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Re: Economy - How has it effected you?
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Originally Posted by A_PoMo
My income is down 90% as our core business is directly tied to consumer spending/confidence and my expenses are up 30% due to higher energy and food costs. I couldn't afford to continue paying my health insurance premiums cuz they went way up too. All my savings is gone. I'm not accountant or math major but I can do that math and know it's not good. Can anybody say Chap 7? Viva Bush, Greenspan, and Paulson, the blasted trinity!
Our church is suffering as well. Many people losing jobs, over 20 famiilies have lost their homes, others have had their businesses collapse, the churche's income down about 30% so far this year. They've cut expenses drastically and not replaced two paid staff who have left and a pay cut is on the table for '09 for remaining staff.
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Ouch!! Sorry to hear all of that!! What part of the country are you in?
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When I was young and clever, I wanted to change the world. Now that I am older and wiser, I strive to change myself. ~
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