Have you benefited from the recession in any way?
Have you benefited from the recessin in any way financially or otherwise. Were you able to buy real estate at low cost or buy investments that are now paying off
I think that it's been good for me personally to take stock of my financial life. To rethink credit, in my situation, quit using it- and take saving more seriously. I think we had been lulled into thinking that our economy was infallible, that we would never face anything like the Great depression again because we were so "beyond' that in our modern economy. This has been a reality check and an opportunity to do things the right way, delay immediate gratification, and look at what is truly important, in our own lives and in our country.
One of the main benefits is having lower monthly payments on my "home loan", the loan that I took before the crisis(don't know how to say it in proper english). Since the Euribor(European interest rate) is very low, the monthly payments are also lowering since the beginning of the crisis.
I was able to benefit in a few ways...First of all this era forced me to review expenses and loans. I have been able to recover over 400 a month by refinancing and dropping unnecessary things like the home telephone line (I use my cell 95% of the time). Good luck and I would be happy to share all the ways I cut on expenses...cheers
I think it has been a good opportunity for everyone to reassess their lives, work, their home, their family lives and their priorities.
Without low interest rates and stable house prices, people have not been tempted to overstretch themselves and borrow money that they cannot repay just because they feel "rich".
For myself I just feel lucky I have a stable job, small mortgage and no major borrowings, we can ride out the next 3 years and not worry about the bank or the credit card company.
by Scott Belford 7 days ago
This is, of course, an open question since he has just started his four years, but since the RINO Party is already saying defeating Covid and growing the economy is a disaster, I thought I would start a thread that proves them wrong.I just listed two things he has done:- Got America well on its way...
by cliffordh 13 years ago
I was one of many individuals yesterday that, was disappointed in the Senate�s refusal to fund emergency unemployment benefits for millions of Americans across the country who, were in desperate need of it, using the catchall excuse their reluctance to add more to an already growing deficit...
by Ralph Deeds 12 years ago
Floyd Norris, NYT chief financial writer thinks so.It has been three decades since the United States suffered a recession that followed on the heels of the previous one. But it could be happening again. The unrelenting negative economic news of the past two weeks has painted a picture of a United...
by seanorjohn 13 years ago
Do you think a conservative government would lead us back into a recession?
by Renee S 12 years ago
It's really tough times now. Have you been laid off? Are you suffering financially?
by Gary Anderson 14 years ago
The consumer is the catalyst of our economy. The consumer is tapped out by bad loans, too much credit, by a greedy banking system that wanted profits before responsibility. Option arm loans, credit card loans, and other debt will put a dangerous strain upon the economy through 2011 at least. Even...
Copyright © 2024 The Arena Media Brands, LLC and respective content providers on this website. HubPages® is a registered trademark of The Arena Platform, Inc. Other product and company names shown may be trademarks of their respective owners. The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website.
Copyright © 2024 Maven Media Brands, LLC and respective owners.
As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.
For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://corp.maven.io/privacy-policy
Show DetailsNecessary | |
---|---|
HubPages Device ID | This is used to identify particular browsers or devices when the access the service, and is used for security reasons. |
Login | This is necessary to sign in to the HubPages Service. |
Google Recaptcha | This is used to prevent bots and spam. (Privacy Policy) |
Akismet | This is used to detect comment spam. (Privacy Policy) |
HubPages Google Analytics | This is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy) |
HubPages Traffic Pixel | This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized. |
Amazon Web Services | This is a cloud services platform that we used to host our service. (Privacy Policy) |
Cloudflare | This is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy) |
Google Hosted Libraries | Javascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy) |
Features | |
---|---|
Google Custom Search | This is feature allows you to search the site. (Privacy Policy) |
Google Maps | Some articles have Google Maps embedded in them. (Privacy Policy) |
Google Charts | This is used to display charts and graphs on articles and the author center. (Privacy Policy) |
Google AdSense Host API | This service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy) |
Google YouTube | Some articles have YouTube videos embedded in them. (Privacy Policy) |
Vimeo | Some articles have Vimeo videos embedded in them. (Privacy Policy) |
Paypal | This is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy) |
Facebook Login | You can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy) |
Maven | This supports the Maven widget and search functionality. (Privacy Policy) |
Marketing | |
---|---|
Google AdSense | This is an ad network. (Privacy Policy) |
Google DoubleClick | Google provides ad serving technology and runs an ad network. (Privacy Policy) |
Index Exchange | This is an ad network. (Privacy Policy) |
Sovrn | This is an ad network. (Privacy Policy) |
Facebook Ads | This is an ad network. (Privacy Policy) |
Amazon Unified Ad Marketplace | This is an ad network. (Privacy Policy) |
AppNexus | This is an ad network. (Privacy Policy) |
Openx | This is an ad network. (Privacy Policy) |
Rubicon Project | This is an ad network. (Privacy Policy) |
TripleLift | This is an ad network. (Privacy Policy) |
Say Media | We partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy) |
Remarketing Pixels | We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites. |
Conversion Tracking Pixels | We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service. |
Statistics | |
---|---|
Author Google Analytics | This is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy) |
Comscore | ComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy) |
Amazon Tracking Pixel | Some articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy) |
Clicksco | This is a data management platform studying reader behavior (Privacy Policy) |