In a time when so many have lost work and jobs many are looking for ways to keep food on the table. Fortunately there are ways to make up for at least a little lost income. Here are ten ways that you can get money fast – in some cases in less than a week. These are all things I’ve done recently to get money.
Get money fast with MyPoints and/or Swagbucks
I use these to get points which I then redeem for gift cards. I’ve cashed points in for $510 worth of gift cards since November 2018. The ways that you can earn points are varied and interesting. You can shop at the MyPoints and/or Swagbucks shopping portals, complete a featured offer, print coupons, do surveys, watch videos, play games, and more.
Get money fast with a Paycheck Protection Program (PPP) loan
This loan is underwritten by the Small Business Administration (SBA). To get this loan, you need to have a business of some sort. But owning an incorporated business is not required. You can have self-employed income and/or be a sole proprietor and file a Schedule C form with your yearly federal tax return.
The nice thing about this loan is that you can apply for complete forgiveness of the loan.
I applied for this at a local bank, and I was amazed at how little time was required to apply and get approved. I received $6300, which was calculated from 8 weeks of 2019 business income for my music business.
Go here for a search form that you can use to find PPP lenders close to you. I encourage you to apply soon for this loan. The (extended) deadline for applying is August 8, 2020, but you don’t want to wait and then find out that funding for the loans is exhausted.
Get money fast with a EIDL (loan)
This is another SBA-funded loan, but you apply directly to the SBA for the EIDL. Similarly to a PPP loan, you need some sort of business to get a EIDL. For more information, go here.
There used to be EIDL grants available that everyone received, but those are no longer available as per this page.
Get money fast by lowering auto insurance miles you drive
Many people these days are not working at all , working at home, or working reduced hours. Because of that many people are driving fewer miles. The number of miles driven is a factor in the cost of car insurance premiums.
Cut the cost of those premiums by informing your insurance company that you are driving fewer miles. I use USAA and on their website they offer editing of certain aspects of my auto insurance policy. Your insurance company might offer online editing, or you might need to call.
Get money fast with SavingStar
SavingStar is a rebate program that has relationships with over 100 grocery and other stores. After you sign up for an account, link your store cards, choose your rebates on the SavingStar site, use your store cards when you go shopping, and for most the stores the rebate will appear in your account. For some stores you’ll need to take a picture of your receipt and submit it on savingstar.com or the iPhone, iPad, or Android apps.
When your account reaches $20 you get the money!
Get money fast by lowering your credit card interest rate
You can save quite a bit over time if you call or message your credit card company and ask for a lower rate. Here’s a calculator that gives a rough approximation (without messing without complicated formulas that use daily balance, etc.) of how much you could save yearly if you lowered your credit card interest rate.