Wednesday, October 15, 2008

A Round Up of Interesting/Useful Information

It's been a busy day, actually a busy week. Here's a hodgepodeg of useful/interesting info:
  • The Chinese word for "crisis" is made up of two characters--one represents 'danger' and the other represents 'opportunity'. Consider this when looking at the current economic situation.
  • The results of last week's poll: The question was if you had to evacuate, where would you go? The results--none would go to a hotel, 9 would go to a friend or relative's home, 2 would stay in their car/boat/RV/campground, and 7 would go to their pre-prepared bug out shelter.
  • The news is all about money so that's what our question is about...take this week's poll >>>>
  • Tough times can push people over the edge, whether because it exacerbates problems with depression, a person mistakenly thinks that if they die their family will get their life insurance, or people are just overwhelmed with life. If you or someone you know have got to this point, I strongly suggest calling 1-800-273-8255 which is the number to the Suicide Hotline. Financial problems and social problems are temporary. Death is permanent.
  • For small business owners...78 Ways for Your Small Business to Save Money in This Economy


  1. "a person mistakenly thinks that if they die their family will get their life insurance"

    What do you mean, mistakenly?

  2. Sometimes when people are in desperate financial straits, they think that if they kill themselves and make their death look like an accident, their family will get their insurance and all of the family's financial problems will be solved. Life insurance does not pay out when someone commits suicide so my point was, all around, suicide is a bad idea for whatever the reason.

  3. If there is one thing I have learned, and learned the hard way these last (almost) 50-years is this: "this too shall pass".

  4. Thank you, CNI. I had misinterpreted what you wrote. About suicide and insurance, though, I think many insurance companies have a suicide clause in their policies, and basically after a set number of years (I think it's usually 2), they will pay, even for suicide. A friend of mine who committed suicide left a lot of money in insurance to his wife and kids, simply by taking advantage of the suicide clause (disturbingly, he'd apparently been planning his suicide for quite some time).