I was recently on a flight that had a connection in Charlotte, NC. Charlotte, however, experienced a little snowfall. I say “little” because I grew up in Indiana. But for Charlotte Douglas International Airport, it was a MAJOR deal! My 5:55 PM flight was missed. So was the 8:05 PM that I was reassigned to. After it was delayed to 8:30 PM, 9:00 PM, 10:00 PM, and 10:30 PM, it was canceled. Then my 10:20 PM reassignment was delayed to 10:25 PM, 10:50 PM, 11:05 PM, and 11:20 PM. Nearly all inbound flights had people stranded on planes for over two hours as they attempted to navigate the pile of planes on the ground and de-icing stations that had been established. It was awful, and it leads to the bottom line.
The Bottom line: Charlotte Douglas International Airport was not equipped to handle this disruption very well.
It made me think of my financial situation and ask this question: “Am I prepared to handle a MAJOR financial disruption?”
Most of us will face a MAJOR financial disruption at some point in our life, so we must be prepared for it.
So, let me ask you the question: “Are YOU prepared to handle a MAJOR financial disruption?”