Being broke is never anyone’s fault. At some point in life, those marked pieces of currency can disappear leaving you in a dilemma. The worst that can happen is to go broke while in the diaspora. It gets even harder when there’s no one in your aid or someone to get you off the hook from a tight financial situation. Finding the means to adapt to your current situation can be tough and it’s one of those unbearable situations no one wants to find themselves in. If you are in such a current state or want to help someone else get out of this sticky situation, here’s what to do if you are penniless in a foreign country.
1. Work For Your Upkeep
Whether you are traveling the world or you’ve moved abroad and have no dime to make ends meet, it’s time you sought some income-generating gigs. The fact remains that you must pay for your accommodation, food, clothes, and your other miscellaneous needs and wants. This guide from the guys at expertvagabond.com/make-extra-money/ has some cool ideas and inspirations on side hustles you can involve yourself in to make that extra buck. Today, and thanks to fast connectivity and advancements in mobile technology, you can work from any location even while on the move. Freelancers are making huge gains from online work as well as other lucrative remote jobs. Among them include:
- Selling creative merchandise online
- Online teaching
- Start an online video tutorial
- Become an affiliate marketer
- Become a content writer
2. Consider Taking Up A Loan
If you’ve been dealing with a credible financial institution, then they have no reason to deny you financing if you are in a tight financial fix while in a foreign country. Nevertheless, you must have built yourself a good relationship with your bank, and also, a good credit history shouldn’t go unnoticed. All you need is to communicate your current financial state with your bank manager, provide them with your current location, and your plans to repay the loan. You never know, they might just ship you a debit card to get you off the hook. In addition to this, you have online lenders, who at a considerably higher interest rate, could be willing to lend you some cash. Either way, these are options you might consider if you ever find yourself penniless while abroad.
3. Rent Out Or Sell Your Items Your
If you had taken off on a vacation to a foreign country with your RV (recreational vehicle), you could rent it out to some willing adventurers and make a buck out of it. While in the same vein, you might also consider selling some of your staff to interested buyers whether online or offline. This might help to provide you with some cash to see you get by. You might just buy yourself a meal by selling your iPod to some college kid at a considerable price.
4. Develop A Winner Mentality
The song “what doesn’t kill you makes you stronger” is more applicable in your current state. You just need to play it in your mind over and over again. This is the mentality to develop whenever you find yourself broke when overseas. Your positive attitude and mentality can help to see you conquer the challenges you might face when abroad and penniless. You might as well sell lemonade from the lemons life throws at you!
5. Involve Close Friends And Family Members
Don’t die in silence if there are people back at home who care about you. No man is an island and we need friends and family to sail through the struggles and challenges of life. Ensure to involve your closest friends and family members in whatever situation you are going through while abroad. This can be achieved by way of writing, texting, or calling. Fortunately, it won’t cost you much to make a reverse call.
Just know this, you are not alone though it might feel like you are. You might as well seek help from the authorities, government institutions such as your embassy, or from spiritual institutions. Why not make friends and see where it gets you? It could be that there are also people who’d be willing to lend a helping hand in your current location. The problem is that you haven’t asked yet!
With all the setbacks that you might face while abroad, the above pointers can help to provide you with insights on how to forge forward. Hey, your current financial situation is not a permanent one. You have yet another chance and opportunity to pick up from where you left off and see yourself leading a fulfilled life. Good luck!