Tag Archives: recession
Video Tips for Taking Care of Yourself in a Recession
You have probably noticed that the economic downward spiral has affected more than your pocket book. For most of us, it has also taken a toll on our feelings of well-being and security. Reports indicate that mental health calls due to financial pressure have increased more than 100% in the past months. If you are feeling signs of distress, check out our video tips for today to learn how to take better care of yourself. To read some tips about how to create a healthier lifestyle for yourself and your … Continue reading
Video Tips for Regaining Control in Financial Chaos
With the stimulus package having little effect and the continued loss of jobs, the recession appears to be continuing unabated. Still, you, and other Sandwiched Boomers, can regain some control over your situation by educating yourself, evaluating your finances and making the hard decisions that lead to changes in your lifestyle. Watch our video for more coping tips. To read some tips about how to maintain and even strengthen your family relationships during this time of financial belt-tightening, click on the title above. It will link you to wwwHerMentorCenter.com and … Continue reading
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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Layoffs and Sandwiched Boomers
Consumer spending fell for a record sixth straight month in December as recession battered households worried about surging layoffs. As sandwiched boomers, you and your family may be personally effected by job loss. In years of plenty, our society operated largely on the pleasure principal, embracing the notion of ‘I want what I want when I want it.’ Accustomed to instant gratification and a sense of entitlement, we were emotionally conditioned to have it all. The average American carried nine credit cards with a total $17,000 balance. We have been … Continue reading
Posted in sandwich generation, your self
Tagged consumer spending, credit card debt, family, layoffs, recession, Sandwiched Boomers, slow recovery
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