Have you ever been in the type of financial situation where you would do anything for some extra cash but you still managed to get by anyway?  Remember how you just got by because that could be a lifesaver to hang on to. Cash advances are not things that should be taken lightly where you think "oh an easy way to get some more money, let’s do it."  They are not things that you will use and be happy about unless you can make the repayments that are laid out for you in the contract that you sign when you apply and receive the money.

There are companies that will allow you to borrow money in the amount of around $1000 as long as you pay it back within the parameters of their repayment structure.  Inevitably, though, you will end up repaying more than you borrowed because of the interest that is added onto these cash advances.

You say you know where your money goes and you don’t need it all written down to keep up with it? I issue you this challenge. Keep track of every penny you spend for one month and I do mean every penny. You will be shocked at what the itty-bitty expenses add up to. Take the total you spent on just one unnecessary item for the month, multiply it by 12 for months in a year and multiply the result by 5 to represent 5 years.