5 Things Emergency Cash Loans Are Good For

Although emergency cash loans have a bad reputation, there are some situations where these types of loans come in handy. In fact, if used responsibly, an emergency cash loan can aid you when you are in a sticky situation or just find yourself in need of money quickly. Here are five good uses for emergency cash loans.

Medical Emergencies

If you or a loved one goes through a medical emergency, not only can that be a tough emotional situation, but also a financial one. Health insurance doesn’t always cover the medical procedures we need, and so an emergency cash loan can ease that financial burden when you find yourself faced with a hefty medical bill. Emergency cash loans cannot only be used for medical bills, but prescriptions as well. Whether you need money in order to pay for those out of pocket prescriptions or because you only receive partial health insurance, an emergency cash loan can be a convenient way to get the needed cash for any medical emergency.

Car Repairs

Without a car, many people have no way of going about their daily lives. If your car breaks down and you have no money on hand to pay for it then an emergency cash loan can come to the rescue. Emergency cash loans can be well worth it, especially if you risk losing money because you can’t get to work. In order to ensure you are able to repay your emergency cash loan, create a repayment plan in order to make sure you are borrowing responsibly.

Getting You Through Until The Next Paycheck

Life can throw all kinds of curve balls at you, and if you simply do not have the money to pay for them then emergency cash loans are a great way to tide you over until your next paycheck. For example, if your child needs money for a soccer uniform or you owe money to a friend, an emergency cash loan will ensure that you can go about your daily life. In order to take out an emergency cash loan responsibly however, make sure that you do not take out more money than you can afford to repay come your next paycheck.

Putting Groceries on the Table

If you are unable to put groceries on the table there is nothing to be ashamed of, as this happens to millions of Americans across the country. If you have run out of money, and need to feed you and your family then an emergency cash loan is a good way to get the money you need in between paychecks. The good thing about these loans is that you can take out a small amount of money at a time, and so you do not have to worry about over-extending yourself, as a few hundred dollars can most likely feed you and your family until your next paycheck.

Other Emergencies

Besides medical and auto emergencies, there are plenty of other types of situations that an emergency cash loan can come in handy. Due to its convenience and how easy it is to obtain one, many people choose to use them in situations where they need to get their hands on cash as soon as possible. Another great thing about emergency cash loans is that almost anyone can obtain one. As long as you have a steady income and a few documents then you can get the cash you need almost instantly. In fact, credit checks are not required for cash loans, and so even if you have bad credit, or no credit at all, an emergency cash loan can help you out in almost any situation.

Jobs That Will Make You the Best Tips

Recent data indicates that people have been upping the amount they tip in recent years. This means that service industry workers are receiving more money for their work then they have since the economic meltdown in 2008. Although service industry jobs tend to not pay as well as other types of occupations, when you take into consideration the amount of tips that are received, they don’t sound so bad after all. If you are interested in getting a job in the service industry then right now is a great time to enter into a job that receives tips. Here is a list of the top five service industry jobs that make the most tips.

Waiter or Waitress

In many states servers actually receive less than the minimum wage since employers account for the tips that they’ll receive in order to raise the hourly rates of their employees. On average, 63% of a server’s total income comes from their tips, which is one of the highest of any jobs. If you are interested in being a server then you should consider which restaurant you work for carefully, as the location and the quality of food makes a huge difference in the amount of tips you’ll receive.

Casino Manager 

If you are interested in joining the gambling world then you could do so while making great tips as a casino manager. This job requires that you walk around the casino to keep an eye on patrons and workers as well as help customers with any complaints they may have. As a casino manager, you may also be in charge of managing special occasion events as well as make sure valued customers are well taken care of. Although you may not receive a tip from every customer, casino managers tend to receive big ones when they do get tips from their customers. This makes the median hourly salary for a casino manager $17.40 an hour, which isn’t too bad.

Banquet Captain

Have you ever attended a large function in which food was present? If you did then chances are that was all thanks to the banquet captain. Banquet captains plan events and evaluate and manage their staff. They also must figure out how to solve any sort of problem that arises. Banquet captains receive a substantial amount of tips since they are given a portion of the gratuity that is included in the bill.

Sommelier

You must be quite knowledgeable in the field of wine in order to be a sommelier, however working as one is quite a great job. Sommeliers usually work in very high-end restaurants and recommend wine pairings for the restaurant’s dishes. Sommeliers tend to also be very experienced at serving wine. Along with the duty that a sommelier has to his or her customers, they also are usually given the duty of choosing the best wines to stock a restaurant’s wine cellar with. Although being a sommelier comes with a lot of responsibility, it also comes with a nice paycheck, as the average income is $23.50 an hour, a lot of which comes from the hefty tips that are often received by these wine experts.

Butler

You probably have seen a butler or two in the movies or on TV, however in real life butlers are more often called house managers. Their duty is to oversee a house staff as well as make sure everything in the house runs smoothly. A butler is often given a substantial amount of money in tips, making their average hourly salary $29.30. However, butlers seem to be a dying breed as there are only 10,000 citizens employed as butlers in the United States.