You and Your Money

When the need arises for cash, time is of the essence. Typically, the circumstances are such that a life event; be it an immediate necessary repair, legal issues, or perhaps you are a college student who is short on rent, unfolds at an inopportune time.  

Countless articles and books have been written in an effort to assist those who seek a more stable financial life. The internet and bookstores across the globe offer readers a variety of options; including “get rich quick”, “debt-free living”, and “saving for retirement”.

This article will start with a look at what an individual can do when the need arises for some quick cash, when the needed funds are not at your disposal. Next, a macro and micro view will be taken at personal finances.


2 situations that occur to most everyone at some stage in their life are:

  • Unexpected repair (be it auto, appliance, etc.)
  • Shortage of funds to cover necessary bills (i.e. rent, utilities, groceries)

Traditional banking sources serve a purpose in our economic landscape. The advantages are well-known to all of us. However, they do come with some disadvantages, depending upon the circumstances of the consumer and their immediate needs.

Enter alternative banking solutions. For those not familiar, set aside any preconceived ideas you may have and consider their practicality. Here are some of the lesser known benefits to this source of quick cash when it’s needed the most and no other alternatives are readily available (*please note that the terms and conditions will vary depending on the lending source):

  • Loan application takes only a few minutes to complete
  • Applicant does not have to accept the terms, free to turn down the offer
  • All credit scores can apply
  • Fund transfer, upon approval, occurs quickly

Most alternative banking sources require the applicant to meet some general guidelines. The consensus usually falls into these categories, again dependant upon the lending source:

  • At least 18 years of age
  • Resident of the United States
  • Income source
  • Bank account

If this reads like a sales pitch, please do not interpret it that way. Most of us have encountered that moment in time where we are in a pinch and need a lending hand. Looking for a lending source that has a proven track record? Click here to learn more about

Macro and Micro View of Personal Finance

Each of us, as adults, are responsible for our personal finances. The decisions each of us make, good and bad, and how those decisions affect our individual circumstances is the essence of the micro view on personal finance.

On the flip side of this coin, the collective decisions of each individual have an effect on the economy as a whole, and this is the macro view. What both viewpoints have in common is their roots in financial literacy.

If a concentrated effort is made to teach personal finance from both a macro and micro view, starting at an early age, one would expect positive results. Often, what happens is students in middle school and junior high are taught finance basics, leaning heavily on the micro side.

This is a flawed approach. Our society, as a whole, is so selfish and self-centered that it’s nauseating. Forgive this apparent “soap box” moment, but at least consider it’s merit.

If a macro and micro teaching style is implemented together to teach personal finance, with equal coverage on the benefits to the individual and society as a whole, perhaps a positive shift can occur over time.  

Will this prevent the need for a cash loan when life happens? Of course not. However, it will have a far-reaching positive impact on the lives of countless people and their respective communities over time.