'Too-big-to-fail is not a fallback position at Berkshire,' a reference to large financial institutions bailed out by the government after suffering billions in losses.
What if you fear that you'll lose your job? You should still rain you savings to pay off you debt, says financial planner Lynn Hopewell of the Monitor Group in Falls Church, Va. Here's your fallback position if you do get the boot: borrow from the credit cards that you previously paid off.
We need a fallback position if they won't do the job.
Yesterday's vote itself was a retreat from an earlier fallback position.