Quick Ways to Get Cash Now

Emergencies happen and the funds to take care of those emergencies aren’t always available. Other than attempting to have a fast yard sale or put items up for sale in online forums, there are a couple of other options to consider. Keep in mind that these options do have fees and interest attached to them, but if can’t part with something permanently, these options are a good start.

Obtain a Car Title Loan                                    

Car title loans are given based upon the value of your vehicle up to $10,000. The vehicle must be paid off and you must have the title in your possession, not a memorandum title. What you will need is a valid checking account, proof of income and the ability to repay the loan. Title loans are setup in a similar way to installment loans where the balance is paid off in small increments rather than one big payment.

Consider a Loan

Quick cash loans are ideal for those that are employed but do not have good credit. These are also called payday loans. With a payday loan, you need a valid checking account, proof of income, personal references, a blank check and proof of identity.

With quick cash loans, you are expected to repay the loan quickly, such as on your next payday. High interest is associated with these loans as are administrative fees. It is ideal to ask the loan agent what the entire cost is before agreeing to take the loan.

Visit a Local Pawn Shop

If you are unemployed, you can visit a local pawn shop with items of value. You are not required to sell your items; a loan can be taken instead. Keep in mind that a loan can only be given for the item’s actual value and for a portion of what the pawn broker can sell it for if you default on the loan. You may not get all of what you need in the loan, but you will be able to obtain some cash to help you through the emergency.

The options above are a good start when you need quick cash. These loan options are instant; there are no waiting periods to find out how much you can borrow or if you can even borrow at all. The high fees associated with some of the loans simply come with the territory. Most consumers don’t mind the fees to get the cash they need now.

Want a Raise This Year? Don’t Do This

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For the past few years, many people have been afraid to ask their employers for more money. Most people have been grateful just to have a job and are reluctant to do anything that could give their employers reason to replace them with someone else.

Now that the economy is improving and the job market isn’t quite as tight, you’re eager to earn more money — and that usually means that you have to ask for it.  If you’re like most people, just the idea of walking into your boss’s office and asking for a raise is enough to give you hives.

If you honestly deserve a pay increase, though, you owe it to yourself to schedule that meeting and make the request. You also owe it to yourself not to make serious blunders that could not only jeopardize your chances of getting more cash but of even keeping your job.

Mistake #1: Not Asking for What You Want

Asking for a raise is a lot like negotiating your salary when you first took the job (you negotiated your salary, right?), but you do not want to look like a deer in headlights when your boss asks “Okay, how much more do you want?” Instead, prepare to ask for an increase based on your research on average salaries for similar positions, your company’s policies on pay raises and your performance. Don’t be afraid to ask for more than you expect to get — that’s negotiating 101 — because you just might get it. In other words, if you’re hoping for a 5 percent increase, ask for a 10 percent raise, because you might get a 7 percent boost.

Mistake #2: Not Knowing What You’re Worth

Remember when we said to do some research to determine what others are earning? Well, when you do that, make sure you’re being accurate in your calculations. Someone working in Manhattan is going to earn more than someone in Des Moines, even if he or she is doing the same job. When doing your research, make sure you are taking factors like your geographic location, your company size and your actual workload into consideration. Also, consider what you bring to the table. For example, do you have an advanced degree or certifications that others in your department do not? Do you bring skills to the table that save your employer money? Try to quantify them to reach a figure that recognizes your worth without being unrealistic.

Mistake #3: Not Offering Evidence

Very rarely will a request for a raise be met with “Sure, you’re right. Effectively immediately, you’ll earn 5 percent more.” In most cases, you’re going to have to prove your worth to score a bigger paycheck. Approach your request as you would a performance review, and be prepared to share concrete evidence of your achievements and worth to the company. Quantify your performance — “I saved the department 5 percent of the budget by catching a mistake,” or “I’ve exceeded my sales targets by 15 percent.” Use a copy of the company’s mission statement to frame your report, showing how your performance and your commitment to the team help the company fulfill its mission.

Mistake #4: Giving Ultimatums

It is never a good idea to threaten your boss. You might feel that unless you earn a bigger paycheck, you need to find a new job, but never tell your boss that you will quit if he or she doesn’t give you a raise. That never works — and it’s very likely that your boss will call your bluff and send you packing. Even if you have another job offer on the table already, don’t let on to your boss that his or her decision will be the deciding factor in whether or not you stay with the company. Just make your case and be prepared to move on if necessary.

Mistake #: Not Being Willing to Negotiate

mastertheartofsaving 2We mentioned negotiating before, but it bears repeating: You must go in to the meeting with your boss prepared to negotiate — and not just for a bigger salary. There’s a chance that your boss won’t be able to offer you more money, but might be willing to provide other benefits, such as a flexible schedule, more time off or another benefit, like a new mobile device or gym membership. Come prepared with ideas in case you can’t earn a bigger paycheck that will help you remain satisfied.

Asking for a raise can be nerve-wracking, but if you’re calm, prepared and reasonable in your requests, there’s a good chance that you could see a few more dollars in your next paycheck.

 

Could Your Health Insurance Costs Be Lower?

Unless you have free healthcare, you know how much health insurance can end up costing you. Aside from the monthly, weekly or per paycheck amount, there are still more costs to having health insurance.

Additional health insurance costs can vary dramatically. Whether you might have the wonderful fees, such as a flat co-payment when going in for medical care and that’s all you have to worry about. Or, you might have the health insurance where you pay everything upfront and get a percentage back from your insurance company.

Don’t even get me started on the deductibles and maximum lifetime coverage amounts. Oh my.

If you want to get your health insurance premiums and out of pocket expenses low, there are a couple of things you might want to start including in your day to day life.

Regular Exercise

We all know that getting regular exercise is good for us, whether or not we want to do it. Taking care of your body and your heart can save you a lot of money in the long run. Not to mention possible increasing your lifespan.

On average, it is suggested that you get about 45 minutes a day, 5 days a week of cardiovascular exercise (walking, jogging, running, swimming, etc.) to keep your heart and body healthy. But that can sound overwhelming to somebody who doesn’t exercise at all. Don’t be afraid to start out small and work your way up; 10 or 15 minutes a day of exercise is significantly better than none at all.

Balanced Diet

Not eating a well balanced diet can lead to many health conditions down the road. Taking the time and effort now could help you avoid various conditions later on, such as: diabetes, hypoglycemia, obesity and more. Variety and moderation and sometimes all you need to get things back on track. Plus, food is meant to be fuel for our bodies, not entertainment and comfort.

Oral Care

Taking care of your teeth and gums is usually something people don’t think about when attempting to improve their health. If you have infections and bacteria hanging out in your mouth all of the time, how can you not fathom that it will get to the rest of your body. You swallow right? Brushing your teeth is generally recommended after every meal. Flossing can be done a couple of times each day as well. Going in for regular checkups with your dentist can keep oral issues from getting worse and keep your teeth cleaner.

Ditching Bad Habits

I’m sure there are plenty of other bad habits that affect your health, but I’m focusing of the 3 that first come to mind. Tobacco, alcohol and drugs. If you are addicted to any of these, then I’m sure you have heard how bad they are for your health. If you’re serious about improving your health and keeping your health insurance spending low, then you really need to consider ditching these bad habits.

 

These are just a few ways to pay lower health insurance premiums and keep yourself from paying unnecessary fees for medical care. Do your own research, talk with your doctor or insurance companies about what you specifically can do to lower your medical costs now and later down the road. There are also very many options for health insurance plans, if you’re in the market, I highly suggest taking a look at HBF’s health hub. HBF has a variety of health insurance plans, so that you can customize your coverage.