5 Things To Start Doing When You Are Broke And Need Money

August 5, 2021 | Louis Tully

broke and need money

If you're broke and need money, life can feel stressful. You may feel unable to pay your bills on time, which may add up late fees and negatively affect your credit score.

But the truth is, even when you are out of money there are always options you can use to help you deal with urgent expenses, such as Utah title loans, and things you can do to get back on your feet, let’s have a deeper look into these.

5 Things To Do When You're Broke And Need Money 

What are you supposed to do when you're broke and need money? While cash may not grow on trees and traditional banks may hesitate to qualify you for loans, there are still things you can do.

When you are broke and need money, it can be a stressful cycle, especially when considering that most people in this country have less than $3,000 available in savings for unexpected expenses and emergencies. 

But instead of giving up, you can try these five tactics today: 

1. Find Some Unwanted Items To Sell

Your home, attic, or garage may be full of stuff you no longer want or need, so why not turn those items into quick cash? You can sell your things on a social media platform or host a yard sale at your house. Either way, you stand to make at least enough money to cover one or two of your late bills. 

TIP: Choose items like old furniture, gently used clothes, and housewares for maximum earnings. 

broke and need money: use your skills as a side gig

2. Turn One Of Your Hobbies Into A Side Gig

Is there something you love to do? Would you do it if you never got paid for it? Then that's what you should use for extra cash. Turning your favorite hobby into a side gig is a great way to boost your bank account without feeling overworked. It's also handy for improving your skills and abilities along the way. 

TIP: Think about the types of things your friends and loved ones would enjoy buying and make those. 

3. Approach Your Community For Help

Many communities have programs designed to help individuals and families in need of immediate financial assistance. You may qualify for assistance with rent, utilities, phone services, and food. However, keep in mind that the application process isn't always easy, and you're limited when it comes to how much you can receive. 

TIP: Gather your personal financial information before requesting this type of assistance to shorten your wait time. 

4. Pawn Your Jewelry, Instruments, Or Appliances

It may become extremely uncomfortable for a while, but pawning your personal items is a quick way to get cash fast. You give up possession of your items for a quick lump sum and then try your hardest to pay it back before your stuff gets sold. It's risky, but it's always an option when you're broke and need money. 

TIP: Do business with a pawnshop that has generous and flexible policies, so you don't lose your stuff. 

5. Look For Title Loans Near Me

If you're broke and need money but don't want to pawn or sell your stuff, there's an option for you too. It's the title loans Utah offers, and it allows you to keep possession of your car while using it as collateral for your loan. With this type of loan, you can get as much as $15,000 in Utah if you meet the qualifying qualifications. 

TIP: You must be at least 18 years old and own a vehicle to qualify for title loans in UT. 

title loans near me

How To Find Title Loans Near Me 

When you are searching for your options when you are broke and need money, you can consider title loans near me and take care of your money problems swiftly. Here's how to get a title loan by the end day: 

Step 1 - Submit The Requested Information For Consideration

Utah Title Loans, Inc. makes the loan process easy and streamlined. To begin, you simply need to fill out the short intake form on Utah Title Loans, Inc.

An agent will review the information immediately and get back to you by phone. You'll have the chance to ask questions and receive instructions for the next step. 

In many cases, you don't even have to leave your house to finalize the deal. If needed, your agent can travel to your location at your earliest convenience. 

Step 2 - Provide The Required Items For Approval

The title loan agent will request the following items to approve you for a title loan in Utah: 

  • Your government-issued photo ID.
  • The vehicle for a quick appraisal.
  • The lien-free title of your vehicle (listed in your name). 

Bring along some banking information as well. That way, you can get paid even faster.

Once the agent reviews everything, they will inform you if you qualify. If you do, you can receive your loan on the very same day!

Get The Money You Need Today

when you're broke and need money, bills can feel daunting and the fear of falling behind is a reasonable fear. But there are options that can help you even in situations like this. Submit an online title loan form today to get started.