get.
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If it is a paid service, you can do it as a freelancer. If your goal is to make $10,000 quickly, choose a high-demand service that you already know how to do. Learning a new skill from scratch takes a lot of time.
As with freelance writing, the easiest way to get your foot in the door and gain experience is to offer your services to people you know first.
Driving for ride-hailing apps like Uber and Lyft is one of the easiest ways to earn extra money. All you need is:
Even if you only drive a few hours a day, you can still make a big difference by driving for Uber and getting closer to your financial goals.
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Your salary depends on your car, where you are, and how often you rent it. But HyreCar claims users can earn up to $9,000 a year by renting their cars.
If you have an RV that you don’t use for most of the year, you can make a lot of money by renting it on platforms like Outdoorsy and RVshare.
Your salary depends on your location, your rental request, and the size and condition of your caravan. But according to RVshare, you can earn up to $40,000 per year or $10,000 per quarter.
Of course, you still need to pay for the caravan’s maintenance, insurance, and all financing and storage costs. But if you already have an outdoor campaign, you will still pay these fees.
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Both Outdoorsy and RVshare allow you to rent your RV for free and reduce your rental income.
If you’re worried about letting strangers use your RV, you can park it near your home and rent it on Airbnb.
If you don’t like the idea of strangers using you as a rideshare driver, you can make extra money from your car by delivering to businesses like:
The amount you earn varies based on location, fees charged by the app, and customer tips. If you want to compare which food delivery apps you can work with.
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It can take many forms, but it usually involves finding discount deals at retail stores, thrift stores, and wholesale websites and reselling them on Amazon or eBay.
Do not create stocks that you cannot sell and incur a loss. Instead, try a few things and see how things go before stocking up and taking the risk.
If you want something with a higher profit margin, flipping the car is an option, but that can happen too.
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