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Columns | Go Far With Kovar

The Fastest Way To Make $1,000

by Taylor Kovar

October 31, 2023

Hi Taylor - I'm taking a semester off of college to get my finances in order. I can't take on a full-time job since I'm headed back to school, so I was wondering if you had any ideas for making money without going through the hiring process. Essentially, is there a quick and easy way to make a $1,000? The answer's probably no but I thought I'd ask!

Hi Finn
- This is the type of fun hypothetical more people your age should be asking. You're right—there isn't a quick and easy way to make a grand. If there was, everyone would do it. However, there are a lot of ways to make money faster than you might expect. If you put in the effort, you can start earning a little extra and then you can start turning that money into more money. It all comes down to how hard you're willing to work on your new side hustle.

1. Drive. If you have a car and time, you can make money every day doing a ride share or delivering food to people. You'll have to put in the hours, but you can make a thousand dollars pretty fast working for any of those apps. The prerequisites are just having a good driving record and a presentable vehicle. If you don't like the idea of being on call for people's rides or food orders, some people get a monthly check for turning their vehicle into a moving advertisement. Check out stickr.co or another one of the car advertising companies and see if you're eligible to make money just by putting a sticker on your car.

2. Put the internet to good use.
As long as you're patient and driven, you can make gobs of money from the comfort of your couch. Use a skillset you already have—editing, writing, photography—or develop a new talent and start finding paid work online. A lot of jobs are competitive and you'll need some time to boost your resume, while other one-time gigs are just looking for whoever's available to do some monotonous work. Chances are you won't make $1,000 during your first month of digital gig-hunting, but this option comes with long-term benefits. The more jobs you take and the more work you do, the better your odds of finding a proper remote job that actually pays the bills and fits your lifestyle.

3. Sell stuff.
Look around the room right now. I guarantee there's at least one thing you don't need that could make you $5. You won't get back what you paid for it, but that's not the point; your goal is to make money now, not think about what you spent on something when it was brand new. If you don't have anything to sell, you can get creative and go find things to sell. I have friends who made good money fixing up roadside furniture and selling it on Facebook. The next time you pass a yardsale, take a second look at their inventory.

The main thing is to stop thinking about how you can make a lot of money fast, and instead just think of the most viable way to earn something. Start by trying to make one dollar, and then you'll end up making the full $1,000 before you know it. Good luck, Finn!
© Taylor Kovar

"Go Far With Kovar" October 31, 2023 Column
Legal Disclaimer: Information presented is for educational purposes only and is not an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. To submit a question to be answered in this column, please send it via email to Question@GoFarWithKovar.com, or via USPS to Taylor Kovar, 415 S 1st St, Suite 300, Lufkin, TX 75901.


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