April 24, 2009

Three Methods To Make Quick Cash

I wanted to take some time to investigate possible ways to make money with little to no effort. I will look at the pros and cons of each method, and try to find as much about the possible income as I can. What I have discovered is, there are basically three available methods you can use to make money, and I have categorized them as follows:

1. Selling Yourself

Your body as it sits is worth money. If you are okay with the idea, you can sell off the things your body produces naturally.

Sell Your Hair

Pros:

Wig makers are always looking for good hair to use for their wigs. The longer and healthier your hair, the more money you can make, and some people make really good money for cutting off their locks. Take a look at some examples.

Cons:

It takes a long time to grow hair, and it takes some effort to keep it in great condition. If you are fond of your long hair, you have to lose all of it to be able to sell it, and you have to find a willing buyer. Not all hair types and colors are as valuable as others.

Sell your Blood or Plasma

Pros:

If you are drug and disease free, and have no severe fear of needles, you can donate your blood or plasma. There is a heavy need for blood in all markets, and at all times. You can donate twice a week, and can make up to $30-$35 per donation depending on your blood type.

Cons:

You rarely get an expert in blood drawing when giving blood, and you can incur some serious damage if the process is not done correctly. You are basically puncturing a vein in your arm which will heal but will definitely alter you permanently.

Sell your Eggs or Sperm

Pros:

For women, there is a heavy demand and thus a good price for selling Ova. One donation can earn you $7000.

For men, well, you get to masturbate for money, and donations could gain you $100 or more.

Cons:

There is an age stipulation for potential donors, and you have to be drug and disease free. If you fail the medical screening or are not 21-to-35 years old, you will not qualify for egg donation. As well women are allowed to donate a set amount of times which is usually no more than 6. Not to mention you are placed on fertility drugs which have a multitude of side effects.

For men, again, you have to be drug and disease free. You also have to meet the sperm count motility and morphology requirements and your sperm must be able to survive the cryogenic process. Upwards of 95 percent of donors are disqualified. There is also a heavy dependence on medical history in regard to your whole family. It can also take up to three months for your sperm analysis to be completed for you to become a certified donor.

Sell Yourself for Medical Research

Pros:

With little to no effort at all, you can make anywhere from $40 to $800 by offering yourself up as a human test subject for medical research projects. There are always studies going on, and the medical community is always looking for volunteers for studies of all types.

Cons:

You have to accept the risk of any and all side effects for whatever you are being tested with. Whether they are testing a product, a drug, or a method, all of them come with at least some risk to you, and because this is all new research, the risks cannot be adequately disclosed. This means, you could suffer severe damage and even death.

Other Methods:

There is also the option of surrogacy and selling your vital organs, but not only are these time intensive, but also way too invasive for people who are not absolutely desperate. In my opinion, the money earned is no where near adequate compensation for the sacrifice involved.

2. Offering your Labor

You can always find an odd job here or there, and you can even make money doing something simple. There are issues to consider whenever you are providing a service such as contracts, liabilities, and sometimes insurance, so remember. Always watch your back because people will take advantage of you.

Offer House or Pet sitting Services

Pros:

People are always looking for someone to manage their affairs whenever they leave for an extended period. Not everyone has the luxury of family and friends to take care of things while they're gone. Offering to watch someone's house, water the plants, take in the mail, tend to pets is a viable business model and can be done in your spare time.

Cons:

There is plenty of competition for this service, and because of this the money you can make is minimal in comparison to the time involved. You will likely have to have transportation and references to gain the trust of people willing to let a stranger camp out in their house.

Offer Dog Walking Services

Pros:

If you can walk, and you are not deathly allergic to dogs, you can make a good bit of money taking dogs for a walk. There is likely already competition for this service in your area, but if you are motivated, reliable, and are able to present yourself as a non-threatening individual, you can certainly make money this way with little to no effort.

Cons:

Competition again makes this a service you may not make much money with in terms of the time invested. You may also have to travel and prove that you have a love for dogs, and you have to scoop poop.

Offer to Clean

Pros:

Cleaning is not fun, but it is also not necessarily difficult either. Offering to wash a car, or a house, or a pet, or anything else that gets dirty is a good way to make some cash with relatively little effort.

Cons:

Competition makes for low wages, and you may have to clean some seriously nasty stuff which may make you rethink if there is any amount of money to compensate for it.

Beg or should I say Panhandle

Pros:

All you have to do is sit there and ask people for spare change.

Cons:

You may have to suffer the wrath of people not too keen on your choice to beg for money. It is illegal in some areas.

Other Services You Can Offer

In the interest of space, here is a list of other services you can offer for money. They all come with their own stipulations, but they are all viable ways to make money.

Babysitting
Lawn Mowing/ aeration/ weeding
Garbage Hauling
Raking leaves
Snow Shoveling
Errand Runner
Strip Tease Dancer (both sexes)

As well, if you have space, you can rent a parking spot or a room for a fee.

3. The Online Game

There are just about as many methods touted to make money online as there are websites. It seems life is all about how to make the quick and easy buck, and people fall for this scam every second of every day. I have seen a few legitimate ways to make money, but none of them will generate the thousands of dollars they claim. You are looking at making maybe $10 a month.

I am not going to go through all of them, but I will give you some tips. Always sign up for a site that has the lowest payout option available. If you are not going to get paid until you reach a total of $50, you are going to be spending an inordinate amount of your time trying to get there and likely will give up before you get even close. Go for a site that pays out at $5 or less so at least if you change your mind about how much effort you are putting in you can reap some of the reward at least.

NEVER EVER PAY FOR ACCESS TO ANYTHING!!! The purpose of the Internet is the free exchange of information. If someone is asking you to give them money, they are not providing you with a legitimate service. If you are not getting something tangible for your money then it is a scam, and that is guaranteed. Usually you can find the information they are selling you for free if you are willing to search around long enough for it.

If you want to look into these options further, I have provided links for research.

Surveys
Paid to Click / Surf
Amazon Mechanical Turk
Become a Mock Juror

You can also get paid to Blog and submit product reviews at any number of sites. Of course there is always the lottery, and Sweepstakes.

I can't say I will be using all of these methods, but I am investigating Paid to Click, and I have signed up to be a Mock Juror. I will keep you up to date if anything decent transpires.

If there are any other methods I have missed, please feel free to add them to the comments.