How You can Afford that Next Big Expenditure
Have you been wanting to purchase a new car? Thought of buying new furniture or appliances perhaps? Maybe you’ve decided that it’s about time your house got that refurbishment you’ve always been talking about.
No matter who you are or where you are in life, there’s always some major project or big purchase you’re itching to get, but these always involve spending a lot of cash- cash that you may not have at the moment. This unfortunate situation can make those big projects and purchases perpetually unachievable dreams. But believe it or not, they can be achieved even with just a limited income. How is this possible? By following through a few important steps:
Set up a Savings Plan
The first and most basic step to being able to afford any major expense? Have a good savings plan and stick to it. A good way to start would be to tuck a portion of your monthly income away before you start spending for anything or making a monthly budget. In this way, you are guaranteed to have saved some money specifically for your planned purchase. Or you can pledge to drop a few dollars each day in a piggybank which you will only open when you’ve saved enough to make that big purchase.
Eliminate Unnecessary Purchases
It’s surprising just how much people spend on unnecessary things. Things like bottled water (when you can just drink water out of the tap), cigarettes, store-bought food and coffee can cost hundreds of dollars a year and you really don’t need to purchase them. Instead of buying these things, funnel what you’d spend on them into your savings.
Sell Before You Buy
Always buy and sell smart. Buy online or at large discount stores to get lower prices and great deals. Buy things that, a couple of years down the line will still command great prices should you resell them. And before buying anything new make sure to sell the old one, don’t just give it away or throw it away. Even if you think it’s practically junk, any value you get out of selling it is still saving you cash you could use on your next big purchase.
Try to Make a Deal
Haggling is not something many people think of doing, and it’s not something a lot of people want to do either. But negotiating prices can save you tons and help you get what you want at the price you can afford. So before purchasing anything on the spot, try to see if you can get a lower price. Often, stores will agree on lower prices for slightly damaged goods or floor samples.
Get a Good Loan
If what you want to purchase is slipping out of your hands and you just don’t have the time to save up for it anymore, getting a fast cash loan could be your best solution. Here at Money3 we offer a slew of personal loan solutions that can cater to your every financial need. A good loan like the ones we offer here at Money3 will give you the right amount of money for your needs and make sure to give you enough time and the right repayment conditions to pay it off in full. With Money3 at your side, you never have to wait long to make that big purchase of your dreams.