Tag Archive | "types of savings plans"

Faulty Perceptions That Lead To Financial Disaster

Posted on 21 September 2009. Tags: , ,

Are you bankrupt at the moment? Have you suffered huge money losses? If I ask these questions in the present times, you’ll obviously point to the recession as the culprit. Agreed; recession did have a huge impact on bringing many of us out onto the streets ,but you should know that many a time we ourselves are responsible for the plight in which we are now. My friend Joe had a good job with a software company before recession. He sailed through every month smoothly as he spent his entire salary on living life without saving even a dollar. Recession came and he went jobless. He and his family are starving. Who’s to blame for this? You ask Joe and pat comes his reply “recession, its not me!” Tell me friends, do you agree with Joe? You’d better check some faulty perceptions so that [...]

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