| Hi Taylor
- I'm taking a semester off of college to get my finances in order.
I can't take on a full-time job since I'm headed back to school, so
I was wondering if you had any ideas for making money without going
through the hiring process. Essentially, is there a quick and easy
way to make a $1,000? The answer's probably no but I thought I'd ask!
Hi Finn - This is the type of fun hypothetical more people your
age should be asking. You're rightthere isn't a quick and easy
way to make a grand. If there was, everyone would do it. However,
there are a lot of ways to make money faster than you might expect.
If you put in the effort, you can start earning a little extra and
then you can start turning that money into more money. It all comes
down to how hard you're willing to work on your new side hustle.
If you have a car and time, you can make money every day doing
a ride share or delivering food to people. You'll have to put
in the hours, but you can make a thousand dollars pretty fast
working for any of those apps. The prerequisites are just having
a good driving record and a presentable vehicle. If you don't
like the idea of being on call for people's rides or food orders,
some people get a monthly check for turning their vehicle into
a moving advertisement. Check out stickr.co or another one of
the car advertising companies and see if you're eligible to make
money just by putting a sticker on your car.
2. Put the internet to good use. As long as you're patient
and driven, you can make gobs of money from the comfort of your
couch. Use a skillset you already haveediting, writing,
photographyor develop a new talent and start finding paid
work online. A lot of jobs are competitive and you'll need some
time to boost your resume, while other one-time gigs are just
looking for whoever's available to do some monotonous work. Chances
are you won't make $1,000 during your first month of digital gig-hunting,
but this option comes with long-term benefits. The more jobs you
take and the more work you do, the better your odds of finding
a proper remote job that actually pays the bills and fits your
3. Sell stuff. Look around the room right now. I guarantee
there's at least one thing you don't need that could make you
$5. You won't get back what you paid for it, but that's not the
point; your goal is to make money now, not think about what you
spent on something when it was brand new. If you don't have anything
to sell, you can get creative and go find things to sell. I have
friends who made good money fixing up roadside furniture and selling
it on Facebook. The next time you pass a yardsale, take a second
look at their inventory.
| The main thing
is to stop thinking about how you can make a lot of money fast, and
instead just think of the most viable way to earn something. Start
by trying to make one dollar, and then you'll end up making the full
$1,000 before you know it. Good luck, Finn!
Information presented is for educational purposes only and is not
an offer or solicitation for the sale or purchase of any specific
securities, investments, or investment strategies. Investments involve
risk and, unless otherwise stated, are not guaranteed. Be sure to
first consult with a qualified financial adviser and/or tax professional
before implementing any strategy discussed herein. To submit a question
to be answered in this column, please send it via email to Question@GoFarWithKovar.com,
or via USPS to Taylor Kovar, 415 S 1st St, Suite 300, Lufkin, TX 75901.