Debt and Emergency Preparedness
When is an emergency really an emergency? To some it’s an emergency when you need a snack and your chocolate bar gets stuck in the vending machine. Of course the folks at 911 will probably tell you that’s more of an inconvenience. By definition an Emergency is “a serious, unexpected, and often dangerous situation requiring immediate action.” So, probably not the hanging snickers bar. Of course, if you’re diabetic and your blood sugar is dropping then getting to that chocolate bar would be an emergency situation. When you’re living with debt, you live on the financial edge and what may not constitute an emergency to someone else could be enough to send you over the edge.
What’s in your Financial Emergency Kit?
Experts advise that in the event of an emergency, usually a natural disaster, you should be prepared to survive without assistance or services for at least 72 hours. You’ll need water, canned goods, flashlights, radio, batteries, candles, matches, blankets, important documents, and cash, to name a few. But when you’re living with debt the only thing in your emergency kit is more debt, stress, and worry.
When you are living with debt an emergency can be something as mundane as an unexpected car repair, or a final notice from the power company. You’ve been walking a financial tightrope for so long, paycheque to paycheque, overdraft to overdraft, minimum payment to minimum payment, that something as inconvenient as having your hours temporarily cut back could send you into a financial tail spin. What do you pack into that emergency kit?
Debt Help; a solid back up plan
When putting together your financial emergency kit, it helps to get rid of the debt and the stress to make room for extra cash and peace of mind. 4 Pillars Debt Solutions was founded in 2002 by three professionals who were tired of watching friends lose their businesses to debt. They did their homework, combined their financial expertise and started a company that would ensure no one would be controlled by their debt again. In fact over 97% of their clients successfully complete the plans they create and become debt free, making 4 Pillars an industry leader in Canada. In Edmonton your 4 Pillars Debt Specialist is Pradeep Padmanabhan.
Pradeep and his team at 4 Pillars Edmonton are ready to help. During your free initial consultation Pradeep will gather the information needed to settle your debt. He will then create a debt settlement strategy that works for you; negotiating with your creditors, navigating financial terminology, finding your best options and helping you rebuild your credit. You could have your debt reduced by up to 80% and paid off within five years. There’s a debt settlement option that will work for you. It could be debt consolidation, debt restructuring, simple budgeting, or another form of debt relief.
To learn more, call Pradeep Padmanabhan at 4 Pillars Edmonton, 780 665 3737. Be prepared for your next financial emergency. Don’t call 911, call 4 Pillars.
4 Pillars Debt Solutions. Details at 4Pillars.ca
