Tag Archives: money and life

It’s Time To Stop Wasting Your Money

It’s Time To Stop Wasting Your Money

Image Source – CC0 License

As a general rule, people try to be pretty sensible with their money. In today’s economy, money isn’t the kind of thing that any of us can afford to throw around. Unless you’re in a very privileged position, your money is something that you’ll want to take good care of and not waste. That being said, there are always ways in which you might not be handling your money quite as well as you would like. Of course, this definitely applies to some places far more than others. With that in mind, here are some of the most common places where you might be spending more money that you want to be.

Your home

Your home is likely to be the most expensive thing that you own. Which makes it all the more important that you do your best to bring the cost of running your home down. Luckily, there are plenty of ways you can do just that. If something goes wrong with one of your appliances then contacting someone like Appliance Repair Whirlpool to get it fixed instead of replacing it is going to be a far cheaper option. Not only that but simple things like reducing your energy usage is a great way to bring your regular bills way down.

Entertainment

Most of us use many of the stellar, and fairly cheap, streaming services that are currently available like Netflix. These services are fantastic as they allow you to pick from a huge library of titles, both old and new. That makes it that much more ridiculous that so many people still pay for standard television. A lot of streaming services are available for specific TV channels to catch up on stuff you’ve missed anyway so there is no reason to bother with standard television anymore. Do you really want to shell out extra money just so you have to TV on a fixed schedule instead of whenever you want?

Transport

When trying to find the right car, it’s shocking how many people tend to ignore the mileage that they can get out of it. Of course, there are plenty of important factors when choosing a car, but you really don’t want to neglect the average miles-per-gallon. It might not seem like something especially important, but that cost will start to add up over time. If you’re not in a position to switch to a more economical car right now, consider carpooling to work. By doing that you can split transport costs down the middle, saving you a lot of money.

The reality is that spending money we don’t want is just an inevitable part of living in the modern world. The key is to make sure that you put as much effort into taking the best car possible of your finances so that you don’t wind up in trouble. Simple things like reducing your spending and giving yourself a safety net by putting money in a savings account can make a huge difference and let you get on with your life.

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.

What Are The Best Short-Term Borrowing Options?

What Are The Best Short-Term Borrowing Options?

pexels-photo-164661Image Source

We all know what it’s like to be stuck in a tough situation financially. Even if you are someone who is extremely careful with their finances, it can be relatively easy for the wrong thing to happen, and before you know it you are in real trouble. Financial concerns like this are enough to worry anyone, but it is good to know that there are at least ways out which you can take advantage of. If you are in a tough financial position, then you will want to have a variety of possible options to choose from, so as to get out of that place as quickly as possible. The good news there is that there are many decent short-term borrowing options which can help you out. In this article, we are going to discuss which are the best, so that you can make a more informed decision if you are ever in such an unfortunate situation yourself.

Overdrafts

When it comes to short-term borrowing, the overdraft has always been one of the best options. There are a number of advantages to the overdraft. To begin with, it offers a low interest rate most of the time, meaning that you won’t be paying back any more than necessary. It is also true that overdrafts tend to be relatively straightforward to secure – and that can be a real blessing for someone who is in deep financial trouble. What’s more, when you apply for bank overdraft, it is likely to affect your credit rating much less than many of the other borrowing options that are out there. You also have the ability to pay back an overdraft over a much longer time, without necessarily paying too much.

money-card-business-credit-card-50987Image Source

Credit Card

If you do not have a credit card, then getting one while you are in financial trouble is not the best idea. However, if you already have one, it can be a useful short-term solution to a sticky situation. So long as you only use it to borrow an amount you can definitely repay, and in good time, it can be one of the easiest and best solutions of all. Just be careful that you don’t get carried away with it, as this could quickly land you in even deeper trouble than you were already in.

Interest-Free Loans

Next we come to one of the best possible short-term borrowing options. There are actually many interest-free short-term loans out there, which are well worth considering if you are having difficulty getting through the month financially. While you want to avoid payday loans as much as possible, these loans are much more financially viable, and could end up saving your skin if you go about it in the right way. There are many ways that you can go about getting an interest-free loan, so this is well worth considering if you are struggling. If you do go down this route, remember to be careful and take it slowly, otherwise you might end up borrowing too much, or at a higher than zero rate.

business-money-pink-coinsImage Source

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.