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Your finances are definitely in bad shape if you are unable to put aside even a small amount of money every month. You should budget for savings just as you would any other expense. You can just count on something coming along such as an unexpected car or home repair and if you have not savings to tide you over, you may find yourself in a very bad place. Most experts say that if you have no savings, you're basically standing on the edge of a financial cliff. While you could use credit as your emergency backstop, this isn't as good as having an emergency savings fund. If you want to be financially healthy, it's important to set aside money for those unexpected emergencies as well as your retirement.
Using your home as a piggy bank
You may also be headed for a financial disaster if you're using your home equity as a financial crutch. It may be okay to take out a home equity loan if you have a serious financial need but not for a "want" such as an elaborate vacation. It's also not a good idea to use one of those loans to pay for a new automobile. It just doesn't make any sense to use a homeowner equity loan that you would be amortizing over 15 or 20 years just to pay for something you can't afford or are not willing to save for.
Finally, here’s a video with more information about dealing with debt, including why its dangerous to make only minimum payments.