Earn extra money without having to get a second jobPosted: Updated:
When Deanna (Dina) Pendragon's car died she and her husband started the hunt for a replacement.
She ended up selling her hair online. Pendragon explains, "We looked at the state of the economy and we decided that we didn't want to get into debt for another car."
Instead of cutting a loan check every month, Deanna decided to cut her hair for the first time in 18 years. She says, "I figured this is it! I can sell my hair. Everybody's always crooned over my hair."
You can now place an ad to sell your locks on sites like Hairworks.com and thehairtrader.com where clients earn anywhere from $150 to more than $2,500.
Jacalyn Elise, from thehairtrader.com, says, "Because of the economy, we've experienced about a 40% increase over the last few months."
Pendragon sold 32 inches for $2,000 which was enough to buy a car. She admits, "It was really easy and I was shocked at how high it went."
Besides selling your hair for extra cash, others are selling plasma. The rich, liquid portion of your blood is used to help develop life-saving medical therapies and drugs. The Plasma Protein Therapeutics Association says donations are steadily increasing. Spokesperson Joshua Penrod explains, "The trend has been existing for the past 3+ years. I haven't seen any indication that that is going to be any different in the future."
Compensation ranges from $20 to $40 per donation. For struggling college student Lisa Teicher, donating plasma allowed her to help others and take an unpaid internship. She says, "In order for me to do it, I would need $60 a week to be able to drive down here. Well, for me, I didn't have an extra $60 a week, so that's where plasma came in."
Plasma is separated from your red blood cells. The cells are then returned to your body, which allows you to roll up your sleeve more often.
Penrod says, "Donating whole blood you can do once every eight weeks. Donating plasma you can do twice in a seven day period."
Another way to make some fast cash is by shopping. The Mystery Shopping Providers Association says more consumers are going undercover to report on the performance of all kinds of businesses.
Chuck Paul, from MSPA, explains, "If you do three or four shops within a small radius near your house, you know, you can add that up and that can help your monthly income."
Mystery shoppers can make anywhere from $5 to more than $100, but it is not just the income. Experts say consumers get free perks that help the bottom line.
Paul explains, "It could be a meal at a great restaurant. It could be an overnight stay at a hotel. It could be gas from a gas station."
To find out more information on these places log onto the following sites: