How will the 2017 Solar Eclipse affect your Wallet?


On June 8, 1918 there was a total solar eclipse visible across the United States. A solar eclipse happens when the Moon passes between the Earth and the Sun. It partially or completely hides the sun. A total solar eclipse occurs when the moon’s diameter appears bigger than the sun. It blocks the sunlight and it turns the day into darkness.  Can you imagine? At 2pm in the afternoon, it becomes totally dark.

Well, you don’t have to imagine any longer. Why? Because on August 21, 2017 we will experience another total eclipse. We will experience a once in a lifetime event. My grandmother was four months pregnant with my mother when the last eclipse occurred. But in twenty-four hours, my 98 year old mother will experience her first [and last (along with many of us); the next one is August 2045] total eclipse! Isn’t that awesome?

This phenomenon is so impressive that it’s received a lot of publicity. Deservingly so. But, I must admit that I am concerned about it becoming commercialized. People are spending hundreds of dollars attending museums, parties, festivals, and on travel, cruises and hotel expenses. The after effect of this event can negatively impact credit (if you don’t pay the bill) and it will be the downfall of many budgets.

In addition, sales of protective glasses have inspired con-artist to design counterfeit glasses. If someone falls prey to these glasses they will suffer physically, emotionally, and financially long after the black-out.