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re: How do people let themselves get into such dire straits financially?
Posted on 4/25/15 at 3:38 pm to Jim Rockford
Posted on 4/25/15 at 3:38 pm to Jim Rockford
quote:
This is true whether they live in a double wide or a McMansion. You'd be surprised at how many seemingly well off folk are barely treading water.
Wow, really? I could easily survive if my work forgot to pay me for a month.
Posted on 4/25/15 at 4:14 pm to Jcorye1
Especially in businesses like contracting, trucking, etc. They're highly leveraged. They'll be ballin', then have a couple of bad months, key piece of equipment breaks down, whatever, and be on the verge of bankruptcy six months later. Same with their personal finances. I've seen it happen a lot.
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