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Monday, January 24, 2011

Four Fast Ways to Make Money

While the ultimate onus on the consumer/investor to be wise with his or her hard-earned cash, a large portion of the blame for people getting scammed out of their money should be directed at those who perpetuate such crimes. An untold number of “get-rich-quick schemes” exist in the world today that offer strategies on how to make money fast and easily only to end up costing those hooked by the fraudulent claims of their advertisements hundreds to thousands dollars for expenses incurred. One particular means of how to make fast money that has pervaded the public consciousness is the Ponzi or pyramid scheme, which famous criminals like Bernie Madoff used to con people out of billions of dollars before all was said and done and he was arrested. Thus, sources that profess they know how to make money fast are to be researched for their trustworthiness. Nonetheless, irrespective of going through intermediary organizations who claim to know how to make fast money, there are ways an individual can earn sizable sums in short spans that are risky in themselves, but if nothing else, are completely legal and viable ways of doing so. They include:
1. Selling your “priceless” possessions – In looking at how to make money fast, hocking one’s family heirlooms is generally a last resort for individuals. Nonetheless, in times of desperation, a person has to do what a person has to do to survive. Selling possessions like jewelry, watches and other highly-prized items to dealers and pawn shop brokers is how to make fast money, to be sure, but depending on the buyer, you may not get a great value for what you are offering. Plus, once money has exchanged hands, all sales are final, so make sure you are ready to part with whatever objects you are asking money for.
2. Selling your less-than-priceless possessions – It is commonly said that one man’s trash is another man’s treasure. Certainly, scrap metal and other recyclables will not be expected to fetch the same rates as gold, silver and other precious metals. Nonetheless, salvage yards and recycling centers may be a suggestion for how to make money fast if you have the materials and the willingness to collect them. Potentially, just by getting rid of bottles, cans and more nondescript hunks of plastic and metal, you could earn hundreds of dollars in a short time. In other words, protecting Mother Earth may just be how to make fast money.
3. Contributing to the pursuit of science – Animal testing is consistently one of the more vocally opposed realities of biological research, primarily because animals have no way to give verbal or written consent to be part in any studies that may potentially harm them. Obviously, though, humans do, so at your own peril, you may look to medical and scientific testing for how to make fast money. Researchers will use humans as test subjects for drugs and other experimental treatments and will pay hundreds of dollars often times for these trials.
4. Taking money from savings accounts – Although not essentially a way of how to make money fast as it will not be adding money that was not already there, cashing out an emergency fund, nonretirement investment or other savings account may be a way to put more money in your wallet or purse in the short term. As with selling your possessions, this should be given thorough prior contemplation before deciding to move forward. Besides, with some investments, early withdrawal will result in financial penalties, so consult an expert to see what specific risks are involved with this maneuver.

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