FMOOD 0253: What If the Starter Emergency Fund Runs Out? - a podcast by Tom Merlino | Tom is inviting you to follow him on his journey to get out of debt and get into prosperity.
from 2017-11-07T00:00
What if the starter emergency fund runs out? What do you do if you're hit with another emergency? Sometimes you're hit with a double-whammy (or maybe even a triple-whammy), and when this happens, what do you do?
Well, you do have the option of using a credit card. If you decide to go this route, you'll want to have a plan in place to pay that amount back and get it back off of the credit card as quickly as possible. However, a better plan might be to earn some money quickly through a little ingenuity and imagination.
Find what it is that you're good at, and put it out there on social media to sell it as a product or a service. Be sure your price point is low enough to grab the attention and actions of others but still high enough to earn you a decent amount of money in the short-term. Remember, you need money now. That is your overall goal. Think outside of the box, and do what you need to do in order to get past the lack of an emergency fund or a shortage of available resources in your emergency fund and bounce back as quickly as you can.
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