Content of the material

  1. Summary
  2. Video
  3. 8. Money-making strategy: Sell on CafePress or Etsy
  4. 16. Money-making strategy: Advertise for companies with a car wrap
  5. New Ideas For Side Jobs Freshly Revised For 2022
  6. How to make $1,000 grow fast
  7. 41. Start investing
  8. Our pick: Best high interest savings account
  9. 42. Invest in property
  10. Legit Ways to Make 1000 Online Using Sharing Economy
  11. 24. Airbnb Your Home (or Part of It)
  12. 25. Drive for Uber or Lyft
  13. 26. Make Travel Arrangements
  14. 27. Start a Shopping Service
  15. 28. Start an online store
  16. 29. Open an Amazon FBA Business
  17. 30. Become a Local Guide
  18. How to easily make $1,000 if you don’t need it fast
  19. You can also make money in a passive money. Here are some additional passive income ideas:
  20. #13 Sell on Amazon
  21. Best Ways to Make $1,000 a Day from Home
  22. FAQs
  23. How can you make an extra $1,000 a day fast?
  24. What are the best ways to make extra money online?
  25. Is it possible to make money as a blogger or podcaster?
  26. How do you get started as a freelancer?
  27. How To Be Successful Without College My Two Cents
  28. 6. Get Your Freelance Hustle On
  29. How Creative People Can Earn 1000 Fast
  30. 18. Write a Book
  31. 19. Play Music in a Busy Area
  32. 20. Take Stock Photos
  33. III. How to make $1000 fast in a month or more
  34. 2. The paid surveys stack
  35. How to Make $1,000 in One Day?
  36. Sell Things for Cash
  37. Complete Yard Work for Neighbors
  38. Refinance Debts
  39. Sell Your Vehicle
  40. Donate Blood
  41. How to make $1,000 a week from home
  42. 28. Rent out your space
  43. 29. Sell your car
  44. 30. Rent out your stuff
  45. 31. Rent out your car
  46. 9. Start A Money Making Blog Or Website
  47. Avoid These Sources of Immediate Cash If You Need Money Now
  48. Payday lenders
  49. Borrowing against your retirement
  50. Taking out a second mortgage
  51. Opening up new credit card accounts
  52. Borrowing from family and friends
  53. Crowdfunding


The bottom line is, there are lots of ways you can make $1,000 in one week if you’re short on cash. There are many more options such as bookkeeping, etsy, pet sitting, or even creating your own online business blogging.

We hope our list above is helpful in this time of need to make $1,000 fast.

Give some of these legit ways to make quick money a try. I’d be willing to bet you’ll earn more than you expected if you try hard enough.

Who knows, maybe you’ll turn these side hustles into a full-time job with a full-time income.


8. Money-making strategy: Sell on CafePress or Etsy

If you can design digital items, you can sell them for a share of the profits on a site like CafePress. You can do this with nothing more than some design software. They can include custom logos, inspirational sayings and other topical or trending designs appealing to the masses.

You could hire a designer to assist you with this, but you still need to come up with the ideas. This works best if you understand design yourself but requires no overhead. Items are printed and delivered on-demand. You simply receive a share of the proceeds. Similarly, you could sell items on Etsy as well.


16. Money-making strategy: Advertise for companies with a car wrap

Platforms like Carvertise connect brands and companies with drivers. The process is simple — agree to turn your car into a roaming billboard for a price. If you qualify, you can earn a set monthly fee for advertising with your car. You won’t have to pay anything to do this, but you’ll need a clean driving record and a fairly new car.

You’ll have to drive the car enough to be worth it for brands paying for your services. If you have all that, then you could make a bit of side-hustle income through this endeavor. 

Related: The 7 Toughest Startup Lessons You Don’t Want to Learn the Hard Way

New Ideas For Side Jobs Freshly Revised For 2022

Make Money Online, Personal Finance, Uncategorized

Depending on your needs and skills, there are tons of ways to earn a fair amount of money during your downtime. So in this post, I’m going to drop some fresh ideas for side jobs to augment your income.  Working from home has provided an ideal setting for anyone…

How to make $1,000 grow fast

Alternatively, you may be in the position of having saved up some of your own cash already and want to know how to make extra money off that. You could even have used the tips on this list to make your first thousand dollars and now want to see how to make that $1,000 grow fast to build your savings up even more.

Which is great! This means that this section will give you a good taster of how, with some careful money management, you can continue to grow these savings going forward.

