Saturday, April 26, 2014, AM | Leave Comment
Most of us run short of our monthly budgets on occasion due to unforeseen circumstances. When that happens, it is helpful to have a few fall-back strategies on hand for quick earnings to pay your bills.
The following six strategies can help you through a temporary cash flow crunch.
Host a yard sale
Most of us have an inventory of unused items around the house that we can sell at a yard sale. Make a few signs to post at the end of your street and gather up your excess possessions for pricing. The best garage sale days tend to be Fridays and Saturdays, and some people sell hundreds of dollars’ worth of items.
Try freelance writing
If you are a high school graduate with above-average grades in English or composition, chances are you can write small-scale articles for online websites that pay weekly or per article. Often you can find articles on topics that interest you, like sports or politics. Other sites ask for articles on everyday topics like how to buy a new furnace or start a small business. Information can be quickly found online if needed.
Sell collectibles online
If a collectible item or set has lost its appeal for you, chances are someone online will want it at a decent price. The same is true for heirlooms and antiques that you no longer have room for. Do some comparison pricing and place your item for sale. You will be surprised what people will pay for something you no longer want. One man’s trash is another man’s treasure.
Take your old jewelry to a pawn shop
Gold, silver or anything of gem value can be appraised and possibly purchased. Check your collection of jewelry at home, even older pieces from ancestors, and take the unwanted items to a pawn shop for pricing and quick sale. You can quickly get money for your unwanted jewelry at pawn shops in DC.
Rent Out The Extra Room
If you have a basement that is rarely used or an extra room or two in your home, consider renting it out for a while to help cover your bills. Even if it’s a shared space, many people are willing to live under almost any condition for cheaper rent.
Use Your Talents
Take a look at what you like to do and what you are good at, and turn that into cash. If you like animals, consider starting a dog-walking or dog sitting service in your neighborhood. You could tutor students in your area if you excel in one subject, or teach music lessons. Whatever it is you like doing, put it to good use for some extra cash.
Cash is available at your fingertips if you know where to look. Consider these five options to help you get the money you need now so you don’t have to deplete your savings account.
For a fantastic guide, read and enjoy Start Budgeting.