Financial emergencies are something that we all have to deal with at some point in time. Whether it’s an unexpected medical bill, or broken appliances that need to be replaced fast, coming up with the cash when it’s most needed can feel like you’re fighting a losing battle.
Whether you’re scraping together the pennies, or you’re just short of an upfront payment, we’ve pulled together a list of fast ways that you can make money when in a financial emergency – and yes, they really work.
Chances are you have quite a lot of stuff lying about the house or in storage somewhere that you’ve completely forgotten you ever owned.
Whether it’s appliances that are in perfect condition but have gone untouched, or clothing that you’ve warn once that’s never seen the light of day since, it could be time to let it all go and sell it for some extra cash. If selling your much-loved antiques or jewellery isn’t your style, you could opt for pawning them instead, just make sure that you can afford to pay back your fee on your next payday!
Sell Your Plasma
It’s likely that you’ve heard of donating blood, and while it isn’t likely you’ll be able to sell your blood anytime soon, what you can do is sell your plasma.
The process is a longer and a little more uncomfortable, but for a tidy profit, it’s a great way to help do your part for medicine and for science. The process involves the center taking your blood, spinning it to remove the plasma, and injecting the remainder of your blood back into your body.
This option isn’t for everyone, but if you aren’t particularly squeamish, it could be a great way to earn a little extra cash.
Save The Money You Have
Okay, so this may seem like a bit of a ‘cop-out’ in terms of making money, but the best way to get money for a financial emergency is to actually save the money you do have.
While payday loan lenders are available in the case of a financial emergency, saving the pennies in the meantime can help you build up a cash flow that you won’t need to return. By saving on shopping by opting for supermarket-own brand staple food or cutting down on unnecessary expenses while things are tough, you could find that you have extra cash to spare.
Sign Up For Fiverr
If you have any kind of skill or hobby that people will be willing to pay for, signing up to sites such as Fiverr could be a great way to pull in a little extra cash on the side.
These sites give you the opportunity to sign up, advertise your skill or hobby, and provide the service to those willing to pay for it. Of course, prices start at a ‘fiver’, but there are options to expand on a basic service for higher costs in most cases.
Start A Shop
Just like fiverr, starting your own online retail business is another way to make a little extra cash. If you have a craft you do daily anyway, or have something you could start doing on a daily basis that you can sell, why not start listing your makes onto a site like Etsy or even onto eBay? You can pull in extra money, and have fun while doing it – it’s a win-win!
Making money in a financial emergency isn’t always going to be immediate, but hopefully our tips for fast money making have given you a good place to start. The important thing is to stay calm, assess the situation logically, and make sure that you can stay on your feet.