I need help financially

People Willing to help financially

 Globally financially helps are given by various sources to the needy and poor people. Some of the helping hands are as under:

Rich Individuals having allocable surplus of wealth give away help to the needy. They gather wealth either due to their successful conducting of their business or due to inheritance of wealth from their forefathers. They know the value of money and they extend valuable support to the needy people to come out of their poverty.

The mode of help differs from person to person. Some prefer to the known people such as close to the family. In some cases of an extended family some members may not settled financially and need help. They help to these categories. Some help to the people who are recommended by friends, relatives, close by people etc.

Some wealthy people give money on charity. In this case they have to select the people to receive the financial aid.

Organizations with prime aim of charitable help extend help to the needy. Their way of helping may be different. Some prefer to publish on internet, newspapers etc. to enable the needy to apply for the same. Others simply depend upon educational institutions when they spend their quantum of charitable amount to the educational expenses to the needy students. Some convert a portion of the amount to scholarship to meritorious students to cover their educational expenses. This is an indirect help they provide to needy families. They later on claim the income tax rebate for the amount spent on donations. This is a mutual interest transaction.

Missionary Activities – Missionary activities are normally organized by religious communities. They choose needy people from the same community or across the society. Their choice mainly depends upon the decision of the head of the community who is entrusted with power to disburse money. At the time of global tragedy they are the first people to come forward to help the affected people. They collect the amount from wealthy people, own contribution etc.

Current Trend of seeking financial help

In advanced countries citizens depend upon digital form for their financial activities and the amount is stored virtually and gets it transferred instantaneously. In addition to cost savings, digital financial services offer lot of benefits such as –

 They connect poor people to the formal financial sector and enable them to become customers and suppliers within the wider economy and financial flows can be accurately tracked, resulting in safer and speedier transactions and less corruption and theft.

Providers can use financial histories to develop products that are better suited to customers’ needs, cash flow, and risk profiles, including fee-for-service offerings and smaller-unit transactions.

Direct deposits (including wages and government assistance) allow money to “bypass” the home, helping users save rather than spend and often giving women more financial authority within the family.

Get out of credit card debt

Credit card debt is one common problem that people of all age group are facing these days.  College goers may take out the plastic money from their pocket and swipe it for several purposes if they’ve already spent the pocket money. Individuals who are in the 30s-50s have the habit of using the credit cards whenever they do not have sufficient money with them.

The retirees believe credit cards to be their only support when they face financial difficulties. This is because they cannot get a job anymore and thus, arrange for extra money with the help of credit cards. As such, it is seen that almost everyone is getting entrapped into card debt now-a-days. So, if you too, have mounted up enormous credit card debt and you want money to get rid of them, then you’ll have to find out suitable ways to earn more if your fixed income isn’t enough at all to do away with your debts.

 

Arranging for some extra bucks – A step ahead to get out of credit card debt

 

Are you facing credit card debt problems? If yes, then you need to know that you can solve your debt problems provided you really want to eradicate them. Read on to know how you may be able to arrange for some extra bucks and thus, get out of credit card debt.

 

  • Spend as per your planned budget – If you have fallen into debt, you’ll surely look for ways from where you can get more bucks. You should spend money as per the budget you have planned. Most people don’t do so and spend their dollars lavishly. Cut down all the needless expenses that you have made till date and buy only the most essential items. When you do so, you’ll not spend any extra money. Thus, you may use the extra money to eradicate credit card debt.

 

  • Use your spare time by making some side income - It may happen that your 9-5 job doesn’t provide you sufficient salary and this is the reason why you’re forced to use the credit cards too often. There are actually several jobs available that you can do during the spare time to boost your earnings. You may take up some online job if you want since these can be done at your home’s comfort. Make sure you choose the one you’re comfortable with so that you may be able to reduce debt burden soon.

 

  • Take out a suitable loan and eliminate the outstanding debts – If you are having too much outstanding debts and you do not understand how you’ll reduce them, you can take out a loan within your means. With the help of this loan, you will be able to repay the credit card bills sooner. Thus, once you become free from the clutches of credit card debt, you must work towards paying off the loan.

 

  • Do away with the needless expenditures you are making – When you purchase almost all the items even with a tight budget, then there is no doubt that you will have less money by the middle of every month. In order to avoid this situation, you will have to reduce the expenses that you’re making without need. When you do so, you will save some money. You can use this money for reducing the credit card debts that you have incurred.

 

  • Sell those items you will not require anymore – There may be several things at home that you do not use anymore. Instead of keeping them at home, it is a good idea to sell them off. Set a suitable price for the items you will not need and look for customers who are willing to buy them. Thus, you will be able to make some money. Use this money to pay off the debts you’ve accumulated.

 

Almost everyone is suffering from debt burden and credit card debt is the most common these days. If you have been staying awake all night thinking how you will manage with the card payments, make sure you go through the above-discussed steps. Your debt problems will get solved soon.

 

 

Author Bio:

 

Stefan Nill is a writer who loves to contribute with his works for the several financial websites. He handles financial problems of innumerable people and helps them get out of debt. Some of his valuable works are based on credit card debt, finance, budget and so on. To know more, you may visit http://www.facebook.com/OVLGroup

 

Financial Help for Women

Women, in whatever capacity they are – may be in the capacity of single, divorced, housewife, student etc, and need financial help to sustain in their capacity.

Divorced:
Her life is turned upside down — nearly everything about her existence changes, but for the man, the most he has to change is his phone number and address.  Most women who left the workforce to raise a family are at a significant disadvantage and find it difficult as they try to re-enter the workforce they left years earlier.  I don’t have marriage advice, but if you do a few simple things in the other 8 hours, you can survive a divorce and get back on your feet as quickly as possible.

I’ve been thinking a lot about my own experience growing up in a single parent home (my mom raised five kids after my father left) recently because a very good friend of mine and her two young boys were just abandoned. One day they were a family and the next her husband was leaving her for another woman.   She is now struggling to survive.  Not only is she trying to deal with the emotions of the situation, but she has to raise her two boys and find a way to pay the mortgage.

So, what must women do to protect themselves and their family? I’m glad you asked… Let´s talk about Financial help for women :

1. Stay connected socially. Your social network is your life-line in a divorce. You must have a network of friends you can call on for help — a place you can stay while you and your family get back on your feet or someone to look after your children while you interview. If you go to church/temple, consider getting involved in small groups so you can extend and deepen your support network.

2. Stay connected professionally. Don’t quit your network when you quit your job. Make sure your professional network grows, or at the very least, remains stable. A really efficient way to stay connected is to set up a meeting with two or three others in your network once or twice a month.  You should also communicate at least once a month with every person in your professional network.  Phone calls are best, but you can also ping them with a short email or note.

3. Keep up your skills.  Mothers, and new mothers especially, have very little “free time,” but keeping your skills up is critical.  Invest the other 8 hours to keep your licenses and/or credentials up to date.  You could also take a night class at your local community college.  This furthers your knowledge and gives you a chance to network with professors (who are usually practitioners in your field by day) and other students.

4. Know your finances.  This is a biggie girl. Don’t leave it to your husband to handle everything.  Schedule a “financial date” with your husband once a month to review credit card statements, investment accounts, and your budget.  There are several EASY programs you can use to get a quick snapshot of your financial health.

5. Create a side business. One of the best ways to protect your family and earn some extra money is to start a side business in the other 8 hours. You could turn your hobby into a money-making business, start a blog, or invent something.

Useful links to refer:

www.usa.gov/Citizen/Topics/Benefits.shtml

http://www.womenforwomen.org