7 Financial Tips To Get Through An Emergency

June 11, 2021 | Daniel Dewitt

financial tips to help with emergency

Among the financial tips that can help you get through an emergency include taking a hard look at your expenses, setting a new budget, talking to a financial adviser, and getting help with title loans or payday loans from Texas Car Title and Payday Loan Services, Inc.

Any type of unexpected bill or expense can wreak havoc on your finances, things like a hefty medical expense, a need for unexpected travel, or if your home needs a sudden and pressing repair can be very costly. But with these financial tips you may have an easier time getting through:

7 Financial Tips for Emergencies

Look at Your Expenses

Financial hardships require you to thoroughly analyze all of your monthly expenses to put everything in perspective.

By writing out every expense each month, you can get a clear idea of what you need to cut out and set up a plan of how exactly to get over the rough financial patch.

Be sure to write out everything, from necessities (food, mortgage, car insurance) to the “wants” (eating out, new clothing, concerts, magazine, or TV streaming subscriptions).

By eliminating excessive bills, you can work your way out of emergencies big and small.

make a budget

Make a New Budget

Once you have a good idea of how much your emergency will cost you, among the top financial tips you can implement is starting a new conservative budget, with savings goals in mind to help pay down the emergency cost quickly and easily.

This may mean getting rid of those “wants,” but also perhaps lowering your monthly food bills or temporarily getting rid of a streaming service. Every little bit helps. Then, the most important thing: stick to your new budget. No excuses. 

Earn Some Side Cash

If it can fit in with your schedule, explore some easy ways to increase your cash flow. A recent survey by bankrate.com found that 45% of working Americans have a “side hustle” of some sort, including meal delivery, dog walking, and car-sharing.

Talk to Your Credit Card Company

One of the biggest financial tips: If you’re heavily in debt but need help to pay down some emergency bills, you can work with your credit card company to discuss some options to ease the pain. They may be able to create payment extensions for you.

Look into Your Insurance

Health insurance, car insurance, home-owners insurance — all can help you through some unexpected expenses that you may not know are covered. Even if something is partially covered by any of your insurance, it goes a long way in getting out of a financial black hole.

Talk to a Financial Adviser

One of the financial tips endorsed by professionals: reach out to a financial adviser to discuss your situation. Whether it’s an adviser affiliated with your bank or provided by free from work (or independent), an adviser can review your expenses and your income and offer some options to help, including financial tips tailored just for you. 

Get Help with Title and Payday Loans

Even if you have no credit, you can get a car title loan or a payday loan from Texas Car Title and Payday Loan Services, Inc.

Both title loans and payday loans are easy to obtain and give you fast cash when you need it the most. Let's take a closer look at how title loans and payday loans fit in with financial tips. 

title loans easy cash

Title Loans

Car title loans involve temporarily exchanging your vehicle’s title for a loan of up to $15,000 — and you keep your car. Once the loan is finished, you get your title back.

Here’s what you need: your vehicle for inspection, proof of insurance, a lien-free title to your vehicle, and a driver’s license or state-issued identification.

How it Works

  • Submit a request for a title loan either on Texas Car Title and Payday Loan Services, Inc. or over the phone at 1-800-227-4707.
  • A company representative will reach out to you very quickly to discuss your title loan and answer any questions you may have. They will also schedule a meeting with you.
  • Bring your vehicleand the documents to the nearest Texas Car Title and Payday Loan Services, Inc.’s location for a quick inspection that takes about 30 minutes.
  • If you qualify, finish your paperwork and get your money!

Payday Loans

Payday loans of up to $1,200 are also an option at Texas Car Title and Payday Loan Services, Inc.

What you need: your most recent pay stub, a state-issued identification or driver’s license, and a blank check from a checking account that’s in your name.

How it Works

  • Submit a request online on Texas Car Title and Payday Loan Services, Inc. or over the phone at 1-800-227-4707.
  • A representative will call you to discuss how a payday loan works and how it can help you.
  • Bring your documents to the nearest Texas Car Title and Payday Loan Services, Inc.’s location for the representative to assess them. If approved, you can get the loan amount the same day.

Emergencies Are Easier When You Are Not Alone

Life often throws you a financial curveball every now and then, and Texas Car Title and Payday Loan Services, Inc. understands that.

One of our financial tips for those struggling to solve their financial emergencies is to consider a fast and easy title loan or payday loan. Texas Car Title and Payday Loan Services, Inc. is here to help you take care of your financial emergency today!