My 2 Bits on the Economy
29 Apr
I’ve tried not to complain much about the economy.
Nathan was laid off yesterday (along with almost 40 others at his company) and I feel like I now have a license to complain.
Nathan and I have tried to be smart with our money. We bought a modest home when we were first married and while we both worked, we saved as much as we could. We paid for our first car in cash. We have paid off all of our debt besides our home and one interest-free loan for our water softener. We pay off our credit card every month. If we want something and don’t have the money in savings, we simply don’t buy it. We pay our tithing.
Meanwhile, stupid people took out loans to buy houses they couldn’t afford. Stupid companies loaned too much money to people who couldn’t pay it back. Stupid people used their credit cards to pay for things they wanted but couldn’t afford. The housing market tanked, as did the economy. Nathan’s company was forced to make cuts, and even though he’s been a stellar employee since the start, they let him go. If we had to sell our house now, we would lose thousands of dollars.
There are a few things I just can’t take, and one of them is being punished for other people’s mistakes. I’ve had enough! America, let’s start being smart with our money. Don’t buy things you can’t afford!!!!!
Ok, I’m done now. If anyone knows of any good internet marketing or product management positions in Utah or Salt Lake County, let us know.
That sucks! Let us know if there’s anything that we can do to help!
I really like this post and the SNL skit. (I’ve seen that one before, so funny and so true!) I feel the same as you, and I can’t believe what’s happened to our country due to ppl not taking responsibility for their actions. They feel like it’s the gov’t job to bail them out. We don’t have a house we might lose, but b/c of the economy, Obama wants Nathan to start paying back his loans already, which were supposed to be deferred until out of residency, and we can’t afford that on his current resident salary. So we do feel it. I’m so sorry your Nathan lost his job. I do know that whatever happens, you guys will be blessed since you live righteously and pay your tithing. My dad was out of work for a few month last year, and he (and your dad) totally lost money on those houses they built, but he still had the money to pay his bills, and he eventually found work. That is a testimony for me.
I hope everything works out for you guys!
Ps. Congrats on your little guy! Hope you’re enjoying being a mother of two. Double the work, right? :)
OH NO! I’m so sorry! My prayers are going out to you. But, I was just thinking, this might be a great time to look at job opportunities in Arizona. I’d be very happy.