I need a small payday advance to make it Thursday (min. $50). I don't have any credit I can use and no EF. What do I do?
Y'all, I've never been in such a worse spot as I am today with my finances. I don't know what happened this month but it sent me into the hole almost $400 and with my EF being drained, my wife out of town not working, I don't have cash for an important purchase I need to make. I've never felt so broke in my life. But I absolutely need to get steel-toed boots before tomorrow for work. There was an issue at work that came up, idiot me didn't have mine, and I'm pretty certain my boss is going to chew me out tomorrow if I don't show up with them. I'm already beating myself up over that and then the financial aspect just has me in an uproar.
What do I do y'all?
It's not an ideal situation, but if you have direct deposit you can use an app called Earnin to get some of your paycheck sooner. It's then debited from your account once the actual paycheck hits, but unlike with predatory payday loans there is no interest charged. However, I do believe that you have to have had the app for a while before you can request funds. So I don't know how much it would help you right now, but it might be an option for in the future until you can manage to get to the point where you are no longer paycheck to paycheck. I used it once or twice when I was first starting out with YNAB and didn't have any savings or much of a cushion.
Since you are in a time crunch, you might try asking some trusted friends if they can either help contribute to your boots or let you borrow a pair. Also, if it's a necessary work-related expense, you might be able to explain the situation to your boss and see if there's a way to get the advance and have the cost of the boots taken out of your upcoming paycheck . Ideally the company would pay for your boots since they are PPE and you need them for your job, but I know that doesn't always happen. Good luck and I hope you find a solution. Keep us posted!
Violet Rain said:
explain the situation to your boss
Also, I'd try to do that ahead of time. Like right now.
It gives the boss a chance to help think of solution without being put on the spot. If the boss thinks your time will be spent on certain project tomorrow, but it is instead spent trying to problem-solve the boots, it won't help matters.
It can be a tough phone call to make, but try saying things like "I'm coming to you for some help/advice. ...been working on trying to find a way to fulfill the safety requirements because I know it's important to maintain safety protocols as well as efficiency by being prepared at work... However, I'm in a rough spot (details up to you, I'd keep it brief). Do you have any suggestions for how I can be properly prepared for tomorrow?"
I've found a frank and honest manner works best. Even if the actual interaction doesn't necessarily improve (you said it would be bad anyways), you can hold your head up knowing that *in this moment* you did the best thing you could.
Borrowing money from a friend or family member is probably the fastest way to go, if you really need to make it happen. Since you need it overnight that really puts a time crunch on things that make it difficult.
No sense in beating yourself up for it, it won't help the situation any (and will likely make it that much worse).
Who do you know that you can ask for some money?
Is there someone you know that you could borrow shoes from?
If you are on social media, is there a local "buy nothing" group that you could post to and ask if someone has a pair they don't need? (My BF tends to keep his older pairs to use in the yard when they get too gross, and then gets his company to order him new ones)
Nextdoor.com is also another locally oriented networking website, might be worth getting on there and posting to see if someone has an old pair they don't need.
Where there is a will, there is a way. Ask God/universe/spirit/flying spaghetti monster for help. Really, just put your need out there into the ether and then stay open to opportunities. You have no idea how the world might be working in your favor, but if you won't see it if you're too busy stuck in the problem.
Keep us posted on your progress!
A few other ideas:
If you are a member of a union, check what's available to you in union resources.
If you are a member of a church with outreach programs, check with your pastor.
Some cities have nonprofit organizations, like Vancouver's Give Unemployment the Boot, that provide working gear to the underemployed and unemployed. Try googling the following word combinations -- <your city>, unemployed, working gear -- and see if something pops up. Try the YMCA or YWCA if a Google search doesn't find anything near you.
I have definitely been in a similar desperate circumstance. While my own circumstances at the time sucked big time, using the memory of it and my determination to NEVER be so vulnerable and embarrassed again did light a fire under my backside when it came to getting my financial affairs in better shape.