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31 Things To Do When You Have No Money

31 Things To Do When You Have No Money
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When you have no money, what you got in your head maybe just tons of worries and insecurities. Is “what jobs should I apply?” the only question you have in your mind? Take a break and look at the following list with the 30 things you can do when you have no money! (This list of things may surprisingly enthuse you to proceed with your life!)

1. Join a contest like a beauty contest or fitness contest.

Take part in a contest which you can show off the best parts of yourself, be it a singing contest, dancing contest, fitness contest or beauty contest. These are all great choices as you can truly widen your horizon with the special experience, while gaining a bit of fame. Who knows if you may eventually be the champion?

beauty contest

    2. Baby-sit a child

    Looking after children requires your patience and concentration. Yet only a smile from a child can melt your heart and make you feel the time you’ve spent on him/her is rewarding. In fact, babysitting a neighbor’s child can be a part-time job for you to gain money.

    3. Perform in the street

    Do a mini magic show or an acrobatic show, sing a song or play a musical instrument in the street. Yes it takes your courage, but it’s worth a try if you’ve got a group of audience paying their time, or even a bit of money to watch your performance in the hectic streets.

    4. Join a carnival or any free festivals

    Not only can you have fun in such events, you get food and beverages for free. Sometimes you even get souvenirs! Sure they’ll forgive you for being a bit greedy since you’re out of money at the moment.

    cotton candy

      5. Take a video to put on YouTube

      Shoot for whatever theme and topic you like and put the video on YouTube. You’ll see how you create buzz on the internet with just a few-minute-clip. (By the way, if your video’s really widespread, you may get unexpected revenue from advertisements!)

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      6. Sell your old stuff

      You must have stuff which are no longer useful for you, why not sell them to have money in exchange? Just put your stuff on the online bidding sites like ebay or Amazon, or you can hold a garage sale.

      7. Build A Mobile App

      It takes you effort but no money at all to launch a mobile app. If you don’t know any technology but have the ideas, ask your friends for help! Develop an app, then put it on AppStore and Google Play, it’s easy to do. If the app you develop performed well, sure you’d feel proud of yourself and the downloads could earn you money!

      8. Grab your camera and take photos around

      Ordinary items can become interesting bits and pieces in your shots. Make good use of your creativity and imagination to shoot stuffs at different angle to amuse yourself.

      9. Enjoy some audiovisual entertainments

      If you don’t feel like going out sometimes, stay indoors and watch TV or play on your favorite music. The simplest things to ease yourself at home.

      enjoy music

        10. Find a way to express yourself

        Some like writing, some prefer painting, some fancy playing with a musical instrument, or even composing a song. Choose your own way to express your feelings. If you don’t mind, share what you’ve expressed with your friends or just on any online platforms too.

        11. Get yourself a new look

        You don’t need to pay to do this. Do the hair-dyeing and cutting yourself; search in the wardrobe for the old clothes and accessories and match a new delighting look for yourself.

        12. Decorate your room

        Rearrange the things’ settings in your room or even paint your room with left over paint. Then, immerse yourself in a new relaxing atmosphere.

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        13. Take a bath in a bathtub

        Right, I don’t mean a quick shower. Soak yourself in the bathtub and take a hot bath, comfortable and relaxing huh?

        14. Look through your old photo albums

        Take out your photo albums and have a stroll down on memory lane and recall the best of your memories.

        photo albums

          15. Play some sports like jogging

          Doing sports’ a free activity, just play your favorite sports. You shouldn’t let the pressure of lacking money go all over you, maintain a healthy body to move on!

          16. Start to cook

          If you know how to cook, just cook with whatever ingredients you have at home; if you don’t know how, browse for any simple recipes on the internet and start cooking. Besides the fact that cooking can be fun, you’re actually doing something for yourself with the food you’ve made.

          17. Play with your pets

          They don’t talk and may not understand you, but they’re always there and ready to make you happy.

          pet

            18. Start to plant

            While taking good care of plants could be a lesson, watching the seeds grow into flowers or fruits is an amazing experience.

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            19. Go to the public library and borrow a book or two to read on

            Reading requires your concentration and comprehension, so it forces your brain to exercise. Keep your brain active so you’ll have new ideas coming up always. Plus, you never know if you’ll find something fascinating that inspires you!

            20. Do some cleanings if you feel like so

            Clean up your own house and tidy up your clothes. It’s more than just literally cleaning up the places, studies have shown that a clean place relaxes people and facilitates thinking.

            cleaning

              21. Find your friends or people you want to connect with

              List out the people you want to meet; they can be your old friends, neighbors or teachers. Call them or meet up with them. Treasure the times you spend with these people, can’t just lock up your hearts all the time, right?

