The best way that I can describe what is happening to our current economic situation is that it is a tiny crack in the windshield... pressure is mounting and soon the tiny crack will spiderweb. More foreclosures are going to happen, more people will lose their jobs and so on and so forth.
I know things have not stabilized, and will not stabilize for quite some time to come. With or without a bailout we are in for long-term hurt.
Just know... there are always options for financial trouble. Often the sound really bad.. foreclosure, short sale, bankruptcy... but once you are on the other side of trouble... it will be okay.
Starting over didn't mean you failed!
Tuesday, September 30, 2008
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