Sentences with phrase «sudden loss of a job»

The sudden loss of a job or the collapse of a personal business could result in a near total loss of income.

Not exact matches

It is also a good idea to have an emergency fund in case of a sudden job loss due to an accident or another unfortunate event.
You might remember I was laid off the beginning of the year, thrust out of my part - time dream job and into the cold, harsh reality of sudden SAHM life as I dealt with the loss of my professional identity and income.
Economically, the removal of tariffs on manufacturing and agricultural goods would have a sudden, punishing effect on domestic producers, leading to widespread job losses.
He says the recommended amount of $ 8.50 cents is low enough to prevent any potential job losses from businesses who say they can't afford a sudden increase.
We all find ourselves in periodic high - stress life situations such as the illness or death of a loved one, sudden job loss, etc.; but, generally speaking much of our stress is the «imagined» kind — in other words, it is self - inflicted, or at the very least self - sustained.
Consumers who experience a sudden hardship, like a job loss, may qualify for a temporary reduction of their monthly payment or a permanent loan modification that extends the length of the loan.
People from all walks of life experience financial difficulties for numerous reasons, whether it's an unexpected illness, sudden job loss, or change in income.
A sudden job loss or unexpected medical expense can put you over the edge with your debt situation and cause you to miss payments, which spirals the situation out of control in a hurry.
Ask yourself: will you be able to protect your home in the case of an unanticipated challenge such as job loss, sudden illness or divorce?
In our survey, only 22.8 % of our respondents were taught about protecting themselves from identity theft or saving cash for an emergency, such as a sudden medical issue, job loss, or car repair.
At a minimum, in the event of sudden job loss, you'd want to be able to meet six months worth of rent or mortgage payments / property taxes, not to mention whatever amount you normally spend on groceries, transportation and utilities.
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.
And they set the stage for serious problems in the event of an unexpected expense, sudden illness, job loss, or other financial emergency.
In case of injury, long - term illness, job loss or other sudden expenses, an emergency fund could be your safety net.
Better still, you'd have the flexibility to switch back to the lesser regular monthly payment if you were to experience any changes like a sudden job loss or the birth of a child.
Still, there are plenty of circumstances outside of our control that can negatively affect our ability to provide for the canine members of our families — job loss, injury, sudden spike in food costs, and so on.
Job losses are going to continue to happen, but they are a reflection of a legacy of poor management rather than a sudden epiphany and execution of good decisions.
If a worker is no longer able to perform his or her job due to this type of injury, the loss of income can be just as devastating as it is with sudden injuries, such as amputations or chemical burns to the eyes.
Cash value can be used for a wide range of needs, such as income replacement in case of a sudden job loss, your mortgage payments or your children's university tuition — or to leave a legacy for the next generation.
One way return airfare to India in cases of sudden loss of employment due to refusal of job by the employer upon the arrival at workplace / destination abroad,
If you're just booting up your computer and wondering where to start after a job loss or sudden transition, this special report, sent to you as a PDF, will provide you with the 30 of the most valuable sites to visit.
When things happen in life (sudden move, job loss, adoption of a new child, work and school stress, health problems), it is extremely difficult to keep those issues from trickling over and affecting the entire family.
However, setting the «sub-prime debacle» aside, thousands of homes end up in foreclosure each year for reasons neither the homeowner or lender could have foreseen: job loss and business failures; divorce or sudden death of a spouse; health related issues and expenses; and myriad other expenses that are unexpected and unpreventable.
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