Short on Cash? 12 Ways To Make Ends Meet

Do you feel like the task of making ends meet is a struggle? Have you ever wondered how people who are short on cash make it work? Well, we have, and here’s what we’ve found. There are many ways to make ends meet in this world – but only some of them will work for you. After all, they say that one person’s trash is another person’s treasure. And so this article contains 12 different ideas on how to save money! From taking a loan to living on less, there is something for everyone. Some may be obvious while others might surprise you. Read on to find out how you can cut costs, make savings, and get out of debt.

1. Take A Loan

As we already mentioned, some options are obvious and one of those is taking a loan. If you lack the financial means to get out of debt, don’t be stubborn and don’t avoid taking a loan. It’s not the end of the world, and it might even help you improve your situation in the long run – by helping you pay off your debts and establish a healthier financial situation. There are many types of loans you can choose from depending on your situation, but some of the most popular options include personal loans, mortgage loans, payday loans, car loans, and many more. There’s also a title loan, which according to is a short-term loan that uses your vehicle’s title as collateral. For this type of loan, no credit check is required, and repayment is usually due within 30 days but can be extended with an installment plan if needed. The amount available for you to borrow will depend on the value of your vehicle. So, consider what type of loan would work best for your situation. You can apply online or in person, and one thing is sure – don’t miss the opportunity to take a loan when it’s presented to you!

2. Cut Non-Essential Expenses

If you want to save money, try cutting back on non-essential expenses. This means reducing spending on shopping, coffee, cigarettes, subscriptions to online streaming services like Netflix and Amazon Prime Video – the list goes on! The easiest way to do this is to make a list of all your expenses for one month. Then go through each expense and ask yourself whether you really need it or not. If there’s something you can live without, cut it out. It might not sound easy at first, but it will get easier with time. Start small and gradually reduce spending to reach your goal of saving money. After all, it’s easy to subscribe again once you gain financial stability.

3. Sell Your Old Stuff

Another way to save some cash is to sell stuff you no longer use – whether it’s clothes, books, electronics, toys, or anything else. This is an easy way to put some extra money in your pocket and get organized at the same time. For instance, you can sell quality clothes on eBay or Craigslist and make some extra cash. Or you can sell used textbooks and other school materials to bookstores and online retailers like Amazon. The amount of money you get will depend on the item itself and how much demand there is for it, but remember that prices vary so look around before making a final decision. You can also participate in an annual community-wide garage sale to get rid of all the stuff you don’t need.

4. Get A Side Hustle

A side hustle is a second job, but not in the traditional sense. The idea is simple – if your day job doesn’t make enough money for you to save and pay off debt, why not try something else? Maybe you could sell handmade items on Etsy? Or you can be a writer and publish your own texts. You could even give your hobby a try by offering to do it for other people. For example, if you love baking cupcakes, buy some cupcake wrappers and offer to bake them for parties and events in the area. There’s also Uber, Lyft, and other ride-sharing services you can try out. Or maybe even become a tutor or teach a foreign language? There are countless side hustles you can choose from to make extra money – the list is endless!

5. Become A Market Research Participant

While some people avoid taking surveys in their spare time, others see it as a fun and easy way to make some extra money. Plus, market research participants get the chance to try out new products before they hit the shelves! These are just some of the benefits you can enjoy by completing online surveys, participating in focus groups, or testing new products. From children to the elderly and every age group in between, market research participants are needed for a variety of studies. That’s why you should keep an eye on the market research opportunities directory!

6. Participate In Medical Studies

If you’re healthy and fit, you could earn some cash by participating in medical studies. These can include anything from testing out new drugs and equipment to observing medical procedures. As long as you meet the age and health requirements, that’s all it takes. Keep an eye on local universities and healthcare facilities to see what medical studies they’re offering – this might change based on the time of year. Keep in mind that some studies can pay up to $1,000 for one visit! However, also keep in mind that every medical study comes with a certain level of risk. It’s up to you whether or not the benefits outweigh this risk, but it’s important to make an informed decision regardless.

