My previous company used to sometimes offer its employees payday cash advance or payday loans especially around the festive season. Many of them used to take advantage of it and opt to have their salary reduced as payment for the advance. One of my friends used to take it although he didn’t need it as to him, it was available money at a low interest rate! Everyone has their own personal view of money and to me, I would try to stay out of debt as much as possible. So aside from my big loans such as my housing and car loans, I would try as much as possible to avoid taking further debt and try to live within my means. While that sounds good, it really isn’t as easy as it sounds especially since the cost of living in the city is increasing everyday and the prices of goods keep going up. Our inflation rate has shot through the roof and while single people like me can survive, I guess those with families may have no choice but to take a payday loan to help them bridge their expenses over the month. Whatever form of cash aid you decide to take on, it is important that you do not become overly dependent on it.