Author: Keith Klein

Nowadays, it is not easy to manage money and the budget at home. Most of today’s Poles live on payday loan, be it from the first to the first, tightening the belt slightly. It is true that Polish society seems more and more rich every year, but it is difficult to talk about saving here. Meanwhile, on the Internet, as well as in various types of guidebook books, you can find many very valuable tips on how to save and how to manage your home finances properly.

Saving on food

Food is probably the biggest expense we have in the home budget. Because you have to eat after all, and why not afford something tasty and expensive. However, there are ways to save on food. First of all, it is recommended to go shopping with the list and not to buy products from outside, which are really only an unnecessary whim. You do not have to overpay for food – in some stores you will pay less for an identical product. In addition, it is good – for both the budget and health – to limit sweets and carbonated beverages. It is not enough that they are harmful in excess, they are usually expensive. It is also a good idea to have more frequent home cooking, not drinking coffee and eating Fast food in the city. In addition, making your own products and products, such as baking bread, is not enough that the activities that develop this and also give you the opportunity to save and eat healthy.

Saving on transport

In the field of transport, it can be saved and quite a lot. The calculation is also an obvious matter in this matter. Is it more profitable to drive your own car or is it cheaper to travel by bus? Or maybe we do not have such a distant and complicated way not to switch to a bicycle. It is worth thinking about becoming an honorary donor. After a few years, thanks to this you can ride for free by public transport! If, however, we want to move around by car at all costs, you can also make various savings here. Economical and legal driving saves about 30% of fuel expenses. In addition, if we want to go on holiday, it’s worth thinking about it even a year in advance. You can buy cheaper tickets and book a cheaper hotel. All this, of course, affects the saving of some amount, which we would spend very quickly forgetting about good organization.

Intelligent home budget management

Managing your home budget can take many different forms. If, for example, we are used to paying with a card and we see that too much, therefore, we spend it, it may be better to switch to paying in cash. It has its advantages, because it sees cash, it is issuing more conscious and more … painful.

A good and recommended way to save is the right budget layout. It is known that to save you should spend less than you earn. Therefore, you should carefully calculate your expenses. The best way to do this sort of statement is to create a special notebook – the amount you earn is deducted from the one you want to save. You can spend only as much money as it remains after deduction. It is good to divide the budget due to expenses – for example, fixed expenditures – and therefore fuel, payment for an apartment, food expenses, unforeseen expenses. Planning and regular control of your finances is the best step to becoming a rich person.

A great and highly recommended saving method, although it takes a bit of effort to set up a separate savings account, which will not have a debit card or access via the Internet. Every month, for such an additional account, you should regularly transfer a fixed amount, eg PLN 200, and not to withdraw money from this account for a certain period of time. This is a saving method called technical. Difficult access to the account can effectively discourage excessive spending. If this method also fails, we will continue to use a traditional money box, to which we systematically put some amount.

It is not necessary to give up the pleasure to save. It is important that pleasures are not a priority. You can look for cheaper substitutes, use the shopping of the so-called. second hand. If you love beer or wine, you can drink them once a week instead of every day. You can save literally on everything – less frequent TV viewing is saving on electricity, buying filters for water reduces our water bills, segregation of garbage affects smaller bills for this type of service. The small steps method is one of the best and tried-and-true ways to save really large amounts.…

How much do you have to earn to get a payday loan from a bank? Depending on the bank in which we are applying for a payday loan. Below you can check the proposals for payday loans in various banks.

To apply for a payday loan, you only need to earn at least PLN 500-600 net a month . If our income is enough to obtain such a payday loan, it is necessary to contact the selected bank. The bank will check what creditworthiness we have and we will find out in what amount and for what period of time we can take a loan.

In addition, to increase your creditworthiness you can combine income with your spouse or any other person.

Want to know: How much money do you have to earn to get a payday loan? Contact one of the following banks:

Banks most often accept different sources of income. It can be either a contract of employment, income from running a business, retirement, or even a civil law and lease / tenancy agreement.

Is payday loan obtainable if you receive income abroad?

It is possible, however, provided that it is settled at the Tax Office on the territory of Poland. The company should have a representative office in Poland and at the same time it is required that the entity should have a NIP and REGON number.

How much will I receive a loan with earnings of PLN 2,000

Assumptions: positive credit history, lack of other credit commitments and low maintenance costs. We should remember that banks calculate creditworthiness differently, using the same methodology. To find out whether we will receive a loan with given net income, it is necessary to contact the selected bank. The following calculations are for reference only.

If the income does not exceed PLN 2,000 gross, it usually does not count on more than PLN 4,000. And it does not matter for what period of time you intend to take out a payday loan.

Perhaps we will receive more in a loan company (short-term and installment loans), but it will be a loan more expensive than in a bank. Exception: short-term promotional loan for PLN 0 for new customers.

How much will I get a loan with earnings of PLN 800 net?

The loan period is 6-12 months: not more than PLN 1000.
Loan period over 12 months: approx. PLN 2000.

How much will I get credit at the lowest national rate

In the case of pay not exceeding the minimum wage or a little higher, you can get a maximum of about 7 thousand. PLN, with a repayment period not exceeding 12 months.

