Unemployment payments are supposed to help people through the toughest of times. They provide a safety net for those who can’t find a job. However, the government can’t afford to give us a lot of cash. That means all unemployed people will need to work hard to stretch their budget. Working out how to make your payments last longer can be somewhat of an artform. Those of you who fail to take heed could end up with no food at the end of the month. I’m here to tell you there are lots of solutions. There is no need for your family to miss out on meals, even when you only have a few dollars in the bank.
Shop at budget food stores
No matter where you might live in the world, there are going to be lots of budget food stores in your local area. Make sure you don’t make the mistake of shopping anywhere else. You can make some amazing savings at those stores. You just won’t find any brands you recognise. That isn’t too much of an issue. While the food might be of a lower quality, you can get enough to feed your entire family. Ensure you purchase lots of canned and frozen goods because they are usually cheap.
Don’t purchase luxury items
You should create a budget every month. That will help you to see how much cash you can spend. Luxury items like chocolate are not a good idea if you want to make your money last longer. You should only purchase them if you have children in the home. At the end of the day, there is no need for your kids to suffer. However, you should always look for budget alternatives to their favourite treats. ALDI sells chocolate bars that are similar to Mars and Twix. They have different brand names, but kids won’t tell the difference.
Buy clothing from auction websites
You might need to purchase some clothing for your family. That is almost impossible when you have such a small quantity of cash. However, online auction websites offer the perfect solution. Lots of people sell second-hand branded clothing on those domains. So, you might be able to get the kids some cool sportswear for a fraction of the standard cost. Just make sure you try to buy lots of items from the same seller. That way, you can save on delivery costs.
Get a loan
So long as you think you will find work soon, it might be wise to get a loan. Don’t worry too much if you have a poor credit history because there are some companies willing to help. Ferratum provides cash loans for unemployed people in your position. We found some rival firms online who all offer the same service. So, all is not lost just because you don’t have a job. Just make sure that you can afford to meet the monthly repayments.
You now know how to make your unemployment benefits last longer. After reading my advice, there should be no reason you can’t feed your family. Those of who with the worst budgeting skills might want to let your partner deal with everything. Give them your bank cards so it is impossible for you to overspend. Alternatively, you might like to withdraw all your money in cash. That way, you can physically see how much you’ve got to spend.