Sentences with phrase «financial disaster»

"Financial disaster" refers to a situation where someone or an organization faces extreme financial problems or losses. It means they are in a state of severe financial distress or bankruptcy, often leading to serious negative consequences for them. Full definition
And it could spell financial disaster for some of these borrowers because they could lose their homes to foreclosure.
For many this is a great way to protect a family from financial disaster in case the unexpected should occur because the premiums on term will not put a huge dent in the budget.
While the debt can be paid off through careful budgeting and hard work, this situation puts couples at greater risk of financial disaster if one partner dies unexpectedly.
Having an insurance policy tailored to your needs will ensure that you're protected against financial disaster in case of an accident.
Term life insurance would ensure your loved one would be safe from financial disaster if you died unexpectedly.
The good news, however, is that with a little preparation and planning, most people are able to avoid financial disaster.
Sure, I have been dragged further and further into financial disaster.
Taking out loans for the sake of sheer consumption will only spell financial disaster later on.
Most states require you to carry insurance, and without it, you face financial disaster if you cause a serious accident and get sued.
Building up a reserve equal to six months of income can help guard against financial disaster if the unexpected happens.
Taking out a term life insurance policy for the value of the student loan may be a smart way to prevent financial disaster should the worst case scenario happen.
Even if you own your car outright, this coverage is a good way to protect yourself from potential financial disaster.
Proper car insurance liability coverage can be the difference between having and not having a major financial disaster when bad luck strikes.
For as little as $ 10 per month you can insure your contents and your family from financial disaster down the road.
My biggest financial disaster by percentage was a penny stock I invested in while in college.
Knowing how to start an emergency fund can save you from an unexpected financial disaster down the road.
We preferred yesterday's price, but that's still not a complete financial disaster.
No, such financial disasters are typically the result of things that happened way beyond the borrower's control.
I love the concept of protecting families from financial disaster through good life insurance.
The modern - day credit card — which entered the scene in the late 1950s — has meant financial disaster for many individuals and families.
While not having those policies does save you money in the short run, it can set you or your family up for a certified financial disaster anytime in the future.
Unfortunately, this could put them on the fast track toward financial disaster during retirement.
There's nothing, so it seems, like a global financial disaster for bringing people together.
When financial disaster strikes, we need help which is why we have laws such as the statute of limitations, bankruptcy, and other debt and credit protection laws.
Combine this with apps that are designed to offer quick and easy purchases and you may well have a recipe for personal financial disaster.
Your home may be your castle, but holding on to a home you can not afford for sentimental reasons is a recipe for future financial disaster.
But consider those that try to warn about financial disasters — they do not get listened to until it is too late.
Many people are also only a few months away from total financial disaster.
Not buying an annuity is the main financial disaster that you can easily choose whether or not to avoid.
By not having you and your property insured, you are at great risk of setting yourself up for a significant financial disaster.
I stumbled to the brink of financial disaster while starting my own business and learned how to better manage cash flow and cash reserves.
At one point in my company's history, we were heading towards financial disaster.
Loss of a Job, spouse or death can bring financial disaster.
But I do think they have sense enough to recognize approaching financial disaster, and have learned how to keep it at arms length.
If you have any recent financial disasters — say a foreclosure or bankruptcy — they will show up in the public records section of your credit report.
I knew that $ 1,000 is not enough to deal with most financial disasters, so I wanted to continue to grow my fund.
Just know that this money is there to get you through some of the toughest financial disasters of your life.
This credit score can show whether consumers have paid their bills on time or suffered any serious financial disasters, such as a bankruptcy or foreclosure.
If you've planned carefully for retirement and avoided any major financial disasters in your working years, you shouldn't need life insurance when you're older.
This insurance protects you from financial disaster stemming from an incident that occurs on your property.
If you are facing financial disaster, learn how to sell your house quickly!
Having an emergency cash buffer in place is a must if you want to safeguard yourself against potential financial disaster.
For many people, the loss of even one paycheck spells financial disaster.
As an individual, not only would suing make no financial sense, but it would be financial disaster for almost anyone who tries.
I do believe, however, that all investors should allocate some of their liquid funds to precious metals (usually 5 — 10 %) as insurance against financial disaster.
I'm afraid we may be heading into a bigger financial disaster than the housing crisis.
There you go, financial disaster in 12 easy steps.
Term life insurance would ensure your loved one would be safe from financial disaster if you died unexpectedly.
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