How To Survive Until Your Next Payday + $100 Giveaway!
With inflation still on the rise and wages not keeping pace, many people are finding it harder to make their paycheck last until the end of the month. If you regularly find there’s just not enough money to last the month, maybe a complete review of the household budget is in order. If you’re just having an unusually tough month however, here are a few ways to make the last of your money stretch, or even put a bit more cash in your pocket!
Go Veggie For A Week
The biggest expense when it comes to buying food is often the meat. Going veggie for a week could knock a big chunk off of your weekly shopping bill. Going veggie doesn’t mean all your meals need to be tasteless, there are some quite tasty budget veggie recipes out there, like this one from my good friend The Canadian Budget Binder!
Switch To Own Brand Products
Although I’d like everyone to switch some of their food shopping to own brand products on a regular basis, I appreciate some people aren’t fans of the idea. When money is tight however, switching to own brand products for a week or two could be a great way to make savings.
Get On Your Bike!
Most of us know we could use a bit more exercise, well here’s your chance! Why not try cycling to work and back? You’ll not only save a few pounds on petrol and parking charges, you’ll also shed a few!
Sell Your Old Discs & Gadgets
If you’re anything like me you probably have loads of Cd’s, Dvd’s & Video Games lying around that you just don’t use anymore. Websites like Music Magpie will buy them off you for cash. If you’d rather sell them separately to make a bit more money, you could also list them on Ebay!
Another quick way to get some extra cash is to sell any old mobile phones you have lying around the house. Sites like Mazuma will buy your old mobile phone for cash and it doesn’t even have to be in working order!
If You Have To Borrow Money
If you’re desperate for some instant cash and you know you’re going to have to borrow the money, borrow it at the cheapest rate possible!
The cheapest way to borrow money is usually to borrow it from a family member. If you’re going to do this be 100% sure you can repay the money! Many family disputes start because people borrow money from a family member and don’t pay it back. If you’d rather keep your finances private and need the cash quickly, give your bank a call and see if they’re willing to give you an overdraft facility or increase your current overdraft. Don’t assume that you’re not eligible for an overdraft facility, you might be surprised. If you do decide to take out an overdraft be sure to repay it as soon as possible, it’s easy to fall into the trap of living in your overdraft!
If you can afford to wait a week or two for the money and have a good credit score you might be eligible for a credit card with a 0% interest introductory period. Some of these credit cards allow you to transfer money directly into your bank with no interest to pay for a specified period.
It’s better not to borrow money at all, but I know that sometimes you might have to and it’s better to get it from a reputable source.
Enter Our $100 Giveaway
For a chance to win some extra cash why not enter our Giveaway!
Every now and then I team up with some other Top Personal Finance Bloggers to give something back to our readers. This months Giveaway is for a huge $100 (or the equivalent in UK Pounds) in Paypal cash or a $100 Amazon Voucher, It’s up to you!
YOU CAN ENTER IN THE WINDOW BELOW