How much credit will I get with the national average

The average national remuneration is currently around PLN 3,800, which is approximately PLN 2700 net. With such incomes, the maximum payday loan amount is approximately PLN 16000 with a loan term not exceeding one year.

How much will I receive a loan with a salary above the national average

Above the national average, the maximum payday loan amount is PLN 200,000 z?.

Remember that the better your creditworthiness and creditworthiness, you can not only count on a larger loan amount, but also on better credit conditions.…

The decision to get a payday loan requires weighting. First because it is a new debt, and brings interest and other associated fees. So, if not taken care of in the day, the debt can bring more problems than solution. So, before taking a payday loan, the consumer must evaluate some points, and only then find out when is the right time to apply for the payday loan.

When to get payday loan?

 

The payday loan can be an expensive credit. It charges interest, insurance rates – which will give security to the financier in case of death or accident of the credited – and also guarantees. So there are only three situations where getting a credit is the best way out: emergencies, funding a course, repaying a more expensive debt.

In the first case, emergencies, we can mention several occurred. A medical case, for example, is considered an emergency. The renovation of the house, which is with part of the lining compromised as well. Even the purchase of an appliance that has stopped working, or the exchange of the car, damaged in an accident, can be considered.

Generally speaking, emergency is the time when money is really needed, and there is no other way to get it. If the problem needs a more immediate solution, the user has the best alternative payday loan.

For education funding, the alternative is only interesting when the course is technical. That is: faster and cheaper. Through credit, the credited will have value in hand to dismiss the classes, and could soon enter the labor market in the area studied, thus managing to pay off the debt. For higher education, however, it is more attractive to use self-financing programs, such as Fies.

Lastly, taking out an old debt can be great use of credit. After all, the first debt may have high interest rates, and the delay in installments is making the “snowball” grow. With the grant credit, then, the individual will be able to extinguish the debt-problem, reorganize the finances and then pay less costly installments.

If the objective is to obtain a good of great value, it may be more advantageous to adhere to specific financing for the property. This is because the interest rate is usually quite different.

Thinking of car financing, for example, you can find interest rates at 1.7% per month. Meanwhile, the transfer of securities, which could be used for the purchase of the car, has a minimum rate of 3.66%.

How to make a decision?

 

In other cases, supply will hardly be a good solution. Interest and fees will leave the debt more expensive, and perhaps the previous problem will become even greater to the consumer.

In any case, it is critical, before the decision, to check if there are other solutions for the bad financial moment. How about reprogramming the budget? Have you thought about doing any extra work, formal or informal? Is it possible to sell some good to improve finances?

The ideal is to put everything on the tip of the pencil. List your monthly income and your common expenses in detail: consumption at home, with leisure, food and others. Also define the budget deficit, its origin and how much it has grown over the months. Using a financial manager can help.

Before you apply for credit, know your finances well. For this, it is a good tactic to write down all the monthly expenses and revenues, whether in a book, financial manager or spreadsheet.

Be sure still that if you choose the credit, your monthly income will allow the settlement of the installments provided by the bank.

Only with all the information, and knowing that there is no other way out, opt for the assignment. So you will be sure that the timing is right.

Types of payday loan

 

Deciding on the personal payday loan, the consumer can count on several options in the market. One of the most common is the payroll payday loan. The modality works by means of the discount of the benefits directly from the consumer’s payroll.

This feature gives the financial institution security in the settlement of the installments. Thus, it is common for the terms and interest rates of the alternative to be more attractive.

Not everyone, however, can adhere to the payroll. After all, the interested consumer needs to have a payroll. Thus, retirees and pensioners of INSS, as well as civil servants, have the possibility. Workers with a formal contract can also take advantage of the option, but only at the bank agreed with their employer.

Payroll payday loan is usually cheaper because it gives payment security to the financials, since the amounts are discounted directly from the payroll of the employee.

Ordinary personal credit, in turn, does not deduct salary amounts. For your payment, the consumer must make a commitment to pay the monthly bills of a bank bill every month.

In this type of credit, the consumer does not offer guarantees, so it is subject to slightly higher rates. The interested party only has to look for a financial, to wait for the approval of the request and to receive the amounts.

The overdraft is also very common in Brazil. The possibility offers pre-approved values to the consumer, which are available in your bank account. When you need it, the accountant can then use the numbers, and then only pay for the option. The charge is made through daily interest. The interest rate on the overdraft reaches 325.1%.

Citing another form of credit, there is the refinancing. Refinancing can be accomplished when the consumer has a property and car in their name. He takes possession of the assets, and requests the bank payday loan, and then receives part of the value at which the property was evaluated.

As a result of adherence to this credit, the “guardianship” of the good then goes to belong to both the consumer and the bank. The individual can continue to use the car or home normally. However, if you fail to pay the combined installments, the same individual may lose custody of the possession, with the bank only requiring it for you. That is: the consumer loses the resource.

Remember, though, that financial organization is critical, before you get the values as well as after that. Otherwise, finances will not get in the way, even with the “extra” value at hand.

Want other tips for your pocket? Access our blog! There you will find texts similar to this one, with information that can get you out of the red.…