Money Matters

When it comes to budgeting - I am on top of it. I know how much money I have so I know how much I can spend. This has been the case ever since I had my eldest. Although I am not in dire need of money really, I was thinking of getting some sort of cash advance from a government agency just to make sure no one else uses my name and loan (then proceed to NOT pay the amortization!). I've been hearing a lot of horror stories but people regarding this happening. They try to get a loan for themselves but they can't because someone else used their name to get the loan.

This September should be the best time to get the loan because of so many expenses coming in. There's the kids' vaccination that cost an arm and a leg. There's schooling fee's for both boys. There's the ballooning prices for basic commodities (milk and diapers! ack!). There's medicine (Joshua and I have maintenance pills for our allergic cough). Lastly, it's Jacob's birthday month - so a party is in order for my 2 year old. The good thing about these kind of advances is that it has a low interest rate and it is payable in 24 months via salary deduction. So, if you are working, it is your employers responsibility to remit the money and make necessary reports monthly.