41. Start investing

For any savings that you may use in around the next two to three years (like an emergency fund or house deposit), it’s a good idea to keep these in a high interest savings account.

For this, I always recommend CIT Bank. Their interest rates are some of the highest in the business and their accounts are completely fee-free, making it a great option for keeping your savings secure.

Our pick: Best high interest savings account Why? Well, because it’s got: 0.45% interest (over SEVEN times higher than the national average) No fees and only a $100 minimum depositFDIC insured, meaning your money’s safe SIGN UP NOW

However, for any money you want to grow over the longer term, the best thing you can do for securing your financial future is to start investing.

It can be a bit intimidating to get started, but it’s actually much easier said than done and is the best way to guarantee that you’re prepared for retirement.

After all, investing your money is the best way to get yourself to the point where you’ll find it easy to get $1,000 fast per month from dividends alone – which you can then combine with other options on this list to supercharge your wealth-building.

My personal favorite starting point for anyone (and is the book I personally used to start investing myself) is to read J.L. Collins’ book The Simple Path to Wealth.

It sets out clearly and simply exactly what you should be doing for setting up your financial future and I can’t recommend it enough for any wannabe investor.

42. Invest in property

While my personal preference is to follow the strategy in The Simple Path to Wealth and invest in low-cost index funds that track the market, it’s true that investing in property is also a very attractive option.

Unfortunately, it’s often easier said than done, especially for those of us living in very high cost of living areas.

However, while it may be beyond your means to save a house deposit at this point, there are other great, secure ways to invest in property. Enter: real estate crowdfunding.

What it is is that it allows a group of individuals to raise capital (i.e. combine your available funds) to finance a real estate project. You’ll do this by buying shares in a crowdfunding company, with the company being the property owner.

Any profits from the real estate venture are then given back to investors. This can include any including rental income or money made from flipping the property.

One company that offers this is BrickFunding, so take a look at their site to see whether there’s a real estate crowdfunding option that works for you.

Legit Ways to Make 1000 Online Using Sharing Economy

Technology brings with it hundreds, thousands, and millions of new ways to make money. Tons of these money-making systems are powered by just an app. And it is possible to make 1000 a day with the right circumstance.

Here are a few that are super powerful, but didn’t exist just a few years ago.

24. Airbnb Your Home (or Part of It)

When people travel, they don’t always want to stay in hotels.

Staying in a private home allows visitors to enjoy a bit more space and a functioning kitchen. You can rent out a room in your home or the entire home on Airbnb.

Prices vary substantially depending on location and amenities, but if you have a spare room and you live in an area with local amenities and attractions, you could easily make $1,000 in a month.

If you have a larger area, you might make that in a week.

25. Drive for Uber or Lyft

Companies like Uber, Lyft, Sidecar, and Flywheel are filling a need that people have had for years: transportation.

You could sign up to drive for whichever of these hire-a-ride services are most popular in your area and spend your off time raking in the money.

On average, an Uber driver makes about $15 per hour before expenses, and that doesn’t include tips.

This goes up during “surge” times — these are when many rides are needed.

So if you’re willing to drive, say, into your nearest city to chauffeur people to and from the airport on weekday mornings, you could make more.

If you made $20/hour with tips, you would only have to drive for 50 hours to make a grand.

If you’re looking for ideas on how to make 1000 fast because you need the money for something in particular, you could drive for five hours after work for just 10 days and raise the funds you need.

Everyone has the same 24 hours per day, but when people are busy, they have the option to buy someone else’s time.

If you can find people who have the money to spend on this type of service, you could be golden.

26. Make Travel Arrangements

Do you love to travel?

People with money (and even people without money) will sometimes pay out the nose for travel experiences that shoestring-budget travelers have done for far less.

If you know how to arrange travel, you could save people time and money while earning an income.

For example, knowing when to book airfares for the lowest cost will help you save your clients some money that can go into your pocket.

You can also book hotels, purchase tickets to popular attractions, and make dinner reservations for those who hire you.

They’ll save time and will just have to show up and enjoy their vacations.

Meanwhile, you can charge for each flight you book and anywhere from a couple hundred to a thousand or more dollars for making the rest of the travel arrangements.

If your clients are busy (and wealthy) enough and they trust your judgment, you could practically name your price.

27. Start a Shopping Service

Everyone needs to shop, but not everyone has the time. Even with services that allow you to order groceries online, some people just don’t have the time or inclination.

If you have time and you like shopping, this is where you come in.

Personal shopping services are great for busy consumers and even better for people who enjoy shopping and want to make money.

