We cannot escape from the inevitable financial crisis. They can lay down the best of us. Being prepared is the best policy. But one can never predict when emergencies shall take place. They arrive on the scene just when we least expect them, thus leaving us with a major dilemma. And most kinds of emergencies have an adverse effect on our income and our savings. Yes, we can try and minimize the damages beforehand by seeing to it that a good sum gets saved regularly in case of a rainy day. We can budget our monthly expenses effectively to ensure that none of our hard-earned money goes to waste. We must make an attempt to cut down on expenses. Yet, in the case of serious financial problems, these steps can only ensure that we do not get crushed under the burden of a cash crunch.
If we find ourselves facing a severe cash crunch, there are many things that we can do. We can ask one of our friends or relatives for a loan to give us support till it is pay day finally. We can try obtaining a cash advance on our credit card to help us as we settle payment. We even have the option of requesting our creditors to extend the time period that is normally given to pay off a certain...
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