Tag Archives: financial worries
The effects of the financial crisis continue to spread across America and around the world – mortgages are labeled “toxic,” banks are taken over, stock markets roller-coaster up and down with dizzying speed, credit is frozen, and bankruptcies are declared. How will all this affect you? No one can predict with certainty the long-term effects on the economy, but the pundits agree that coordinated efforts will be the best response to the meltdown. In the spirit of joining together, this week we want to share with you some of the … Continue reading
Posted in extended family, sandwich generation, your self
Tagged economic crisis, family, financial worries, job loss, retirement, Sandwiched Boomers
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These are unprecedented times. From the breakdown of traditional financial institutions to the government’s 700 million dollar bailout, Americans don’t know how to respond. Some are in denial, not fully understanding the problems and consequences. Others are angry at what they see as a “bailout for the fat cats” and an award for recklessness on Wall Street. Still others feel panic about the gloomy economic forecast. These are all typical emotional reactions to loss. And for Sandwiched Boomers, many financially responsible for their children and aging parents, they see their … Continue reading
