Have you recently lost the job that you and your family relied on for financial support? Are you unemployed and slowly draining away the emergency funds you’d saved for if you ever lost your job? If so, then it’s time to take action!
Believe it or not, there are still several things that you can do to make money when you lost your job. Pick yourself up, dust yourself off, then get back to it!
See below for an in-depth guide highlighting several ways that you can make money after you have lost your job. Use these to take back control of your situation.
1. Car Title Loan
We know, we know. You’re probably thinking “I just told you I lost my job, now you want me to get a loan?!”, but hear us out!
Car title loans aren’t your typical loans with APR rates and thousands of dollars involved. They’re used for situations where you need access to a tiny bit of cash, such as losing your job, paying your bills, and so forth.
As the name would imply, car title loans allow you to get quick cash by temporarily handing over your car title in exchange. They only take about 30 days or so to pay off. Once you’ve paid them off, you get your title loan back.
If you’re looking for a car title loan unemployed, then you will want to make sure you join forces with the right company. Make sure that you look into the online reviews on the company that you take the car title loan from.
Also, take the time to understand the details of the loan. Is the title loan provider willing to work with you since you’re unemployed? Do they understand the situation that you’re in? How can their terms help you? Be sure to ask as many questions as possible.
2. Freelance Your Skills
No matter when you lost your job or why there is something that you take with you wherever you go: the experience you gain from that position. No matter what job it was, those are skills that few others possess. Use that to your advantage.
These days, companies big and small are looking for people that they can pay to perform a service a few times, without having to hire them.
For example, if you’re a carpenter, then there might be a few families in your area that want to remodel their kitchen. You can help them do that and get paid handsomely for it!
Whatever skills you have, post them online and reap the benefits. Freelancer and Upwork are the two most-used platforms for both freelancers looking for work and employers that are looking to pay them.
Many people actually start doing freelance work to make ends meet, then never end up returning to a full-time job. Once they find the freedom to work and essentially run their own business, they don’t want to go back to reporting to one person.
Whether you go that route or not is completely up to you. For now, freelancing your skills can help pay the bills.
3. Do Some Dog Walking
Many people use this unexpected transition to focus more on their health anyways but taking more long walks. Why not get paid to do that with a few furry companions by your side?
These days, dog walking services are all the rage. Rover and Wag are two of the best dog walking apps out there. You can build a profile, establish a rate, and make your own hours based on when people want you to walk their dogs.
If you have a soft side for cute pups, then this job is a no-brainer. It gives you the extra money in your pocket that you’re in search of while getting more steps each day and hanging around dogs, which has been proven to improve your emotional state.
4. Sell Your Junk
The collector in us wants to hoard things. It’s hard to get rid of certain items once you have built an emotional attachment to them. You know who you are.
But now, the time has come where you need to see if that junk is worth anything. Even selling a few small things here and there can help make ends meet while you search for your next full-time opportunity.
Start by grabbing a notepad and pen, then walk around your house listing anything that you could potentially sell. If it’s gathering dust in your closet, why not sell it to make a few extra bucks?
5. Start a Blog
If you’re the type that enjoys writing and talking about things you’re passionate about, then a blog is a great way to get some side money.
Granted, it takes a bit of time to make the blog profitable. You will also need to learn a bit about search engine optimization to get your blog in front of your niche market.
But right now, you have nothing but time! Why not use that extra time and freedom to learn a new set of skills? It could be the life-changing opportunity you needed.
Give These Money-Making Side Hustles a Chance When You’ve Lost Your Job
Now that you have seen an in-depth guide with several money-making side hustles to try when you’ve lost your job, it’s time to take advantage.
Be sure to consider the current skills and knowledge that you have, then use it to pinpoint the right avenues to make side money.
Also, make sure to browse our website for more articles on how to make side money, as well as many other helpful topics that you will enjoy.