If you’re looking how to make $10,000 fast, you’ll be glad to know there are many ways to do so.
Of course, it’s worth saying upfront that you will need to dedicate a lot of time, put in a lot of hard work, and act fast if you want to earn good money.
But if you want it badly enough, I know you’ll take action. This article will help you get some ideas on how you can make 10k fast.
10 Ways to Make $10,000 Fast
Here are the 10 fastest ways to make $10,000:
- Selling Your Old Stuff
- Affiliate Marketing
- Offer Online Classes
- Hosting People
- Selling Online
- Rideshare Driving
- Invest Money
1. Selling Your Old Stuff
We all have loads of stuff around the house or apartment that we don’t need or even use.
From clothes and furniture to electronics and books, many people have high-value items that could be sold for a good amount of cash.
n fact, studies have shown that the average household has around $20,000 worth of personal belongings. This means that if you were to sell half of your stuff, you could easily make $10,000 fast.
While selling things you own might not feel very good, the de-cluttering can be quite a liberating experience.
If you’re still finding it difficult, remember that you can always re-buy the things you’re selling later.
Once you’ve made the decision about which stuff to sell, consider these platforms
- Craigslist. Craigslist is a great option for selling locally, which can come in handy if you’re selling bulky items such as furniture or a TV
- eBay. eBay is known as the go-to place for just about anything, and you’ll be able to reach a far bigger audience with buyers and sellers from all over the world refer to this platform for pretty much everything under the sun
- Garage sale. Garage sales are as local as you can get and can offer a quick way to sell pretty much anything
- Facebook Marketplace. Think of Facebook Marketplace as the new Craigslist with the added benefit of offering more trust to both buyers and sellers
Freelancing is one of the most flexible ways to earn money. You can do it as a part-time gig or even turn it into your full-time job.
You can freelance for just about anything so think really hard about what skills you have and then see how you can offer these on a freelance basis.
Most freelancing – from freelance writing to freelance graphic design – is done online these days, but there are also opportunities to do these offline.
You can easily start by visiting a trusted freelancing platform and see what kind of jobs are available to get a better idea of what kind of services you could potentially offer.
Do keep in mind that some services tend to have more demand than others, such as:
Even if your skills are basic, you could easily take low-paying jobs and then work hard at building your skills and client base.
Once you do this, you will then be able to charge more as your skills improve, and you start producing high-quality work.
A lot of people start out freelancing to earn a bit of extra money but then manage to turn it into their full-time job over time, and easily make $10000 fast.
Here are some platforms to consider if you decide to give freelancing a go:
- Fiverr. Fiverr is one of the most known freelancer platforms around where you’ll be able to find jobs from buyers all over the world.
- Upwork. Just like Fiverr, Upwork is another well-known freelancing platform where you can freelance for anything from accounting and admin support to customer care and legal services.
3. Affiliate Marketing
Affiliate marketing can earn you a lot of money with little investment, but you will need to dedicate quite some time to make it work. The basics of how affiliate marketing works are simple.
Instead of attracting and selling to your own customers, you attract potential customers, then send them off to someone else who sells their own products and services.
You earn a commission on each sale with some affiliate marketing programs offering passive income on all subsequent sales from each converted customer.
You will need to find an affiliate marketing program and then build a website to attract potential customers. Knowing your way around social media platforms like LinkedIn and Facebook and search engines like Google is important to be able to get visitors to your website.
From there on, you will need to keep optimizing the website to make sure more customers buy more of what you’re promoting so that you can earn even more commissions.
It might take you a while to get the right amount of traffic, and it does require a lot of work, but once you do, it’s just a matter of keeping it going.
If you’re passionate about any specific subject, blogging about it can be a great way to earn extra cash on a regular basis.
From fixing cars to baking cakes or growing your own vegetables, it’s more than likely that there are many people looking for information about that subject. With blogging, you can reach a worldwide audience, so the efforts you put into it can reach many willing ears.
Just like affiliate marketing, bloggers need a good grasp of search engines and social media to get the numbers where they need to be in terms of visitors.
There are many different ways to monetize (make money from) the people who visit your website. From selling them things related to the subject, you’re covering to showing ads (or both), you can make money and offer useful advice at the same time.
If you’re new to all of this, you can also find many free and paid courses and blogs to help you with such things as optimizing your website for search engines, so don’t give up before trying if you’re passionate enough about it.
5. Offering Online Courses
Education is big business, and tapping into this market has the potential to earn you cash with minimal effort.
There are several ways to go about this – from developing your own coursework and delivering online courses yourself to joining existing schools and working as a freelance teacher. The choice is yours.
Developing your own coursework has the potential to bring you more money, but you will need to spend time researching and developing the coursework.
You will also need to spend some time filming the lectures and preparing any materials that the students might need to successfully follow your course.
Once done, you can upload the content you have prepared to websites like Udemy, and you also get to set the price yourself. Do remember that the platform takes a cut of whatever money you make, but you save money on building your own website and doing advertising.
Of course, you can build your own website and host the students yourself, but this will usually require a substantial budget.
You can also join platforms such as VIPKID and get paid hourly for providing English lessons to kids all around the world.
The pay might not be as good as launching your own course (provided that it’s successful), but you’ll definitely be able to start earning money faster.
6. Hosting People
If your home is large enough or you have an empty place, you could easily start hosting people through platforms like Airbnb.
Platforms like Airbnb are quickly becoming the go-to choice for people looking for short-term as well as long-term accommodation where you’ll be able to find anything from shared rooms to entire villas.
