Daily Archive: March 13, 2017

Mar
13

The folly of Trump’s bilateralism in global trade

Economic nationalists prefer the exercise of US power to co-operation

Mar
13

EM investors shrug off threat of US rate rises

Lure of higher yields leads some to ignore danger of further Fed tightening

Mar
13

The 11 Best Short Term Investments For Your Money

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I have $65,000 that I need to invest but I want to make more than the bank is offering.  Where can get a high return on a short-term investment with limited risk?

This exact question was asked of me just the other day.

You would be surprised how often I get asked something similar.  It has definitely been more times than I can count!

We’re in an eventful time where the stock market is behaving like a schizophrenic  and interest rates are at record lows – again. (I’ve refinanced my house twice!)

Low mortgage rates are great, but how do you actually make money in the short-term?

In such an unstable market, short term investing may be a safer alternative for investors. Short-term investing allows investors to invest their money, whether that be investing 10,000 or investing 100,000, with little or no risk, while knowing their money is not going to be tied up for long periods of time.

The typical short-term investment is expected to grow for several months, or a few years, and can be turned into cash or other short term investments when they reach maturity. (In the investing world, “long term” investments are really long term — often decades — which leaves room for short-term investments that can still last several years.)

Peer to Peer Lending

Peer-to-peer lending websites allow investors to broaden their investment portfolio by spreading out the investments and reducing their risk.  These websites work as tools to connect investors to qualified consumers in need of a loan and allow investors to become the bank, providing a small percentage of multiple borrowers’ loans.  Investors purchase notes and receive a monthly income in the form of loan repayment and interest. In the end, this can easily be a win-win for everyone involved.

1. Lending Club

best investments for the short term with Lending ClubLending Club sets the interest rate on notes based on specific credit criteria.  And since they only accept desirable borrowers, they dramatically reduce the risk for default and potential losses for the lenders.  Lenders may start out small and increase the amount of money they are willing to lend as their confidence in the company grows.  Lending Club offers loans from a few hundred dollars to over $10,000; how much you should invest depends on the level of risk you’re comfortable with as well as your investment timeline.

Here’s a video that walk you through the Lending Club investment process. You can also see my review post on Lending Club.

2. Cash Back Rewards Offers

Although investing $65,000 has little to do with credit card rewards, we wanted to include this tip from our resident credit card expert, Holly Johnson. If you really want to earn some easy money in the short-term, Johnson says “credit card rewards can offer epic returns with almost no effort on your part.”

While pursuing rewards may not automatically come to mind when you think of short-term investments, the signup bonuses credit cards offer can actually be extremely lucrative. However, your “earnings” will be based on your spending instead of the dollars you invest.

Rewards Credit Cards

Here’s how it works: Let’s say you signed up for the Chase Sapphire Preferred® card in order to score the huge signup bonus. The current offer will award you with 50,000 points worth $500 after you spend $4,000 on the card with 90 days. And since the $95 annual fee is waived the first year, you can earn this bonus without paying anything out of-pocket to do so. Are you with me so far?

To make the most of an offer like this one, you’ll want to meet the minimum spending requirement with stuff you were going to buy anyway. Think groceries, gas, and your regularly monthly bills. Then you’ll simply pay off your card right away to avoid credit card interest. It’s as simple as that.

The thing is, there are so many ways you can spend 50,000 Chase Ultimate Rewards points. For example, you could book $625 in travel through the Chase travel portal – that’s more than enough for a round-trip flight! Conversely, you could turn in those same 50,000 points for a $500 statement credit or $500 in gift cards.

Read about cards that offer up to 6 percent cash back at Card Ratings.

Short-Term Investment Account Options

Here’s what you need to know about the various short-term investment accounts available to you:

3. A Roth IRA

roth ira as a short term investmentI know what you’re thinking, “Jeff, the Roth IRA is NOT an investment.” Trust me, I totally get it. But let me explain why one of my favorite retirement accounts also can work as a short term investing account. With all other types of retirement accounts – from 401ks to Traditional IRAs – you get hit with an early withdrawal penalty and income tax if you withdraw funds before retirement.

The Roth IRA is different. Since you fund your Roth with after-tax income, you are free to withdraw any contributions (not earnings on those contributions) at any time you want. It isn’t recommended because you would much rather the money stay invested, but it does give you the option to set money aside for retirement now but withdraw it if times got tough. I have seen far too many people not save enough for retirement, and pay heavily for it in their later years, which is why I came up with some great ways to save money for your reference! Funding your Roth IRA allows to get a huge head start on this. In using this account for short term investing you’ll get:

The ability to withdraw funds. Transfers take a few days and you may have to sell investments at inopportune times in order to cash out. However, the fact that you can take your actual contributions out without a penalty does stand out as a huge benefit.
Potentially higher rates of return. With a Roth IRA, you get access to other types of investments like mutual funds, ETFs, and bonds to earn a higher rate of return. If the market does well while dollars are invested, you can secure healthy returns and profit from your investment.

