Reflections: Protect Your Lifestyle

FIRED.

Foreclosure

That is the word that has and will continue to ruin many lives. The recession taught all of us money lessons. One of those lessons is to make sure you have multiple revenue sources. You should never allow a stranger to have 100% control over your life. Think about it. Your boss and/or clients can put an end to you paying your mortgage/rent, car payments, and buying groceries. That is too much power for someone you barely know to lord over you.

Save, invest, consult, start a business, or get a second job. Find innovative ways to protect yourself from having your car repossessed, evictions, and foreclosures.  Preparation now will save you from heartache later.

Tip: The tax season is upon us. Instead of blowing that tax refund on something you don’t necessarily need try stowing it away for a rainy day.

 

Photo Credit: vectorolie  | Freedigitalphotos.net

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