accountingsucks
Recycles dryer sheets
- Joined
- Jan 28, 2006
- Messages
- 346
Was watching a Canadian news program (like 60 minutes) and they profiled the plight of a town in Ontario that has suffered alot of job losses this year as it is heavily into auto and ancillary businesses. Anyways they talked to one couple who both were laid off from the same truck factory and the reporter asked them if they would have done anything different.
The husband and wife both chuckled and looked at the reporter as if she had three heads and said no way...."we made good money and spent all of it. There's no way we could live like paupers. I like my big house, cars and all my toys". The piece also made it seem like they had quite abit of debt.
This just baffles me. You'd think that after job losses they would have some regrets and would prefer to have some money in the bank. I guess you either have the mindset of living within your means or you don't.
Also they profiled a single mom who has just a few months left on unemployment benefits. It's sad too see - if anything this reinforces my need to build up a 12 month emergency fund.
The husband and wife both chuckled and looked at the reporter as if she had three heads and said no way...."we made good money and spent all of it. There's no way we could live like paupers. I like my big house, cars and all my toys". The piece also made it seem like they had quite abit of debt.
This just baffles me. You'd think that after job losses they would have some regrets and would prefer to have some money in the bank. I guess you either have the mindset of living within your means or you don't.
Also they profiled a single mom who has just a few months left on unemployment benefits. It's sad too see - if anything this reinforces my need to build up a 12 month emergency fund.