You could pick up groceries for one client, shop for a birthday gift for another client’s daughter, and run to the hardware store to fulfill another client’s home improvement shopping list all before lunch!

The average personal shopper makes about $34,000, or a little less than $3,000 per month.

If you put in more hours than average or you live in an area with a higher cost of living, you could probably make $1,000 in a week if you needed and wanted to.

28. Start an online store

You don’t have to stop at doing the shopping for others. You can start your own product business and have other people shop from you!

Starting your own online shop isn’t as hard as it sounds and the payoff can be massive.

If you want to start your own business, we recommend taking a look at Shopify. They help you build a store, set up your products, and connect with your customers.

Shopify makes it easy to run your own online store. They make sure that you’re able to take payment online and even give you discounts on shipping rates with USPS, UPS, and DHL Express.

You don’t even have to pay to give them a test run.

start your online store with shopify

29. Open an Amazon FBA Business

Amazon FBA makes it easier than ever to sell your products to everyone who uses Amazon.

Amazon FBA works by allowing you to make your own product, ship it to an Amazon warehouse, and sets your product up on Amazon.

Amazon itself handles all of your logistical work. They store the product, ship it to the customer, ask for a customer review, and even handle a little bit of the return process.

If you’re interested in doing some stuff with Amazon FBA, I recommend you check out Jungle Scout.

Jungle Scout helps you to know what products have high search volumes but low competition. You can use it to find “low hanging fruit” that will allow you to profit much sooner than normal.

Click here to try out Jungle Scout

30. Become a Local Guide

Do you live in a location where tourists tend to visit? Maybe you know the woods or trails in your rural area like the back of your hand. Or perhaps you’ve made it a point to become an expert in the hidden gems in your suburban area.

Everyone from visitors to stay-cationers might find your expertise something worth paying for.

You can become a local guide; either get a part-time job with a tour company in your area or start your own business by moonlighting on the weekends.

Airbnb even offers a great, safe way to reach out to tons of potential customers.

You’d teach others what’s special about your city, town, or neighborhood and bring in extra cash!

While the average tour guide for a company starts out making about $12 per hour, you could charge double as a private guide.

If you made $25 per hour and turned it into a full-time gig, you could make $1,000 in a week.

How to easily make $1,000 if you don’t need it fast

Of course, the above methods (and more) are also perfectly suited even if you are just looking to make some side income. Below are a few key ones I recommend.

You can also make money in a passive money. Here are some additional passive income ideas:

  • Join an ad network if you have a blog or a website (self-hosting will really help)
  • Join an affiliate program to further monetize your sites
  • Invest in dividend-paying stocks
  • Rent out what you have (your room, your car, you name it)
  • Maximize bank bonuses
  • Open a high-yield savings account. For Canadian residents, you may want to consider EQ Bank’s Savings Plus Account.
  • Invest your spare change with Acorns. Check out my Acorns review to learn more!
For a limited time, Acorns is offering a $20 bonus when you make your first investment. Sign up directly for Acorns here, or check out my Acorns review to learn more!

Through a combination of the strategies above, you can make an extra $1,000 a month, or even a week!

#13 Sell on Amazon

If you are an online shopping freak or are good at spotting good deals, then you may consider Amazon FBA program.

It can be a great way to make extra cash for the holidays, especially Christmas.

You can find good deals on brick and mortar stores or online and resell them on Amazon platform at a higher price.

With Fulfilment by Amazon (FBA), Amazon will handle the shipment and other handling. That means, all you have to worry, is shop for it.

Jessica from the Selling Family makes $5000 a month working part-time.

You can check out her free course on using Amazon FBA here

Best Ways to Make $1,000 a Day from Home

Luckily, many of the methods listed above can help you make $1,000 a day from home.

To make 1000 dollars a day from home, I recommend starting a blog, freelance writing, and investing with Fundrise and Acorns. These methods are reliable ways to earn extra money from home so you can make $1,000 fast.


