Finance with Chocolate Sauce

7.)  Expect the unexpected

 Things change. Be it bumps in the road with your plan. You’ve seen enough of life and had enough experience to realize that your very good plan of using this particular check go towards paying down the credit card may get sidelined. Maybe the car and the refrigerator break or your daughter needs special sports paraphernalia tomorrow and forgot to mention it.

 Eventually, if you persist in doing good, the money will go to pay down debt and you will have more money saved for retirement. Don’t be too quickly discouraged.

 Sometimes the fork in the road may be an entirely new road, a new way of thinking about mortgages or investments, as new instruments are developed. You don’t want to assume new things aren’t bad because they are ‘new fangled.’  Cars , computers and texting were new for someone.  Instruments you, or your parents, didn’t know about previously doesn’t automatically make them bad.

 Learn what you need to know, be open, concerning the new things so you can have options about different ways to save for retirement or get a mortgage.

 The lesson here? Be flexible and expect the unexpected.