In using this account for short term investing you’ll miss out on:

Risk-free returns. When you invest your money into stocks, bonds, mutual funds, and ETFs you are accepting risk for a potentially higher return.
FDIC coverage. If your brokerage fails you will be able to file a claim with SIPC coverage, but it won’t cover investment losses — just losses from the failure of your broker. (That’s why it is so important to find a great place to open your Roth IRA.)

Just remember, if you think you need you’re money in the short-term, avoid the stock market for now. If you realize that part of the money can now go towards retirement, then you can shift it over. Think opening a Roth IRA is complicated? We’ve told you the best places to open a Roth IRA in the past. Brokerage firms like Scottrade and E*Trade are great and also have lots of options to choose from.

In summary, a Roth IRA can provide a solution for individuals who crave the potential for higher returns but want the ability to withdraw their contributions if the really needed to.

Definitely check out our reviews we have for your reference on great investing options:

Motif Investing Review
E*Trade Review
TradeKing Reviw
OptionsHouse Review

4. Online Savings Accounts

Want to guarantee your investment will not lose any money while at the same time generating a little bit of a return? The online high yield savings accounts are a great fit for that goal.

In using this account for short term, investing you’ll get:

Guarantee to never lose principal on your investment as long as you keep your total deposit at the bank below FDIC coverage of $250,000. Deposit your money and walk away knowing that it will be there when you’re ready to cash out.
A small, risk-free return on your investment. Current interest rates are very low, and those low returns mean you won’t earn a lot of interest for the time being. For now, it won’t be enough to keep up with inflation. However, online savings accounts do offer a risk-free return you will never have to lose sleep over.
High liquidity. Most of the high quality online banks allow 6 withdrawals per month from savings accounts. In other words, you can generally cash out your funds at any time without much hassle or expense involved. Meanwhile, you won’t have to worry about forking over part of your profits to sell your investment since it is safely tucked away in a low-risk savings account.

In using this account for short term investing you’ll miss out on:

Potential higher returns from other types of investments. Since online savings accounts aren’t offering the best interest rates right now, you could potentially do better by putting your money elsewhere. However, that would require more risk, too, which is something you’ll want to avoid when it comes to short-term investing.

Not sure where to start? The best online savings accounts are available at online banks like Discover Bank.

5. Money Market Account

best way to invest money for the short term with EverbankMoney Markets are currently paying a very close APY to one year CD’s.  Investors familiar with the discipline of owning a CD can earn a similar return with a Money Market and still have immediate access to their funds.

Money Market accounts provide depositors with ATM cards, checks and deposit slips.  Money Market accounts are based on the account balance, not the length of time you invest your money.  When CD rates begin to rise, clients can move their money from the Money Market without paying a penalty for early withdrawal.

All of these factors combined are why many people consider money market accounts as a type of “savings account on steroids.” While there isn’t much risk involved, you can potentially secure a higher rate of return.

Looking for an online bank that does Money Market Accounts? EverBank is offering some of the best rates.

6. Certificate of Deposits (CD’s)

Banks offer a variety of terms for their deposit accounts, ranging from 3 months to 5 years. Which length of CD will work best for you depends on your timeline and how long you want your investment out of your hands. CD’s allow depositors to invest their cash for a specific length of time. The longer the term of investment, the higher the yield will be. A client wishing to receive monthly interest payments can elect to do so at the time of application. However, most individuals who buy CDs let the interest accrue until the CD matures.

The only downside to a Certificate of Deposit is the fact that, if you need to pull money out before the maturity date, you will pay a fee. The fee is usually equivalent to 3 months worth of interest, and that can take a huge bite out of your earnings. You can get the highest interest rates for Certificates of Deposit at online banks like Compass Bank and Discover Bank.

7. Online Checking Accounts

safe investments with online checking accounts from EverBankJust like online savings accounts, an online checking account can also serve short-term investment needs. You get many of the benefits of an online savings account with even more liquidity because the number of withdrawals isn’t limited. Since you would be storing your money in a checking account rather than a savings account, you do take a hit on the interest rate. Unfortunately (or fortunately!) interest rates are so low that the difference isn’t as significant as it could be. In using this account for short-term investing you’ll get:

A guarantee to never lose principal on your investment as long as you keep your total deposit at the bank below FDIC coverage of $250,000.
A small, risk-free return on your investment. Current online checking interest rates are very low. You probably won’t earn enough to keep up with inflation, but it is a risk-free return.
Extremely high liquidity. You get unlimited withdrawals via transfer, debit card, or ATM use with online checking accounts. Get your money out at any time without paying a fee as long as you use a no-fee ATM.
A hassle-free investment – Even though you don’t earn a lot of interest with this strategy, you won’t have to endure much of a hassle, either. Opening an online checking account is a fairly painless process that won’t stress you out or take up too much of your time.

