Published May 1, 2009

How to Make Money Fast

Are you in a pinch and need to figure out how to make money fast? It doesn't matter what your academic or professional background is when you need fast money. All you need is a good idea and the right combination of time and willingness to execute.

There are many ways to generate funds quickly. Some of them are risky, while others are guaranteed if you have a little cash to invest up front. No matter how you look at it, if your goal is to make money fast, then one or two of the following options will work well for you.

Sell Goods Online

The internet has made fast money more readily accessible to the average person. One of the easiest ways to make money fast is by selling items online. Today they are a variety of outlets where you can post information about your goods for free. These include community websites, free boards, and social networking sites that are viewed by millions every day. Make posts regarding your goods frequently and use a variety of different boards to generate interest.

Selling goods locally allows you to get cash in your hands just as soon as possible. It is also a relatively risk free endeavor if you make all of your business transactions in person.

Start a Service-Oriented Small Business

When you are looking for fast money, a service-oriented business is one way to get funds fast. Service-oriented businesses generally have a lower startup cost than a retail business. If you are capable of providing a retail service, consider starting up online to minimize costs. Examples of lucrative service-oriented businesses with small startup costs include lawn care services, consulting services, personal assistant services and event planning services. Businesses geared toward these fields can be operated with minimal employees, and all you need is a small client base to make money fast.

Short-Term Investments

If you are looking for a surefire way to make money fast, then start exploring short-term investments. A great short-term investment is a certificate of deposit (or CD) which matures at short intervals, such as 3, 6, or 12 months. Investing your money in a CD will produce a guaranteed return at a fixed rate. You can count on the money to start rolling in at whatever interval you have selected. CDs bear very little risk, as long as you allow it to mature to the interval you selected. In a matter of months, you could be seeing a return of as much as 4% on your short-term investment. An investment in a CD is guaranteed fast money.

Learning how to make fast money is easy these days. There are a variety of free electronic resources that you can access regarding the sale of goods online, starting a small business, and making short-term investments. If time is of the essence, don't delay launching your small business venture or making that short-term investment. Fast money and easy money is right around the corner, and you can access it with the click of a button.