How to Deal With Stress in a Financial Emergency

October 23, 2020 | Peyton Sawyer

 

Stressed without title loan.

 

When you have a financial emergency, it can feel like the world is crashing in on your chest, making it difficult to breathe. Dealing with the compounding stress can be a challenge, but it doesn't have to if you implement these few easy stress-relievers designed to improve your situation and promote you to be proactive in the future. We’ll also show you how you can secure up to $15,000 in emergency loan money through auto title loans and payday loans.

Create an Emergency Fund

Creating an emergency fund is essential to act as a buffer to protect your budget. If you haven't created a budget, we just put the cart before the horse. Budgets help you see what you are spending so you can carve out money for an emergency fund and eliminate unnecessary spending.

Balancing Your Budget

If you have difficulty meeting financial responsibilities and proactively saving for emergencies, it is essential to review what income you have and what expenses are taking it all. Budgeting is nothing more than reviewing where your money is going and what your spending behavior is.

Reviewing the line items in your budget will allow you to separate what is necessary, such as utilities, rent, car payment, and insurance from what is a luxury, such as in-app purchases, dining out, extra-grocery items, and subscriptions. Budgeting gives you control over your spending and pulls back any overspending. Controlling what you spend stretches your dollar in between paychecks and allows you to save for financial emergencies. Doing this simple task will improve your quality of life, diminishing stress better than any colorful stress ball on the market.

Budgeting Apps

If you are struggling with how to monitor your spending, several free apps can assist you in the easy step-by-step process. Having an app on your phone that categorizes where your money is going for you will give you valuable insight into where changes need to be made. Most budgeting apps are free and offer colorful charts and graphs that give you a visual flow of how your money is spent. Pictures are worth 1,000 words and may motivate to get your budget back on track; boom, no more stress.

Get Outside Help

Don't be afraid to ask for help that will benefit you in the long run. If you need assistance to cover outstanding bills to help you get back on track, you are establishing a game plan. Game plans are crucial on the road to financial independence and stability. If you are overspending and need the funds to cover expenses while you work on cutting out unnecessary expenses, put that plan into effect.

Get Cash Fast with a Payday Loan or a Title Loan

Need a little help to get your emergency fund and budget going? Well, getting emergency cash isn’t hard if you live in Texas thanks to the easy-to-apply-for payday loans and title loans. Both are a short-term loan option type that allows you access to money through the use of your vehicle title or your proof of employment. Here’s how they work.

Advantages of Online Payday Loans and Title Loans

  • Up to $15,000 in same-day cash with title loans
  • Up to $1,200 in same-day cash with payday loans
  • No in-store visit is required
  • You can start your application online
  • Fast and high approval rate
  • The money is directly deposited into your bank accounts
  • Your credit score doesn’t matter

Title loans allow you to access money by using the title to a vehicle you as collateral in order to access your loan money. Payday loans, on the other hand, are based on your current state of employment which is why your credit score isn’t a determining factor for your eligibility. We accept all credit – good, bad, or nonexistent.

 

Title loan relief.

 

What You Need to Supply for Your Application

We understand that facing an emergency is intimidating, which is why we’ve made this process as easy and streamlined as possible. During your application, you’ll be asked to supply a few basic pieces of information, which includes:

  • For Title Loans:
    • Your driver’s license
    • The title to your vehicle
    • A blank check to your bank account
    • Your vehicle for inspection
  • For Payday Loans
    • Your driver’s license
    • Your most recent paystub as proof of employment
    • A blank check to your bank account

The bottom line is that dealing with stress is difficult, especially when you’re facing an expensive emergency that your budget won’t quite handle. If you’re starting to feel your stress increase, start by taking a deep breath because Texas Car Title & Payday Loan Services, Inc. is here for you, even when you’re other options fail.