7. Rent A Spare Room Via Airbnb

If your house is big enough and you have a spare room, consider renting it out via Airbnb. This money-making idea isn’t for everyone, but it could definitely help you save extra cash during these tough economic times. Plus, if you live in a sought-after area, the price will be higher than average. The amount of money you get depends on how much demand there is for rooms like yours – this means that renting out your spare room (or even guest bedroom) to out-of-towners is a great way to make some extra money. You can even rent out your entire house if you have another place to be! Just remember that renting through Airbnb comes with its own rules, so be sure to familiarize yourself with them before making any decisions about renting out your space. Also, make sure to check any local regulations and laws before renting out your space.

8. Pawn Your Valuables

If you’re in a particularly bad spot financially, then you might want to consider pawning (or selling) some of your valuables as a last resort. This is especially true if the items are extremely valuable and won’t retain their value for very long. Most pawn shops will pay you for items based on how much cash they can get from selling them at their store. This means that, depending on the price of gold and silver (for jewelry), the amount you’ll receive could be worth thousands or even tens of thousands of dollars! You should always make sure to pick up your items as soon as possible, though. This way, you can either make the money you need or keep the items you pawned. If not, then they’ll be sold and you definitely won’t get a refund!

9. Set Up A Monthly Budget And Stick To It

Whatever your situation might be, setting up a monthly budget is an absolute must. No matter how much or little money you make, you need to know exactly where your money is going at the end of every month. This way, you’ll be able to find ways to cut back on non-essential expenses and use that extra cash for more important things – like paying down debt or building your savings. Even if you only have an extra $10 each month, make sure you find a way to put that money somewhere where it will do some good! To set a monthly budget, start with your income. Write down how much you make each month after taxes are taken out. Then, look at your spending habits to see where your money is going every month – this might include bills, food costs, transportation costs, dining out expenses, entertainment expenses, shopping sprees, and more. Once you have a good idea of where your money is going each month, then you can start planning accordingly.

10. Track Your Spending 

This tip goes along with the previous one –  if you want to set a monthly budget, then you need to know where your hard-earned money is going each month. The easiest way to do this is to track everything you spend. This can be done either by using an old-fashioned pen and paper or with the help of apps like Quicken and Mint. These tools allow you to easily and quickly enter in expenses, then sort them into different categories (for example, you might put your rent expense under the ‘Bills’ category). At the end of each month, take a look at how much money is left over (the amount you’ll be able to put towards savings or other important things) and if you’re within the budget that you set. Another idea for tracking your spending is to apply the 50/30/20 rule to your budget: 50% of your income goes towards necessary expenses, 30% goes towards wants and needs that aren’t necessarily essential (like dining out and shopping), and 20% should go into savings. 

11. Stop Eating Out

Another simple way to cut back on your spending is by eating at home instead of dining out. This may seem like a no-brainer, but it can definitely add up over time – and we all know how expensive dining out in America has become! Not only will you save money on the food itself, but you’ll also be able to eat healthier by choosing ingredients yourself. If you want to go one step further, you can even plan your whole monthly menu. Doing this will give you an idea of how much food your family will need, then you can go grocery shopping accordingly. This way, you’ll only buy exactly what you need to avoid waste and any excess spending.

12. Start Saving Each Week

Last but not least, another great way to boost your funds is by building up your savings. Don’t wait until the end of the month to save up your extra cash – that won’t be enough time for it to grow! Instead, try setting aside a certain amount each week and then putting it in a separate account (don’t touch this money unless you’re absolutely desperate). This is will allow you to build up a good amount for emergencies or other important things in your life. It doesn’t matter if it’s just 10 or 20$ at first, as long as you start somewhere. Just make sure you keep saving each week until you have enough for your goal!

Making the ends meet can be a challenge, but it’s definitely not impossible. These twelve tips will help you get started on finding ways to save money and make some extra cash. Whether you take out a loan, sell your old stuff, or start saving each week, just remember that every little bit counts. You can also get a side hustle as a driver for Uber or Lyft, pick up some freelance work, or become a medical study participant. However you decide to make ends meet, always remember that getting out of debt requires some commitment and sacrifice! It will definitely be difficult at first – but if you follow these tips, it will get easier with time. So get started today and watch your finances improve! Hopefully, this article helped you better understand what it takes to make ends meet and how to start creating a budget, tracking your spending, etc.