The Recession

Avatar for rollmops2009
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Registered: 02-24-2009
The Recession
96
Tue, 02-23-2010 - 10:03am
Has the recession caused you to change your lifestyle, including the decision to SAH or WOH?

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“Wise men speak because they have something to say; Fools because they have to say something.”

Plato

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iVillage Member
Registered: 05-06-2007
Tue, 02-23-2010 - 10:16am
Nope. I WOH before the recession, even though that was out of necessity as a single mom, and I CTWOH now. I really cant imagine *not* WOH ever, but stranger things have happened. We're just extra thankful for our jobs now especially when so many are struggling without employment.
Melissa

Wife to Erik

Mommy to McKenna (1.30.03)

&

Braxton (10.29.09)

melissajune21.jpg picture by ambersspace


&nbs

iVillage Member
Registered: 06-27-1998
Tue, 02-23-2010 - 10:31am

Mostly we are just thankful that we still have our jobs in this economy.


PumpkinAngel

Avatar for mommy2amani
iVillage Member
Registered: 03-26-2003
Tue, 02-23-2010 - 10:41am
I've always WOH, so the recession hasn't changed that.
iVillage Member
Registered: 05-10-2009
Tue, 02-23-2010 - 11:00am
Nope.
iVillage Member
Registered: 01-08-2009
Tue, 02-23-2010 - 11:21am
It has, in many small ways. For one thing, our university basically has a hiring freeze and we have lost some people by attrition or retirement in the last two years, so those of us left in my department are trying to maintain putting out a quality "product" under more trying conditions. We are also highly aware of our charity dollars and trying to determine the best use of them has caused us to change our ways a bit. We have also become quite aware of the fact that a lot of deserving people are struggling right now and have become even more conscious than usual of the obnoxiousness of conspicuous and flagrant consumption and have toned down our lifestyle a bit in consideration of people who are struggling to pay bills, keep their kids in college, and things of that nature.
iVillage Member
Registered: 01-05-2000
Tue, 02-23-2010 - 11:39am

No. I've always worked. As long as brides continue to get married and reenactors spend money on clothes, I'm good. And if that dries up, I'll just go more into general alterations. Alterations, like car mechanics and plumbers, can not be outsourced.

Chris

The truth may be out there but lies are in your head. Terry Pratchett

iVillage Member
Registered: 07-08-2001
Tue, 02-23-2010 - 11:52am

Not the decision to WOH; I already am WOH.


But it's affected our spending habits quite a bit. We're frugal anyway, but now even more so. We use more coupons than we did before, and DH takes advantage of the BOGO offers at the supermarket. We've stepped up the amount we put into savings as well, just in case.

Avatar for rollmops2009
iVillage Member
Registered: 02-24-2009
Tue, 02-23-2010 - 12:09pm
Wow, that is pretty significant.

~~~~~~~~~~~~~~~~~~~~~~

“Wise men speak because they have something to say; Fools because they have to say something.”

Plato

iVillage Member
Registered: 03-27-2000
Tue, 02-23-2010 - 12:35pm

Not really. I continue to work PT and dh works in a field that is in high demand these days so his job is pretty stable. He actually got promoted in the fall. I think the only thing that the recession has really affected for us is our home value. Fortunately, we bought our house nearly 15 years ago before the real estate boom so our mortgage is very reasonable. While it's value has dropped, it is still worth well more than we paid for it. We've talked about moving for the last six years or so, and I'm glad we didn't b/c we'd probably owe more than the new house would be worth. Now we'll definitely stay put. I'd love a little more space for our large family, but we'll make do with what we have.

The only other way it's really affected us is that we've been more charitable, especially in our immediate community rather than donating to national charities.

iVillage Member
Registered: 07-08-2001
Tue, 02-23-2010 - 12:49pm

I know; it's crazy! I'm in an area that has been hit pretty hard. The big companies are moving their headquarters to other areas, and two of the three biggest industries (retail and hospitality) are suffering; and we all know how the real estate market is...


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