Money is the strongest magnet in the world. It satisfies every materialistic need, and this is the reason it is ubiquitous in presence as well as importance.
Speed is vital in the availability of funds
Now and then we need it, and sometimes we need it REALLY FAST. At that time, we think of all the possible ways of attaining funds, and of course, there are some immediate sources. Do not wait to explore them at the last minute; gather the necessary information beforehand to play safely at the time of crisis.
The ways are according to the size of the need
Not every financial need is equal in size, today you need £200, and then the solution should not be much complicated. On the other hand, if you need £5000, you have to make intense efforts, as the need is significant. It is not possible to generalize the rules. Varied conditions demand a varied amount of money.
Small needs of funds and solutions
If you want money for a sudden financial need, simple methods are sufficient. The following are the most common ones –
- Credit card payment
- Electricity or other bills
- A weekend party
- Buying a new dress
- School fee
- The urgent trip out of the city
- Repair work at home etc…
Look at the several ways that arrange instant money for you.
- Use your monthly saving or a part of it – Tiny needs can be tackled with natural ways. You want to buy new curtains because your colleagues are coming to your place for a small party. This purpose is not significant in scale a little slice from your monthly savings or even using the complete saving should be fine. Nothing can be instant than this.
- Borrow from a friend/family – Of course, it is one of the most traditional ways to say ‘NO’ to the financial crisis. It is good to have some people around you who can help immediately at the time of need.
- Take an instant loan online – We continuously get the messages in our mobiles about immediate short-term loans. There are various loan products available in the market; they are just a few clicks away. Text loans, instant cash loans, payday loans etc. are available immediately. However, it is advisable to avoid high-interest options like payday loans. They negatively affect your credit reports.
Big size needs and solutions
Now comes the turn of the thunderbolt. The more significant needs sometimes knock your door and sometimes don’t. They just break the door with a bang and leave you stunned. It is complicated to feed the enormous need for funds, but with several ways, you can tackle them.
The big financial needs are –
- Unexpected medical expenses
- Home improvement
- Deposit money to buy a car
- Big purchase of any consumer durable such as fridge/air condition etc.
Many more needs can find a place on the list, but you have gained the necessary understanding. Now, it is the time to find out the cure of cause.
The remedies are…
The ways can help you frame the right type of solution at the right time. Have a look –
- Sell your car/vehicle – This method helps faster if you know a car dealer who can tell about the prospective buyers. Otherwise, you can sell to a friend or a family member in need of that car. Many people work on this method, and it is usually a successful way.
- Borrow extra funds through remortgage – Mortgage solutions solve many offbeat purposes. From paying off multiple debts to home renovation, the mortgage can be the carrier. For instance – You plan for home improvement for an upcoming wedding function and need funds as soon as possible.
Find a fee-free mortgage broker online that can find a remortgage deal on your current home, which allows you to borrow extra funds. You can use the money for the purpose and can feel proud of this smart decision. However, make sure that you get a cheaper deal otherwise high-interest rate can cause you to pay hefty instalments.
- Sell your jewellery – This may sound a tough decision, but if the purpose is bigger in importance, then this decision is necessary. It is just a practical move of your life where you need to priorities what is essential. There are many websites and also jewellery stores that offer to you to sell your ornaments on reasonable prices with a few formalities.
The ultimate message is………..
The above bunch of tips or ways or methods or whatever you call is the most practical solutions. They can get you money for small as well as bigger needs. At least you have now some options in your mind. Start exploring the possibilities in every field. The best thing is to strengthen your savings and emergency fund strong and large. No help can be better than self-help. Isn’t it correct?