|
Home Base A starting point, and place for threads don't seem to belong anywhere else |
|
Thread Tools | Display Modes |
01-28-2009, 11:27 AM | #16 |
still says videotape
Join Date: Feb 2001
Posts: 26,813
|
Looking at our savings, we only lost what the market had added not the money we actually put in. Far from ideal but survivable, so far.
__________________
If you would only recognize that life is hard, things would be so much easier for you. - Louis D. Brandeis |
01-28-2009, 11:37 AM | #17 |
I hear them call the tide
Join Date: Dec 2005
Location: Perpetual Chaos
Posts: 30,852
|
yup. we're feeling it.
__________________
The most difficult thing is the decision to act, the rest is merely tenacity Amelia Earhart |
01-28-2009, 11:43 AM | #18 |
Come on, cat.
Join Date: Nov 2003
Location: general vicinity of Philadelphia area
Posts: 7,013
|
Yeah, people aren't buying as many cars. Selfish bastards.
__________________
Crying won't help you, praying won't do you no good. |
01-28-2009, 11:51 AM | #19 |
changed his status to single
Join Date: Apr 2004
Location: Right behind you. No, the other side.
Posts: 10,308
|
Weird. They don't seem to be buying as many stocks, bonds, and mutual funds either. I don't get it.
__________________
Getting knocked down is no sin, it's not getting back up that's the sin |
01-28-2009, 11:55 AM | #20 |
still says videotape
Join Date: Feb 2001
Posts: 26,813
|
Ah humans, you never can predict them.
(My Dad went on new brain meds this week and went out and bought a new car. This was a good series of events imho.)
__________________
If you would only recognize that life is hard, things would be so much easier for you. - Louis D. Brandeis |
01-28-2009, 11:57 AM | #21 |
changed his status to single
Join Date: Apr 2004
Location: Right behind you. No, the other side.
Posts: 10,308
|
Tell him I've got some very attractively priced mutual funds if he's interested.
__________________
Getting knocked down is no sin, it's not getting back up that's the sin |
01-28-2009, 12:58 PM | #22 |
duck, duck, duck, duck goose!
Join Date: Jan 2009
Posts: 73
|
Last May I moved into a rental house. It was the first time I've ever had my own place. I had a thriving daycare going and was easily paying the rent and bills, I was actually starting to be able to pay off my student loans even so that I could eventually get back into college and finish off my degree.
In late August, half of my families had to quit because one or both parents had lost their jobs and they couldn't afford daycare anymore. I advertised like crazy but by mid-September I'd lost the last few families as well. I applied for unemployment (I hadn't made enough money last year to qualify). I applied for rent and utilities assistance, but was told that I couldn't be approved unless I got rid of my car and canceled my 'luxuries' (telephone, TV and internet...all three of which are considered a waste of money apparently). I was too poor for unemployment and too wealthy for any other assistance. I could hardly pay my rent in October. I don't live near any family so for a while there I simply debated which alleys in town would be the safest ones to live out of my car in. One of my daycare families heard about my circumstances and offered me a room in their house in exchange for watching their kids from time to time. I became their 'au pair' and here I am. My business failed, I lost my house, I'm living in a spare room of my friends' house and the only employment I can find is part time retail. Yeah, I'd say I was affected by the economy. |
01-28-2009, 01:13 PM | #23 |
Touring the facilities
Join Date: Nov 2002
Location: The plains of Colorado
Posts: 3,476
|
My husband survived a round of layoffs back in November. Don't know what is coming up, though. Maybe another round.
We just moved to a different town, so we are much closer to civilization. We are in a small town wedged between three larger towns. I just got back from a staffing company who seemed pretty upbeat about the possibilities for my finding some temporary employment. Temporary is better than noperary, says I. Anyways, yes, we feel it a little here, since everything is "because of the economic climate", etc. But it doesn't seem as dire as in some places. My husband still gets recruiter calls for jobs, but not as many and they are usually straight contract with no possibility for permanence. I count us fortunate, for now. |
01-28-2009, 01:15 PM | #24 |
Looking forward to open mic night.
Join Date: Oct 2006
Location: New Mexico
Posts: 5,148
|
I am selling coffee. People will be able to afford it because not only is it cheap, sometimes we give lots of stuff away for free. Our regulars are broke like everyone else. We understand that.
I was wondering how you were doing case. Thank you for the update.
__________________
Show me a sane man, and I will cure him for you.- Carl Jung |
01-28-2009, 01:19 PM | #25 |
Touring the facilities
Join Date: Nov 2002
Location: The plains of Colorado
Posts: 3,476
|
Thanks, Cic. Feels good to know you had wondered.
|
01-28-2009, 01:36 PM | #26 |
Constitutional Scholar
Join Date: Dec 2002
Location: Ocala, FL
Posts: 4,006
|
I got lucky. I left Siemens about a week before they started cutting jobs. Now I'm working for a company that does movies and mini-series for television. This isn't affected too much by the economy because if anything, when people are broke, they'll stay home and watch more tv.
__________________
"I'm completely in favor of the separation of Church and State. My idea is that these two institutions screw us up enough on their own, so both of them together is certain death." - George Carlin |
01-28-2009, 01:44 PM | #27 |
lives inside a Mobius strip
Join Date: Dec 2007
Posts: 1,120
|
We are not unduly suffering ourselves, but the economic conditions are affecting many in our extended family, and therefore we assume additional responsibilities and obligations on their behalf. Also, we are fortunate that his job is in a field that is unlikely to be cut anytime soon (think along the lines of Homeland Security). Life is not as easy as it was for us before, but we are still able to have enough and enough to share, even if not as much as we want to do. I'd say we're lucky.
__________________
I knew I shoulda taken that left turn at Albuquerque! - Bugs Bunny |
01-28-2009, 01:51 PM | #28 |
Gone and done
Join Date: Sep 2001
Posts: 4,808
|
We're doing okay, but the housing market is making it a bitch to sell our place up in Jersey. We've had a lot of showings, but no real nibbles. Paying two mortgages is not fun.
__________________
per·son \ˈpər-sən\ (noun) - an ephemeral collection of small, irrational decisions The fun thing about evolution (and science in general) is that it happens whether you believe in it or not. |
01-28-2009, 02:01 PM | #29 |
still says videotape
Join Date: Feb 2001
Posts: 26,813
|
I have friends who finally got out from under their old home in Philly. Now their morgage payment up here seems like a piece of cake. Hang in there.
__________________
If you would only recognize that life is hard, things would be so much easier for you. - Louis D. Brandeis |
01-28-2009, 03:43 PM | #30 |
trying hard to be a better person
Join Date: Jan 2006
Location: Brisbane, Australia
Posts: 16,493
|
Most self funded retirees over here are at least 30% poorer now thanks to the meltdown. In real terms, that means they have to survive on 66% of the income they were living on 6 months ago. That's a big drop to adjust to in anyone's books.
As far as we go personally, so far it's been pretty good for us because although Dazza's superannuation has suffered, he'll be in the workforce long enough that it'll have time to recover and the fact that interest rates are dropping and expected to drop by another percent next week, our mortgage repayments are at an all time low. It's good for us for that reason. Has been bad for many others though.
__________________
Kind words are the music of the world. F. W. Faber |
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
|
|