16 answers

How Can I Make a Few Thousand Dollars Fast?

My boyfriend and I have been trying to save up for a house for a while now. He wants at least $10,000 saved up, some for a down payment and some for emergency money. Well, he has saved up about $3,000. I haven't been able to contribute anything because all the money I earn at my job goes to my car payment, car insurance, gas, and food during my break periods at work. I've been looking for another part time job, but I can't seem to find anything.

Do you ladies know any way I could earn a few thousand dollars by the end of the summer?

Oh, and the boyfriend said that I wasn't allowed to star in any 'adult films' or stand on the corner late at night... So those options are out! Lmao!

1 mom found this helpful

What can I do next?

Featured Answers

I would highly recommend reading a Dave Ramsey book, or combing through his website.
If you're being serious, you're literally working for nothing more than the things you need in order to work. It sounds like high time for a Total Money Makeover.

3 moms found this helpful

Well that is the million dollar question!
If you find the answer, let me know!
Anything legal, that is.
LOL

3 moms found this helpful

More Answers

A few thousand dollars by the end of summer? Sign me up!!!

Just a suggestion, if you take food for your lunch and snacks, you can save money each week. I NEVER buy lunch. It's not like I wouldn't love to, but I'm a single mom. I can make a nice sandwich, have some fruit and yogurt, even take some leftovers to microwave, put a salad in some tupperware. It's so much cheaper.

One lady that I've known for years told me the greatest idea. She told me that she had saved just under $900 for Christmas shopping. What she did was, she never paid the exact amount for anything. Like if she went to the store and bought $13.47 worth of things, she paid $14.00 and put the change in a jar. If something was $18.37 and she paid with a 20, she put the change in a jar. At the end of the year, she had jars and buckets of change. She took it to a local casino because they have a massive automatic change counter. They charge a fee for it being counted and sorted, but she walked out with cash, in bills and was glad not to have to count and roll all the change.
That's not going to get you a few thousand by the end of the summer, but I've started doing that. I count and roll my change though and take it to my bank every so often.
Try it and stop spending money on lunches when you can make them at home. If you go to Starbucks for coffee, make your own coffee at home and put the money you would spend each week at Starbuck's in a jar.
There are lots of things you can do to save money if you can't find ways to actually earn more.
A penny saved IS a penny earned.

Best wishes.

9 moms found this helpful

The thing you need to consider is that if you are just getting by how will you be able to contribute to a home? Owning a home is very pricey. Not just getting the down payment but also the upkeep, etc. And $10,000 isn't much when you are talking about splitting it between down payment and emergency money. You guys probably need to look at housing in your area then look at what you would realistically need for a down payment. We weren't able to put a full 20% down so now we also have to pay PMI (private mortgage insurance) on top of our monthly payment.

And stripping or dealing drugs is the only way you are going to make thousands by the end of summer!

5 moms found this helpful

I am going to *answer* the question you didn't ask (sorry)

I have been in the mortgage industry for 21 years & I will tell you to really re-consider purchasing a home with a boyfriend and wait till you are married!!!!

Also if you can't afford anything now you sure won't be able to afford a house. Houses are very very costly with all the maintenance & upkeep. You should post a question about the costs of owning a home rather than renting, the upkeep is endless.

I am a big Dave Ramsey fan to the point I think it should be a mandatory class Senior year in H.S. He will tell you to get rid of that car, perhaps get just liability insurance & get a part time job.

But seriously if WE knew how to make a few thousand dollars FAST (legally) nobody would be hurting in this economy. Maybe this is Gods way of telling you that you guys are not ready for this big commitment . Sometimes going *FAST* isn't so good.

5 moms found this helpful

I will skip the unasked question of whether it is wise to buy a house for your situation.

There are two ways to make those extra $$

1) SAVE and DOWNSIZE.
(A) Get rid of your car. If that is not an option, buy a cheap second-hand car.
(B) Do not buy lunch/snacks at work, and do not eat out or keep it to a minimum. Buy bulk and cook at home. (This saves A LOT!)
(C) Get rid of your cable and switch to a more economical phone/internet etc service. Whatever you have.
(D) Shop for car insurance. You may find a better price.
(E) If possible, bike to work or take public transportation. Start/join a carpool.
(F) Sit down and make an accurate list of where your money goes, and see if there is anything else you can cut. Calculate how much that would save you by the end of summer. Decide if you want to cut it. (Such as getting rid of $4 latte per week in 3 months would be more or less $4 x 15 weeks = $60.
(G) Have a garage sale or sell stuff you do not need on Craigslist

2) EXTRA WORK
(A) Any hobbies or talents you can turn into cash (paint pictures, teach yoga, sell crafts on ebay etc)
(B) Tutor kids, babysitting
(C) Participate in medical studies or give blood/serum
(D) A second job (evening/weekend shift). Keep looking!

5 moms found this helpful

If you truly want to buy a house then you need to work for it.

Find an additional source of income. Babysit, mow lawns, pet sit for people taking vacations. Ask your current employer if you can have some additional hours, or offer to cover for colleagues who need to call in sick.

Why do you need purchase food during your break periods? Eat your meals at home or pack a bagged lunch.

Car payment? Put every extra penny you have towards paying off the car and the interest that goes with it.

If you can't manage to save a few hundred $$ (you said haven't contributed anything), how do expect to be able to make mortgage payments and pay for any unexpected repairs or emergencies?

5 moms found this helpful

I don't know about the fast part, but you could...

Sell your car and carpool
Carpool just to save on gas
Cut back on your spending (no movies or restaraunts, only necessities)
Reduce your bills (cancel cable, turn off the AC, lower grocery costs)

4 moms found this helpful

Look long and hard at the bills you DO have. Car payment? What if you sell the car? Put half away and buy a cash car with the other half.

SELL some other stuff maybe?

Deliver pizzas. Amazing what delivery drivers pull down in cash tips each night.

Home ownership is not for the faint of heart. What they "tell" you you can afford per month is not the case--aim for HALF of the payment for which you are approved.

I would also caution you on buying a house with a boyfriend. This is the first step a lot of women make that result in a "loss of power" and downward spiral. (Not saying you specifically.) Get your own place.

There are a lot of situations where renting is really the best thing until all else is in order.

I really, really really recommend Dave Ramsay's Total Money Makeover book & plan. So.....if you can scrape up 20 bucks by the weekend--go get it. It will save you a LOT of financial problems!

4 moms found this helpful

Well that is the million dollar question!
If you find the answer, let me know!
Anything legal, that is.
LOL

3 moms found this helpful

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