A financial emergency of any kind can send you into a state of mild panic. It could be anything. Perhaps, you need to pay the rent or mortgage in the next few days but have maxed out on your credit cards. Perhaps your car insurance has expired and you don’t have the money to renew it. Perhaps you suddenly lost your job and don’t have the money to pay your basic living expenses. Perhaps you didn’t manage your money and you’ve run out of grocery money and the refrigerator is almost empty.
Besides the crisis itself, you also tend to berate yourself. Why can’t you get a better job? Why do you always forget to balance your checkbook? Why are you always struggling to come up with money? Here’s the thing: this train of thinking won’t help you. What will help you are some practical steps to correct course. Fortunately, your situation may not be as hopeless as you think. Here are some steps you can take to get back on your feet again: