{"id":27796,"date":"2023-11-10T20:02:04","date_gmt":"2023-11-10T20:02:04","guid":{"rendered":"https:\/\/www.lendingstream.co.uk\/blog\/?p=27796"},"modified":"2023-11-10T20:02:06","modified_gmt":"2023-11-10T20:02:06","slug":"i-need-money-desperately","status":"publish","type":"post","link":"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/","title":{"rendered":"I Need Money Desperately &#8211; What Should I Do?"},"content":{"rendered":"\n<p>One can be in urgent need of money due to various reasons. Emergencies like hospitalisations, urgent car repairs, and corporate layoffs can arrive unannounced at any time. And you need money to deal with these issues.<\/p>\n\n\n\n<p>We at Lending Stream, understand that emergencies can happen with anyone at any time. Even if you have a stable job with regular income, you might not have enough savings to meet those emergencies. This is why we consider people for our <strong><a href=\"https:\/\/www.lendingstream.co.uk\/loans\/emergency-loans\/\" target=\"_blank\" rel=\"noreferrer noopener\">emergency loans<\/a><\/strong>.<\/p>\n\n\n\n<p>A survey by the Office of National Statistics revealed that 4 out of 10 participants reported that they were unable to afford an unexpected expense in 2023. So, if you are thinking <strong>I need money desperately,<\/strong> you are not alone. It is possible to get quick cash. But you&#8217;ll need to think carefully and take the right steps.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69f29833b48bd\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69f29833b48bd\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#20_ideas_to_make_more_money_when_you_are_thinking_i_desperately_need_money_now\" >20 ideas to make more money when you are thinking I desperately need money now<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#1_shift_to_a_smaller_house\" >1. Shift to a smaller house<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#2_work_overtime\" >2. Work overtime<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#3_ask_for_an_advance\" >3. Ask for an advance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#4_sell_what_you_dont_need\" >4. Sell what you don&#8217;t need<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#5_use_your_car_to_earn_money\" >5. Use your car to earn money<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#6_ask_your_friends_and_family_for_help\" >6. Ask your friends and family for help<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#7_cut_down_your_spending\" >7. Cut down your spending<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#8_get_financial_assistance_from_the_government\" >8. Get financial assistance from the government<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#9_get_a_housemate\" >9. Get a housemate<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#10_start_freelancing\" >10. Start freelancing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#11_take_a_credit_card_cash_advance\" >11. Take a credit card cash advance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#12_take_online_surveys\" >12. Take online surveys<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#13_rent_out_your_garage\" >13. Rent out your garage<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#14_consider_tutoring\" >14. Consider tutoring<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#15_start_babysitting_or_pet-sitting\" >15. Start babysitting or pet-sitting<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#16_sell_your_gift_cards_for_cash\" >16. Sell your gift cards for cash<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#17_return_what_you_dont_need\" >17. Return what you don&#8217;t need<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#18_sell_your_jewellery\" >18. Sell your jewellery<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#19_take_payday_loans_from_a_trusted_lender\" >19. Take payday loans (from a trusted lender)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#20_participate_in_clinical_trials\" >20. Participate in clinical trials<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#how_to_avoid_getting_into_a_similar_situation_again\" >How to avoid getting into a similar situation again?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#1_spend_according_to_a_budget\" >1. Spend according to a budget<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#2_pay_your_dues_on_time\" >2. Pay your dues on time<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#3_create_an_emergency_fund\" >3. Create an emergency fund<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#bottom_line\" >Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#frequently_asked_questions\" >Frequently asked questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#how_do_i_get_emergency_money_in_the_uk\" >How do I get emergency money in the UK?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/www.lendingstream.co.uk\/blog\/i-need-money-desperately\/#what_are_the_easiest_loans_to_get_approved_for_uk\" >What are the easiest loans to get approved for UK?