5 Signs That You Are Managing Finances Successfully

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One probable reason why some borrowers are finding it difficult to stay on their finance or budget plan is due to lack of awareness on signs that they are quite managing successfully. This is especially true when a borrower is impatient with results to find out if he or she has extra money to avoid taking out a cash advance. There are cases when borrowers think that they are not making headway when they saw their bank balances. So, here are 5 signs that you are just managing well and you don’t need any help from loan companies.

1. You were able to pay some bills on time and this made you relax as you are not afraid of being cut off from utility services and most of all, you no longer feel additional stress of finding extra money to pay overdue bills and other forgotten financial obligations.
2. You spend your time with friends discussing movies and enjoying lunch break with them instead of pleading and begging them to lend you money. Money is the root of all evil and according to some are even convinced that it destroys friendships. Life is not good without friends as they offer benefits without involving money like a listening ear and companionship which reduces stress factors that encourage premature aging and health complications.
3. You spend more time reviewing your budget plans instead of reviewing the “What’s Hot” section in your favorite magazines. You are excited to count the savings that you made each day even if it is only a penny. Finally, you are convinced that a million dollar is nothing if it lacks a single penny.
4. You find yourself appreciating walking or bicycling your way to work. Not only is it healthy but you also contribute in minimizing hazards to the environment and at the same time help you save money. One of the reasons why many people prefer to ride in fancy cars is of course pride; they want people to know that they have the latest cars and accessories since most people do not know that the borrower is living on credit.
5. The next time you check your credit score, you discover that you have amassed enough positive points. It can only mean that you can negotiate for better terms and conditions as some perceptions of risks factors are eliminated. However, this did not encourage you to take another set of cash advance from different loan companies. You finally convinced yourself that having positive credit rating is indeed better than owning negative marks.

You become relaxed and appreciate simple things in life when you have no cash advance and loans to deal with every day. You realize that managing your finances well is better and healthier for you since you won’t be confronted with stress on finding money to pay overdue bills and existing accounts. You are confident that you can meet financial obligations without resorting to loans and other types of credit.

write by Radley