Have you ever had a desire to get rich quick? This article will invite you to understand more about various quick and easy ways to earn money with little risk, as well as ways to achieve long-term profits with the money you already have.
Step
Part 1 of 3: Achieving Wealth the Fast Way
Step 1. Purchase an official sweepstakes
Buying sweepstakes is a quick get-rich-quick way of getting big prizes with little risk, even though the chances of winning are close to zero. However, there will still be someone who wins, and this does not mean that there is no possibility of winning at all.
Each lottery has different rules of the game; there are winners by rubbing coupons or guessing certain numbers that will be announced later. Prizes obtained for winning the lottery by rubbing coupons are usually smaller when compared to other number guessing draws
Step 2. Try trading by getting a loan
A loan will increase the potential profit and loss of an investment by multiplying the value of your investment. This is a high-risk way of making money, so you need to seek information before making a decision on where and how you are going to invest.
In general, traders have limited cash. Trading with loans is just the opposite, this method allows investors to borrow funds for investment so that they can run their business with more money than the cash they have
Step 3. Gambling
If you are willing to face the possible losses, gambling is the easiest way to get large amounts of money instantly. To reduce the chances of losing, gamble in a way that doesn't rely entirely on luck, for example playing in a casino. Apart from that, you can also gamble using your background knowledge to determine the closest outcome, for example on sports competitions or horse racing.
In the United States, gambling is regulated by law, but prohibited in certain countries
Step 4. Buy a house to resell
You can do this business by buying a house that is cheap, repair it, then immediately sell it to profit from the repair. The key to the success of this method is speed; Many investors do repairs and offer their homes in as little as 6 months. However, this method can only be done if you already have some money to get started.
- In order to get the best returns, investors should buy homes that are in unkempt condition in locations where the environment is growing very rapidly. This way they can buy the house as cheaply as possible and sell it at the highest possible price.
- As a result of the crisis in the past, the demand for housing has increased over the last few years creating a seller's market in the home buying and selling business. Therefore, buying houses for resale is still in demand, especially in big cities.
Step 5. Make a video that quickly spreads through YouTube
Making YouTube videos is easy and inexpensive (many of the most popular clips were made with iPhones), and makes a lot of money when they get widespread. The key to success that makes your video spread quickly is its uniqueness and appeal.
Common themes in videos that quickly spread are usually about animals performing funny or extraordinary stunts, athletes who look amazing, and people saying/doing funny or embarrassing things. Try to make videos that are short but can still attract the attention of many people and spread widely
Part 2 of 3: Earn More Cash Easily
Step 1. Sell metal objects that are no longer used
If you have metal objects lying around your house or garage, take them to a metal recycler (or scrap dealer) to make some money. Look for items of steel, brass, copper, aluminum, and iron.
- Items such as used car parts, grills, plumbing repair kits, Christmas tree lights, drink cans, and musical instruments.
- Do your research beforehand because each recycling center will probably charge a different price and only buy certain types of metal so you can sell it in the most appropriate place.
Step 2. Sell your blood plasma
In certain countries, healthy people are allowed to sell their blood plasma, the colorless liquid in blood, for money. You can contact your local blood bank or Red Cross for more information on this.
- Compensation depends on the plasma donor center you visit, but in the United States you typically receive $20-$30 each time you donate plasma. Donors who donate plasma for the first time will usually get a bonus.
- Please note that blood plasma donation requires a time commitment, especially if you are a first time donor because you will have to undergo a physical examination before carrying out the procedure.
Step 3. Donate sperm
Healthy men aged 18-35 years are allowed to donate sperm and receive a fee of up to IDR 10,000,000 every month.
Be aware that sperm donation must go through a very strict selection process. Be prepared for a thorough interview and screening stage. Some sperm banks select prospective donors based on their height, hair color, eye color, ethnicity, and more importantly, specific health conditions
Step 4. Find a job in your neighborhood
Taking care of the baby, walking the dog around, and cleaning the house are all great ways to earn money in a short amount of time. A reputable baby nurse is needed. Contact your friends, family and neighbors for job opportunities.
Step 5. Sell things you don't need
If you've just bought something you don't need, or if you have something that's been used and is still in good condition, sell it to a thrift store or junkyard. This is a way to earn money instantly.
You need to know that every store has different rules. There are stores that accept items with their price tags still on with or without a receipt. There are also shops that only accept deposited goods and are not willing to pay in cash
Step 6. Become a ticket sales agent
Becoming a ticket sales agent means buying tickets to a concert or sporting event and then reselling them at a higher price to make a profit. However, you have to be careful with this method because tickets are supposed to be sold at the stated price, and there are also those who consider selling tickets through agents as an illegal way. Check the rules that apply in your country first to be sure.
Becoming a successful ticket sales agent can only be done if there are certain events whose tickets are definitely sold out. Otherwise, you may be forced to sell tickets at the listed price or even lower
Step 7. Offer your excess parking space
If you live in a large city where parking is limited, consider renting out your parking lot or garage. Like in San Francisco, people are willing to pay up to $300 a month just to get a parking space for their vehicle.
Step 8. Rent a room in your house
If you still have an unused bedroom in your house and you're willing to share a space, renting out this space temporarily can be a good way to earn some extra money. You must make a rental agreement / contract of residence with the tenant so that there are no disputes in the future.
Step 9. Sell unused items over the internet
If you have items that still have a price but you no longer need and would love to throw them away, don't sell them right away in your yard. If you really want to make money, sell it through Craigslist or eBay which has a lot of users, and post photos with explanations to market your items in an attractive way.
Sell furniture, knick-knacks, clothes, shoes, bags, bicycles, musical instruments, and other collectibles that you don't use anymore
Part 3 of 3: Managing Your Money
Step 1. Save your money
No matter how much money you have, it will never be enough unless you learn to manage it properly. The key is to understand the difference between necessities, luxuries, and spending money as needed.
Be honest with yourself when deciding what you really need. Necessities are what you need to survive i.e. food, clean water, shelter and clothing. Everything else is luxury
Step 2. Keep a record of your expenses
Check your bank statement regularly to keep track of where and what you used the money for, as well as to make sure that there are no errors on the part of the bank. Even more important is keeping track of the little things you do each day, because the numbers can grow big quickly. A glass of milk coffee when you have breakfast may only cost Rp. 30,000, 00 but in a year this habit will become an extra expenditure of Rp. 10,000,000.00.
