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Most Recent Articles
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- Suicidal Tendencies And Finance Management
This could be a very depressing article, but we cannot neglect the issue just because we find it uncomfortable to talk about. Let’s face it then, suicides due to financial dead-ends are happening all around us today. We read about them in the tabloids, watch them on television and listen to them over the radio. More than being jilted by a lover, being financially distraught is the leading cause for suicide today. The logic behind it is that the surviving members would get the insurance money and their lives could be bettered to at least some degree. But is suicide really a solution, or another problem in itself?
It is not necessary to even begin discussing about the social and legal hassles that a family has to face if a member has committed suicide. There could be litigation, social ridicule, and to top it all, the life insurance policy may not actually pay. At the risk of sounding heartless, one must point out that the funeral costs could be a bomb. They could be the straw that broke the camel’s back for a family that is already overburdened by debt and not getting the claims from the life insurance company.
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