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How to Make Money in a Hour: 7 Realistic Ideas to Try
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How to Earn Money in One Hour 7 practical ideas to try
Sell something of value, or help someone in need earn money in just one hour. Explore other popular methods if you have more time.
By Tommy Tindall Lead Writer | Consumer debt, saving money as well as the and the gig economy Tommy Tindall is a personal finance writer who joined NerdWallet in 2021. He covers consumers' debts, the best ways to save money and also the gig economy. Before NerdWallet, he worked on the marketing and communications team for Fannie Mae. Today, Tommy strives to make the topic of money approachable for all. His work has appeared within The Washington Post, The Associated Press as well as on MarketWatch. Tommy is based within Bel Air, Maryland.
Updated Aug 23 2022
Editor: Courtney Neidel Assigning Editor | Personal finances, budgeting, spending Courtney Neidel is an assigning editor to the personal finance team at NerdWallet. She joined NerdWallet as a writer in the year 2014 and worked for the next six years writing on shopping, budgeting and money-saving strategies before being elevated to the position of editor. Courtney has been interviewed as a retail authority by "Good Morning America,"" Cheddar, and CBSN. Her previous experience includes freelance writing for California newspapers.
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It's not always easy, but there are those who are legit . Do you want to receive the cash immediately? Chances are you'll need to give up something valuable or offer a service. Other approaches could take a bit longer.
Do not quit your job but try these sensible strategies to earn an extra dollar within an hour.
Sell something of value
1. Donate your used clothes to a thrift store
There are plenty of places to go, however it requires patience and time to make an online listing and finish the transaction. The most efficient way to earn cash from the clothes you no longer wear is to sell it to a thrift store, in person. Try selling your stuff to a small-business store close to you, or a store with a nationwide presence like Uptown Cheapskate. The company promises to pay cash in around 30 minutes, if it's interested in what you're offering. Are you a parent with growing children? Try using the Once Upon A Child chain in the event that there's a store close to your home. You can be paid cash on the spot for shoes, clothing or toys, and even furniture.
2. Sell your sought-after equipment to a pawnshop
Did your music career stall before you even started? A local pawnshop may purchase your instrument, jewellery, electronic device or a assortment of other items directly. Alternatively, you can , which is where the shop lends the money -- approximately $150, in accordance the National Pawnbrokers Association -- and holds your item as collateral until you are able to pay back the loan. Pawning an item, also known as pawning as, is subject to fees. Selling it on the open market is the best way to earn money quickly, with no strings attached.
3. Sell gold, or other precious metals
You probably have a local jeweler or coin shop nearby that buys gold as well as the other rare metals. Selling old jewelry is an effective way to make decent money, based on the number of ounces you have. But, rushing a deal could leave valuable money on the table. If you are considering a low-ball offer on a potentially valuable heirloom, it'd be wise to consider a sale, even though it could cost you upfront and take longer than an hour.
4. Sell your spare change
Technically, it's not earning any money, but who wants to lug around a 10-pound jar of coins or pay for gas using quarters? Coin kiosks offer an easy and quick method to exchange your nickels and dimes for dollar bills, but it's not free. A popular choice Coinstar is charged an 11.9 per cent service charge as well as an $0.25 transaction fee to get cash. If you're OK with that, it's a legit way to get some spending cash in just an hour. By using an eGift credit card from Coinstar is a cost-free method to cash in your coins. In addition, your bank can convert your coins you have rolled into cash without cost.
Simple money management
NerdWallet keeps track of your income, expenses, and gives you ways to save more.
Aid a friend in dire need
5. Feed or walk a dog pets while your neighbor is away
Do you have a way with animals? If so, let your pet-owning neighbors and friends you'd love to help out. Take a walk with a dog, feed cats and clean its litter box when the owner isn't around, and charge a fee per visit. Tell your client you'd prefer to pay them after every visit. Offer to accept Venmo and cash App and Zelle to make it more convenient for them to make payments. Applications like these can aid in finding customers when word-of-mouth is more than an hour.
6. Babysit a kid for an hourly fee that is affordable
Parents require nights out with their kids, and a reliable sitter can give moms and dads peace of mind when they hit the town. Babysitting is a popular way for a responsible person to make a quick buck. The amount you can make varies, however, according to child care site UrbanSitter The average for the nation to watch one child is around $20 an hour. Establish a good reputation and you'll get babysitters on the fly. In addition, you can count on parents to sit down in a matter of minutes.
7. Whip your neighbor's yard into shape
If you're keen and have the proper equipment, you can get paid to sweat it out in the garden. Check your neighborhood for homes with a yard in need and stop by to make your pitch with a lawnmower, rake or garden shovel on the way. A professional lawn-care service could earn between $50 and $210 per yard, based on the size, as per Angi.com. If you're a novice, you should probably expect lower.
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Other popular ways to make money in one hour usually come with a catch
Earn cash (or pennies) in rewards with apps for rewards at the right time.
Are definitely a thing and they pay dividends when you are a diligent. The catch? You usually have to spend money to earn money. Apps such as Ibotta and Rakuten offer shoppers cashback when they purchase items at partner stores affiliated with them. With Rakuten the money you earn will be visible on your app's dashboard quickly however, the company sends payments out each three months. In addition, you'll need a minimum balance of more than $5 to cash out. There's no one-hour payday here.
It turns out that taking isn't the most efficient way to earn money.
Take a drive for Uber or Lyft
Rideshare is a great option to earn full-time wages or cash-flow, however you need to have a few important things in order to qualify for . Requirements include an active U.S. driver's license, an approved 4-door car and background checks. If you're only starting the process, that first payday may take just a few minutes in a literal sense. However, once you've got it established, you'll be able to receive your money instantly if you use each company's debit card account.
Do you want to take packages or food instead of people? Other popular services such as Instacart or Amazon Flex takes time upfront to begin, too.
Make sure you are aware of your options
If you're looking to turn your cash-based work into a longer-term income, there are plenty of possibilities to take into consideration. Earning steady income takes some time (read more than an hour) and work, but the increasing demand has created more flexible options for work than ever before. Plus, .
About the author: Tommy Tindall is a personal finance writer at NerdWallet. He writes about smart spending as well as strategies for planning to have a successful financial future.
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