And while you’ve probably heard of selling sperm or eggs, don’t get your hopes up: Yes, the young and the healthy can sometimes earn good money as sperm or egg donors, but such opportunities require extensive screenings and long-term commitments. Donating blood (sans plasma), meanwhile, is a great and altruistic thing to do, but you generally won’t get money for it.
If you’re looking for inspiration, my friend Michelle Schroeder-Gardner of the website Making Sense of Sense has become the expert on all things affiliate marketing. Michelle earns more than $100,000 per month from her blog and the bulk of her income comes from affiliate sales. Michelle has had so much success with affiliate marketing that she even has her own course called Making Sense of Affiliate Marketing.
Brands love influencers making this a popular money making idea. By building up a sizeable audience on social media, you can reach out to brand ambassador programs or wait for brands to come to you. Influencers typically charge between $100-$400 per post on social media depending on the size of their audience. You get paid per post regardless of whether the brand makes a sale or not. However, brand ambassadors can get paid a commission for every sale they make. If you have an audience that buys whatever you tell them to, you might make more money this way. Firstly you will need to decide what kind of influencer you would like to be, like a lifestyle guru, a jewelry queen, or a perfumer. Learn more about Instagram influencer marketing.
It also asserts that, "Regardless of what technology is used to advance the scheme, if the mail is used at any step along the way, it is still illegal." The U.S. Postal Inspection Service asserts the mathematical impossibility that all participants will be winners, as well as the possibilities that participants may fail to send money to the first person listed, and the perpetrator may have been listed multiple times under different addresses and names, thus ensuring that all the money goes to the same person.
Ask your parents if they'll pay you for doing more chores. You're probably already expected to do chores around the house and help out your family for free. If you need a little extra pocket change, however, ask your parents if there's something else you can do for a small fee. For instance, maybe your mom really hates folding laundry and would be willing to pay $5 a week for you to do it instead. Whatever it is, let your parents know you're willing to take on more work for a bit of allowance.
There are a variety of online lenders out there, and if your credit is fairly good, you can apply for a personal loan online and be approved almost instantly. The money will still take a few days or even a week to hit your account, and the interest rate will be higher than, say, a home equity loan. But a personal loan from a reputable company — and be careful, for some online lenders are little more than payday loan shops online — beats credit card debt for a couple of reasons: Installment loans are better for your credit than revolving credit card balances, and even a 10% interest rate is preferable to what you’d pay for a cash advance.
Make the most of your spare space by listing it for short term rentals with Airbnb. If you know how to be an Airbnb host that wows their guests, you have an amazing opportunity to make money fast. By creating a wonderful experience for your guests, you’re setting yourself up for great reviews and lots of repeat guests. Check out our complete guide on getting started as an Airbnb host.