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Earning extra cash during a recession

With the economy in the doldrums and the holiday season fast approaching, many people are looking for ways to make a little extra money on the side. Cutting back spending and looking into extra work are the best ideas, this isn’t always enough for some people. Some of these people are exploring the wealth of get-rich-quick schemes to be found online while others are looking into more unusual opportunities. These are some opportunities that come a bit out of left field, but people have had success with them and they could be worth the time.

Donating your reproductive cells

The idea of being a sperm donor has been the subject of endless crude jokes for years, but believe it or not there is real money to be made by selling your sperm or eggs. Women’s reproductive cells, or eggs, fetch much more money than men’s reproductive cells, sperm, because they are harder to obtain. A woman can expect to get $ 3,000 to $ 8,000 for her eggs while a man can get anywhere from $ 1 to $ 200 per donation for sperm. To be a successful donor, you will generally have to be physically fit, disease free and well educated. Further, you will have to undergo a series of medical examinations and psychological tests before any reproductive center will pay for your cells. Women can also become surrogates, or carry fertilized eggs of another woman until birth, usually done for women that are unable to carry a fetus. Surrogates usually get about $ 25,000 for carrying the child to term.

Becoming a clinical trial subject

Like sperm donors, many jokes – and even several television comedies – have been based on the idea of volunteering to be the test subjects for medical experiments. That said, this is a legitimate way to make money that can leave you free to do other work at the same time. Clinical trials typically run from ten to ninety days, and can pay between $ 50 to $ 5,000 per person, depending on the clinic, risk factors, and the drug being tested. Although you will be asked to provide a comprehensive medical background before taking part in a clinical trial, you do not have to be in perfect health or shape to participate. Some trials look for people with specific pre-existing conditions, so having asthma or high blood pressure might actually pay off with a clinical trial.

Selling your hair

Believe it or not, your hair may be worth more than you know. There’s an entire industry that uses people’s hair to make hair extensions and wigs, and if your hair is healthy and long enough, it might be quite valuable. A good parcel of hair might net the seller in the neighborhood of $ 300 to $ 900, and if you have hair that is considered desirable, ie long and pretty, you might get even more. Generally the key factor is length, the longer the hair the more it is worth. Hair with vivid color, or healthy and untreated tends to be more valuable. You can find businesses online that will buy your hair, and the process is simple and direct.

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