How's the economy affecting you?
Talking with a Wall Street Journal reporter last week about how the current economic madness is affecting single women head-of-households. Here are some thoughts.
- living on credit cards
- increasing debt
- cutting even non-frivolous expenses - e.g., not doing home repairs as soon as discovered b/c of expense
- searching for bargains in food prices--single women don't normally have time for that but need now to consider everything
- eating out less often or not at all
- going out less often or not at all - single moms especially--going out is doubly expensive b/c of babysitting
- considering bankruptcy
- hanging onto less than desirable jobs b/c no others available
Labels: single women economic power, single working women and the economy
1 Comments:
The main effect the crisis is having on me is that I am hooked to CNN. It is a "crisis" in the way that traffic always slows down around an accident. We are all straining our necks to assess the damage around us. It impacts my optimism, and trust that I am was a balanced spender before this "crisis" and can and should continue to do everything that I was doing before... Like to blog! Check out mine!
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