A Few Top Tips for a Quick Cash Fix

Sometimes we find ourselves in need of a quick hit of cash and simply can’t afford the luxury of time that usually comes with saving up. Be it an emergency pay-out for a broken-down car, funding a last-minute holiday booking or any other such situation when you need money sooner rather than later, here are some tips to help you give your bank balance a healthy boost.

• Sell unwanted goods

We can all be guilty of hoarding things that in all honesty, we no longer need. By sifting through your wardrobe and pulling out clothes you don’t wear anymore then selling them on the likes of eBay, you take care of two birds with one stone; decluttering and raising money. The same can be done with almost anything, from books, CDs and DVDs to old mobile phones, artwork and ornaments.

• Cut down on luxuries

You’d be amazed how much money we pour away on unnecessary luxuries day-to-day; from the fancy coffees we grab on our way to work to the pricey restaurant dinner at the end of the week. It’s well worth taking the time to work out where your money actually goes and you’ll soon identify patterns of spending you weren’t even aware of, and small changes like taking your own lunch into the office rather than hitting the shops every day and offering to be the designated driver on your next night out to avoid buying costly drinks can make a big difference in a short amount of time.

• Take out a short-term loan

For an instant injection of cash, quick loans can be very useful. Aimed at those who find themselves in an unexpected pinch and need help to tide them over to the next pay day, the likes of CashLady can point you in the direction of the lender most likely to accept your application, which should ensure you get the money you need on the very same day. It’s important to keep in mind the higher interest rates that come with such loans and remember they are intended as short terms solutions.

• Use your skills and time effectively

Taking on a second job is a huge commitment and the last thing you want is to burn yourself out, but if you have untapped skills and some extra time to kill, why not get out there are see if there’s a market for your talents? Tutoring in a second language, offering piano lessons, walking neighbours’ dogs; the possibilities are endless.

• Crowdfund

Crowdfunding is very much on the rise. Though it’s particularly popular for creative endeavours, the method is also gaining momentum for personal affairs. Whether you’re appealing to loved ones to help fund your travels, asking your mates to club together for a mutual friend’s birthday gift or even raising money for a funeral, you’d be amazed how generous people are willing to be if only you ask.

There we have it; some simple yet easily implementable ways that you can be kind to your wallet and get a quick cash fix.

from Finance Girl http://www.financegirl.co.uk/a-few-top-tips-for-a-quick-cash-fix/