The Dos and Don’t of Borrowing When You’re in Desperate Need of Cash

There are times in life when we all become a little desperate for cash. Times can get tough, and how you deal with these situations can be a real test of your character. There are some things you should know to do and not to do when it comes to borrowing money in desperate situations. That desperation can sometimes push you into doing things you wouldn’t normally, but this can only harm things more in the long-term.

To help you make sure you don’t put yourself in an even more desperate and bleak situation in the future, we’ve prepared some of the key dos and don’ts that you should have in mind when you need to borrow money in a desperate and urgent situation. Your situation will be far easier to manage if you keep these things in mind.

Do Talk to Loved Ones First

It’s always a good idea to talk to your loved ones about this situation so you can see if they can help you. It’s often best to borrow from those closest to you if you know you’ll be able to pay them back in the near future. That way, you avoid the fees and interest rates that come with other kinds of borrowing. Even if they can’t help you with money, they might be able to offer you advice and support that can really help you when you’re looking to get back on the right track.

Don’t Head to Loan Sharks

One thing you should never do, no matter how desperate you are to borrow money, is take money from a loan shark. These people are only there to extract cash from you and they won’t care how much you get hurt along the way. It’s never worth the pain that inevitably comes about as a result. Many people lose far more than they anticipated or even get physically hurt because of making the bad decision to borrow money from a loan shark.

Do Compare Interest Rates

The interest rate attached to the loan you take out is important. It’s all about making sure that you don’t take on a financial burden that’s going to be too much to handle. An interest rate is more than just a percentage on a piece of paper; it’s about how much you will end up paying back and how large your monthly repayments will be. Never forget that these things have real-world impacts on how you manage your money going forward from here so you need to be careful.

 

 

Don’t be Careless with Your Assets

It might be tempting to take out a loan that’s secured against one of your most valuable assets, which usually means your home. As I said, it might be tempting but it’s rarely ever wise. You might not expect the worst to happen, but what if it does? You will be left without a home that you’ve worked hard to earn and make your own. It’s not the kind of thing that you can afford to just be careless with, so be careful.

Do Survey All the Borrowing Options Carefully

It’s easy to forget or not even realise just how many options are out there when it comes to borrowing money these days. You owe it to yourself to survey all of these options carefully before you reach any decisions. You don’t want to make a hasty and incorrect decision. For example, this helpful site will be useful when you’re learning about the options and making your call. The best solution could be the one that you didn’t even know existed before.

Don’t Forget About Your Credit Score

Your credit score obviously can’t be ignored in this whole process either. You will accidentally damage your credit score if you keep applying for credit from all angles because each time you do so, a mark is left on your credit report. So you need to be careful and think things through so that you don’t end up making too many of these applications. You should also check your credit score before you start applying because this will likely decide whether you get accepted or rejected.

Do Take Time to Understand Terms and Conditions

Reading the small print might not be the most exciting thing to do, but it’s something that you should try to do because there’s nothing worse than getting into a financial arrangement that you don’t even understand. You’re going to be bound by those terms and conditions so it’s definitely a good idea to know what they are and what they really mean for you. If not, you could suffer the consequences later on.

Don’t Sign Up to Anything That’ll Cause You More Problems Down the Line

When you’re desperate for cash, it’s very easy to reach for the nearest quick fix you can find. The problem with this is that you can sometimes end up landing yourself in a more difficult and potentially destructive situation than you were in before, and that’s clearly not the way you want it to be. You should avoid signing up to any arrangement that’s likely to cause you more problems later on.

Do Aim to Cement the Future of Your Finances

Your long-term financial future should definitely be in your mind when you borrow cash. It’s tempting to focus only on the here and now when you’re in a desperate situation, but this will only end up doing more harm than good for you. Look to cement things properly and get on the right track so that the same problems don’t arise again for you later down the line. This should always be one of your main aims.

Borrowing cash is not necessarily such a bad thing. There are many ways in which you can borrow safely, but you do need to be careful not to fall into the traps that many others have when they’re desperate to borrow money and deal with their financial problems. These dos and don’ts should guide you.

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Why Dating Over 40 Needn’t Be A Negative Thing

Dating can be a daunting prospect, no matter what age you are. However, when you are a little bit older than the rest, it can seem even that little bit more daunting. But it need not be a negative thing – and you can do it on a budget too!

Age and location do not need to be a negative factor when it comes to finding love yet so many people find it to be so. These are the people you want to avoid. Use a more mature dating site to find a like minded individual who doesn’t see these things to be negatives but in fact sees them to be positives instead. These dating sites are often free or at the least, very affordable – and you can meet people of a similar age who have similar interests. You can find cheap or free things to do locally or you can meet someone from a different location and arrange to meet them on a budget too.

