Coping with unexpected expenses?

[Heatman]

When it comes to getting an unexpected expenses to take care of, it's very common for anyone who's responsible for paying his or her bills.

This is why having an emergency funds saved and set aside in case such unexpected expenses pops up from nowhere.

How do you cope with unexpected expenses?

 

[Shawn]

I'm dealing with that now.

My dad passed away and apparently didn't have life insurance. So, I got stuck with that bill. $3,000 just for cremation.

Now I have to hire a lawyer to get into his estate because he didn't have a will. $3,000 to $5,000 retainer fee.

On top of grief, I get to get myself into debt along with it.

 

[1stop]

That can be very tough on you. I have been there too. Unexpensed expenses can be very challenging especially when they surface during emotional times.