Tag Archives: going on holiday

5 Things You Should Never Borrow Money For

5 Things You Should Never Borrow Money For

Image Source

 

There are times when borrowing money is a wise decision. Most people wouldn’t be able to go to university or buy property without a loan. Meanwhile, when it comes to emergencies such as pet treatment or fixing plumbing leaks, loans can also be an option for those that wouldn’t otherwise have the funds.

 

Unfortunately, there are also many times when borrowing money isn’t so wise. Here are just a few examples of things you should never get into debt for.

 

Clothes shopping

 

Personal treats such as clothes aren’t worth getting into debt for – and yet many people are all too willing to go on a shopping spree the moment they get a credit card. As soon as you start having to pay back your debts, you’ll immediately regret spending money on these clothes. Only buy personal treats with your own money so that you feel as if you’ve earnt them.

 

Going on holiday

 

Holidays can cost some families hundreds if not thousands. Few people have this money stashed away, which may make it seem like a suitable time to borrow money. However, a holiday is still a treat and you could similarly regret it afterwards once you start paying back the debt rather than looking back on it fondly. Always try to save up money for holidays rather than paying for them with a loan – look into the best online banks to find the highest interest rates and you may be able to save up more quickly. The only time you may want to borrow money for a holiday is if an emergency comes up and you’ve already paid your deposit and would have otherwise been able to afford it.

 

Funding a gambling habit

 

You should never gamble with borrowed money. If you lose, you’ll have got yourself into debt for no reason at all. Borrowing to fund a gambling habit could be a sign that you can no longer gamble responsibly and that should probably quit gambling altogether. Borrowed money should similarly never be used to fund other bad habits such as smoking, drinking or buying drugs.

 

Taking out a loan for someone else

 

If somebody else asks you to take out a loan for them, it’s probably because their credit score is so low that they can’t get accepted for a loan themselves. A poor credit score is usually the result of not being able to make payments on time – whilst this person may promise to pay back the debt, there’s no guarantee that they will keep to this if they’ve previously struggled with making payments on time. Don’t let other people drag you into debt and potentially ruin your credit score too.

 

Paying off debts with more debts

Taking out a loan to pay off existing debts can be done strategically – you may be able to consolidate lots of small debts with one big loan or you may be able to refinance a debt so that you pay lower interest. However, most people simply aren’t savvy enough to do this and so instead end up getting into a vicious cycle of paying off debts with debts and then trying to pay these debts off with more debts until eventually the overall amount due is huge. You’re best only paying off debts with loans under the guidance of a debt advisor.

Tia, and TipsfromTia.com  is trying to keep you looking good and
feeling good, from the inside out. If you’ve got a problem or a tip email me! Be sure to Like and share on Facebook or Follow on Twitter or Instagram.

Tips To Help You Fully Unwind On Your Summer Vacation

Tips To Help You Fully Unwind On Your Summer Vacation

(image)

Summer is on the way, and that means only one thing for many of us: the annual Summer vacation. Finally, you will have the time to unwind and de-stress, improving your mood as you get away from all those things that put pressure on you in your day-to-day life. That’s the theory, anyway. To be honest, vacation time can be stressful in itself. From lost passports to missed flights, your relaxation time can be hindered in a multitude of ways. Still, we are here to help. Here are some useful tips to help you fully unwind on your summer vacation.

 

  1. Choose the right destination

 

You need to pick a place that won’t trigger your stressors while you’re away. You might want to avoid the crowds, for example, so don’t go to those places that attract multitudes of tourists. If you have a fear of heights, don’t think about scaling the Eiffel Tower in Paris. Find somewhere that will enhance your relaxation time, such as the Delta Hotels Grand Okanagan Resort with its fabulous scenic views, or a beach holiday in a remote destination away from the throngs of other holidaymakers.

 

  1. Don’t overdo your plans

 

Some planning is always useful, especially if you want to make the most of the area you are visiting (and you don’t want to forget anything vital). But allow time for your free spirit, as well, doing things at the spur of the moment instead of adhering to a packed schedule, and enjoying the moment rather than worrying about the next thing on your itinerary.

 

  1. Go with the flow

 

You’re on vacation – things will go wrong! You may choose the wrong thing from the menu, or you may get lost if you travel off the beaten track. Provided you aren’t putting your life in mortal danger, laugh off these mishaps and add them to your memory bank for your holiday stories back home. Life isn’t perfect, so don’t sweat the small stuff.

 

  1. Don’t always throw caution to the wind

 

We may seem as if we are contradicting ourselves here, but that isn’t our intention. Yes, there are times when you should go with the flow, but without a few precautions here and there, you are going to make life harder for yourself. So, don’t head out into the sun without a hat and lotion, don’t stay out late at night if you are unfamiliar with the town you are staying in, and don’t eat anything off the menu if you know your fragile tum can’t take it. Have fun by all means, but be wise as well.

 

  1. Turn yourself off from the outside world

 

To truly unwind, free yourself from anything that will remind you of your life outside of the holiday. You need to centre on the moment, and enjoy the time you have away from work and those other pressures that burden you. So, don’t be tempted to look at work emails, avoid social media for a while, switch your phone off, and appreciate the beauty around you. You will be returning to the world outside of your holiday soon enough, so don’t waste your time and energy by thinking about it when you’re away.

 

Finally

 

Whatever you’re doing this summer, whether you are on vacation or staying at home, we hope you find time to unwind and gain some peace in your life. Take care, and if you are going away, bon voyage!

Tia, and TipsfromTia.com  is trying to keep you looking good and
feeling good, from the inside out. If you’ve got a problem or a tip email me! Be sure to Like and share on Facebook or Follow on Twitter or Instagram.