How can you make an extra $1,000 a day fast? If you stack certain side hustles, or do multiple side hustles at the same time, it’s possible to make a lot of money without having a full-time job with a huge income. Here are a few options to get started:Deliver food with DoorDash Dog sit and dog walk with Rover Do projects on HomeAdvisor Resell on eBaySell your own products on EtsyStart freelance writing for blogsCreate an online courseBuild a podcast followingLearn how to do affiliate marketingMonetize your social media followingWork from home as a virtual assistantPick up gigs on FiverrMake an online business What are the best ways to make extra money online? If you want to make extra money online, consider these options:Resell on AmazonStart bloggingDo affiliate marketingWrite freelance articlesTake online surveys with Survey Junkie Start a Shopify store Build a following as an influencerCreate and sell an online courseFind side jobs on Fiverr or UpworkBecome a streamerWork as a virtual assistantSell photographyRun a podcastSell on eBay Is it possible to make money as a blogger or podcaster? Yes, it’s possible to make real money (and good money) as a blogger or podcaster. A lot of people use their blogging or podcasting platforms to earn a living or make money as a side hustle. But it’s not always easy and can take time to gain popularity. A little know-how about how bloggers and podcasters make money can go a long way. This knowledge is best gained by researching popular people in these industries and then getting started yourself. You’ll become more experienced the longer you stay at it. Keep in mind you won’t typically make money fast or earn quick cash from blogging or podcasting unless your content goes viral and you maintain your popularity over time. How do you get started as a freelancer? Getting started as a freelancer depends on what kind of freelancing you want to do. But whether it’s freelance writing, freelance photography, or something else, you’ll likely need to have some experience first. Unless it’s an entry-level role, employers want to see that you know how to do what the job requires. Your work, such as photos or writing examples, can be showcased in an easily accessible online portfolio. This helps recruiters see what you’re capable of when you’re applying for different positions.

How To Be Successful Without College My Two Cents

The Adventure of Life

College may be an incredible experience, and earning a degree can be the proudest achievement of one’s life. However, it’s simply not for everyone. Fortunately, you can still make it big even without higher education. So I’ve loaded up this post with tips on…

6. Get Your Freelance Hustle On

It’s a great time to be a freelancer! There are so many opportunities out there to earn money online, it is mind boggling. If you have any type of skill, from writing, to analytical, to finance, there are likely jobs you can do online and get paid for it.

Check out this awesome course on how to get started freelancing! You won’t be disappointed.

For example, if you can write, you can easily earn $800+ per month freelance writing for bloggers and other websites. It’s actually how I got started making money online. I would write a short 300 word article for $20. It took a lot of articles, but at my peak, I was personally earning over $2,000 per month freelance writing. Check out this article on how you can get paid to blog.

Another example is SEO consulting. If you like websites and have some analytical skills, you could become an SEO consultant and earn over $75/hr. That means you really only need to put in about 10-12 hours per month to get to your goal of $10,000 per year. Check out this free video course on how you can become an SEO consultant.

How Creative People Can Earn 1000 Fast

Are you always creating something? Do you write, paint, take photographs, or play a musical instrument?

If you have a creative bent, you can find yourself making money while doing what you enjoy most.

Here are some ways to let your creativity take center stage while you learn how to make 1000 dollars fast.

18. Write a Book

Not everyone can write well, but if you can, it might be worth it to give e-publishing a try.

Making money with eBooks depends on developing a niche, packaging your content well, and choosing the right platform.

With eBook royalties being around 2/3 of the list price for most books, you could make $6.50-7.00 per book if you charge $9.99.

If you sell just under 150 copies, you’ll make $1,000.

Amazon is a great place to do this since they offer Kindle Direct Publishing (KDP). You can bypass traditional publishers (and the process of getting rejected by 99% of them).

KDP allows you to put out the content you want, when you want, for the audience that you know is waiting.

If you’re going the KDP route, I recommend taking a look at KDP Rocket. They help you locate keywords that people are looking for.

This tool helps you to know ahead of time what words you can do to sell more books. It provides modern authors with information that was inaccessible just a few years ago.

try KDP to unleash the book you’ve always wanted to write

19. Play Music in a Busy Area

You’ve seen street musicians playing for crowds. Most of them set up a bucket, hat, or guitar case for tips. And many people will throw a buck or two, or at least a handful of change, into the container!

Could you put this on your “how to make 1000 dollars fast” list? Maybe!

A very limited study of 10 musical sessions in Boston found that the musicians in question made an average of $42.55 per hour, but this varied greatly.

The most lucrative time in this particular case was on a Friday evening, where the duo made three times their average.

So just give it a try!

20. Take Stock Photos

Have you ever read a blog post and wondered where the author found the image?

Often, you’ll see that images like this are stock photos, which are sold through websites such as Getty Images, Shutterstock, and Adobe Stock. People purchase the rights to use the photos in their own work.

If you’re a decent photographer, you can take stock images and sell them to these types of sites.

The site will take a fee ranging from 50 percent to 85 percent, and each photo will usually be sold for just a buck or two.

