Life is full of challenges, and many of them are out of our control, especially when it comes to finances. Perhaps someone owes you money or work isn’t going as planned. Sometimes it’s a medical expense or a car repair. These often mandatory payments can put a serious dent in your wallet, leaving you in panic mode when the bills start pouring in.

If you don’t have savings to fall back on, it may be difficult trying to figure out a way to cover your expenses. Fortunately, there are a number of things that you can do in order to stay afloat and keep working through tough times. We’ve put together a list of four solutions to consider in order to get your finances back on track.

Apply for a Quick Loan

For those times when you need a quick boost of cash, applying for a loan through the bank can be a lengthy and expensive process. Instead, you can consider a quick loan from a reputable provider in the UK such as CashLady. These quick loans are a form of personal credit and you can apply for them online.

The great part about a quick loan is that you don’t need an excellent credit score and cash is often available on the date of your application – sometimes within the hour. You can click the above link for a more in-depth look at everything you need to know about quick loans.

Cut Back on Living Expenses

While this is more suitable for long-term situations, simply cutting back on your spending is a good habit to develop and can seriously help with growing your savings account. We spend a lot of money every day, and it’s more than likely that we can save a few pennies on some of those expenses.

Whether you’re shopping for food, clothing, toiletries, cleaning supplies or just about anything else, look for cheaper alternatives to those products and keep an eye out for specials. Instead of driving, you can walk to nearby places such as the local market. There are countless ways that we can all save – you just have to be mindful of your spending.

Related: 30 Simple Ways to Save Money

Sell What You Don’t Need

If you’ve lived at your residence for a few years, there are bound to be a few items lying around that you no longer need. You can list them on a local classifieds website or hold a garage sale on a sunny day. Second-hand items that people are usually interested in include electronics, furniture, clothing, tools and collectibles.

Ask Friends and Family

This may be a safer and more reliable way to go, especially if you need the money for a short period of time. You’ll usually avoid the fees that come with taking a loan from the bank, which makes repayment easier. Be sure to carefully calculate your income and expenses in order to determine a fair and realistic agreement for repayment terms.

No matter how dire your financial situation is, always remember to stay on track and keep moving forward. Even the most difficult times in life are eventually overcome and will provide a valuable learning experience in the end.