If you were in desperate need for money....

[Xester]

If i were in desperate need for money then I'd borrow. I mean if there is no other way and i really NEED it so if it's crucial then ill borrow.
But ofcourse I don't allow this to happen or I try to prevent it as much as is in my power.

i think i would also only borrow the money because it would be the best and easiest way to come back to good life

I think I will also borrow if ever I urgently needed a money.  But I do not want to be in that situation.  This is an eye opener for me.  I think I have to start saving every penny I could have since there is no way I could have someone to borrow money from.  There is no way I could afford to borrow money so I have to pay attention to my spending habit badly.

[Doms]

That is why emergency funds shouldn't be taken for granted and not be considered as optional. We should be able to build an emergency fund that is equivalent to 3 to 6 months of what we spend. Better if we can make it bigger so that when the time comes that we are in dire need of money, there is some emergency fund on standby. And even if it is not enough, that should serve as a first aid.

[TastyChillySauce00]

That is why emergency funds shouldn't be taken for granted and not be considered as optional. We should be able to build an emergency fund that is equivalent to 3 to 6 months of what we spend. Better if we can make it bigger so that when the time comes that we are in dire need of money, there is some emergency fund on standby. And even if it is not enough, that should serve as a first aid.

the thing is sometimes if you have an emergency fund and you faceing just a "little" problem then you will took the funds and not going to try hard to resolve it without using the funds that makes when another problem coming up you're out of emergency funds

[bamboylee]

If i were in desperate need for money then I'd borrow. I mean if there is no other way and i really NEED it so if it's crucial then ill borrow.
But ofcourse I don't allow this to happen or I try to prevent it as much as is in my power.

i think i would also only borrow the money because it would be the best and easiest way to come back to good life

Exactly, if we borrow money we should also consider paying it because it is not only once that we will be in desperate need of money, it might happen again so if we protect our reputation by paying loans on time, surely the lender can give us another loan.

Do not get used in getting loans or getting desperately in need of money. We should do our best to have enough income so we can save and invest. This two are the only things that can help us to not get in any financial trouble.

[BingoDog]

If I was in need of money without savings first I would address my close friends and family for help. Also I would try to get another source of income to improve my financial status.

[gkv9]

If I were in desperate need for money, I sometimes used to try to get loans for some extremely terrific conditions that I suffered from... I know that's not a way to get out of this, so I even try to sell some stuff here and try to earn something with which I get a living...

[agustina2]

If I were in desperate need for money, I sometimes used to try to get loans for some extremely terrific conditions that I suffered from... I know that's not a way to get out of this, so I even try to sell some stuff here and try to earn something with which I get a living...

It's not mistake to test and try all the possible options to get money legally if ever people really needs money. In the times of desperation, no need for being a shy one.

What important is, people must able to pay the borrowed money on a given terms so that their image will not be worst and next time they borrow, they will be trusted.

[xIIImaL]

If I were in desperate need for money, I sometimes used to try to get loans for some extremely terrific conditions that I suffered from... I know that's not a way to get out of this, so I even try to sell some stuff here and try to earn something with which I get a living...

Even I tried to the apply the loan in btcjam many times but not able to get the loan. I got a mail seems to be with not sufficient documents to process the loan. So I lend some with the pawn broker and got some fiat to help my situation.

[vero]

If I were in desperate need for money, I sometimes used to try to get loans for some extremely terrific conditions that I suffered from... I know that's not a way to get out of this, so I even try to sell some stuff here and try to earn something with which I get a living...

although it was not a good thing but it's the only way we think when desperate need money and because of this we has know how important to saving money.

[Nimbulan]

That is why emergency funds shouldn't be taken for granted and not be considered as optional. We should be able to build an emergency fund that is equivalent to 3 to 6 months of what we spend. Better if we can make it bigger so that when the time comes that we are in dire need of money, there is some emergency fund on standby. And even if it is not enough, that should serve as a first aid.

you are right, every person should have some money that they could use if something goes wrong

[Mr.grin]

everyone has his own way to make money. might be important if in a state they do not have the money, maybe the best way is to borrow it, even though it was very risky. however, it will be very difficult to reverse if they borrow in large amounts. so, although it is the best way, but it is not recommended, because borrowing very risky if you are not able to return it within the specified time

[ttargett]

If I was in need of money without savings first I would address my close friends and family for help. Also I would try to get another source of income to improve my financial status.

i would most probably borrow some money from my family too because that would be the best thing to do

[Zooplus]

If I was in need of money without savings first I would address my close friends and family for help. Also I would try to get another source of income to improve my financial status.

i would most probably borrow some money from my family too because that would be the best thing to do

That's better if you can lend from your family cause you do not need to pay for the higher interest if you will loan from a lending business, we are lucky if we have a family that has a good financial standing in life, if not we will be force to lend in bank or a lending company and will pay the interest expense on our loan.

