Newport, Kentucky
58 Carothers
Newport, KY 41071
(859) 491-8885

3 Ways to Recover From Holiday Overspending December 28, 2018

Newport, Campbell
3 Ways to Recover From Holiday Overspending, Newport, Kentucky

It’s a kind gesture to buy gifts for all of your friends and family during the holidays, but many people don’t realize how much they’ve overspent until they check their bank accounts after. It’s not uncommon to find a lot less money in it than expected during the holidays, after a vacation, or during an emergency. Fortunately, there are several ways to overcome your cash shortage, including cash advances and smart budgeting.

3 Tips for Getting Over a Financial Hangover

1. Make a Budget

cash advanceWhen money gets tight, the best solution is to create a budget and adhere to it until you can spend comfortably again. Depending on how much cash you need to cover your expenses, you may be able to shift funds from one expense to another, such as paying off a credit card bill or cash advance loan using the money you’d ordinarily spend going to the movies or buying coffee.

2. Prioritize Your Spending

The key is to rack up as little debt as possible before you can pay off your existing obligations. January is a notorious time for after-Christmas and New Year’s sales, but you shouldn’t purchase anything until you have disposable money again. Avoid using your credit cards for anything other than an emergency, and be honest with yourself about what defines a necessary expense. For example, don’t tell yourself it’s okay to eat out because you’re hungry. Instead, make a grocery shopping list and use coupons to charge as little as possible to your credit cards.

3. Take Out a Loan

Sometimes you’ve overspent so much that your best solution is to seek out a payday loan or cash advance. They allow consumers to borrow a small amount of money for a brief time. Only borrow the amount you need to cover existing expenses while still being able to repay the advance when it is due. 

 

Those who find themselves in need of a short-term loan in Florence, KY, and its surrounding areas will also find reasonable rates and quick approval through Advance U Cash. With additional offices in Newport and Alexandria, this cash advance company offers a variety of financial services to customers,  including check cashing. No matter what type of credit you have, you can get approved by calling (859) 746-2274 or filling out an online application today.

Other Announcements, Events and Deals from Advance U Cash
3 Ways to Keep Vehicle Maintenance Costs Low, Newport, Kentucky
When your car breaks down and needs expensive repairs, a short-term loan offers a feasible option for covering these unexpected costs. However, as you likely don’t want to ...read more
5 FAQ About Payday Loans, Newport, Kentucky
Payday loans offer cash advances for people who are unable to meet short-term financial needs. The loans provide temporary stability until your next payday. Here is some insight...read more
What Does Home Insurance Cover?, Newport, Kentucky
In many instances, homeowners insurance helps you manage expenses when your property sustains damage. However, you may need to fully pay for problems caused by incidents that yo...read more
4 Types of Purchases to Splurge On, Newport, Kentucky
Saving money is a worthy goal, but cutting corners on certain purchases can sometimes cost you more in the long run or make a negative impact on your daily life. In these cases, it m...read more
3 Ways You Can Afford Car Repairs, Newport, Kentucky
Many people put off getting much-needed car repairs because they can’t afford them. Paying for the repairs means they would have to sacrifice some other financial obligation, li...read more