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ARE YOU UNABLE TO AFFORD YOUR BILLS?

By Kendall Jenkins on 2019-08-22 10:46:00

You’re not the only one. Even 25% of families who are making $150,000 a year are living paycheck-to-paycheck.

Life happens. Whether you’re constantly under a financial emergency, you have too much debt or you’re simply not making enough money, there are options if you can’t pay your bills.

It’s best to know a financial back-up plan for these expenses. If you need to get emergency money for bills fast, here are methods to know.

Sell Your Jewelry

Sure, your jewelry may mean a lot to you, especially if they were given as gifts. But if your bills are past due, selling these jewelry pieces can put a few extra hundred dollars in your pocket.

For example, you could get at least $100 for a gold ring and even up to a grand for a gold chain.

You’re not only limited to jewelry. Gold and silver collector’s coins can generate a little extra money.

Sell Other Goods

Jewelry isn’t the only example of high-paying goods with high resell value. You can sell other goods and generate some extra cash.

Tech is a great example. Do you have an old phone or computer that you don’t use or that doesn’t work? Sell it for its part.

Keep in mind, unless the tech is still relatively new, you probably won’t make much money reselling it for use. More people will get more use out of the parts and are willing to pay good money for them.

Do you have spare books? There’s a huge market for books. You’ll gain a decent amount of money for old college textbooks and rare books.

Do you have nice clothes that you barely wore? You can resell them online or at a consignment shop.

If you have many objects and knick-knacks that you can sell, hold a good ol’ fashioned garage sale.

Crowdfunding

While you may not like asking for money, oftentimes you have very little options. This is where crowdfunding comes in. You can create a campaign with a website such as GoFundMe and you can send your campaign to family and friends.

If they want, they can donate a little bit. Even asking for $10 from each loved one can add up quickly. You can get your cash quickly and can pay your bills without finding gig work or putting the bills on your credit card.

Speaking of gig work…

Work a Gig

There are more ways to generate passive income than ever before. If you have a nice car, drive Uber and Lyft. For example, these Uber drivers make $450 a week.

After work, turn on the app and drive for a few hours for some extra cash for bills.

Uber isn’t the only gig economy example. Do you have a talent, such as a writing or an artistic talent? You can sell these services on Fiverr and similar platforms. You can set your own rates and do extra work freelance.

Another similar but broader service includes Task Rabbit.

This platform connects you to local people who need help with a task or errand. Some of these tasks include moving, handyman work, cleaning, furniture assembly, and general heavy lifting.

Other examples include walking a dog with Rover and renting an extra room in your house with Air BnB.

Take an Odd Job

The gig economy isn’t the only example of side jobs. You can take a few odd jobs here and there and help out a family member, friend, or neighbor.

Babysitting is the most common example.

Are you good with kids? If a parent you know has to be away from their kids, offer to watch their kids for them. This can also become continuous work if you offer to watch their kids while they’re at work.

Pet sitting is also becoming common. Pet parents don’t want to pay the extra costs to board their furry friends. They will also be more comfortable in their home with a friendly human to take care of them.

And there’s also general housesitting. Many people don’t like leaving their home alone, especially if they will be gone for long periods of time. Offer to watch their place. You get to lounge in someone else’s pad and get paid for it!

Find Loose Change

Sure, you can’t pay your rent with a few rolls of quarters. But if you have a huge change purse or piggy bank, you’ll be surprised how much money those extra coins can generate.

How do you turn your coins into cash?

Visit a machine such as Coinstar and dispense your coins into the machine. They will count your coins and will provide a ticket stating how much cash you’re entitled to. From here, visit a participating store and retrieve your cash.

Keep in mind, these machines will take a percentage of the cash.

Take Out a Loan

If all else fails, you can always take out a loan. Many lenders will approve your loan request and will send you the necessary money in a short amount of time. The lender will set a repayment period so you can pay off the loan.

There are many lenders online so you can use this service for cash and other similar websites.

Keep in mind, many factors come into play when taking a loan. Some of these examples are your credit score, the amount of money you earn, and if you’re putting up any collateral.

Get Emergency Money for Bills Fast!

Face it, you’re not rich. There are times when you struggle to pay your bills.

From a garage sale to a loan, there are many ways to get emergency money for bills fast. Use any of these methods to generate some extra income for your bills.

But seriously, enough of talking about money. Wrestling is a way more interesting topic. Continue reading our blog for more interesting wrestling news!

 

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