How To Be Better With Money: 8 Tips And Tricks

August 5, 2021 | Mason Roberts

how to be better with money

Small changes to the way you budget can make a big difference. If you want to learn how to be better with money you can start with the following tips and tricks.

They’re so easy that you can start doing them today—and they set the foundation for bigger financial goals and be better prepared for any emergency. However, even if an emergency hits today, we’re here to help through car title loans Wisconsin offers.

8 Tips To Learn How To Be Better With Money

1. Use A Budgeting App

Every single article on how to be better with money tells you to make a budget – and that’s because it works. Budgets help you set priorities and track your expenses. It prevents overspending and helps you plan for big expenses. It gives you control over your cash.

And with budgeting apps, you can check and update your budget in a single click. If you share expenses with your partner, you can also sync your household budget or plan for future purchases together.

2. Define Needs And Wants

Someone once said, “You can afford anything, but you won’t be able to afford everything.” That’s why you have to choose what’s important to you. List down all your expenses. Aside from fixed expenses like rent, where can you cut down costs?

Be ruthless. The less money you spend on things you don’t need, the more money you have for what really matters.

3. Set SMART Money Goals

The best way how to be better with money is to set SMART goals, an acronym that stands for Specific, Measurable, Attainable, Relevant, and Time-Bound.

Basically, you need to be as concrete as possible. Instead of saying, “I want to be rich” you can concretize it into “I want to save $300,000 within the next 10 years.”

4. Be Accountable

Find a money buddy—or someone who is also as interested in learning how to be better with money. Talk about your financial goals, then share your progress every month.

how to be better with money focus on goals

5. Keep Your Eyes On The Prize

Making a budget is one thing; sticking to it is another. Being frugal isn’t always fun, and it can be so hard to say no to a sale when you’re stressed out and in dire need of retail therapy.

That’s why you need concrete reminders of your financial goals, and why it’s important for you to learn how to be better with money.

Make a vision board with images of the trip you’re saving for, or the house you want to buy. Print out a savings calendar or a money challenge so you can tick off each milestone.

6. Join A Money Challenge

Who said learning how to better with money had to be boring? Money challenges turn saving money or cutting back on expenses into a game. You can find plenty of them on the Internet. Join with your money buddy or your other friends, so you get motivated and even enjoy some friendly competition.

7. Change Your Money Mindset

Learning how to be better with money is not deprivation or drudgery. It’s part of self-care. When you manage money well, you avoid financial stress. You are able to spend on what matters most to you and help you feel in control of your life. You deserve it!

8. Have An Emergency Plan

Just like every building has a fire escape, every financial plan needs to have emergency measures in place for urgent and unexpected expenses. What will you do if you need to raise a lot of money in just 1 or 2 days?

That’s when having an emergency fund helps. But what if you are caught in an emergency before you make one? One option can be Wisconsin auto title loans through which you can borrow up to $15,000 and usually get the money on the same day you apply.

What Are Car Title Loans?

Car title loans are short-term loans where you use your vehicle as collateral. Unlike most bank loans, a car title loan does not require a high credit score. The process of acquiring one is a lot easier too!

You don’t need to go through extensive interviews with bank representatives or gather documents like tax returns and proof of income.

So, if you need to raise money right away, car title loans may be an option to consider. You only need to have a government-issued ID, your vehicle title, and your vehicle itself to have a quick vehicle inspection.

car title loans

Do I Qualify For Car Title Loans?

If you fully own your car, you probably do!

Wisconsin Auto Title Loans, Inc. is one of the most trusted providers of car title loans in the state. We have helped countless people, with different kinds of credit histories and different levels of income.

To qualify for our car title loans, you just need to be at least 18 years old and be the registered owner of a lien-free car, van, or truck. That means that you own it outright, and it does not have any outstanding loans or judgments against it. We also ask you to present your government-issued ID or driver’s license.

What Is The Process Of Getting Car Title Loans?

Wisconsin Auto Title Loans, Inc. has one of the most convenient loan processes.

You can call us or fill out our online inquiry form on Wisconsin Auto Title Loans, Inc. Either way, one of our loan representatives will speak to you to explain the requirements and processes, and answer any questions about car title loans.

You can then go to the nearest branch with your car, the lien-free title of it, and a government-issued ID.

The representative will conduct a vehicle inspection and look at your documents. If you are approved for a loan, you can get the money you need on the same day or the following day, depending on bank delays. The entire process takes 30 minutes or less.

Submit An Online Car Title Loan Form Today

It’s essential to know your options for emergencies while you work on learning how to be better with money.

If you ever find yourself in a tight spot, contact us to find out more about car title loans and how they work. Submit an online form today to find out if you qualify.