Financial Steps To Take After Loss
Losses toss us sideways in so many ways. Loss of a spouse, job, home, decisions crowd our minds and often confuse us. These 6 steps can help you organize and prioritize.
Spending Habits
Spending habits are hard to break. Change happens and old habits no longer work. We may say we don’t want debt, but what do we do about it?
Hit The Pause Button!
Are you in the middle of transitions that rock your bank account and your sense of security? Here’s important advice. Don’t . . .
Job Loss
Job loss is common, unwelcome, and requires that we change our spending patterns. But there are a few solid . . .
Biblical Wisdom
Sound financial decisions require common sense and wisdom. Where do we get that?
Vetting Professionals
Getting wise advice is a theme in the book of Proverbs. Important in all of life, it’s vital for managing our money.
Finding Support
When starting over financially, you likely need to get expert advice, but how do you vet an expert? Especially if you do not know the field of finances?
No Rush
When we face a financial mess or crisis, a natural reaction is to want to fix the problem immediately. We may even be tempted to take out a loan or credit card to absorb old debt, or a home equity line or refinance a mortgage to absorb that debt. BUT . . .
Finding Resources
When your money situation changes, shrinks, or grows, you may quickly find that you need support and resources. After all, we don’t know what we don’t know. Take time to research and find people and resources you will rely on. How have others ranked these resources?
Perspective
When our financial reality is shaking and we realize things must change, it’s good to step back and get a bit of perspective.