Panhandling Over the Web

February 2003
Journal of Financial Planning;Feb2003, Vol. 16 Issue 2, p26
Academic Journal
The article provides information on how financial planners should handle clients who have lost a job or suffered other financial calamities that have pushed them into debt. The usual advice is to tighten the budget, perhaps consolidate loans, find extra sources of income and so on. Or they could just panhandle on the Web. Associated Press reported a story on a New York City woman, Karyn Bosnak, who found herself unemployed and 20,000 dollar in the hole. She got some nasty e-mail, and some critics even set up anti-Karyn Web sites. But the donations, along with her own efforts, have just about paid off her debts and she's been approached for a possible book and movie deal.


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