In using this account for short-term investing you’ll miss out on:

Potential higher returns from other types of investments, including savings accounts if you don’t need daily access to the money. When you park your money in a checking account, you miss out on higher returns elsewhere.

Looking for an online checking account? The best online checking accounts for interest rates are currently available from EverBank and BBVA.

Short-Term Investment Options

Here are some investments you could use with the above accounts.

8. Short-Term Bond Funds and ETFs

Short-term bond funds are products that are usually only managed by a professional financial advisor. Bonds are not as stable as money markets, but they do offer the potential to earn a higher yield.  These bonds are a product of the market and will pay out according to the market’s current condition in fluctuating monthly payments.  Short-term bonds usually mature in terms within 2 years or less, which can make them an ideal choice for investors with that type of timeline. You’ll need a brokerage account like Betterment, Scottrade or E*Trade to be able to trade bond funds and ETFs.

Short-Term BondsThere are three main short-term investments within the bond category, and each is one you could consider.

9. 5-Year Treasury Inflation Protected Securities

Treasury Inflation Protected Securities, also known as TIPS, are government bonds that are indexed to inflation. The interest rate on a TIPS is fixed, but the underlying value of the security rises with inflation as measured through the Consumer Price Index.

You might only get 0.5% in interest (paid semiannually), but over 5 years the value of the bond might increase 2.5% per year. The end result is, at the end of the term, your initial investment will be worth as much as it was when you first invested. However, you will earn a small bit of interest on top of it.

You can buy TIPS directly from the government at TreasuryDirect.gov. However, due to TIPS interest being taxable, most investors prefer to invest in a TIPS ETF or mutual fund. To purchase shares of an ETF or mutual fund you will need a brokerage account. Again, Scottrade or E*Trade are good places to start if you want to open a new brokerage account.

10. Municipal Bonds and Corporate Bonds

Municipal bonds are slightly more risky than TIPS and other Treasury investments, yet a majority of municipalities do not default on their bonds. The more significant risk is “interest rate risk.” In a low interest rate environment, if rates rise in the marketplace, the value of the bond decreases to compensate.

If you could get 4% on a municipal bond today, that’s a great return. But if rates go up and your bond loses 6% of its value, you’re suddenly on the losing side of the equation. However, the decrease in the value of the bond only impacts you if you sell before maturity. If you hold the bond to maturity you will get 100% of your initial investment back plus the interest yielded to you.

If you’re looking for short-term investments, you could buy a bond from someone else that was closer to maturity through a major brokerage firm.

Likewise, corporate bonds are even more risky than municipals and Treasury bonds because they are not backed by a state, local, or Federal government. As always, increased risk can mean an increase in your rate of return. The same interest rate risk issue applies to corporate bonds; holding to maturity will eliminate this one piece of risk.

Where to Buy Individual Bonds?

You’ll need a brokerage account like Scottrade or E*Trade to be able to trade individual bonds, bond mutual funds, and bond ETFs.

11. Pay Off High Interest Debt

Looking for a great return on your investment? Pay off your high interest debt. If you have a credit card with a 15% interest rate carrying a $10,000 balance you have an opportunity for a great return on your investment. If you pay off that debt it is like getting a 15% return on $10,000.

There are few investments that will earn the high returns of paying off debt. Not only are you getting a great return on investment, you’re saving money from future costs and bettering your overall financial situation. It’s the ultimate win-win.

You can pay off high interest debt on your own. However, financial tools like Mint can help you manage your finances so you can see what kind of an impact your debt payoff is having.

Even better, you can transfer your high interest balance to a 0% APR balance transfer card to speed up the process. With these offers, you literally transfer your balance from one card to the next in order to score 0% APR for anywhere from 12-21 months. If you’re paying a lot of interest right now, going through with a balance transfer can improve your finances and get you out of debt that much faster.

Bonus Idea – Prosper

Prosper does not set a specific interest rate for borrowers.  Instead, the website connects borrowers and lenders through online auction-style bidding.  This set-up allows lenders to be more in control of their monthly income since they only accept interest rates they are comfortable with.

Borrowers list their loan and the highest amount of interest they are willing to pay. After that, lenders bid the interest rate down based on the lowest amount of interest they are willing to accept.  This feature provides the stability of a predictable, high yield income on the notes.

If you need more info, check out our review post on investing with Prosper.

