MAKE MONEY TODAY WITH 5 SIMPLE WAYS

1. ADVANCE SALARY PAYMENT

Do you know that your company will soon be working overtime or that your vacation or Christmas bonus will soon be paid out? Ask your company about an advance salary payment. These options are available:

• Normal advance payment: You are paid out a certain amount and receive an agreed amount less in the following months.

• Advance payment for overtime: If you know that you will be working some paid overtime in the near future, you can ask your supervisor for payment in advance and then work the overtime.

• Advance payment of 13th or 14th salary: If you know that you will receive your 13th or 14th salary in the foreseeable future, you can ask your supervisor for an earlypay out.

Of course, it is always important that the agreement suits both your employer and you.

2. INCREASE ACCOUNT OVERDRAFT LIMIT

To get money quickly, you can ask your bank manager (also online) to increase your overdraft facility. As a rule, the amount of the limit depends on your monthly salary - but an exception may be possible under certain circumstances. It is important that you prepare a financing plan.

3. TAKE OUT A LOAN

You have various options for taking out a loan:

Bank loan: You ask for a bank loan online or in person. You tell your advisor what you need the money for. Your credit rating will then be checked and the bank will check your last 3-6 payslips to find out whether you can afford the loan installment. However, it will probably take at least a few days before the loan is paid out.

Private loans: Platforms such as Giromatch can put you in touch with private lenders. In this case, you also state the purpose for which you need your money. As a rule, your financial status is not completely checked, but private lenders also require certain collateral. In this case, the interest rates are lower than for an overdraft facility, but probably higher than for a bank loan. One advantage is that you can be paid out much faster than with a bank loan.

Pawn loan: With a pawn loan, your financial status doesn't matter. All you need is collateral that you can use as security. This remains in the pawn shop during the term of the loan and is returned to you after repayment. In this case, you are not personally liable, but only with your item. Here you can find out immediately how much money you can borrow for which item. Payment is usually paid outon the same day, and the item can also be handed over by post - in this case, payment is made after your item has been received by the pawnshop.

4. SELL ITEMS

You have various options for selling your items:

Platform: Upload photos and information on Willhaben, Ebay or another platform. You can achieve the highest price with a private sale, but you have to wait for a buyer first.

Brokers: If you don't want to sell your collateral yourself, you can take it to companies such as wiederverkaufen.at. The main disadvantage here is that, in addition to the fees for the intermediary company, you still have to wait for a buyer. Your items are only taken on consignment and not purchased immediately.

Direct sale to a retailer: If you sell your collateral to a retailer, they naturally want to make money from it. You therefore usually get paid the retailer's purchase value (usually between 70 and 80%) - but you don't have to wait for a buyer and your item doesn't lose any more value, as is the case with electronics, for example.

Here you will find examples of dealers who can buy your items immediately:

5. ACCEPT JOB WITH IMMEDIATE PAYOUT

If you still need money today, you can look online for companies that need employees on a one-off basis and pay for the work as soon as it is completed. There are many companies that are looking for someone for the same day. Here are a few examples of job offers with immediate payment:

• Extra or extra for film or advertising - Click here for the shooting dates

• Day job as a waiter* - Click here for the current offers

• Day events - Here you will find a selection of options in Germany