7 Budgeting Hacks for Getting A Month Ahead on Bills
Getting a month ahead on bills is usually very beneficial for your financial stability. When you work on getting a month ahead on bills, you also help yourself be a lot less stressed, and more content, and happier in your life.
Yet, while many people would love to be in such a position, only a few seem to think it is possible without significant sacrifices. While there is a kernel of truth in it, such as that you will have to make certain changes, getting a month ahead on bills is well worth them. And while it may be hard for a little while, it is certainly not complicated.
Here are 7 simple budgeting hacks you could utilize for getting a month ahead on bills, plus an easy and simple way of using payday loans to address the urgent ones quickly.
Best Budgeting Hacks for Getting A Month Ahead on Bills
1. Rearrange Your Budget
Sometimes it can be as easy as just re-arranging your budget.
Take a good look at your monthly expenses and find out which of them you can reduce without much discomfort.
Cut your grocery budget by $10-15, do not give yourself any free spending money for just one month, cut down on your monthly savings goal if you have one (you should), and put that money towards “bills fund” instead.
But if simply re-arranging the budget does not work, you might have to take more drastic measures – and make some more serious changes.
Read: How to create a personal budget spreadsheet.
2. Cut Unnecessary Expenses (At Least for A While)
Any expenses in your life you could live without? This is the right time to find out.
Any subscriptions, memberships, premium apps you are not using, cable, takeout and alcohol, cigarettes (by the way, dropping smoking from your habits could save you up to $200 a month).
The more expenses you can cut, the more money you can put towards getting a month ahead on bills.
3. Try A No Spend Challenge
A no-spend challenge can be a great way to 1) save money; 2) find out what you can cut down on in the long run.
Just doing 1 week of the no-spend challenge (eating out of your freezer and pantry, no coffee runs, no new purchases – big or small), could help you put more than $100 extra towards your bills.
4. Find Out If You Can Negotiate
Did you know you can negotiate certain bills? Not rent or utilities, but things like car or health insurance, or credit card payments.
There are even apps to help you out. Try Trim or Truebill to find out what you can cut down on.
5. Get a Side Hustle
Bringing in even an extra couple of hundred dollars monthly could be life changing. Or at least budget changing, especially for your getting a month ahead on bills agenda.
Think of your skills and which of them you could monetize. You could earn extra cash online if you are a good writer or a graphic designer. You could make deliveries on weekends if you own a car. Or you could just help with simple tasks like moving or furniture assembling in the area – check out Craigslist or TaskRabbit.
6. Ask for A Salary Advance
If your company offers salary/payroll advances, you can ask for one to pay off any standing bills or debt you have. However, do account for the fact that your future paycheck will be smaller if you do.
It is not an ideal fix, but it will help you if you are on a tight deadline. Which brings us to…
7. Don’t Let The Bills Go Overdue
This might be the hardest step to follow but getting a month ahead on bills can be next to impossible if you are falling behind before you even start.
If you already have overdue bills (or bills that are about to be overdue), or if you have been hit by some unexpected expenses, prioritize paying them off as soon as possible over everything else.
When this is the situation you are in, getting a payday loan could be an option worth exploring if you need to urgently pay off some bills.
Why Payday Loans?
Payday loans are accessible, easy to apply for, and fast. You could get one the very same day you apply, which could help a lot when dealing with overdue bills.
You can apply for online payday loans even with bad credit or no credit at all – and, unlike bank loans – all types of income can be considered.
How to Apply for Payday Loans Near Me
These days you can easily apply for payday loans online, without having to leave the comfort of your home.
Just go to the Carolina Payday Loans website, fill out the online form and submit. When the form gets processed, you will get a call from the loan representative. They will provide further instructions and schedule a meeting for you.
You will need to take the required items – a government-issued ID, your most recent pay stub (as proof of income), and a blank check from an active checking account in your name – to the meeting.
The Carolina Payday Loans associate will check everything to determine if you qualify for the loan. If you do – you can get the cash the very same day.
This entire process typically does not take more than 30-45 minutes.
Do Not Let Urgent Bills Pile Up, Get A Payday Loan Today
There is no reason to let the stress build up in your life when you have urgent bills to pay. Get ahead of the game and start working towards your financial stability. Submit your request for a payday loan application today.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.