I Need Money Fast – The Best Options for You
Nowadays, many people in Great Britain as well as in other countries face financial issues from time to time. Many families try to make ends meet while applying for 12 month payday loans and living from paycheck to paycheck and stressing out over such problems as job loss or urgent medical bills that need to be covered. Many consumers need money fast and want to find the best solution. In this article, we are going to share some of the top tips and options that you may select from in order to improve your current finances.
I Need Money Now for Free and Fast
Many people are dreaming of having more money but are they accountable and use it wisely? There has been an interview asking UK respondents several questions about financial literacy.
"British people came second to Finland in this ranking and turned out to be more financially literate than other European consumers," mentioned Eddie Nott, the managing director of Intrum UK.
However, many consumers depend on credit to make ends meet and pay the bills that can lead to more debt in the future.
The spending spree is one of the biggest problems that people face when it comes to finances. Not every person knows how to live on a budget. British consumer spending habits show that confidence in spending usually comes with age for British people. The research shows that younger people are less confident in their spending (55%) compared to older generations (63%) who know exactly what they want to purchase. So, if British citizens need money fast UK, what are the best options for them?
#1 Find a Job Online
The very first tip any professional career coach will share is to find a full-time or a part-time job. You may combine two or three side jobs at once if you need more money to cover some unexpected costs. For instance, those who need to make money fast, may turn to one of the online platforms and search for a suitable job.
The top five job searching websites in the UK are:
- Indeed. It includes job postings from various websites and allows to save your time by searching for different jobs online from just one platform.
- Reed.co.uk. This platform offers more than 25,000 job listings from various recruiters per year. More and more applicants use it to find a full-time or part-time position.
- TotalJobs. This is one of the leaders in the job searching market. Each money over 6 million job hunters use this site to land a decent job.
- CV-Library. There are over 70 various sectors and categories that are included on this platform and allow professionals of different ages and education to find the job of their dreams.
- Universal JobMatch. Do you need money fast but have bad credit? Use this British platform as it has thousands of vacancies and plenty of job opportunities.
#2 Take a Small Loan
I need money fast and I can’t wait until I start a new business, or take part in online paid surveys, or find a side gig! In this case, the best and most suitable solution will be to opt for a small personal loan. It is the fastest and easiest way to receive the necessary funds without the need to go out or do anything. All you need to do is fill in a quick application form and get connected with a wide database of direct lenders online. Don’t be afraid of getting debt.
"We are here to help consumers better manage and understand their debt. However, they also need to become more responsible when it comes to borrowing money," says Sue Anderson from the StepChange Debt Charity.
If you are a responsible borrower and don’t take out more than you currently need, then you won’t encounter any problems with paying the loan off. What can be better than receiving your cash at the bank account as soon as the next business day? You will definitely spend more time trying to search for jobs or waiting until your new business finally brings profit. Stop wasting your time. Taking out a small loan is a common deal and doesn’t need any hassle or tedious paperwork.
Total charge for credit: £248
Payable in one payment of: £248
Interest rate: 292% p.a.
Representative APR: 1223.6% (variable)
Amount you pay *— £
Representative APR 1223.6%
#3 Start Working from Home
Some people who need money fast bad credit and can’t take more debt may want to start working from home. According to TheMoneyCharity.org.uk, the average credit card debt per household in October 2019 was £2,604.
The majority of consumers have certain debt that needs to be paid off. It is estimated that it will take 26 years and 7 months to repay the average debt provided that a consumer makes just the minimum monthly payment. There are so many opportunities these days that allow you to set up a small business, sell your old stuff or make small money from the comfort of your home. Here are the best ideas:
- Set Up a Home Bakery
I need to make money fast and I’m fond of baking. Do you have some spare time that you may take advantage of and make some extra cash? Why don’t you set up a home-based bakery or just bake some goods from time to time when you have orders?
This is an excellent idea that doesn’t require a separate office or commercial rent as it may be done from your home. Of course, it does need some money for investment. You will need to pay £500-1,000 for licensing, £1,000-£5,000 for the necessary equipment (if you need a special oven and utilities), £2,000-£3,000 for ingredients and supplies. Depending on the type of business you are willing to open and the place where you are setting it, you may spend less money. For example, bake cakes for friends and colleagues or sell them on fairs.
- Online Market Research Participant
If you don’t have money to invest in a real startup and just need additional quick cash, then paid surveys may be a wonderful option. It has a flexible schedule and all you have to do is fill in small online surveys and take part in market research. The money can be paid in gift vouchers, paid into PayPal account, or in the form of free products. I need money now for free and fast UK. Well, all you need is little time and an Internet connection. If you take 5 surveys a day that cost £3 each, you will make £300 per month easily.
- Sell Your Stuff on Craigslist or eBay
Another great way to make some money without even doing anything is by selling the items you don’t need anymore. You may take a closer look around and find some furniture, collectibles, or other appliances that aren’t in use and may be sold to earn some quick cash. Used phones can also be sold on Gazelle without any hassle.
#4 Use Coupons and Discounts
One more attractive offer is to use discounts and coupons or vouchers in order to pay less and save your money. For instance, you may go on groupon.co.uk, ukdealsandgiveaways.co.uk and find the most suitable vouchers for various categories including health and beauty, fashion, gaming, kids, home and garden, and grocery sections. Take advantage of hot sales and special offers of the week. You may get 30% off food and drink at Pizza Express at vouchercodes.co.uk or search for other categories of your choice and receive special offers if you are a student.
Find the most suitable solution that will work best for you and help you find a smart way out of a financial crisis.