Thursday, December 23, 2010

How to Downsize from Wealthy to Poor Lifestyle | Personal Finance | FireHow.com

This is an article written by a friend that has gone through many life changes in the financial world. It may be helpful for those just entering into the foreclosure arena of life!


How to Downsize from Wealthy to Poor Lifestyle | Personal Finance | FireHow.com: "Downsizing your lifestyle form a wealthy to a poor status is not an easy task however many people have been thrown into this situation due to bad investments, loss of jobs, divorce or an illness that has wiped out their savings and forces them to change their lifestyle. Whenever you undergo a change in your income there will be a degree of depression followed by stress. The mere shock of the change in wealth will not only affect your lifestyle but it will also affect relationship with friends, spouse and children. Many people in this situation believe that they will overcome their hardship, they will become gainfully employed in a matter of 30 days, and will be able to budget or work two jobs to keep their wealthy status. People have good intention"

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