Sure-Fire Methods Of Raising Instant Cash
Save MoneyConsumer Literacy Consortium Transportation Airline Fares 1. You can lower the price of a roundtrip air fare by as much as two-thirds by ..... ...... at least $1,000 and if you have 3- such accounts, you can write three $1,000 checks, and be on your way with whatever you need instant cash for . Another source of money is your circle of friends and relatives. Therefore, it's always to your benefit to make friends, encourage them as necessary, and keep them believing in you. One of the easiest of all money-raising ideas to promote amongst your friends and relatives is the sale of "private stock" in your idea or project. For instance, if 100 of your friends and relatives were to give you $100 each, you'd have $10,000 with which to either jump into or launch a new venture.
And by-the-way, it's always important to have at least 3 people you can count on to co-sign a note or loan for you if the need should ever arise. Loans against life insurance policies are another source of "no questions asked" instant cash. You simply borrow against the cash value of the policy, and in most cases, the interest you pay is far lower than against other loans, plus you never have to pay it back nor will your insurance policy lost value, so long as you keep the interest payments up to date.
Using Credit CardsINTRODUCTION: SHOP. Smart consumers do comparison shopping when looking for credit such as a mortgage ..... Still another avenue to explore is the feasibility of using your insurance policy as collateral when you don't seem to have enough unassigned collateral otherwise. If you're buying the home you live in, and have a conventional home mortgage, you can often-times borrow against the equity you've built up. Generally speaking, if you buy a home for $50,000 - live in it and make regular payments on the mortgage for 10- years - the value of your home has probably increased to the neighborhood of $100,000 and conceivably, you could borrow $50,000 against your equity. In these times of tight money, this is a most intelligent method of coming up with the cash you need to start a new business.
There's also a lot of possible instant cash just lying dormant in people's attics, basements and garages. Go through all the things you've got stored - you may find valuable heirlooms, priceless antiques and collectibles that other people are looking for, and willing to buy from you. And, don't forget all the money you've loaned out to friends, neighbors and/or relatives over the years - check your memory and get in touch with these people - ask for repayment.
Finally, if you're wanting to start a business, and you've got your business plan all together, don't be afraid to take it in and show the people at your commercial bank. These banks - as opposed to regular savings banks - are always on the lookout for new businesses to invest in, and are willing to take risks - they'll welcome you with "open arms" and can really help.
|
