If you suddenly find yourself facing an unexpected expense, it can be easy to start panicking. Most of us are on a pretty fixed income, and when something crops up that we haven’t budgeted for, it can cause a problem. If you need some money quickly, your three main options are to earn it, sell your stuff or take out a loan.
Quick ways to earn money
There are plenty of ways to earn some extra money if you need it. A few of the ways that were suggested in a recent article from entrepreneur.com were:
- Driving for Uber or Lyft. If you have a reasonably new car and a clean driving record then you can work as a driver. The great thing about driving for Uber and Lyft is that you can choose to work whenever you have free time, whether that’s in the middle of the night or in the middle of the day.
- Participating in market research. Companies are always looking for consumer opinions on their new goods and services, so there is generally a lot of market research work out there. You will be paid a reasonable amount of money too, to compensate for the fact that it isn’t regular work.
- Chores. If you enjoy DIY or household chores, then take a look at TaskRabbit. It will match you up with people in your area who are looking for people to do work for them, and they aren’t always small jobs either!
- Freelancing. If you have a particular skill, then freelancing can be a great way to bring in some extra cash that can easily translate into a full-time business over time. Signing up to sites like Fiverr and Upwork will connect you with people who are looking for freelance workers.
Loan options
Loans can be a useful tool to get some cash to cover an immediate need, but it’s important that you ensure that you can make the repayments and won’t end up getting yourself into more debt as a result. The most common way to get a loan is to contact your bank or a credit card provider. However, there are other ways that you can borrow money such as mortgage loans and car title loans, which are secured debts meaning that your possessions are at risk. Visit website for more details on car title loans.
Selling your stuff
Most of us have way more stuff than we actually need! If you’d like to enjoy a clutter-free home, while making some extra cash at the same time, then it’s well worth going through your stuff and selling off good quality things that you don’t use anymore. Facebook marketplace is probably the easiest place to sell things because people will come to your door and collect it.
If you have items that are slightly more costly and you want to be assured of getting a good price, then listing them on eBay is a good choice, which will take slightly more effort but probably earn you more overall.
Finally, Ziffit is a great app for selling things like books, CDs and DVDs in bulk – you just scan in the bar codes and Ziffit will give you a price. Lovely and simple.