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What to do when you run out of money?
You get paid bi-weekly on Fridays. Two days after you get paid, you are already out of money.
Does this sound too familiar?
So, what do you do when you run out of money? We’ve been in this situation many times and we have learned a few things to help us make sure we don’t run out of money.
What to do when you run out of money:
1.) Find something to sell.
A few months ago, we had an unexpected expense pop up that we did not budget for. Because of that, we had depleted our two-week budget almost immediately after we got paid. We had two choices at that point – be broke and out of money for the next two weeks or find something to sell to make up for the loss.
I decided to take an old diamond ring that I never wore and sell it to a jewelry consignment store for $100. This $100 was the exact amount of money that we had to pay out for the unexpected expense, so it was a win! I could have also sold it on Ebay, but that sale wouldn’t have happened so quickly!
Often times you have the money already laying around in your house and if you are willing to part with those items it can help you get back on track.
If you aren’t sure what you can sell, there are so many things you can make money from. You can sell used books online, you can learn how to sell on Poshmark (clothing sells great on Poshmark), check out these things to sell to make money as well.
2.) Eat out of your pantry.
Once in a while, we take a week where we challenge ourselves to eat out of the pantry. What this… Read More
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