Tag: financial help

I NEED FINANCIAL HELP RIGHT NOW: WHAT YOU NEED TO DO WHEN YOU NEED FINANCIAL HELP IMMEDIATELY AND SAY A PRAYER FOR IMMEDIATE FINANCIAL HELP WHILE YOU ARE AT IT

Post author By Brandon Smith
Post date September 6, 2017

I need financial help right now: Introduction

Nobody expects their home to be destroyed or to receive a serious disease medical diagnosis. When emergencies like these do occur, unexpected expenses lead to economic tension. You’re forced to see the bills consume up any financial savings you might have had. You will no doubt be saying “I need financial help right now”.

The good news is, there are resources for people as well as families who need emergency economic aid. For people and households that typically aren’t qualified for aid from the government or nonprofits, perhaps crowdfunding can help you secure the reserve you need.

I need financial help right now: Most Canadians can’t save

No person likes to think they will need emergency financial support. The Canadian Payroll Association’s NPW 2016 Employee Research Survey Results discovered that of those surveyed:

three-quarters have saved 25% or less of their retirement goal
few of those trying to save can do so
about half of employed Canadians are living paycheque to paycheque
those who can save, continue low savings of 5% or less of pay
over one-third feel overwhelmed by debt

“I need financial help right now” is not a pleasant place to find yourself in. If you aren’t saving for an emergency, you could rapidly become mired in debt.

You cannot expect when something might take place. Having monetary support throughout an emergency could bring peace of mind. Try to keep at the very least 6 months of living expenses or revenue in your emergency fund.

I need financial help right now: What to do if you find yourself in an emergency

Begin your savings program by conserving tiny bits from your spending every day.

I want to give some ideas on the best ways to handle an economic emergency:

Don’t panic

If you begin stressing, you might begin to make even worse monetary decisions. Think logically about what you need to do and your following steps. If you’re still not sure what to do discover somebody that understands just how to deal with such emergencies. Tell them “I need financial help right now” so they understand how severe your emergency is. Find that special someone you can trust and tell them everything.

Know your Priorities

See to it to prioritize your expenses. Only spend on the necessities of life, like food, living accommodations and basic clothing. I suggest that you produce a budget overview to help you plan your spending. Surviving a financial emergency can be made harder if you do not prioritize your costs.

Begin to Spend Less

With an excellent budget plan, you’ll realize what you need and do not need in your life. Say goodbye to spa days and say goodbye to dining in restaurants with pals. Reducing things that look like tiny expenditures really has a big influence later down the line.

Do not throw away cash on things you really do not need. If you know your priorities and can properly budget, “I need financial help right now” may just turn into “It will be tough but I can survive this emergency because I have savings”.

Request for Help!

It’s fine to ask when you need it, especially in a scenario where you cannot face your costs alone. Perhaps family or close friends could also be able to help you fundraise to get out of your debt problems.

You may have a great relationship with your banker. Explain to him or her your situation and perhaps your bank can help you. Before you say to your banker “I need financial help right now”, make sure you have prepared your budget. Your banker will want to understand how the bank is going to get repaid.

One thing you must not ever do. Do not borrow from a payday loan company or through a debt consultant. The interest rate and fees are so high, you will never be able to repay it in full.

i need financial help right now

I need financial help right now: Entitlement programs

Emergency help programs are hard to qualify for and often take months to supply repayment. They rarely can help you when you say to them “I need financial help right now”. However, I do want to give you a list of some emergency programs that are available from the government.

There are various assistance programs offered by the City of Toronto and the Province of Ontario providing financial help for families in need. Some resources to get access to are:

City of Toronto Human Services Division – Children, employment, housing, medical and health programs.
TorontoCentralHealthLine.ca – Financial help is available to help pay rent and utilities so people can stay in their homes.
Canada Mortgage and Housing Corporation – Did you know that CMHC invests $2 billion a year to help Canadians find quality, affordable homes?
Ontario Ministry of Community and Social Services – If you qualify, Ontario Works can give you money to help you cover the costs of your basic needs (e.g. food) and housing costs. This is called financial help.

I need financial help right now: Nonprofits offering emergency financial help

There are many charities and not for profit organizations in the Greater Toronto Area and Ontario. Each one focuses on a different need or group of people. You should not overlook the role a charity or not for profit organization can play to help you through a financial emergency. Again, they can’t solve all of your problems all at once when you tell them “I need financial help right now”. But they are there to serve needy people and families facing a financial emergency.

I need financial help right now: What happens if you aren’t eligible for assistance programs?

Government assistance and nonprofit programs often have a lengthy application procedure and certain eligibility criteria. As well, it can take months to get support. Which makes it difficult to get economic aid immediately. Many times they cannot act fast enough when you tell them “I need financial help right now”.

There is one more source that could aid you to receive emergency funds quickly.

I need financial help right now: Crowdfunding may work for your needs

In times of economic stress, crowdfunding has shown in some cases to be a powerful tool that assists people to get the help they need. Many got help through a crowdfunding plea of “I need financial help right now”. You cannot plan for when you’ll be confronted with an emergency, or just how expensive it will be to recover from it. But you could use crowdfunding to discover support from people who sympathize with exactly what you are going through.

Take the time to acquaint yourself on your own with the various crowdfunding platforms.

I need financial help right now: What to do if you have too much debt

We hear many times “I need financial help right now” or “I need financial help immediately”. If that emergency arises and you have not planned for it and saved, your options are very limited.

