Tag Archives: economic turmoil
Families today are facing a new kind of housing crisis as the economy continues to spiral downward. When one spouse in a two-career marriage loses a job, making the monthly mortgage payment becomes difficult, especially for Sandwiched Boomers. Senior citizens who have been able to pay for housing from their retirement accounts find they must cut back on that expense when their retirement funds are down by 20%. When a mortgage that began with an artificially low interest figure calls for a rate increase or a balloon payment, the cost … Continue reading
Posted in sandwich generation, your self
Tagged economic turmoil, family, financial crisis, foreclosure, housing, mortgage, Sandwiched Boomers
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In the midst of the serious issues Americans have been facing – financial turmoil, domestic violence, contentious elections, weather-related disasters, economic downturn, family pressures – along comes a holiday that allows – even encourages – us to ease up and have some fun. Halloween isn’t just for the kids – it’s for you too. Let yourself enjoy the playful silliness of the day and evening. As a Sandwiched Boomer, usually bogged down by the responsibilities of caring for growing children and aging parents, grab the opportunity to set aside some … Continue reading
As we move through these difficult financial times, the stresses we all face will be great. Emotions are likely to be close to the surface as uncertainty about the state of our economy continues. Be aware of any potential for domestic abuse in your family and pledge to learn how to protect yourself and your loved ones from the painful trauma caused by such violence. Immediately let someone in authority know about the abuse, if it occurs. Have the phone number of the local police station available – and you … Continue reading
We finish this roller-coaster week just as we began it – drawing on the support of one another as we attempt to bring a sense of order to our lives. When you are feeling adrift amidst the economic turmoil, turn to what grounds you and work from there. Robin has a lot on her mind and sometimes seems overwhelmed by everything she wants to accomplish. Don’t get stopped in your tracks when you consider all you have written down on your “wish list.” Take things one at a time and … Continue reading
