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I Need Money Now! What Can I Do? 10 Ways To Get Money Fast!

Last modified: Jun 16, 2023

Most of us will experience unexpected expenses in our lives that threaten to plunge us into debt if we don’t take immediate action and find extra cash in a hurry.

Thankfully, numerous strategies and opportunities are available to help you boost your finances quickly and effectively, and we explore ten of them below!

Get your pen and get ready to take some notes!

10 Methods to Make Money Quickly

The 10 money-generating methods outlined below cover everything from taking out a loan to leveraging online platforms to sell items, find a job, or get project funding.

1. Sell some belongings

Selling items you no longer use is a quick and easy way to get money. Just rummage through your closet, attic, or basement for items you no longer need or use. Anything can be sold via online auction houses and C2C marketplaces. For instance, eBay users list everything from clothing and electronics to furniture and collectibles.

2. Apply for a side job

Want cash fast? Get a side hustle! From delivering food to dog walking, there are plenty of ways to earn extra money. Check out job-seeking sites like Indeed or Craigslist, or look for something that fits your skills on freelancing sites like Upwork or Fiverr. After all, you take direct control of your finances by working for a paycheck.

3. Take out a payday loan

Payday loans can save you in a pinch as the eligibility requirements are rather lax, and the application procedure is extremely fast. However, payday loans are a two-edged sword solution since they can just as easily come back and haunt you.

They are called predatory loans because you could be owing up to ten times the amount you borrowed if you are not careful. Therefore, you should ensure you have the means necessary to repay a payday loan as quickly as possible.

4. Utilize crowdfunding sites

Crowdfunding is a great way to get fast money now. However, you must create a compelling campaign explaining and justifying your cause to access these funds. If you have a real need for cash, your friends, family, the wider community, and the general public will recognize your dire circumstances and help you by donating.

Some of the best crowdfunding platforms you can utilize in 2023 for personal goals include Indiegogo and GoFundMe, and they allow you to easily share your story and get the fundraising you need to stand on your feet once again.

5. Request forbearance on your loan

If you are behind on your mortgage, student, or any other type of loan payment, you may qualify for forbearance relief, which involves the temporary postponement of your loan obligations. However, if you successfully apply for forbearance, your debt will not be forgiven but rather delayed for a set period of time. Lenders opt for forbearance since the losses they would incur if the loan defaults would be greater.

6. Seek government assistance

If you need fast money, don't hesitate to seek government assistance, which is granted by programs operating on all levels of government, from local to federal.

You can find help with anything from purchasing food, finding the right housing, getting help with utility bills, obtaining welfare benefits, and paying for healthcare.

The best place to find and apply for these government benefits is via the official websites of the U.S. government: usa.gov/benefits and benefits.gov. Upon visiting them, you can browse all the government programs available to you and see if you qualify.

7. Get a payroll advance

Getting a payroll advance allows employees to borrow money from their upcoming paychecks before they are paid out if and when they have an urgent need for funds. They pay back this short-term unsecured loan from their future wages. However, the option to get an advance and the applicable terms are determined by the employer.

8. Apply for a personal loan

One of the most common solutions for meeting urgent financial needs is getting a personal loan, as banks, credit unions, and other lenders offer them with favorable terms, including acceptable (and fixed) interest rates and varying repayment periods.

However, before applying for a loan, consider your exact needs and thoroughly research several lenders and their offers to find one that suits you bes

9. Borrow against your life insurance

Did you know that you may be able to borrow against your life insurance policy? To learn whether or not you have access to this type of cash-value loan, however, you must contact your insurance provider. Moreover, the size of the loan will depend on the size and amount of premiums you’ve paid in your policy. Also, your death benefit will be reduced by the amount you owe if you pass away before repaying the loan

10. Dip into your retirement account

Withdrawing money from your retirement account is also an option if you need fast cash. However, this course is inadvisable since you will deplete your savings permanently, and you may be subjected to certain penalties and income tax bills.

That said, if you have no other alternatives, you must contact your employer and inquire about the steps you must complete to withdraw early from your 401(k). You will have to fill out paperwork and submit certain documents.

Note: You may be exempt from paying the tax penalty if you qualify for a hardship withdrawal or another exception under current IRS rules.

Bottom Line

As you can see, several venues are at your disposal to make some quick money if you ever find yourself in dire need of extra finances. However, some of them come with certain risks, especially if you are borrowing a large sum of money with the promise of quick repayment. Therefore, carefully examine and exhaust all your options before diving into further debt because you may be inviting further trouble down the line.


How can I get $1,500 fast?

  1. Get a cash advance on your credit card;
  2. Rent a room on Airbnb for quick cash;
  3. Apply for a government grant to cover your expenses.

How can I make $100 fast?

  1. Complete online surveys;
  2. Get a pet-sitting or dog-walking gig;
  3. Offer your babysitting services;
  4. Do odd jobs for people, like cleaning or running errands;
  5. Drive for a ride-sharing service;
  6. Share your knowledge as an online tutor;
  7. Participate in online competitions and sweepstakes.

Does Cash App let you borrow money?

Yes, Cash App offers a new ‘Borrow’ service that allows you to obtain a small loan. However, it’s not yet available across the U.S., and applicants must meet certain eligibility criteria, from living in a certain state to having a good credit history.

Policy Advice is a website devoted to helping everyday people make, save, and grow money. While our team is comprised of personal finance pros with various areas of expertise, nothing can replace professional financial, tax, or legal advice.

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