Do you need some extra cash?

Did you encounter the time that even though you are so frugal and keeping your finances in a budget you still experience some financial difficulties? My family is no exemption in this hardship. It’s raining season once again and our the roof above our comfort room needs some major repair.  This is the disadvantage of hiring an unprofessional carpenter.  Maybe he doesn’t know how to put the roof the proper way that’s why it didn’t last for long since we just had it repaired last year and now it’s already leaking.  This coming month, we will also start paying for the brand new townhouse we just bought, it’s on the budget but the first payment is 1 day ahead of the payday.  That’s why I need to borrow some extra cash to cover it up just for this month.

I am thinking of making some cash advance on my credit card. It’s faster and easier than borrowing from somebody else. But, although cash advance is extremely convenient, you should take them in moderation since the interest rates are quite higher than the normal loan. That is why, I am only considering in doing this if the situation really calls for it and that I make sure that I can pay for it on the cut-off date.

On the other hand, my mom has another option when having some financial difficulties.  She will pawn the SSS pension of my Dad to some lending companies. The prevailing interest is lower compared to cash advance loan but the process is longer.  She needs to sign up some forms and wait for it for some hours to be released.

Whatever we choose we should always keep in mind to pay it back. 

what ever happens in life we should always remember to live life to the fullest