Every Money Problem Has a Solution: 4 Ways to Take Your Power Back
In light of the current COVID-19 we will not be accepting any new loan applications. The well-being of our customers is of absolute priority and therefore we ask you to contact us via chat, email or phone if you have an existing account and require any help.
Many customers will be faced with income interruptions as a result of this crisis and so therefore we are recommending that you refer here for useful advice: https://www.moneyadviceservice.org.uk/en/articles/coronavirus-what-it-means-for-you
We've all been there. We find ourselves in a difficult financial position and get caught up in the emotion of the situation. Take back the power with Ferratum.
Regardless of the specifics, we've all found ourselves in a difficult financial situation and allowed panic to get the better of us.
We feel overwhelmed, and our worries become magnified. And that's the biggest issue, often our problems seem bigger than they really are.
Whatever problem you're currently experiencing with finances, the most powerful remedy is to feel in control.
Here are four ways you can take your power back:
1. Get Perspective
First, it's important to take a step back and get some perspective. Look at the situation objectively as if you were a third person, and then ask yourself just how serious the problem actually is.
Is it life threatening? Probably not. Will things always be this way and will I feel this stressed forever? No. Are there solutions available? Yes, always.
2. Empowering Action
Making a decision, being proactive and taking action are all powerful ways to combat negative thoughts or feelings. When we feel like we're in control of our lives, we feel more positive.
By taking action, we can replace a negative with a positive. But before taking any action, it's important that we're doing it from a calm and centred mental state and not simply reacting out of emotion.
Not having access to money can make us feel powerless and that our opportunities are limited. While money isn't the source of happiness, it can empower us and help us to create more opportunities.
Securing a fast loan to get your car fixed, for example, can lead you to feel mobile and therefore, in control again.
3. Realising You're Not Alone
It probably comes as no surprise to learn that a lack of finances is the leading cause of stress in our lives. In fact, financial worries often impact other parts of our lives such as our relationships.
Therefore, it can be helpful to remember that whatever frustrations you may be feeling about money, you're not alone. Your situation, as difficult as it may feel, is not unique and can be solved.
4. There is Always a Solution
So, if it's to get a car back on the road, purchasing a bike to get to work, or securing the funds to attend an important job interview, having access to money is a liberating feeling.
If you are considering a short-term loan to get back in control and to create more opportunities, help is right here.
As an international pioneer in the field of financial technology and mobile lending, Ferratum has been helping people say "yes" to opportunities since 2005.
Our mission is simple - to provide the best, fastest, and most user-friendly lending and banking services available 24/7. You can apply for an online loan in just minutes and receive the money you need within one day. It's that simple.
"Don't sweat the small stuff...and it's all small stuff."
- Richard CarlsonDid you like this article? Share it using the buttons below, or click the link to read another blog...
|Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk. Representative example: APR 1270% if borrowing £400 for 4 months. Interest rate: 292% p.a. (fixed). Total amount repayable: £665.48 by four instalments of £166.37. Maximum representative APR: 1604% if full loan repaid after 7 days.|