A Beginner’s Guide: Being Prepared For Financial Struggle

November 5, 2020 | Louis Tully

 

 Man planning with title loans.

 

Financial emergencies are toxic because they cause insurmountable stress that extends to relationships and can leave a black cloud hovering over you for months. In preparing for financial struggle, you empower your money to work for you and take unwelcome stress out of your life. Having options is crucial to financial independence, and here are a few ways you can get there including how you can secure fast emergency loan money using car title loans.

Create a Budget

Budgets are essential in knowing where your money is going every month. If you know where it is going, you can exercise your control over it. Think of your spending habit as a mischievous puppy with no home training. You need to keep your eye on it and exert your dominance. Budgets are the first step in financial dominance in your life.

When creating a budget, include a line item for 'Emergency Account' separate from your Savings account. Having the discipline to put a little cash into an emergency fund each week or month will support you through rough times. If you find no money in the budget for an emergency or savings fund, it is time to sit down and look at where you can make some cuts. Budgets should be reviewed frequently for this reason.

Budget Cutting

After creating a budget, you will be able to see overspending quite easily. One thing that comes to light is subscriptions and in-app purchases, the two main offenders of any budget. People often sign up for things and forget to cancel them, so they continue to be charged even if they aren't using the subscription. Cancel those subscriptions!

In-app purchases, on the other hand, sneak up on you. You are using them but not aware of how fast the $5.99 purchases add up to $105.99 in no time. The best way to put your in-app purchases on a budget is to buy iTunes cards in the amount that you budgeted for, so you don't overspend. Once the amount runs out, you've used up your allowance.

Part of putting yourself on an allowance is making sure you have the money to pay bills and set yourself up for emergencies, it doesn't necessarily mean giving up on worldly possessions that you enjoy, it just means spending money on what benefits you while living within your means.

Spend some time going through each line item of your budget and split up the essentials from the non-essentials. You will soon see areas that can be cut out because you either no longer use them, or you can save a few bucks with different service packages for cable, phone, etc.

Most of us don't use all of the services that we are signed up for and it is worth a look, you will be surprised at how much you can save. If an emergency comes up before you have your budget in place, auto title loans can help see you through.

Get An Auto Title Loan To See You Through Your Financial Struggle

Advantages of Title Loans

Title loans are a viable solution to your financial struggle and can help stretch the dollar to cover the bills to help you get back on track. Title loans are a short-term loan option type that allows you to leverage the value of your title in order to secure up to $15,000. There are several advantages to title loans near me, such as:

  • Up to $15,000 fast cash
  • Streamlined application process
  • You keep your car
  • No store visit required
  • Payback terms to fit your schedule
  • Online payments
  • Accepting all types of credit

 

All Types of Credit Is Accepted

Financial struggles are hard enough without worrying that you can't secure funds to see you through them due to poor or non-existent credit. We pride ourselves on being able to assist people with all types of credit. Title loans, Wisconsin are based on the value of your title which is why we overlook your credit history.

 

 Couple receiving title loan.

 

How Do I Get Title Loans Near Me?

The application can be finished in as little as 30 minutes, making title loans online one of the fastest options on the market when you need money in a pinch. Here’s what the process looks like:

  • You fill out a short form located on the homepage and submit it.
  • A knowledgeable representative will contact you minutes after you submit your form to schedule a meeting for the inspection. We come to you so there’s no need to try and fit a trip to our store location in your schedule.
  • You’ll be asked to provide a few pieces of information that will help the representative determine how much money you’ll receive. This information includes:
    • Your driver’s license
    • The title to your vehicle
    • A blank check to your bank account
    • Your car for inspection
  • The inspection of your vehicle will determine how much you’ll receive on your loan and, once you fill out the paperwork, the funds will be deposited into your bank account for you to use as you see fit.

We pride ourselves on being able to provide you with the cash you need to carry you through your financial hardships, no matter what you’re facing. Preparing for a financial struggle takes time and emergencies will occur regardless of how prepared you are to financially handle it. Don’t waste another moment of your time conducting a search for Wisconsin, auto title loans locations. Instead, start your application today.