How To Deal With Inflation And Get Extra Cash
Inflation can be a real downer, especially when it feels like half your paycheck is suddenly being spent on products that are way more expensive than they used to be. There are, however, some great options to save and earn some extra money despite the rise in inflation.
You can save money during rough times by putting together a budget of your wants and needs and spending accordingly. To make extra money, you can start filling out surveys for cash, negotiate a raise with your boss, or sign up to be an Uber driver.
4 Important Ways To Deal With High Inflation
There are a number of methods for how to deal with inflation to try to make ends meet during this period of inflation, and for several of them, you can get started right from the comfort of your own home. The rest of this article will discuss these great ways to deal with inflation and get extra cash.
Recognizing when they need budgeting is often really hard for people to hear, especially those who don’t think they need any help managing their money, but the truth is that everyone can use a little more scrutiny with how they spend their money.
Put together a list of what you spend each month and look at where your disposable income goes. Are you putting enough into savings and retirement? Do you tend to spend most of your paycheck before dealing with your monthly bills?
These are all important questions to ask yourself in the question of how to deal with inflation, and if you struggle to manage your money effectively, there are a number of simple, free apps out there that can help you track spending and narrow down what’s important.
2. Filling Out Surveys
It might seem like a small gimmick to earn a bit here and there, especially when you’re wondering how to deal with inflation, but if you’ve got the extra time, why not fill out some surveys to earn a little bit of money? Most only take 5-10 minutes to complete, and best of all, you can redeem your earnings straight to your PayPal account.
If you’re just not getting the hours you need at work or have a little bit of extra time on your lunch break, using an app like SurveyJunkie can be a good option to earn a bit of extra money.
3. Negotiating A Raise
Another way you can try to earn extra cash during hard times is by negotiating a raise with your boss. Before you go in guns blazing, it’s super important that you don’t ask for a raise under the pretext that you need more money.
While your employer may empathize with you, at the end of the day, the company has a bottom line to meet. Sell yourself and your achievements fairly and honestly. Express your commitment to the company and the value you bring to the team, both now and in the future.
Doing so paints you in a positive light such that a raise is less about the money out of pocket for the company and more of an investment in the future of that company.
4. Delivery Services
Whether you want to drive people around or deliver groceries and food, there are several ways you can use your car as a means of dealing with inflation. Apps like Uber and Lyft are services where you can get people where they need to go and get paid for it. Others like GrubHub and DoorDash are good options for making money by delivering food.
The best part about these job opportunities is that you have complete autonomy over when you work. Got a spare hour, and there’s a job near you? It’s all yours.
If driving helps you relax in the evening, then it might be a good option to convert that into a way of making some extra cash.
How Alabama Title Loans, Inc. Can Help With Inflation
In tough times, there may be bills you struggle to pay or repairs that hit you out of the blue. Whether it’s a medical emergency, major repair, or travel expenses, Alabama Title Loans, Inc. can help you out with an Alabama title pawn of up to $15,000.
As long as you have a driver’s license or state I.D. and a lien-free car title, you can apply. The in-person process can take as little as 30 minutes, and after the inspection, you can get your money the same day or the following business day.
Get Started With An Alabama Title Pawn Today!
Inflation is profoundly frustrating, but thankfully, you’ve got options when it comes to both saving your money and earning a little extra cash on the side. There are several reasons why a car title pawn might be a good option for you, especially as you’re trying to figure out how to deal with inflation. Whether it’s big bills you can’t pay, medical expenses, or home repairs, an online title pawn can get you the cash you need 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.