Debt Management Teaches the Value of Saving for Emergency
January 4th, 2010
My mom used to tell me that I needed to pay attention to where my money was going because someday it would be gone. She was so right, but I never really believed her. I thought that as long as I worked a decent job, I would be able to get whatever I wanted, whenever I wanted. If I didn’t have the cash at the moment, I was sure I would have it in the next paycheck. I never expected to lose my job and be out of work for three months. A debt management plan is helping me to realize that I should have been putting some money away for unexpected things. This is a tough lesson, but a good one to learn.
Entry Filed under: Business