Sites such as Older-Dating.com are perfect for this – finding the man or woman of your dreams and seeing where things go. You have to remember – there is no age limit for love. It is never too late to find your soul mate. Even if you don’t find a soul mate, you could potentially find a friend or acquaintance too. Everyone is looking for the same thing and you could quickly meet someone new with just a few messages.

 

Why is online dating so good for more mature people? I often find that they find it harder to trust people than younger people do so meeting someone and getting to know them from the comfort of their own home is much more preferable than trying to ‘pick up’ someone in a bar. They don’t want to waste their time with people who may eventually disappoint them and want to find out more about a person before they eventually meet up with them in real life. I don’t blame them for being nervous, I would too – I also don’t trust too easily.

It also helps older people build up confidence. They build up confidence by getting to know new people but they also build up confidence using the internet – I still know plenty of people my mum’s age who have no clue how to work technology or surf the internet.

It can be so easy for older people to try to give up on love but that needn’t be the case. There is someone for everyone out there so why wouldn’t you give dating a try once again – even if you aren’t a spring chicken? All you need to do is set yourself up online with a decent profile and profile photo, saying what you are looking for and what things you are into. Then you’ll eventually be matched up with like minded men or women who are interested in your profile and what you have to say. You don’t want to be sitting there scrolling through multiple profiles when they aren’t of interest to you so signing up to a site that does the matching for you is key.

The only thing that remains to be said is that to make sure it isn’t a negative thing is to make sure you don’t fall into the trap of doing certain things.

Don’t talk too much about past/previous relationships

It can be tempting to do this – especially when you are of a more mature age – but this is not something most potential dates will want to hear. Yes, there may be a lot of history there but if you want to spend your future with someone, the last thing they want to hear about is your past.

Being too keen

Don’t be too over the top. It may seem like that is what people may want – but it very rarely is. They want you to be yourself and pretending to be someone you’re not won’t go down well. You want the experience to remain positive, being yourself is the most positive thing you can do.

Not staying true to yourself

Finally, you need to make sure you are staying true to yourself. You don’t want to compromise your own values or morals for a potential relationship – especially if you aren’t sure if you are going to last the distance. Staying true to yourself is vital to having a positive dating experience.

Dating over 40 needn’t be a negative thing – so don’t let it! Get meeting new people for free or cheap today and have lots of fun. Good luck!

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Five Budget Date Ideas

Looking for love? You’re not alone. There are countless men and women out there who are also looking for love. They are looking on their local dating sites to find like minded individuals who share their wants and needs.

But once you’ve secured that date, how can you have fun whilst keeping to a budget? Here are five budget date ideas for you to try:

Have a picnic in the park

Make the food before you meet each other – both bring a variety of food and drink for you both to enjoy. Indulge in conversation and get to know each other better whilst chilling out on a blanket. Watch people go by and have a fab time.

Binge

We all know that phrase ‘Netflix and chill’ but you don’t have to do the whole chill thing just yet if you don’t want to, haha! However binge watching some movies or some interesting shows together is a great date idea that won’t cost much more than your Netflix subscription and some snacks.

Go To A Museum

These are generally free and whilst they may not seem like the most obvious date idea, they can be great – especially if you have a shared interest that the museum caters to. Why not head to your local museum and see what conversation it sparks up? Who knows – you may just realise you’ve met the one whilst looking at a years old exhibit.

Get On The Discount Sites

It may sound silly but there are some fab deals on the various discount sites around if you only look. That way you can have what would usually be an incredibly expensive experience for a fraction of the price. Afternoon tea, a track day, a trip somewhere – not necessarily your most obvious date ideas but they will surely be memorable if you whip them out of the bag for your date. You would be a fool not to keep an eye on these sites and then purchase a deal that is perfect for the person you are meeting!

Cook For Them Or Have Them Cook For You

It may not be your first choice – especially if this is the first time you’ve met them – but if you’ve been on a few dates now, why not cook for each other? It is definitely to be much more in the budget than a meal out and it gives you the chance to impress (or horrify!) with your culinary skills. Sure, you may encounter an extra expense if you choose to go all out to impress them but if you choose to make a simple but impressive dish with the contents of your fridge, freezer and cupboard, then you’re winning – a decent date without spending more than a few pennies.

These are just a few date ideas for those times when you need to keep to a strict budget. Do you have any more?

*Looking for love in your area? Try senior dating if you are looking for the more mature man or woman. It will obviously depend on your area as to what dating site you need but don’t forget to check out dating in Bristol, Wiltshire dating sites and single women in York if those are of your area. But you don’t have to be looking for love to take advantage of budget date ideas – some people are just into some no strings dating and that is fine too!

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