How a personal finance failure can be a good thing


first_imgJust about everybody experiences money problems. Unless you’re born into the upper crust, odds are you or your family will go through some sort of personal finance catastrophe at some point. Actually, in all likelihood, you’ll probably go through many trying financial times over the course of your life. Financial issues can harm family relationships and impact your health. And even if you’ve done everything you should have to prepare for an economic downturn or medical catastrophe, you can still end up seeing your savings and safety net vaporized with a single mistake.Money and personal finance issues are more or less a fixture in our lives. We’re always striving to keep our heads above water, to pay the rent or mortgage, and if we’re lucky, try to save for a new toy or vacation. When times do get really tough, however, there isn’t much to say that’s positive about the experience. You simply have to try and weather the storm the best you can and hope you’re not too much in the red when things calm down.Surprisingly enough, researchers are now starting to say that those times of intense stress and struggle related to money might actually be a good thing — at least one way. Money problems may make us mentally sharper. continue reading » 4SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img

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