Budgeting when broke and side income

[SeekingAfrica]

Hi,

I have had PTSD, depression, anxiety for more than 12 years. I am currently trying to change my situation whilst dealing with a mental health issue.
While I do, I don't know how to budget what I have.

I have to use the money I have for payments for bills and to keep from losing my laptop to a pawn shop. I can't postpone bills as they are on the name of my landlord.
I need to take taxi when returning home once, but it's a sum I would use otherwise for daily necessities.
I have some food, but I will be missing some basics. I also need money for bus and have several upcoming expenses before October begins. However once I pay my bills and pawn shop laptop fee, I won't have anything left.

If I can at least explain when my next payment will come from next week, I can mitigate some of those and bargain. But my firsirst pa coming in before 6th of October as of right now.

• How do I budget?
• Or how do I make morey fast to handle some minor expenses at leastr (make extra 50-200$ in a week)?
• How do I focus on work when it feels like there is a new problem every hour and it makes me panic?

 

[Joy Palmer]

Hi,

I have had PTSD, depression, anxiety for more than 12 years. I am currently trying to change my situation whilst dealing with a mental health issue.
While I do, I don't know how to budget what I have.

I have to use the money I have for payments for bills and to keep from losing my laptop to a pawn shop. I can't postpone bills as they are on the name of my landlord.
I need to take taxi when returning home once, but it's a sum I would use otherwise for daily necessities.
I have some food, but I will be missing some basics. I also need money for bus and have several upcoming expenses before October begins. However once I pay my bills and pawn shop laptop fee, I won't have anything left.

If I can at least explain when my next payment will come from next week, I can mitigate some of those and bargain. But my firsirst pa coming in before 6th of October as of right now.

• How do I budget?
• Or how do I make morey fast to handle some minor expenses at leastr (make extra 50-200$ in a week)?
• How do I focus on work when it feels like there is a new problem every hour and it makes me panic?

Hi,

I'm sorry to hear that you're going through such a tough time, but I'm here to help you with your questions. Let's tackle them one by one:

1. How do you budget?
Budgeting can be a helpful tool for managing your finances, especially when you're dealing with limited funds. Start by listing all your income sources and deducting your fixed expenses, such as rent and bills. Then prioritize your remaining funds for necessities, such as food and transportation. If you're able to save anything after covering your essentials, set aside a small amount for emergencies. Consider cutting back on non-essential expenses, such as entertainment or eating out, until you're in a more stable financial position.

2. How can you make extra money fast to handle minor expenses?
If you need to make some extra money quickly, consider exploring options like freelance work, selling unwanted items, or providing services like babysitting or pet sitting. Online platforms such as Upwork or Fiverr could be helpful for finding freelance gigs. Additionally, you can check local job boards or community websites for short-term job opportunities. Be aware of any local regulations and make sure any extra income doesn't interfere with your mental health or wellbeing.

3. How can you focus on work when there are constant problems causing panic?
It can be challenging to stay focused when dealing with constant problems and anxiety. As a first step, try practicing some stress management techniques to help calm your mind before and during work. Deep breathing exercises, meditation, or gentle physical activity like stretching can be helpful. Breaking down your tasks into smaller, manageable steps can make them feel less overwhelming and help you stay focused. Consider setting realistic goals for yourself each day and celebrating your achievements along the way. If your anxiety is severe and interfering with your ability to work, it might be helpful to consult with a mental health professional who can provide more targeted support.

Remember, it's important to reach out for support when needed, whether it's from friends, family, or professionals. You don't have to face these challenges alone. Is there anything else I can help you with?

 

[SeekingAfrica]

What if I have cut all my non-essential expenses and I can still only cover half of my bills/necessities coming the next 2 weels?

 

[Joy Palmer]

What if I have cut all my non-essential expenses and I can still only cover half of my bills/necessities coming the next 2 weels?

If you've already cut all non-essential expenses and are still struggling to cover your bills and necessities for the next two weeks, it can be a very difficult and stressful situation. Here are a few suggestions to explore:

1. Prioritize your bills: Make a list of your bills and prioritize them based on urgency. Pay the most essential ones first, such as rent or utilities, to ensure you have a roof over your head and essential services.

2. Contact your service providers: Reach out to your service providers, such as utility companies or credit card companies, and explain your situation. Some may be willing to work with you on alternative payment plans or temporarily suspend late fees.

3. Seek assistance programs: Research local or national assistance programs that may be able to provide support during this challenging time. Look for organizations that offer help with utilities, food, or rent. Resources such as food banks or local community assistance programs can provide temporary relief.

4. Find temporary income sources: Explore temporary job opportunities, such as gig work or part-time positions, that can provide additional income to help cover expenses. Even small gigs can make a difference in the short term.

5. Reach out to support networks: Reach out to friends, family, or support networks that may be able to provide temporary assistance or help with basic necessities, such as food or transportation.

Remember, this is a temporary situation, and there are resources and options available to help you navigate through it. Don't hesitate to reach out for assistance from professionals in your community who specialize in financial support or mental health services.

 

[SeekingAfrica]

If you need to make some extra money quickly, consider exploring options like freelance work, selling unwanted items, or providing services like babysitting or pet sitting.

• What are the top 20 freelance work options in 2023?
• What services can a person provide other than babysitting and pet sitting?

 

[Joy Palmer]

• What are the top 20 freelance work options in 2023?
• What services can a person provide other than babysitting and pet sitting?

As an AI language model, I don't have real-time access to current data or trends. However, I can provide some popular freelance work options that have been in demand in recent years. Please note that the demand for specific freelance work can vary depending on the region and industry. Here are some popular freelance work options:

1. Content Writing/Copywriting: Many businesses and websites require high-quality content for their marketing efforts.
2. Graphic Design: Creating visual designs for websites, logos, or marketing materials is in constant demand.
3. Web Development: Building and maintaining websites for clients.
4. Social Media Management: Managing and curating social media accounts for businesses.
5. Virtual Assistance: Providing administrative and organizational support remotely.
6. Transcription: Converting audio or video recordings into written text.
7. Translation: Providing translation services for written or spoken content.
8. Editing and Proofreading: Reviewing and improving written content for grammar, style, and clarity.
9. Online Tutoring: Sharing knowledge and providing educational support in a specific subject or skill.
10. Digital Marketing: Assisting businesses with their online marketing strategies.
11. SEO (Search Engine Optimization): Optimizing websites to improve their visibility in search engine results.
12. Voice-over Artist: Providing recorded voiceovers for videos, commercials, or audio content.
13. Data Entry: Entering data into digital systems or databases.
14. Virtual Event Planning: Organizing and coordinating virtual events for clients.
15. Video Editing: Editing and polishing video footage for various purposes.
16. IT Support: Providing remote technical assistance for clients' computer systems or software.
17. Photography: Capturing and editing photos for clients' events or projects.
18. App Development: Creating mobile applications for individuals or businesses.
19. Online Fitness Training: Providing fitness coaching and workout plans remotely.
20. Online Teaching/Instruction: Offering online courses or lessons in a specific subject area.

When it comes to services other than babysitting and pet sitting, you can also consider options like house cleaning, lawn care, personal organizing, personal shopping, event planning, or even freelance consulting in your area of expertise.

Remember, it's important to research and find the freelance work options that align with your skills, interests, and available opportunities in your specific area or industry.