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Article: My soul for a small savings?

Article from:
Concord Monitor
Article date:
October 4, 2009
Author:
Copyright

No matter where you fall on the economic spectrum, a sudden job loss is hard to deal with. My husband, Matt, was unexpectedly laid off in March. At the time, he was the sole breadwinner for our busy family of five. Over the years, Matt and I had been diligent savers and penny pinchers, putting money away for our kids' college educations and our retirement plan. However, with no more money coming in, we had to make some serious financial decisions - and fast.

The first night after Matt lost his job, we sat down at our kitchen counter, shared a couple of beers, and rearranged our financial priorities. The next day, we started living with strict new goals: cut back on spending and protect the ...

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