Still, if you’re taking photos anyway, you could conceivably rack up $1,000, and it might be faster than you think!

III. How to make $1000 fast in a month or more

This is one of the most realistic one in terms of time.

All the options that we discussed above can take a few week to a month to earn $1000 for you. So, keep an open mind and trust yourself.

So, let’s look at a few more options to make 1000 dollars

2. The paid surveys stack

This next income stack is centered on getting paid to share your opinion — then saving money freed up by these rewards.

The first step is to start completing online surveys through platforms like Survey Junkie and Inbox Dollars. Both of these websites offer compensation to participants who take surveys.

Survey Junkie offers a rewards program that provides participants with gift cards to major retailers like Amazon or Target, or with cash deposited to a PayPal account. Inbox Dollars provides cash for completing surveys as well as rewards for other actions such as watching videos or shopping online through Inbox Dollars offers.

You can then use your cash and cards earned through these programs for everyday expenses and purchases. As you do so, it can generate more wiggle room in your budget.

That’s where the second step of this stack comes in, with the savings app Digit. Digit connects with your bank account and analyzes your cash flow, making the most of “extra” money in your budget. It then captures “found money” or cash that won’t be missed, and automatically moves it to a savings account.

How to Make $1,000 in One Day?

While making 1000 dollars a day can be more challenging – it can be more simple to earn 1000 dollars in one day alone.

If you want to make $1,000 in one day, try using some of the following methods.

Sell Things for Cash

If you need $1,000 fast, selling things from around your home can be the easiest way to get quick money.

For example, selling old electronics, furniture, or other valuables can easily net you the $1,000 you’re looking for.

Complete Yard Work for Neighbors

If you have some extra time and aren’t afraid to get dirty, try offering to do yard work for your neighbors.

Landscaping, leave pickup, and bush trimming are all simple tasks that you can complete quickly if you have the right equipment.

Depending on the task, it’s possible to make over 1000 dollars in one day from your work. You can choose to set an hourly rate or get paid for the entire job.

Refinance Debts

Refinancing debts is a great way to keep more money in your bank account each month.

By refinancing debts, you can often get a 0% APR for one year. This means that for 12 months you won’t have to pay any interest on your debt and it would allow you to save money on the expense.

Refinancing debts is a great money management strategy you can use to start laying the groundwork for your finances.

Sell Your Vehicle

Selling your vehicle is a simple way to make money fast but it’s not always practical. Unless you live in a big city or there is ample public transportation in your area – selling your vehicle should only be done if it makes sense.

Donate Blood

Donating blood plasma is a free way to make some extra cash if you don’t mind a small prick. It can take a couple of hours but you can earn up to $60 for each donation. While this isn’t quite the $1,000 you’re searching for, it can help you make progress toward your goal.

How to make $1,000 a week from home

28. Rent out your space

It’s not only unused things that can make your money. You should also look into making money from any unused space you have.

This could include any empty bedrooms in your house, which offer a perfect way to make money through Airbnb. You don’t even have to rent it out all the time – simply make the room available on the site whenever you need a bit of extra cash.

And this can be particularly lucrative if you live somewhere where there are a lot of tourists or where people travel often for work or for major events.

You can also make money in a similar way from renting out any spare parking space you have on sites like Oscar.

We all know how crazy expensive parking can be in major cities. So if you have a spare spot for some reason, you can rent this out for literally hundreds of dollars a week for someone else to use.

Depending on where you live and how much parking is at a premium nearby, this is one of the simplest ways to make $1,000 fast as you literally have to do nothing at all.

29. Sell your car

Many households spend far more on having a car – or cars – than they need to. 

Perhaps they have two cars, when one would be more than enough with a few changes in schedules and habits to allow everyone to share its use. Or maybe their cars are much bigger than they need or older and less fuel efficient.

In either case, you’re going to spend a small fortune on gas and maintenance compared to changing to a more efficient option.

That’s why one way to get $1,000 fast is to look into changing your household’s car situation. If you have two cars, it’s time to seriously look into dropping back to a one car household.

And if your one car has been costing you more than you’re comfortable with, you should look into switching to a more fuel-efficient, smaller second hand car – or even getting rid of your car all together.

After all, taking public transport, walking or riding a bike everywhere is going to cost a fraction of the price of having a car. Not to mention the money saved on your increased health!

Related: 22 Proven Ways to Get Cash Urgently If You Need Money Desperately

30. Rent out your stuff

If you have a lot of unused stuff lying around, renting out to people who want to actually use it can be a simple way to make $1,000 a week from home.

