How to Make $70 Fast: 3 Simple Methods

When an immediate financial need arises, various accessible methods exist for generating $70 quickly. These approaches often involve leveraging existing assets, participating in the gig economy, or capitalizing on local opportunities within one’s community.

Selling Items You Own

Selling personal possessions can be a straightforward way to generate cash rapidly. Common household items like unused electronics, clothing, books, or small furniture often hold value. Even collectibles or unwanted gift cards can be converted into funds.

Several avenues facilitate quick sales. Local online marketplaces like Facebook Marketplace are effective for in-person pickup. Facebook Marketplace typically charges no selling fees for local transactions. If shipping is involved, a 10% fee (minimum $0.80) and a 2.9% processing fee may apply, with payouts processed through a linked bank account.

Consignment shops offer another option for clothing or furniture, though they generally pay a percentage of the sale price after the item sells, commonly a 40-60% commission split. Payment is disbursed after purchase, which might take weeks or months. For immediate cash, pawn shops provide instant loans against items, typically lending 25-60% of an item’s resale value. Monthly interest rates range from 4-25%, and failure to repay within 30-90 days means the shop keeps the item. To facilitate a quick sale, pricing items competitively, using clear photos and concise descriptions, and responding promptly to inquiries is advisable.

Using Gig Work Platforms

The gig economy offers platforms for quick earning, providing flexibility and rapid payouts. These platforms connect individuals with short-term jobs or tasks, allowing for immediate income. Common options include food delivery services, ride-sharing, and various task-based apps.

Major food delivery platforms like DoorDash and Uber Eats allow users to sign up and begin earning quickly. The application process for DoorDash often takes a few minutes, with approval typically within days, depending on the background check. Uber Eats usually approves drivers within days to a week. Once approved, workers can start accepting tasks almost immediately.

Many gig platforms offer instant or same-day payout options. DoorDash offers “Fast Pay” for a $1.99 fee, allowing daily cash-outs. Uber has an “Instant Pay” option, often for a small fee around $0.85. Some platforms also provide branded debit cards, like DasherDirect or the Uber Pro Card, offering fee-free instant deposits after each task.

Earnings from gig work are subject to self-employment tax. If net earnings from self-employment reach $400 or more, individuals must file a tax return and pay both employee and employer portions of Social Security and Medicare taxes (15.3% of net earnings). Half of this self-employment tax can be deducted from taxable income.

Finding Local Opportunities

Discovering informal earning opportunities within one’s local community provides direct and immediate ways to generate funds. These jobs often involve simple tasks that neighbors or local businesses need completed quickly, typically requiring minimal specialized skills and offering on-the-spot payment.

Common quick jobs include yard work, pet sitting, babysitting, running errands for neighbors, or performing minor handyman tasks like car washing. For pet sitting, average hourly rates range from $16.05 to $30. Babysitting rates vary, but averages can fall between $15 and $25 per hour, allowing for quick earning of $70 within a few hours.

Finding these opportunities can be achieved through various informal channels. Posting services on local community boards, both physical and online, such as neighborhood social media groups, can quickly connect individuals with those in need. Word-of-mouth among friends and neighbors also proves effective, as does directly offering services to residents or small businesses. When securing such work, agree on the price and scope beforehand and ensure immediate payment upon completion, whether in cash or through digital payment applications.