The economic crisis is coming, and I am most afraid of having no money. What is even more frightening than the worst is that I obviously have a lot of movable property, real estate and various financial securities, but I just don't know how to change them into cash to solve the liquidity problem. How can we make the assets in our hands not lack liquidity and can be converted into cash at any time? Text/Li Ruiqiao uses "credit assets" and sometimes needs a sum of money because of something. Although the amount is not large, he will not be able to get it for a while, and it will take some time to wait for his own funds to arrive. Of course, it's a good idea to borrow money from others, but if you borrow tens of thousands, you may sometimes be unable to say it. What shall we do? Now you can consider your "credit assets". Credit card is one of the most common credit assets. In addition to the consumption function, credit cards also have a withdrawal amount, which is generally lower than the credit amount (that is, the consumption amount), but in terms of "emergency", it may just meet the demand. Ms. Wang happened to have a holiday to travel abroad at the beginning of the month, but she only had tens of thousands of cash in her hand. After buying a return ticket, there may be little left, and her own funds will not arrive until the end of the month. If you wait until the end of the month, the holiday may be ruined because there are too many things at the end of the month. At this time, if Ms. Wang has a credit card, don't worry at all, such as Sunshine Credit Card. Because Ms. Wang Can bought a plane ticket with Sunshine Credit Card, but she didn't use her cash. When traveling abroad, Ms. Wang Can used Sunshine Credit Card to spend money. If she needs to use local currency, she can also withdraw local currency from ATM machines or bank counters marked with "VISA". These expenses don't need to be pre-stored, so the money in hand can be converted into foreign exchange for emergency use. In addition to credit cards, you can also consider using personal credit loans. Personal credit loan refers to a one-time loan business that is issued to borrowers without guarantee according to their credit status. The borrower makes a one-time withdrawal and repays the loan principal and interest to the loan bank according to the agreed time limit and method. This unsecured loan is mainly to solve some urgent financial needs for individuals, including decoration, education, tourism, wedding, purchase of durable consumer goods, medical care, tax payment, education expenses and so on. Let the assets "live". Time deposits, government bonds, etc. At home, it is usually shelved and ignored. However, once you are in a hurry to use money, you don't know how to deal with it. Let's withdraw it in advance, because the lost interest is not worth the loss. For example, in 2006, the original interest rate of three-year government bonds was 3.39%. If you redeem it in advance now, "the annual interest for two years is less than three years. In fact, there is no need to redeem in advance. If you only need short-term financing, you can consider making pledge loans through banks to obtain funds. At present, you can apply for personal pledge loan with valuable documents in China Everbright, and there is no maximum loan limit. In fact, if you have a policy, you can also get a short-term loan as a policy pledge through a bank or insurance company. However, not all policies can be guaranteed. Generally speaking, only policies with cash value can get loans, such as savings life insurance, dividend insurance, old-age insurance (policy pledge loans cannot be obtained after the start of pension collection), annuity insurance and other life insurance. Pawnshops are also good financing channels, and the procedures are relatively simple, ranging from several million to several tens of yuan. And all kinds of assets can be pawned, such as real estate, cars, stocks, bank certificates of deposit, gold and silver ornaments, home appliances and so on. However, the pawn cost is somewhat high, and it is only suitable for small and short-term financing. If the amount is quite large or it is a long-term loan, it is not worthwhile to pawn it. When you need to use a lot of money to revitalize your property, but you can't get it at present, you may wish to consider revitalizing your own property. To revitalize the real estate, you can choose a personal housing mortgage loan and apply for a loan in the bank with your own house as collateral. At present, many banks have this kind of business, and some can also make secondary mortgages. The maximum loan amount can reach 70% of the purchased housing price, the term is generally within 30 years, and the interest rate is the same as the individual housing loan interest rate. As a director of the company, equity liquidation holds a large number of shares in the company, but now it is optimistic about another project and wants to re-establish the company to operate this new project. There is little demand for funds in the initial stage of new projects, but the amount of liquidity in the later stage is particularly large. What should I do at this time? There are two options: one is to choose equity pledge financing; Another option is to sell the shares through the property rights exchange or auction house. The equity here can be the equity of non-listed companies, restricted shares of listed companies or tradable shares of listed companies. In the capital market, equity pledge financing is not a new financing method, which is different from other mortgage loans. The collateral of the equity pledge loan is the company equity held by the financier. In 2008, there were more than 600 equity pledges of listed companies alone, and the scale was "quite hot". However, equity pledge financing needs to pay relatively high interest, and the financing amount is only 30% to 50% of the market value (listed companies), rather than listed companies taking equity pledge, and its amount is affected by many factors such as company assets, liabilities, financial accounting data over the years, etc. Of course, if you don't want to continue holding the company's shares, you can sell them through the property rights exchange or auction house to obtain funds. Insert: Pawning costs are a bit high, and it is only suitable for small and short-term financing. If the amount is quite large or the loan is long-term, pawning is somewhat uneconomical.