CNN Money is running a slideshow where people have sent in their photos and stories about how they are doing in the current economic atmosphere. A lot of these stories are pretty sad and involve people losing their homes, businesses, and jobs. Here are some of the stories that stood out to me and not all of them are bad.
Ready for a Rainy Day - I liked this story because the girl is about the same age as me and she’s got things figured out.
Doing just fine - This couple seems to be doing just fine, too. They are cutting back, but they’re not in dire straits.
Moderation is Key - This is a great story with a bit of advice - if you need something , start saving for it early.
Loonies are Worth more than the Dollar - This story made me laugh. If I just waited a few months to deposit a wedding gift from my dad’s cousin from Canada I would have gotten more money, too.
Fools for Saving - This is a couple who are savers, and felt that their money have been eaten away by inflation and they have been fools for not spending their money. This is why investing money in things other than CDs could help.
Home won’t sell - The guy on the picture just looks scary.
$250 Commute - When I read this story I thought, hey a $250 commute a month really isn’t that much. My hubby and I spend about $200 a month on gas, too.
Rely on Yourself - This guy makes a lot of sense. A lot of these people who are in trouble can’t blame everything on businesses and the government, they have to be self sufficient.
A story of hope - I liked this story. It’s nice to see that someone sees the silver lining in a bad situation.
$800 Fuel Bill - Here is a story that annoyed me a little bit, because the woman says “like most we carry $17,000 in credit-card debt and don’t have much in savings”. I don’t know if that is true for most people because $17,000 in credit card debt is definitely above average.
There are currently 51 stories and you can submit your own. I think there needs to be more positive stories amidst all the dreary news.
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3 comments ↓
My, that is scary. Not the economy, but the entitlement mindset that got many of those people where they are today. Some of them are sad stories involving medical issues and job losses but plenty of them are their own fault.
I had to Laff too seeing our Beloved Loonie mentioned!! We’re finally on the Radar of America*
Not too long ago our Lousy Buck was worth about a Peso or Yen or Lira when U Folks were getting a 50% Premium*
It’s Great for the Snowbirds travelling South but we Need yer Biz + Almighty Dollars up here!! Please Come Back America!! We Love yer $$$ Money $$$!!
;)) Peace*
I hate the freaking ‘gimme’ mentality. As if people deserve anything. And I don’t think “most” people carry that much debt on their credit cards. Our debt is high with our house, cars, and school loans, but our credit cards are much much much lower.
The economy goes up and down. That is just reality and if people aren’t ready for it then that’s their problem. It drives me bonkers that people expect the government to bail them out because they don’t plan ahead. Arg!
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