5 Ways to Quickly Earn an Extra $100

Side hustles are a smart way to bring in extra money and protect your financial life with multiple income streams. But it can take time and even cost money to build up a consistent side hustle. For instance, you may need to buy a domain name for a website or print marketing materials.

Some weeks you just need extra cash now. An unexpected expense may have popped up or you need to take a last minute trip for personal reasons. In those instances, you don’t have time to establish a concrete side hustle to earn some money. If you ever find yourself in that predicament, try one of these five ways to quickly earn an extra $100.

1. Clean out your closet and flip your old wares

Few things feel better than cleaning out your home and getting rid of items you never use anymore. If you don’t want to go through the process of actually hosting a yard sale (or if you have no yard in which to host one), then you can try selling clothing or jewelry in person or online at places like Buffalo Exchange, Beacon’s Closet or Poshmark.

You can sell just about anything like books, appliances, or furniture on your local Facebook Marketplace or Craigslist. Plus, don’t forget to shout out your for sale items to your own social media community to see if any of your friends or family are interested in certain items.

2. Get into the babysitting or pet sitting game

Depending on babysitting rates in your area, just one night of watching other people’s little ones could net you $100. You can apply for babysitting jobs using sites like Sittercity or Care.com. Just keep in mind that some cities are quite competitive so it may take time sending out applications before you snag yourself a consistent gig. You may also want to pay to have the background check in order to have that seal of approval to prospective parents.

Not ready to watch little humans? Perhaps taking care of pets is more your thing. You can offer dog walking services or to watch people’s pets when they’re away using sites like Rover.com. You have the option to stay over at other people’s homes or have the pup stay with you.

3. Run other people’s errands

Time is money, and plenty of people are willing to pay you to run their errands or do tasks around their home! If you can put together Ikea furniture without angst, don’t mind waiting in line for hours to secure the latest tech gadget, or can help people move – then sites like TaskRabbit could be a simple way for you to earn extra money, fast.

Taskers offer all sorts of services. They also can set their own rates and decide which jobs they want to take. It puts you in control. But, obviously, the more you work the more you earn. Be sure to factor in any service fees you’ll pay to TaskRabbit when you set your rate.

4. Sell your talents

Sites like Fiverr and Upwork allow you to capitalize on your skill set and even gain experience while getting paid. You can offer services on everything from copy editing, voice-overs and animation to building websites and creating PowerPoint presentations.

Similar to working with TaskRabbit, you should factor in service fees you need to pay to the site when you decide what to charge.

5. Seek out promotions and deals

One quick and easy way to pocket some extra cash is to research different promotions through companies you already do business with. Depending on the time of year, you may have the chance to capitalize on purchases you’d make no matter what.

For instance, this tax season, you can earn up to an extra $100 through an innovative refund option called Refund Marketplace available through TaxAct. You simply file your return with TaxAct and put part of your refund on a gift card. Not only is it a fun, alternative way to receive your refund but it’s a great way to boost the dollars you have coming back to you. Plus, TaxAct added many popular retail brands to the program, so you’re sure to find an option that you buy from regularly.

About Erin Lowry

Erin is a millennial personal finance expert and the founder of BrokeMillennial.com. She's also the author of Broke Millennial: Stop Scraping By and Get Your Financial Life Together. Lowry and her work have been featured on CBS Sunday morning, CNBC, Fox & Friends, USA Today, The Wall Street Journal, Cosmopolitan and NBC News. Connect with Erin on Twitter, Facebook and Google+.

Take control of your taxes.

Sign up to get the latest tax tips sent straight to your email for free.

Take control of your taxes. Get our latest tax tips straight to your email for free.

More from the TaxAct Blog