Act before you find yourself in the throes of an emergency and financial crisis. Ira Smith Trustee & Receiver Inc. has helped many Canadian companies and people throughout the Greater Toronto Area (GTA) dealing with the economic crisis that needs a plan for Starting Over, Starting Now. Don’t delay. Give us a call today. Financial troubles can be solved with prompt activity and the ideal plan tailored just for you.

i need financial help right now

Tags Canadian Payroll Association, financial help, financial help for families in need, I need financial help immediately, i need financial help right now, Ira Smith Trustee, living paycheque to paycheque, say a prayer for immediate financial help

Brandon Blog Post

I NEED FINANCIAL HELP IMMEDIATELY

Post author By Brandon Smith
Post date October 24, 2016

I need financial help immediately: Introduction

“I need financial help immediately” is something we hear daily. With so many people struggling to make ends meet and living paycheque to paycheque, it’s not a surprise that they’re looking for ways to get ahead. Unfortunately it’s easy to get seduced by financial newsletters or websites that offer nothing more than get rich quick schemes disguised as financial advice. Please keep the old adage in mind when considering investment opportunities – if it’s too good to be true, it probably is.

I need financial help immediately: 3 things to watch out for

The Ira Smith Team has fully licensed, federally regulated financial professionals and we don’t have any get rich quick advice for you. However, we do have advice about how to protect yourself from get rich quick financial newsletters. Here are three things to watch for:

Run, don’t walk from headlines like “beat the market”. There is no such thing as a get rich quick scheme that works. Remember Bernie Madoff? He paid unbelievably high returns to his investors and that ended up with Bernie in jail for life and many others in financial ruin. Even savvy investors got seduced.
Watch out for newsletters with confusing terminology. They’re designed to confuse you so you won’t really understand that what they’re selling is all hype and no substance. Financial terminology is so confusing that we’re doing a series of blogs about it. So far we’ve covered Balloon Payments, APY – Annual Percentage Yield and Expense Ratios. Knowledge is power.
Creating a sense of urgency is a classic ploy to suck you in before you’ve had the time to really scope things out. Beware of offers that are only open to the “first 100 that sign up” or “register within the next 48 hours or you’ll miss out”.

I need financial help immediately: What to do if this is you

We know there are many people who feel “I need financial help immediately”. Our most viewed blog ever is from May 2014 that people looking for cash find through a Google search because it is titled: Bad Credit Loans Guaranteed Approval.

We’re certainly not saying that there are no legitimate financial opportunities out there, but you really have to be careful about where and who you take financial advice from. If you’re walking a financial tightrope, a get rich quick scheme is not the answer. Contact a licensed trustee. Ira Smith Trustee & Receiver Inc. will review your file, discuss your options and come up with a solid, financial plan that will put you on the road to debt-free living Starting Over, Starting Now.

Tags APY, balloon payments, expense ratios, financial help, financial newsletters, financial terminology, get rich quick, get rich quick schemes, I need financial help immediately, Ira Smith Trustee, living paycheque to paycheque, need financial help, trustee

Brandon Blog Post

BAD CREDIT LOANS GUARANTEED APPROVAL

Post author By Brandon Smith
Post date May 29, 2014

If you are searching for bad credit loans guaranteed approval, then you already know that one of the more frightening feelings common in the modern world is falling into debt and not knowing how to get out. Debt has a way of sneaking up and overwhelming us before we realize what is going on.

Many people have not had the training in personal financial management needed to stay out of debt, and they are in need of guidance from someone who has this expertise for resolving their financial problems. Unfortunately, people in this situation often get into more trouble by looking for bad credit loans guaranteed approval by a new creditor rather than finding the help they really need from a bankruptcy trustee.

Bad Credit Loans Guaranteed Approval

If you find yourself typing the above search term into your search engine, you may well be looking at one of the danger signs that you are in need of professional help in dealing with your debts. Other signs that debt is out of hand include:

not having any savings;
taking personal loans from family or friends;
missing payments on credit cards, mortgage, or rent;
using your credit card for buying groceries and other necessities;
relying on credit cards to get from one payday to the next;
not knowing the total amount you owe; and
not being able to manage living paycheque to paycheque.

The worry and stress created by these pressures makes finding a way out of the situation even harder. Uncontrolled debt can take a big toll on family life and reduce, or eliminate, the resources for relaxation and leisure, leaving the person with no time to even look for the light at the end of the tunnel. I can assure you from all of the cases we have handled, a bad credit loans guaranteed approval company is not a solution to your overall debt problem.

As the debt mounts, the prospect of looking at the whole picture becomes even more overwhelming. However, looking objectively at your whole situation is the most important first step for resolving the crisis, and this is exactly what you can gain by using the assistance and perspective of a professional licensed bankruptcy trustee. I can look at your situation clearly as a third party, and I will not charge you for that consultation. So all you have to lose, is your debt!

Avoiding Bad Credit Loans Guaranteed Approval

If you have found yourself seeking more bad credit loans, consider turning in a new direction that can lead you out of debt forever. Take a deep breath, step back for a moment and have a consultation with a licensed bankruptcy trustee who can help you in facing the full dimensions of your problem and then devise a plan that moves you toward a debt free life.

We have written several blogs about the high amounts charged by bad credit loans guaranteed approval companies and how they take advantage of people at their weakest moment, and you may wish to read some of them. They include: BAD CREDIT LOANS TORONTO: LEGIT COMPANIES DON’T GUARANTEE THEM, PAYDAY LOANS ARE NOT THE ANSWER TO YOUR FINANCIAL PROBLEMS, and THE CASH STORE ONTARIO: THIS PAYDAY LOAN OUTFIT NEEDED HELP AND CALLED A TRUSTEE! If you read these blogs, you will see why we say that a bad credit loans guaranteed approval company is not the way to solve your financial problems.

If debt has overwhelmed your life and you are still looking for more, that is a definite warning sign that it is time for professional financial help. Contact Ira Smith Trustee & Receiver Inc. immediately. We will evaluate your situation and provide you with a solid plan for moving forward so that Starting Over, Starting Now you can live a debt free life.