All I'm worried about is how I'm supposed to feed my family of five through Wednesday w/ $20. We reached our debt ceiling a long, long time ago and are delinquent on everything. We are: former home building industry out-of-work husband (unemployed 9mos); a disabled American mom, unable to find work in entry level retail; Parents of teens (w/ no funds available for public school Fall registration) If anything, Ali, I need your help teaching my 19 y/o son, who just started his first job, personal finance basics so he can save himself - and maybe his sisters - from homelessness.
Just last week I had to inform my girls that if they need anything for start of school in a few weeks they will have to find jobs since mom and dad aren't able to provide basic necessities. Of course, I first apologized for not being able prevent worsening circumstances. I told them the school has been informed of our situations - we are not the only family going through this, they reassured me, when I told them I was apprehensive about registering the girls due to uncertainty with regard to housing. I went ahead and registered them; nearly passed out at fee totals which are due; died a little more inside for being such a sorry excuse of a mother.
You see, I followed my dream of getting married and becoming a mommy. As a family we supported dad's rise up the ladder with his company and took the chance on opportunities. We made mistakes: Never buy a house, unless you are positive that the company you've worked for your entire adult life will not fall victim the industry's - or your country's - economic demise. Another mistake: Never marry someone, who it turns out will have an incurable - yet treatable - disease... especially if that disease is mental illness! That person will only make matters worse when job loss prevents ability to manage illness; no health insurance. Also, false hope does nobody any good.
To be continued...