I need money right now! It’s a cry we’ve all made at some point.
After all, the total US consumer debt is almost $14 trillion. With so many of us owing so much, it’s no wonder we’re sometimes a little strapped for cash.
The good news is that if you need money right now, there are ways to get it.
Read on to learn how to get cash fast with these tips and tricks.
Take out a Loan
A quick way to get cash in your bank as quickly as possible is to take out a loan. Some lenders can approve your application and have the cash in your bank the same day.
If you need a large amount, and can’t get enough cash at once from a single loan, you could always consider a loan renewal.
Sell Unwanted Items
Another simple way to get cash fast is to sell some of your stuff.
You’d be amazed at how much you can get for some of the things that are just lying around your home. Clothes, electronics, and jewelry are all good options for selling, and you can have the cash in your account or in your hand the same day.
Before you throw something out, it’s always worth checking whether it’s worth selling instead.
Request a Payroll Advance
If you’re employed, you may be able to get a payroll advance from your boss.
This is an advance on your salary, which is then paid off via salary sacrifice over the next few months. Not every company will allow this, but if you need cash in a hurry, it’s always worth a shot.
Return Unused Purchases
We’ve all made impulse buys that we’ve regretted as soon as we got home.
The good news is that if you’ve got the receipts you may be able to return the items and get your money back. Some products may not be eligible for returns, and some stores may offer store credit instead of cash, but you could still be able to get some instant money this way.
Friends and Family
If you really need cash fast you can always consider the bank of Mom and Dad.
Borrowing money from friends and family is certainly a way to get quick cash. You need to weigh this up against the damage that borrowing money could do to your relationships, especially if the loan doesn’t get paid back on time.
If you’re confident that it won’t make things awkward then there’s no harm in asking.
Help! I Need Money Right Now!
We’ve all been there: I need money right now! If this is something you’ve found yourself saying, then we hope that this list has been of some use.
When you need fast cash, there are a number of ways you can go about it. Which you choose will depend on your personal circumstances, but it’s good to know you have some options.
If you’re looking for more financial advice, be sure to check out the rest of our money section.