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"20_ideas_to_make_more_money_when_you_are_thinking_i_desperately_need_money_now\"><\/span><strong>20 ideas to make more money when you are thinking I desperately need money now<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_shift_to_a_smaller_house\"><\/span><strong>1. Shift to a smaller house<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"532\" height=\"399\" src=\"https:\/\/www.lendingstream.co.uk\/blog\/wp-content\/uploads\/2023\/11\/Shift-to-a-smaller-house.jpg\" alt=\"Shift to a smaller house\" class=\"wp-image-27797\" srcset=\"https:\/\/www.lendingstream.co.uk\/blog\/wp-content\/uploads\/2023\/11\/Shift-to-a-smaller-house.jpg 532w, https:\/\/www.lendingstream.co.uk\/blog\/wp-content\/uploads\/2023\/11\/Shift-to-a-smaller-house-300x225.jpg 300w, https:\/\/www.lendingstream.co.uk\/blog\/wp-content\/uploads\/2023\/11\/Shift-to-a-smaller-house-80x60.jpg 80w, https:\/\/www.lendingstream.co.uk\/blog\/wp-content\/uploads\/2023\/11\/Shift-to-a-smaller-house-265x198.jpg 265w\" sizes=\"(max-width: 532px) 100vw, 532px\" \/><\/figure>\n\n\n\n<p>The private rental prices in the UK were up by 5.7% in September 2023 compared to the previous year. This is the largest annual percentage change in rental prices since 2016. Your rent \/ mortgage can be your single highest expense. Rents have become one of the most significant costs and if you can downsize your home, you should be able to save a sizeable amount per month.<\/p>\n\n\n\n<p>Consider moving to a smaller place or to another area in your city where rents are cheaper. You can also look for spare rooms to rent in your area instead of renting an entire house. Lowering the size of your mortgage may help you as you pay interest on the principal borrowed. This will also lower your mortgage payment.<\/p>\n\n\n\n<p>Also read our guide on <a href=\"https:\/\/www.lendingstream.co.uk\/blog\/how-to-save-for-a-house-deposit\/\" target=\"_blank\" rel=\"noreferrer noopener\">How To Save For a House Deposit<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_work_overtime\"><\/span><strong>2. Work overtime<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"532\" height=\"399\" src=\"https:\/\/www.lendingstream.co.uk\/blog\/wp-content\/uploads\/2023\/11\/Work-overtime-if-you-need-money-desperately.jpg\" alt=\"Work overtime if you need money desperately\" class=\"wp-image-27798\" srcset=\"https:\/\/www.lendingstream.co.uk\/blog\/wp-content\/uploads\/2023\/11\/Work-overtime-if-you-need-money-desperately.jpg 532w, https:\/\/www.lendingstream.co.uk\/blog\/wp-content\/uploads\/2023\/11\/Work-overtime-if-you-need-money-desperately-300x225.jpg 300w, https:\/\/www.lendingstream.co.uk\/blog\/wp-content\/uploads\/2023\/11\/Work-overtime-if-you-need-money-desperately-80x60.jpg 80w, https:\/\/www.lendingstream.co.uk\/blog\/wp-content\/uploads\/2023\/11\/Work-overtime-if-you-need-money-desperately-265x198.jpg 265w\" sizes=\"(max-width: 532px) 100vw, 532px\" \/><\/figure>\n\n\n\n<p>If you often find yourself thinking <strong>I need cash desperately, <\/strong>you should prioritize solving your money problems over recreation and rest. If you don&#8217;t work on weekends, consider getting an extra shift over the weekend with your employer. This can help with your cash flow if you&#8217;re paid weekly. Even if you&#8217;re paid monthly the extra cash could be helpful.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_ask_for_an_advance\"><\/span><strong>3. Ask for an advance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>If you need quick cash, you can try for a <a href=\"https:\/\/www.lendingstream.co.uk\/loans\/quick-loans\/\" target=\"_blank\" rel=\"noreferrer noopener\">quick loan<\/a> or ask your employer for a salary advance. If you work in a large corporation, contact your HR department. Enquire if company provides any financial assistance. If it&#8217;s a smaller company, speak to your boss.<\/p>\n\n\n\n<p>However, make sure that you carefully read and understand the terms and conditions of this contract. Most employers will deduct a fixed amount from your salary every month until the advance is recovered. If you borrow from your employer, it usually won&#8217;t impact your credit history. However, like a personal loan, you&#8217;ll need to pay it back.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_sell_what_you_dont_need\"><\/span><strong>4. Sell what you don&#8217;t need<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>You may have items lying around in your house that you can sell for some quick money. If you have old smartphones, laptops, TVs, refrigerators, etc. you can sell them online to earn some cash right away. You can put it for sale on various websites. This can get your money urgently to cover an unexpected expense.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_use_your_car_to_earn_money\"><\/span><strong>5. Use your car to earn money<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>If you can get by without a car for a while, consider selling it to earn some quick money. If you need money desperately then this could be an area to <a href=\"https:\/\/www.lendingstream.co.uk\/blog\/ways-to-save-money-on-a-tight-budget\/\" target=\"_blank\" rel=\"noreferrer noopener\">save money<\/a>. But if you need it for work, then you could be shooting yourself in the foot.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6_ask_your_friends_and_family_for_help\"><\/span><strong>6. Ask your friends and family for help<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>If you are in a financial crisis, you shouldn&#8217;t hesitate to tell your loved ones <strong>I desperately need money now. <\/strong>You could borrow some unused funds from your parents, siblings, friends, or relatives and pay them back later. If you get an emergency loan from friends and family, they might not charge you interest. You should discuss this with them first. They may want to charge you, or ask you for help when they need to pay bills too.<\/p>\n\n\n\n<p>Even if it is a financial emergency, it&#8217;s important to discuss the terms of the personal loans from friends first. Agree a repayment schedule or the repayment terms. Work out what to do if there are any missed payments.