I know that it has been few days since last note. With the world the way it is I got a flash of brilliance from the CEO/CFO of the Bank of Smith A. Smith. Hmmm, really it is common sense more than a flash of brilliance. Get ready for the down turn and pay off all of your debts now! It is not that I am abandoning rosy colored happy financial days however;there is practical truth to where the money goes in a prolonged downturn.
80/20= 80% to debt acceleration 20% to insurance and savings