              22. Spend time with your family

              You should not neglect your family because they’re always standing by you. Hug your parents and spend some time hanging out with them.

              23. Meet new friends

              Join your old school’s reunions or big groups gatherings, where you can meet new friends and revive your interpersonal network. If you’re more of an indoor person, try meeting friends online; it’s fairly common nowadays.

              24. Write a letter to someone

              Pick up the long-forgotten pen and start to write a letter for someone you care about. Oh, what about a love letter to someone you’ve been having a crush on?

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              letter

                25. Get in touch with the nature

                Do you know that just 5 minutes doing something in the woods or even just in a nearby park can boost your mental health? Go hiking or go to the beach, take a deep breath there and feel the natural breeze to enliven your mind.

                26. Go fishing

                It’s definitely a great time-killing activity. You may have to wait for a long time for the fish to get hooked, but you’ve earned yourself some peaceful moments to think.

                27. Wander around your neighborhood

                Walk around your neighborhood and just observe what people do in the streets. It’s not necessary to have a purpose for walking around the city.

                28. Feed some wild animals

                Here I’m talking about legal feeding to the animals. Go to the park and feed the fishes with the tiny pieces of bread. The fishes’ chase and clash for the food could be a fun scene.

                29. Go to a flea market

                You don’t need to have something to buy to go there because there’s always so many things to explore in a flea market. Just walk around the flea market and look at all the interesting stuffs.

                30. Do some community services

                Voluntary work sounds like the least thing people want to do when they have no money, but nah-ah, it trains you and gives you confidence. While you can help people, you find your value in the community.

                31. Go to church or join a religious gathering

                Choose a religion that you’re comfortable with and join its gatherings. Just see how religion may move you.

                Of course I don’t want any of you to have no money, but if unfortunately it happened to you, try on the 31 things listed above and move on with your life!

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                More by this author

                Anna Chui

                Anna is the Chief Editor and Content Strategist of Lifehack. She's also a communication expert who shares tips on motivation and relationships.

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                Last Updated on July 20, 2021

                Financial Freedom is Not a Fantasy: 9 Secrets to Get You There

                Financial Freedom is Not a Fantasy: 9 Secrets to Get You There
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                Have you ever considered your life now, and how it would be if you had more time to spend with your family and less worries about money?

                Nowadays, financial stress is one of the most troublesome weights in life. If you’ve ever encountered financial stress, you know the difficulty of not having enough income to pay your obligations or bills.

                Many people say that money is not the ultimate goal of life. While that’s true, money certainly plays a very significant role. The meaning of financial freedom changes with the different phases of our life, but ultimately, it is something that many people strive for.

                In this article, we’ll explain how to capture that financial freedom you’ve been looking for. Read on to learn the secrets to financial freedom.

                Break Free of Your Finances

                Financial freedom is about having a constant flow of cash from your assets to cover all your regular needs.

                When you are not worried about your income, or living paycheck to paycheck, you gain a great sense of freedom. It’s the freedom to be obtain and do what you truly need to make your way through everyday life.

                Gaining financial freedom, though, is a process of growth, making small improvements and gaining emotional strength.

                Though it seems hard to believe, it is really very simple to get financial freedom.

                To do so, you simply need to make sure that your assets exceed your liabilities. In other words, you’ll need to find the sweet-spot where your residuals meet or surpass your expenses. This is something that you can achieve with the proper plan.

                While not every person will accomplish financial freedom, the potential for anyone to do so is certainly there. Anyone can achieve this success, regardless of their income level.

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                Outlined below are 9 secrets that will help you in your goals of achieving financial freedom.

                1. Stop Unnecessary Spending

                We often spend money inwardly, instead of objectively.

                For example, you may spend when you’re anxious, depressed, restless, exhausted, from fear of missing out, or to please others. This is a very unhealthy way to handle your finances.

                To stop this habitual spending, log down all your spending over the course of a month.

                Just as some people keep a food diary, keep an expense diary. Remember not to just write down how much and what you spent the money on, also include the circumstances of why you spent the money. Was it an impulse buy at the checkout line or was it something you planned to purchase?

                This increased self-awareness could enable you to avoid triggering situations in the future when you are considering an impulse buy.

                2. Plan a Monthly Budget

                This is a great opportunity to get serious.

                Take a seat with your spouse or partner and make a monthly budget based on your income, not your expenses. You are never again going to spend more cash then you have on hand.

                Overspending is the thing that led you to more financial obligations. Make sure you decide every month what is coming in and what will be going out and stick to that budget… no matter what.