Have high interest debt? Consider these two offers:

chase slate smallChase Slate® – The Chase Slate®card offers the best deal for balance transfers on the market. Not only do you get 15 months at 0% APR, but you can transfer balances with no balance transfer fees for the first 60 days. If you’re paying high interest rates on existing debts, consider how much money you could save if you paid no interest for 15 months, it’s like getting free money. You might even be able to use those 15 months to get out of debt for good! Read here to learn more about the Chase Slate® card.

discover it for students smallDiscover it® – The Discover it® card gives you 18 months with 0% APR. That’s well over a year to pay down your high interest debts without paying interest at all. If you’re struggling to pay down high interest debts, you could save tons of money by transferring your balance and creating a plan to become debt-free once and for all. Read here for more details about the Discover it® card.

The Bottom Line

If you’re looking for a place to sock away some cash for the short-term, don’t be afraid to think outside of the box. Thanks to the constant evolution of the world wide web, you shouldn’t have trouble investing your funds in any number of innovative online platforms.

As I shared above, however, short-term investing is much different than investing for the long haul. When you need to invest your money for only several weeks or months, you don’t want to pour cash into investments that aren’t easy to liquidate, charge fees for withdrawals, or are too risky for the short-term.

How do you invest your dollars for the short-term? Have you ever used one of the strategies listed above?

The post The 11 Best Short Term Investments For Your Money appeared first on Good Financial Cents.

Mar
13

Trump Adviser on Mideast Visits Region for Meetings With Netanyahu and Abbas

The visit by Jason D. Greenblatt appeared to be part of an early effort to break the impasse in the Israeli-Palestinian conflict.

Mar
13

100 Ways to Make $100 Fast

Advertising Disclosure

QUICK LINKS

Become an Uber driver*
Open a new checking account with a bonus
Inbox Dollars
SwagBucks
Online surveys
Sign up for a rewards credit card with a signup bonus
Sell things (13 ideas)
Quick cash on the job (5 ideas)
Side hustles (28 ideas)
Micro-projects (17 ideas)
Use your house (4 ideas)
Use your unique talents (22 ideas)
Medical (2 ideas)
Break spending habits (4 ideas)

Free cash rocks!

Walking through a parking lot one time I stumbled upon a $20 bill. Before I snatched it up I looked up around, almost waiting for the hidden camera crew to jump out from the bushes to yell “Gotcha!”. They didn’t and I was $20 richer. Score!

That is the only time that I’ve ever came across some quick cash.

But everyone needs some cash in a hurry from time-to-time. Knowing that, I thought it would be fun to put together a post that outlined 100 ways you can make $100 fast. Out of the 100, you should find at least a few that you can do any time you need extra cash.

Bookmark this page so you can refer to it anytime you need money!

1. Become an Uber Driver

This is #1 for a reason!Got some free time and live in a reasonably populated area? Then becoming an Uber Driver can be a very lucrative part-time side hustle. Uber drivers make anywhere from $13-$20 per hour. This means you could hit the $100 mark in as little as five hours per week.

The best thing about Uber is that the schedule is completely up to you. I have seen stay at home mom’s pick up Uber gigs for a few hours a day in the middle of the day while the kids are in school.

2. Open a new checking account with a bonus

Chase offers $200 bonus when you open a new Chase Total Checking® account. In order to get the bonus you have to set up direct deposit. Other than that, you are good to go.

This is the best offer we have found for signing up for a new checking account and, since Chase is not just an online bank, you also have access to their services in over 5,000 locations across the country.

3. Inbox Dollars

You can earn free cash by changing your search engine to InboxDollars. You’ll even get a free $5 bonus when you sign up (just name and email address)! This will take a bit longer to get you to $100, but it’s still easy money by using their search engine, watching videos (seriously), printing coupons and a variety of other things.

4. SwagBucks

Similar to Inbox Dollars in that you can get free cash by swapping your search engine. SwagBucks also pays you for the shopping you already do online as well as a bunch of other everyday online activities.  You can get $5 for signing up here.

5. Online Surveys

Online websites like MySurvey will pay you for your opinion. The average survey will pay between $0.50 and $1.25 and there are new surveys available each day. If you qualify, you can even get surveys over $5 each. Many of the surveys take less than 5 minutes to complete.

