Weathering a recession
Nov. 7th, 2007 10:49 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
How 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. :)
no subject
Date: 2007-11-07 09:36 pm (UTC)I have to have a car because I live away from Jasper, and getting rid of my cell phone isn't an option either. I'm all for frugality but she seems kind of wierd. There's more to life than just survival.