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20 Ways to Help You Out When You Desperately Need Money

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20 Ways to Help You Out When You Desperately Need Money

We’ve all been there. You’re between pay checks, running low on cash and then disaster strikes and you need money–now. Or you get paid on Friday and find yourself broke on Monday. You have too much integrity or are too scared to rob a bank…but the thought has crossed your mind.

Don’t fret! I am here to help.

20 safe and legitimate ways to get money fast

Below is a list 20 perfectly legal and legitimate ways to get your hands on some cash in a pinch. Some of the ways are more suitable for some than others but the list will provide you with options and more importantly get you to generate your own creative ideas on how to increase your cash flow.

Keep in mind that these are short term solutions. The real solution to your money problems is proper money management and planning (a.k.a. budgeting). Learning to live below your means, delaying gratification, eliminating debt and reducing your dependency on credit are the keys to financial freedom.

If you need money today…

1. Pawn or sell something

If you’re REALLY in a pinch, you may need to pawn or sell that prized possession you’ve got stashed away. Your desperate situation may call for you to have to part with that old comic book collection, your grandmother’s antique pearls or china or that coin collection you’ve had since childhood. I do advise that you think long and hard before making this decision. Once it’s gone–it will be incredibly difficult to get it back and your desperation will ensure that you probably won’t get what the item is actually worth.

Another option is to dig through your closets, and basement for stuff that may still have some value such as an old DVD or video game collection, your 10-year-old’s baby clothes, a toddler bicycle, that espresso machine ( or juicer) that you only used once.

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There are tons of apps[1] that let you snap a picture of your stuff and post it online immediately.

2. Sell an old cell phone

Almost everyone has an old smartphone lying around that still works. You decided to upgrade from that perfectly functional phone because it was the chic thing to do. Now the old phone is just laying around collecting dust. Sell it! If you need money today check out the website ecoATM. This site allows you to safely sell and recycle your old phone. They also pay cash for old tablets, iPods and MP3 players.

3. Sell your clothes at a local consignment shop

If you have quality designer clothes or furniture you no longer want or need go ahead and sell it outright to a consignment or thrift shop. A lot of consignment shops will buy your items outright eliminating the consignment fee and the wait for your items to sell. You won’t get top dollar this way but you will walk away with some cash in hand.

4. Borrow from a friend or family member

This is the one method most of us want to avoid. However, you can receive the money the same day using apps such as PayPal. Keep in mind that borrowing from a loved one takes humility and sincerity. Do not, I repeat, DO NOT borrow from friends or family if you have no intentions of repaying the loan or if you know you cannot meet the terms of repayment[2]. This is the quickest way to ruin a relationship. Proceed with caution.

5. Sell your plasma

You can get paid for your plasma. Most donation centers will pay you anywhere from $25-$50 for it. The best part about selling plasma is that most places will allow you to sell it up two times per week.

**Quick note: There is a difference between selling your plasma and donating blood. You do not get paid for blood donations so make sure you distinguish between the two and are clear with your request.

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6. Get A Cash Advance

This is a bad idea! I do not recommend this unless there is a life and death situation and you have a plan for quick repayment. Some credit cards offer the opportunity to take out cash against your credit limit. Please understand that the terms of repayment are going to be MUCH different than the terms for regular credit card purchases. Between the fees for accessing the money and the jacked up interest rate, it is not unusual for you to end up spending $1,000 for an $800 cash advance. It’s simply not worth it.

If you need money in 7 to 10 days…

7. Sell your clothes online

Selling your clothes is one of the easiest and quickest ways to make money fast. The clothing resell industry has become very trendy and is reportedly a $16 billion dollar industry[3]. There are hundreds of online apps, websites and avenues to get your clothes sold. Some apps and websites even pay the shipping costs for you.

8. Sell your junk online

Websites such as Craig’s List, Amazon, Ebay, and the list goes on, are great and cheap ways for you to sell your junk. You can resell ANYTHING these days. If you bought it, chances are there is someone out there who will pay you for it. These sites take time as you have to ship items, items have to be verified and then you are paid. Payment on these websites usually take seven to ten business days.

9. Sell your unused gift cards

Sites such as Cardpool, Raise and Cardcash will al low you to resell your unused gift cards for slightly less than face value. You can get you money in as little as two days and even quicker for e gift cards. It’s a quick, easy and painless process.

10. Become an Uber/Lyft Driver

If you have some extra time on your hands–just a few hours a week would do it–and live in or near a populous area, driving for Uber/Lyft is a very lucrative way to make money fast. It is also a great long-term side hustle. Uber drivers can make as much as some full-time jobs if they work in the right area. You could earn $100 mark in as little as five hours per week.

