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financial planning horror stories

7 Days Series [Horror]

7 Days Series [Horror]

Everyone has their fates connected to their birthdays, they are likely to have psychic abilities specifically connected to ‘something’. Some can sense it while some cannot, depending on what they have committed in the past. Mystery, Death, Foolishness, and Greed are the things attracting the evil spirits to be around. Those who were born on Sunday… “Ward: Labor Tomb” If you see ‘the pregnant,’ please beware; they are there to take your head. Those who were born on Monday… “Mirror: Who’s the First to Die of Them All?” After midnight where mirrors are, ‘mysterious things’ will appear. Those who were born on Tuesday… “Haunted: Mystery of Plumeria House” Stay away from ‘bathrooms’, if you wish to stay alive. Those who were born on Wednesday… “Theater: Book Me a Death Ticket” When people born on this day go to a funeral, they tend to witness bad events. Those who were born on Thursday… “Stairs: 12 Steps...Ghost Staircase” At night, do not look at the stairs, or else something might be there. Those who were born on Friday… “Reality: Dare the Living, Discover the Dead” There is a game for the living, but noted that it might take their lives. Those who were born on Saturday… “Holy: Soul Sacrifice to Spirit’s House” The ancient saying goes: think before you speak, as something the eyes cannot see does not mean it is not real. Every inconsiderate action must be traded with the living, and only death is the answer! One question… What day were you born on…?
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303 Chs
What are some financial planning horror stories?
2 answers
2024-11-14 16:50
A common financial planning horror story is overestimating future income. A young professional expected a large salary increase every year but it didn't happen. He had bought a very expensive house based on that assumption. As a result, he struggled to make the mortgage payments and ended up in foreclosure. Also, some people invest all their money in a single stock because they heard it was a 'hot tip'. When the company went bankrupt, they lost everything. Moreover, not planning for retirement early enough is a big one. People reach their 60s and realize they don't have nearly enough saved to live comfortably.
How can one avoid financial planning horror stories?
2 answers
2024-11-15 00:13
To avoid financial planning horror stories, start by setting clear financial goals. Whether it's saving for a house, retirement or education. Then, build an emergency fund. Aim to have at least three to six months' worth of living expenses saved. When it comes to investing, don't be swayed by short - term trends. Look at the long - term performance of an investment. And always review your financial plan regularly. As your life circumstances change, your financial plan should adapt too. For example, if you get married or have a child, your financial needs and goals will be different. Also, be careful with debt. Only take on debt that you can realistically pay back.
What are the key elements in these financial planning success stories?
3 answers
2024-12-02 21:59
Budgeting is a key element. By controlling spending, like in the case of the young couple, they were able to save. Another is debt management as seen with the single mom. And investment, like the young professional did.
Can you share some financial planning success stories?
2 answers
2024-12-02 16:25
There was a single mom who was in debt. She decided to take a financial planning course. She learned about debt consolidation and started paying off her high - interest debts first. She also started a side hustle. In a few years, she not only cleared all her debts but also had a nice savings account for her child's education.
Share your wedding planning horror stories.
3 answers
2024-10-28 00:55
One horror story is when the florist delivered the wrong flowers on the wedding day. The bride wanted white roses but got red ones instead. It was a last - minute disaster as there was no time to fix it completely.
What are the common wedding planning horror stories?
1 answer
2024-10-27 18:44
A common one is bad weather ruining an outdoor wedding. Imagine planning a beautiful garden wedding for months and then it rains cats and dogs on the day.
What are some financial advisor horror stories?
1 answer
2024-12-03 02:46
One horror story is when a financial advisor recommended high - risk investments without properly assessing the client's risk tolerance. The client ended up losing a large portion of their savings. Another is when an advisor was found to be churning accounts, making excessive trades just to earn more commissions, which cost the client a lot in fees. And there was a case where an advisor misappropriated a client's funds for their own personal use.
What are some financial statement horror stories?
1 answer
2024-11-29 17:57
Well, there are cases where companies misclassify their expenses. For example, a firm might categorize long - term liabilities as short - term ones to make their short - term financial position look better. When the time comes to pay off those obligations, they find themselves in a real bind. It can also lead to regulatory issues and loss of trust from stakeholders like creditors and shareholders. This can have a domino effect on the company's overall stability and future prospects.
What are some common 'financial horror stories'?
1 answer
2024-11-29 13:44
There are many financial horror stories. One is when people don't have proper insurance. A family might have a major medical emergency and end up with hundreds of thousands of dollars in medical bills because they didn't have adequate health insurance. In addition, some small business owners might over - expand their business without proper financial planning. They take on too much debt to open new locations or buy new equipment, and when sales don't meet expectations, they are forced to close down and are left with a mountain of debt.
What are some financial crisis horror stories?
2 answers
2024-11-29 00:34
One horror story is about the 2008 financial crisis. Many people lost their homes as the housing market crashed. Banks foreclosed on mortgages, leaving families homeless. Some had to live in their cars or with relatives. Another story is from the Great Depression when businesses failed overnight. Workers were suddenly unemployed with no safety net, and they had to stand in long breadlines just to get food.
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