There will be times in your young working life that you find yourself short of money at the end of the month, but you still have bills to pay. When this happens you might feel the need to panic, or you might think that it is the end of the world, but the truth is that there are plenty of ways for you to get the money that you need to get you on firmer financial footing.
One of the first things that you should look at is a pawn shop. This is a place where you take things that you can live without, hand those items over and you get a loan based on the value of the items that you have pawned. If it is something that you no longer want or need, you can sell the item to the pawn shop for a little extra money, instead of getting the pawn loan. This is a good option, because you are using things that you already own to get the money that you need, rather than digging yourself a deeper financial hole by tapping into future funds. The problem with going to a pawn shop is that you will never get close to as much value for your items as you think you will, and you may not get as much money as you really need. If the amount you need is very small, a pawn shop is your best bet.
Another stop that should be near the top of your list is a payday lender. These are companies who give out loans based on the amount of money that you bring in each payday, and they are just about the fastest way to get the money that you need. Most of the time the applications are done over the internet, and you will know whether or not you have been approved in minutes. You will find payday loans helpful if you need more money than you can get from pawning or selling things around your home, and the speed at which you receive the money makes this an ideal solution when you are in a time crunch. The problem with payday loans is that you are mortgaging your future to take care of the present. Anytime you have to borrow against future earnings to take of yourself now, you are only falling further and further behind and so taking out these easy cash loans becomes a cycle that is hard to break.
Friends And Family
As a last resort, borrowing the money from your friends and family might be the only way that you will make it through your financial hardship. This will require you to humble yourself and admit that you have problems that need assistance, and even then you may not be able to get what you need. When you borrow money from friends and family, you really have to evaluate how much money you need, and force yourself to think about what you are borrowing, because the process is so painful. The problem with borrowing money from people that you care about is that you relationship with them will be strained until that money is paid back. They might tell you that it is ok to take some extra time to repay the loan, or they may tell you to pay it back “whenever”, but every time you see them and every time you spend money around them, you will feel the guilt and shame that came with having to borrow money.
No one likes having to borrow money, but sometimes there is more month than there is money. The solution is to get the money quickly, take care of the issue and move on as fast as possible, and the best way to do that is with a very quick cash infusion.
I am Fred Smith, and I have sometimes found myself in need of cash loans. I do not have good credit, so going to a bank is out of the question, so I started exploring other options. I wrote this article to talk about what is out there, and how to get the money that you might need. The best place for quick cash that I have found is Loan Ranger (www.loanrangercash.com.au/). Their application process is extremely simple and streamlined, and I recommend them to anyone who needs cash quickly.
Category: Family Finances