Double job loss disrupts a family’s smooth financial path

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  • MrsH Altamont, UT
    June 25, 2014 11:50 a.m.

    Having to watch every penny? Welcome to the world that most of us live in all the time!
    (Sisucas, good comments BTW.)

  • sisucas San Bernardino, CA
    June 24, 2014 12:10 p.m.

    I'm impressed that these guys have 200k saved for retirement already and also have limited debt. I think they would eel a whole lot less financial pressure though if they unloaded those expensive vehicles. Why drive a gas guzzling tahoe when you only have two kids? Sell that and the Chevy Cruze and buy two 8 year old Honda Accords. You will be freed from those payments and gas prices. When I was maing 45k a few years back I felt loaded, but my care was 10 years old. Now that I make quite a bit more than that it would be hard to downsize, but really the houseand cars are the biggest change.

  • worf Mcallen, TX
    June 23, 2014 2:09 p.m.

    When driving through large cities, I don't ever go into the fast lane. There are dangers of a flat tire, or other mechanical failures which would put your life in danger.

    When employed, I don't go into the fast lane either. I pay off an older car, and learn how to maintain it. I buy a modest house, and pay a year ahead with payments.

    All else! If you can't pay it off, then don't buy it, and always be prepared for emergencies.

    I'm a coward! I fear the fast lane, and debts.

  • K Mchenry, IL
    June 23, 2014 9:53 a.m.

    They live in an area that is too expensive.