Thursday, September 13, 2012

What is Your Financial Breaking Point?

For those of us fortunate enough to have been born at a time of relative peace and prosperity, we find it difficult to make a mind-shift to a time when growth and abundance may not be the norm.

This article reminds us that we should have a plan in place to provide a way forward for the point at which our finances cannot meet our immediate needs.

Here is the article:

"Many people realize that the financial situation in the U.S. is deteriorating, yet these same people continue on with their daily lives assuming things will get better or will not affect them. Those that still have a stream of income are in much better shape than many but they have not thought about the reality of losing that income and what will follow. Those that have lost their income but still have sufficient savings to live on have not thought about the day when that money runs out and what will follow"...more here

Gold in New Zealand dollars: $2111.11 per oz
Previous all-time high: $2311.02 per oz (15 Nov, 2011)

Silver in New Zealand dollars: $40.54 per oz
Previous all-time high: $59.19 per oz (30 Apr, 2011)
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