11. Sell your sports/concert tickets

Got season tickets or concert tickets? Sell them. In some cases you may not get face value for the tickets but you can recoup a good portion of your money. For really popular events–such as play off games or marquee performances–you can make well above the ticket face value. If you’re that desperate for money, missing a concert or the big game isn’t that big a deal.

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12. Do odd jobs

Babysitting, pet sitting, house sitting, cutting grass, house cleaning, walking dogs and other odd jobs around the neighborhood are great ways to get some quick cash in your pocket.

13. Inbox Dollars and Swagbucks

Inbox Dollars and Swagbucks are websites that pays you cash (very small amounts of cash) to perform various tasks such as watching videos, commenting on ads, taking surveys, shopping and the list goes on and on. You will not get rich using these website, but you can earn a couple extra bucks by spending a few minutes (or hours) online. The websites requires you to bank $30 before you are paid.

If you need money in 30 days…

14. Negotiate with your creditors

If you need money to pay bills or debts, call your creditors and try to negotiate. Explain your situation and request an extension or make arrangements to pay a portion of what you owe. Most creditors will work with you. Their primary goal is to get their money. They are willing to wait a few days or take a portion of the payment in lieu of you not paying them at all.

15. Get a part time job

Look, I get it. You are already overworked, under paid and stretched thin as it is. But a part-time job isn’t forever. It’s only temporary. If you can work long enough to avert the crisis and then establish an emergency fund, you won’t find yourself in this predicament again. You may have to deliver pizzas in the evenings or work retail on weekends but anything worth having requires work. We live in the age of the side-hustle and in the era of multiple streams of income. This is one bandwagon worth joining. The more you do now, the less you have to do later.

16. Become a Secret Shopper

Secret shopping is the perfect side hustle for those who love to shop, stay-at-home moms and anyone who loves good customer service. Mystery or secret shoppers are independent contractors posing as “shoppers”. You are paid to visit your local stores and shops as a regular customer and report back on various aspects of your experience. A word of caution! This industry is full of scams. Be sure to check out the company reviews online or stick with companies that are tried and true[4].

17. Garage/Yard Sale

There is nothing like a good ‘ole fashion yard sale to generate additional pocket money. I’m talking about the kind where you search every nook and cranny of your house and completely de-clutter and purge all of the items that are not absolutely necessary for you to live.

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When planning the sale, make sure you advertise in your local area and also blast it on social media. A great thing about these sales is that anything that does not sell at the physical location of the event can be sold online. A great place to sell leftover items is on the Facebook Yard sale page.

18. Conventional Loan

This is an option–just not a good one. By taking out a loan, you are compounding your money problems in lieu of fixing them. However, if you feel you must take out a loan, experts suggest visiting your local credit union. Many local credit unions are getting into the short-term loan game and offer rates far superior to pay-day and other short-term loans. You do have to be a member of your credit union in good standing. Credit unions offering short-term loans work with those with poor credit and offer better rates, terms and conditions than other short-term lenders.

19. Become a Virtual Assistant or Bookkeeper

Virtual assistants provide a wide range of services to individuals, organizations or companies, but they do it virtually in lieu going into an office. It’s an excellent work from home opportunity and one of the most cost-effective ways of making money online. Rates for providing virtual services online could range from $10 an hour for simple data entry tasks to hundreds of dollars an hour if you have a highly specialized skill or expertise. You can work for a company online such as Upwork, Elance or Problogger or you can work as an independent contractor.

20. Rent out a room or become an Airbnb host

Got extra space? Rent it out. Getting a roommate is a great way to cut cost and save money fast. As with anything, make sure you do your research and due diligence when it comes choosing a roommate. If you live in or near a high tourist area, working with a service such as Airbnb is a great way to get a steady stream of qualified guests. They vet your potential guests for you and provide you with referrals.

Everyone needs some cash from time to time. The ways listed above are fairly quick and easily accessible ways to get a hold of some extra cash. The best way to avoid these money crisis is by living modestly and well below your means, saving for emergencies and following a budget.

Reference

More by this author

Denise Hill

Denise shares about psychology and communication tips on Lifehack.

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Last Updated on October 21, 2021

How to Create Your Own Ritual to Conquer Time Wasters and Laziness

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How to Create Your Own Ritual to Conquer Time Wasters and Laziness

Life is wasted in the in-between times. The time between when your alarm first rings and when you finally decide to get out of bed. The time between when you sit at your desk and when productive work begins. The time between making a decision and doing something about it.

