2. An
Emergency Fund: Your First Line Of Defense
http://www.nukanweb.com/articles/fin/f0604.htm
-----------------------------------------------------------------------
Downsizing, rightsizing,
forced retirement, layoffs, firings, outsourcing, and being
made redundant. All could mean the same thing to you: financial
catastrophe.
No, you may not
have to declare bankruptcy or move back in with your parents,
but losing your job could put a big dent in your financial
goals and even set you back several years. You may need to
live on your savings or liquidate some of your investments.
If you have no
savings or investments you may have to rely on credit cards
and could rack up significant credit card debt. Then when
you find a new job, your expenses may have increased because
of the additional credit card payments.
And the job you
eventually find may not pay as much as the one you lost. So
you are now forced to live on less while your expenses have
either continued at the same level or even gone up.
Studies show that
the average worker will have six career changes in his or
her lifetime. Not just job changes, but career changes. So
how can you prepare for your own financial "downtime"?
An emergency fund.
An emergency fund
is really just savings. But it is not savings for a particular
item or even an investment for your future or your retirement.
It is your "rainy-day" fund. But unlike insurance where once
you pay your premium, the money is out of your hands, your
emergency fund is yours to keep.
Read
the full article here
<http://www.nukanweb.com/articles/fin/f0604.htm>
##########################################################
Sponsorship Ad
Rated as the #1 FASTEST GROWING BUSINESS SERVICE FRANCHISE,
and the 4th FASTEST GROWING FRANCHISE IN THE WORLD. WSI has
established over 700 Independent Franchise Owners in 87
countries worldwide. No business experience required.
Complete training and support. Home or officed based. Proven
system.
For more information,
please go to:
<http://www.nukanweb.com/af/wsi.htm>
##########################################################
3. Classified
Section
Whatever you can dream - you can achieve! And now, there's
an online system to help you achieve it!
Check it out at: My
Goal Mapping - visual Goal Setting system
FREE WebPosition Gold Software: Invaluable tool to save you
time and to help build traffic to your web site. WebPosition
Gold reports your site's search positions and then helps you
improve them. http://www.nukanweb.com/af/webposition.htm
There's
an e-biz in your attic! Selling through Net auctions is the
dream home-based business, and you already have what it takes
to get into it. And here, the sky really is the limit. Click
below for more. http://www.nukanweb.com/af/sitesell.htm
##########################################################
4. Download
of the month- "When
Daddy Owns the Company" by Kenneth Copeland
##########################################################
If you have a tip, review or
article that you would like to share with the Christian Entrepreneur/Investors'
community, please see our writers' guide http://www.nukanweb.com/writersguide.htm.
Your contributions will be acknowledged and appreciated.
---------------------------------------------------------------------------------------------------
If this newsletter has been helpful to you, I encourage you
to forward it to other Christians, friends and business associates.
Help us to build Christian Business & Finance Community!
If this newsletter has been
forwarded to you, and you wish to subscribe to this newsletter,
http://www.nukanweb.com/newsletter.htm
Thank you for being a subscriber of Christian Business & Finance.
God Bless You.
------------------------------------------------------------------------
To see articles
in the past issues, please click
here.
