Emergency Quick Cash
How to Cope with a Cash Crisis
If you are hit with a serious money crisis and you find yourself scrambling around for
emergency money, here’s how to assess your situation and get back on your feet.
All of a sudden and without warning, your roof begins to leak! Your hot water heater shuts
down and your computer goes up in smoke, the clutch needs to be replaced in your car and
your son decides to have his wedding on the Isle of Oahu – all of this within the same
As you sit, stunned and you ponder an exit strategy you receive a friendly letter from the
IRS explaining that you miscalculated your taxes in 1996, and they now own your house.
This Kind of Money Emergency Requires your Immediate Attention
What do you do?
The above scenario looks like a money emergency of biblical proportions. You are afraid to
open your front door for fear of finding a swarm of locusts!
Thank goodness, there are things you can still do to restore your financial life and
equilibrium—and perhaps even fend off future misfortune—without having to sell your very
Learning to Cope with a Money Emergency
Wherever there are money woes, you can be sure to find crippling emotional setback. Avoid
it all you try, you might just as well begin to prepare for the devastating fiscal and the
emotional fallout that is sure to come. You will need to cope very well with both if you hope
to make a solid financial comeback.
Whenever a money emergency hits, it will be your ability to deal with the individual pitfalls
that will hold you in good stead. It is when a series of financial hits come your way that the
stress will tend to accumulate and make your life much more difficult to cope.
You will not be so overwhelmed when you can calmly and rationally look at each individual
problem as it arises. If you sit back wringing your hands with worry and allow all of your
emergencies to pile into one; you will find yourself down for the count.