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When you are financially tight, you would want cheap deals whether it is on purchases or loans. Hence, cheap payday loans would be the best source of extra cash that will incur the least extra cost to ease your financial requirements if your fixed monthly income does not always suffice. Although there is an extra cost involved with cheap payday loans, it is better than paying more interest with normal payday loan deals. Any savings from lower interest charges would be a great help when you are in a tight financial spot. However, loans are not the best solution to solve your financial woes. It is better to acquire better financial management skills to handle your available funds wisely with a foresight of the economy. Good financial planning can bring on more income from your fixed income through some wise investments if opportunities arise. Passive income can be enjoyed to ease some financial tightness during rainy days.    

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