As many of us with a 9 until 5 job will know, sometimes your pay day falls at just the wrong time. Take the August Bank Holiday that’s just gone, I got paid early on the Friday and with their being 31 days in August it feels like ages until the next. So, as something a little bit different I thought i’d share some tips on surviving those long months.
Spend what you have to, then split the rest up
Obviously you’re gonna want to spend some of that hard earned cash, i’ve booked a trip to Barcelona and bought some new trainers, but once you’re settled after bills, split up the remaining wage into 5 (or however many weeks there is) and stick to this for food/any other things you need for survival. This way, every week feels like a new payday and you won’t feel demotivated being half way through a month with no cash.
Ballin’ on a budget
You don’t have to give up your social life during this long month, just make sure you keep an eye out for great deals, such as Tastecard. They’re currently giving away 3 months worth of deals, plus some free cinema tickets for £1, which is cheaper than paying for the cinema anyway.
Keep an eye out on social media for deals too, loads of local restaurants usually throw out last minute 2-4-1’s on burgers or cocktails, meaning you can still live the high life without paying the prices and all your followers won’t know you’re skint if you stick a photo up. I’m also a bit of a sucker for entering food competitions on Twitter (as you might know from this) which means one little retweet could turn in to a meal for 3 if you’re lucky.
So what if something big comes up, that needs paying for?
I can give all the advice in the world, but what if you’ve split up all your wage and you’re breezing through the month but something like your car breaks down. Next thing, you’ve got to fork out a grand to get it fixed, not happening.
A guarantor loan is a payday loan for if you have a bad credit score. What it means is you can borrow money until payday, but only if someone like your parents can be your guarantor and prove it’ll get paid back if you struggle. The guarantor has to have a good credit score (obviously) and financially independent from you. Guarantor loan specialists such as Glo can give you more information.
As everything, there’s some cons, you’ll have to tell your parents you broke your car (never good) and you’ll also have to tell them why you have a bad credit score.