HOW TO MAKE MONEY FAST

How To Make Money Fast In December 2023

In today’s fast-paced world, knowing how to make money fast is an essential skill. Whether you’re aiming to clear a credit card debt, boost your bank account, or simply generate some extra cash, this guide will offer support. 

– We will uncover the importance of rapid money generation in today’s economy

– Learning different strategies for making fast money, ranging from online platforms to traditional methods

– Understanding the potential risks and legal aspects to evaluate in your money-making journey

– Discovering how to sustain rapid income growth for long-term financial health

Topics that you will find covered on this page

Background to Rapid Money Generation

We all know that the internet has revolutionised the way we make money, as you can even earn money online without even leaving your home. 

Whether it’s selling items on Facebook Marketplace, completing online surveys for extra cash, or leveraging your skills as a virtual assistant, there are numerous ways to generate income quickly.

Freelance writing is another online avenue to explore. As a freelance writer, you can offer your services to clients across the globe, whilst also allowing you to work on your personal terms and set your own specific rates. 

This can be a great way to make good money, particularly if you specialise in areas such as technical writing or copywriting.

Another option is affiliate marketing. Promoting products and earning a commission on sales, allows affiliate marketers to make a passive income. It can be done through your own blog or a social media account, and it can be a great way to earn money while you sleep.

How to Make Money Fast

Here are 50 ways to make money fast

Here are 50 ways to make money in the UK, along with examples and references:

  • Get a part-time job – Work evenings or weekends at a shop, restaurant, etc. Example jobs
  • Freelance work – Offer services such as writing, programming, design, etc. on sites like PeoplePerHour
  • Sell your stuff – Use sites like eBay or apps like Depop to sell unwanted items. How to sell on eBay
  • Take paid surveys – providing your opinion allows you to earn cash and gift vouchers. Survey examples
  • Review websites & products – Write reviews for money on sites including UserTesting and The Panel Station.
  • Rent out a room – Use Spareroom to find a lodger for a spare room.
  • Become a tutor – Tutor students privately or through a site like Tutorful.
  • Take paid online tests – Earn money for testing websites as a UserTester.
  • Enter competitions – Win substantial prizes with competitions like The Health Lottery.
  • Make crafts & artwork – Sell your handmade pieces on sites like Etsy or local craft fairs. Etsy tips
  • Dog walking/pet sitting – Offer your services on BorrowMyDoggy or Rover.
  • Become a mystery shopper – Get paid to visit shops and report on your experience. How it works.
  • Teach music or cooking skills – Provide lessons to students looking to learn new hobbies and skills.
  • Rent your parking space – List unused driveways or parking on sites such as YourParkingSpace.
  • Babysit for family and friends – Offer your evening or weekend services to local parents.

You can also watch this video on Youtube here.

  • House/pet sit – Look after houses and pets while owners are away. Listings on TrustedHousesitters.
  • Become a delivery driver – Sign up for Uber Eats, Just Eat or Deliveroo to deliver food orders. Become a Deliveroo rider.
  • Have a garage sale – Sell your unwanted household items in a driveway or yard sale.
  • Rent out parking spaces – Rent out driveways or spaces through platforms like YourParkingSpace.
  • Resell thrifted clothing – Buy clothes from charity shops and resell at a profit on sites such as Depop or eBay.
  • Rent out your car – List your vehicle for hire on sites like Hiyacar.
  • Teach English online – Tutor students from around the world with sites like Preply.
  • Rent out equipment – List unused tools, sports equipment, events supplies, etc on sites like Fat Llama.
  • Become a brand ambassador – Be paid to promote brands and products as a campus rep or through sites like Unimum.
  • Do odd jobs and errands – List handyman, cleaning, delivery, and errand services on TaskRabbit.
  • Get cashback when you shop – Use sites like TopCashback and Quidco.
  • Resell event tickets – Buy sought-after tickets and resell them at a markup. Read Ticketmaster’s resale guide.
  • Sign up for clinical trials – Get paid to test healthcare treatments through sites including Trials4us.
  • Teach English abroad – Look for opportunities to teach in places like China or South Korea.
  • Sell your expertise – Provide consulting services in your industry or niche.
  • Monetize a blog – Earn ad revenue, sell products or services, or use affiliate links. Blogging tips.
  • Rent out equipment – List items like cameras, musical instruments, or party supplies on rental platforms.
  • Wash cars – Offer mobile car washing services in your neighbourhood.
  • Trade stocks & forex – Invest and trade assets through regulated brokers like eToro.
  • Recycle for cash – Get paid for recycling certain household items. Post recycling services.
  • Rent out workspace – List spare rooms, garages, or outdoor spaces on sites like Share Your Office.
  • Freelance web design – Build websites and online stores for clients as a freelancer.
  • Sell gift cards – Trade unwanted cards for cash on sites like Cardyard.
  • Participate in focus groups – Get paid for sharing your opinions in discussions. Focus group companies.
How to Make Money Fast
  • Take online computer classes – Earn certifications to gain technical skills for a career boost. Resources like Coursera.
  • Buy and resell domain names – Research valuable domain names and resell at a higher price. Domain name tips.
  • Offer local experiences – Create and list unique tours and activities on Airbnb Experiences.
  • Rent out your home – List spare rooms or your whole house on Airbnb or Vacation Rentals By Owner.
  • Become a social media influencer – Be paid for sponsored posts and partnerships. Influencer marketing guide.
  • Start dropshipping – Sell products stored and shipped by wholesalers. Guide to dropshipping.
  • Invest in stocks & bonds – Research and strategically invest in assets through an online brokerage. Hargreaves Lansdown guide.
  • Start a YouTube channel – Earn ad revenue from videos. YouTube monetisation options.
  • Develop apps – Build and sell your own mobile apps through app stores.
  • Start an online course – Create an e-course to sell on platforms like Udemy.
  • Start a small business – Turn hobbies or skills into a business. Guide to starting a business in the UK.

