Emergency financial circumstances can come from time to time and youll need to know your resources when you need a loan. You can get a loan for 10 days for smaller loan needs, $100 for example. There are several loan groups online that offer this type of loans for fixed rates and 10 day repayment terms.
However, one needs to steer away from chronic debt accumulation. This may sound like an easy solution but it can lead to serious money problems and can affect your future as well. Although there may be circumstances that you cant avoid to get a loan for 10 days, prevention is still the best medicine. One way to keep up with your budget is to rewire your thinking every payday. Its common for employees to feel so rich when payday comes, splurging on shopping without thinking about their budget next few days. To those who fall into this place, usually get a loan for 10 days before the next payday. If this continues every month, you might discover that youre in serious debt problems be the end of the year compared to your credit card purchases.
You also need to prioritize where your money goes. Shopping for clothes and some items you want is not bad, its a way of rewarding yourself for hard work. However, spending money thats more than you earn can be a serious problem. What you can do is put aside separate amount for extra spending every month, and let that savings accumulate for two or three months. That way you can control your shopping splurges and your budget as well.