Your job may allow you to take a cash advance on your next paycheck. It’s not a loan, so you don’t have to worry about interest or repayments as it is money that you made. Remember, however, that if you ask for $ 200, you should be prepared for your next paycheck to reflect that difference. It is also wise not to get into the habit of asking for cash advances. Taking frequent financial shortcuts could leave a bad impression on your employer. Instead, request overtime – the extra hours can earn you extra money.
5. Sell, mortgage, or auction unwanted items.
Now is a better time than ever to start selling some of those old things that are taking up space in your home. It can be anything from a used cell phone to furniture, vintage clothing, home appliances, and more, a rich source of quick buck. Go the online route, such as eBay, Amazon Marketplace, or Craigslist, or Check out apps like OfferUp and Letgo.
6. Reduce your expenses.
One of the positive effects of COVID is that many households have job function email database reduced their spending. Some people cut their budgets out of necessity. Others lived on less from home due to lifestyle changes. When the skies clear and life is semi-normal again, resist the urge to fall back into pre-pandemic patterns. Try to spend less on things like clothing, entertainment, and other purchases. Setting the difference aside, you won’t need a payday loan if a disaster strikes. Some financial experts even suggest adjusting the tax withheld from your paycheck so that you have more money to spend now than you will later.
7. Save money with an app.
This isn’t a source of quick buck per se, but the right app can go a long way in ensuring that you aren’t desperate enough to consider a payday loan the next time an emergency finds its way to your doorstep . Acorns is the original Roundup app – it rounds each purchase up to the nearest dollar and invests the difference. Chime has cool auto-save features and allows you to get cash from your paycheck early on. A good app and a bit of discipline now could give you the financial headroom you need to never have to worry about payday loans again.