Quick Cash: A Guide to Raising Money During Life's Planned and Unplanned Changes

Credit Card Bills Stacking Up?

Everybody needs a little something extra every once in a while. Sometimes it is for an unexpected trip to the ER, other times it is to pay the gas bill. No matter if your need is great or small, Quick Cash gives you the tools and information you need to get over today's financial hurdles.

Additional material tells you what not to do during your financial crunch. Valuable tips, checklists and exercises help you avoid legal troubles and evaluate the long-term consequences of your choices.

An expert puts his proven techniques into one convenient manual. Quick Cash provides strategies for boosting your cash flow:

Ask For It—Uncle Sam has numerous FREE programs for those in need

Borrow It—Pawnshops turn your goods into GOLD in minutes

Sell It—Don't donate blood when you can sell it for $

Earn It—Dog-walking for DOLLARS and cat-sitting for CASH

Find It—A map for BURIED TREASURE in your own backyard

Make informed decisions that alleviate your worries.

"1115936832"
Quick Cash: A Guide to Raising Money During Life's Planned and Unplanned Changes

Credit Card Bills Stacking Up?

Everybody needs a little something extra every once in a while. Sometimes it is for an unexpected trip to the ER, other times it is to pay the gas bill. No matter if your need is great or small, Quick Cash gives you the tools and information you need to get over today's financial hurdles.

Additional material tells you what not to do during your financial crunch. Valuable tips, checklists and exercises help you avoid legal troubles and evaluate the long-term consequences of your choices.

An expert puts his proven techniques into one convenient manual. Quick Cash provides strategies for boosting your cash flow:

Ask For It—Uncle Sam has numerous FREE programs for those in need

Borrow It—Pawnshops turn your goods into GOLD in minutes

Sell It—Don't donate blood when you can sell it for $

Earn It—Dog-walking for DOLLARS and cat-sitting for CASH

Find It—A map for BURIED TREASURE in your own backyard

Make informed decisions that alleviate your worries.

11.49 In Stock
Quick Cash: A Guide to Raising Money During Life's Planned and Unplanned Changes

Quick Cash: A Guide to Raising Money During Life's Planned and Unplanned Changes

by Richard Schell
Quick Cash: A Guide to Raising Money During Life's Planned and Unplanned Changes

Quick Cash: A Guide to Raising Money During Life's Planned and Unplanned Changes

by Richard Schell

eBook

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Overview

Credit Card Bills Stacking Up?

Everybody needs a little something extra every once in a while. Sometimes it is for an unexpected trip to the ER, other times it is to pay the gas bill. No matter if your need is great or small, Quick Cash gives you the tools and information you need to get over today's financial hurdles.

Additional material tells you what not to do during your financial crunch. Valuable tips, checklists and exercises help you avoid legal troubles and evaluate the long-term consequences of your choices.

An expert puts his proven techniques into one convenient manual. Quick Cash provides strategies for boosting your cash flow:

Ask For It—Uncle Sam has numerous FREE programs for those in need

Borrow It—Pawnshops turn your goods into GOLD in minutes

Sell It—Don't donate blood when you can sell it for $

Earn It—Dog-walking for DOLLARS and cat-sitting for CASH

Find It—A map for BURIED TREASURE in your own backyard

Make informed decisions that alleviate your worries.


Product Details

ISBN-13: 9781402235917
Publisher: Sourcebooks
Publication date: 03/01/2004
Sold by: Barnes & Noble
Format: eBook
Pages: 256
File size: 2 MB

About the Author

Rich Schell is a lawyer, small farm owner, and author. He grew up in Polo, Illinois in a farming family. His first attempts to raise cash quickly involved weeding thistles and selling pumpkins. Later forays into cash acquisition have involved activities as diverse as mausoleum sales and freelance writing.

He has an extensive background in publishing, including writing, editing, and author representation. He writes and speaks frequently on legal issues involving intellectual property, agricultural entrepreneurship, and immigration. His publications include: U.S. Immigration and Citizenship Q&A (co-author), The Illinios Legal Guide to Direct Farm Marketing, and A Study Guide for Criminal Law and Procedure. He has also written numerous articles on topics including publishing contracts, business entities, and regulatory issues for small farmers. He holds a B.A. in History and english from Illinois Wesleyan University and a J.D. from Southern Illinois University. He has studied International Law at the University of Notre Dame, London Law Campus. A member of the Chicago Bar Association and the Chicago Creative Inverstors Association, he is also currently Secretary of the Chicago Farmers and sits on the board of IDEA (Initiative for the Development of Entrepreneurs in Agriculture). He is Of Cousel with the Law Offices of Kurt A. Wagner, a small international law firm with offices in Illinois and Austria. He and his wife Debbie and son Nathan live in Des Plaines, Illinois.


