Property taxes are based on the assessed value of your property and paid by anyone who owns a piece of property. Property taxes generally go to the local government to fund police and fire departments, school districts, and road maintenance. The amount you pay will vary due to your state and government laws. If the value of your property increases, so will your property taxes.

You may be able to decrease the amount of taxes you owe by obtaining an independent appraisal. 

If your property taxes have recently increased and you need funds in a pinch, here are a few ideas to help make that payment. 

Credit card 

You can pay your property taxes with a credit card. If you have a 0% credit card, you can buy yourself a few extra months with no finance charges. If you have a rewards credit card, you can earn points/cash back, which is a bonus. 

Cash advance 

Payday loans give you the flexibility to use your credit card or a lender to borrow cash. Most times, you are approved the same day and have the funds by the end of the business day. In most cases, the advance will need to be paid back in a short time period, so just be sure you can pay the money back with your next paycheck. 

Personal loan 

You can take out a personal loan from your bank or check other banks for the best deal. Each bank/credit union offers different rates and repayment options. Things to consider with a personal loan are the length of the loan and the interest rate. 

Home equity loan 

If you have equity in your home, a home equity loan may be the way to go. A home equity loan tends to have lower interest rates and a fixed rate. 

Cash 

Start selling things. Have a garage sale, sell things online. You can declutter your home and earn your property tax money in one weekend. Go through your house, sell anything you don’t need or use. 

If you are finding yourself in a jam with paying bills, it may be time to consider earning extra income. A second part-time job is well worth it in the long run to achieve financial security. It can help you get out of debt and build your emergency fund. Having another source of income can reduce your financial stress, and who doesn’t want less stress in their life?