"Extra cash is a safety net and enables one to quickly fulfil desires in these fast-paced times."

Effective Quick Money Strategies

Developing a strategy is integral to making money fast. For instance, one effective method is diversifying your income streams. However, it is important to avoid relying on just one method. Instead, combine a few. 

For example, you could do some freelance writing, sell items on Facebook Marketplace, and complete online surveys.

Another strategy is to leverage your skills. For example, skilled graphic designers could offer their personal services on freelance platforms. Similarly, if you’re a whizz at social media, consider managing social media accounts for businesses.

Finally, consider passive income streams. Affiliate marketing, for instance, allows you to earn money while you sleep. By promoting products and earning a commission on sales, you can make money without much ongoing effort.

Understanding Quick Money Concepts

Risks and Legal Considerations

Although making money quickly can prove enticing, it’s important to be aware of the risks and legal considerations. For instance, if you’re selling items on Facebook Marketplace, being honest about the condition of your items to avoid disputes is necessary. 

Alternatively, if you’re pursuing freelance writing, you should ensure that you have a clear contract with your clients to protect both parties. 

Similarly, if you’re doing affiliate marketing, ensure that you’re transparent with your audience about your affiliate links to comply with advertising regulations.

Sustaining Rapid Income Growth

Making money fast is one thing, but sustaining that growth is another. In order to continue to earn a good wage, you could invest in the development of your skills. For instance, if you’re a freelance writer, take courses to improve your writing and learn about SEO.

Unleash the Potential of Gift Cards

You might find unused gift cards lying around your house, and these often offer a quick source of cash. For example, various online platforms allow you to sell gift cards for a portion of their face value, turning them into fast cash. 

Remember to make sure to check the terms and conditions of the platform you’re using, as well as the validity of the gift card.

Even if you don’t have any unused gift cards, you can still make money from them. Some websites offer cashback or rewards when you purchase gift cards. These rewards can then be converted into cash or used for future purchases.

However, being careful with gift cards is essential, as you should ensure that the cards are valid and that the online platform is trustworthy. Check reviews and ratings before proceeding.

Maximise Your Spare Time with Mobile Apps

In today’s digital age, making money from your phone can be simple. For instance, there are a plethora of mobile apps designed to help you earn extra money in your spare time. These include survey apps, cashback apps, alongside apps that even pay you to exercise!

One example is the Amazon Flex app. As an Amazon Flex driver, you can make good money by delivering packages in your local area. The flexible schedule allows you to earn extra money without interfering with your regular job.

Another option is to use mobile panel apps, collecting data about your internet usage for market research purposes. In return, they offer compensation, typically in the form of cash, gift cards, or redeemable points.

Earn through Online Surveys

Dabble in Real Estate for Long-Term Gain

Although it may not be the quickest form of making money, investing in real estate has the potential to bring significant future returns. You could start with something as simple as renting out a spare room on apps like Airbnb, turning your home into a source of extra income.

Alternatively, if you’re looking for something more hands-off, consider real estate investment trusts (REITs). These allow you to invest in real estate without the need to physically own property. 

