All about the challenges of Midlife Finance

What To Do When You Need Cash Fast

When you need money and need it now, it is a feeling that is very strong. The thought can consume your mind all hours of the day and night until you can discern a method of procuring the funds that you need. We have all been there. Now, there are some pretty obvious things that you can do to get that money. You can borrow it from friends or family or get a loan. Your credit might not be perfect, though, and that can take a traditional loan out of the equation. Then again, you might not have a good relationship with your family and that can knock borrowing from them out of the ballpark, too.

Where do you go then? How can you get the funds you need quickly? There are solutions. Be advised though that none of them will give you a free ride and some of them will take work and or paying them back.

Payday Alternative Loans

There are online lenders that offer alternatives to payday loans. You can borrow up to $1250 and get funded as quickly as the next day. Benefits to these types of loans are that there are very few eligibility requirements and a flexible repayment schedule. To qualify you will need a social security number, an active checking account, and a verifiable source of income.

This is one way to get a loan when your credit isn’t the greatest.

Donate Plasma

Plasma is a part of your blood that carries your blood cells. It is mainly water and dissolved proteins. This part of blood is used to make quite a few different types of medicines as well as for medical research and treatments. When you donate plasma, depending on the company, you can make anywhere from $15 – $40. This will also depend on your weight. If you are heavier, you can make more money. Each plasma center is different and throughout the country, there are more than 500 donation centers. You get paid while you are there as soon as you finish your donation. On your first visit, this will take longer because you will have to go through a physical examination to ensure that you are healthy. This is one way to get money fast.

Sell It

One quick and easy way to make a few extra bucks and declutter your place at the same time is to sell the things you no longer need. Look around your house and you will surely see more than a few things that you don’t need anymore. Look for items like:

  • Books
  • Collectible toys
  • Smartphones
  • Jewelry
  • Unused gift cards – you can also redeem these instantly at most Coinstar kiosks
  • Musical instruments
  • Electronics
  • Video games
  • Crafts

Price these items competitively and decide how you will sell them. You can choose to have a garage sale, list them on apps like 5 Miles, or even list them on eBay.

Use Your Computer

You can make money online easily. We do it every day. There are quite a few apps to make money that will either pay you for doing marketing related tasks – such as scanning different products at the grocery store, or will connect you with people who need more intensive things done – like completing surveys.

These may not pay very much, but they can add up quickly. If you choose to go this route, stay away from the ones that ask you to pay a fee first. You also should never enter your credit card number on any site like this.

Stay Focused

Focus groups are made up of people who can provide an individual, organization, or company with feedback on things like ideas, designs, and or products. You can monitor local papers or search on sites like FindFocusGroups.com to locate one in your area that you might be able to join. Some of these sites will offer tasks that can only be done online – like serving as an e-juror. The pay for these things can be pretty good and are typically disbursed quickly.

There are many other ways that are creative when it comes to making money fast. With any luck, you will be back on the road to financial stability soon.

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