How to deal with an unexpected expense?


How do you deal with unforeseen expenses without dipping into your savings or having recourse to an overdraft? 461307521/Andrii Zastrozhnov – stock.adobe.com

OUR ADVICES – At any time, an event may occur which causes significant expenses likely to strain its budget. To avoid dipping into your savings, there are solutions.

Urgent work, the purchase of a less polluting vehicle, skyrocketing energy bills… At any time, an event can occur that causes significant costs that could put a strain on your budget, which is already under pressure due to inflation. To cope, some draw on their precautionary savings. Others have no choice but to resort to expensive bank overdrafts. But there are also other solutions for settling exceptional expenses.

1 – Is it possible to negotiate your debt?

Yes, it is entirely possible. “Faced with an unexpected load, some tend to postpone the problem until later. Conversely, you have to react quickly and contact your creditor, because it is often possible to discuss and stagger your debt.explains Pauline Dujardin, lawyer at the Crésus association which supports households in financial difficulty.

For example, it is possible, under certain conditions, to negotiate a deadline with the tax authorities to settle…

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