budgeting to stay out of debt

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Some more random thoughts from a real PDL consolidation company!

Broward Dade and Palm Beach county beaches are opening tomorrow. Now that’s important, not!! At least the powers-that-be were smart enough not to open them today. They would have been inundated with people but for the fact that we are having monsoon rains and nobody would have come out anyway. Restaurants are opening up. They’re putting as many tables outside as they can because they’re allowed to have diners outside. Inside is another story. I believe they’re only allowed to open up 50%. In addition they need to follow complete social distancing rules, and consequently have everybody seated the requisite distance apart. I’ve seen videos of restaurants installing partitions in between booths. I’ve also been reading that in some of the smaller restaurants the ventilation systems are not new and consequently will not filter the virus but spread it around the room if somebody were to sneeze or cough. To me that looks like a disaster waiting to happen but I’m not an expert. Thank God! Look where the experts got us. Beauty salons and barber shops are opening up tomorrow in South Florida.

That’s exciting. Not!! I need a haircut. Everybody I know needs a haircut. 90% of the women I know need to take the gray out. My question would have to be, is my hair worth my life? I already know the answer. Think about it, these places will be filled to 50% capacity. 6-foot social distancing, and a hairdresser wearing a mask standing in front of you. She is leaning into you while she’s cutting your hair. Now I’m one of those people that wears a cloth mask that ties in the back twice. In addition there is a pouch of the mask for a HEPA filter which I use. I feel extremely protected. What about the people who are wearing paper masks. Somebody’s going to sneeze. Somebody’s going to cough. We’re human beings it’s what we do. The CDC says that 35% of coronavirus cases can be asymptomatic. If that truly is the case everybody is susceptible to catching it and all the thermometers taking temperatures and all the precautions and the assertions that people make about not being sick are all useless. Nobody has a clue as to as to whether they’re sick or not if they feel fine. I’ve also read that a good number of swab tests, those tests where they stick a footlong Q-Tip up your nose have been coming back false negative. Some people do not have as much virus inside of them as others do and consequently the swab does not pick up enough of the virus to register positive. This massive reopening is not a wonderful thing. I don’t care what any politician says, red or blue. The bottom line is if there’s no way to take a test that gives you an accurate result there’s no way we can all go back to work. It’s really very simple. In addition, if this whole thing blows up and I hope it doesn’t, the country will be shuttered again. That could very well be the end of the economy as we know it for the next 20 years. That’s a disaster in the making.

On a more pleasant note Major League owners, and the MLB players association will be sending figures back and forth to each other regarding the percentage of pay that each player will make this year. It looks like they’re going to play ball! Even in an empty Stadium it would be a welcome relief. A strand of normalcy in this crazy world we live in. they need to resolve their issues this week because spring-training number two would have to start the following week and hopefully by the third week of June the schedule will be redone and will have baseball back. at this point both the players and owners realize that Major League Baseball attendance has been down every year over the last seven years and the last thing they want to do is take a year off and let people forget how much they love the game. I could never forget, but the casual watcher can. They’re going to make it exciting. Half a season. Sprint to the finish. And they’re talking 10-team playoffs. Sounds like fun. Governor Andrew Cuomo of New York has officially stated that it’s time to play ball in New York and he’s offered any team having a virus problem in their home state to relocate in New York for this training. New York and New Jersey have three large ball parks. Yankee Stadium, Citi Field, and Giants stadium right across the river in Jersey. In addition Minor League Baseball thrives in upstate New York. Syracuse, Binghamton and many other small towns are home to minor league teams and have first class facilities. This is an ongoing story but it is a step in the right direction and hopefully it all works out. I don’t know how they will keep everybody healthy but they have a list of protocols that could fill a phone book. Fingers crossed on this one.

Finally, on the financial front, leaders in both the house and the Senate from red and blue States all agree that stimulus checks should be sacrosanct. in other words they are in the process of putting together and passing a bill right now that’s going to protect the stimulus check that you’ve either received or are going to receive very soon, from any claim a creditor may lay on it. In other words these checks are like Social Security checks or retirement accounts. Uncollectible! I think it’s the right thing to do and many states have instituted non collection mandates. It’ll soon be law. What about payday loans. Many payday loan companies are run by native American tribes. They work on sovereign Indian land and are exempt from collection laws. If you need real PDL consolidation help you need us. You have borrowed through the years and many folks have run up some serious PDL debt. Rolling one high-interest loan into another is not the way to do it. You need payday loan consolidation from a real PDL consolidation company. I keep calling us real because we do the job we promised to do. We’re a 23 year-old company with an A+ rating with the BBB. We have impeccable credibility and great relations with your creditors. They work with us and they work with our program. We have integrity, and will they know when we tell them you’re working with us more than likely they’re going to get paid. There are plenty of bad actors out there taking money from the people who can least afford to pay it and are not doing the job. You’ve stopped on this site, you’ve looked around. If you need help starting today, give us a call, or fill out our short form and somebody will get back to you first thing tomorrow morning. For real PDL consolidation, Federated Financial is your answer and your bridge to financial freedom.

How to use a budget and stay out of payday loan debt!

How to use a budget and stay out of payday loan debt. When I was young my father would tell me “live within your means”. I never really understood that concept because money always burned a hole in my pockets. I had no idea how and or why I should save money and I had no conception of what it cost to live each month and what the total was… or what it could be each year. Let me explain below…

When I would ask my friends how do you make a budget they would tell me write down all your bills and write down all your income and and subtract your bills from your income. If you had something left over you were doing okay and if you didn’t have any leftover you’d need to tighten up. I tried to do that but I found that at the end of the month, even if I adhered completely to my budget I was still in the red… Then I had an idea I still use today. Your income may be a static number but monthly debt is fluid.

There are bills, there are emergencies. The cost of food always varies. The electric bill goes up and down and I could go on. This is what you need to do to figure out a monthly budget. Print out the statement from the last 12 months of your banking. Go over it item-by-item. Every bill that you paid whether it be recurring or a one-time bill needs to be written down. Do that for one full years time. Then, add up all the numbers and subtract them from your income. That’s a true budget. You’ll see all your bills. Doctor’s bills, veterinarian bills. Cost of shopping. Cost of water. Pet insurance if you have any. All of a sudden you see where the money has been going. Include the cost of entertainment because going to the movies and having some sushi afterwards is something I would call semi reoccurring debt. With the debit cards that we use today and the checks that we write, your actual statements are the best barometer of what it costs you to live. If you are in the black, good for you!

Start saving money for an emergency fund. Nobody knows when an emergency can happen. If you are the red start cutting back on whatever you need to cut back on. In another blog post there’s an article written about stupid debt. Read it. We all can relate. Here’s the thing. There is a quick fix for these monthly shortages and many people take them. They’re called payday loans. Most of our clients have them. They are ridiculously high interest advance loans that cost an arm and a leg to pay back at interest rates that could top off at 700%. At that point in time many of the people we work with go into a payday loan consolidation program. You don’t want to be the person that takes out that 700% short term loan. That short-term loan will always become long-term. There are very few people that can’t afford that kind of interest on top of their monthly bills.if you ever find yourself in that situation you will need a payday loan debt consolidation to pull your life back together.

Payday Loan Consolidation Company - Federated Financial - Can I Consolidate My Payday Loans

 

Our company has been in business 23 years. In most cases if you make that mistake our consolidation program can get you out of debt in a shorter period of time. Our years of experience working with your creditors works in your favor. In most cases your creditors will reduce your interest rates for us down to 0%. Get your budget in order and don’t make the mistake of getting into Payday loan debt. If you do give us a call. We can help.