How much money you’ll make will largely depend on the location as well as the type and size of the accommodation you’re offering. Nicer apartments tend to fetch higher rates, so you might want to spruce the place up before listing it.
If you live somewhere where there’s a tourist season, you’ll be able to make more money faster during the on-season. If you live somewhere that is not very touristy, or there is little need for accommodation, you might want to consider hosting people’s things instead of people.
Apps like Neighbor let you list any empty space you might have – from a closet to the entire garage for people to use to store their things. You will get paid according to the space you provide.
7. Selling Online
These days, starting an online business is so easy. You can sell anything online – from your old cell phone to your jewelry you make yourself!
Selling things online certainly has the potential to earn you big bucks in a short period of time, but you will need to do some homework first.
If you already have stock that you can sell, good! We’ll give you a couple of ideas in a second. If not, you’ll need to do some research to find out what is selling and for how much.
Then, you’ll need to find a good and reliable supplier that can sell you things at a competitive enough price for you to make a profit.
If you’re handy and creative, you can also make your own things by purchasing the raw materials and turning them into actual products that people would want to buy.
While this might take some extra effort, the amount of money you’ll be able to make off each product sold can be quite higher.
One thing to keep in mind is that you will need space to hold the stock. The more space you have, the more stock you can purchase.
This means that you will be able to buy whatever you’re selling cheaper and ultimately sell more of it. If space is a problem, consider drop shipping.
With dropshipping, you do not have to keep any stock yourself as the order is fulfilled by the seller. Instead, you act as an intermediary and earn a commission for each sale that comes through you.
Of course, the margins are going to be much lower, but you can scale the whole operation exponentially without worrying about space, suppliers, and order fulfillment.
Consider these platforms to start selling online:
- Amazon. You can become an Amazon Seller and even use their fulfillment center if you don’t have that much space to store stocks.
- Etsy. If you’re good at making things, consider setting up an Etsy online store and sell your creations to a worldwide customer base.
- eBay. While eBay does not offer a fulfillment center as Amazon does, it still caters to a global audience and is well known as the go-to place for just about anything.
There has never been a better time to get into the delivery business as much as today.
With many people preferring deliveries to avoid the risks the crowds carry due to the pandemic, there are many opportunities to deliver anything from food and groceries to alcohol, office supplies, and anything in between.
In most cases, you’ll need to have a reliable car, and of course, a driver’s license, but some companies are also open to bicycles and walking in select cities.
You can even work as a shopper where your job will be restricted to picking out the items the customer wants, and someone else will do the pick-up and actual delivery.
- Postmates. Deliver anything from takeouts to Walmart groceries and everything in between, and you even get to keep 100% of the tips you earn.
9. Rideshare Driving
You can also choose to drive people to where they need to go.
You’ll need to have a reliable car (can’t drive people on foot or bicycle) that meets the requirements of the company and, of course, a driver’s license.
Working as a driver can be very flexible – you get the choose the hours you want to work and can accept or decline rides to make sure it is profitable for you.
- Lyft and Uber. Both of these companies have a wide presence across the US offering flexible hours and decent pay rates.
10. Invest Money
Investing is one of the ways that you can use to grow your personal finance. There are risks involved as you need to invest your capital, which you can lose.
This is why when it comes to investing, it’s important to know what you are doing.
There are different ways to invest, including investing in real estate, stocks, and other financial products, as well as peer-to-peer lending, among others.
Investing is one of the ways many people get rich, but you need to have a deep understanding of market conditions as well as healthy capital to start off with.
You can also make use of robo-advisors with many platforms using computer algorithms to do the investing on your behalf.
You’ll be able to choose your risk profile so you can determine how much risk you’re willing to take on.
Furthermore, these platforms usually come with apps for both iOS as well as Android devices so that you can keep an eye on your investments from virtually anywhere.
How Should You Make Your $10,000 Fast?
Before you get started making money, there are a few things to think about. This will help you choose the best route to make $10,000 fast.
Make $10,00 Fast Online or Offline?
One of the first questions that you need to ask yourself is if you prefer to make money online or offline.
Both have their advantages and disadvantages, and in most cases, it will come down to preferences, and any skills, as well as things you own, that you can put to use to earn money.
As an example, if you own a car, you could use it to make deliveries, but if you don’t own one, you will need to consider different options.
Lots of Little Jobs or One Big Job?
We all have limited time and energy, and when it comes to earning extra cash, the money needs to be made within the time we have available to us.
This means that you need to focus your time and energy on one big job or loads of little gig economy jobs to get to your goal. This will become easier once we look at the options available to make money.
Part-Time or Full Time?
If you already have a full-time job and want this to be your side hustle, planning how much time you can dedicate and when can help you understand which option or options might work the best for you.
The same applies if you’re looking to make this your full-time job. Consider any commitments you already have and come up with a realistic schedule of how much time you’ll be able to dedicate to this.
Making $10,000 Fast is Easier Than You Think
There are many different ways to make $10,000 fast. To be able to make money as fast as possible, it’s best to go with what you already know and the resources you have, but you also need to keep in mind the time you need to put in to be able to reach the 10 grand figure.
If you have enough time to dedicate, you can also take extra jobs that might not pay very well, but can still add to the pot.
Jobs like babysitting, dog walking, and other side hustles might not earn you a lot of money, but the contribution they make can still get you there that much faster.
Another thing that can help you earn money as you spend money (because why not?) is signing up for one or two cash back credit cards.
If you’re already doing an excellent job and making extra income with your side business, knowing that you’re also earning money through things like cash back credit cards can make you feel even more motivated to keep going.