Weathering a recession
Nov. 7th, 2007 10:49 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
dancerjodiHow would you do? This person has it kind of simplified:
http://marketplace.publicradio.org/display/web/2007/11/06/manion_commentary/
Its a weird balance between comfort and risk. As I've earned more money and purchased more things I've felt more secure BUT also have more to lose. I think I have a healthy understanding of what could be quickly given up - its the debt that's stuck to you (loans, credit cards) that you can't offload easily that can be crippling. I think far too many people consider these niceties as givens or as needs and end up buried (myself included historically).
I'll feel a huge load off my back in the next couple of years when my car loan and student loans are paid off. :)
http://marketplace.publicradio.org/display/web/2007/11/06/manion_commentary/
Its a weird balance between comfort and risk. As I've earned more money and purchased more things I've felt more secure BUT also have more to lose. I think I have a healthy understanding of what could be quickly given up - its the debt that's stuck to you (loans, credit cards) that you can't offload easily that can be crippling. I think far too many people consider these niceties as givens or as needs and end up buried (myself included historically).
I'll feel a huge load off my back in the next couple of years when my car loan and student loans are paid off. :)