                3. Cut-up Credit Cards

                Perhaps you are the type of person who always pays your credit card balance in full before the end of your billing cycle, and enjoys the reward points you gain. If this is the case, then you’re already way ahead of the game.

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                If not, you may want to consider ridding your life of the burden that credit cards bring.

                Many cards have strategies set up so that if you make a certain number of late payments, they will raise your interest rate much higher. This can really add up in the long run and you won’t be doing your financial situation any favors. If you’re prone to late payments or have a large balance due on your cards, cut them up!

                Without proper self control on credit card spending and payments, you are basically throwing your money away. To ensure that you have better control over your spending, use only cash or debit for all future purchases (and don’t forget to pay at least your minimum payment on your cut-up cards each month!).

                4. Increase Savings

                There is no doubt that for a comfortable retirement you must accumulate satisfactory savings throughout your working life.

                It’s good practice to save up to 15% of your income.

                Start with your workplace 401(k), if you have one. If not, a Roth IRA (if you are eligible) or a traditional IRA (if you are not eligible for the Roth) are the next logical steps.

                Increase in longevity means you might be able to look forward to 25 to 30 years in retirement, or possibly even significantly more. Investing now in good retirement plans will ensure that you have a guaranteed a stable monthly income when the time comes to stop working. [1]

                5. Invest Wisely

                Consider investing in funds.

                Specifically, you will gain higher returns if you invest in different types of mutual funds such as Debt funds, Equity funds and Hybrid funds with a proper balance, although it absolutely relies on your personal preferences and sense of risk taking.

                To get the most of these benefits, make sure you are investing in a variety of assets. Another resource of investing in mutual funds is SIP (Systematic Investment Plan) where you invest some money every month in funds. SIP works by averaging the per unit price of the stock.

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                Mutual fund investors are aware of the benefits of an SIP (Systematic Investment Plan). For one, it is the most secure way to invest in equity mutual plans so that wealth is created over a long period of time. This plan also helps you to gain a better sense of financial discipline, which will come in handy in all your financial endeavors.

                6. Invest in Gold

                There isn’t really a better way to invest in gold than to have the physical gold itself in your possession.

                You can purchase gold coins and bars from mints as well as from coin dealers and other private sellers.

                Another way to invest in gold is through ETFs (Exchange Traded Funds).

                These are is similar to mutual funds but they are exclusively investments of gold. ETFs are great because they offer more liquidity; the ETF owns the actual physical gold, stores it, and retains the value of the shares. These shares can then be bought and sold in the stock market, and one big benefit is that the transaction costs of gold ETFs are much lower than the that of physical gold.

                With its consistently-increasing demand, investment in gold can be very wise long-term investment to make.

                7. Stash Emergency Funds

                Whether it’s a cash gift or a work bonus, always try to save any extra money that comes your way rather than making unneeded purchases.

                If you get paid every other week, you’ll get an “extra” paycheck (three rather than the usual two) twice a year. Either save those paychecks towards your emergency funds or utilize the money to pay down other obligations, such as loans, credit cards or other debts.

                Make it hard to get your cash.

                Put your savings in an alternate bank, maybe an online bank that forces you to delay for several business days before transferred money hits your regular bank account.

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                8. Find Fabulous Mentors

                Find a mentor, such as a friend or family member, who has exceptional control over their finances and pay attention to everything they do.

                If you do not have any friends or family that are enjoying financial freedom, then find a mentor online! There are numerous blogs and guru websites featuring the advice of many people who have reached financial freedom, and they exist primarily to let you in on how to achieve it for yourself.

                There are also plentiful forums available that share tips and tricks on how to best achieve financial freedom. Read as much as you can and start changing your habits for the better.

                9. Be Extra Patient

                Patience is the key of financial success.

                Being patient can be quite tough, especially when you’re struggling with your finances, but having faith is worth it. You’ll continuously be on the right track if you are taking the proper steps above.

                So don’t be discouraged, even if you are only saving a few dollars a month; it all adds up. Within just a few years you’ll look back proudly at your accomplishments and be glad that you had the patience to get there.

                Financial Freedom for All

                Anyone can achieve financial freedom, regardless of their financial circumstance.

                Use the tips provided above to get yourself on the track to financial freedom and toss your monetary concerns out the window. If you wish to achieve a life with financial freedom for yourself and your family then you must adopt a disciplined approach towards your finances.

                Following the simple secrets above is a great start to making your money work for you, so you can work less and live more!

                Featured photo credit: rawpixel via unsplash.com

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                Reference

                [1] Hartford Gold Group: IRA Retirement Accounts

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