Shrinking Net Worth
In l992 Hurricane Andrew was the nations most costly natural disaster of the century. But in 2003, Hurricane Isabel, hailstorms in Dallas, and the California fires combined to almost exceed the dollar cost of Andrew’s devastation. Add to these losses the fact that from 1999 to the end of 2002 the US Stock Market suffered its worst period since the l929 crash. You were lucky if the net worth in your retirement plan or investment portfolio didn’t sink by 40-50%. Mortgage rates went down, but total debt went up.
Since the beginning of the century inflation has pushed prices and the cost of living up an average 9.5%, with necessaries like gasoline jumping a whopping 36% this year alone.
Is your budget feeling the pinch yet from all of these things that are entirely out of your control? Is there something you can do to counter these negatives to your pressured budget?
The entire Old Testament is filled with one major testimony from the Lord, that He will not only lead His children in light and truth, but will fight their battles. Today it is a real battle to find the truth about living better with less. But, your emergency preparedness specialist (- – – – – – – – – -) can help you.
CATCH THE VISION, GET FACTS, DEVELOP SKILLS AND BE PREPARED.