Whether we like it or not, money is an integral part of life. When life is good, it’s easy to forget the importance of throwaway cash. That’s until things don’t go so well.
We are all likely to find ourselves broke at one point or another in our lives. This is normally not a big deal until we have an urgent expense in our necks. At this point it can be tempting to consider payday loans, but as tempting as they are, they should only be used as a last resort.
So, if you find yourself in a financial emergency, here are 5 alternative ways to potentially get money in your account by the end of the day.
- Sell your stuff
While it may seem pretty obvious, the internet has made it easier than ever to sell our unwanted or unused items. Additionally, consumers have more options than eBay. With platforms like Gumtree and Facebook Marketplace coming to the fore, we are now spoiled for choice.
So if you have a set of disused golf club jackets or a few retro PlayStation games, you might be sitting on a potential gold mine.
All you need to do is take a quick photo of the item, post it on the platform, and wait for a bite to eat. If your buyer is nearby, you could have the item out of your house and have cash on hand by the end of the day.
- Uber
Unless you’ve been living under a rock for a few years, Uber has pretty much cemented itself at the top of the ridesharing game. While this may be bad news for taxi drivers around the world, it is potentially great news for people looking to earn a few extra bucks.
To sign up for Uber, you will obviously need a valid driver’s license. In addition, your car must meet the minimum requirements set by Uber. Once you’re set up, you can get to work right away.
- Online surveys
Information and data are perhaps some of the most valuable commodities these days – and businesses are willing to pay for it. Are you wondering if you can take advantage of this action? You absolutely can.
There are a ton of apps and websites where you can get paid for taking surveys. Now, we will not pretend that you are going to receive $ 100 for a survey. However, these surveys are often quite short and require little or no effort.
There’s nothing stopping you from getting comfortable on the sofa and spending an hour or two filling out as many surveys as possible. While it might not be the most challenging job, it is incredibly easy and the money will slowly but surely start to add up.
- Recycling schemes
As the world becomes more environmentally conscious, more and more recycling programs are being implemented around the world. Check around your area to see if there are any initiatives near you.
For example, some places may offer a bottle buyback program. In short, you bring empty metal, glass or plastic bottles to a depot and receive a small prize for each.
In reality, the price per bottle will not be extravagant. However, you may be able to make a good amount of money with enough time and persistence. Oh, and you’re helping the environment – it’s a win-win, isn’t it?
- Ask your friends and family
Yes, we know it’s hard to ask people for money, but it’s likely that we’ll all need it at some point in our lives. Moreover, we are sure that your friends and family would rather you come to them than take out high cost loans.
While each situation is unique, here are our times to discuss the issue with your loved ones.
- Be honest and up front about why you need the money.
- Be honest about when you think you can pay them back. If you can’t pay it off in a lump sum, just ask if you can pay installments.
- Don’t assume anything. Although they are your friends and family, you cannot be sure whether or not they are going through financial difficulties.
- If they say no, be understanding. If they really care about you, they’ll likely have a legitimate reason that they can’t help you.
Finally, if your family or friends lend you money, making sure you pay them back on time is your top priority. Money has a way to smear even the best relationships, so don’t tempt fate.
In conclusion, if you need to take out a personal loan, be sure to spend some time doing your own research to put yourself in the best position for a good deal.
