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How to Get Money When You’re Broke with No Cash

Even the most successful of people have found themselves broke at some point or another. If you’re in this situation right now, you may be wondering how you can make a quick buck or two. Maybe you spent your whole paycheck too soon or maybe you’ve recently found yourself out of work.

Whatever the reason may be, here are six quick ways on how to get money when you’re broke:

1. Sell Stuff that You Don’t Use Anymore

In today’s digital world, there are so many apps and platforms that help you sell your stuff. Apps like Letgo, VarageSale, and Kijiji all make it easy to post photos, descriptions, and prices for your items.

Even Facebook has an outlet to help you sell your old stuff: Facebook Marketplace. Simply upload the necessary information and your stuff will be live for people in your general area to browse.

Place your items at a competitive price, respond to any questions from potential buyers, arrange to deliver the item as soon as possible and you’ll have your cash in hand in no time!

2. Take Out a Payday Loan

A quick way on how to get money when you’re broke is to take out a payday loan. You can choose how much money you would like to borrow, all without needing a credit check.

Typically, you can borrow anywhere from $200 to $1,500, or up to 50% of your income. This money can be borrowed against your employment income, child tax benefit, or your seniors’ pension.

The best part about a payday loan is that once you qualify, you can have your cash in hand the very same day!

All you need to apply for a payday loan is one piece of government-issued photo ID, a blank personal cheque and/or pre-authorized debit form, a 60-day bank statement from date of application, proof of address, and your most recent pay stub.

3. Pick Up Thrifted Items and Resell the Items for a Markup

It’s always fun to go to the thrift store and do a little shopping. There are always some treasures lurking – you just have to find them.

Set some time aside and go browse through your local thrift stores. If there is more than one store near you, visit all of them to increase your chances of finding something at a good deal that is worth reselling.

Then, head to your selling apps and get the items posted. Use your judgment and a bit of research to see what you should list the items as. Hopefully, you’ll make a quick sale that results in money in your pocket.

If the first few items go well, you can really use this as an ongoing way to make some cash, not just when you’re broke.

4. Become a Dog Walker

Check online to see if there are any dog walking services near you. If so, call them up and see if they need someone to walk the dogs. Usually, these places can use an extra set of hands.

Alternatively, you can advertise yourself as a dog walker on Kijiji or Craigslist and then promote yourself on your social media accounts, saying that you’re looking for dogs to walk. You may get a client or two that needs your services every day.

Dog walking is an easy way to make money when you’re broke, plus you get to spend time with animals! It’s a win-win!

5. Put a Room in Your House on Airbnb

Do you have a room to spare in your house? A good way to make cash is it list in on Airbnb, especially if you live in or near a city or a popular tourist destination. By having the room listed at all times, you will have a greater likelihood of renting out the room numerous times a month.

This could be really helpful when you’re broke. Especially, if you have guests coming in and out quite regularly.
Once you get set-up and start hosting guests, you should see money coming into your bank account in around three weeks or less.

6. Sell Your Freelance Skills on Fiverr

In today’s gig economy, companies are always looking for people to help out with a wide variety of tasks. Create an account for yourself on Fiverr and see what tasks you can pick up. You will need to do more than one task, but if you have the time, it can add up to a nice chunk of cash.

Once the task is completed, you should see the money in a few days. There’s nothing to lose by trying this, and who knows, you may like it so much that you start to spend even more time doing tasks and making money!
We hope these six ideas will help you make some quick cash when you’re broke!