[Mr. Big]

everyone has his own way to make money. might be important if in a state they do not have the money, maybe the best way is to borrow it, even though it was very risky. however, it will be very difficult to reverse if they borrow in large amounts. so, although it is the best way, but it is not recommended, because borrowing very risky if you are not able to return it within the specified time

When you are desperately in need, you won't be thinking too much about interest and how you will pay it, the important is you could produce the money you need... Best example of that is when we are in an emergency and the problem was too bad ( between life and death scenario ) I think you won't be thinking too much about the drawback of borrowing..   

[carlfebz2]

everyone has his own way to make money. might be important if in a state they do not have the money, maybe the best way is to borrow it, even though it was very risky. however, it will be very difficult to reverse if they borrow in large amounts. so, although it is the best way, but it is not recommended, because borrowing very risky if you are not able to return it within the specified time

When you are desperately in need, you won't be thinking too much about interest and how you will pay it, the important is you could produce the money you need... Best example of that is when we are in an emergency and the problem was too bad ( between life and death scenario ) I think you won't be thinking too much about the drawback of borrowing..   

We should really consider this scenario which  we would need to borrow money at any cost because we are talking about life here and you were right  you wont  mind anymore about the risk and   interest of the said amount because you are in middle of a situation and  you wont  risk the life  because of interest. lol

[Leonard2016]

everyone has his own way to make money. might be important if in a state they do not have the money, maybe the best way is to borrow it, even though it was very risky. however, it will be very difficult to reverse if they borrow in large amounts. so, although it is the best way, but it is not recommended, because borrowing very risky if you are not able to return it within the specified time

When you are desperately in need, you won't be thinking too much about interest and how you will pay it, the important is you could produce the money you need... Best example of that is when we are in an emergency and the problem was too bad ( between life and death scenario ) I think you won't be thinking too much about the drawback of borrowing..   

We should really consider this scenario which  we would need to borrow money at any cost because we are talking about life here and you were right  you wont  mind anymore about the risk and   interest of the said amount because you are in middle of a situation and  you wont  risk the life  because of interest. lol

you should always think ahead about these things not thinking about it when it happens. so when you think ahead of time you save up and set up an emergency fund for that particular emergency that makes you need a loan. or you can always sell some stuff to make that money or borrow from a friend.

[Sarthak]

If it's desperate, then I would consider asking my friends and family first. If that doesn't work out(which I'm sure will) then I'd try to take a loan with a collateral. And If that doesn't work out too, then I'd consider selling the collateral for a low price. If I were in desperate need for money..

I'm assuming the money is not  a very very large sum

[jossiel]

If it's desperate, then I would consider asking my friends and family first. If that doesn't work out(which I'm sure will) then I'd try to take a loan with a collateral. And If that doesn't work out too, then I'd consider selling the collateral for a low price. If I were in desperate need for money..

I'm assuming the money is not  a very very large sum

If I am desperate in need for money I will not go to the bank because if I will going to take a loan there are just going to reject my application.

Because I don't have stable job and I don't like to pay interest rates that they are going to put to the borrowed money.

I will just going to use my savings if I am really desperate.

[Mastsetad]

If it's desperate, then I would consider asking my friends and family first. If that doesn't work out(which I'm sure will) then I'd try to take a loan with a collateral. And If that doesn't work out too, then I'd consider selling the collateral for a low price. If I were in desperate need for money..

I'm assuming the money is not  a very very large sum

If I am desperate in need for money I will not go to the bank because if I will going to take a loan there are just going to reject my application.

Because I don't have stable job and I don't like to pay interest rates that they are going to put to the borrowed money.

I will just going to use my savings if I am really desperate.

If someone has savings then he probably doesn't need to borrow money from a bank or someone else, but if the case is different from yours means if someone does not have any savings then he will be compelled to take a loan or borrow some money from someone.

[Positid]

If it's desperate, then I would consider asking my friends and family first. If that doesn't work out(which I'm sure will) then I'd try to take a loan with a collateral. And If that doesn't work out too, then I'd consider selling the collateral for a low price. If I were in desperate need for money..

I'm assuming the money is not  a very very large sum

If I am desperate in need for money I will not go to the bank because if I will going to take a loan there are just going to reject my application.

Because I don't have stable job and I don't like to pay interest rates that they are going to put to the borrowed money.

I will just going to use my savings if I am really desperate.

If someone has savings then he probably doesn't need to borrow money from a bank or someone else, but if the case is different from yours means if someone does not have any savings then he will be compelled to take a loan or borrow some money from someone.

That depends on the amount of savings you have, if you have more needs than your savings then you have no choice but to borrow money from the banks, it does not matter if you will pay the interest as long as you will be able to solve your problem because you are in desperate needs.