Financial Stress

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Ranked #1,955 in Work At Home, #200,258 overall

Dealing with the financial stress of not working

Up until April of 2009, I had been working very hard at my job for the last Five years. Then word came down about the layoffs that were going to happen in my department. At first I thought, "Not me, I have been working here for Five Years". There are people here that have been here not that long and they are probably getting laid off. But No, it's me to. This is really bad, but I am confident that I can find another job soon. That wasn't the case at all, Month after Month went by and no job yet. The only thing keeping me afloat is the unemployment checks coming in every two weeks, Which are about to run out very soon. With the economy in the shape that it is in now, the future was not looking so good for me. I was so stress out, I didn't know which way to turn. My friends tried to comfort me and tell me that thinks will work out for me but that wasn't enough to help me pay the bills coming in.
My Ex-girl friend told me I should think about lowering my expectation and take a job in the fast food industry but that is hard for me to swallow after all those years of college and graduating from my Four years college with a bachelors degree. Why should I go backwards, working in fast foods is something I did while in high school. Then One day a friend of mind suggested, I should think about working online. I thought, "yeah right, the only things online are get rich quick schemes that try to rip you off." But friend said, "before you jump the gun, do a little research." So I took his advice and did some research. I came across a website that captured my attention. The website offered a free e-book that was written for internet beginners and it teaches you how to make a decent living online. I thought, well it's free lets try it out. After reading a few of the pages I really got interested in it because it wasn't talking about a bunch of non-sense. The e-book was actually showing me step by step details on exactly what I had to do in order to make a real living online. I actually had to read this book twice because I thought it would never work for me. The second time I read it, I followed and did the steps. I had everything set up in under Two Hours and then went to bed. The next morning, I was surprised because I had already had One order. Throughout the week it just got better and better. I could go on and on about this program but it is probably better to let you see it for yourself.

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Finance is the science of funds management.Gove, P. et al. 1961. Finance. Webster's Third New International Dictionary of the English Language Unabridged. Springfield, Massachusetts: G. & C. Merriam Company. The general areas of finance are business finance, personal finance, and public finance.finance. (2009). In Encyclopædia Britannica. Retrieved June 23, 2009, from Encyclopædia Britannica Online: http://www.britannica.com/EBchecked/topic/207147/finance Finance includes saving money and often includes lending money. The field of finance deals with the concepts of time, money and risk and how they are interrelated. It also deals with how money is spent and budgeted.

Finance works most basically through individuals and business organizations depositing money in a bank. The bank then lends the money out to other individuals or corporations for consumption or investment, and charges interest on the loans.

Loans have become increasingly packaged for resale, meaning that an investor buys the loan (debt) from a bank or directly from a corporation. Bonds are debt sold directly to investors from corporations, while that investor can then hold the debt and collect the interest or sell the debt on a secondary market. Banks are the main facilitators of funding through the provision of credit, although private equity, mutual funds, hedge funds, and other organizations have become important as they invest in various forms of debt. Financial assets, known as investments, are financially managed with careful attention to financial risk management to control financial risk. Financial instruments allow many forms of securitized assets to be traded on securities exchanges such as stock exchanges, including debt such as bonds as well as equity in publicly-traded corporations.

Central banks act as lenders of last resort and control the money supply, which affects the interest rates charged. As money supply increases, interest rates decrease.Microsoft. 2009. Finance. uk.encarta.msn.com, http://www.webcitation.org/5hlUjB4mc

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by davdiablo

Hi, this David Andrades and hopefully this lens will help you in dealing with today's economic burden. Click here Life doesn't have too be that hard. (more)

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