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Illinois pawn shops report sales boom despite pandemic
In this Thursday, June. 18, 2020, photo, West Quincy Pawn Shop owner Lionel Hammond poses for a photo in the gun section of the store which Hammond pointed out has a noticeably low stock in West Quincy, Mo. At West Quincy Pawn Shop, Hammond said sales have been off the charts and that he can`t keep merchandise on the shelves as buyers are using their governmental stimulus money to buy firearms, jewelry, televisions and other electronics. (Jake Shane/Quincy Herald-Whig via AP)
QUINCY, Ill. — Providers of fast money, pawn shops throughout the region have taken on an enhanced profile in an economy turned upside down by the coronavirus.
Finances can be unpleasant for many people in their lives. Sometimes, it seems as if your money flies out of your wallet to pay for extra expenses. Whether or not you are experiencing this problem, you could still learn tips on how to organize your personal finances better, so you could save money as opposed to mindlessly spending it.
Triple check your credit card statements the moment you arrive home. Make sure to pay special attention in looking for duplicates of any charges, extra charges you don`t recognize, or simple overcharges. If you spot any unusual charges, contact both your credit card company and the business that charged you immediately.
Maintain at least two different bank accounts to help structure your finances. One account should be dedicated to your income and fixed and variable expenses. The other account should be used only for monthly savings, which should be spent only for emergencies or planned expenses.
If you have a credit card without a rewards program, consider applying for one that earns you miles. Combine a credit card that earns miles with a frequent flier rewards program from your favorite airline and you`ll fly for free every now and again. Make sure to use your miles before they expire though.
There are a lot of electronic expenses that you will have to pay for during the month. One tip that you can follow is to merge your internet, phone, and cable into one payment plan. There are many providers that offer discounts if you join their company for all three services.
Keeping up with your money is very important. Knowing about money is important as well. Following our tips you will be able to put them into action and reach your financial goals in just a matter of time. So, what are you waiting for? Go out there, and make good financial decisions.
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