Some may have you scan products that you purchase. You can learn more in our review of online survey sites. Here are a few other reputable ones that payout:

Global Test Market
Harris Poll Online
Survey Rewardz
Vindale Research

6. Sign up for a rewards credit card with a sweet signup bonus

Some cards offer a “bonus” of $100 or more if you can meet a minimum spending requirement within the first three months. As long as you pay your balance in full each month, this is truly free money for the taking! Here are the top offers for 2016:

Chase Freedom Unlimited℠ – The Chase Freedom Unlimited℠ is a new Chase card that is taking the rewards world by storm! By signing up, you’ll earn a $150 signup bonus after you spend just $500 within 90 days. Plus, you’ll earn a flat 1.5% back for every dollar you spend on any type of purchase. Best of all, this card doesn’t charge an annual fee, either.
Chase Sapphire Preferred® Card – Want an even bigger bonus? Consider the Chase Sapphire Preferred® Card instead. With this card, you’ll earn an amazing 50,000 points after you spend just $4,000 on your card within 90 days. If you turn in those points for cash, they are worth $500! Obviously, you’ll want to pay your balance in full to avoid interest. As long as you meet the minimum spending requirement, this $500 is yours to spend. Plus, this card comes with no annual fee.
Best Cashback Credit Cards of 2016 – If neither of those offers sound ideal, you can also check out our post on the best cash back offers currently available.

One man’s trash is another man’s treasure

One of the best and easiest ways to make money fast is by selling what you have – or that you can acquire on the cheap. It also has a secondary benefit in that it keeps the clutter in your life to a minimum.

7. Sell your used cell phones, iPad or Mac

Your used electronic equipment may have value, particularly if it’s recent and in good condition. Check out Gazelle.com. They give you an estimate on your equipment, and the better stuff could fetch some real money.

8. Resell unused gift cards

Check your wallet and your dresser – you probably have unused gift cards. Some may even be to merchants you don’t frequent. If that’s the case, get some cash back on them by selling them on CardPool. You won’t get the full value of the cards, but it’s better than having them sit unused.

9. Sell your stuff to a pawn shop

You won’t get retail price for your merchandise, but it offers a quick sale for cash.

10. Selling your junk

Have a garage sale – We average about $150 per garage sale so you can earn some decent cash without even leaving your house.

Sell on Craigslist – What you can’t sell at your garage sale, you may be able to sell on Craigslist. This is especially good for selling large items.

11. Sell other people’s stuff on Craigslist or eBay

This is taking selling on Craigslist and eBay to a higher level. You’re not just selling your own stuff, you’re getting more stuff to sell from friends and neighbors. Give them a cut of the take and you’ll have plenty to sell forever.

12. Amazon

Similar to eBay, Amazon.com may work better for entertainment media, such as books, music and movies.

13. Flea markets and swap meets

This is the garages sale concept taken on the road to a place where there are a lot more potential customers.

14. Consignment shops

There are different items you can sell on consignment, but it tends to work best for furniture and clothing.

15. Collect and sell scrap metal

If you have a light pick-up truck or just a good trailer, you can collect scrap metal from neighborhoods, building sites and junkyards, then sell it to scrap metal dealers. Check out scrap metal prices, then do a Google search on “where can I sell scrap metal in (my town)”.

16. Gold jewelry and silverware

Take your gold jewelry and silverware to gold dealers or jewelers and you’ll likely fetch a better price than going to the “we buy gold” storefronts populating strip malls.

17. Musical instruments

There’s a brisk market for used musical instruments (check out the prices for brand new ones and you’ll immediately see why). You can sell them on Craigslist for top dollar, but if you want quick cash, offer to sell them to music stores.

18.  Sell homemade crafts

If you can make handicrafts, Etsy could be the place to sell them. If making crafts is an ongoing hobby, you could have an ongoing cash source from the site.

19. Return old purchases or gifts

If you’ve received gifts you really don’t want – and they’re still in the packages – try returning them. Some retailers will take them back up to a year later.

Quick cash on the job

Your job is one of the best and most convenient places to make some extra cash. You may have to think a little bit out of the box, so try these on for starters.

20. Volunteer for overtime

Most of us shrink away from overtime because of the extra hours. But if you need money, let your supervisor know that you’re available to work.

21. Contract for an ugly job at work

As an alternative to working overtime, you can offer to contract for jobs at work that nobody else wants. Offer to work on the jobs for a flat fee that will be paid outside your regular paycheck.

22. Employee referral program

If your employer offers a bonus to refer new employees to them, take advantage of it and start referring. It’ll be the easiest money you’ll ever make.

23. Customer referral program

Likewise, see if your employer might also have a customer referral program. If they do, put on your salesman’s hat and start beating the bushes for potential customers.

24. Make a killer suggestion

Many employers have a suggestion box, but most employees ignore it. If the company pays a bonus for workable suggestions, get busy. You may get the bonus because no one else participates.

Ways to make money fast off the job

You can often make some quick cash doing jobs that require no special skills, just a desire to do them. And you can find them all around you.  These are also great ways for teens to make some quick cash.