Things like a bike that you’re not riding much at the moment or sporting or photographic equipment is in very high demand on sites like Buro.

By renting out your stuff through sites like these, you’ll be insured in case something happens to your things. And assuming everything goes to plan, this is a great way to make extra money with barely any effort needed on your part.

31. Rent out your car

Similar to the above, if you have a car sitting in your garage unused for long periods of time, you can easily make money from this by renting it out to other people.

Turo is a great site for this. You simply post a profile online and people can then indicate their interest in using your car for short periods of time.

While the site does provide some insurance, make sure this is enough for you and that doing this won’t have any implications on your own personal car insurance.

Otherwise, if that’s all in order, this is an easy option to make money from your car instead of simply having it sitting and gathering dust somewhere.

9. Start A Money Making Blog Or Website

This is one of my favorite ways to earn money online – start a blog (just like this one). The hard part about starting a blog is that you won’t make huge money overnight. But it’s possible to make $10,000 in just a year if you work at it.

For reference, I didn’t make much in my first year, but I made more than $10,000 by year 3, and I was making $30,000 per year by year 4. You can really make a lot of money online if you work at it.

But even better, getting started is cheap. I got started with a website on Bluehost because it was recommend by others and it was cheap. Right now, you can start a blog on Bluehost for as little as $2.95 per month.

Once you get going, read my tutorial about how you can setup your blog and start making money from it.

Avoid These Sources of Immediate Cash If You Need Money Now

Sometimes what seems like the simplest or easiest solution comes with the most risk. Before using crowdfunding or opening up a new credit card, make sure you carefully weigh those against the benefits.

Payday lenders

Using a payday lender seems like the most effective way to get cash when you need it. The process is simple, locations are easy to find and accessible, and you’ll walk out with money in hand.

However, the interest rates can be 400% APR or more, and the repayment term is short, making it difficult to pay back the money you borrowed without having to take out another loan.[1]

It’s easy to find yourself perpetually indebted to the loan company. If you truly have no other option besides a payday loan, do whatever you can to pay back the initial loan by the due date to avoid getting trapped in the payday loan cycle.

Borrowing against your retirement

While you can borrow against your 401(k) for a tax-free loan, it’s generally not a good idea. This comes with a large opportunity cost.

When you take out money from your retirement account, you lose any compounding interest and your contributions decrease, along with any possible company matches. If you do borrow against your 401(k), make sure you fully understand the repayment options and consequences.

Taking out a second mortgage

Taking out a second mortgage or home equity loan or line of credit isn’t the worst option for getting money now, but it is something to consider carefully.

By borrowing against your house, you’re using the equity in your home as collateral, impacting your home’s resale value. Second mortgages can be expensive thanks to things like appraisals and fees, and if you don’t pay your loan, you risk losing your home to foreclosure.

Although interest rates are generally lower than credit cards, make sure to carefully weigh if this is the best option for getting quick cash. Proceed with caution if you go this route.

Opening up new credit card accounts

Like payday loans, opening up a new credit card gets you access to funds instantly. It’s a simple process that you can usually complete online, and you’ll immediately know your credit limit.

It can be a practical option, especially if you have a plan to repay the money, but it can also be a dangerous one if you rack up a huge balance. You don’t want to end up in a more precarious financial situation than when you started.

Make sure you read all the fine print, especially if your new card comes with a 0% introductory APR. If you don’t repay the balance before the offer expires, you may be charged extra back interest. If the card comes with a cash-back bonus, find out if it applies as a statement credit or a deposit into your bank account.

Borrowing from family and friends

Asking friends or family for money can be a humbling experience. It’s difficult to admit being in a financially vulnerable position, and it’s even harder to ask for help. If you have generous friends or family members, they might be willing to provide you with an interest-free short-term loan.

If that happens, both parties need to understand the repayment terms and other conditions. You need to make sure you’re fulfilling your obligations to them and not engaging in frivolous spending. Be sure that borrowing money from them won’t negatively impact your relationship. If you have any doubts, don’t ask.

Related: 4 Reasons Why Lending Money to Friends and Family is a Bad Idea


GoFundMe or other crowdfunding platforms may seem like a good idea for getting money when you need it, and it prevents the embarrassment from asking friends and family directly. However, it comes with many of the same risks.

You may open yourself up to criticism, comments, and insults about your financial situation and you as a person. If you have a strong community and support system and are aware of the possible backlash, then crowdfunding may be an okay option.s


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