Get what you need without cheating on your commitments.
Every single one of us must have something we want to achieve and that something takes efforts. That’s why having a financial commitment is important. It is what drives us towards our goals and leads us to financial freedom.
As we all know, commitments can be difficult sometimes. There are many things that might tempt us to cheat or take a break. So what to do when temptations come disrupting your financial commitment?
Try short term credit.
Short term credit helps you cover your emergency financial needs.
Don’t immediately start taking money from your savings when an emergency calls, it would be a bad habit that’s hard to quit. Applying for a short term credit can be an alternative solution to emergency needs. You can get instant cash, repay it over a short course of time with a rather low interest, and your savings stay intact.
A boost for your credit score
This is a secret strategy for boosting your credit score. By applying for short term credit and paying it off consistently, not only will you enjoy the benefits of short term credit, but also improve your credit score. This will help you in the future when you’re ready for a bigger financial commitment, such as taking a mortgage.
Managing your business capital
Whether your business is just getting started or already running for a few months, your capital must be used for business purpose only. You’re risking your business if you keep taking a small amount of your capital for your other needs. This is where short term credit comes to the rescue and keeps you from “stealing” your business capital.
Helping your cash flow
When the slow seasons come visit you, thoughts like “I’m going to take my retirement savings and use some for this” or “I can borrow my working capital to pay that” may cross your mind. This is not healthy. Things like retirement savings and working capital are the examples of financial commitments, so you may not want to misuse them. Short term credit can also help you in this case so you stay committed to your financial commitments.
At the end of the day, a good money management is what it takes to make a financial commitment happen. One key to help you fulfill your financial commitment is know when to save, when to take credit and when to ask for help. So never fear loans or credits, they exist to help your finance. Make sure you choose a trustworthy, transparent loan provider. Choose SpotMe and enjoy the ease of loans, flexible repayment system and low interest.