Mortgage Articles & Advice

How to Get Fast Cash without Breaking the Bank

Many of us rack our brains for the perfect job or
business opportunity to bring in extra cash. We
think that we need to come up with some brilliant
plan to earn the money for a nice vacation, down
payment on a car or some extra cash for our kid’s
tuition. Sometimes the perfect money maker is
right beneath our very noses. Here are some quick
tips to receive extra cash with the least amount
of effort:

1) Clean out your closets. Take out every time
that you haven’t worn in the last century. Drag
out those old comics. Dust off those old records.
One man’s trash is another man’s treasure, as the
saying goes.

- Hold a garage sale

- Place it on ebay

- Bring it to a flea market and agree to split
the profits with one of the vendors

- Place ads in local papers and the pennysaver

2) Take ten percent of your income and stick it
in a savings account or better yet a high yield
cd that you can’t touch for a year. Money market
accounts are also a better alternative to
standard bank accounts.

3) Promote affiliate programs online. They have
already set up the business for you. All you have
to do is promote it and earn commissions.

4) Form an investment club. If you don’t have a
large enough pool of money to invest right now,
many of your friends may be in the same boat.
Pool your money together and invest in some of
the safer investments right now, like bonds or
CDs. You will earn together more than the
measly percentage a regular account will provide.

5) If you have recently helped finance a house
sale, sell your mortgage note for a lump sum.
Instead of having to wait several years to get
your money, take the discount and get cash in
hand now.

Caterina Christakos is a published author and national marketing consultant. She is also a full time real estate investor. For information on how you can turn your mortgage notes into cash go to: http://www.webpagedesignerforrealestate.com/cash_for_notes.html

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