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    Summary of Michelle Singletary's What To Do With Your Money When Crisis Hits
    Summary of Michelle Singletary's What To Do With Your Money When Crisis Hits
    Summary of Michelle Singletary's What To Do With Your Money When Crisis Hits
    Ebook35 pages19 minutes

    Summary of Michelle Singletary's What To Do With Your Money When Crisis Hits

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    Please note: This is a companion version & not the original book. Book Preview:

    #1 If you’re financially frustrated, this chapter may be overwhelming. But press through to the end. Some of the advice may be difficult to implement, but it’s important to remember that this is for your own good.

    #2 If you’re in a financial crisis, you should triage your debt payments and bills, ensuring that the most important bills are paid first.

    #3 Having a roof over your head is vital, and if you can’t pay your rent, the first thing you should do is talk to your landlord or mortgage servicer, which is the company or lender who handles your home loan payments.

    #4 Communication is key when it comes to dealing with a financial bind. If you have a mortgage, lenders will work with you for as long as you’re current on your payments. But the longer you wait to communicate about your situation, the fewer options you may have.

    LanguageEnglish
    PublisherIRB Media
    Release dateJun 10, 2022
    ISBN9798822537613
    Summary of Michelle Singletary's What To Do With Your Money When Crisis Hits
    Author

    IRB Media

    With IRB books, you can get the key takeaways and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.

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      Book preview

      Summary of Michelle Singletary's What To Do With Your Money When Crisis Hits - IRB Media

      Insights on Michelle Singletary's What To Do With Your Money When Crisis Hits

      Contents

      Insights from Chapter 1

      Insights from Chapter 2

      Insights from Chapter 3

      Insights from Chapter 4

      Insights from Chapter 5

      Insights from Chapter 6

      Insights from Chapter 7

      Insights from Chapter 1

      #1

      If you’re financially frustrated, this chapter may be overwhelming. But press through to the end. Some of the advice may be difficult to implement, but it’s important to remember that this is for your own good.

      #2

      If you’re in a financial crisis, you should triage your debt payments and bills, ensuring that the most important bills are paid first.

      #3

      Having a roof over your head is vital, and if you can’t pay your rent, the first thing you should do is talk to your landlord or mortgage servicer, which is the company or lender who handles your home loan payments.

      #4

      Communication is key when it comes to dealing with a financial bind. If you have a mortgage, lenders will work with you for as long as you’re current on your payments. But the longer you wait to communicate about your situation, the fewer options you may have.

      #5

      If you’re in a financial crisis, you should make every effort to meet all of your financial obligations. However, if you’re out of work or your income has dramatically decreased, you should contact the credit card company and request a pause in your payments.

      #6

      If you are struggling with food insecurity, which is the inability to provide enough food for your household, give a grocery store gift card or a general-purpose, preloaded debit card

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