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Find Out How To Better Meet Your Monthly Costs With The Resources Below

Anticipating your monthly costs and allocating the money to pay for them can help you save money for the things you really want. Check out these information sources for advice on budgeting your income and saving money.

• Plan ahead on how to spend your monthly income and stay on top of monthly costs. Learn how to budget your monthly income from TheNest.com.
   
• Cutting costs around the house will help you put aside more income to pay off rent and bills. Read this article from SmartMoney.com for 5 ways to cut household costs.
   
• Running your air conditioner all summer will drive up your energy costs, making it harder to pay your other bills. Check out these tips to help you save money on energy bills from EnergySavers.com.
   
• Do you need advice on how to budget your money to pay off transportation, food, and household costs? Learn how to organize your finances and stay on top of your monthly costs by reading this article from CNBC’s On The Money Blog.
   
• A checking account makes it more convenient for you to pay bills and is required to qualify for most loans. Find out about checking account requirements by reading this article from LiveStrong.com.

If you need money to pay off past due bills or other cash emergencies, call RainCheck at (801) 734-9106 for information about our payday loans. 

How Does a Household Budget Work?

A household budget is vital to dispersing your income evenly and getting out of debt. When creating a budget, make sure you have all the necessities like food, clothes, and shelter covered.

In this video, Jessica Rose Smith explains how critical budgets are to maintaining financial health. Make sure you have enough income to meet your current obligations before signing up for optional, discretionary luxuries like cable service or a gym membership. Learn more about household budgets by watching this informative web clip.

RainCheck is here to help if you need money to cover an unexpected cost. We offer our customers the chance to pay loans down over time, make principle payments toward loans, and extend payment due dates by paying off interest. Call us today for more information about payday loans and payment plans at (801) 734-9106.

Tips for Meeting Your Fixed Costs

If every month is a struggle to find the cash to pay off bills and make rent, reexamine your budget. Anticipating how much money you’ll need for essential expenses and to pay off recurring bills will help you disperse your income more effectively. Check out these tips on meeting fixed costs by determining your total take home pay, keeping track of your weekly expenses, and anticipating upcoming costs.

Determine Your Total Take Home Pay

Determining the amount of income you have is absolutely vital to meeting your fixed costs and maintaining a budget. Calculate the amount of income you receive after taxes and don’t forget to include any other sources of income you might receive. Do this, and you’ll know how much money you can dedicate to essential expenses and discretionary spending.

Keep Track of Your Weekly Expenses

If you find yourself asking where all the money went when it’s time to pay the bills, try listing whatever you spent money on during the week. Include everything; even small purchases like magazines and snack foods can add up over time. Tracking your purchases will give you an idea of how much money you need every week for transportation, groceries, and other necessities not found on your monthly bills. If you spot weekly expenses that aren’t necessary, eliminate them from your budget or obtain them for a cheaper price if possible.

Anticipate Paying Bills

Make a list of your recurring bills—including credit card, energy, and loan payments—and estimate how much you’ll need to set aside to meet those costs. Dedicate a portion of your take home pay towards paying these bills to avoid late fees that cost you more in the long run.

RainCheck offers short-term solutions for people who need help covering unexpected costs. Contact us in Salt Lake City and apply for a payday loan if you need cash now. Call us at (801) 734-9106 for more information on meeting monthly payments and our available loan options. 

Who Can Qualify for A Payday Loan?

Payday Loans are a great option for you if you need cash quickly for an emergency or unexpected situation. Because they’re meant to help those in need of fast loans, only a few requirements need to be satisfied in order to qualify for a payday loan. Here are all the minimum requirements applicants need to qualify for a payday loan:

Applicants With Established Residences

Payday loan recipients need to have lived at least 6 months at their current address. To demonstrate this, all you need is a utility bill or other document that has your current address printed on it.

Applicants Who Have Maintained Employment

You’ll meet the employment requirements for a payday loan if you have worked for 6 months or more at your current job. You’ll need to provide two of your most current paycheck stubs as proof.

Applicants With Current Checking Accounts

To qualify for a payday loan, you’ll need to have held a checking account for at least 6 months. Bring your last bank statement and your checkbook with printed checks as proof.

Applicants Who Are Over 18

You must be 18 to get a payday loan. Show your driver’s license or State Identification Card to your lender to verify your age. You’re also required to provide two working, current contact numbers in order to qualify for a payday loan. Usually the best contacts are a parent, employer, family member, or someone else you can trust.

Returning Applicants With Updated Information

If you previously qualified for a payday loan and need to take out another, you’ll have to update all your information if 3 months have passed since you applied for the loan.

If you need cash for a rainy day, call RainCheck at (801) 734-9106. We offer payday loans, short-term loans, cash advances, and other loan services in Salt Lake City. 

Learn More About Payday Loans and Budgeting with the Tips Below

If you have any further questions about payday loans or budgeting tips, please explore the information provided below. For specific information about our payday loan service, call RainCheck at (801) 734-9106.

• For suggestions on how to stretch your paycheck, read this article from Kiplinger.
   
• Are you curious about how making cash purchases can help you extend your paycheck? Read this article from Money Crashers.
   
• If you want to know more about what a payday loan is, read this definition from Investopedia.
   
• For more information about what a credit score is, read this article from Bankrate.com.
   
• Are you interested in finding out ways to increase your credit score? Read this guide from MSN Money.