The repayment is due and your account is tight

Simplified example

The payment calendar shows a loan repayment of €600 due tomorrow. Your account holds €350, your portfolio €4,000 in shares.

What do you do?

Choose a decision to see its consequences. You can look at every option; there is no time limit and no one right answer.

A. Sell €300 of shares

Right away: The repayment is covered and about €3,700 stays in the portfolio.

Possible later: Whether it was a good time to sell only shows later.

B. Switch your living standard to frugal

Right away: That helps with upcoming expenses, but it does not cover tomorrow's repayment on its own.

Possible later: In the long run, more of your wage is left over.

C. Do nothing

Right away: The repayment stays open and the bank sends a reminder.

Possible later: Open arrears affect your payment history.