Financial Solutions to Help You Get Ahead – and Survive Any Financial Emergency
March 11, 2021 | Mason Roberts
We all dream of having a higher-paying job, a more comfortable lifestyle, and more savings. And it’s all possible. Think of financial success as a marathon, rather than a sprint. Even if you’re struggling now, if you have a long-term plan and smart money habits, you’ll overcome challenges and win the race! And for immediate cash now, see how online title loans in Delaware can help.
Effective Financial Solutions to Help You Get Ahead
1. Set a Budget
The journey of a thousand miles starts with a single step—and your future wealth starts by learning how to manage every dollar you make.
Write down the cost of your rent, bills, food, transportation, clothes. Allocate your salary, so that it covers the most important expenses. If you see that you’re overspending on an area (like transportation or food), find ways to cut back.
Ideally, you should set aside 10% to 20% savings, but you can start with any amount you can afford. Just create that habit of saving—whether it’s $20 or $200—and you’ll build the momentum that inspires you to save more!
2. Use Money Apps
While you can make a budget with good old pencil and paper, apps or other automation tools are more convenient and more powerful financial solutions.
For example, apps can help you track your spending patterns over several months, so you learn more about your habits and any leaks in your budget. They can remind you when a bill is due or set milestones for short-term saving goals like “Holiday Gifts” or “Family Vacation.”
3. Learn About the Different Kinds of Savings Accounts
Don’t leave all your money in one bank account, because you’ll be tempted to spend whatever’s there! Use one account for expenses and transfer the rest to a “Rainy Day Fund.”
Ask your bank about the different types of savings accounts or financial solutions you can get. There are time deposits, or high-yield savings accounts that have higher interest rates.
Once your money grows, you can ask about special accounts that have both savings and an investment component. This is less risky than dabbling in the stock market on your own unless you have the time or inclination to learn more about market fluctuations and trends.
4. Plan for Retirement
You work so hard today, so you deserve to enjoy your golden years in comfort! It’s never too early to start building your retirement fund. In fact, it’s even easier to set aside money when you’re younger because you have more time to save money and grow it through investment and other financial solutions.
5. Try to Get Insurance
Accidents, illness, natural disasters—these can happen any time and cause thousands of dollars in medical bills, or house or car repairs. Insurance can help cover the costs, so you get through these crises without being financially devastated.
However, don’t sign up with the first insurance policy you see. Compare the coverage, premiums, and the clauses (or, in layman’s terms, when you can apply it, how much you can get, and how much you need to pay every month to qualify for that).
Also, select the insurance for areas where you are most vulnerable. For example, if you are the primary breadwinner, your insurance should ideally help you if an injury makes you incapable of work.
6. Have a Back-Up Plan or Safety Net
It may take time for you to build up your savings or get insurance, but you can still be prepared with financial solutions for any emergency.
Title loans can help you raise cash to pay for urgent, unexpected expenses: medical bills (including emergency health, dental and veterinary treatments), house and car repairs, or important travel.
What is a Title Loan?
A title loan is one of the most convenient financial solutions for people who need to quickly raise emergency money. This short-term loan lets you use your vehicle as collateral. You can borrow from $300 to $15,000, depending on the type of vehicle and its condition.
A car, truck, or van can be used for a title loan. It just needs to be registered under your name, and the title should be lien-free. That means there are no current loans or judgments taken against it.
Why a Title Loan Is a Good Financial Decision
- Does not require a high credit score
- Minimal documents: just present your driver’s license or a state-issued ID, the vehicle title, and the vehicle itself for inspection
- Simple and fast processing time—it takes as little as 30 minutes to apply!
- You can continue to use your vehicle for the duration of the loan, as long as you follow the payment schedules
How Do I Apply for a Title Loan?
With Delaware Title Loans, Inc., you can start your application anytime and anywhere. It’s one of the most convenient financial solutions to an unexpected crisis!
- Fill out the online form on the website. All information stays confidential and used only to contact you to give you personalized service.
- Wait for a loan representative from the nearest Delaware location to give you a call. That person will explain the title loan process and answer any questions you may have.
- After the call, go to one of our branches. Bring your driver’s license or state-issued ID, your vehicle title, and your vehicle. A loan representative will examine the documents and conduct a quick vehicle inspection to determine the loan amount you qualify for.
- Once your loan is approved, you will receive your cash the same day!
Contact Us to Get Your Title Loan Today!
Do you want to find out more about title loans and other financial solutions? We have multiple title loan locations in Delaware, and other funding types, such as Delaware installment loans that can get you quick and easy same-day cash!
Use the live chat function and one of our customer service representatives will willingly answer any of the questions you might have.