Canadian Personal Finance Blog

The following link is a heart wrenching story for me, seeing folks who’s lives have been uprooted, and destroyed by an act of nature, that are now being forced to do damage to their financial lives, because of that disaster. Think of it, your house destroyed, your job maybe gone with it, and you still have to support your family, and try to piece your life back together again? That is more than I think I could take.

CNN (another site I read daily if not hourly), has set up the following web site, with phone numbers and links for folks who are helping, and how you can help. America is one of the greatest countries in the world (next to a small nation just North of it, of course), and one of it’s strengths is it’s ability to band together when times are tough. New Orleans will return, and it will be thanks to the American People’s legendary generosity.

My financial comment here? Can you plan for a hurricane? No, (and it would be crass to point any fingers right now too) but if you are carrying little debt (better still NO debt), have insurance (and hopefully some help from the government), and have some money put aside for a rainy day (in this case a rainy and windy day), things might not be as bad. Natural disasters can happen anywhere folks (even where I live), for all of us this is a case of “There but for the grace of God, go I”. Keep that in mind.

–C8j