Southern Arizona Gets Unexpected Snowfall
An unexpected cold front has led to a rare snowfall in Southern Arizona this week. Areas such as Scottsdale, Goodyear, and Tucson saw the unexpected snowfall while in northern Arizona Flagstaff broke a record set in 1915 with an astounding 31 inches of snow in a single day. Would you be prepared if an unexpected financial burden happened to you?
When an unexpected change in income occurs, people often have to rely on their credit cards
to make up the difference. This does not mean that they are irresponsibly charging. Credit cards are often used in emergency situations as well such as home or car repairs. Credit cards can be a great backup plan as long as they are used responsibly and payments are made on time.
A Harvard University study recently found that over-spending barely breaks into the top 10 reasons that lead to a person filing for bankruptcy. Medical Debt was the number one reason that a person files for bankruptcy. According to the study, medical debts lead to over 60% of bankruptcy filings. This number also includes those who have some sort of medical insurance. Unexpected medical procedures and things like a heart attack can lead to thousands upon thousands of dollars of debt.
Make sure that you are prepared for the unexpected. If you are facing unexpected debt or a financial crisis, get in touch with a Tucson debt relief expert to let you know the many options available to you. Call (520) 307-0020 for a free consultation.