San Diego, CA (PRWEB) September 2, 2005
Eric Pemper, president of CuraDebt, is offering financial survival skills to minimize the financial devastation from Hurricane Katrina. He suggests talking to a professional for analysis of your personal financial situation.
Here are Eric PemperÂ´s six financial survival skills:
1. Focus on your health and safety first. Be thankful for what you have. Belongings can be replaced, but the wellbeing of you and your loved ones is the most important.
2. Take a calm thoughtful approach to evaluating your family's financial necessities. This is your priority with today's natural disaster.
3. Look at your monthly income (or average monthly income) and subtract from it you fixed costs of living. Fixed costs are housing, utilities, food, auto (or other mode of transportation), clothing (necessities), insurance, child care/school, etc. Do not include credit cards. Recreation and luxuries are not necessities.
4. Ask the question, are you going to have enough to cover fixed costs?
5. Financial lifestyles can be changed. You may need to liquidate some essential items, even real property or cars to help maintain financial survival for you and your family. Unsecured bills, family loans, and credit cards may have to be put on hold; anyone you owe money to can be convinced to hold off if approached correctly.
6. Carefully consider who takes a bite of your next pay check before you hand over your money. It would be a wise decision to talk to a professional for analysis of your personal financial situation. Most of all, explore your options.
Eric Pemper, President of CuraDebt, has helped thousands of individuals in financial crisis avoid bankruptcy by giving them custom debt settlement and consumer credit counseling programs. The agency provides a free confidential phone consultation at 1-877-324-1218 or on the web site: http://www.curadebt.com/katrina/
Mr. Pemper is a very outspoken and knowledgeable professional who teaches individuals and businesses how to avoid financial disaster. To interview, call 1-877-852-7517.