New Year, New Personal Finance Goals!

Dec 29, 2021
Money Saving Tips

Having financial goals is a great way to help you learn to be responsible with your money. It's a useful way to not only manage your own personal finance goals in the present but also be prepared for the future. From retirement plans to being prepared for an emergency expense, read on to learn some examples of what financial goals can look like, and why good personal finance habits are so important.


Samples Of Common Financial Goals


Your financial goals are unique to your life and circumstances. However, some of the most common ones are:


Paying Off Debt


Not all debt is necessarily bad, like student loan debt from college or graduate school. Credit card debt can build up quickly and be difficult to pay off, especially if you're not careful about how often you use your card and what you're using it for.


Saving For Retirement


It may be hard to imagine retirement now when you're still young and still working, but one day you may not work anymore -- then what? Where will you live? What sort of care might you need? These are good questions to consider in the present, even if you're not ready for it yet.


Building An Emergency Fund


You can't always prepare for emergencies, but they happen: your car could break down, the air conditioning unit falls apart, a pipe bursts and needs immediate repair. It can take insurance companies weeks to reimburse for certain claims, so in the meantime, it's good to have some money saved to cover unexpected incidents.


Buying A Home


A home is one of the most significant purchases you will ever make in your lifetime. It's more than just a safe dwelling space for your family and belongings, but a hearty investment. From the initial down payment to regular mortgage payments, you will need to have a good amount saved up beforehand, as well as good personal finance habits in place to get approved for a mortgage from your bank.


Saving For Vacation


We all need some time off every now and then. Maybe there's a place you've always wanted to visit, and you want to spend a significant amount of time exploring. From the cost of plane tickets, hotels or Airbnbs, food, and souvenirs, a good vacation doesn't have to be expensive -- but it does involve a good deal of financial planning.


Starting A Business


Many businesses are able to get funding, but there's usually a start-up cost involved. Before you see your business idea come to life, you'll likely have to make an upfront investment for the storefront property, the merchandise, advertising, and more.


Think about the things that are important to you as you consider your financial goals. It's okay to have more than one, and it's also natural for them to change over time, since life tends to do that.


Personal Finance and Budgeting


Maybe you're unsure of which goals to work toward at the moment. In the meantime, you can focus on creating a budget to help you spend your money responsibly. None of your financial goals will come to fruition without solid budgeting skills in the present. Consider all the payments that you owe every month: your rent or mortgage, your car payments, gas, food, utilities, etc. You'll need enough money to cover these expenses, plus some left over for going out or for entertainment.


Your budget plan can be used to review your financial achievements and progress (as well as setbacks) just like athletes keep records of their workouts, or dieters keep track of calories. If you notice any places you can improve, or places where you're doing well, you can make adjustments to your budget plan as needed. Having a budget and sticking to it can help give you a sense of control as well as confidence about your future.


Auto Loans in South Florida


Rapid Auto Loans is your go-to place when you need cash, fast. You don't even need a high credit score -- just a functioning vehicle. Call us today at 954-678-5781, fill out an application for a car title loan online, or check out our Rapid Auto Loans blog for more personal finance tips.



Curb Expenses With These Money Management Tips

Many people struggle with money management. It can be tough to figure out the best way to utilize money, especially for Millennials on a tight budget.

Getting A Loan For Car Repairs

When you need car repairs, there’s no time to waste. You rely on your car to get your kids to school, get to work, and live your life. Being without a car for even one day can be detrimental. That’s why if you need a loan for car repairs, Rapid Auto Loans can help. We don’t want you to be stuck without a car any longer than you have to be.

Do Salvage Vehicles Count Towards Car Title Loans?

Looking for fast finance? Are you needing to use a salvaged vehicle as collateral? Salvaged vehicles are often declared as a complete loss by insurance companies. But there is good news. You can use your salvaged car as collateral in certain cases. Here are the distinctions for a salvaged car when it comes to car title loans.

personal loans

personal loan can be a lifesaver for those unexpected emergencies in life. Whether it's the washer that's packed up, or some unplanned medical expenses, unwanted expenses have a way of piling up at the worst times. Sometimes we just need that bit of extra help. But how do you qualify for a personal loan when you have bad credit? Here’s some news you may rather enjoy: You are not your credit score, and it is possible to get a personal loan with bad credit.

Get The Funds You Need With Quick Loans Regardless Of Credit

If you’re in search of fast funding, a quick loan could be your best option. Quick loans, such as car title loans, allow you to obtain the funds you need and still drive your car. Learn more about car title loans and how they work.

What Can I Use A Car Title Loan For?

Ever have one of those times when you could really use some extra cash? Of course, you have – most people have at some point or another. Every now and then, something comes up that you didn’t plan for, and it costs money to fix. But how can you find this cash, short of robbing a bank? One option is a car title loan.

Rapid Auto Loans is a consumer finance company licensed under Florida 516. The term title loan is used for marketing purposes only.
All loans have a repayment period of 12 months and there is no minimum prepayment penalty. Interest Rates are determined and approved by the State of Florida based on the borrowed amount and the maximum APR (which includes interest rate plus fees and other costs for a year) is 30%. You pay interest only for the time your loan is outstanding. Below is a representative example of the total cost of the loan, including all applicable fees:



Government Fee


Credit investigative Fee


Documentary Stamp Tax


Total amount Financed


Original Loan Date




Monthly Payment (x12)

Rapid Auto uses “Auto Title Loans” for advertisement purposes only and provides auto equity loans. The lenders are licensed under the “Florida Consumer Finance Act” under Florida Statute 516 and as such lenders loans is exempt from any licensing requirements under the “Florida Title Loan Act” to the extent that any of lenders activities involve the making of a loan of money to a consumer secured by bailment of a certificate of title to a motor vehicle.