"Three years ago we were shopping at Whole Foods and Trader Joe's, and in 2008 we were at the food bank," Nikki says. "We've had to make huge changes to our lifestyle. 'Cutting back' has been our mantra." Full Story »
Posted by Kaizar Campwala
A relevant article which shows how joblessness effects families financially, and what three examples families are doing to budget and survive the economic downturn. The article quotes the families and brings their experiences into sharp focus; however, it is too light on context and statistics, and advice on how to survive the downturn is superficial. The article is useful in only a very basic way, and I'm unconvinced it provides substantial help to families in dire financial trouble. It's a good start, but it should be more in-depth.
I can't believe the number of people who are offering their"Expert Opinion's on how the middle class (the poor don't need any help) should spend their money. No couple has the same problem, the same bills or the brains it takes to get out of dept.
The sad story of today are the massive lay-offs that are hitting this country like a five pound sledge hammer. How can you negotiate spending cuts, when theres nothing to cut.
“You need to approach this like partners, not adversaries,” says consumer finance expert Dayana Yochim, author of “The Motley Fool’s Guide to Couples ... More »
Retrieving Comments
