Using scissors, needles, and pie tins, you can earn lots of extra cash.

Credit card debt is one of the worst types there is. If you’re not careful it’ll keep you in constant bondage. That’s why I recommend not using them at all — but that’s a subject for another time.

One of the best things I recommend to pay off any kind of debt, is to make extra money you can use exclusively toward debt repayment. Fortunately, there are plenty of inventive ways to make money so you can pay off credit card debt for good!

If you can use just one or two of these ideas to make some extra money, you’ll get those credit card bills paid off in no time!

Terrible ways to pay off credit card debt

If you search the Internet, you’ll find tons of bad advice for paying off credit card debt that really don’t work that well. Things like:

  • Debt settlement companies
  • Switching to a credit card with a lower rate
  • Personal loans
  • Debt consolidation loans
  • Taking money from retirement accounts
  • And other nonsense…

These options might get your credit cards paid off, but they don’t change the behavior that got you into debt in the first place. The best thing you can do is to find ways to change your habits with credit cards.

Seriously, if there is no change in behavior, you’ll end up right back in debt — usually worse than before.

First, cut up the credit cards and go naked!

The first thing I always recommend when you decide to pay off credit card debt is to go naked.

Whoa, keep your clothes on!

What I’m saying is that you have to go naked when it comes to using credit cards to finance your life.

If you truly want to pay off your credit cards permanently, the best thing to do is to cut them up and stop using them altogether.

Yes, I understand that feels kind of weird. That’s why I call it going naked.

In the beginning, it feels extremely uncomfortable. It feels like you don’t have a safety net. But if you build a small emergency fund first, you’ll never have to stress out about credit card problems ever again!

Once you go naked, it’s much easier to pay off credit card debt for good because you’re not playing with matches while trying to put out the fire.

So to help get you started down the road to getting rid of credit cards, here are a ton of money making ideas you can use to pay off credit card debt quickly (and permanently!)

Sell your life insurance policy

Universal life or whole life insurance policies usually have some built up cash value you can access when you sell the policy.

These kinds of policies are generally a bad value anyway (your insurance salesperson won’t tell you that, though).

So if you have one of these policies, find out how much you could get if you cash it out. Use that money to pay off debt, then invest in a term life policy for about 10% of what you’ve been paying for whole life.

Make quick cash selling your body

Whoa, don’t go there! These are quick ways to make money that don’t involve huge moral dilemmas. In fact, selling hair and plasma can be quite profitable!

The US is one of the few countries where it’s legal to sell plasma. In most medium to large cities, you can find clinics that will pay you $35 or so for donating plasma.

They will allow you to do it as often as twice a week. The process involves 30 minutes to an hour of filtering the plasma from your blood and returning the rest to your body.

To qualify, you’ll need to be drug free and healthy. However, if you’re afraid of needles, this probably isn’t a good fit for you.

If you have long hair, you can make quick cash selling your hair. The hair must be:

  • At least 10 inches long
  • Clean
  • Not colored or processed
  • Well taken care of (healthy, not overly dry or damaged)
  • The longer and better cared for your hair is, the more money you’ll make!

Websites such as The Hair Trader will show you everything you need to earn money selling your hair.

You can make a few hundred to over a thousand dollars depending on the quality and length of the hair you send. How’s that for a simple, quick way to pay off credit card debt?

Sell scrap metal, gold, and other precious metals

There are many different kinds of scrap that recyclers are willing to pay good money for! Whether it’s electronic scrap, plastic bottles, aluminum cans, or precious metals, selling scrap is an excellent way to help you pay off credit card debt while preserving the environment too!

There are many types of scrap metal that recyclers are looking for. Aluminum, stainless steel, copper, lead, nickel, tin, titanium, brass and zinc are good money makers.

You can offer to haul away old cars to the junkyard, clean up scrap from construction sites at no charge, and make money from the metals you collect.

This is one way to earn money that adds up quickly if you put some effort into it!

Selling your old scrap jewelry is also quite profitable! Most jewelry contains some amount of silver, gold, or palladium, which are extremely valuable to precious metal recyclers.

I’ve made a ton of money over the years recycling precious metals. It’s easy to do and a great way to earn money from home with very little effort!

But you don’t want to take your precious metal scrap to just anyone. Generally, if you take your scrap to a jeweler or a storefront gold buyer, you’ll only get a fraction of what your scrap is worth.

Here’s a great method to get a 90 percent payout on your precious metal scrap.

Participate in medical research

Drug companies constantly need people to test out new drugs and medical devices. They will pay you hundreds, sometimes thousands of dollars depending on the study. To get more info and get matched to a study, you can go to ResearchMatch.org.

Sell stuff for other people on Ebay or Craigslist

I’m always amazed at the number of people who don’t know how to use Ebay or Craigslist.

That’s where you can help!

Seek out friends and family who want to sell stuff they don’t need, but they don’t have the time or the knowledge of how to do it. Offer to help them out for a cut of the proceeds.

You’ll earn money to pay off your credit card debt and your friend/family earns money getting rid of their stuff without having to lift a finger.

Everybody wins!

Make money selling baked goods

I’ve known many people who made money selling baked goods from home. If you have a talent for baking or have some awesome family recipes, this is a great one to try!

Starting a business baking sweet treats doesn’t take a lot of money. If your treats are good, you’ll always have repeat customers!

Here’s a detailed post about how to earn money selling baked goods for a profit.

Rent storage space in your garage

Got some empty space in your garage? Charge your friends and neighbors to store their stuff with you instead of a storage facility. You can charge the same or less that a storage facility would, but for you it’s pure profit!

Renting out space in your garage is ideal because you’ll have a steady stream of passive income month after month without having to do any work.

How easy is that?

Detailing cars

Some people just don’t have the time or motivation to keep their car clean. But that’s OK, a lot of those people are willing to pay someone like you to do if for them!

You’ll need to buy a few supplies (they don’t cost a lot) and work up some prices for different levels of service. You can make anywhere from $50-$100 or so per car!

Of course, if you do a good job, you’ll get plenty of repeat customers.

Here’s a great post with plenty of tips for getting started, how to find business, and how much to charge.

Be a tutor

If you have specialized knowledge that others need, you can make money as a tutor. If you were a Math or English major in college, this could be right up your alley!

Also, there are people that could use help with fields as diverse as computer programming and foreign languages. No matter what skills you have, there is someone you can teach those skills to.

First, ask around at your local schools. There are always parents needing a good tutor for their child that struggles in a particular subject.

There are also plenty of online sites you can use for tutoring.

Pay varies depending on the website and subject. Some jobs also require certifications or degrees for some subjects. Here are a couple of tutoring sites you should check out:

You can make great money tutoring!

My wife Angie is a 5th grade teacher and tutors in her spare time for $35-40 per hour.

Do odd jobs posted on Craigslist

Craigslist has a “Jobs and Gigs” section where you can find plenty of ways to make extra money to pay off debt. You’ll find everything from odd jobs around the house, to gigs requiring specific skills such as real estate, nursing, and software engineering.

You can also use Craigslist in conjunction with some of the suggestions above to find work tutoring, detailing cars, and so forth.

Inventive ways to pay off credit card debt are everywhere!

The sky’s the limit when it comes to finding inventive ways to make money to pay off your credit card debt. It doesn’t matter if you’re a white collar professional or an unskilled laborer, there is always a way to make extra money when you need it.

Remember though, the best thing to do when you finally decide to pay off your credit card debt for good is to cut up those cards and go naked with credit. You’ll be glad you did!

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Article last modified on August 23, 2018 Published by Debt.com, LLC .