Do you want to know how to make 2000 dollars a week? Whether it’s for paying off a credit card debt, home repairs, or for your emergency fund, there are things you can do to make some quick cash. However, remember that these require discipline, careful consideration, and hard work, and not all options are recommended, especially if you have alternatives.
Below are some suggestions which either alone or in combination can get you the money you want fast.
Rent Your Car
Renting your car is one of the top tips on how to make 2000 dollars fast. Did you know that you can make up to $2,500 per month just by renting your car on Turo? Whatever car you have, you can list it on the site for free. Once done, you can set your rules and your price for the car rental. You just need to wait for a guest to book your car. After handing over the keys to the renter, you can check them through the Turo app. You’ll receive the payment via direct deposit within three days after your car was rented.
Put Extra Room Up For Rent
Did you know that you can make a lot of cash from the available rooms you have at home? Why don’t you put them up for rent? If you’re living in a nice area and you have 2-3 extra rooms, you can offer them up for $500 each room per month to include all expenses. Ask for a security deposit and you’ll have the extra cash you need.
Make Money With Your Car
If you’re looking for a side hustle that’ll help you earn fast cash, you can monetize your car, if you own one. You can become a ridesharing driver and earn at least $25 per hour during your free time. Your options may include Wingz, Lyft, or Uber. You may also work as a delivery driver through apps, such as DoorDash, Uber Eats, or Grubhub.
If you have lots of things at home that you no longer need but can still be used, you can make some decent money from selling them through a garage sale. You can earn a net income ranging from $500 to $1000 depending on the items you want to sell. Or some of you may have valuable items in your house, such as antiques, which you can also sell to get quick cash.
Instead of you doing the garage sale, you can visit one in your area and look for items you can flip. Some of the easiest and best items to flip are books, bicycles, furniture, power tools, vintage electronics, and watches. You can earn up to $500 if you know how to find cheap items that you can sell for a good price.
If you’re good at making videos, why don’t you use your craft to earn extra cash? Ask small businesses in your area if they need video content for their social media sites or other purposes. You can charge as much as $200 for every quality video you make.
Be A Freelance Proofreader
If you have a good command of the English language, you can apply as a freelance proofreader and earn up to $50 per hour. All you’re expected to do is make sure that the content is free of spelling, grammatical, typographical, syntax, punctuation, and other errors.
Be A Freelance Writer
Content is king—you’ve probably heard that a hundred times. There will always be a high demand for writers, especially these days when consumers seek information online almost all the time. Many companies hire awesome writers who can write relevant and useful content to boost their brand. If you’re good with words, you can work as a freelance writer and earn up to $200 per content.
Be a Transcriptionist
You can also give transcribing work a try. It’s one of the easiest ways to earn fast cash. As a transcriptionist, all you need to do is listen to audio files and write down everything you hear. You can earn as much as $25 per hour with this side hustle. Check out Tigerfish, TranscribeMe, and SpeakWrite for more information.
Donate Eggs or Sperm
You can also donate your sperm. The payment per donation varies among sperm banks or clinics, but you can earn as much as $100 per specimen. Meanwhile, women who are willing to donate their eggs will receive from $5,000 to $10,000 per cycle. Just like sperm clinics, how much you’ll receive will depend on where you donate your eggs.
Claim Your Stimulus Check
If you need fast cash, you may want to claim your coronavirus stimulus checks. Under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, you may get a $1,200 payment, which is the first round of stimulus checks. On the second round, you can get $600. Last January 14, President Joe Biden signed a new coronavirus relief package that includes the third stimulus checks worth $1,400.
If you were unable to claim your first, second, or both stimulus checks, you still have a chance to get them as tax credits, called the Recovery Rebate Credit. However, instead of getting a check, you’ll receive the payment in the form of a smaller tax bill or you may get a larger tax refund.
February 12 marks the first day that the IRS will start to accept federal income tax returns. You have until April 15 to file, unless you request an extension from the IRS. The third stimulus check will probably not be released until at least the second week of March.
Pawn Valuable Items
Do you have valuable items at home? You can pawn them and get the fast cash you need. It’s a good option to take if you have valuables at home that you don’t want to sell but you’re willing to use as collateral. However, pawnshop loans come with high-interest rates that could run to 200% APR or more. The loan amount you get will depend on the resale value of the item. So, make sure that you understand the consequences and you can pay back the loan amount in time so that you can get your item back.
Borrow From Your 401k
If you’re in financial distress and you need cash, you may consider borrowing from your 401k. The amount you can take out will depend on your employer’s plan. Generally, it’s about 50% of your savings or up to $50,000 within a year. Back in March 2020, former President Donald Trump signed a COVID-19 emergency relief package that includes doubling the available 401k loan amount to $100,000. A 401k loan is fast and convenient. It comes with a flexible repayment plan and the repayments you make are added back to your account.
Take Out A Personal Loan
Taking out personal loans from online lenders is another option if you need $2,000 right away. The Lending Club, Upgrade, Upstart, and OneMain Financial offer small loans starting at $1,000. However, don’t take this option lightly. You can easily fall into a debt trap given their high estimated APR, which ranges from 6% to 35%.
It’s best to find alternative ways of getting the money you need without taking out high-interest-rate loans. But if you have no other choice, make sure it’s a one-time thing and you can pay it back according to the terms to avoid incurring penalties and other charges.
Ask Close Friends and Family
If you’re in a tight spot and you need a significant amount of cash, one of your options is to reach out to your family and friends. About 53% of Americans borrowed money from a loved one in 2020. Although it’s a common practice, asking for financial help from a loved one or a close friend is the last resort for many people.
Whether it’s your first or last option, there are a few things you need to remember when you’re borrowing money from people close to you. It’s recommended to send a letter explaining your situation and your intent to ask for financial help. This way, the person you want to borrow from won’t be caught off guard and will have enough time to carefully consider your request before you meet in person.
You need to make sure that they can afford the loan and consider paying some interest. If they offer you cash that’s less than the $2,000 you need, take it and don’t ask for more. You must also put the terms in writing unless the money is given to you as a gift.
The tips listed above can help you gather the amount you need regardless of the reason why you need to earn $2000 in a week. You can choose from any of them or use them in combination if you want to get the money you need fast. Weigh your options carefully. You may find it difficult to learn how to make 2000 dollars a day online but you can definitely use the tips mentioned to reach the amount you need in as fast as a week.