Top 10 Ways People Are Throwing Away Their Money
We can almost guarantee that you are throwing money away. Right now, you probably have appliances plugged in that you're not using. Correct? We thought so — and there is a load of other things happening that is causing you to lose money. Don't worry, we’ll point out all of the ways you’re losing money and we’ll also cover how you can secure emergency month through title loans in New Mexico.
10 Ways You Are Throwing Away Money
1. Taking Super Long Showers
Sorry, but those extra-long "thinking" showers are not good for your bank account. You are, quite literally, pouring cash down the drain.
2. Dismissing Refurbished Goods
Refurbished does not mean "failures." But unfortunately, that's how many people think. These gadgets have to go through lots of testing to be put back up for resale so they are truly as good as new. You’re finding good deals with buying used.
3. Paying Full Price for Absolutely Everything
These days, there are so many bargain sites around. Why not start using them? They save you so much money and takes next to no time to set up. Some of these websites include:
Make sure you take advantage of all the amazing deals you'll find.
4. Not Having a Plan
You need to have a plan when it comes to money. Set financial goals. They will give you something to aim for and stop you from spending frivolously.
This should be self-explanatory. However, gambling addiction is 100% real and very financially dangerous. You will never win more than you lose when gambling. How do you think the casinos make their money? So, try to kick this habit. And if you can't do it on your own, get some help. It is well worth it.
6. Never Unplugging Appliances
We know you set them to off, but that's not the point! Appliances still sap electricity when they're on standby. It takes roughly 2 seconds to unplug them and it'll save you a ton of utility money.
7. Going to the Supermarket When You’re Hungry
It's no secret that food shopping when you're hungry encourages you to buy more. Why? Because your stomach is doing the talking. Try to make a list and eat before you go.
8. Paying For Subscriptions You Aren't Using
If you aren't using that gym membership, cancel it. The same goes for any other service that takes money from your account every month.
9. Skipping Happy Hour
Even though you might not be hungry when it's happy hour, it's the best time to go. The saving potential is huge here.
10. Buying Food at Events
Food stands at events charge higher prices because there aren't any other options. Beat them at their own game by packing some snacks (or just eat more beforehand).
How to Secure Emergency Money – Title Loans
We’ve shown you how to shrink your monthly budget but what happens when you need money in a pinch, money that can’t wait for the added revenue to show up in your bank account? When you’re facing an emergency, car title loans can help you handle whatever it is that you are facing. Here’s how they work.
What is a Title Loan?
A title loan is a short-term loan option that allows you to secure up to $10,000 by offering the title to a vehicle you own up for collateral. They’re fast, with the entire application process taking as little as 30 minutes to complete and the funds are deposited directly into your bank account for you to use for whatever it is that you’re facing, whether it’s a medical emergency or a sudden expensive repair. The best part about title loans? They aren’t dependent on your credit score. You can secure one even with terrible credit.
How to Apply for a Title Loan
If you find yourself wondering how do title loans work in New Mexico? - don’t worry. We’ll walk you through how to complete your application and fast track your financial relief with these easy steps:
- Complete the online form found on our homepage and submit it.
- Receive a call from a loan representative who will schedule a meeting with you. Don’t worry about planning to visit a store location – they’ll come to you at the destination of your choice!
- You’ll supply a few key pieces of information during the meeting, which include:
- Your driver’s license
- The title to a vehicle that you own
- Your car for inspection
- A blank check to a bank account in your name
- After the inspection, you’ll find out how much you’ll receive for your loan and, after filling out some quick paperwork, the money will be deposited into your account quickly.
Title Loans – The Bottom Line
Title loans are an option for when you’re facing a daunting emergency. Even when you have cut down on the money wasters in your budget, preparing for an emergency can seem like an impossible task. When faced with these events, car title loans are here for you when all other options fail.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.