There are so many options to get the necessary funds these days. Even if you aren’t able to make the ends meet until the next payday, you can choose one of many options to earn some pocket money. It’s no surprise that donating your plasma is a great way to save other people’s lives. Not only can you help to give “the gift of life” to those in need, but also get some additional funds to cover the unexpected expenses. Here is what you should know before you consider this option.
The Basics of Plasma and Its Importance
According to the Plasma Protein Therapeutics Association, plasma can be defined as the liquid of straw color which remains after white and red blood cells, as well as platelets and other components are taken out of a portion of blood. It includes salts, water, enzymes, proteins, and antibodies. Plasma donation is equally as important as blood donation as many patients depend on it during particular therapies.
The Red Cross organization has stated that it’s especially significant for people with AB blood type. There are only 4 percent of Americans with this blood type in the world but it’s a universal type that can be given to people of any other blood type as well. The Americans have been particularly active at donating their plasma making it over 70 percent of plasma donations across the globe. So, why should you consider donating your plasma? The main difference is that you will be rewarded with money for plasma donation whereas blood donation is usually done for free.
Ways to Get Extra Money
While every person may experience temporary financial issues from time to time, many of them are looking for expert tips to ask for money properly. The situations in life may be various. Sometimes it’s not enough to ask your old friend or a family member to help you out until the next payday. If you need a sufficient amount of money to pay the urgent bills or make an expensive purchase, then your family might not be able to lend you that sum.
It’s always better to rely on yourself so that you won’t let other people down if something goes wrong. There is a big variety of reasons why people need money and even take loans. In any case, you need to understand that there are various lending institutions that can give you the necessary money. However, you should be ready to pay interest rates and extra fees.
What if your credit isn’t high enough to get a loan with the best terms? The low credit score may affect your long-term relationship. Did you know that, according to the recent survey, only 7% of respondents stated they don’t mind having a relationship with a “spender” while the whopping 70% mentioned they would rather choose a “saver”? It means that you need to start saving up and having an emergency fund if you want to have a long-lasting relationship and be happy.
Are You Eligible for Plasma Donation?
If you’ve been trying to apply for a personal loan but don’t have a good enough credit score to get the lowest interest rate, consider donating your plasma. This option is quick and will get you extra $20-$50 as compensation. In addition, there are extra bonus campaigns in different donation centers where you can earn even more. Pay attention that not everyone is eligible for that, even though they won’t ask what your credit score is.
Be ready to get your blood checked and tested for protein levels before you are eligible to donate your plasma. You need to be over 18 years old and weigh at least 110 pounds to qualify. After you’ve completed screening of your medical history and passed a medical checkup including a test for HIV and hepatitis, you will be able to donate your plasma. Keep in mind that you also need to prepare yourself for the donation: drink plenty of liquid and notify the personnel of the donation center if you’ve had any recent surgeries/tattoos/piercings done within the past 12 months.
What Can You Do with the Money?
While nobody can make you spend the money in a certain way, financial experts advise not to splurge the money you earn after plasma donation. Use it to start your emergency fund if you haven’t got one so far. You may turn to plasma donations from time to time (not recommended to do it more than once a month though) and cover any urgent expenses or debt.
Starting an emergency fund and saving some money on a regular basis will help you avoid financial issues in the future and teach you how to manage your finances better.