Author

Topic: The best way to survive and get back from the financial crisis. (Read 88 times)

newbie
Activity: 77
Merit: 0
i think hard work in always the best way.
newbie
Activity: 26
Merit: 0
Box of tissues and less credit card debt as possible Cry
newbie
Activity: 84
Merit: 0
the best way is to have friends, which could help u to get out from this crisis. They always there if you need them with their flat, money, shoulder)
jr. member
Activity: 155
Merit: 1
1. Wear Money Shocked
Have you ever hide some money in unexpected places like in the deepest drawer of the closet or under the mattress? If so, take your money immediately and use it to survive a few days until it gets more income.

2. Create a Budget
Alternatively, calculate forward spending and cut all that is not needed. It's important that you really only spend money on expenses that really can not be delayed anymore. Try also to negotiate for regular fees. For example if you rent a house, try negotiating with the landlord about your condition and give a reasonable deadline for you to fulfill its payment. If you have a credit card, take advantage of discount or cashback feature so that your transaction value is lighter.

3. Miscellaneous Goods
You can come to the pawnshops and then collect some valuable items to get cash as soon as possible. This is useful if you do not have any savings anymore. Compared with being owed to moneylenders and high interest rates, mortgaging goods still belong to a safe enough way to survive during times of crisis.

That's how I think, what do you think?
Jump to: