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What do you do when you need money

CreditQ Social on Wednesday, March 21 2012, 05:10 PM
Here is another discussion we feel many people would like to find out the answer for: What do you do when you need money, but you're out of work or just not making enough money? Who do you turn to? What do you do to get out of the situation and still manage to pay your bills?
  • Replied by Amanda Knoll on Wednesday, March 21 2012, 05:47 PM · Hide · #1
    I usually go into a panic mode, try to take a big breath and think....I need to stop panicking first.

    Then...I don't know about other people, but I think about ways to cut bills. Then start looking for jobs like crazy and figure out how much money I need to pay those bills. Sometimes it's hard to balance it, because I don't want my Credit affected. So, I see what I can pay, and what will have to wait. Then call the creditors and see if they can give a couple months without putting it on my Credit Report and charging late fees. This has worked for me. ;)
  • Replied by Charles on Tuesday, October 23 2012, 06:00 PM · Hide · #2
    I agree with Amanda Knoll, I go back to the essentials when i need money (after going through periods of anger, confusion and depression). I look at ways I can stretch money even further. If I can't do that for a particular bill, I contact them to let them know what's going on. I also begin looking at ways to increase my income, whether it's temporary work, online work, or (as a last resort) borrowing.
    "Go for it now. The future is promised to no one.."
  • Replied by femilina on Tuesday, October 23 2012, 11:28 PM · Hide · #3
    Based on the required money, i will carry out the plans. I will search another job to earn more money to meet all the expenses and pay bills. Sometimes, if there is no possibility to get better job suddenly, then i will search source to borrow money with lower interest(i.e, bank loans). But before borrowing, i will assure and make arrangement to repay the money within a due date and more careful to my carrier and credit.
  • Replied by Darin on Wednesday, October 24 2012, 05:03 PM · Hide · #4
    You cut your expenses. At least that's what I would do.
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