Things aren’t easy for a lot of people at the minute. One of the main reasons that things are so hard is the rising cost of energy bills, not to mention increases in global food prices and rising inflation. Making it from one paycheque to the next has become more difficult than ever before.
If you have found yourself short on cash this month, then this post’s got you covered. You will find a few tips here that will make getting through to your next payday a lot easier.
Cash Advance Apps
Cash advance apps are by far this list’s fastest and most effective way of getting a cash injection. The only downside to cash advance apps is that you have to pay them back since they are just ordinary loans. Because of this, you should only ever borrow from one of these platforms if you’re confident that you will be able to repay the company at the end of the loan period. Usually, the faster you repay the loan, the lower the interest rates are, meaning you pay less on top of the amount that you’ve borrowed. There are many companies that offer these services, like Money Lion’s instacash advance service. Before borrowing from a company make sure that you research them and read their reviews. A company’s reviews will give you a good idea of what it will be like for you to borrow money from them.
Borrowing from Family
An alternative to borrowing from a professional lender is to borrow money from your friends and family. Whenever you are considering borrowing from your friends and family you need to make sure that you are confident in your ability to repay them. If you don’t pay them on time or if you aren’t able to repay them, you could damage your relationship with them. It’s also worth noting that your family might lend you money even if they can’t actually afford it just because you have asked, so make sure that you don’t ask for too much.
Online Selling
An alternative to borrowing money is to begin selling your belongings online. You can use an e-commerce platform like eBay to list items you no longer want for sale. If you are going to do this, then it’s definitely a good idea to give the items you are going to be selling a deep clean. The better the condition of the items that you are selling, the more money that you can ask for them. You should be aware that when you sell your things on an e-commerce platform, the platform will take fees from every sale that you make.
Digital Freelancing
An extremely quick and effective way to make a little bit of extra money without having to sell anything or borrow money is to freelance online. If you have talents like writing or photo editing, then you can sell these services online. There are various different platforms that you can use to sell your talents. You should be aware that if you are going to be freelancing online that in order to make real money, you will need a portfolio. Ideally, your portfolio should be a standalone website featuring all of your talents, previously completed jobs, and any recommendations from past clients.
Working Overtime
You may be able to work overtime to earn a little extra cash. The difficulty with working overtime however is that you aren’t going to get paid until your actual pay date. If you just need extra cash and you don’t need it immediately, then this is a good solution. Otherwise, it’s not really worth doing. You may be able to negotiate with your boss for a pay advance, too. If you can negotiate a pay advance, then you will be able to get a little bit of money early. Your boss may even give you your entire paycheck early.
Day Laboring
If you have any friends involved in construction, then they might be able to get you a temporary job day laboring. Day laboring is when you help out and perform labor on a construction site. Day laborers are usually paid cash in hand. You may have to wait until the end of the week before you can get paid, though. Laborers are usually paid on a Friday. You may be able to negotiate with the site manager and ask them to pay you early, however. Day laboring can be very lucrative.
If you are in need of cash, then there are a few things that you can do to get your hands on it before your next paycheck. Out of everything featured here, borrowing money from a professional lender is definitely the fastest solution, since you can receive payment in as little as an hour.
