Comments on: How to Deal With a Drastic Decrease in Income http://cashmoneylife.com/2007/10/17/how-to-deal-with-a-drastic-decrease-in-income/ Money Management, Small Business, Career Sun, 21 Mar 2010 02:34:22 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Dealing With A Job Loss: What To Do When You’re Laid Off | Bible Money Matters http://cashmoneylife.com/2007/10/17/how-to-deal-with-a-drastic-decrease-in-income/comment-page-1/#comment-16240 Dealing With A Job Loss: What To Do When You’re Laid Off | Bible Money Matters Tue, 27 Jan 2009 12:06:20 +0000 http://cashmoneylife.com/2007/10/17/how-to-deal-with-a-drastic-decrease-in-income/#comment-16240 [...] How To Deal With A Drastic Decrease In Income [...] [...] How To Deal With A Drastic Decrease In Income [...]

]]> By: How to Survive a Company Layoff | Frugal Dad http://cashmoneylife.com/2007/10/17/how-to-deal-with-a-drastic-decrease-in-income/comment-page-1/#comment-7050 How to Survive a Company Layoff | Frugal Dad Thu, 10 Apr 2008 12:05:37 +0000 http://cashmoneylife.com/2007/10/17/how-to-deal-with-a-drastic-decrease-in-income/#comment-7050 [...] severance funds first, then the emergency fund. It isn’t easy dealing with a drastic drop in income.  Consider depositing severance funds in a separate savings account and set up biweekly [...] [...] severance funds first, then the emergency fund. It isn’t easy dealing with a drastic drop in income.  Consider depositing severance funds in a separate savings account and set up biweekly [...]

]]> By: Surviving Job Loss | beingfrugal.net http://cashmoneylife.com/2007/10/17/how-to-deal-with-a-drastic-decrease-in-income/comment-page-1/#comment-6731 Surviving Job Loss | beingfrugal.net Thu, 27 Mar 2008 11:01:04 +0000 http://cashmoneylife.com/2007/10/17/how-to-deal-with-a-drastic-decrease-in-income/#comment-6731 [...] How to Deal With a Drastic Decrease in Income at Cash Money Life [...] [...] How to Deal With a Drastic Decrease in Income at Cash Money Life [...]

]]> By: Six Streams of Income | Moolanomy http://cashmoneylife.com/2007/10/17/how-to-deal-with-a-drastic-decrease-in-income/comment-page-1/#comment-4159 Six Streams of Income | Moolanomy Fri, 18 Jan 2008 17:36:47 +0000 http://cashmoneylife.com/2007/10/17/how-to-deal-with-a-drastic-decrease-in-income/#comment-4159 [...] benefit for everyone. Why? Think about what would happen if you were suddenly laid off, or had a drastic drop in income? You may find it very difficult to replace your income, and may not have any options. Having [...] [...] benefit for everyone. Why? Think about what would happen if you were suddenly laid off, or had a drastic drop in income? You may find it very difficult to replace your income, and may not have any options. Having [...]

]]> By: Blog Carnival: Personal Finance Oct 27 http://cashmoneylife.com/2007/10/17/how-to-deal-with-a-drastic-decrease-in-income/comment-page-1/#comment-2124 Blog Carnival: Personal Finance Oct 27 Fri, 26 Oct 2007 22:03:32 +0000 http://cashmoneylife.com/2007/10/17/how-to-deal-with-a-drastic-decrease-in-income/#comment-2124 [...] presents How to Deal With a Drastic Decrease in Income posted at Cash Money Life, saying, “Hello, This tip doesn’t necessarily fall into the [...] [...] presents How to Deal With a Drastic Decrease in Income posted at Cash Money Life, saying, “Hello, This tip doesn’t necessarily fall into the [...]

]]> By: J.C. Carvill http://cashmoneylife.com/2007/10/17/how-to-deal-with-a-drastic-decrease-in-income/comment-page-1/#comment-2016 J.C. Carvill Sat, 20 Oct 2007 17:05:34 +0000 http://cashmoneylife.com/2007/10/17/how-to-deal-with-a-drastic-decrease-in-income/#comment-2016 Either the decrease in income is expected or unexpected, I agree that everyone (or in some case, every family) must have an emergency fund. It should be able to cover the basic need for 6 to 12 months during the transition. It's not easy though (I'm still struggling to save my own emergency fund). As Ryan says : "Keep your spirit up" !! Either the decrease in income is expected or unexpected, I agree that everyone (or in some case, every family) must have an emergency fund. It should be able to cover the basic need for 6 to 12 months during the transition. It’s not easy though (I’m still struggling to save my own emergency fund).

As Ryan says : “Keep your spirit up” !!

]]> By: Stuff Worth Reading, Because the Robot Uprising Is Near! | Punny Money http://cashmoneylife.com/2007/10/17/how-to-deal-with-a-drastic-decrease-in-income/comment-page-1/#comment-2000 Stuff Worth Reading, Because the Robot Uprising Is Near! | Punny Money Fri, 19 Oct 2007 15:11:43 +0000 http://cashmoneylife.com/2007/10/17/how-to-deal-with-a-drastic-decrease-in-income/#comment-2000 [...] money will be replaced with small, coin-shaped robots, you’ll need to be ready to deal with a drastic decrease in income. Cash Money Life tells you how, though I suspect he is working for the robots, so be [...] [...] money will be replaced with small, coin-shaped robots, you’ll need to be ready to deal with a drastic decrease in income. Cash Money Life tells you how, though I suspect he is working for the robots, so be [...]

]]> By: Ryan http://cashmoneylife.com/2007/10/17/how-to-deal-with-a-drastic-decrease-in-income/comment-page-1/#comment-1971 Ryan Thu, 18 Oct 2007 10:08:24 +0000 http://cashmoneylife.com/2007/10/17/how-to-deal-with-a-drastic-decrease-in-income/#comment-1971 Hi Brip Blap, I agree, other sources of income are wonderful. Under "look for other sources of income," I wrote take a part time job or sell unused items on Cragslist or eBay. Starting your own business is a great way to earn money, but I think if people are looking for this to bridge an income gap they need to temper their expectations and be realistic about what they can accomplish, ,how they will do it, and how long it will take. Starting a blog for instance, while enjoyable, is by no means a quick way to riches. Hi Brip Blap,

I agree, other sources of income are wonderful. Under “look for other sources of income,” I wrote take a part time job or sell unused items on Cragslist or eBay.

Starting your own business is a great way to earn money, but I think if people are looking for this to bridge an income gap they need to temper their expectations and be realistic about what they can accomplish, ,how they will do it, and how long it will take. Starting a blog for instance, while enjoyable, is by no means a quick way to riches.

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