Posted on 14-06-2008
Filed Under (Financial) by mike

Instead of living paycheck to paycheck, many people are just living day to day, trying to get by on a lot less than they ever thought would be necessary.

In contrast to politicians claims that the economy is still strong and getting stronger, many are individually affected by circumstances that devastate their income and aggravate their expenses.

 

They are fearful that the economic future is not going to get better in time to help.

With the paycheck less certain and payday loans tapped out, credit is getting harder to find let alone afford. And how can it be paid back if expenses rise as fast as the are, eating away at any budget.

With the US currency in trading free fall, the dollar does not go as far as it used to. Financial planning is out the window, and payday loans don’t last before the next paycheck.

Foreclosures and job lay offs have left many families in dire straights, homeless, on unemployment, and facing skipped meals and charity.

How did the wealthiest country in the world get to this point? Have we been living on borrowed money and borrowed time for too long?

Economic ignorance does not make the consequences less real. People are hurting and that is for real.

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Comments

bloggingzoom.com on 14 June, 2008 at 1:55 pm #

Paycheck To Paycheck…

Superficially the US is still very well off, but there are signs that the less fortunate are not only not catching up, they are increasing and getting further behind. $4 gallon gas is still a bargain compared to the rest of the world, and the store she…


paycheck | Lasts information on 14 June, 2008 at 10:19 pm #

[...] Paycheck To PaycheckWith the paycheck less certain and payday loans tapped out, credit is getting harder to find let alone afford. And how can it be paid back if expenses rise as fast as the are, eating away at any budget. …You Know What - http://mikelorimer.bloggerunleashed.com [...]


paycheck | Hottags on 14 June, 2008 at 10:19 pm #

[...] Paycheck To PaycheckWith the paycheck less certain and payday loans tapped out, credit is getting harder to find let alone afford. And how can it be paid back if expenses rise as fast as the are, eating away at any budget. …You Know What - http://mikelorimer.bloggerunleashed.com [...]


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