Help me with money

Are the rises in everyday living costs starting to become too much? Is it becoming increasingly difficult to make ends meet? In today’s economic climate it very easy to lose pace with all of the increases to day to day living and bills.

You’re not alone when it comes to money issues and there are literally thousands of struggling families and individuals screaming out “help me with money!” Now more than ever, families are in need of practical financial help and need actionable tips on things to do to relief financial pressures.

Below are some tips and practical ideas to help with cash flow and money issues

Budgeting – Regardless of the seriousness of your financial issues or money needs, the best place to start is with a budget to gain a clear view of your total financial situation. This quickly provides you with the reality of your situation. Budgeting is at the core of creating financial strategies for paying down debt, creating wealth or both.

 
Spend Less Than You Earn – A key principal of any financial assistance, is to spend less than you earn. Falling in to debt can have some serious consequences. With easy access to personal loans, store cards, credit cards, etc… Creditors make spending more than you earn very easy. Obviously there are certain situations which might warrant spending outside your means (accident, loss of job, illness, etc…), but try and resist the temptation of becoming credit reliant.

Professional Aid – You can have all the right information but implementing ideas can be difficult. Professionals can quickly assess your overall situation and provide clear direction on what to do and outline savings. Dealing With Debt is such a service, get proven solutions, calculated savings and ongoing support. They have helped thousands of Australians and can help you too.

Earn Extra Cash – If you are in need of extra cash, there are loads of things you can do to quickly access money. There are the obvious actions like taking out a personal loan, opening a credit card or taking on a part-time job. These however might not be practical and may put you in a worst of situation, especially if you take on new credit to pay off old credit.

Other ideas include selling items that you no longer need, think of doing a spring cleaning and selling off these items. Cancelling the accounts or memberships of services you no longer or seldom use i.e. gym membership, paid TV, downgrade mobile plan, etc…
Pawn shops are also a service which can be used for quick short term loans. Be sure that it is from a reputable company and read your terms and conditions closely. Don’t ever engage in a service that you are not 100% comfortable doing.

Re-Organise Bills – Sometimes through a little bit of organisation based off of a budget, you can establish a more comfortable financial situation. Think about setting up automatic bill pay where necessary and available. Also think about payment frequency, depending on when you get paid, maybe paying your bills monthly, fortnightly or weekly might make more sense. Paying quarterly bills with small incremental weekly payments will reduce large quarterly payouts. Alternatively or in addition, take advantage of up front annual payments which might offer discounts.

Change Utility Providers – Just because you received a good deal at the time of sign up, doesn’t mean that you are on a good deal now. Try to review all your service providers on an annual basis to make sure you are getting the best deal. Also, try not to get locked into contracts that go beyond a year as things can change quickly. Where possible, try and get deals that fit your usage.

These are some of the quick wins for help with money and financial issues. The use of multiple ideas can magnify the effect of money help. Please feel free to add in other great tips and ideas in the comments section.