The Seasonal Changes of Your Personal Finances

by Jack Morrison on November 3, 2011

The only constant is change. Have you ever heard this popular phrase? One change that falls into this category is the changing of the seasons, which we are experiencing now that we’re in the midst of the fall season.

The seasons change for a reason. This is nature’s way of cycling so that life ebbs and flows. Leaves drop in the fall, trees and plants lie dormant in the winter and then come spring everything makes a comeback.

This same cycle may occur with your finances. You must plan and prepare ahead for the tough times if your financial season isn’t always rosy and in bloom. For example, if you know that you get paid more in the summer and then income slows during the holiday season, it’s important to adjust your spending/saving ratio. Plan accordingly so that you don’t rely on the false security of credit card debt. You must make provisions to protect your savings and reduce your expenses.

This may seem like common sense, but not enough people plan ahead. Most people don’t ever truly solve the problem of experiencing recurring financial ups and downs. They just limp along or hibernate until the flow comes back again. But unexpected things come up, something every homeowner is intimately familiar with. If you need help managing your financials, it’s never too late to learn.

Two resources that will be of benefit to you include:

Take a cue from Mother Nature. Prepare yourself and your family for any down cycles you have historically experienced. Make the necessary preparations to sustain you for the long run.

Are you interested in talking to a knowledgeable, understanding professional about your finances? Then you might want to sit down with a Worcester bankruptcy attorney for a free consultation. Call my office, the Law Office of Jack Morrison, today at 508.852.7800 or reach out via our contact form. Thank you.

  • Get Important Legal Information Sent Directly to Your Inbox

Leave a Comment