How to Make it Until Next Payday

If you have $100 to $200 dollars cash left until next payday and are thinking that you may have to give up your weekly manicure or forego going to the movies this weekend, then this article is not for you. This is for the truly honest-to-goodness "I have NO cash, no food, no gas, and don't know what I'm going to do until next payday" person.

Hopefully, proper money management will keep you out of this situation. Many unexpected life events can occur, however, where you may at some point find yourself here. So, don't be too judgmental.

First tip, save on gas. If you don't have to drive, DON'T! You need the exercise anyway. Take the shortest route if you must drive. Carpool if you can. Call a friend who is going to the same place and see if you can catch a ride. You can return the favor someday.

How much loose change do you have around? You might be surprised. Once, after I rounded up all the change I had, I had an extra $15. Don't laugh! It's money...

Eat what you have. Most people, if they take an inventory of their pantry, will find SOMETHING to eat. It may not be what you want, but it is food. Eat it and save your money. Also, try cooking a "batch" of something that you can eat for awhile, like a huge pot of soup!

If you can hold off paying a few bills until you get the next paycheck, do it. You may have to call and explain you will be a few days late. Do call however. Most people will appreciate your honesty and will try to help if possible. Don't just leave them hanging with no explanation. Call and tell them when they can expect to receive a payment from you. This may keep them at bay until you can get paid again.

If you have to make payments and don't have enough money to do pay them all, start with the essentials. First, you have to have a place to live, so pay your rent or house note. You also need electricity, for obvious reasons. Many people who write for a living have to have internet service. If you must travel long distances to work, you also have your car note. Rent, utilities, and food are likely your first priorities. Everything else is secondary. Even though, it bothers you not to pay the others, you have to pay the essentials first. Just try your best to catch up as soon as possible. All you can do is your best.

If you find yourself in this situation, try to expand your money-making opportunities. Freelance writing, of course, is one. Also, many people hire others to mow lawns or do other yard work. House sitting, childcare, there are many money-making opportunities out there. If you can manage a part-time job somewhere, this is also a possibility. These are just a few ideas to try to help you over the hump until you can improve your financial situation. Completing your degree is also a great idea!

Sources:

Personal Experience