Richard E. Schell is an attorney, author, consultant, and speaker. He grew up in Polo, Illinois, in a farming family. He serves as Of Counsel with the Office of Wagner & Schell, L.L.P., an international law firm with offices in Illinois and Austria.

Mr. Schell has an extensive background in legal publishing and in legal issues associated with publishing. He has written and edited books and electronic products on legal topics for lawyers and nonlawyers. Mr. Schell’s practice includes representing publishers and authors. He also writes and speaks frequently on legal issues involving intellectual property, agriculture, sustainability, and immigration. He is the author of several books, articles, and pamphlets including: Quick Cash: A Guide to Raising Money, A Guide to Illinois Laws Governing Direct Farm Marketing, as well as the co-author of several books, including: Become a U.S. Citizen, Sphinx Publishing, (Sourcebooks 2007); Inmigración y Ciudadanía en los EE.UU., Sphinx Publishing (Sourcebooks 2004); and U.S. Immigration and Citizenship Q&A, Sphinx Publishing (Sourcebooks 2003).

Articles authored by Mr. Schell have appeared in many publications, including: Hobby Farms Magazine, Illinois Specialty Growers, American Bee Journal, Growing for Market, The Non GMO Organic Report, Hoard’s Dairyman, PMA and Span. He has also been a Contributing Editor for The Chicago Farmer Magazine.

Mr. Schell is a frequent speaker on issues related to domestic and international issues involving publishing, sustainability, food, and agriculture. He has presented on a range of legal and regulatory topics ranging from those important for publishing to those vital to food and agriculture, such agricultural tourism, organic food, risk management, and legal considerations for food and ag entrepreneurs. Compliance and legal issues for green and sustainable businesses is also an area he has presented on. These presentations have been delivered to diverse audiences, including The Small Farm Trade Show and the Organic Trade Association, as well as to a visiting delegation of Chinese Government leaders. Typical groups to which Mr. Schell presents would include the World Congress on Industrial Biotechnology, Illinois Specialty Growers, and All Things Organic, as well as local groups such as the Des Plaines Chamber of Commerce and the Illinois Organic Production Conference.

Mr. Schell has taught Law for Illinois Agricultural Entrepreneurs at Joliet Junior College and has been a guest lecturer on legal issues involving immigration, food, and agribusiness at John Marshall’s LLM program. He has served as a guest lecturer at Oakton Community College (OCC) in its classes on green business and will be teaching a class at OCC on legal issues surrounding sustainability.

Mr. Schell is the immediate Past President of The Chicago Farmers, a not-for-profit organization that has as its mission to provide education about farming, land ownership, and agribusiness. His extensive background in agricultural topics has also allowed him to provide consultation to clients related to domestic and international food and agricultural opportunities and issues in Illinois and globally.

Mr. Schell holds a B.A. in History and English from Illinois Wesleyan University and a JD from Southern Illinois University. He has studied International Law at the University of Notre Dame, London Law Campus. He also sits on the board of IDEA (Initiative for the Development of Entrepreneurs in Agriculture).

Mr. Schell lives in Des Plaines, Illinois with his wife and children.

Read an Excerpt

A Plan for Finding Fast Cash

Excerpted from Quick Cash by Richard E. Schell © 2004

When people are asked if they had an emergency that had to be solved in ten minutes, how much time should be spent on planning, most say they would spend one minute on planning and nine minutes on action. When the same question was posed to astronauts, they said they would spend nine minutes on planning and one minute on doing.

This observation has some valuable wisdom for raising cash as well. Planning can be very valuable because, as the old adage goes, if you don't have the time to do it right, when will you find the time to do it over? The first step to successfully raising quick cash is to know your outcome and plan strategically.

This chapter has some specific exercises that will help you to develop the plan, you need to respond to the challenges you are facing. To have a plan, you have to have a figure in mind that will solve your temporary cash need. After you have the figure, then you need a deadline.

Setting a goal for a sum of cash uses the same elements that you've used successfully in other areas of life. In addition, good plans have an order and logic to them.