<\/p>\n\n\n\n<p>This way, you won&#8217;t feel the pressure of what to do if something goes wrong. Paying monthly instalments to your family is similar to those on bank loans. This can be a great option if you&#8217;ve got bad credit or poor credit and need emergency cash.<\/p>\n\n\n\n<p>Do check our guide on <a href=\"https:\/\/www.lendingstream.co.uk\/blog\/lending-money-to-friends-family\/\" target=\"_blank\" rel=\"noreferrer noopener\">Lending Money to Friends and Family &#8211; Tips to Remember<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"7_cut_down_your_spending\"><\/span><strong>7. Cut down your spending<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>One of the best ways to get out of this situation is to cut down your costs and embrace a frugal lifestyle. If you can&#8217;t earn extra cash, can you cut back to save money urgently elsewhere? Review your monthly expenses and find out what you are overspending on. Often money troubles come from excessive spending, rather than insufficient income.<\/p>\n\n\n\n<p>For instance, you could be spending too much on clothes, jewellery, watching cinema, or travelling. <a href=\"https:\/\/www.lendingstream.co.uk\/blog\/how-to-stop-spending-money-on-unnecessary-things\/\" target=\"_blank\" rel=\"noreferrer noopener\">Cut down these costs to the bare minimum<\/a> for a while until you have enough money to get by. For instance, start cooking your own food instead of ordering food or eating at restaurants.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"8_get_financial_assistance_from_the_government\"><\/span><strong>8. Get financial assistance from the government<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The UK Government offers financial assistance and other benefits for those who are struggling to make ends meet. <a href=\"https:\/\/www.gov.uk\/check-benefits-financial-support\" target=\"_blank\" rel=\"noreferrer noopener\">Visit this page<\/a> to find out which Government aid you are eligible for and apply instantly. While not quite the same as emergency cash, it can be helpful if you need money desperately. Remember if you&#8217;re entitled to it, you should claim it.<\/p>\n\n\n\n<p>You can get the following assistance from the Government.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Universal Credit<\/strong>&#8211; a payment to support you with your living costs<\/li>\n\n\n\n<li><strong>Employment and Support Allowance (ESA)-<\/strong> A financial assistance you can get if you have a disability or health condition that affects your ability to work.<\/li>\n\n\n\n<li><strong>Cost of living payments- <\/strong>A financial assistance for those who have certain benefits or tax credits.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"9_get_a_housemate\"><\/span><strong>9. Get a housemate<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>If you do not want to move, consider getting a housemate to split up your rent costs. This will reduce your rent cost to half, and you will have a good amount of money on hand for your needs. Just make sure to think about any application process you might want to have for any potential roomies.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"10_start_freelancing\"><\/span><strong>10. Start freelancing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Freelancing is a great way to earn money from home. If you have any marketable skills like writing, editing, proofreading, or graphic designing, you can start freelancing as a side hustle. Sign up on freelancing websites like Fiverr and Upwork and spend your spare time browsing for jobs. Doing these things can help you resolve your financial situation, and works around your current job.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"11_take_a_credit_card_cash_advance\"><\/span><strong>11. Take a credit card cash advance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Your credit card company allows you to withdraw cash using your credit card as an advance. You can take out cash up to a fixed percentage of your credit limit as emergency funds. However, your card company might charge a percentage of the cash advance as interest for the service.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"12_take_online_surveys\"><\/span><strong>12. Take online surveys<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Companies conduct market research surveys online to collect data about customer satisfaction and customer experience. You can sign up on websites like YouGov and Swagbucks to participate in those surveys. Sometimes you get paid in coupons or discount vouchers from online stores like Amazon. You can use these discounts for your household and clothing expenses.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"13_rent_out_your_garage\"><\/span><strong>13. Rent out your garage<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>If you have a garage, you can rent it out to people who need space for parking their vehicles or for storing their extra belongings. If you have sold or leased your car as we suggested above, you could make use of the extra space in the garage to earn money.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"14_consider_tutoring\"><\/span><strong>14. Consider tutoring<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>If you are good at coding, mathematics, science, English, foreign languages, etc. you can earn some extra money via tutoring. You can become a home tutor where you visit your students at their homes on weekends and provide personalised service. You can also offer tutoring services via video conferencing or through recorded videos.