Quick Money can come from Unusual Places

Quick Money

There are many people today who are looking for ways to bring in extra cash. They might be doing this because they had their hours at work cut back or because they want to add to their income so they can get out of debt. Whatever your reason is for a side job or to find some quick cash, here are some ideas you can think about. You will find some to be a desperate move and others will be common but perhaps you didn’t think of it.

How many times have you purchased something that didn’t fit or wasn’t right? You put it aside and kept the receipt knowing you would return it. You might have items in your home right now that you have forgotten to return. You will typically get your full purchase price when you return it and this can be one sure way to get some quick cash in your pocket. Having a yard sale can also bring in needed cash when you decide to let go of all that clutter you have stored in your garage. You might have electronics, jewelry, collectibles and odd items that someone else will pay big bucks for. The old sporting equipment that you will never use again could be just what someone else is needing and used furniture will be snapped up by those just getting their own apartment.

Signing up to be a guinea pig for medical testing might sound desperate but it can be a source of a good deal of money. There are always volunteers needed by The National Institute of Health for their studies. Many large universities have medical research that is ongoing and so they need people for projects as they discover the efficiency of a medicine. For those who have a Whole Life Insurance policy, you pay higher premiums and your policy has a cash-value that you can tap any time you choose. It only takes a simple phone call to your insurance company and you can have money in your wallet. If you are terminally ill or elderly, there is another option. You can sell your life insurance policy, through a broker, to an investment company. They will then make the payments on your policy and when you die, they will be the beneficiary.

Every town has a pawn shop but if you have never been in one or had a need for one, now might be the time. You walk in with your possessions that are used for collateral on a loan. Generally, your loan will amount to about ten-percent of the value of those possessions. You then have three options: keeping that loan alive by paying the interest, redeem the loan or allow it to lapse and your possessions then become inventory of the pawn shop. The good side of a pawn shop loan is the impermanence of the transaction. You can go back and regain your possessions if you income improves. Unlike Craigslist or eBay, you are handed cash on the spot with no waiting time for something to sell online.

This post was written by Sarah from payday-loans.co.uk. Payday Loans can be useful to tide you over until pay day.