When it comes to making money quickly so that you can have the funds you need in a pinch, there are quite a few interesting ways to go about doing so. Listed below are just five of your many options. See what you’re willing to do to get the money you need fast.
Be a Part of a Clinical Research Study
Talented researchers are making huge strides in the medical field, thanks to clinical research studies that are continually being conducted all over the country. Many times, researchers are looking for participants for these studies. And if you live near a medical school, you may be able to find these opportunities more easily. Although you volunteer yourself to essentially be a human guinea pig, the financial benefits can mean you can earn a nice bit of cash for minimal effort.
Sell Items to Collectors
Collector’s markets are found across a variety of industries, and you may be surprised to find out that many of the items lying around your house that appear worthless can get you some much-needed cash quickly. The key is to find collectors in your area who are interested in what you have to sell them, whether you have antique furniture and jewelry or classic music and toys that you have no use for but that they would find valuable.
Sell Your Blood
Plasma banks are always looking for donors, and you can make cash quickly by donating your blood. They will remove the plasma from the blood and then return the blood to your body. You can donate up to two times per week, every week if you want, which means you can have a steady flow of cash when you need it, as long as you aren’t afraid of needles or of having your blood drawn.
Take Your Stuff Back to the Store
Have you made purchases recently that you haven’t really needed after all? Perhaps your spouse went on a shopping spree and bought items that have just been lying around the house. If this is the case, don’t hesitate to return your items back to the stores you purchased them from. This can free up some space on your credit card or give you cash back if you purchased them in cash. And if you don’t have a receipt, many stores are also willing to give you store credit, which means you can go back and get what you really need.
Turn Your Life Insurance Policy Into Cash
When you decide to sell your existing life insurance policy to a third party, this is known as a life settlement. Thanks to the evolution of the settlements industry, you now have more options than ever before. Although you will end up getting less money than what your family would have gotten from your life insurance policy upon your death, by selling off your policy in this manner, you will be able to get more than you would if you had canceled the policy and opted to get the cash value from it instead.
About the author:
Tim Winters is a freelance writer who knows how hard it can be to get money in a pinch. He recommends getting creative, applying for odd jobs, and making an effort to see what’s lying around your house that might hold a lot more value than you think.