financial disaster

 

What We Can Learn from the Housing Crisis

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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How to Stop Living Paycheck to Paycheck

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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Should You Have an Emergency Charity Fund?

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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