We all know it: no money, no fun. And the cry for help "money worries, who can help?" quickly goes out, but nobody will fight to answer it, let alone line up. Some don't want to, others can't. And as the saying goes, friendship ends where money begins. If possible, plan ahead, save, and take the wind out of your debts' sails.

Money worries: who can help, and how do you go about it?

Money worries are sometimes written all over your face, and very often you're under time pressure. Whether it's loans, general debt or installment payments, the burden is heavy. How do you get your hands on the cash, and how do you make that mountain of debt melt away again? The easiest way is to move on to Plan B, since Plan A obviously didn't work. At the start, we usually hit up family and close friends.

When it comes to money worries and who can help, a few approaches come up, and they look like this and can be worked through one by one:

  • Online platforms are an option
  • Consolidate your loans
  • Have an open conversation with your bank
  • Look for a co-signer
  • If all else fails, play the lottery (good luck)
  • If you don't have an overdraft facility, set one up
  • Take a temporary side job

But as always, the best approach is not to get into debt in the first place. That keeps the risk to your livelihood low and doesn't ruin your health. And your health is exactly what suffers when you wonder who can help with money worries. Your income should therefore always be sacred and not fall victim to "just for fun" spending.

Money worries, who can help? Insurance isn't a bad idea either

Even in our youth, our parents plan ahead with education and life insurance. A life insurance policy can either be borrowed against or, if necessary, cancelled. That gets you through for the moment. It's certainly not what it was designed for, but it beats asking everyone you know for money. And the good old piggy bank is far from obsolete. If you save even a little, you've made some provision. Small things that still have a big effect. It's no coincidence that they say those who save pay off debt, or never take on any in the first place. And when you're asking who can help with money worries, they're the tool of choice.

Money worries, who can help

Money worries, who can help? Set aside an emergency fund

Grandma and Grandpa set the example and saved all their lives. Today we can learn from that tradition. When you're asking who can help with money worries, the internet becomes interesting too. Swap experiences, find a way forward, and please don't feed the loan sharks. It's better to start saving for retirement early, so you don't end up sleeping on a bench in a crisis. How you'll cope otherwise is anyone's guess. Fast money isn't easy to come by, and when time pressure is added, good advice is hard to find. So act with care and don't gamble on casino games, unless you're a pro and know what you're doing.