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Everything seems to be in the crapper. With election politics heating up (and not necessarily in a good way), an economic bailout that I am pretty sure no one has a real clue about, and the American dream becoming less achievable for many, things seem to be “not so great”.
Or is it? I think that perhaps we’re really at a turning point — a sort of reality check where those that have not been realistic about what they cannot afford need to come to terms with the consequences. While this is happening at a personal level, I am not really sure that it is happening on Wall Street and in the government.
I know that for us, things are a lot more tight financially because we are trying to rebuild our emergency fund quickly after some major truck repairs. But we’re really coming together as a family, mostly because I am working evenings to generate additional income to rebuild our fund. This is an added responsibility for my husband, since he has to come home from work and take over childcare duties.
Although initially it took some getting used to, I think that this is also a great opportunity for us to really evaluate what is important in life. I think it has helped us develop a better appreciation for what the other person is doing, since now we are both working, and both taking care of the kid alone.
We’re also very thankful that we are frugal, and can currently handle our financial situation. I don’t need to run out and make the big $$$, but can stay at home with the kid during the day. At the same time, it has strengthened our resolve to get out of debt, and I am working harder to generate additional income streams.
How about you? Are you keeping your head up in today’s economy? Why or why not?
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3 responses so far ↓
1
John SearchingForTheBigOne (Who am I?)
// Oct 14, 2008 at 5:26 am
We’re not out of the woods yet. It could be another 18 months before we reach the bottom of the markets.
Now the US have signed up to the British model of part nationalizing banks, the credit market should start to work again.
Although it’s the right thing to do, who would have guessed that George W Bush was a socialist?
John SearchingForTheBigOnes last blog post..Gordon Brown Saves the World from Depression
2
moneyloveandchange (Who am I?)
// Oct 14, 2008 at 7:49 pm
Who knew! But the whole thing is kind of scary…
3
Damien (Who am I?)
// Oct 19, 2008 at 1:20 am
I totally agree. Recently my wife and I watched the Grapes of Wrath and it really bore out what you are saying. Maybe there is soul change that we are supposed to experience through all this hardship. We’re doing fine in my house, but every day my wife and I count our blessings.
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