Saturday, September 13, 2008

A Finanacial Lesson Learned

My husband lost his job when I was five months pregnant with our third child. With a blink of an eye gone was our paychecks, his life insurance, car, computer, health insurance and everything else that came with that job.
Surely he would get another one fast, after all he was the lead salesman in his are with over 10+ year experience! He trained people! He rocked the sales world!

That was not the case.
Here we are ten months later when he has finally taken a job outside his industry, five hours away from where we live. We choose to believe this was a lesson, a stinky, long lesson about life and what really matters. Does money really matter? Yes and no. It is not important, health and family top that list, but you need it. We need to feed our kids, we need it to buy healthy food we need it to shelter and clothe us. People need money and they need iot for the now and they need it for the rainy days because there are always storms ahead of us.

My children do not know any details of what happened to my husband's job or how close we came to losing just about everything we had.
They are too young to know those truths, but when they are older we will tell them "learn from our mistakes, you can never have too much put away for unforeseen events. Be content in your job but never be too secure everything can change in a blink of an eye."
Maybe they will listen, or maybe like so many other troubles they will have to make their own mistakes for the lesson to seep in.

If it can happen to us, then it can happen to anyone, and that is the scary reality.

This post was written as part of Parent Bloggers blog blast who have partnered up with Capital One to get the word out about managing family finances. Along with national consumer advocacy group Consumer Action, they’ve launched a new online interactive Moneywi$e eLearning tool to help families learn about money management skills, including talking to kids about money.

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  1. It's amazing, but most Americans will lose everything only by missing two paychecks. This economy sucks. Thanks for our honesty and sharing your story.

  2. I know the feeling behind this post all too well. There are days (many days) when I am fearful that we are one day away from the unknown. One of the best lessons we can teach our children are those you point out, and to never take for granted that which they have.

  3. Kristi12:02 AM

    It happens pretty fast. It won't matter what mistakes you try to warn your kids about... they'll have to make their own to learn from them. Trust me on that one!

  4. Well said, Tuesday! And, on the flip side, our lives can come to a grinding halt without notice for any number of reasons, so there is also a price to be paid for deferring our pleasures. So we must strike a good balance between living in the day and enjoying life today, and socking away something for later on, too.

  5. I'm glad it didn't come down to losing everything.

  6. I can't imagine anyone not being affected by the global economy right now... these are difficult times and we all need to pay attention to what is happening - as you said, it can happen to anyone.

    Be well!

  7. Oh man. As I said in a previous comment, this is my first visit to your blog, but I can totally feel ya on this one. A year ago we lost EVERYTHING but our van and my husband's car. We lived in a 5th wheel at my parents house for 3 months, and then WITH my IL's for the longest 7 months of my entire life. It wasn't anything WE hours were cut severely, my husband couldn't find a job after finishing school, the land we lived on was sold out from under us and we were forced to move - with no money to do it. It was definitely an experience. WE're finally on the upswing and are still only 2 paychecks away from doing it all again. It's a scary world.


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