Unemployment: Things to do to make extra money

I was unemployed 2 years ago and am thankful to have a job now. The job market is bad at the moment and I have decided to share some advice on how to make extra cash while jobless. Some is obvious and some not. Feel free to comment with something I may have missed!

  • First make sure to apply for unemployment. Even if you think you do not qualify you can still try. It costs nothing to apply at the local office.
  • Sign up for focus groups. If you are in a major city their are companies that hold focus groups on products of all kinds and pay well. Average pay here in Atlanta is about $50/hour and up. I did several of these while unemployed and that got me an extra $250 in 2 months.
  • Become a mystery shopper. Lots of online companies pay you to go shop local businesses and you usually get something free out of the deal AND money. Most do not pay a lot but every little bit helps when unemployed.
  • Sell stuff on ebay and books on amazon.com. Now is the time to unload on stuff that is not absolutely necessary to have. Would you rather have 100 books or pay the power bill this month?
  • Have a yard sale. Anything too big or not popular on ebay can be sold in a yard sale. Quick cash and easy to do. A friend did this once and gave out free bottled water to those who showed up. Most of them bought something and usually more than the cost of the water.
  • Collect scrap metal and sell to the local scrap yard. This is not for everyone and you most certainly cannot live off it. If you have a truck you can drive around and pick up scrap metal. Good items are old appliances, sheet metal, fencing, etc. Be sure to separate aluminum and copper as they are worth a lot more. You need A LOT to make it worth while but a full, heavy load of metal can bring you about $40-50 here in GA.
As always the best solution is to have an emergency fund. The above items can help pay the bills and reduce the need to use as much of your fund. You will be surprised how far an extra $100 can take you when you are not working!

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