Holidays are, on the one hand, a wonderful occasion to spend time with loved ones and family. But there is another side. There are additional costs. And you may often think about where you can get quick cash. Some people have problems with this because they need to prepare gifts for all their close friends and relatives. How to solve this problem? How could it not spoil the mood on the long-awaited holidays while receiving the amount from the quick cash?
On the eve of New Year’s holidays, any resident of big cities tries to set aside a few hours for shopping in a shopping center in order to decide on gifts for their loved ones. First, some people, based on their bad experiences from the past, begin to prepare gifts in advance. They simply do not want to find themselves in a situation where a few days before the holidays they realize that they don’t know what to give even having quick cash in their pockets. Secondly, money for good gifts for everyone will not be enough. Thirdly, there is not enough time for shopping. To avoid troubles that can spoil the mood before the holidays, we recommend that you familiarize yourself with several options by earning quick cash.
1. Prepare Gifts in Advance
It is possible that at any time gifts are purchased for a certain amount. While quick cash or payday loans online can be very useful, you need to think over everything in advance where and what to buy gifts. Throughout the year, each of us has our own family holidays (birthdays, anniversaries, etc.). If we add national holidays, then it turns out that every month we are faced with the need to buy gifts when we have some quick cash at our disposal. But where to get money for this when you need quick cash? Do you want to forget about these problems? In fact, this is very easy to do. You just need to mark in the calendar all the holiday events when you need to buy gifts in advance thanks to your hidden quick cash.
It’s also good to indicate at least an approximate value of the gift, especially when you have already received your quick cash. Thus, you will see how much time you have left before buying the next gift and how much you need to spend. It goes without saying that there will be unplanned holiday events. But if you make a schedule of spending on gifts, they will not be able to unsettle you if you have some quick cash at hand.
After preparing the “gift” schedule, you need to calculate approximately what amount is better to save per month from your quick cash. To do this, you need to determine the average price for one gift, multiply it by the number of holidays, and divide it by 12.
The best option is to store the received quick cash in a separate place and preferably in hard currency. Thus, you can do something pleasant without noticeable budget losses without worrying that you will be left tomorrow without quick cash in your wallet.
2. Prepare a Gift With Your Own Hand
Not the fact that with this approach you still don’t need quick cash. Another good option to save money is to make a gift with your own hands. Once upon a time in childhood, we all had to make gifts for our parents with our own hands. Homemade crafts, drawings and postcards are kept in everyone’s albums to this day. But the main thing is that although these gifts were cheap, they did not belong to any brand. They were very valuable since the love of a loved one was invested in them. Quick money can be very useful if you have to prepare a not handmade gift.
However, you can make any gift with your own hand. You can embroider some beautiful, meaningful drawings. To do this, you do not need any special skills or a lot of experience in this matter. You can make a stuffed toy with your own hands, and there are a lot of varieties of inexpensive sets for making handmade gifts on the eve of the New Year holidays. In general, the options for such gifts are endless and limited only by your imagination. This is a great option to save your money while still seeking your quick cash.
Take a Holiday Loan
On New Year’s holidays, you want to please your loved ones with some gifts. In addition, you need to set a festive table and go somewhere to relax at least for a couple of days. Banking institutions or microfinance organizations can give you quick money for any purpose. Now, most MFOs offer quick cash to solve any financial issue. Before turning to them, you need to decide which loan is better to take.
Everything Should Be Calculated Correctly
Before applying for a loan to get quick cash, you need to determine the exact time when you will be able to repay it. Consultants and loan specialists recommend calculating your budget so that the amount that will go to pay off the debt does not exceed 30% of the total budget. In the case when payments on the loan are received more than 50%, you need to either make the amount less or increase the loan term.
Decide on the Loan Program
If you want, for example, to purchase some kind of electronics or equipment, then you are faced with the question of which loan program you will apply to (a cash loan / online loan to a card or a targeted loan). Financiers argue that any form of lending has its advantages and disadvantages. If we take a closer look at targeted lending, we will see that there is the smallest overpayment coming out of your quick cash.
A bank runs the least risk by issuing such a loan. If a retail outlet holds some kind of promotion, then a loan can be taken out without overpayments at all. But in such a situation, the client is completely attached to the seller and the prices that have been set. A bank card with a loan is best suited in cases where the need for a loan does not arise regularly. But you need to remember that a credit line can be used often but only for a short period of time.
Author Bio: Frank Glemstone – Frank is a graduate of the Master’s program in Economics Sciences. He has written numerous articles about personal finances and wealth. Working as the main author for MoneyZap he is now with clients across the country, helping them achieve their financial and life goals.