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"15_start_babysitting_or_pet-sitting\"><\/span><strong>15. Start babysitting or pet-sitting<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Send a message to your friends, family, and acquaintances letting them know that you are available for babysitting or pet sitting for a few hours every week. This is a great way to earn some extra money on the side. You can also take your freelancing or other work to your babysitting or pet sitting place and get it done while looking after their children and pets.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"16_sell_your_gift_cards_for_cash\"><\/span><strong>16. Sell your gift cards for cash<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Search through your belongings to find any unused gift cards that you haven&#8217;t used yet. You may have received them as gifts or as rewards for your purchases. You can use them to make some extra money on websites like <a href=\"https:\/\/www.cardyard.co.uk\/\" target=\"_blank\" rel=\"noreferrer noopener\">Cardyard<\/a> allows you to sell your gift cards for cash.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"17_return_what_you_dont_need\"><\/span><strong>17. Return what you don&#8217;t need<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Online shopping often makes us shop for things we don&#8217;t need. Have you recently made some online purchases that you don&#8217;t need? Check if they are still within the return period and send them back to get refunds. You can use the money for necessary expenses like groceries instead.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"18_sell_your_jewellery\"><\/span><strong>18. Sell your jewellery<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>As a last resort, you can sell your gold and silver jewellery to earn some quick money during an emergency. Especially if you have any antique ornaments or vintage jewellery pieces you can get a good price for them. You can sell these valuables at a local shop or you can sell old jewellery online on websites like <a href=\"https:\/\/www.vintagecashcow.co.uk\/items-we-buy\/jewellery\" target=\"_blank\" rel=\"noreferrer noopener\">Vintage Cash Cow.<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"19_take_payday_loans_from_a_trusted_lender\"><\/span><strong>19. Take payday loans (from a trusted lender)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>This should be your last resort when you are thinking &#8211; I desperately need money today. But if you see no other option, you can borrow money through a <a href=\"https:\/\/www.lendingstream.co.uk\/loans\/payday-loans\/\" target=\"_blank\" rel=\"noreferrer noopener\">payday loan<\/a> to temporarily cover your financial needs. Many payday lenders offer same day loans or emergency loans to those in need. However, make sure that you borrow money from a direct lender like a well-known bank, trusted online lenders, or a credit union, without falling for <a href=\"https:\/\/www.lendingstream.co.uk\/blog\/how-to-find-out-if-a-loan-company-is-legit-or-not\/\" target=\"_blank\" rel=\"noreferrer noopener\">scams<\/a>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"20_participate_in_clinical_trials\"><\/span><strong>20. Participate in clinical trials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>You can get paid for participating in clinical research trials of drugs, cosmetics, and other products. Some companies pay participants on a daily basis and also cover their travel costs. However, you may need to show up for follow-up sessions and check-ups periodically. They may also put restrictions on what you can and cannot do while the trial is going on.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"how_to_avoid_getting_into_a_similar_situation_again\"><\/span><strong>How to avoid getting into a similar situation again?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>By applying the steps listed above, you can get through this crisis. However, you must ensure that you do not find yourself in a similar situation in the future. Here&#8217;s what you can do to avoid being in a financial crisis once again.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_spend_according_to_a_budget\"><\/span><strong>1. Spend according to a budget<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Create a spending budget according to your monthly income. Divide your expenses into categories like rent, food, groceries, entertainment, utility bills, and so on. Write down what amount you will spend on each in the upcoming month based on priority. For instance, your first priority should be paying your house bills, your rent, and your food. Keep recreation and entertainment at last and prioritise savings over these activities until you have a good amount of spare cash.<\/p>\n\n\n\n<p>If you are unsure about how to create a budget, consider implementing the <a href=\"https:\/\/www.lendingstream.co.uk\/blog\/50-30-20-rule\/\" target=\"_blank\" rel=\"noreferrer noopener\">50:30:20 rule.<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_pay_your_dues_on_time\"><\/span><strong>2. Pay your dues on time<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>To avoid being stuck in a vicious cycle of debt, make sure that you pay all your liabilities on time. This includes your utility bills, mortgage payments, other loan instalments, and credit card bills. If you clear your dues on time, you can avoid paying late payment charges, fines, and penalties.