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Personal Finance Thread About, Readers' Tips for Financial Renewal, Part 1


Readers' Tips for Financial Renewal, Part 1: Ideas for Smart Saving By Bruce Watson (DailyFinance) 04:46:33PM (ET) Tuesday,January 31,2012. A ...
 
 
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Old 01-31-2012, 01:46 PM   #1
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Default Readers' Tips for Financial Renewal, Part 1

Readers' Tips for Financial Renewal, Part 1: Ideas for Smart Saving
By Bruce Watson
(DailyFinance)



04:46:33PM (ET) Tuesday,January 31,2012.

A few weeks ago, we asked DailyFinance readers for their best tips for putting your financial house in order. Many were quick to note that the foundation of financial security lies in being ready when disaster hits. With that in mind, here are some of their best suggestions for planning ahead for rainy days -- and making sure your umbrella is big enough.

In 2008, more than 2.6 million people lost their jobs. Some were prepared, but many found themselves raiding savings accounts, selling possessions, and moving out of their dream homes in desperate attempts to get their finances on a firmer footing. As "Frank S." noted, much of that frantic effort could have been avoided with better planning. "Save up to six months in the event you get laid off," he suggests...

Readers' Tips for Financial Renewal, Part 1: Ideas for Smart Saving - DailyFinance

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Interesting...
When part 2 becomes available I will post...
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