Sooner or later, we all face a financial crisis of some sort. For most of us, it will be nothing more serious than a car in need of repair or a broken-down cooker, but even so, it can stretch out our budgets and leave us unable to pay the bills on time. When this happens, it pays to have an idea of how you can raise a quick buck and get yourself out of your situation. With that in mind, here are some smart ways to raise cash in a hurry:
Sell Your Stuff
No, I don’t mean the tablet you use every day or your much-loved rev cord collection. I’m talking about that stuff we all have that we rarely use, but which is in pretty good condition – the stuff that’s taking up all the garage space.
You’d be surprised how much money you can raise from selling old pieces of furniture, bikes, toys and DVDs, and all you have to do is stick a garage sale sign in your garden, or log on to Craigslist to get started.
Rent Your Stuff
If you can’t bear to part with your clutter, but you really do need to raise money so that you can fix up your washing machine or help pay for the dog’s operation, why not rent your stuff? It sounds mad, but there are people out there who are willing to pay you for the use of everything from your driveway and garage to your common household appliances. Obviously, you’ll make more renting your drive than you will your food mixer, but if you’re not using it, why not let it work for you by raising you those extra few bucks you need to make it through ‘til next month?
Sell Your Skills
If you have any skills at all that could be useful to someone else, whether it be that you’re a good drawer, a great dog walker, or you can get a car spotlessly clean, you have the opportunity to make a fast buck. Just print up some leaflets or post on your community’s Facebook and Craigslist pages, offering your services, and the money will roll right in.
Apply for a Loan
If you’re in a real bind, and you need money in a hurry, comparing different unsecured personal loan options wouldn’t hurt. Getting a low-interest loan will not hurt you too much, and it’ll ensure you can fix the problem and pay your bills on time. It is, important, however, that you only do this if you know you can afford the repayments.
Become an Affiliate Marketer
If you have even a little technical know-how, you can set up a functional website in just a few hours. Spend a few more hours filling it with interesting content and add some affiliate links, and before you know it, you could be making a regular passive income. Of course, this will probably take a little longer than the other stuff on this list, but once it’s up and running, with minimal effort from you, you could make money indefinitely, money which can be saved for any future emergencies you face!
What do you do when you need to raise a quick buck in an emergency?