How Not To Spend Money For An Entire Month
November 19, 2020 | Mason Roberts
No-spend months or month-long financial detoxes have become popular these days especially among young adults. The idea is to basically not spend any money except on the basic necessities. Going a whole month without spending money can really put things in perspective and help you look closely at your finances. It can be a starting point for your future financial planning and budgeting since you can weed out the unnecessary expenses. Secondly, a month-long detox can help you save up for an upcoming large expense.
The idea of going a whole month without spending money can be indigestible for most. But if you're planning on going on one then don't worry, here are a few tips to help you through. We’ll also cover how you can secure emergency money through title loans in Louisiana.
Preparation Is Key
Before you start your no-spend month, make sure you plan ahead. First make sure you don't do it in a month with holidays, birthdays or anniversaries. Then have a look at your monthly expenses and jot down the absolute essentials, rent, medical bills, groceries, and utility payments.
Most importantly, and we cannot stress this enough, plan your meals. Have a look at what you have in your pantry and fridge before going grocery shopping. Try to cook meals from the stuff you have and even if you do go grocery shopping then make sure you don't splurge. Preparing meals every day will be an important aspect of your life as this will save trips to the local restaurant or eatery.
Tell Your Friends And Family
If you are aiming for a financial detox month then tell your friends and family. One of the main reasons why people fail at this is that they are unable to say no to other people. Offers to go out for lunch or a few drinks after work is just so tempting and come bundled with societal pressure. You can simply tell your family and friends to not invite you to such an outing and instead you can plan a simple get-together at home.
Sometimes the fear of missing out (FOMO) is irresistible especially if the reason is money, so self-control is vital.
Just because you are not spending money does not mean you can’t have fun. There are loads of activities that you can do without spending cash. Invite your friends over or have a movie night with your significant other. Exercising, going for a hike, or spending a few hours at the library are great ways of filling your time.
Get A Title Loan In An Emergency
We hope that our tips prove helpful in your endeavors for a no-spend month. As we highlighted above a month like this can really help you save for a large expense or financial emergencies. But sometimes life hits us hard. Sudden medical bills or home repairs require urgent cash without giving us the option to save for a month. If this is the case and you have a car then you can opt for a title loan.
Cash Cow Louisiana
The Benefits of Title Loans
They’re fast and easy! The main advantage of title loans is that they are super easy to get and ensure same-day cash payment. With Cash Cow Louisiana, the whole process is convenient and takes around 30 minutes to complete. All that is required is for you to fill out an online application. Once approved, the cash will be transferred to your account the very same day.
You keep your car. The second advantage of getting a title loan is that you can keep on your car as it will not be requisitioned. You keep and operate your car as you normally would.
All credit is welcome. If you are getting a title loan then you do not need a strong credit score. In fact, people with no credit history are accepted as well. This is perfect for recent graduates or people who are behind on their credit card bills.
Convenient repayment plan. We understand firsthand just how tough handling an emergency can be which is why we’re here to work with you.
How To Acquire A Title Loan
Acquiring a title loan is easy and can either be done online or you can simply drive up to one of Cash Cow Louisiana stores. You can follow this step by step guide to get a title loan:
- You can start your application by filling out a short form found on the homepage and submitting it.
- A representative will call you within a few minutes to schedule a meeting for your car to be inspected.
- You’ll be asked to bring a few things to your meeting, which includes:
- Your driver’s license
- The title to your vehicle
- Your car for the inspection
- You’ll find out how much you’re eligible for following the inspection.
- You’ll fill out some basic paperwork.
- You’ll receive the money on the same day that you apply if all goes well!
When it comes to handling an emergency, it’s important to know that you can obtain a title cash loan quickly. Even if you’re planning to spend an entire month saving money and find that your budget isn’t enough to handle your emergency, you can easily acquire cash for title in Louisiana. So, what are you waiting for? Start your application today!