Yes,very. After being out of work for a year with a health issue,I finally got cleared to go back to work and there are no jobs. I lost my apartment and had to move in with may aunt and uncle. So yaeh,for me its a very real thing.
I live in Canada, so we aren't as bad as the USA, still going down though. Anyway, not really yet, but I will probably have to spend less on entertainment.
It hasn't effected me at all. My mom's business doesn't go up and down according to the economy; my family's jobs aren't based around the stock market.
Me no, but several of my family members have. My uncle has lost thousands in stocks since June and my mom may have to get a second job considering her job is in low demand right now.
Hasn't effected me personally heck my dad actually got an accounting job in November (he quit his last accounting job because his boss was an @**hole that want his to lie to companies)
Im actually doing better now than before. Im still making the same. and things are getting cheaper, specially luxury items (watches my favorite). so No it has not affected me in a negative way. and hopefully wont.
Yes. I spend a lot more money while I can because the prices will be rising and all our savings will be devalued. So I've been buying things which can't be inflated and have value. So I basically just spent all my savings on stuff.
[QUOTE="cyberdarkkid"]No, my lifestyle is still the same. Which is why I don't understand what the big deal is. Also my parents feel the same way.Neon-Tiger
Keep going that way, you will never see it coming. As someone else said, my parents jobs aren't based on the stock market.
[QUOTE="Neon-Tiger"][QUOTE="cyberdarkkid"]No, my lifestyle is still the same. Which is why I don't understand what the big deal is. Also my parents feel the same way.cyberdarkkid
Keep going that way, you will never see it coming. As someone else said, my parents jobs aren't based on the stock market. If it only was that simple. Guess what, my parents job's aren't based on the stock market either: my mom's a nurse at the hospital and my dad's a pineapple producer. People MUST save and cut on their spendings for a time or things will only get worse.
still the same for me. I'll get my paycheck, take out 25% to use for whatever and save the rest like I usually do. Prices are going up but it's not so much right now that it's a problem for me
[QUOTE="cyberdarkkid"][QUOTE="Neon-Tiger"] Keep going that way, you will never see it coming.Neon-Tiger
As someone else said, my parents jobs aren't based on the stock market. If it only was that simple. Guess what, my parents job's aren't based on the stock market either: my mom's a nurse at the hospital and my dad's a pineapple producer. People MUST save and cut on their spendings for a time or things will only get worse.
while people must save and cut on their spending isnt the economy going to get better only if consumer spends more?
[QUOTE="Neon-Tiger"][QUOTE="cyberdarkkid"] As someone else said, my parents jobs aren't based on the stock market.canucks12792
If it only was that simple. Guess what, my parents job's aren't based on the stock market either: my mom's a nurse at the hospital and my dad's a pineapple producer. People MUST save and cut on their spendings for a time or things will only get worse.
while people must save and cut on their spending isnt the economy going to get better only if consumer spends more?
Not this time, since there is no real money to spend. We must hold and let the market generate more money. Here's a brief, simple explanation: http://www.kypost.com/mostpopular/story/The-Financial-Crisis-Explained-How-Did-We-Get-Here/lay1-9G8k0S6trPPWKGTdw.cspx
Yes a bit. I'm a bit more cautious about buying large ticket items. Thought about a new car a few weeks back, Jag X-Type, great deal, just decided to keep my paid for car and see what 09 brings.
Not really. I make slightly less money waiting tables but that is only minor supplemental income. My parents do most of my funding and they both have fairly recession proof jobs.
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