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Showing posts with the label economy

State of the Economy (and your own financial situation). Long. Opinionated. Rambling.

This post has been rambling around for a while. Tweaked, deleted, added to and then tweaked again. Because the LAST thing I want to do is cause issues and a verbal slaughter! But seriously. We've hit our debt ceiling.  Does anyone really know what that means? It means that the credit card will not work at Walmart, Target, wherever you try to use it. It means you have NO liquidity left. I'm sure anyone reading this has had that gut sinking feeling when the cashier shakes her head at you indicating that it's a no go. Well, that's what America is going to be feeling soon. Seriously. I'm concerned. Enough so that I jokingly tell those around me that I feel like I should be stocking up on flour, sugar, water bottles, tuna, batteries, 100 watt light bulbs (I kid!), ammo and whiskey (tequila, vodka, beer) ... because really, what WILL happen to the economy? Am I for the raising of taxes? I prefer not to because I feel I pay quite a bit as it is already. AND...

Stock Market, Economy, Ramblings

So we have 10 minutes or so before the market closes for the day, and GUESS WHAT?? It's down 600+ points! So. How many people are really concerned? It amazes me when I hear people say, oh it will come back, and so on. But you know what, WE (my husband and I) lost over $30,000 in the month of September on our retirement accounts. That is my annual salary. I basically just lost one year of pay in one month. And September wasn't even THAT bad!!! Ok. Deep breath. Whew. We ARE still going to Islamorada at the end of October. Its our 18th Anniversary. The kids should be thrilled that we will leave them alone again. They just wanted to be sure that we were around for Halloween (how odd is that??!) We are excited as we will drive the Tahoe and trailer the seadoo down for some cruisin. This will be my 2nd time to the Keys by car. We used to always go by boat and then the last time we drove and I was like "wow, that's what it looks like from land?" like a little kid....