Money Matters

5 Options for When You Need Money Fast

In A Cinch And Need Cash Quick? Try One Of These Money Bearing Methods

Let’s face it: being alive requires money, sometimes lots of money. Ultimately, it’s important to use solid financial planning skills so that you always have the money you need when you need it. Unfortunately, there are times when you run across an emergency situation where you need money, and you need it now. In these situations, you have a few options to obtain the cash you need before the looming deadline passes.

Sell Stuff

If you have a lot of unused items sitting around your house, now is the time to liquidate those items to obtain the cash you need. Since you’re in a hurry, you may not be able to get as much money for the item you’re selling. But, some money is better than none. For a quick sale, try to list on neighborhood yard sale sites on social media. Then offer delivery services to help sweeten the deal for any potential buyer.

Take Out a Money Loan

Loans come in all shapes and sizes and can be a great way to get all the cash you need. It’s important to consider all your options before applying for a loan since applying can potentially affect your credit score. Many sites like BlueTrustLoans.com offer a listing of different loan options available to borrowers, This allows you to choose the best one for your current financial situation. Of course, it’s important to ensure you can pay back the loan according to the terms of the loan before signing your name on the dotted line.

Find a Side Hustle

Side hustles are an increasingly popular way to make some extra income on the side or even replace your full-time income. There are plenty of options available to match your needs and interests, including food delivery, ride sharing and odd jobs around your neighborhood. Just remember, especially early on, the money you earn from a side hustle may not be as much as you’d earn at a traditional job. So, make sure you’re making the best use of your time.

Open a New Bank Account

Though it might not be the most intuitive way to earn extra money, opening a bank account can sometimes net you hundreds of dollars, simply for doing business with the bank. Since there are so many banks competing for the same business, they often offer rewards to those willing to commit to something long-term, such as a new checking account. Just be sure that you can fund the account and abide by all the stipulations that are required in order to receive the reward.

Don’t Be Afraid to Ask

In especially lean times, you may be left with the option of asking a friend or family member for a small loan. While this can be a difficult thing to do, it’s important to approach the conversation with as much humility and grace as possible. Be sure to have a clear and thorough explanation of your current financial position and the reasons you need a little extra cash