This planning process should also help you evaluate alternative ways you could generate cash. There are different considerations of cost and time involved if you need to raise $50 until payday, as opposed to $10,000 for something else. Time spent on getting a true picture of how much cash you need, when you need it, and what your best available options are, will be time well spent in savings and effort. If you need $5,000 dollars in three months, that plan will require different resourcesand actions then will raising $50 dollars by the end of the week.

To develop the picture of what you need, you must start by examining your cash flow.

THE IMPORTANCE OF CASH FLOW
Cash flow analysis involves matching income against outgo. Cash is to a business, what blood is to a person. This also applies to the little businesses called lives that we all run. Unless you are a monk and you have taken a vow of poverty, a certain amount of money comes in and a certain amount of money goes out. That is called cash flow. More than any other factor, cash flow will determine how often and how much cash you need. The single best way to get a handle on it is to get your checkbook and then raid an old board game for play money. Pay yourself your normal, expected income and then start paying bills with the play money. If at the end of the game you have money left after paying all your bills, you have positive cash flow. If you have run out of money, but still have bills to pay, you have negative cash flow. That means you are spending more than you are taking in.

Cash Flow Analysis
Sometimes the need for quick cash can be solved in other ways than raising cash. The outcome that you need right now is more money, the means to get it could be to get more cash flowing in, or it might be to stop cash from flowing out.

The most essential part of any plan is the documentation and follow through. So, when you're ready to begin the planning process, you have got to be able to write down the answers. Writing down the outcome of what you want to happen is particularly important with cash because it gives you a place to hang your action steps so that you can really get some traction in achieving what you want.

You have to be able to define your target of how much additional cash you're going after. Then you have to ask yourself how you plan to get there. Finally, you have to be able to create an after-quick-cash scenario that you can live with.

GOAL SETTING
Setting a goal involves asking questions about what is possible and what is desirable. Before making any decisions about raising cash, ask these questions to guide yourself through the planning process.

• Where am I now in terms of how much cash I need?
• When do I need it?
• What would I be willing to do to raise it?
• Who could I ask for it as a gift?
• Who could I borrow it from?
• What objects do I have that I could pawn to raise it?
• What could I cash in to raise the cash I need?
• What could I sell to raise the cash I need?
• What service or product could I sell to earn it?
• What sources of unclaimed cash could I have overlooked?
• What would I absolutely not be willing to do to raise it?
• How much time do I have to raise this cash?
• How much work do I want to put into raising it?
• How likely is it that a bank, credit union, or finance company will lend to me?
• How certain am I that I can repay a loan within the time frame I need?
• What would I sell in a heartbeat if I could to raise the cash?
• What would I never sell to raise it?
• What job would I do immediately if I could make money?
• What task would I never do to raise this cash, no matter how much I needed it?
• What is my back-up plan if I cannot raise the cash I need?

Table of Contents

Introduction

Part I: Changing Times

Chapter 1: Personal Transitions
The Transitions That Choose You
The Transitions That You Choose

Part Two: Evaluating Your Need

Chapter 2: Cash Flow and Budgeting
The Importance of Cash Flow
Goal Setting
Evaluating the Plan
Basic Budget Analysis
Part Three: Raising Quick Cash

Chapter 3: Ask For It
Family and Friends
Governmental Programs
WIC
Hot Lunch Program
Temporary Aid to Needy Families
Earned Income Credit
Charities
Food Banks
Travelers Aid

Chapter 4: Borrow It
Family and Friends
Banks and credit unions
Pawn Shops
Consumer Finance Companies
Life Insurance
401(k) Accounts
Brokerage Accounts
Pension Accounts
Cash Advances

Chapter 5: Sell It
Antiques and Collectibles
Online Sites
Brick and Mortar Auctions
Ads
Garage Sales
Stock & other securities
Traditional and Roth IRA Accounts
529 and Coverdell (Educational)
IRA Accounts
Internal Assets

Chapter 6: Earn It
Temping
Freelancing
Part-time Jobs & Overtime
Odd Jobs and Jobs that are Odd
Using Your Creativity and Talent
Become a Landlord

Chapter 7: Find It
Judgments
Unclaimed Property
Buried Treasure

Part Four: Making the Right Decision

Chapter 8: Quick Cash Cautions
Payday loans
Scams
Car Title Loans
Loan Sharks
Bargain sales of real estate and collectibles
Tax Refund Loans

Glossary

Appendix A: Quick Exercises

Appendix B: Resources

AppendixC: 50 Fast Ways to Raise Cash

Appendix D: What Not to Do

Appendix E: Collectible Checklists

Index

About the Author

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