Payday Loans

In the Philippines, we are paid twice a month. Payday falls on the 15th and the 30th for most companies, it is not the case for us. Our payday is on the 5th and on the 20th and this usually works out fine but during this pay period, the wait in between paydays is just too long.
The last payday which was January 20 fell on a Sunday so our salary was given on the 18th. Meaning, we had to stretch the salary to go for 18 days and 3 weekends. This is no easy feat I’m telling you. I can already hear people complaining within the company, it’s gotten so bad that people are refusing to drink this coming weekend.
I am still so grateful that despite my complaining, I don’t have to avail of any of the payday loans just yet. While I know that there’s nothing wrong with taking advantage of payday loans (in fact payday loans are very helpful) I would rather exhaust all means possible before taking out a loan. Thank goodness to the budget Ruy and I started this year. It allowed me to stretch my salary for a longer period of time even with the gifts for my nephews and my sister who are all celebrating their birthdays this week.

It’s also a relief knowing just how accessible these loans are (some are already available online) just in case I would ever need them.

Tags: budget, Money, payday, payday loans, salary loans