We’ve all been in a bit of a pickle in one way or another in our life. No matter what the basis for your tough situation might have been, it most probably involved money in one way or another. We live in times where it is easier to slip up and go homeless than most people think. In cities such as London or New York, all you need is a missed paycheck or two, and you suddenly can’t pay rent anymore, yet people still wonder why the amount of homeless people still keeps going up year after year. Don’t be one of the people who becomes a homelessness statistic, be the person who could possibly spare some money for the homeless instead, but that’s hard to do without staying out of financial crises yourself. If you wondered about ways in which you could “make it” through tough times, then keep on reading, and hopefully, you won’t have to use this advice anytime soon.

Borrow

As simple as it sounds, the best way to suddenly come across an influx of money is to just borrow it from someone. If you have some friends or family available to give you some money for the time being, you should most probably take that opportunity because it’s not like you have to pay interest on money you borrow from friends or family. Of course, only do this if you know that you can repay them in a timely manner. There is nothing worse than destroying a years-long relationship over money. The old Polish proverb which states that “If you wish to make an enemy from a friend, lend them money” stays more relevant than ever, so don’t let yourself be the friend who continues proving it right.

Deal with your loans

If you’re already past step 1, and step 2, already finding yourself in debt of some sort, then the situation has to be approached a bit differently. When not paid in a timely fashion, loans can turn mean very, very quickly. You should do your very best to avoid that from happening in the first place, but sometimes life is life, and some events are seemingly out of your control. However, even if you’re already stuck with the short end of the stick, not all hope is lost. Contact a payday loan consolidation company and get a bit of a weight off your shoulders by hopping on over to better terms for paying off your loan. Stop collection calls, avoid bankruptcy, lower monthly payments, and make life a bit less stressful for yourself.

Stop the credit card

If you find yourself digging your own personal financial grave deeper and deeper with each passing month by tapping out on your credit card, then you should most probably stop doing just that. Money that is not yours in the first place, should not really be spent at times when you don’t have the means to comfortably repay it. Sure it might seem like a great idea at the time, but unless you have something actually planned which could help you make some potential profit in the near future, then this is just adding on to your monetary backlog.