Six Actions You Can Take If You Are Short on Money

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Do you find yourself living from paycheck to paycheck? Or maybe you just need a little extra to pay for emergency expenses. If you are looking for ideas that can help you make ends meet, check out the tips listed below:

Monetize your love for pets

If you are a huge fan of common household pets such as dogs, cats, birds, hamsters, and rabbits, then pet sitting may be a perfect side hustle for you. You could choose to work at a pet boarding facility or be self-employed. Another option you can consider is dog walking. 

Get a loan

If you need a few hundred bucks to tide you over before the next payday comes, you might want to look into payday loans. This is useful if you need the money on short notice because you will usually receive your loan funds within 24 hours after it has been approved. 

Payday loans are offered in multiple locations around the U.S. For interested residents of Salt Lake City, check out the banks and money centers around your area to see if they are providing this kind of service.

Use your driving skills

If you know how to drive, own a car or a motorcycle, and have a driver’s license, consider being a ride-share or delivery driver in your spare time. Take advantage of the current popularity of food delivery services, ride-sharing apps, and online shopping sites. Doing this grants you the freedom of a flexible schedule. Also, it is convenient to send an application. You can easily do it using your smartphone or PC.

Sell some of your stuff

Take a look at your wardrobe and shoe rack. If you see items that no longer fit you or those that have not been used for a while, then it may be time to put them up for sale. You can also sell books that you no longer read or those that you did not enjoy reading. 

If you own collector’s items such as fountain pens, signed movie posters, action figures, wooden furniture, or wood carvings, you may also consider selling some of these. You may be emotionally attached to these items, so sell some only if you need a bigger amount of money. 

The traditional way of selling pre-loved items is by setting up a garage sale, but you can also sell them with the use of online selling platforms or social networking sites. Not only will you earn extra cash, but you will also free extra storage space.

Consider renting out your place

If you have a room or extra storage space that is currently not in use, you might want to rent it out for the time being. Another option is to have your place rented while you are out of town. There are online platforms you can use for this.

Help other people accomplish their chores

If you have a knack for organization and keeping homes tidy, consider offering household help services. You might even earn a little extra if you are knowledgeable in basic home repairs. Let other people know that you are offering your services by signing up on online marketplaces that have been specifically made for this. You can also take the traditional route by asking around people you know if they currently require such services.

If you have got excellent organization and time management skills but are not a fan of doing household chores, you might want to try virtual assistance instead. What’s good about this is that it can be done remotely, so you can work from the comfort of your home, a cafe, or anywhere with a stable Internet connection. 

Aside from the mentioned skills, you are also going to need good communication skills and working knowledge of commonly used business software applications. It will also be a huge plus if you are bilingual or multilingual because there are chances that your client might do business with locals and foreigners alike. 

Now that you have gotten some ideas on what to do when you lack money, it is time to assess your skills. Take note of your strengths and find a way to make money from them. 

 

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