<\/p>\n\n\n\n<p>Also, paying your liabilities on time is a good financial habit that will help you strengthen your credit report. You can get loans at a lower interest rate in the future if you have a good credit score.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_create_an_emergency_fund\"><\/span><strong>3. Create an emergency fund<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>If you ever find yourself saying I desperately need money today, you should have funds of your own to handle the situation. Start saving a fixed percentage of your monthly income to <a href=\"https:\/\/www.lendingstream.co.uk\/blog\/emergency-fund\/\" target=\"_blank\" rel=\"noreferrer noopener\">create an emergency fund<\/a>. Keep this fund in a separate bank account and only access it when you have no other option left. This would definitely be your saviour during emergencies like layoffs, job switches, high credit card bills, and sudden medical expenses.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"bottom_line\"><\/span><strong>Bottom line<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>If you are tired of constantly worrying about, I need money desperately, it&#8217;s time to take proactive steps and take yourself out of the situation. Instead of spending your day panicking, you can spend your time doing everything possible to control the situation.<\/p>\n\n\n\n<p>If you are in a financial crisis, implement the steps given above to earn some quick money. Also, ensure that you imbibe healthy financial habits to avoid getting into a similar situation in the future.<\/p>\n\n\n\n<p>Always remember ask for help. Speak to your credit unions, your direct lenders, or other creditors. If you&#8217;ve got financial emergencies going on, they could help. Financial troubles are nothing to be ashamed of. If you&#8217;re a <a href=\"http:\/\/www.lendingstream.co.uk\" target=\"_blank\" rel=\"noreferrer noopener\">Lending Stream<\/a> customer, going through a financial difficulty and need help, please <a href=\"https:\/\/www.lendingstream.co.uk\/contactus\/\" target=\"_blank\" rel=\"noreferrer noopener\">contact us<\/a>. Refer to our <a href=\"https:\/\/www.lendingstream.co.uk\/money-worries\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.lendingstream.co.uk\/money-worries\/\" rel=\"noreferrer noopener\">money worries guide<\/a> here at Lending stream<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"frequently_asked_questions\"><\/span><strong>Frequently asked questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1699646427231\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"how_do_i_get_emergency_money_in_the_uk\"><\/span><strong>How do I get emergency money in the UK?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>You can get emergency funds in the UK via emergency loans from lenders or through government assistance like ESA (Employment and Support Allowance).<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1699646438748\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"what_are_the_easiest_loans_to_get_approved_for_uk\"><\/span><strong>What are the easiest loans to get approved for UK?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Payday loans are the easiest loans to get approved when you are in urgent need of money. You can also take up emergency loans or same-day loans to get funds quickly.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<p><strong>Disclaimer: <\/strong>The information given above is provided for reference only. This is not financial advice. Also, we are not affiliated to any brands or websites mentioned. They are provided for reference only.<\/p>\n\n\n\n<p><strong>Related guides:<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.drafty.co.uk\/blog\/i-need-a-loan-but-keep-getting-declined\/\" target=\"_blank\" rel=\"noreferrer noopener\">I Need A Loan But Keep Getting Declined<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.lendingstream.co.uk\/blog\/short-term-loans-vs-payday-loans\/\" target=\"_blank\" rel=\"noreferrer noopener\">Short Term Loans vs Payday Loans<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.lendingstream.co.uk\/blog\/payday-loans-vs-instalment-loans\/\" target=\"_blank\" rel=\"noreferrer noopener\">Payday Loans vs Instalment Loans<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>One can be in urgent need of money due to various reasons. Emergencies like hospitalisations, urgent car repairs, and corporate layoffs can arrive unannounced at any time. And you need money to deal with these issues. We at Lending Stream, understand that emergencies can happen with anyone at any time. Even if you have a [&hellip;]<\/p>\n","protected":false},"author":48,"featured_media":27800,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[139],"tags":[],"class_list":["post-27796","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money"],"_links":{"self":[{"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/posts\/27796"}],"collection":[{"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/users\/48"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=27796"}],"version-history":[{"count":1,"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/posts\/27796\/revisions"}],"predecessor-version":[{"id":27799,"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/posts\/27796\/revisions\/27799"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/media\/27800"}],"wp:attachment":[{"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=27796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=27796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lendingstream.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=27796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}