Down to my last dollar!

No chance. Ok, extremely slim chance. Thanks for the advice I’ve received from many, but I won’t be ‘investing’ my last dollar on the lottery. Why not? Well, despite the fact that 1/3 of Americans think that winning the lottery is the only way become financially secure in life, you actually have much more chance of being hit by lightning, than being singled out by ‘the fickle finger of fate.’

If you don’t believe me, check out your odds here.

I’m not saying don’t, but…

When you’re in need of essential finance advice (like -”What do I do? I’m down to my last dollar?”) it certainly helps to hear what others have done in the same situation. Don’t they say ‘A problem shared is a problem solved?’ So here’s an idea - if you email me your financial problem, I’ll post it right here on the site (names will be changed - or not. Up to you). We’ll open up the post to hints, tips and advice (I’ll pick the most appropriate comments), and see how it goes. I’m guessing that this will work better than a forum because many more people will be able to share your problem. You can email your questions now to advice@downtomylastdollar.com (don’t send them as a comment on this post). The world is waiting to help you out!

It has been pointed out to me that if one of my objectives is to save, it’s a heck of a lot cheaper to pay off what I owe first (especially credit cards) as the rates of interest on a regular savings account is pathetically low in comparison with the interest I’m being charged on borrowings. So thanks for that tip - the first of many I hope!