7 Creative Ways to Pay Rent When the Bank Account Is Near Zero

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When you think you’re out of money, you generally assume you can’t spend anymore. Your instinct is to turn super frugal — cut every non-necessity — and maybe even skip a bill or two. 

When you think you can’t even make rent, the situation can seem pretty dire.

But it doesn’t have to be. Instead of figuring out what you have to forgo this month when money is tight, find ways to make the money you need.

That doesn’t have to mean a second job or going into debt. There are tons of small, simple ways to put extra cash in your bank account so you don’t feel that panic at the first of the month.

Not all of these tactics will put money in your pocket right away, but we’ll note the ones that will!

1. Let This Organization Pay It for You

If you can’t pay your rent because of unforeseen circumstances, look into applying for a grant. Take, for example, Modest Needs grants, which are designed for workers just above the poverty line who are ineligible for most other forms of social assistance.

It provides small grants to deserving, self-sufficient individuals who are usually capable of paying rent and other expenses, but can’t cover expenses for the month because of surprise costs, such as medical emergencies, a death in the family, loss of a job or a large utility bill.

Modest Needs accepts applications from anyone in need, with a priority for people living alone, public school teachers and first responders.

2. Cancel Your Car Insurance

When’s the last time you checked car insurance prices?

You should shop your options every six months or so — it could save you some serious money. Let’s be real, though. It’s probably not the first thing you think about when you wake up. And it doesn’t have to be.

A company called Gabi makes it super easy to compare car insurance prices for the same exact coverage you already have. Plus, switching plans is a breeze.

Take Lourdes Robles-Velazquez, for example. The single mom lives on a tight budget. She was paying $205 a month to insure two Toyota Priuses — hers and her daughter’s. By using Gabi, she shaved $80 off her monthly car insurance bill. That’s nearly $1,000 in savings per year.

Wondering how much you could save? Head over to Gabi, and link up your current insurance account (this is how it gets you that apples-to-apples comparison). Then, browse your options. It takes all of two minutes.

3. Earn up to $225 to Watch Cooking Videos Online

Carmen Mandato/ The Penny Hoarder

If we told you that you could get paid to watch videos on your computer, you’d probably laugh. 

It’s too good to be true, right? 

But we’re serious. A website called InboxDollars will pay you to watch short video clips online. One minute you might watch someone bake brownies and the next you might get the latest updates on Kardashian drama.  

All you have to do is choose which videos you want to watch and answer a few quick questions about them afterward. Brands pay InboxDollars to get these videos in front of viewers, and it passes a cut onto you.

InboxDollars won’t cover your full rent, but it’s possible to earn up to $225 per month watching these videos.

Unlike other sites, InboxDollars pays you in cash — no points or gift cards — so you can put the money directly toward rent. It’s already paid its users more than $56 million.

It takes about one minute to sign up, and you’ll immediately earn a $5 bonus to get you started.

4. This Bank Will Let You Borrow $100 for Free

It’s halfway through the month, but your paycheck doesn’t come until next week. You’ve still got the rent to pay, and the pantry’s empty. What do you do?

A bank called Chime will lend you the cash — for free.

Chime will spot you up to $100 at any time. And unlike a payday loan — it’s free.

For this to work, take two minutes to sign up for a free account today. You’ll join four million other Americans who have already switched their bank account to Chime. You also need to set up direct deposit, but Chime makes it easy for you. 

5. Ask This Website to Help You Pay Your Credit Card Bill This Month

If you’re struggling to pay rent, we bet your credit card balance isn’t looking so hot, either. So we found a company that’ll help you take care of it. No, like… the whole bill could be paid by the end of this month.

Your credit card company is ripping you off with insane rates, and it’s getting rich off of you. But there are other, nicer companies that’ll help you out, including a website like Fiona.

Here’s how it works: Fiona will loan you up to $100,000 so that you can cover your credit card tab. Use that loan to pay off your debt, then make monthly payments to repay the loan. It could lower your monthly payments and help you pay off that debt a lot faster. 

Plus, no credit card payment this month means money freed up for rent.

Fiona won’t make you stand in line or call a bank. And if you’re worried you won’t qualify, it’s free to check online. It takes just two minutes, and it could save you thousands of dollars. Totally worth it.

6. Get Free Scratch-off Tickets

scratch-off tickets
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The odds don’t usually make playing the lottery worth your limited funds. But what if you could get scratch-offs for free?

Instead of a convenience store stop, try scratching for free using an app called Lucktastic. Each day, it releases a new assortment of digital scratch-off tickets. Lucktastic says instant wins range from $1 to $2,500, in cash or gift cards to popular retailers.

The app is supported by advertising, which allows it to keep the payouts high and the games free. For more info, check out Lucktastic here.

Wouldn’t you like to make your friends jealous by telling them the lottery paid your rent?

7. Ask for Help

The arms of two people are shown extending toward one another beneath a shining sun and palm trees.
Tina Russell / The Penny Hoarder

If you’ve really exhausted all your options, try calling a local resource line for help. Seriously, there’s no shame in it.

Start with 2-1-1, a confidential service offered through United Way that’ll help you find the resources you need to find affordable housing, make rent or pay utilities. It’s there for people like you.

To use the service, head to 211.org, and enter your location. It’ll show you services in your community and give you a number to call. It’s a clearinghouse for help with food, housing, utilities and employment. If you’ve never asked for help before, that means you don’t know what kind of help is out there.