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Reply to "America is in an economic tailspin. Why does life feel so normal?"
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[quote=Anonymous]I paid my house off last year. Nothing fancy, bought it 18 years ago and added onto it, mostly myself. Its far better than I could live in if I had to pay someone else to do it for me. We live on one salary, mine, albeit its GS-15. I'm 42. I have 150 grand in the bank, cash savings. We drive old cars, clean our own house, and cook our own meals at home. I repair my own older iphone when it breaks (they do). I'm having to telework but grateful to have a job. (Just because I'm debt free doesnt mean I'm expense free.) People in bread lines in BMWs had the income, they just chose to spend it and not build up a 6-8 month savings. Maybe now they'll learn. [/quote]
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