There was an article in the Telegraph today about a stock market crash the likes of which we have never seen before being possible in the next couple of months.
That story, together with the news that mega-wealthy Steve Jobs has resigned and the concurrent thread on this forum about his approach to work, got me thinking about my own financial situation.
I don't especially love what I do as I would far rather earn my keep entirely from writing, but I really can't complain. I get paid well, and I am debt free save for a mortgage of about £100000. If I died tomorrow (not that I am planning to), I would leave my family fairly well off due to insurance. Meanwhile, on a monthly basis, I can afford the things I need, but not often stretch to the things I just 'want', especially if they cost more than a book.
At the same time, I know that if my vehicle broke down, I would struggle to pay for it without using a credit card, and I have few savings to draw on either for the future or for immediate 'emergencies' as I started earning relatively well only in the last few years.
For all this, I know that I am fortunate, yet also worry from time to time - especially when I consider my prospects in the event of losing my job or some sort of economic meltdown.
How do others feel about their own financial security?