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What To Do With Your Money When Crisis Hits

09.18.2021 by Fred Berman //

That’s the title of a Survival Guide by Michelle Singletary, a syndicated columnist for the Washington Post who writes the award-winning column The Color of Money.  

The crisis hit my bank account when I retired but I didn’t make any significant changes.  Now a few years into it I think it’s time to start making strategic moves before we show up on one of our kid’s doorstep seeking shelter.  I read the book and my transformation has been amazing.  Following the wisdom contained in these pages has freed me from financial fear; broken the shackles of salary slavery; prompted my moving on from money mayhem.  (Good writing is such hard work!).  I want to liberate you in the same way so let me share a golden nugget of financial wisdom found in these pages.

Page 55: 
Question:  Where should I keep my emergency and “life happens” funds?
Answer:     “I suggest you keep your emergency or ‘life happens’ funds in a bank or credit union.”     Who would have thought?  I immediately opened a savings account and an amazing thing happened.  I started sleeping better because not only was my money safe but my mattress was no longer lumpy.

Thanks Michelle!  And since you are so obviously talented in the self-help genre here are a few suggestions for more subjects you can tackle for those of us in need of guidance with the more mundane situations:

  • Milk in your fridge past the sell-by date? To sniff or not to sniff.
  • Gas needle nearing empty, don’t panic!
  • The Millennial Conundrum: Get a job or move back in with Mom and Dad? (Spoiler Alert: Move home, of course!)
  • Schrödinger’s Cat Litter:  Toilet paper or flushable wipes?

Coming to a bookstore or Amazon soon, we hope!

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