Emergencies are an undeniable part of life. One minute things are going well – your life is great, finances are sorted and you seem to have your future mapped out too, and the next minute you are hit with crises that bring your plans and maybe even your life to a complete halt.
One thing with emergencies is that, no matter how minor they are, you experience some kind of financial strain because it’s not something you ever planned for.
If you ever get hit with a financial emergency, remember you’re not helpless. Here are some tips to help you pay off the bills the emergency incurred, lessen the financial impact on you and your family and get back on your feet as fast as possible.
Take a step back and assess the situation
The first feeling you may get after an emergency is fear, however, that won’t make the situation any better. After you’ve been struck by a financial emergency, don’t panic, take some time to evaluate your situation. Ask yourself what you’ll need to do to take care of the financial emergency, and what you need to do to get it.
The earlier you have an idea of how much you’ll have to spend, the more prepared you’ll be to handle the challenge of paying for everything.
Withdraw from your Emergency Funds account
If you have been setting some funds aside for emergencies, this is when it would come in handy. When things go south, you can always get a level of soft landing by withdrawing about 70% of the emergency funds you stored away for rainy days.
Look for Extra money
Ideally, you should have some money set aside in an emergency fund to help pay for any unexpected expenses, but this isn’t always a realistic expectation. At times like this, you need to look elsewhere for extra funds.
Rosabon Financial Services provides tailor-made solutions designed just for you. With us, you can access quick, flexible, and affordable loans to settle all financial emergencies.
The Rosabon Quick Loan eliminates unnecessary paperwork and long approval time, making it the best way to access quick cash for emergencies; be it medical or any other form of unforeseen expenses.
Invest for the Next
With a minimum of N50,000, you can start your journey to financial freedom, free from the worries of financial emergencies. This tenor-based account allows you to EARN great returns on your funds.
Don’t delay… start your journey to financial freedom today with affordable and highly rewarding financial products from Rosabon Financial Services.