CCC041: Life Happens

Life Happens

Life happens to all of us. Two weeks ago I attend a funeral for my wife’s grandfather. This week, I became a grandfather. It can all happen fast.

Many people live their lives as though nothing in their life was going to change. They have an expectation of perfection in their lives that just doesn’t exist. A major life event will happen to all of us at some point in the future. Will it be in the next six months or 10 years. I don’t know and neither do you. That is why it is so important for you to be prepared.

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Live on less than you make. Make sure you are putting money away for the future and not spending your future earnings on things you buy today. Prepare yourself for the future. You can’t be prepared for everything, but to be prepared for nothing is asking for trouble.

If you don’t have an emergency fund, you will turn to credit cards, family and friends, and if those run out to pay day or title loan companies. This is happening to far too many people. Thousands lose their cars due to these types of loans. They don’t pay attention to the fact that they are being charged somewhere in the neighborhood of 400% interest. The average loan of $941 has interest of $2142. Shocking!

Don’t be one of these unfortunate souls. Plan for the future, because life happens.


Steve Stewart – What happens when my debit card is stolen:

USA Today – What paying with plastic says about you:

Texas Tribune – Thousands Lose Cars Amid Calls for Loan Restrictions:

Center for Responsible Lending – Driven to Disaster: Car-Title Lending and Its Impact on Consumers:


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  • C’mon James, we know you pulled the old ‘Do you know who I am’ at Joe’s to get the free food.


  • Agreed things happen in life, and if you are not fully prepared with an emergency fund you can take on bad debt.