Even with the best laid plans, there’s often no way to foresee all the ways a money emergency can occur. One day it’s your roof leaking during a rainstorm; the next day it’s the tooth you accidentally chipped. Rarely, we feel prepared for an unexpected expense.
These types of expenses seem to happen at the worst times, and they rarely come cheap. And before you know it, your budget is several thousand dollars out of whack and you’re reaching for your credit card.
But if the thought of racking up big balances makes you cringe, take heart. Follow our flow chart below to see how you can tackle financial emergencies without having to swipe your card.