When you need money fast, going to a traditional lender for a loan may be the first option you think of. Unfortunately, the relationship with traditional lenders can be confusing and complicated, making it difficult to get a quick loan.
When you need support, you can usually count on your friends and family. Financial support is always more complicated than a simple favor (like a ride to the airport or help moving house), but when you’re in a pinch and need a quick loan, the people closest to you may be able to help you out.
When times get tough, it may be time to take a hard look at your finances and find areas in your budget where you can save. Of course, you can’t always do much to save on essentials like your rent, utility bills, and other living expenses…but you may be able to eliminate some of the less essential items (like streaming services, your morning latte, or a night out) and hold off on big purchases until your financial situation improves.
If you work hard, there are always ways to pick up some extra money through a side hustle. You can drive for a ride service like Uber or Lyft, or sign up for market research like online surveys or in-person focus groups. If you’re handy, you could do handyman jobs in your neighborhood, and if you’re crafty, you may be able to sell things on an online marketplace like Etsy or Amazon Handmade.
We all own things that we don’t use, don’t need, or don’t want anymore. When your finances are tight, you may be able to take a look around and see what items you have that could earn you some quick cash. Maybe it’s clothing, furniture, appliances, or that birthday gift from Aunt Ruth that you never took out of the box. No matter what it is, you can always sell or consign things you aren’t using.