Business Daily Media

Men's Weekly

.

Where to find cash at crisis time

  • Written by News Company

Life is unpredictable, that’s a fact. And as a rule we all look to plan for the bad times so that when it all goes wrong at the same time we have resources and the ability to make plans to rescue the situation. But sometimes you find yourself in a position where, quite simply, you just need money that you haven’t got. And that is a very tough place to be in and it often feels very dark and lonely. But there are nearly always solutions. Sometimes you just have to take a moment to pause and clear your head and think calmly. Being calm is not going to magically make you rich, but it might help you see a way through the crisis. If ever you are in such a predicament where you need money desperately here are a few ideas for whipping up some funds.





Use the internet

Traditionally banks loaned you money, and you went in, explained the need to your bank manager and then agreed terms. In more modern times an online loan is the way to go. You can do it on your phone or from your PC at home and it is generally very simple and painless process, all you need to do is go to Swoosh.com.au for example. And if you qualify your loan can be approved very quickly. You might be pleasantly surprised.

The old garage sale

When you start looking around your home you might be amazed at how much stuff you have. And that stuff is worth a lot of money if you can get it seen by the right people. Take time to do a little stock-take of all the things that you have accumulated on your life’s journey. Assess what is surplus to requirements, advertise a garage sale and start to rid your life of clutter while earning some money for it at the same time. It won’t necessarily make you fortunes, but every cent counts. That being said, if you have gold jewelry that you never wear, selling it might get you more money than the rest of the garage clutter. The same goes for selling old watches. You might want to find a reliable shop near you to do this, in order to be sure the price you get is right.

Hustle

If you are only working one job, then start looking for a second. If money is tight and you are scrounging up any extra cash you can find, then look to get some evening work. It might be something like delivering pizza or driving for Uber or tending a bar somewhere, but look for an angle and work it. At the end of the day, it is not the job that matters it is about the extra cash that you will earn and what that will allow you to do. You obviously need extra cash for a reason, so be resourceful in finding ways to make that happen. One of the most popular, and potentially lucrative side hustles currently is as a social media influencer. The easiest way to make money as a social media influencer is through sponsorships or sponsored content. For this, you need lots of followers. If you need to generate followers quickly you could look for the best site to buy TikTok followers, or whichever platform it is you have chosen, and boost your profile quickly.

Friends

Depending on the severity of the crisis, friends and family are important. If you want extra cash for a holiday they might not want to help, that is understandable, they have their own holidays to think of. But if you need cash for medical bills or something a little more drastic, then if you can’t turn to family and friends who can you turn to. And while they might not have the actual cash to help they have friends and social networks and a crowd-funded finance campaign needs friends to spread the word. So set it up and ask for their help – you might just be surprised at where it ends up.

 

Minns Labor Government shutting down the Business Connect program

The NSW Opposition is concerned that the Labor government will shut down a support program that has assisted New South Wales businesses. In a media ...

Samsara Eco appoints Dr. Lars Kissau as General Manager for Asia

Australian biotech innovator Samsara Eco has announced the appointment of Dr Lars Kissau as its first General Manager of Asia. Based in Singapore...

From the first bounce to the final siren - small business lessons from the AFL Grand Final

The AFL Grand Final is one of the most anticipated days on the sporting calendar. This Saturday, the Geelong Cats and Brisbane Lions will battle i...

Australia’s top finance leaders recognised as CFO role expands

Amid surging regulatory demands and rapidly evolving industry, Australia’s most influential Chief Financial Officers will be honoured at the inaug...

Why outdated security leaves small businesses exposed to crime

Small and medium businesses in Australia are under increasing pressure to address security gaps that criminals readily exploit. An unlocked door, an...

Why it’s time telcos rethink location and put customer experience first

Maurice Zicman, Vice President - CX Strategy at TP in Australia unpacks why the telco industry must rethink old assumptions and focus on digital-f...