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We all experience times when we run out of cash before our next payday. Unfortunately it is a situation that happens all too often for most of us these days. It is getting harder to make ends meet for the majority of us. Only a few lucky people are earning enough to be able to live comfortably and save as well.

Yes, we should all try to live within our means but on occasion, borrowing money is a helpful way to give us the cash boost we urgently need. While most people borrow payday loans and then pay them off quickly upon their next pay day, there are some people who get themselves into difficulties after borrowing money, and they find it even harder to manage with what they earn.

Here are a few tips on what not to do, if you decide to take out a short term cash advance.

As you know, payday loans are designed to be short term solutions for emergencies. Borrowers who use this type of credit to deal with larger, longer term debt problems can easily find themselves struggling to repay their loans or to meet their commitments.

Don't take out a payday loan if you think you may be short of cash and are unsure if you can afford to repay it in full on the set date. Short term loans can become costly if you default on them.

Be careful to only borrow what you know you can pay back. Some lenders do offer roll-overs where you can defer a repayment for another period of time. This is only an option you should consider in extreme circumstances as you are liable to incur additional fees and you will keep accruing interest on your loan. Roll-overs are only last resorts however, and most good lenders will do all they can to help you, whilst also advising you to repay your loan as soon as possible.