There is no one in this world who knows when a disaster or disaster will come. Then, sometime when a disaster comes, have you been financially ready for it? Under such circumstances, emergency funding has a very important role in helping you get back to its original state.
Therefore, here are some ways to get an emergency fund!
You can earn money quickly by pawning your valuables. There are many things you can use to mortgage, such as gold, electronics, or your home. Do not worry you will lose your home because with equity release then you just pay the interest alone without having to fear your house confiscated, that’s how does equity release work.
2. Emergency Fund
It is important for you to have some money that you have budgeted as an emergency fund. The emergency fund itself is a fund that is prepared to address a very urgent need. The number of emergency funds has a variety of variations. Among other things is six times the monthly expenditure, 12 times the monthly expenditure, or it could be more up to you. Push yourself to have the funds before a disaster strikes. And when disaster comes, you will get the main help from yourself that you have prepared before.