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Become a fanAre You Feeling The Effects Of The Financial Crisis?
Created: 2008-10-05 19:12:09
However, global crisis is not only about companies of financial services. It is about common people as well. The ones with loans, credits, mortgages. The ones with jobs to preserve, houses to retain, families to maintain, relatives to support, children to send to colleges. The ones with budgets, where every cent has its destination.
How should they live? What should they change in their lives, what their financial planning should be, and what should they expect in future? Conversely to huge financial companies, there are no financial consultants or financial advisers for them to help. Not any budgeting program or financial software can tell, what the effect for each common family will be. And, of course, no enormous bail-out sums for them to help.
How many of the people lose jobs, cars, homes? How many have to cut out the spendings, which they considered a normal part of their lives?
Tell us - are you effected by financial crisis, and if yes, comment on how heavily.
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Comments
TH Williams (Monday, 10.13.08 @ 18:07pm)
My retirement savings has been cut in half by the current crisis. My business is all but gone. My once quiet neighbors lives are now full of arguments about money.
VoteTheDay.com (Monday, 10.13.08 @ 19:57pm)
I'm sorry for your losses...
However, your articles are great, especially the one about surviving the Great Depression.
We highly recommend!
shizknuckle (Tuesday, 10.14.08 @ 20:17pm)
I'd advise you all to learn how to eat tree bark, and to enjoy it.
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