Create A Budget. List income you receive from any and all sources and know how much you take home in each month. List how much you have in savings or if you can list out how much you can place into savings each month- even if it is minimal. List out your fixed monthly expenses such as: rent, car payments, cell phone, internet access, etc. Then list out your variable expenses like groceries, clothing, insurance and electrical. Then compare the two lists to see where you are financially. If you have money left over each month, put it in savings right away. If your list of expenses exceeds your monthly income, then see where you can cut back and that is usually from your variable expenses.
Importance Of Savings. It is hard to save unless you change the way you think about savings. When you write out your bills each month – write one to yourself – even if it is for only $20 dollars. Put that one in your savings and forget you have it. Every six months, give yourself a raise, even if it is only $5 dollars. The key is to pay yourself, then deposit that check into savings and walk away.
The Trick To Spending. Spending isn't bad unless you spend foolishly. Be sure that what you are buying you need or you can afford. Shop around, watch for the sale, match prices online or get coupons from any number of websites. Just make sure you keep track of the spending on that Budget list you've made.
Emergencies. That is when you need us. That expense that you didn't see coming and can't cover it. We will get you the emergency cash that you need today. Let's say you qualify for a credit limit of $1,000. You request a cash advance for $500, then your payment is $75.00 per pay period, based on a two week pay cycle. The interest rate is 20% per month. The one-time cash advance fee is 10% of cash advance for each cash advance. Every payment includes principal and interest! And in less than 7 months, your balance will be paid in full. There are no hidden costs. There are no monthly fees, application fees, set-up fees, or annual fees. If you qualify for a $1,000 credit limit, but never get a cash advance, there are no charges. You only pay when you get cash. And, you have the option to pay-off early. If you pay early, you will save money by paying less interest. This works out to an APR of 240% but you're in control of how long it takes to repay the loan.