Читать книгу Horse Economics - Catherine E O'Brien - Страница 21

Brett Alexander Zwerdling, a partner in the firm of Zwerdling and Oppleman in Richmond, Virginia, specializes in bankruptcy. When asked how people end up in bankruptcy, he replies, “It is not so much because of what people do or don’t do, it is a matter of circumstance.”

You can’t always control the circumstances that can leave you vulnerable: these may include becoming unemployed, suffering a disability, or losing a spouse and corresponding income. Other factors, such as inflation and economic problems—both within the United States and globally—can have a profound impact on your financial situation. There are tools you can use to guard against financial upset, however. The most common are:

Safety nets

Budgeting and cash flow management

Debt management

Credit management

Organizing your information

Insurance

In the pages that follow, I will illustrate how you can learn to use all of these.