Are You Concerned About The Economy & Your Personal Finances?

I am concerned about the economy. I just heard today that food prices will be going up next year. When will it all end?

I am concerned. What is really upsetting is the necessity things keep raising and raising.

I'm definitely worried.

Bob,
I have been hearing that there is a shortage of some foods including wheat. The weather is changing so much that it is harder to raise a garden than ever before.

The other problems is that big companies are running the local farmer out of business. They are also do agriculture methods loaded with chemicals that are ruining the soil.

I think with all the global probelsm we are in some real trouble.

I'm worried as well. Inflation of costs and no inflation of income. I've already seen what just high gas prices have done to my disposable income this past year. It's sad.

*sigh*

I actually need income to use any of these :(

I am concerned and a bit worried. It's no fun living from paycheck to paycheck but it's a reality right now. Jobs are scarce where we live and my husband had to take a much lower paying job due to textiles no longer being here. Furniture was also big here but is no longer.

I think it is something everyone is concerned about.

We had a good year, but looking forward I am nervous. The War and the hosuing fiasco have made the economy very, very unstabile.

I think we all are but I guess I am confident that I can pull us outta debt and into the green. :-)

For sure..but it's not hopeless..If A-Rod makes a half a billion $ to play baseball, looks like we can get payed a lot for just about any job :)

I agree with some of the others as well, seems as if our government while giving us freedom to make it big financially, also finds every way possible to ruin people financially..yes it's partly personal choices, but they really should regulate things better (hint hint our major credit crunch problem).

It is insane. If average families can't afford the basics, imagine those at the poverty level. The world is in big trouble if things keep up.

I am concerned about the economy.(and then some)
I just posted an article on cereal prices.
Sometimes it seems the middle class & lower do not get many breaks.
Great timing on sharing this with us!

I know that in order to save a ton of money, I am going to have to go back the old way of living, growing a garden (which should make the landlord mad), making my own mixes, not eating out or buying anything that is not necessary, fixing more meals and freezing individual portions (since it is just me at home 90% of the time with a truck driving husband out on the road), etc.

It is pretty easy to make your pancakes and waffles and then freeze them. Pull out what you need for that mornings breakfast and pop it right in your toaster, just like store bought. The same thing can be done to pop tarts. Make your own and freeze them until you want to eat them.

I can't keep up with the economy...so I just keep cutting back on things to make ends meet. I'm not poor, but I've had to give up things I enjoy just to make sure bills are paid and there's food on my table. I live comfortably, but I'd like to live better. can't because of the way prices go up but my money doesn't to keep pace.

I am worried. I can't even imagine how people who were living marginally before are going to make it if prices continue to go up. It is scary.

Thanks for the info. Connie. One thing I would like to add is this, today I noticed gas prices had gone down. I wonder how long it will be before they go back up again and how much?! Food prices are going up next year too! Looks like it's going to get even tougher for all of us! May God help us all!

Yes. My family is concerned and we even call it worried. We started looking at this years ago. It isn't something that has happened overnight, it has been a long time coming. And we should all face the facts that a depression is coming, it's just a matter of time.
I think it is horrible what has happened to the consumer products but not to the comsumers pay.
Make changes now, because it isn't getting any better.

We're really hurting this Christmas...I think if we can stay afloat until March, we'll be okay...but until March, I have to worry. Too many bills and too little money.

Thanks to all of you who have taken the time to read and comment on this article. It seems to be all of us worrying together. Sometimes, I think each of us feel like we are alone in worrying about the economy and our lifestyles. These comments just prove that none of us are alone. We are all worried together.

Hi Connie!
Great links- thank you! While I am concerned ( especially because I am not working right now) I try not to focus on it too much. If everyone worries, it gives too much energy to the negative side of things. I think people should just concentrate on how to increase their income and manage their finances better - that would be much more fun than worrying. Worrying is bad for you ;-) It gives you frown lines!

Thank you Connie. I'm going to check out those links. Bless you.

Awesome resource, thanks for sharing Connie!

Excellent! Thanks for sharing

Yes I am concerned. Just the price of a gallon of milk makes me sick to buy. When I have to pay $4.00 for milk and almost $4.00 for a pound of American Cheese, this is just ridiculous.

I am with Joy, if you are not of the rich or well off, you are just plained screwed. The middle class usually makes just a little over to get any financial aid from the Government and then the low income, they don't even get enough really to take care of their family.

This whole economy is just sad........

BTW Connie. Wanted to share a funny dream with you. I dreamed Tuesday night you and Roger came to Ohio to visit us and you had a newborn baby girl. Is Victoria pregnant?

Oh and let me also add, economy is bad. The company I have worked for six years now, this will be the first year no bonus. This makes me sad because we have come to depend on that money at Christmas time and he told my husband yesterday there would be no bonuses. Money just wasn't there.

It is a shame that we in the United States have to live paycheck to paycheck and a lot f us go to bed hungry. I am thankful for my home and small mortg payment. If it were more who knows what would happen. We also will be putting in a garden and selling some stuff also to make ends meet. I have been out of work since 8/06. Workmans comp is fighting and noone else not even disability will help they said to "get a job". Would you hire anyone who could only pick up 10 lbs with left hand and can not use right arm as it was hurt now I just had my operation lst month after waiting a year. It is not like we were asking for full blown commitment on anyones part but just to get by till things turn around and I get my money from comp. It will be two years next month this all started. We went thru our emergency fund we saved and I did look for work but none called. I guess maybe I will try ebay at least it will not cost $3.39 a gallon to get to my room to use my computer... good luck everyone. I have a feeling we will all need it soon.

Don't we all worry about our finances, despite the amount of money we have? My hubby and I have no debt outside our mortgage, and we still worry about money!