Over 12% of the United States lives below the poverty line. That might not seem like much but when you realize that 12% equals over 39 million people, the picture of domestic poverty becomes a lot clearer.
For those people, when unexpected expenses come up, the results can be catastrophic. Simple things like a bad car transmission or a surprise trip to the doctor can create impossible to surmount hardships that only lower struggling communities further into financial despair.
To that end, if you are or know somebody that is struggling financially and needs fast money, this article is for you.
Here are 4 ways that you can get an influx of cash into your checking account.
If you have a car that was manufactured in the last decade and need fast money, you’re in luck. Rideshare companies like Uber and Lyft offer opportunities for people to make cash quickly and get their drivers up and running in under a week.
Some people make $200.00 per day running a rideshare business. Others make much more.
While rideshare apps have a waiting period before payouts, Uber is now offering drivers the ability to withdraw their fares into their checking accounts instantly for a nominal fee.
2. Sell Your Old Stuff
If you have old books, video games, computer monitors or anything else of value lying around your house, sell those things to get your hands on the fast money that you need.
Amazon offers instant gift cards on popular items if you agree to sell to them as opposed to the general market. Pawnshops will also buy items (at a steeply reduced rate) and can put cash in your hands immediately.
3. Cash Out Your Borrowed Money Rewards
When people need fast cash, most turn to credit cards or online loans serviced by online providers like Bonsai Finance.
What many borrowers don’t know is that some credit products come with cash-back rewards that need to be manually withdrawn in order to use.
See if credit cards that you’ve used in the past included cash-back bonuses. If they did and you have a balance of bonus credit in your account, cash out.
4. Search for Odd Jobs on Craigslist
If you need to get money into your hands today, check out Craigslist to see if there are any one-off, cash-paying jobs available in your area.
On any given day, people might be offering $20.00 to clean their dishes, $50.00 to help them move or cash for a number of other chores.
Just be sure to stay safe when responding to Craigslist ads by trusting your gut and only working with people during the daytime in populated areas.
Wrapping Up Our Fast Money Suggestions
When you’re in a tight financial spot and need fast money, the situation can feel hopeless. By leveraging our suggestions, we’re confident that you’ll be able to get your hands on quick cash and hopefully be able to work your way out of the stressful situation that you or somebody that you know is experiencing.
For more tips on all things finance, check out more of the newest content right here on our blog!