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20 Ways to Help You Out When You Desperately Need Money

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

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Denise Hill

Denise shares about psychology and communication tips on Lifehack.

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Last Updated on August 4, 2020

How to Make Time Go Faster When You’re Having a Bad Time

How to Make Time Go Faster When You’re Having a Bad Time

Standing at the front of the room, your heart is pounding as people stroll in, and you’ve been up since 5 am rehearsing. You’ve spent weeks preparing for this moment. Your slides are perfect, and you’ve memorized your talk.

As the clock shows 9:30, you begin with a customary “good morning” and then zilch. Nothing. Your mind goes blank. Suddenly, time seems to stop. Everything goes into slow motion, and you can feel your face begin to burn.

For anyone who has done presentations in front of a live audience, freezing at the wrong time is a nightmare waiting to happen, and when it does, if feels like time has frozen. The feeling of helplessness drags on, and you just wish the clock would fast forward so you can escape from the nightmare.

Of course, the reality is that time does not speed up or slow down. Time is constant; only our perception of passing time changes[1]. This is a good thing, too. What is happening is that your fight or flight response is kicking in, and you have become hyper-aware of your situation. Your brain is recognizing you are in danger and responding in the best way it knows how.

This perceived slowing down of time is an illusion[2]. It is your brain creating and processing more memories of your current environment and searching out the threat it has detected. It’s searching for the predator that has decided you look like an exquisite meal, and it is doing this incredibly fast — much faster than it typically would. It is how we protect ourselves, and, in most cases, it is a beneficial response.

However, in many cases, it can be torturous to be in this situation, feeling helpless and frozen and being hyper-aware of our unfortunate situation. So what can you do to speed up the perception of time?

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1. Have a Backup Plan

If you cast your mind back to the situation at the start of this article, your brain has frozen and your carefully crafted words are lost somewhere inside your head: What do you do? Most people panic, and, despite their careful preparation and rehearsal, one part they did not rehearse is when or if something goes wrong.

Freezing on stage can happen to even the most seasoned presenter, and having a script or a set of queue cards on hand can quickly refresh/reboot your brain to get you back on track and avoid the torturous feeling of being in a slow-motion crash.

Steve Jobs was a very experienced presenter. One of the best. Yet even though his preparation was meticulous — often taking as much as six months to put together a keynote presentation — things still went wrong. In this famous clip of a keynote Steve Jobs gave back in 2010, the WIFI network was very slow. When you watch the clip, it feels like it goes on forever, yet it only lasts around two and a half minutes. For a presentation that lasted about two hours, two and a half minutes is around two per cent. Not at all long, yet for Steve Jobs and the audience, the whole incident felt a lot longer.

Fortunately, as a seasoned presenter, Steve Jobs broke the tension and the feeling that time was slowing down by using humor and eventually moving on to the next part of the keynote. He had a backup, and his backup was to quickly, and without fuss, move on to the next segment.

Always have a backup plan and an exit strategy. Be prepared for the worst and be ready to switch to your backup plan if things do go wrong.

2. Focus on What You Have Control Over

You have control over three things: your thoughts, your emotions, and your actions. Nothing else. You cannot control events, how other people judge you, or whether another person will get upset by what you say or do.

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Most bad days are a result of the way we react to something we have no control over. A client takes their business to your rival. You had no control over that. That was a decision your client made based on a set of circumstances and the way they felt about those circumstances. The only control you have in this situation is how you feel about losing a client. You could be angry; you might look around for someone to blame or for an excuse. But in the end, none of that will change the fact you no longer serve that client.

In these situations, always begin by reminding yourself about what you have control over. Are there any positive action steps you can take that will solve the problem? Are you allowing your emotions to influence your mood? Are you thinking negatively or positively about this situation?

In all these scenarios, you can instantly decide to change your thoughts, your feelings, and the action you take. You have to make that decision.

If you do lose an important client, and there is no solution, you can use the experience to learn. Use it as an opportunity to analyze what went wrong and implement changes to the way you do things that minimize the chances of a similar situation happening with your other clients in the future.

Dwelling on the loss will prolong your suffering, slowing down perceived time and making you feel dreadful. Using the situation to learn from your mistakes will help you to get back on track and keep time moving forward at a pace you are satisfied with.

3. Take Full Responsibility for the Situation

Accepting full responsibility for your life allows you to overcome adversity and difficulties. While a massive viral pandemic may not be your fault, what you do in the circumstances is your responsibility.

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Being in lockdown, where you must remain in your home, is something beyond your control (see number 2), but what you do with your time, how you manage your work, and how you maintain your health is your responsibility.

Governments may order you to stay at home, but what you do with your time while you are at home is something you are responsible for.

In these situations, you have a choice. Use the extra time you have positively, or pass responsibility for your life to the daily negative news cycles.

When you take responsibility for your life, you take back control[3].

Complaining about the situation only ensures you stay stuck in the same miserable place. Accepting responsibility for your life gives you so many more options.

You could take that online course you have been thinking about doing, or paint that picture you have wanted to do for years. You could clean out your old clothes, do the spring cleaning, or clear out your garage. There are hundreds of things you could do that, before this global pandemic, you always complained you had no time for. Now you do have time.

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Busying yourself with these tasks turns any bad situation into an opportunity, and time will no longer seem such a drudge; instead, it will feel like a godsend.

Key Takeaways

There are many inevitabilities in life. One of those inevitabilities is that you will have bad times. Dwelling on your lousy situation, complaining, and reliving the experience over and over will only cause time to slow down perceptually.

Accepting the inevitable, approaching it with a “cest la vie” mindset. and looking for the positives will soon pull you away from the difficult times and back to more fertile areas where you can thrive and grow, and time will begin to feel much faster.

More to Make Hard Times Go By Easier

Featured photo credit: Johnny Cohen via unsplash.com

Reference

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