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Payday Loans, Traditional Loans and Unique Ideas to Earn Extra Income to Pay Down Your Debts Faster


Many of us are dealing with debts and are looking for extra ways to pay them down faster. If you have borrowed some money and are looking for ways to earn an extra income, here are some unique and fun ideas to help you get some more cash into your pocket.

The income earned from a traditional job often doesn’t keep up with the rate of inflation and the expenses associated with the cost of living. For this reason, it’s estimated that 50% of the millennial workforce in the United States is currently freelancing to help make ends meet and it’s safe to assume that this percentage would be approximately the same in Canada.

Whether you have traditional loans or payday loans that you want to pay down faster, here are some ideas you may find helpful to get that extra cash you so desperately need and want.

Sell Things on Kijiji or eBay

You probably have some things in your home that you aren’t using and are just taking up space. Start posting these items on eBay or Kijiji to get some extra pocket money fast. Look around for any type of used items you have, which may include clothes, collectibles, furniture, appliances etc. This is one of the easiest ways to make fast cash to pay down your payday loans and other loans as quickly as possible.

You can also take this a step further and make a business out of it. A lot of people are taking note of what is selling quickly on these sites and looking for good deals for these items online, at garage sales and at second hand stores. You can buy these things at a low price and then turn around and sell these goods on Kijiji and eBay for a higher price. You can also make a business of helping others sell their household goods by posting listings for them and managing the inventory. You can then take a cut of the profits made by the sales.

Pet Sitting

If you’re an animal lover why not get paid to take care of cats, dogs and other animals that belong to other people? Pet owners are always looking for a reliable place to leave their special animals when they need to travel. A lot of individuals don’t want to leave their pets with a professional pet boarding place since they feel they won’t get the individual attention they deserve. Offer to take in animals at a lower price than what people would have to pay to get their pets professionally boarded and you’ll find that you’ll have a lot of business on your hands.

Cash for Gold

Another way to get some extra money is to search around your home for any unwanted gold items you may have in your possession. You can turn this unwanted gold into money on the spot. Cash for gold services are an excellent way to get some money fast when you really need it. Put this money towards paying off your payday loans and traditional loans faster.

Assemble Furniture for Others

Many people are buying furniture that needs to be assembled in order to save money on their purchases. You can earn an extra bit of money by offering your services to people that aren’t handy or don’t have a lot of time on their hands to assemble this furniture by themselves. You could also learn how to mount TVs on walls to earn some extra income. You’ll be working for yourself and can formulate a flexible schedule that works for you.

Dog Walking

This is a lucrative opportunity that can be done part-time or full-time. Just about anybody can walk a dog. If you live in a neighbourhood that is filled with dogs, put up a flyer in your local area for dog walking services. You’ll find that your client list will grow over time and you could very well end up with more jobs than you can handle on your own. Use the extra money to pay off your different loans including payday loans.

Sell a Service on Fiverr

Fiverr is a unique site that allows you to offer a gig at a starting rate of $5. Just about anything can be sold on this site and there are a lot of people that are browsing through Fiverr and looking for people that can help them out with certain projects. You can offer smaller services for $5 and then upsell larger services for more.

Online Consulting and Coaching

If you are experienced in a certain field you can work as a coach or a consultant online to make extra money. Think of life coaching, financial consulting, travel advising and much more. There are many individuals that could use your help and you can earn a lot of money in many different fields by providing coaching or consulting services.

If you possess a high level of skill you may get paid by a website called JustAnswer. On this site people are willing to pay for advice in order to help them solve a problem. Some of the skills that are needed most on this website include car mechanics, lawyers, financial advisors etc.

You can also tutor students on Skype all over the world. If you are good at a particular subject and have good qualifications in the area, you can consider offering your services. You can also offer to teach others a second language. All of these online coaching and consulting projects can be done anywhere in the world as long as you have access to the Internet.

While the other ideas above are a great way to earn money, when you need cash in your pocket today, cash for gold Toronto can give it to you now. Find out more about this service at moneydirectstore.ca.

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      *The Cost of Borrowing at Money Direct in Ontario is $15.00 per $100 advanced. On a $500.00 loan for 14 days, the total payback amount is $575. Total cost of borrowing $75, 391.07% APR. The maximum allowable cost of borrowing under the Payday Loan Act in Ontario is $15 per each $100 advanced. The Cost of Borrowing at Money Direct in Nova Scotia is $17.00 per $100 advanced. On a $300.00 loan for 14 days, the cost of borrowing is $51, with a total payback amount of $351. The maximum allowable cost of borrowing under the Consumer Protection Act in Nova Scotia is $17 per each $100 advanced. Payday Loans are High-Cost Loans.

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