Ever looked into your closet and found nothing to wear? Is it because there is nothing hanging in your closet? Closets are often crowded with unused outfits and accessories that probably don’t need to be there. How many of these items were charged? Did you ever request a loan from online fast cash advance lenders in order to fund payments that were left unfunded from your shopping spree? Did you ever request a fast cash advance in order to shop? Have you paid that debt off yet? If you think about the clothes that you are ready to give away and you are still paying for them, it could help do a reality check on your shopping habits.
Items on sale are only a good price if you pay cash or pay the creditor back by the next pay date. Make only the minimum payment on your debt and interest begins to add to the cost of the item. Take a look at your credit balance, how old is the debt that you continue to pay for month after month? Was that sale affordable? People who only spend cash towards unnecessary items have more money to spend. When you omit interest payments every month, your budget will have more cash to deal out elsewhere.
Let’s cut to the chase. Is there a reason why you need 8 pairs of sneakers? Every girl needs to have a black dress in her closet, but does she need 10? I suppose if the person’s income supports the extras it’s no big deal. What if third party money supports the costs and the owner lives paycheck to paycheck? There is either a lack of shopping control or a total denial of final cost. How many of are realistic about how much credit we can truly afford?
It’s easy to deny yourself a loan with a cash advance direct lender when you disregard the application due to high interest costs. It’s true, these loans do carry large interest fees, but for some this added cost is tolerated as going without the cash becomes more problematic for them. What usually happens is that the purchase is most often made on a charge card and the interest charge doesn’t even get thought of. It’s a mindset, you already know that minimum payments are affordable and short-term loans are not. No one ever thinks about the final dollar amount spent on credit card interest. Months and months of small charges add up, but who thinks of that? Maybe it has something to do with the stress created to make fast payments verses taking your time. Perhaps your intention was to pay the credit card in full so no interest would ever get charged. Credit card debt in this society would not be where it is now if paying credit debt in full was the actual final result.
We have to train our minds to think differently. Save money every paycheck till you have enough to pay cash for your purchases. Only shop at stores that have layaway programs. If you are going to use in-store credit card options, be careful to read the terms and conditions carefully. You will also want to make good choices with promotions since you will have to use the card to receive the discounts. There are many different ploys to get store credit cards working to the merchant’s advantage, so stay on top of your debt and get it paid off. You will have come out on top instead. Make sure if you do use cash, that it isn’t taking money from another budgeted expense. The last thing your budget needs is more credit card or short-term cash advance debt to contend with. Control your spending and your debt payments in order to keep income in your pocket.