financial disaster
August 12th, 2008 — , Financial Security, Income Streams, Investing, Job, Retirement, bet, budget, diversification, emotion, financial disaster, financial disasters, investments, life and death, love, money, mortgage payment, overspending, paycheck, personal finance, reliance, right management, risk, sports stars, subprime, taking a closer look from Rich Leverage @ Rich Credit Debt Loan
The housing crisis has a lot of people taking a closer look at their finances and worrying about whether they too may be at risk for losing their home. There are a lot of great lessons that can be learned from this crisis, and they can be applied to all areas of your finances. Let’s [...]
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Continue reading → What We Can Learn from the Housing Crisis
July 23rd, 2008 — , Dividends, Income Streams, chunk, diversification, financial disaster, households, initial investment, interest payments, investments, leverage, money roll, passive income, paycheck to paycheck, personal finance, population, reliance, risk, second choice, second job, side business, spartan, streams of income, temptation from Rich Leverage @ Rich Credit Debt Loan
Right now, more than 80% of households in the United States live on a paycheck to paycheck basis. This means that a lost job could result in financial disaster for a large chunk of the population. Once you get into the trap of relying so heavily on one paycheck, it can be pretty hard to [...]
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Continue reading → How to Stop Living Paycheck to Paycheck
June 19th, 2008 — , Insurance, american cancer society, charitable contributions, charitable efforts, charities, charity fund, emergency fund, financial disaster, hurricanes, natural disasters, stanford commencement speech, tornadoes, wild fires from Lazy Man @ Lazy Man and Money
It’s no secret that one of my favorite blogs is Get Rich Slowly. Yesterday there was an article about how to coping with financial disaster. (My short answer see #14 of 16 Thoughts on Oprah’s Stanford Commencement Speech… Grieve properly, attend to the situation at hand, and get back to what was important before the crisis.)
With more and more natural disasters striking the United States, it occurred to me… should I have an emergency fund to donate to charity? I typically focus my charitable efforts on one effort… the American Cancer Society… in honor of my dad. [...]
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Continue reading → Should You Have an Emergency Charity Fund?