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What Can You Do When You Are Short On Money

The situation we are all currently in is nowhere near enviable in many ways. Due to Covid-19 many people have died, lost their loved ones, but also got fired or simply closed down their businesses. This pandemic has affected different aspects of our lives and today we will discuss the financial side of it.

Are you facing unemployment and you have no cash set aside for the rainy days? We assume that you are probably feeling lost, however, don’t worry, you are not alone! Many other people are dealing with the same kind of problems.

We are here to help you by offering you some smart solutions for your struggle. 

Prioritize your Bills

Once something like this occurs, you first have to analyze how much money you’re left with, debts, salary, etc. Bills should be one of your priorities because we all know what happens when they are not being paid.

Determine which ones are the most important and could potentially affect your household if neglected and then make sure to pay them. As mentioned, some of them are more or less important, we will give you the list of the first group:



Electricity, gas, and water


Sometimes we have no idea how much we are actually spending each day, week, or month. It’s not like we don’t care, it’s just we don’t think about it as much when we are not experiencing financial issues. Unfortunately, now is the time to give it some thought, unless you are ready to take a loan from a bank or any other company of that kind. If that’s not the case then you should consider trimming your biggest spending.

Our money mostly goes directly on food and house and that shouldn’t be changed, however, if you have some additional unnecessary expenses then give them up for a while until your situation gets better. If you’re not able to do that and you have enough space in your house, then think about renting a room. 

Take a Loan

Ideally, it would be great if we didn’t have to do this, however, special times call for special measures. In most cases, lenders will promise you lower rates. Still, you have those that claim that they can guarantee you fast approval. Who knows.

Thanks to technology and its advancement, people can easily find the cheapest loans that could quickly be approved. If you decided to take a loan, make sure to “partner” with someone who has a good reputation because you do not want to take any risks.

If you have some doubts regarding this, financial gurus at have written some important topic-related things, that just might answer your questions. Generally speaking, this is not an easy decision to make, however, if you take proper steps, things will turn out just fine.

Find More Ways to Earn Money

It may sound a bit ironic, especially since a lot of people are unemployed right now, but that doesn’t mean that you cannot find an additional source of income. Fortunately, there are a lot of online jobs that are not impacted by this situation and that do not require any particular skills. Furthermore, they will help you get back on your feet for the time being and the good thing about it is that you can work from home and be more flexible for other opportunities.

On the other hand, if you don’t see yourself in this scenario, you can always choose a part-time job, such as working in a store or being a waiter/bartender. Owners always need more staff in these fields of work.

Credit Card as a Next Option

This is the moment when you have to turn to a credit card (if you own one) and pay all your bills and other costs with it. Although you may do it reluctantly, at this very moment this is the most convenient and smart alternative. 

Still, be careful how much you are utilizing it because you do not want to pile up any more debt to your account. If you know how to “control yourself” when it comes to spending, then we definitely advise you this option.

Sell your Things

This refers to that stuff you don’t need, such as clothes, shoes, maybe some jewelry, etc. There are numerous websites where people sell things they do not need or use anymore, so this is a good idea until you figure out what to do next. 

There’s Always an Option

We know that everything seems unstable right now, but don’t let anything or anyone discourage you. Here you will find a lot of beneficial alternatives that will help you get through this situation. 

Besides, if none of them seem appealing to you, you can try and talk to a family member, friend, or partner to see if they can assist you somehow. Just keep in mind that there’s always a solution to every problem as long as you are willing to try.

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