REITs can offer consistent income through dividends, holding the potential for long-term property appreciation.

Remember, although real estate can be a lucrative venture, it also comes with its own set of risks. Consequently, it’s important to do your research, analyse the market, and consider getting professional advice before diving in.

Online Courses As A Path to Profit

By sharing your knowledge and skills with others, online courses offer lucrative appeal. If you’re an expert in a particular field, such as graphic design or coding, you can create and sell online courses. 

Platforms like Udemy make this process relatively simple, allowing you to reach a wide target audience.

On the other hand, creating an online course requires an upfront investment of time and potentially money if you need equipment or software. 

However, once your course is live, it can provide a source of passive income. This is because you make money each time someone purchases your course. 

Moreover, promoting your course can contribute to its success. Therefore, consider creating a YouTube channel related to your course topic. Not only can this help to attract potential students, but ad revenue from your videos can also generate additional income.

Improve Your Credit Score for Financial Gain

Although it may not be an obvious option, improving your credit score can help you to make money. A good credit score can qualify you for better interest rates on loans and credit cards, potentially saving you a significant amount of money over time.

One way to improve your credit score is to pay your bills on time, since late payments can have a negative impact on your score. If you’re struggling with this, consider setting up direct deposits to guarantee that your bills are paid on time.

Another strategy is to keep your credit card balances low. High balances can negatively impact your credit utilisation ratio, which is a key factor in your credit score. By paying off your balances, you can improve this ratio and boost your score.

Background to Rapid Money Generation

Case Study Of Making Money Fast

To bring the concept of how to make money fast to life, let’s look at an example that many of us can relate to. 

Jane is a single mother working a full-time job, whilst also pursuing her passion for writing. She was always looking for ways to make money fast to both support her family and her dreams. 

Jane started by using her spare time to complete online surveys. Although this did not lead to a substantial amount of money, she was able to complete them during her lunch breaks and whilst waiting for her children to come home from school.

Next, Jane decided to leverage her love for writing to make money. She began self-publishing her short stories on Amazon KDP. Whilst this took more time and effort, she generated a good amount of passive income. 

Jane also ventured into the world of mystery shopping. She would visit shops, evaluate her experience, and get paid for it. It was an odd job, but it was fun, and it paid. 

Keen to maximise her earnings, Jane also set up an Amazon Associate account. She created an affiliate link for a popular kitchen gadget which she loved using, and then shared this link on her social media. 

Consequently, within a couple of weeks, she started earning a commission every time someone purchased the product using her link.

Jane also created a simple online store using her mobile app, selling digital products she created. This included printable planners and recipe cards. Her experience as a pet-owner allowed her to design some pet-related products, which became increasingly popular.

Finally, Jane decided to sell some of her unused items in a yard sale and also listed them on the Facebook Marketplace. This helped her declutter her home, whilst also providing some quick cash.

This resulted in Jane being able to make money fast, without sacrificing her full-time job or time with her children. Her diversified approach to earning money, from online surveys to affiliate marketing, allowed her to create multiple streams of income that supported her financial goals. 

Key Takeaways and Learnings

As we conclude this comprehensive guide on how to make money fast, it is necessary to  summarise the key aspects which can help you on your journey to financial growth. Here are the main points to remember and actions you can take:

– Online surveys can be a simple way to earn extra cash during your spare time, such as Survey Junkie paying for your valuable opinion.

– If you have a knack for writing, consider self-publishing your work on Amazon KDP, potentially providing a viable source of passive income.

– Explore matched betting, as it is a risk-free betting strategy which can generate substantial earnings when done correctly.

– Leverage your unused items. Selling these on Facebook Marketplace or organising a yard sale can bring in some quick cash.

– If you’re a pet owner, consider pet-related businesses. For example, dog walking or pet sitting can be a profitable venture.

– Create and sell digital products. If you’re creative, you can generate income by selling your digital art, templates, ebooks, or courses.

– Cashback apps or websites allow you to earn money for purchases which you already would have made.

– Consider domain flipping. If you’re good at predicting trends, buying and selling domain names can be profitable.

– If you’re selling products or services, always strive to provide an excellent user experience. This is because good customer reviews can lead to more sales and higher income.

Remember, diversifying your income streams and consistently exploring new opportunities is key to making money fast. Good luck on your money-making journey!

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Meet the author

Jane Parkinson

Jane Parkinson

Jane is one of our primary content writers and specialises in elder care. She has a degree in English language and literature from Manchester University and has been writing and reviewing products for a number of years.

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