Ah, debt. In this day and age, it’s impossible to imagine life without credit cards and loans. These services allow us to get what we need done, even when our bank account won’t allow us. Sometimes though, these services come back to haunt us in the form of debt! Dun-dun-duuuuh!
If you have debt or need to pay back a title loan, you might wake up in the middle of the night paralyzed with fear when you think about your debt. If that sounds familiar, this article is for you.
Here are 4 ways for you to make extra cash and pay off your debt faster!
Have you ever called an Uber then sat there, in the back seat, and thought “I could totally do this.” Well, if you have a car that is 15 years old or younger, you can totally do it. Services like Uber and Lyft allow you to make money by chauffeuring other people who don’t want to drive. This is a great way to use your spare time to make money. Your schedule will be flexible – you make it yourself. You can grab a few hours here or there when you have the time. Just remember, certain times will be busier than others. Using your car to pay off a title loan sounds like the right way to do it!
Perhaps you have a car, but you don’t feel like talking to people or having strangers in it – Don’t worry, there are other ways you can capitalize on your car. Try delivery! And, we don’t mean just pizza. You can use apps and online services to deliver anything from cookie cutters from Target to food from just about any restaurant. You can try apps like Postmates or UberEats. With Postmates, you’ll pick up anything… from just about anywhere. And UberEats is food delivery from local restaurants that bring the drive-thru to you. People just put the order in on the app, and you pick it up and deliver it to them. Easy peasy!
Do you have a hobby that you could turn into cash? Are you super crafty and knit great holiday scarves? Why not open up a shop page on Etsy and sell your wares? Do you bake amazing treats? Look for a local farmers market or crafts fair and set up a booth.
A lot of hobbies can be used for parties or weddings – do you cook well? Maybe try catering. You bartend? Get behind that open bar! If you come from a theater background and need some side cash, get ordained online or notarized in your state and officiate weddings. If you play an instrument, weddings and parties are also perfect times to practice your craft. Photography is also great in those settings and you can make quite a bit of cash for an evening’s work! You’ve probably put a lot of time and effort into your hobby, so using it to pay off your debts is a great way to capitalize on that.
Is your apartment in a great location? Do you have a spare room you don’t use all the time? Try renting out your apartment or spare room through listing services like Airbnb. You charge per night, get paid beforehand, have cancellation fees – you’ll feel like your very own hotel! While this can be very lucrative, it also requires work. Your space needs to be clean and comfortable. You’ll also (if you just rent a room) have to share your living space with strangers periodically. Sometimes having guests you know feels like a lot but it can also be a great opportunity to meet people.
There you have it! Four different side hustles you can do to help pay off the debts that keep you up at night. Do some research, pick the one that fits your lifestyle the best and go make that paper!