Sentences with phrase «like unexpected job loss»

They should also set aside dollars in a liquid, interest bearing savings account for emergencies, like an unexpected job loss or medical bills (three to six months» worth of living expenses is widely recommended), and more immediate financial goals, like buying a car, purchasing a home or saving for their child's education.

Not only might this give you the money you need to face an emergency — like an unexpected job loss or medical expenses — but it also may give you the freedom to take advantage of attractive financial opportunities when they arise.

Not only might this give you the money you need to face an emergency — like an unexpected job loss or medical expenses — but it also may -LSB-...]

Take advantage of the smaller monthly minimum payment on your federal loans by using any extra cash to pay off your private loans more quickly, since if something were to happen, like unexpected job loss, you have more options available to you with your federal loans, no matter who is servicing the loan.

Not exact matches

You'll have more leeway to meet goals even in the face of unexpected problems like a market downturn, job loss or illness, said certified financial planner Evelyn Zohlen, president of Inspired Financial in Huntington Beach, California.

It's not about saving yourself to millionaire status; it's about having moment - of - the - opportunity cash, as Mark Cuban calls it, to invest in your dreams or avoid a temporary crisis like a job loss or other major unexpected expenses.

Plan on the worst - case scenarios, like a job loss or unexpected medical expenses, and put more money into your emergency fund.

But if unexpected events like a divorce or job loss derailed your finances after years of pristine money management, maybe you can handle a credit card again.

IDR plans aren't an option for private student loans, so forbearance can be a useful remedy for borrowers experiencing unexpected hardships like the loss of a job.

The bankruptcy laws were written to give people a fresh start, especially those whose financial troubles were not the result of careless spending, but something unexpected like loss of a job, a divorce, or a catastrophic illness resulting in massive medical bills.

An emergency fund is an account set aside for unexpected occurrences like a job loss, health issue or other major expense.

But you might be forced to refinance or sell your home before you break even on your points if you face an unexpected life challenge like divorce, death of a spouse, disability or a job loss or transfer.

Some of the key savings plan you should consider is to have an emergency savings fund that can help you cater for emergencies like a job loss, an illness or any other unexpected occurrence.

But if unexpected events like a divorce or job loss derailed your finances after years of pristine money management, maybe you can handle a credit card again.

Bankruptcy is a workable solution for debt problems when you run into a crippling financial situation like job loss, unexpected medical bills or unpredictable changes in real estate or stock market investments.

A carefully considered investment plan can grow your wealth much faster than saving alone, but maintaining some of your money in savings limits your exposure to sudden downturns in the market and also provides a ready reserve for personal emergencies like job loss and unexpected medical bills.

Do you have a plan to deal with unexpected emergencies such as job loss or illness, or infrequent but foreseeable expenses like home or car repairs?

Was it a sudden, unexpected event like a job loss, medical problem, or separation?

Indeed, nothing can send you into a financial tailspin quite like unexpected expenses or job loss.

Traveling families and seniors on a budget who can't afford to lose all their non-refundable trip costs in the event of an unexpected emergency like an illness, a car crash, or a job loss.