Wednesday, December 12, 2018

Some Financial Doom and Gloom News

First thing this morning I saw that Japan picked the kanji for 'disaster' to represent the year of 2018.  It does seem to have been a pretty meh year.  Next up on my news feed were articles about Trump shutting down the government in a couple weeks.  And to top it off there were several articles about a coming recession in 2020 (here, here, and here).

Needless to say it shouldn't take an economic crisis to get people in the mood to pay down debt and build up savings but then again, judging by the evening news just before a hurricane is set to strike, it often does take a disaster to make people think that gee, next time they should be better prepared.

So today's warning is to pay off debt as quickly as possible, don't fall for sub-prime lending of any sort, and get your financial ducks in a row.

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