Avoid These Top 5 Budget Breakers
When someone mentions budget breakers, we instantly think about vacations on the beach, expensive watches, or a new smartphone. And while splurging on these will definitely put a dent in your wallet, it is actually the little everyday expenses that stack up and break your budget. Our guide will help you avoid the top 5 budget breakers.
According to a 2009 survey, around 75% of Americans plan out a budget each month with only 10% saying that sticking to it was easy. Monthly budgeting, however, not only helps you balance your expenses with income, but it can also highlight where you can cut back in order to save some money. And you can put your dad’s old checkbook back because in the modern and tech-savvy world, creating a budget is as easy as going online and downloading one of the many personal budgeting apps available. Once you have your budget set, here is the list of the top 5 budget breakers you need to avoid, and here’s how you can secure emergency financial relief using title loans or auto registration loans Arizona.
Online Shopping
Have you ever searched a product online out of curiosity, only to see thousands of ads for the same product all over your social media? These ads are betting on your impulses for that one click that will ultimately lead you to the “Checkout section”.
Impulsive online shopping can ultimately wreak havoc on your budget. You can avoid the urge by delaying; just wait 30 minutes and then analyze whether you still need the product. You can also delink and remove your credit card information from your device; again, this will give you more time to think.
Grocery Shopping
Now, this is an essential right, but it also takes a large chunk of your budget. One way that you can save on grocery shopping is by buying in bulk and at good prices. Wait for sales if you have to, and if you get a great deal on something then you can stock it up. You can also look for cheaper alternatives.
Subscription Services
Ask yourself this, “Do I really need to be paying a subscription fee every month for DIRECTV, Netflix, Amazon Prime, HBO, and all the other streaming services out there?”
All these services can really add up and eat at your budget and they might not be as affordable as you might think. Even though you might hate it, it could be time to cut down on some of these subscriptions.
Remember - You can always add these services back when you’re more financially stable.
Buying Breakfast and Lunch
Breakfast might be the meal of champions but that doesn’t mean that you must have it from a high-end coffee shop on your way to work every day. Instead, try to wake up early and make breakfast and coffee at home. And while you are at it, pack a lunch for yourself as well. Believe us, making breakfast and lunch at home is a real cost saver.
Food Deliveries
While we are on the subject of food you might want to take a look at the number of food deliveries that you make every month. We’re all guilty of this especially since there are so many apps out there making deliveries faster and convenient. This habit can actually be quite detrimental to your financial health so try to keep this to a minimum.
In the Event of an Emergency – Get a Title Loan
The list above shows good ways of avoiding breaking your budget, but what if you’re facing an emergency in Arizona? An Online title loan in AZ is an option that can grant you access to emergency cash. You can also use auto registration loans if you don’t have a vehicle. Here’s how they work.
Southwest Title Loans
Online Title Loans
Online title loans can offer you up to $15,000 on your loan today. They’re a fast, easy to apply for loan that can grant you money on the same day that you submit your application. Because it’s based on the title to your vehicle, your credit score doesn’t matter. You can start your application today by filling out a short online form that takes just minutes to complete. After that, a representative will contact you to review the next steps of the application process which involves a face-to-face meeting at one of the many locations we serve throughout the state. Here’s what you’ll need to supply in order to secure your loan:
- Your driver’s license
- The title to your vehicle
- Your car for an inspection
- A blank check to your bank account
The money will be deposited directly into your bank account, often on the same day that you apply.
Registration Loans
No title? No problem! We also offer auto registration loans online that can be easily accessed from the comfort of your home. By providing your contact and employment information, a loan representative will determine whether you’re eligible for a registration loan and how much money you’ll receive. Like title loans, registration loans are based on your credit score, so you can be approved with good, bad, or nonexistent credit.
The bottom line is that building a budget that supports you and your life is difficult but worth it in the long run. Even if you make all of the changes on this list today, you likely won’t see immediate results, which isn’t helpful if you find yourself face-to-face with an emergency. That’s why we make finding title loans near me and registration loans near me easy.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.
