7 Ways To Raise Money When Unemployment Benefits Run Out
How can you raise money when unemployment benefits run out? If you’re strapped for cash and struggling to get a job, these tips can help you raise money for bills or other urgent emergency expenses.
Remember These 7 Tips When Your Unemployment Benefits Run Out And You Need Cash
1. Sell Items Online
You can start by selling things you don’t need, like clothes, books or sports equipment that you barely used. Of course, the big money lies in collectibles like action figures or vinyl records in mint condition – if you happen to have those in your home, you’re sitting on a gold mine.
Once you get used to the online selling platform, you can try going into a more regular buy and sell business. You can earn commissions from selling items for other people, or buy goods at bulk prices and then sell them at a higher price.
2. Become An Online Freelancer
Join freelancing sites like Fiverr or Upwork, or look for specific job-matching sites for your field like Upwork, Fiverr, or even LinkedIn. You can find hundreds of job postings that can tide you over when unemployment benefits run out.
While these sites usually have short-term projects, there are also regular gigs – such as encoding or virtual assistant work -- that will pay you by the hour.
3. Create Webinars Or Online Classes
This is a great way to earn money now and also market yourself and your skills as you look for a more regular job. You showcase your knowledge and experience, build yourself as an authority, and may even gain a following – all of which are plus points in any job application.
You can make webinars or online classes on anything. What are you good at or knowledgeable about? What kind of questions would people usually ask you, or what problems can you help with? Lisa, a daycare worker who lost her job during the pandemic, started a YouTube channel on fun craft activities for kids. Simon, a former computer programmer, posted software tutorials on Udemy.
It will take time for the classes to gain traction and you can earn money from views or from class fees, but once they do, the income will certainly help when unemployment benefits run out.
4. Get Paid To Write Reviews
Sites like UserTesting, Influence Central, Inbox Dollars, and Life Points will pay you money to write reviews or fill up consumer surveys. While the money isn’t that large – the average is about $10 per review – it’s really easy work that you can do in your free time.
5. Become A Delivery Driver
If you have a driver’s license, you can get a side hustle as a delivery driver for a packaging company or restaurant. Online orders have actually increased during the pandemic, so there’s definitely a demand for this type of work.
While some establishments will have their own vehicles, you have an edge if you own a motorcycle, truck, or car. So when unemployment benefits run out, you can drive your way out of a dead end.
6. Help Students Get Straight A’s
If you got high grades in school, then this side hustle is the perfect way to raise money when unemployment benefits run out. You can become a tutor, create videos that explain topics, or even write essays for websites that create student samples.
7. Apply For Car Title Loans
While these jobs can help cover monthly expenses, they won’t be enough to raise a large amount of cash in a short amount of time. You still need a safety net or backup plan for emergency situations like car repairs or medical expenses – especially when unemployment benefits run out.
What Are Car Title Loans?
Car title loans are short-term loans where you use your vehicle’s lien-free title as collateral. You can qualify for anything between $300 - $2,500 depending on your vehicle model and condition. This loan does not require a very high credit score or perfect credit history, so everyone is welcome to apply.
What Kind Of Vehicles Can Be Used For Car Title Loans?
Don’t be confused by the term; titles from trucks and SUVs can also be used as collateral for title loans. The only requirement is that the vehicle has to be fully paid off and the title has to be in your name and lien-free, which means that there are no outstanding loans or judgments against it.
The best thing is you don’t have to relinquish your vehicle when you are repaying the loan. We are using your title as collateral; the title stays with us while the vehicle remains with you. And once you repay, the title will be returned to you.
How Long Does It Take To Apply For Car Title Loans?
At Mississippi Title Loans, Inc., the entire application process takes less than 30 minutes to complete. You just need to go to one of the stores or have the loan representative come to you, present your documents and go through a vehicle inspection to determine the amount you qualify for. They will then decide if you qualify pretty quickly.
If you’re comfortable with the terms, you’ll have to complete a few documents and receive the money on the same day or the next bank business day at the latest.
How Do I Apply For Mississippi Car Title Loans?
We here at Mississippi Title Loans, Inc. have a simple and convenient process. Just go to our website and fill out the online form. One of our representatives from the branch nearest you will give you a call. You can either go to the branch or if it’s more convenient for you, you can arrange for the representative to meet you.
When you meet up, remember to bring your driver’s license or state-issued ID, your lien-free title to your vehicle, and your vehicle. The representative will examine your documents and conduct a quick vehicle inspection.
They will then determine if you qualify for approval. If you do, they will go over the loan terms and have you finish some paperwork. Once finished, you will get the money either the same day or the next bank business day.
Help Your Unemployment Benefits And Emergency Expenses, Today
Don’t worry when unemployment benefits run out – there are plenty of options to help you out. Whether it is these money-making tips or using title loans for emergency expenses, you have options to help you out. And if you do want title loans, fill out our online form today.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.