5 Quick and Simple Money Hacks
If you are late to pay the rent, are unable to fill your tank with gas in order to get to work, or simply need some cash quickly then there a few money hacks you can try out to get your hands on the cash you need quickly and efficiently. Here are five quick tips to raise money without too much of a hassle.
Sell Your Plasma
In the United States you can legally trade plasma, which is the fluid found in blood corpuscles. If you live in a large city, there should be clinics in your vicinity that will pay up to $35 or more for your plasma. You are allowed to donate up to two times a week, and so if you are willing to go through some slight pain this could be well worth your while. Donating plasma involves getting your blood drawn, which is then drained of the plasma and then returned to your body. This takes between 30 minutes to an hour to do. In order to be eligible to donate you must not use drugs and be healthy.
Participate in Medical Tests
Many large colleges have medical research projects that require a few human guinea pigs in order to test new treatments and medicines. Because the pool of people who are willing to undergo such tests are usually pretty limited, you can often get a hefty reward for doing so. In fact, some more invasive tests may give their volunteers as high as a four-figure check. A good place to start looking for medical tests you can participate in is the National Institute of Health, which currently has over 300 studies that they require volunteers for.
Withdraw Money From Your Life Insurance
Before you choose this option, keep in mind why you obtained your life insurance policy in the first place. You most likely obtained it as a way of protecting your loved ones. However, if you are desperate for money then withdrawing it from your life insurance policy is a viable option. If your life insurance is a universal or whole policy than it has a cash value that you are able to obtain simply by calling your life insurance agency and inquiring about the process.
Return Unneeded Past Purchases
If you are desperate for some cash than you may want to consider returning some of your recently purchased merchandise in order to get cash back. This is one of the easiest and quickest ways to get quick cash, and can be useful if you are in a bind. Most stores give you back the full amount for your item if you have the receipt on hand. However, keep in mind that if you used a credit card to purchase an item, you will only be able to receive credit for that item. Also be aware that if you are strapped for cash, you shouldn’t be using your credit card for items in the first place.
Collect All Your Loose Change
Although what you have in your living quarters varies, most people have the basics, which they should look at for loose change. A good place to start off with is your bed stand or anywhere that you tend to set things aside like a home office. Looking through your sofa never hurts either, as coins can easily drop under the cushions. Laundry rooms are also a great place to look for any extra money, as money forgotten in a pocket can get placed there or can get waded up at the bottom of the washing machine.
Finances - 30 Jan, 2014 - No Comments
