Are You Financially Stable? When can you say YES?

Philippines
January 4, 2013 1:18am CST
You may or may not agree with me. Some people mostly come from rich families say that they are already financially stable. Their Bank accounts and huge deposits are enough to support their personal and family financial needs. Some have big parcels of lands and businesses. With all those properties and riches, I don't believe in financial stability. All things are variables. Banks may closed down anytime, properties are hard to dispose and convert to Cash for immediate use. What do you think?
2 people like this
2 responses
@chiyosan (30183)
• Philippines
4 Jan 13
i can say that i am not financially stable. When i know i am able to say yes i am.. that meant anytime of the day i would not think of how much i will need to shell out - for me if i am stable i would never have to think or look at prices of what i buy or eat before i pay of think about it. :D But i do agree with you about this, there is really nothing special, busineses may go bankrupt, even banks would close down, rich people may also lose everything, and so on. it takes more than the money given to you by your parents, or ancestors but if you are unable to make it grow, money's value grow smaller each day.
1 person likes this
• Philippines
4 Jan 13
Thanks for agreeing with my thoughts. Let's face the truth that all things we own in this world are temporary. Enjoy riches today and leave everything tomorrow.
@rosekiss (30414)
• Eugene, Oregon
8 Jan 13
No, I am not financially stable, as I live month to month, and even then, at times, the money doesn't come in when it is supposed to. I have a rental, and the tenants are struggling, and just don't get their rent paid very early in the month. I know I should evict them, but at this point, if i did that, I would get no money at all, and I can't afford to leave my rental empty. The economy is shaky and they are having a hard time making ends meet, and they are working, but the money only goes so far. At least I can keep in touch with them on facebook, so i can find out what is going on. I wish I were financially stable, and I wish I made more than I do now. I guess, I just have to deal with it for now, and hopefully in time, I will make more money, and live comfortably. Take care, and have a very good day.