Tag Archives: job loss
Educate Yourself
With the G20 meetings scheduled this week to focus on the global economic crisis, Sandwiched Boomer families continue to be hit by the recession and job losses. If these changes are hitting close to home, here are two tips to help you get started on building flexibility into your family: Educate yourself about family finances. Get involved with the family budget as you seek out ways to reduce your expenses. Keep track of minor expenditures that can add up, like dinners out, entertainment and credit card interest rate costs. Think … Continue reading
Posted in sandwich generation, your self
Tagged anxiety, budget, credit card debt, depression, drinking, economic turmoil, family, financial crisis, G20, gambling, job loss, Sandwiched Boomer, stress
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Families in Financial Flux
As Leo Tolstoy put it in Anna Karenina, “Happy families are all alike; every unhappy family is unhappy in its own way.” And what about other family traits? Are families who are flexible all flexible in the same way? And are rigid families each set in their own ways? Today, families are being shaken up in record numbers as financial turmoil hits home. With all the job-related uncertainties facing them, families must be able to make changes in order to adjust to the current economic climate. They may even need … Continue reading
Posted in sandwich generation, your self
Tagged economic turmoil, family, financial crisis, flux, job loss, recession, Sandwiched Boomers, women, workplace
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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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As a Baby Boomer, are you in agreement with the results of an American Association of Retired Persons’ position paper – that the definition of work in retirement will be uniquely yours? Fully 80% of those who responded to the survey expect to continue some type of work after they reach retirement age. Many women don’t have control over the decision regarding changes in their work situation. They may be faced, unexpectedly, with the loss of a job or a business. Or, out of financial necessity, they have no choice … Continue reading
