By Trent Hamm
I receive many emails each day from people who have had some kind of financial crisis. Most of these stories have a great many factors in common with each other, although the specifics can vary wildly. Here are some of the specific elements many of the stories share.
Something unexpected happened. Life was going along seemingly well until something happened. A job loss. An illness. A pay cut. A credit card cancellation. A car failure. Something triggers a big financial downturn.
You were operating without some type of financial safety net. The person in question often isn’t prepared for this unexpected financial downturn. They don’t have the resources on hand to deal with it.
Things you thought you could rely on weren’t as reliable as you... More...
