Many people assume that a payday loan is the only way to get same day cash. This is untrue and a very expensive decision. Sure, a loan like this will get you the cash that you need almost instantly, but due to its high risk and price it’s important that you at least check out other options first. In the end you may still need a loan, but with the other ways to get money that we’ll discuss in this post, you’ll definitely need to borrow a heck of a lot less! In the best case scenario you can use the tips here to cover all of the cash that you need, then be able to laugh at those who waste their cash on a loan!
Before we get started it’s important that you know why a payday loan is almost always a bad idea. Due to the high price and short terms, you are going to have a hard time coming up with enough cash to repay the loan and still pay your bills after the next payday. If you have to pay back a $750 loan on your next payday, how much will you have left over to eat and pay bills? That is the important question that most people don’t ask themselves before applying for a loan. In the case that you’ll still have plenty of money leftover, then a loan might be a good idea.
There are a lot of different ways to make money fast. Excluding borrowing it, selling stuff and earning money are going to be the easiest way to do so. The rest of this post will be dedicated to sharing ideas for each of those that will be easy, and available to just about anyone.
Selling Stuff For Same Day Cash
If you have a house full of stuff that you don’t use very often, like I do, you can sell most of it to cover your short term financial needs. There are a couple of ways to do this: online and locally.
To sell your stuff online you can use eBay, but expect that you’re going to need at least a week in order to sell everything. Even once everything sells there will still be an additional delay in transferring money from Paypal into your bank account. Selling your stuff on eBay is very effective, but not the fastest way to do it.
Instead, use Craigslist. If the stuff that you have is something that people buy, it will sell very quickly. Be sure to take good pictures and offer a detailed description of your wares to help it sell faster. It helps a lot to have somebody help you with this, and you’ll thank them when they help you out in a sticky price negotiation.
Selling stuff locally is generally done at a yard or garage sale. It’s easy to put these together in a moment’s notice, and you’ll be very successful if you live in an area that naturally has a lot of traffic.
Should you not have the time to put together a yard sale, pack everything up and head to the pawn shop. Clean your stuff up well before doing this to make sure that you get as much as possible for it. Pawn shops buy tools, jewelry, guns, bikes, and music equipment the most, but will consider buying anything else you have.
Earning Money Today
Assuming you have a couple of extra hours on your hands, you can earn money very quickly. Start by talking to those around you, explain your situation, and see if they have anything you can do for them to earn a few bucks. Generally you will do things like babysitting, yard work, cleaning, and cooking, but if you have specific skills you may be able to lean on those.
In the case that you can’t get a gig like this, turn again to Craigslist. Once you specify your area, click on the Etc. section to see all of the odd and random jobs that are available in your area. There is going to be a lot of stuff to sort through, but you’ll see jobs like taste testing and passing out fliers, and these jobs are going to pay cash at the end of the day.
Use the ideas discussed above to find something that’s going to get you the cash you need without a payday loan. It isn’t hard, and you may be able to cover all of your expenses with a day’s work!