Joshua Farrell
Captain Junkie
Would your family be in a good situation financially if you suddenly had lost your job? Would you and your family be able to make it for 6 months, if you can't seem to find a job in that period of time?
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Thanks for sharing this great idea of having family funds especially to save ourselves in an emergency situation. I never heard about it before. It's really a wise decision.Would your family be in a good situation financially if you suddenly had lost your job? Would you and your family be able to make it for 6 months, if you can't seem to find a job in that period of time?
Every family needs saving against any sudden happenings and emergency of life and unseen circumstances of life which is happening to avoid stress and depression family saving is key and a blessing
That is the more reason why it is always advisable for there to be an alternative to the main source of income,because the overdependence on the main source of income will be very detrimental if that source stoped coming.Actually family funds is not what someone should not rely on although it can cover up for unforeseen circumstances like loss of job, accident, and some unfavorable events. But the family should remain financially stable even if a member can't help to pool funds together.
That is the more reason why it is always advisable for there to be an alternative to the main source of income,because the overdependence on the main source of income will be very detrimental if that source stoped coming.
One thing about human nature is that once a particular source is very much inplace and adequate to take care of some very and extended needs,there will be this content about sourcing for additional source to improve on their earnings.i guess that this is why so many focus a lot on having many streams of income. This helps them to diversify things and concentrate on various different things. Having many sources of income is a must.
That is definitelly what every family that really care about their future should be doing,it will help them to rake out funds intimes of emergencies and this will help them to properlly plan their finances in other areas.Every family needs saving against any sudden happenings and emergency of life and unseen circumstances of life which is happening to avoid stress and depression family saving is key and a blessing
One thing about human nature is that once a particular source is very much inplace and adequate to take care of some very and extended needs,there will be this content about sourcing for additional source to improve on their earnings.
That is definitelly what every family that really care about their future should be doing,it will help them to rake out funds intimes of emergencies and this will help them to properlly plan their finances in other areas.
One of the thing that will make any serious business man to go far ,is his ability to seperate his business operation and activities from the expactation of family members,that way he will go a long way in his business.Well, the issue is that sometimes you may not be able to help some of your family members or relatives when it comes to helping them financially. We have many relatives who need help, but we are unable to help them due to tight budget.
That's the flex!i guess that this is why so many focus a lot on having many streams of income. This helps them to diversify things and concentrate on various different things. Having many sources of income is a must.
Sadly, I know we would face a lot of difficulties if that ever happens. It's hard enough making it to month end this month without the income we were used to getting.Would your family be in a good situation financially if you suddenly had lost your job? Would you and your family be able to make it for 6 months, if you can't seem to find a job in that period of time?
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