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

[mirakal]

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.

Some say it will be idle money because it will just be sitting in your bank account without earning money. But emergency funds are life savers. Everything else in life can be planned but emergencies cannot. Emergency funds answer for those needs.

I agree savings are savings and can be called emergency fund if things went wrong and needed money for it.  But if you have savings then you will be not in desperate need  of money because you already have the fund for your need.  So it wont force you to borrow money from bank or other people  which most people who don't have reserve  fund actually do when in need of money.

But not all people have savings if they are disperate the only thing that they can do is to borrow money to others. or they can also borrow a loan in banks   but only people who has job that can take loan..

As long as you have a good collateral for your loan, the bank will give you a loan. But it is not the best option because banks puts large interests on your loans. That will put you in a greater debts even if you missed just one pay.

Yes, banks would intend  to give you  a loan especially when you have a good collateral like house, lot, car  and other valuable things. As you said   the main  problem  here on  borrowing  into banks is the  high interest that they  put on your  loan which is somehow a  drawback  for us when  we intend to  borrow from them.

No, not really.. Banks do provide that smallest interest compared to other lending institution. Banks are guided by the rules of the central bank and they cannot just offer big interest nor impose a big penalty, the state wants them to operate in a transparent way for the benefits of their clients.

[mace15]

All of us here, experience of in desperate need for money.
But no one wants to experience this thing. In time of this,
I would rather ask help to my friends and family. Ill ask my family
then to lend me some money. Better to have a savings, in time
of emergency you have some to spend on.
"Everyone wants nothing when money is not a matter"

[onelove2111]

If you urgently need money tedious to sell liquid assets. If not, you should try to earn. If this does not work, then take the debt. But this is an emergency

[Mr. Big]

If you urgently need money tedious to sell liquid assets. If not, you should try to earn. If this does not work, then take the debt. But this is an emergency

Working will do to earn, but since this is really looks like an emergency coz "desperate" almost mean to do it quick, then borrowing will always be your very good way, and your assets will always be the one that will save you, you could use them as collateral or if you want it quicker pawn them all just suffer the high interest that those pawnshops will add... 

[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...

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.

I can understand what did you try to say... The only problem was, I was stuck in a situation in which I pray to God that no one should ever be...
I tried my level best to repay, but was unable as I was not even getting a real life job... I am thankful to my lenders who gave me the money when I needed it the most, else I had nothing to do but to sell my home itself and that's what most people do when they are in some extremely worst conditions and are desperate to get something managed anyhow...

[Positid]

If you urgently need money tedious to sell liquid assets. If not, you should try to earn. If this does not work, then take the debt. But this is an emergency

Working will do to earn, but since this is really looks like an emergency coz "desperate" almost mean to do it quick, then borrowing will always be your very good way, and your assets will always be the one that will save you, you could use them as collateral or if you want it quicker pawn them all just suffer the high interest that those pawnshops will add... 

A person who are in desperate need of money will even resort to doing illegal things because he just want to have money for emergency, when you badly need money and no one will lend you because of trust problem, I think you can really do bad things that you might regret later after the problem have solved.

[Mastsetad]

If you urgently need money tedious to sell liquid assets. If not, you should try to earn. If this does not work, then take the debt. But this is an emergency

Earning wont work in that case because if you are in desperate need of money you would probably not have enough time to work and earn that much money in that time, so the only possible way would be taking a debt, because if you haven't saved anything for your future that is the only thing you can do in an emergency.

[dunfida]

If you urgently need money tedious to sell liquid assets. If not, you should try to earn. If this does not work, then take the debt. But this is an emergency

Earning wont work in that case because if you are in desperate need of money you would probably not have enough time to work and earn that much money in that time, so the only possible way would be taking a debt, because if you haven't saved anything for your future that is the only thing you can do in an emergency.

True, in  urgent  times you would  not  have  enough time to work just to produce money since  you could not able to produce it on time and  you would surely wait for  monthly salary as others said you would really  make a debt  to someone  because its the last resort to do  when you are desperate for money.

[mark coins]

If you urgently need money tedious to sell liquid assets. If not, you should try to earn. If this does not work, then take the debt. But this is an emergency

Earning wont work in that case because if you are in desperate need of money you would probably not have enough time to work and earn that much money in that time, so the only possible way would be taking a debt, because if you haven't saved anything for your future that is the only thing you can do in an emergency.

True, in  urgent  times you would  not  have  enough time to work just to produce money since  you could not able to produce it on time and  you would surely wait for  monthly salary as others said you would really  make a debt  to someone  because its the last resort to do  when you are desperate for money.

Why to borrow money from someone if you have bitcoins with you? If I am in desperate need of money then I will sell my coins without any hesitation at any price that I see, at least its better then borrowing from someone.

