Money Archives - UnemploymentData.com

Being in between jobs can have you worrying about how you’re going to pay your bills. Fortunately, there are ways to stretch your dollar so that you can sustain yourself financially until you can find more work. These tips can help you preserve your finances while in between jobs.

File for Unemployment

It seems unemployment always lasts longer than you think so, the first step when you become unemployed is to always file for unemployment if you are eligible (even if you think you will only be unemployed for a short time). Remember there is processing time before your benefits start and if you wait too long you might miss out on some benefits. Also, be sure to keep up with your paperwork so you don’t miss some benefits during your unemployment. These days you will probably be able to file online so the process should be relatively quick and painless. However, if you have a special situation you may have to call or visit your local unemployment office. Be sure to check to see how much your state allows you to earn and still be eligible to receive unemployment. Then you can consider picking up some side gigs.

Cut Expenses to the Bone

Generally, unemployment benefits don’t equal your previous salary so [Read more…] about Stretch Your Dollars While Between Jobs

You’ve probably been told that you need to spend money to make money. That’s especially true when starting a business. Unless you have cash sitting around in your savings account, you’ll probably need to look for some other sources. Here are some options.

Sell Your Car

Even if your car is not in great condition, you can still get some money for your junk car. Companies exist that will buy cars in any condition. It doesn’t even need to be capable of moving under its own power.

Lean on Family and Friends

It might not feel good to ask your friends and family for money, but you shouldn’t rule it out. Someone might even surprise you by having more money and generosity than you expected.