Imagine you're a secret spy behind enemy lines. You've invested your time, blood, sweat and tears. Day after day you follow your plan to complete a mission successfully. Although you've had a few setbacks you've managed to rise above it all and come home alive. But one day the unthinkable happens. You get a notice from your handler back at Langley that you've been cut off!
There's no support or reason. All they can tell you right now is that you're out of the loop. In spy talk this is known as a "Burn Notice."
In 2008 you may have received your own "Burn Notice." Your financial statement showed you a loss of up to 20%. That's not what you had in mind for retirement. Right now you don't need a financial setback. You need to move forward and build value.
In the popular television show "Burn Notice", our hero has two choices. He can either wallow in his pity and die or bounce
7 Steps To Heal From a 401K Burn Notice
With a lot of people working hard to pay their bills, and often having no money left over for personal rewards, let alone substantial savings, putting extra money into savings can be a tough task to fulfil. However, it’s important to remember that even the tiniest amount — even if it’s $5 a month — will all eventually add up, and be better than nothing. Here are 4 tips to get you started on a better savings path. Get Out of Any Debt First There is no point planning to put money into your savings if you have a backlog of debt, no matter how small. Although any form of savings is a positive, it’s much better to use any extra money to clear debt in order to get straight with your finances and avoid paying extra due to interest charges. As soon as debt is cleared, the monthly amount you usually pay in minimum debt payments can then be a bonus for your savings pot. If any de 4 Tips for Increasing Your Personal Savings
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