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5 Organizations You Can Turn To During A Financial Disaster

First Posted: 06/20/11 12:42 PM ET   Updated: 08/20/11 06:12 AM ET

If your car broke down tomorrow, would you be able to scrounge together enough cash to pay for repairs and cover this month's utilities?

If this makes your palms sweaty, you're not alone. HuffPost Business recently reported on a Brookings Institute study, "Financially Fragile Households: Evidence and Implications," that revealed almost half of all American families would not be able to come up with $2,000 in 30 days. The amount of money and month-long time frame were used to reflect unexpected fees, such as car repairs, large co-payments, or medical expenses.

While some respondents say they'd have to pawn possessions, take payday loan or dive into their savings accounts in order to cover costs, fortunately there are some organizations out there that can help you out in times of emergency.

GiveForward
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GiveForward enables people around the world to provide financial support to patients in medical crisis. Its website allows you to create a free fundraiser page in order tell the story of a loved one who may need help covering hospital fees. You can write a description, upload photos, embed videos, and promote your pages through email and social networking sites.
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If your car broke down tomorrow, would you be able to scrounge together enough cash to pay for repairs and cover this month's utilities? If this makes your palms sweaty, you're not alone. HuffPost B...
If your car broke down tomorrow, would you be able to scrounge together enough cash to pay for repairs and cover this month's utilities? If this makes your palms sweaty, you're not alone. HuffPost B...
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HUFFPOST SUPER USER
jsgaetano
Semper Fidelis Tyrannosaurus!
04:56 PM on 07/09/2011
And don't forget all the great work the folks at Planned Parenthood do for Americans and their families.
01:42 PM on 07/08/2011
This study is a little late!
11:15 AM on 06/27/2011
We are the richest nation on the planet.

Yea, right.

So long as the parasites and traitors n power can make profits at the cost of the people the problems these great people have to face only become bigger.
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Scholastica8
PEOPLE MATTER!
11:28 AM on 06/21/2011
Of course such organizations as are listed here will be the very things that the Economy Decimators and Political Demagogues will point to and say, "See! This is how things should work! People working for themselves and People helping people."

What they don't get is that their actions have created the need. They don't get that some problems, such as clean up from huge natural disasters are like wars, too big to be handled by individual organizations.
Star2000dancer
Pay it forward, the movie..
09:13 PM on 07/05/2011
they get it, they want it that way.
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HUFFPOST COMMUNITY MODERATOR
Quinxy von Besiex
My micro-bio is empty. :(
03:38 AM on 06/21/2011
Back in 2003 The New York Times pblished a letter signed by 450 economists, including 10 Nobel Prize Laureates, opposing the proposed Bush Tax Cuts. It ended with:

"Passing these tax cuts will worsen the long-term budget outlook, adding to the nation's projected chronic deficits. This fiscal deterioration will reduce the capacity of the government to finance Social Security and Medicare benefits as well as investments in schools, health, infrastructure, and basic research. Moreover, the proposed tax cuts will generate further inequalities in after-tax income.

"To be effective, a stimulus plan should rely on immediate but temporary spending and tax measures to expand demand, and it should also rely on immediate but temporary incentives for investment. Such a stimulus plan would supr growth and jobs in the short term without exacerbating the long-term budget outlook."

Kinda makes you wonder how we'd be doing today if Bush had listened?
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Scholastica8
PEOPLE MATTER!
11:19 AM on 06/21/2011
The above mentioned economists missed the point. As Pres. Clinton once said, "It's the economy, stupid," but when he said that he was speaking politically.

The Right is not interested in economic recovery of anywhere. It does not want to see a collapse of Wall Street or its equivalents around the world, but Wall Street is now separated from Main Street. They move in different realms.

No, this is entirely political ideology. They wanted to spend the government into the ground and make it impossible for it to function in any way as a social safety net or as a regulator of health, food, environment, or labor protections. It is a "You're on your own" Belief system. "What's yours is mine and what's mine's my own."

They also see their way to complete power in completely blocking any effective measure taken by this President. If he moves toward them and agrees or even uses their own ideas, they'll deny it and move to a more extreme position.

They see high unemployment and a disastrous economy as a way to regain the White House.
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HUFFPOST SUPER USER
jsgaetano
Semper Fidelis Tyrannosaurus!
04:58 PM on 07/09/2011
This is why I'll never forgive Gore for allowing George Dubai Bush to usurp the presidency.
04:57 PM on 06/20/2011
Really interesting article...haven't heard of most of these organizations so far and have to say some of them are pretty awesome. I also recently came across this ark.com thing and I'm wondering if it's genuine...Has anyone heard of it?
03:03 PM on 06/20/2011
Turn to yourself.
HUFFPOST SUPER USER
gemini68
04:02 PM on 06/20/2011
I'm appalled, but sadly not surprised by all of the insensitive comments on this page.
04:02 PM on 06/20/2011
Show me a person who claims to be "self made" or claims to have "pulled himself up by his own bootstraps" and I'll show you someone so weak hearted they can't give credit to all the folks who've provided a helping hand to them in life.
HUFFPOST SUPER USER
WilmaJune
07:31 PM on 06/22/2011
I know many "self made" men and women. Apparently, you do not know many people. When you start out with a wood burning stove in the kitchen, a pot belly stove in the living room, a well out front and an outhouse out back, it takes hard work to have a good living. When all the relatives are in that situation, no one is in a position to help.
Star2000dancer
Pay it forward, the movie..
09:15 PM on 07/05/2011
Fanned comment. Like they think they cut their own navel cord.
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BILLHICKSPINNING
It's just a ride.
02:23 PM on 06/20/2011
In a financial crisis I'm robbing a bank.

Either way it goes I'm set for life...................
02:20 PM on 06/20/2011
They had me until they said, "dive into a savings account" for the money. Isn't that where we keep emergency cash?
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HUFFPOST COMMUNITY MODERATOR
Quinxy von Besiex
My micro-bio is empty. :(
03:37 AM on 06/21/2011
Fanned and faved.
HUFFPOST SUPER USER
HappyExPat2011
Living American Dream in NL
01:37 PM on 06/20/2011
Practice putting head between legs and kissing yourass goodbye.
01:32 PM on 06/20/2011
What about the gubment HP??!!
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HUFFPOST SUPER USER
OleProfessor
"Ours is not a system based upon trust"
01:24 PM on 06/20/2011
Who we should have turned to after this criminal disaster was John Stuart Mill..not Larry Summers..!