25. Baby sitting

Where I live babysitters earn $10 an hour. Pull a couple of five hour gigs this weekend, and you’ll have $100.

how to make money fast with lending clubBONUS! See how I am making 10.9% return on my best short term investments using LendingClub. Peer-to-Peer lending has been great for people looking to borrow money to start a business or pay off high interest debt, but I have been doing extremely well with lending.
26. Pet sitting

The nice part of this type of sitting is that you don’t have to stay with the pet for hours. Usually, you’re just looking in on it every couple of hours, then walking it and feeding it as necessary. Because of that you can maintain several pet sitting jobs simultaneously.

27. House sitting

People who travel frequently, especially on a long-term basis; may need someone to watch their homes for a fee. You can check local newspapers and Craigslist for opportunities. If you’d like to use a central site, MindAHome.com can provide an online source of clients.

28. Temporary part time jobs

You can get a seasonal part-time job based on summer, back-to-school, any of the major holidays or even during snow season. A couple of weeks of part-time work can easily get you $100 and a whole lot more.

29. Become a referral source for a sales person or company

If you know any real estate agents, insurance agents, car dealers or just about any one who sells for a living, ask about being a compensated referral source for them. A $100 referral isn’t hard to get.

30. Sell photos on Shutterstock

Shutterstock.com is a giant site that allows you to post and sell your photos online for a fee. Functioning something like eBay for photos, it’s a central place to sell your photos.

31. Turn your photography skills to cash

If you’ve checked photographers prices lately you know they can be prohibitive. If you’re good at photography, you might be able to photograph a special event or two for at least $100.

32. Become an instructor at a local gym

If you think that the only people who work in gyms are personal trainers, guess again. If you know yoga, zumba, jazzercise, cycling or just about any other activity that keeps people moving, there may be a teaching position waiting for you at the gym.

33. Write product review articles for blogs

If you’re a tech junkie and buy a lot of new products, you may be able to do paid reviews on blogs. Blogs often have affiliate arrangements with tech products and will pay for user reviews.

34. Bartend for an event or a weekend

If you can bartend you can pick up a quick hundred (or more) working a couple of weekend parties or even a wedding.

35. Join a focus group

Universities, marketing groups and research organizations will often pay participants in focus groups. Check with schools in your area as well as Craigslist to see what’s happening.

36. Be a session musician

If you can play guitar, drums, keyboards and even some wind and string instruments’ you may be able to get work as a session musician in a band or orchestra. In some cases you can make well over $100 for just a single session.

37. Become a moving billboard

If you don’t mind having a large commercial sign on your car – or having it “wrapped” in ad material, you can earn up to $400 per month with FreeCarMedia.com.

38. Moving furniture

Some people are making local moves without the benefit of a professional moving company. If you don’t mind (really) hard work, you may be able to pick up $100 or more this weekend. Check the ads on Craigslist.

39. Cutting lawns

Even people who cut their own lawns get in a jam from time to time and need someone to pinch hit for them. They could be going on vacation or dealing with an illness or injury. Two or three cuts could get you to $100 in no time.

40. Painting

Do you know anyone who needs a room or two painted? If you’re handy when it comes to painting, offer to do it for them for $100 per room – plus paint.

41. Spring or fall clean-ups

Seasonal yard clean-ups are more involved than regular lawn cutting. It may involve weeding flower beds, trimming hedges, raking leaves and cleaning out other debris. $100 a job should be the minimum.

42. Shoveling snow

I’ve known kids who have made well over $50 shoveling in the local neighborhood after just a modest snowfall. Just a couple of storms will get you to $100 just from knocking on doors during the late stages of the storm.

43. Cleaning houses

Some people let the house cleaning go a bit too long, then they don’t want to even attempt it. Others get a little busy and just need some help. You should be able to pick up $100 or more just from cleaning a couple of houses.

44. Wash, wax and detail cars

Some people actually like cleaning cars. Most of us hate it. If you’re one who likes it, you can make some easy money working for those of us who’d rather not.

45. Cleaning gutters

If being up on a ladder doesn’t scare you, you can make a quick $100 (at least) on just a single job.

46. Setting up pools for the summer

Everybody loves having a pool, except when it comes time to set it up for the summer. If you know how to do it, you can make an easy $100 on just a couple of jobs. And when fall comes and it’s time to close them down, you can come back for Round Two.

47. Setting up holiday decorations

Everybody loves holiday decorations too, but not nearly everyone like putting them up – or taking them down. At Halloween and Christmas you can probably get at least $100 to put up decorations, then take them down later.

48. Taking surveys

Some companies will pay you for your opinions. Check out MySurvey.com as a place to find them. You earn points which you can redeem for cash.

49. Mystery shopper

This is one of the most popular recommendations when it comes to making extra cash, but you need a reliable source of jobs. Mystery Shopping Providers Association can be that source.

50. Participate in marketing research

Companies are always performing market research on both new and existing products and services. Sign up with a service like Concepts Consumer Research to advertise your availability.

