Unexpected expenses can put a damper on your budgeting plan. Learn what options you have for covering these expenses in this video from Regions.

1. How to Pay for
Unplanned Expenses

2. You never know when
life might throw a
wrench in your plans.

3. So, you need to plan now to
pay for rainy day expenses.
Here are three options.

4. Option 1:
Find a way to earn more money.

5. Pro: Temporarily boost income
to pay off the expense and pad
emergency fund
Con: Less time to spend with
loved ones or look for
permanent work

6. Option 2:
Tap into emergency savings.

7. Pro: Access to cash
Con: Loss of safety net

8. Option 3:
Contact creditors before your
payment due date to request a
deferment, which extends your
payment deadline.

9. Pro: More time to earn money
and make minimum payments
Con: May not earn enough in
time to cover unexpected costs

10. Once you’ve paid off your
unplanned bills, replenish your
emergency fund so you’ll be
prepared for future curveballs.

11. To learn more about managing
your money, visit Regions.com.
This information is general in nature and is provided for educational purposes only. Regions makes no
representations as to the accuracy, completeness, timeliness, suitability, or validity of any information presented.
Information provided should not be relied on or interpreted as accounting, financial planning, investment, legal,
or tax advice. Regions encourages you to consult a professional for advice applicable to your specific situation.