Slowly, your day is whittled away from all the unused in-between moments. Eventually, time wasters, laziness, and procrastination get the better of you.

The solution to reclaim these lost middle moments is by creating rituals. Every culture on earth uses rituals to transfer information and encode behaviors that are deemed important. Personal rituals can help you build a better pattern for handling everything from how you wake up to how you work.

Unfortunately, when most people see rituals, they see pointless superstitions. Indeed, many rituals are based on a primitive understanding of the world. But by building personal rituals, you get to encode the behaviors you feel are important and cut out the wasted middle moments.

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Program Your Own Algorithms

Another way of viewing rituals is by seeing them as computer algorithms. An algorithm is a set of instructions that is repeated to get a result.

Some algorithms are highly efficient, sorting or searching millions of pieces of data in a few seconds. Other algorithms are bulky and awkward, taking hours to do the same task.

By forming rituals, you are building algorithms for your behavior. Take the delayed and painful pattern of waking up, debating whether to sleep in for another two minutes, hitting the snooze button, repeat until almost late for work. This could be reprogrammed to get out of bed immediately, without debating your decision.

How to Form a Ritual

I’ve set up personal rituals for myself for handling e-mail, waking up each morning, writing articles, and reading books. Far from making me inflexible, these rituals give me a useful default pattern that works best 99% of the time. Whenever my current ritual won’t work, I’m always free to stop using it.

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Forming a ritual isn’t too difficult, and the same principles for changing habits apply:

  1. Write out your sequence of behavior. I suggest starting with a simple ritual of only 3-4 steps maximum. Wait until you’ve established a ritual before you try to add new steps.
  2. Commit to following your ritual for thirty days. This step will take the idea and condition it into your nervous system as a habit.
  3. Define a clear trigger. When does your ritual start? A ritual to wake up is easy—the sound of your alarm clock will work. As for what triggers you to go to the gym, read a book or answer e-mail—you’ll have to decide.
  4. Tweak the Pattern. Your algorithm probably won’t be perfectly efficient the first time. Making a few tweaks after the first 30-day trial can make your ritual more useful.

Ways to Use a Ritual

Based on the above ideas, here are some ways you could implement your own rituals:

1. Waking Up

Set up a morning ritual for when you wake up and the next few things you do immediately afterward. To combat the grogginess after immediately waking up, my solution is to do a few pushups right after getting out of bed. After that, I sneak in ninety minutes of reading before getting ready for morning classes.

2. Web Usage

How often do you answer e-mail, look at Google Reader, or check Facebook each day? I found by taking all my daily internet needs and compressing them into one, highly-efficient ritual, I was able to cut off 75% of my web time without losing any communication.

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3. Reading

How much time do you get to read books? If your library isn’t as large as you’d like, you might want to consider the rituals you use for reading. Programming a few steps to trigger yourself to read instead of watching television or during a break in your day can chew through dozens of books each year.

4. Friendliness

Rituals can also help with communication. Set up a ritual of starting a conversation when you have opportunities to meet people.

5. Working

One of the hardest barriers when overcoming procrastination is building up a concentrated flow. Building those steps into a ritual can allow you to quickly start working or continue working after an interruption.

6. Going to the gym

If exercising is a struggle, encoding a ritual can remove a lot of the difficulty. Set up a quick ritual for going to exercise right after work or when you wake up.

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7. Exercise

Even within your workouts, you can have rituals. Spacing the time between runs or reps with a certain number of breaths can remove the guesswork. Forming a ritual of doing certain exercises in a particular order can save time.

8. Sleeping

Form a calming ritual in the last 30-60 minutes of your day before you go to bed. This will help slow yourself down and make falling asleep much easier. Especially if you plan to get up full of energy in the morning, it will help if you remove insomnia.

8. Weekly Reviews

The weekly review is a big part of the GTD system. By making a simple ritual checklist for my weekly review, I can get the most out of this exercise in less time. Originally, I did holistic reviews where I wrote my thoughts on the week and progress as a whole. Now, I narrow my focus toward specific plans, ideas, and measurements.

Final Thoughts

We all want to be productive. But time wasters, procrastination, and laziness sometimes get the better of us. If you’re facing such difficulties, don’t be afraid to make use of these rituals to help you conquer them.

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More Tips to Conquer Time Wasters and Procrastination

 

Featured photo credit: RODOLFO BARRETO via unsplash.com

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