51. Clean carpets

Have you ever cleaned your own carpets? If so, go rent a machine and clean someone else’s – for cash.

52. Carpool – and be the driver

If you have coworkers (or people who work in the area you do), offer to drive them in for a fee. $25 per week per person could bring in $100 with just two riders for two weeks. Try advertising in the company newsletter, or posting the offer on bulletin boards around the office.

Micro-projects

In general, micro-projects are small projects that pay no more than a few dollars each. You make money by doing several in a short amount of time, and there are websites available that you can do them through.

53. Gigwalk

Gigwalk involves taking photos, picking up menus and various other small assignments in your area. It works on an app that you download onto your phone. You receive the job orders, accept them and confirm that the job is complete.

54. Mechanical Turk

This is a work-at-home arrangement and it’s part of Amazon.com. Mechanical Turk pays a few dollars per assignment, typically involving work such as writing product reviews, editing and related tasks.

55. TaskRabbit

Similar to Gigwalk, but you can also access the assignments online, as well as by a phone app. TaskRabbit is limited to just a few cities.

56. CloudFactory

CloudFactory participants mainly enter, collect, process or categorizes data for companies, primarily for employers based in various emerging markets.

57. FOAP

You enter and sell your photos to commercial interests through their site. They can be sold on FOAP for $10, with 50% paid to the site.

58. PleaseBringMe

A travel barter exchange between individuals, rather than employers, with PleaseBringMe you perform tasks for pay that are unique to your home country.

59. BidOnMyGig

The service isn’t available yet, but BidOnMyGig allows clients to post projects online and have qualified service providers bid on them. The qualified service provider is of course you.

60. EXEC Cleaning

As the name implies, EXEC Cleaning involves the providing the services of an executive assistant, but on a personal level. It could involve getting lunch, delivering documents or even cleaning an executives house.

61. MobileWorks

MobileWorks involves jobs as a technical virtual assistant, including online research, tagging images and creative writing, and you must speak English.

62. PinDone

Available only in California, PinDone involves tasks such as doing mail outs and driving someone to the airport. The pay seems decent for the tasks, but you do have bid on them, and reputation within the site is important.

63. WeGoLook

As you might guess from the name, WeGoLook has you working as an inspector at large. You will inspect buildings, cars or some other high value item, verify that it exists, that it works, take photos, and write any necessary reports.

64. PostMates

This service involves being a virtual go-fer. Post Mates is a delivery service where you may be asked to pick up coffee, lunch, groceries or anything the customer requests.

65. Fiverr

More technical but simple tasks that you post on the site. Fiverr pays $5 per job, and includes work such as tasks on websites and related jobs.

66. Agent Anything

Mostly for colleges students, Agent Anything can involve running errands, engaging in marketing activities or even doing temp work.

67. UserTesting.com

Roughly speaking, UserTesting.com involves doing reviews of websites, mostly rating based on user experience.

68. Zaarly.com

Similar to Gigwalk, Zaarly involves running errands in your local area for out of town clients.

69. MiNeeds

Something of a job board for people with defined skills, MiNeeds.com has you competing for jobs.

How to Make Money Using your House

You may be able to pick up $100 or more without ever leaving your house – by using your house to make money.

70. Renting out a room

If it’s permissible in your community, you can rent a room to a boarder for $100 per week, or $400 per month – more if you live in a highly desirable location.

71. Renting out space

If someone needs temporary storage, consider renting out your basement or a spare bedroom.

72. Renting out your garage

You can probably rent out your garage to someone with a need to shelter a car. That should fetch at least $100 per month.

73. Renting out your driveway

If there’s a major event in your area, you may be able to rent out your driveway for a night or a weekend. Keep on top of events in your area and make your driveway available for overflow parking to the facility holding the event.

Put your specific skills to work

What is it that you’re particularly good at – that other people typically aren’t? There may be a decent payday waiting for you if you can put it into action. These won’t work for everyone, but if there’s one or more that you’re a pro at, go for it!

74. Tutoring

School tutors can easily make $30 an hour and up. That would get you to $100 in no time.

75. Teaching English

For millions of people, English is at best a second language. Offer out your skills to teach them a deeper understanding of the language for a fee. Even at $20 an hour, you’d get to $100 in short order.

76. Teaching music

Can you play a musical instrument? Even if you’re not accomplished, you may be able to teach novices. Offer your services at local senior citizens centers as a start.

77. Refereeing

You know all those people who referee recreation sports? They’re not working for free. If you’re knowledgeable about one or more sports, sign up at the local recreation commission. You can make several hundred dollars in a single, short sports season refereeing young kids.

