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5 Ways to Raise Cash Fast

5 Ways to Raise Cash Fast

Ease your financial burden and raise cash fast! There are plenty of side hustles in your area that can help you make some extra money. Most Australians can use their spare time working a second job or tapping a goldmine at home. If you’re looking for these opportunities, here are 5 income-generating ideas for you.

1. Babysitting and childcare

You can be a reliable and caring local babysitter. Babysitting, as is childcare, is always in demand and can be very rewarding financially.

You can list online with babysitting sites such as Babysits, Find A Babysitter, We Need A Nanny, or any local Facebook groups in your area.

“I had never babysat before creating my account on Babysits, but this was not a problem for me in finding babysitting jobs. The Babysits community is great and really helpful! I followed the tips on the website and managed to find myself some great jobs with families in my area that worked out well for everyone involved. I recommend this website for anybody looking for a babysitting job, even if you don’t have experience!” — Harry, Wellington

2. Pet sitting and dog walking

As a pet sitter, you are in control of what animals you allow into your home. Choose a pet for a more satisfying experience. As you arrange your prices and availability, you can manage what works for you. Pet sitter websites, such as Pawshake, provide online marketplace which connects pet owners to pet sitters.

Pet sitters often charge more for 24-hour care, services provided on holidays, and additional pets.

Dog walking has been a good business. If you like dogs, it’s a great way of making extra cash.

Depending on the services involved, pet sitters and dog walkers charge:

  • $20-$40 a day on average
  • $25 for a 30-minute visit
  • $75-$85 for an overnight pet-sitting
  • $15-$20 per 20-minute dog walking
  • $20-$30 per 30-minute dog walking
  • $30 and $45 for two walks a day

3. Do some ‘gigs’ to earn cash

There are sites entrepreneurs and businesses go to and look for one-off projects like proofreading, translation, graphic design, photoshopping, and image and video creation, among other things. These are ‘gigs‘ and you can set your price for it, for example: $25 for making a logo.

Browse for the latest gigs, search for work or services you specialise in, and decide if it’s worth your time. Check out these freelancer websites:

4. Teach English online

There is a demand for English teachers working online with China and Korea-based students. The pay is good and the work is so rewarding.

Upon direct hiring, they supply you students to teach. Make sure the school has a good reputation and won’t weasel out of paying you later on.

Check that the organisation accepts Australia-based teachers before you apply for a position. You will also need to be both fluent in English and have a bachelor’s degree.

5. Rent out your room or house

If you have a spare room, a good way to make some extra money is to rent it out. Thousands of Australians are doing it all over the country. Get the experience meeting local and foreign visitors while generating income. 

By now, we’re all familiar with Airbnb — a simple, trusted, and reliable income generator. It is an online marketplace and hospitality service brokerage company. Airbnb has a review system for guests and hosts to rate each other after a stay. You can sign up for free!

Take some photos of your home and provide prices and other details for the rental.

If you liked our “5 Ways to Raise Cash Fast” and find it useful, check our blogs regularly for more info on how to get out of debt and updates on the best budgeting apps in Australia.