[DimidoffVany]

Many people ask where you can take a lot of money for free and just. This happiness is not and never will be. it is not for fools. But if you need the money the first thing is the credit in the bank, and if scared to go to the bank, then just have to work and work again.

[Aamir1]

Many people ask where you can take a lot of money for free and just. This happiness is not and never will be. it is not for fools. But if you need the money the first thing is the credit in the bank, and if scared to go to the bank, then just have to work and work again.

It is already stated a lot of times and i would still repeat it again that if someone needs money urgently so he cannot have enough time to go and work and then earn the money and use it but he will have to borrow the money or take a loan, these are the only options for someone without savings.

[Doamader]

Usually who are desperate of money has already a bank loan eating their salarie or income they have, soo they are searching for extra sources of income to work out a solution. The problem about this is that there isnt a fast solution to handle, if family cant help, you will need to try to get a part time job, besides those investing online isnt the best solution to use the scam projects to try to get those money.

[vero]

If you urgently need money tedious to sell liquid assets. If not, you should try to earn. If this does not work, then take the debt. But this is an emergency

Working will do to earn, but since this is really looks like an emergency coz "desperate" almost mean to do it quick, then borrowing will always be your very good way, and your assets will always be the one that will save you, you could use them as collateral or if you want it quicker pawn them all just suffer the high interest that those pawnshops will add... 

A person who are in desperate need of money will even resort to doing illegal things because he just want to have money for emergency, when you badly need money and no one will lend you because of trust problem, I think you can really do bad things that you might regret later after the problem have solved.

sometimes when people desperate need of money they do not think about how to repay the loans, that's a mistakes are always made most people forget to pay and yes the problems will comes in the future.

[mmmtr]

Firstly I'll look how much I need which one is first important . After than I do not need stuff things Ill be sell and I look some jobs for earn money .

[Shiroslullaby]

If you have never been forced to resort to robbing, stealing, or selling drugs etc to make ends meet,
you should thank god that you live a decent life.
No one that is in these situations does these things because they want to. But you must do what you are forced to in order to stay alive.

[mishra1994u]

Firstly I'll look how much I need which one is first important . After than I do not need stuff things Ill be sell and I look some jobs for earn money .

Yes it depends upon the how much money we need at that time.If its small amount then probably look for 1-2 day job and work there or probably as a friend for loan.But if its a bigger amount then may be need to sell some of our stuffs.

[mmmtr]

Firstly I'll look how much I need which one is first important . After than I do not need stuff things Ill be sell and I look some jobs for earn money .

Yes it depends upon the how much money we need at that time.If its small amount then probably look for 1-2 day job and work there or probably as a friend for loan.But if its a bigger amount then may be need to sell some of our stuffs.

Yes youre right bro . But I cant want loan from my friend never they can but I cant .You know if youre strong people you can handle it thats    
situation no matter how . If you make youre plane with the right way you'll be succesful

[co5hike]

Firstly I'll look how much I need which one is first important . After than I do not need stuff things Ill be sell and I look some jobs for earn money .

Yes it depends upon the how much money we need at that time.If its small amount then probably look for 1-2 day job and work there or probably as a friend for loan.But if its a bigger amount then may be need to sell some of our stuffs.

Yeah and if I am in need to higher amount then I will prefer to sell my bitcoins and exchange it to fiat, as if we don't use bitcoin at the time of emergencies then what's the use of having them?

[Superzpay]

If you urgently need money tedious to sell liquid assets. If not, you should try to earn. If this does not work, then take the debt. But this is an emergency

Working will do to earn, but since this is really looks like an emergency coz "desperate" almost mean to do it quick, then borrowing will always be your very good way, and your assets will always be the one that will save you, you could use them as collateral or if you want it quicker pawn them all just suffer the high interest that those pawnshops will add...  

that is not bad if we get some  loan from someone like from friends or other relatives and then after earning money we will give them that money little by little. So we will fulfill our need and will slowly earn money and will finish that loan.

[stromma44]

If you urgently need money tedious to sell liquid assets. If not, you should try to earn. If this does not work, then take the debt. But this is an emergency

Working will do to earn, but since this is really looks like an emergency coz "desperate" almost mean to do it quick, then borrowing will always be your very good way, and your assets will always be the one that will save you, you could use them as collateral or if you want it quicker pawn them all just suffer the high interest that those pawnshops will add...  

that is not bad if we get some  loan from someone like from friends or other relatives and then after earning money we will give them that money little by little. So we will fulfill our need and will slowly earn money and will finish that loan.

Actually its good to borrow from your friends but it won't be great to ask for money from relatives as it may damage our image and even your reputation will be at stake and they won't respect you anymore.