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by Paige Lee

Getting Out of the Financial Doldrums

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Comments (5)
Whether we make minimum wage or a six-figure salary, we’ve all felt the effects of the economic recession. Unemployment rates have soared to record levels and retirement plans have taken major hits.  Families who had been financially stable and who felt confident about their future suddenly find themselves unable to pay their mortgage.  Even for many of us who are still employed, luxury purchases and vacations are a thing of the past.  How did this happen?  Could we have seen it coming?  The experts are still debating these questions.  But certainly on a personal level, no matter how carefully we had budgeted and planned, our sense of security has been shaken.  The good news is that even in these precarious economic times, there are some ways you can protect yourself and your family.  If you are struggling financially, taking… read more

Posted by .(JavaScript must be enabled to view this email address) on 06/22/10 at 01:32 PM


Comments

My friend emailed me this article, thank you keeping it simple. I am terrible with money and in these economic times, simple mindfulness techinque really come in handy.

Posted by Ian Hermanski on 06/25/10 at 01:20 PM

I love how simple and succinct this article is. I must pay myself instead of spending rent on a dress or heels. This is a great start because in 3 years I want to be married and financial stable. GREAT WAY TO START hope to see more from this Author.

Posted by Sandy Goldstein on 06/25/10 at 01:13 PM

Dear Author,
Last night I was reading Woody Allen’s comedic gold, ‘Side Effects’ which I borrowed from the library.  Boy, oh boy does that man make me laugh my tuckus off. Suddenly I started to think about how much money I save by going to the library. I can get DVDs, CDs, and even VHS tapes, of everything from Streisand to Survivor stories ( and I am talking about the Larry David ‘Suvivior’ not that Island of sin.)
I find making your own kosher food at home and shopping at COSTCO really saves the bucks.  Having my wife make the clothes by hand helps, and it keeps her busy and happy to create looks for the brood. I also hold Sabbath in High Regard, that really helps cut costs.  Not using my car on weekends and/or driving a moped to work helps me save time, money and the aggravation of lending anyone a ride. Futhermore, I declare my house a shrine to our community, so I don’t have to pay into the ridiculous tax system in this country.
Times are tough, and this article shows a real interest in helping women manage money. I give my wife an allowance to run the house and take care of herself, with rising cost of goods due to inflation and greed, and cost of doing business, my wife can no longer afford buying Prada for herself.  She is really feeling the pinch.
G*d I love my wife, and I really hope we can overcome this depression. My kids are are eating Pancakes for dinner, twice a week now.
Thank you for writing this, I will share it with my wife, in the morning. Maybe, she will listen to your sanity.

PS
My apologies for writing this twice, webmaster please delete prior post, as I did not proof read. Shalom

Posted by Les Grossberg on 06/25/10 at 05:08 AM

Dear Author,
Last night I was reading Woody Allen’s comedic good, ‘Side Effects’ that I got from the library, boy does that man make me laugh my tuckus off. Suddenly I started to think about how much money I save by going to the library. I can get dvds, music, and even vhs tapes, of everything from Streisand to Survivor stories ( and I am talking Larry David Suvivior not that Island stuff.
I find making your own kosher food, and having my wife make the clothes by hand helps, and it keeps her busy and happy to create looks. I also hold sabbath in high regard, that really helps cut costs.  Not using my car or driving a moped to work helps me save time, money and the aggravation of lending anyone a ride. Futhermore, I declare my house a shrine, so I don’t have to pay into the ridiculous tax system in this country. Times are tough, and this article shows a real interest in helping women manage money. I give my wife an allowance to run the house and take care of herself, with rising cost of goods due to inflation and greed, and cost of doing business, my wife can no longer afford buying Prada for herself.  She is really feeling the pinch. God I love my wife, and I really hope we can overcome this depression. My kids are are eating Pancakes for dinner, twice a week now.  Thank you for writing this, I will share it with my wife, in the morning.

Posted by Les Grossberg on 06/25/10 at 04:57 AM

Paige,

This article is as good as any I have seen in a financial magazine.

You blog is professional, informative, to the point and filled with practical information.

I am sure you will receive many compliments on the quality of your work.

You have an amazing grasp on common financial problems affecting many Americans today.  I will keep you in mind when Mom or I have a financial question.

Love, Dad

Posted by Carl Lee on 06/22/10 at 10:39 PM

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