78. Teaching software packages

Lot’s of people implement common software packages, but don’t have a clue how to use them. If you’re fluent with Word, Excel, PowerPoint or one of a number of common software packages, offer to install them and do basic training. That’s easily worth $100 or more to a lot of people.

79. Setting up new computers/troubleshooting old ones

As easy as modern computers are, a lot of people are intimidated when it comes to setting them up. Some may pay you for simple tasks like setting up passwords, email service and downloading an anti-virus package.

80. Writing blog posts

Are there blogs you like to read because you have specific knowledge of the subject matter? Offer to write articles for them. You should be able to earn at least $20 per article. Write five and you’ll have $100.

81. Bookkeeping

If you have bookkeeping skills, especially with QuickBooks experience, you should be able to pick up bookkeeping jobs that will get you to $100 very quickly. You can do one time jobs, or ongoing to keep the extra cash rolling in.

82. Office organization

There are some very successful people who are complete zeros when it comes to organization. Their offices are a wreck and lost documents can cost them money. If you’re a wiz at making order out of chaos, you may have a chance to organize offices for at least $100 a pop.

83. Light mechanic work

If you can do basic car repairs – changing oil, belts, hoses and spark plugs, or replacing batteries or mufflers, you can easily pick up extra cash. If you can do the repairs at the customer’s home, you can charge even more.

84. Process medical claims

After a major illness or surgery, a person can be inundated with medical claims. If you’re familiar with the process (filing and dealing with insurance companies) you can make some serious money straightening out someone’s medical claims.

85. Editing

You don’t have to be a professional editor to be an editor. If you’re an English major, a writer or a teacher, you may be perfect. You can find editing work on Craigslist that can be either one time assignments, or ongoing – your choice.

86. Set up simple websites

Can you design and set up simple websites? If so, you can easily charge $100 a pop. As little as you think you know, someone else knows a lot less and may see you as an expert.

87. Getting someone’s tax records organized

If you have strong administrative skills and know what certain tax documents look like, you may be able to offer your services to a disorganized someone who needs help organizing their paperwork for preparation. Tough tax season ends April 15, it actually goes to October 15 with extensions. And those who extend that far are usually in the greatest need of organizational help.

88. Graphic design services

There are millions of websites who need all kinds of services, like graphic design work. Offer to do simple jobs for as many sites as you can contact. You can find them on Craigslist sometimes, but direct contact could be more effective.

89. Social media manager

Some people are social media experts. Others don’t even know how to get started. Businesses are realizing the value of the social media. If you’re fluent in the social media, offer your services as a social media manager. You can post updates on Facebook, Twitter and any media that are relevant to a particular business.

90. Staging houses for sale

There’s a transition that takes place between living in a house and selling it. If you know the difference, and how to make a home look like a showplace, you can stage houses for sale. Offer your services to local real estate agents.

91. Event planning

Are you good at planning parties or events? Someone might need your help. Spread the word to everyone you know, and let them know what you can do.

92. Become an affiliate for a product you know and believe in

Everyone with a product or service to sell is looking for agents to sell them. Find products you feel strongly about, and become a dealer. Some higher priced items can fetch a $100 cut quickly.

93. Create or edit videos

YouTube is all the rage – music, how to videos, outrageous demonstrations, product reviews – you name it. If you can create videos, offer your services to businesses.

94. Buy low, sell high

If you have an eye for bargains, you may be able to buy on the cheap – at garage sales, thrift stores and elsewhere – and sell at a profit.

95. Preparing research papers

If you have a knack for research, there are businesses and individuals who could use your services. You can find some of them on Craigslist, or offer your services to local colleges.

Participate in the medical community

The medical community will pay for donations and your participation.

96. Sell blood

You can get $30 – $40 to sell your blood. Three or four donations will get you $100 in just a couple of weeks.

97. Participate in medical studies

A local hospital is offering $600 for people with high blood pressure to participate in medical trials. Hospitals and clinics do this all the time. Enough said?

Change spending habits – for a bit

Sometimes you can find extra money just by spending less money on a habit or two – at least temporarily.

98. Eat on the cheap for a week

If you spend $200 per week for groceries, try going on a beans and rice diet (OK, pasta, potatoes, salads and other low cost foods are good too) for one week. That should cut the bill in half, getting you an extra $100 easily.

99. Eliminate your cable TV service

A typical middle-of-the-road cable TV service runs about $100 per month. Eliminate it and you’ll have an extra $100 this month. And every month after that.

100. Give up Starbucks for a month

Are you a latte fan? At $4 per cup, you’ll save $120 if you give it up for a month.

101. Give up a “sin” for a month

If you smoke a pack of cigarettes a day, or drink three beers a day, going cold turkey for a month can easily leave you at least $100 richer.

100 Ways to Make Money Fast

Have you tried any of these? Are there any other ways to make $100 fast that I might have missed?

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