Becoming – 4 Ways to Pay Off Emergency Debt with no Emergency Fund

In this episode of Becoming with Angelina Watkins, she goes over 4 ways to cover a $1,000 emergency when you have no emergency fund.

Fifty-seven percent of American households cannot cover a $1,000 emergency. It is not due to inflation or rising interest rates because people were struggling to cover small emergencies before the pandemic and before prices began to rise. So why are they unable to cover small emergencies, let along big emergencies?

One answer, their spending. Seventy-five percent of households are living paycheck to paycheck. People making six-figures are living paycheck to paycheck. So it is not that they aren’t making money, but they are not controlling their spending. They are spending and not saving. You have to be willing to sacrifice some things temporarily for a long-term gain.

So how do you cover an emergency when you don’t have any emergency funds? Listen in as Angelina goes over 4 ways to cover emergency debt when you don’ have any money.

Episode Outline
00:00] A sneak peak into the episode
[00:20] Music intro [00:28] Introduction
[01:07] 1000 emergency
[03:35] Living paycheck to paycheck
[07:04] Change your lifestyle
[09:53] Interest free financing
[10:51] Payment plan
[11:38] Zero interest credit card
[12:02] Personal loan
[12:21] What to avoid
[14:00] Closing

Where you are is not where you have to be. Your past does not define you, YOU define you.

-----------------------------------------------------------
PRODUCTS AND SERVICES
Path to Prosperity: 17 Secrets to Building Wealth You Can Start Today
Amazon Link: https://www.amazon.com/s?k=path+to+prosperity+angelina+watkins&crid=2AORT68W4A06B&sprefix=%2Caps%2C95&ref=nb_sb_ss_recent_1_0_recent

-----------------------------------------------------------
FOLLOW THE HOST
Follow Angelina Watkins on IG: https://www.instagram.com/becomingangelinawatkins/
Follow Angelina Watkins on Tik Tok: https://www.tiktok.com/@becomingangelinawatkins

-----------------------------------------------------------
PODCAST MUSIC
Intro/Outro Music Title: So Magnificent
Artist: IG @ https://www.instagram.com/cgreenblues/