Recently, people do not like to talk about their financial status whereas, they need help. To be fair, it’s normal because most people don’t know how to approach another person to ask for financial help. When you ask for help sometimes, it makes you look vulnerable and it results in you having little self-esteem. Well, it’s true, but you cannot continue to live in silence. Asking for help can be difficult and people see it as something embarrassing but it is a bridge you’ll have to cross. In this article, you get to know how to ask for financial help without feeling lowly or embarrassed.
There are instances where you will be financially stable and may not have to spend much in a day. You wouldn’t even need to touch your savings. Also, there are stages where things become extremely difficult, and being able to buy certain things become a tough task. Your financial capabilities deduce how you will live. You cannot need financial help and still aim to buy an expensive car. At least you would want to become financially stable before thinking of buying a car.
What is financial help?
When someone needs financial help, it doesn’t mean the person is poor. You can fend for yourself and eat good food, but can you do other things apart from that? If you need help to pay bills, tuition fees, and so on, you need financial help. Getting financial help can be easy but how to go about it is the fundamental challenge.
Financial help means additional help needed to undergo vital things. If you claim to need help so you can buy the new Lamborghini Aventador car, it wouldn’t be considered as help. What it entails is needing extra money for particular things.
As a description, a relative of a person falls ill, and the promising hospitals in the United States are charging 5000 dollars to begin treatment but you only have a thousand dollars, financial help is needed, so the treatment can begin. Financial usually comes up in emergencies.
READ MORE: Jobs That Pay Over 500k Dollars a Year.
What do you need to secure financial help?
If you do it the right way, asking for financial help online shouldn’t be difficult, it can turn out to be successful, but certain things are needed from you. First of all, you must determine your needs. Needs are important and not wants. Most people want what they cannot afford. What counts is your needs and it makes it reasonable to ask for financial help. Secondly, do well to explain your efforts so far. Let them know how far you have gone to secure financial help.
Next, make sure you plan how you refund it. You must develop a repayment plan to show how serious you are in getting the help needed. Most importantly, make sure you are respectful throughout the process. An arrogant person would be classified as someone who doesn’t need help and may have other means of making money. Your attitude decides if you’ll be getting help or not.
Signs that show you need financial help
Certain situations and signs show that you need help financially. Most people aren’t aware of them and they don’t know which leads to more problems. The following are the signs to take note of:
1. Paying bills and taxes late.
This is a sign that shows you need financial help. You are expected to pay bills as soon as possible but when you begin to pay late, it shows you do not have and there is a need to double up your income.
Do people regularly call you to pay up an amount of money? Do they threaten to get you arrested or sued for refusing to pay a bill? You need money. When it becomes extremely difficult to keep up with monthly bills, your financial status is going low and needs a significant push.
To prevent this, it is advisable to seek financial help. If you do not take the advice, you are likely to worsen the situation.
2. Living off your savings and credit cards.
When you live off your savings, it is a bad sign that needs to be attended to immediately. It means that you do not make extra money, perhaps income is reduced and you can only bank on your savings and credit cards.
Before you know it, you begin to withdraw all the money on your credit cards and this will lead to further financial problems.
You shouldn’t use your credit cards for constant withdrawals. You should only use them mostly for online payments and the likes. When you make too many transactions and get debited, with little credits, you need financial help to bounce back.
3. Accumulating more debts.
When you accumulate more debts, it is a bad sign and you should try to avoid it. Accumulating debts means collecting excessive loans from different sources. The reason for accumulating debts in the first place is because you need financial help, do not ignore that fact and keep going for loans that become difficult to pay. Filing for financial help is the best way to escape the situation.
READ MORE: How Long Does it Take to Get Out of Debt?
How to overcome your fear and ask for help.
It isn’t easy but it is necessary. Without overcoming your fear, you wouldn’t get out of arrowing times. When you need assistance, don’t resist it. Try as much as possible to make it known to those you trust. If you are mortified to bid for monetary help online, at least you should have friends you can rely on.
Most people prefer not to find help. They would rather be on their own and hope to get more jobs to fend for their needs. If you get the job can it clear your debt? Can you make up to 100 thousand dollars in a month? These are what you should ask yourself. After consideration, you must take the courageous step of imploring for help.
However, people may consider you shaky or vulnerable but you shouldn’t allow that to affect your plan. You asking for help doesn’t mean you are unhappy. It is not a scandalous thing to ask for help. There are various billionaires in the world today who needed help in the past. They were able to stand above the odds and make a great move. You should take a step today!
How to ask for financial help online.
Do you need financial assistance? Are you in need of capital to start up a business? Then you should take note of the following:
1. Evaluate and infer your needs.
First, you must be apt to differentiate between your needs and wants. What are the needs? Needs are essential things needed for survival. What do you want? Wants are what you desire to acquire and they are less important to daily survival.
If you profess to need financial help because you want a new car, such financial help may not be attended to. You need to evaluate your needs to avoid asking for too much or less. It is nice when you highlight the amount you need and what you need it for.
2. Elucidate your efforts so far.
Have you tried to securely fund five different places? How often do you seek help? These are what you are expected to explain. If you’ve gone through stringent means of making more money, explain what you have done. If you’ve tried several things to revive your financial status, explain what you have tried.
After doing these, whoever wants to help will see the reasons why you need financial assistance. As an illustration, you can give a short story of how you labored at a coffee shop but earned very little.
3. Formulate a repayment proposal and be respectful.
You should be respectful when seeking help online. You shouldn’t be rude or proud to those who are trying to help. Your humility may make you find favor and you get the exact amount you’re requesting.
If the financial assistance is free, there is no need to formulate a repayment plan. What you need to do is how you can utilize the opportunity and end being broke. Nonetheless, if it is a loan, you will have to come up with a plan on how you’ll refund the money. Having a good plan makes the helper glad and getting help is guaranteed.
Does seeking financial help online really work?
The answer is Yes! Although, it may not be easy and this is because not everybody online knows each other and it becomes difficult to render help to a person you don’t know. The only thing that can be done is to help without expecting a refund. Who would give out a large sum to a stranger? Albeit, you can be lucky to meet a nice helper. Asking for financial help is one of the best solutions to being broke.