If you have jewelry, you have an asset that comes in handy during tough times. Unless it’s an engagement or wedding ring, you should consider selling your jewelry pieces to help you climb out of a debt hole.
Lenders will also give you more time if you can show them additional income. So if you have an empty room, you should buy a bed if it doesn’t have one and think about renting out the space by adding a wardrobe and drawer.
If you live in a busy neighborhood and you have a private parking space or perhaps a driveway, why not rent it out? It’s common practice for driveways in cities like London, New York, and Los Angeles to be rented out to young professionals who rent a room close to homes with private driveways.