How to Find Fast Cash during the Time Of Emergency?
Yes, we humans have come a long way, from rubbing the stones in the cave to sitting in the 25th floor of the skyscraper. We have undergone through some big revolutionary change but if there is one thing that we can’t do now, is predict the future. We don’t know when a financial crisis can hit us knocking our door unexpected. At a time like this, panic and depression is something that you can expect as a bonus gift from this uninvited guest. Yes, we can’t stop such events from happening in our life but we do can prepare things to tackle them in easily without before the situation gets worse.
Saving is by far the best and ultimate solution for this, but unfortunately, what if you were on the initial stage of your saving days and a financial storm came all along the way. You can’t just bury your head inside the sand and let the things go from bad to worse. Fortunately, there are ways to arrange money in such a time which you have to keep looking if you really want to get rid of this situation ASAP. Here, in this blog, we have prepared a list of some effective ways to arrange fast cash when you in a financially in a bad shape. So, let us see them one by one.
Effective ways to arrange fast money during a financial emergency
1. Sell your phone
Well, if the situation is really ugly and you are out of cash, then one thing that you can do is sell your smartphone in order to get quick cash. You could either sell it via online or offline depending on where you are being the best price and also where you are getting cash more quickly. Other than that, you could also go with your iPod, gaming console or tablets as well; these things can also help you get some decent amount of cash. The main thing that matters is the place where you will be selling them, so find the best one.
2. Fast borrowing option
If you don’t want to lose your phone in such a precious time or the amount is a bit higher than the price that you can probably get from selling it, then you could take a financial help. There are many lenders in the market who provides quick loan in Ireland facilities where the borrower can get funding within minutes if the approved. All you have to do is search online for the reliable lender and then submit the application form which will hardly take a minute or two. After the loan proving team will see your credentials and other financial related information and if everything is well, then you will get instant approval.
3. Go to the pawn shop
Another popular way that is used by many people during the time of financial emergencies is visiting the pawn shop. You could sell any jewellery item like gold, silver, diamond as a security to get a loan, but you still can get all your belongings back if you manage to repay the borrowed funds on time. Also, you could also sell any luxury item such as an expensive watch or a costly gadget. However, the pawn shop may charge you a high-interest rate, which sometimes can become really difficult to pay back, so negotiate everything from the dealer in the first place before you sell any item of yours.
4. Borrow from a friend or colleague
Lastly, if you don’t want to trouble yourself from any kind of high interest or a situation where you will have to pay the money more than you needed, then you could simply ask any of your friend or colleague who is ready to support you during such an unfortunate time. You won’t be under any kind of pressure that the interest will accrue or the asset you provided as collateral will be lost. However, if you don’t want to damage the bond that you have with them, try to pay the money as soon as possible. Doing this will give a good gesture and will have a good impression as well.
Wrapping up, these were some of the most appropriate and effective ways to get quick cash during the time of financial emergency. You can go with any one of them which you find most suitable according to your scenario.