How to Pay Off Debt when You Are Broke
Identify new sources of income., Seek government aid., Talk to church and charity groups.
Step-by-Step Guide
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Step 1: Identify new sources of income.
Instead of working just a single low-paying job, take a second job.
Alternately, ditch the low-paying job and get a high-paying job.
Find old things around the house and sell them on digital marketplaces like Craigslist or eBay.Find things you’re good at and pursue them for monetary gain.For instance, if you paint in your spare time, put some of your pieces up for sale online.
If you like to write, monetize your blog or find a client willing to pay for your writing.If you’re working a low number of hours, talk to your boss about how you can work longer shifts or get more hours each week. -
Step 2: Seek government aid.
The federal government has more than 1,000 benefits programs that can help you manage your debts even if you’re broke.
For instance, the U.S.
Department of Health and Human Services offers 300 grant programs that can pay medical debts.
You might be able to get help paying energy bills from the Low Income Home Energy Assistance Program.Visit these agencies' web pages to begin the application process and get in touch with your local community aid department for more information. , If you are part of a religious community, you might be able to speak with your faith leader (imam, priest, or rabbi, for instance) and explain that you are in financial trouble and need help with your debts.
They might be able to organize an event or take up a collection that they can pass on to you. -
Step 3: Talk to church and charity groups.
Detailed Guide
Instead of working just a single low-paying job, take a second job.
Alternately, ditch the low-paying job and get a high-paying job.
Find old things around the house and sell them on digital marketplaces like Craigslist or eBay.Find things you’re good at and pursue them for monetary gain.For instance, if you paint in your spare time, put some of your pieces up for sale online.
If you like to write, monetize your blog or find a client willing to pay for your writing.If you’re working a low number of hours, talk to your boss about how you can work longer shifts or get more hours each week.
The federal government has more than 1,000 benefits programs that can help you manage your debts even if you’re broke.
For instance, the U.S.
Department of Health and Human Services offers 300 grant programs that can pay medical debts.
You might be able to get help paying energy bills from the Low Income Home Energy Assistance Program.Visit these agencies' web pages to begin the application process and get in touch with your local community aid department for more information. , If you are part of a religious community, you might be able to speak with your faith leader (imam, priest, or rabbi, for instance) and explain that you are in financial trouble and need help with your debts.
They might be able to organize an event or take up a collection that they can pass on to you.
About the Author
Brittany Kennedy
Professional writer focused on creating easy-to-follow creative arts tutorials.
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