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from riches to rags anyone? - 7/5/2008 7:33:55 PM
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imforlife
Posts: 33
Joined: 7/24/2006
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Has anyone gone from being financially secure to not being? My husband is self employed and up until about 3 years ago, we were fine. Money wasn't an issue, we went on trips, bought luxury items and now things have changed. More people in the same business have come into the area and it has hurt him. They are able to provide services free or based on a person's salary. Anyway--that is why things changed for us. Add in rising prices and things have gotten tough.
So, I am blue over it and don't know how to cope. I realize I am acting like a sissy baby, but things don't look like they are going to change.
My question comes down to this: How do I cope with not having the money we use to????
Thanks
BYW--its not quite a riches to rags story, but man we are feeling it!
_____________________________
Abortion is forever....get the facts first.
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RE: from riches to rags anyone? - 7/5/2008 9:58:58 PM
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LCannon
Posts: 1245
Joined: 2/22/2007
From: Lebanon, OR
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Like my uncle said, 'We didn't even know there was a Depression; we lived like that anyway!' I bypassed the 'riches' phase so you can't miss what you didn't have and, by golly, I survived but I'm not a whiner by nature.
_____________________________
"I pray that You dispose of my health, my sickness,
my life and my death for Your Glory."(Blaise Pascal)
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RE: from riches to rags anyone? - 7/5/2008 11:36:45 PM
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OneOfHisJewels
Posts: 2540
Joined: 8/9/2007
From: California
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Could it be time for him to get a job with a company, rather than being self employed? Being self employed is a nice IDEA, but lots of people just don't get to be.
_____________________________
"We basically use what I have seen referred to as "get off your butt" parenting. It employs more interaction, more redirection, more prevention, and usually less spanking."
-Mrs. Wifey
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RE: from riches to rags anyone? - 7/6/2008 1:23:41 PM
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TonyRush
Posts: 61
Joined: 4/17/2005
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The most important thing you can do is to take responsibility for your finances/income and really "get" that you CAN impact the amount of money coming into your household. You're not limited to whatever is coming in now.
Tony
_____________________________
"The significant problems we face cannot be solved by the same quality of thinking that created them" -- Albert Einstein
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RE: from riches to rags anyone? - 7/6/2008 5:45:53 PM
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BJinWA
Posts: 90
Joined: 5/9/2007
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yup, i have a saying, we used to be rich, now we're blessed.
i was married for 20 years to a man with a cushy 6 figure income, membership in the country club, foreign cars, blah blah blah.
then came the divorce and income was about 25% of what it used to be....
budget, budget, budget......oddly enough, i am convinced it was an unbelievable blessing, especially for the kids. they thought everyone flew in charted planes to football games!!!!!!!!!
now, 14 years later, would you believe my net worth is significant and kids are educated? we have learned to identify "needs" versus "wants".
you can do it....it's all about attitude and commitment. good luck to you.
btw, it wasn't easy....but it WAS worth it.
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RE: from riches to rags anyone? - 7/6/2008 5:49:03 PM
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BJinWA
Posts: 90
Joined: 5/9/2007
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quote:
ORIGINAL: OneOfHisJewels
Being self employed is a nice IDEA, but lots of people just don't get to be.
a friend of mine once said..being self employed is great because you get to work half days. and because you are your own boss, it doesn't matter which 12 hours you work.
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