Economy - How has it effected you? - Page 3

ILG · #21 11-16-2008, 04:02 PM

Quote:

Originally Posted by freeatlast

My 401K is the worst, loosing over 25k just the last two months. Hopefully it will all come back.

I think things will become more bleak before it turns around, hope I am wrong on that.

I deliver and service elec power chairs. That has held steady, but my building maintenance business has slowed down some.

I feel fortunate to be debt free except for a small bit left on a very affordable mortgage.

Giving in our church has been doing OK too.

I've been feeling it will get worse before it gets better too. This generation basically hasn't felt a real crunch in a national way. It seems to happen to each generation at some point. I could be wrong.

Tina · #22 11-16-2008, 04:15 PM

I have a neighbor that has been telling me it's going to get a lot worse. He even told me I better start reading websites telling how to survive by living off the land-- learn which plants are safe to eat, etc. He has a huge stockpile of stuff like you wouldn't believe....

I thought I was bad about stockpiling stuff when I found it on sale. This guy could probably survive several years on what he already has-- and he's still buying up stuff.

I'm just trying to get some extra supplies put away in case of a winter storm. Winter storms in the south aren't fun. We have to live a couple of weeks while power is restored because of tree limbs breaking power lines in remote locations. According to the persimmon seed forecast for winter, we're in for lots of snow.

bkstokes · #23 11-16-2008, 04:24 PM

My family and I don't eat out as much.

LaVonne · #24 11-16-2008, 05:54 PM

We haven't had the heart to look at our 401k yet, but we have many, many more working years ahead of us thankfully. I got a full-time job (but because of our disaster in Chicago it would have been necessary regardless of the economy.) and we bought a cheap older Honda to save on gas. Other than that, we are doing well...we only owe on our home.

smurfette · #25 11-16-2008, 05:55 PM

Eating out less. We are only going to give our grown kids some money this year for Christmas. We arn't going to purchase gifts for each other or extended family. We are also considering dropping our health insurance. It is costing us $500.00 per month with a $10,000.00 ded.

RandyWayne · #26 11-16-2008, 07:14 PM

I started ordering the 9 oz center cut sirloin at restaurants instead of the 12....

RandyWayne · #27 11-16-2008, 07:15 PM

Quote:

Originally Posted by smurfette

Eating out less. We are only going to give our grown kids some money this year for Christmas. We arn't going to purchase gifts for each other or extended family. We are also considering dropping our health insurance. It is costing us $500.00 per month with a $10,000.00 ded.

My above comment not withstanding, this is excellent advice. It is amazing how much a person can save by eating more at home (and still eating well!).

smurfette · #28 11-16-2008, 07:31 PM

Quote:

Originally Posted by RandyWayne

My above comment not withstanding, this is excellent advice. It is amazing how much a person can save by eating more at home (and still eating well!).

you can get several bags of groceries for the price of two people eating out.