I just read the average household income in the U.S dropped nearly $2000.00 dollars in 2009 to $48,500 for a household of two working people. Have you been affected by the economy? I know some of us here are in the U.K or other countries, how is the economy where you live?
I'm in the UK and have not noticed any major change in my income. If anything, it's become a bit higher over the past year, because as the pound dropped I started favouring clients who pay in euros and dollars over those who pay in sterling. I get 10-15% more than when I charge on my sterling rates. However, I guess I'm lucky because as a freelance I stand or fall by my work alone rather than relying on a company run by others. I was fairly scared when I walked out of employment at the end of 2003, but now reckon it was one of the better decisions I made in my life.
Don't know exactly how much our household's income dropped last year but drop it did.
My hours at work got cut, and I already work part time and my husband, a letter carrier, lost all overtime last year, the first time in 14 years. And things at the USPS aren't looking too bright. Didn't realize exactly how much those extra hours made a difference until they weren't there any more.
Both my sister and sister-in-law have been affected as well. One is a partner in a construction company and that area isn't doin well either. The other might lose her job when her medical office closes -she's already had her hours cut too.
Still making it but yeah - it's affecting us over here in NY.
My dad got laid off early last year for about three months after being at the same job for 17 years but found another job that pays about the same as his old job so he got lucky. I was out in Upstate New York a while back...love the Adiorndacks..can't wait to go back. Hope things get better for you soon
That's cool that your dad found another job that pays the same. Glad that it worked out well
Thank you for your kind words I always try to remain positive and put out good energy. I'm sure that things will start picking up. The will works wonders!
Upstate NY is beautiful! The Adiorndacks are about 5 hrs away from me. Haven't been up there since the kids were born. No one in my household (other than me) likes to be in a car for more than 3-4 hours. They might just all have to "man up" (even my daughter) this year and deal! I think you just picked out a nice long weekend getaway for us
We rented a lake house in the little village of Indian Lake..is was so nice. I got some pic's on a hub I wrote about the Adirondacks..too pretty up there...I grew up in the mountains of Colorado, Wyoming and Montana...and have to say I think I liked it just as much as those...maybe more?
Must have been nice growing up in the mountains. Any place where you are surrounded by nature's beauty is wonderful but the mountains offer a different kind of "zen feeling" than let's say the beaches do. There you are truly at one w/nature. Glad NY can compare
My buisness is about average maybe up a bit but, my wife makes way more than me and she just keeps going up no slowdown in site. Over the last year or so they've increased volume by 150%. I know thats not the same everywhere but Texas is hanging in there!
i lost my job in October but cant say its because of the economy - i was in a terrible work situation and although right now I have no income I feel totally comfortable with how things are and where my life is going. (cuz i'm taking the opportunity to go to college & i'm writing instead of thinking about it)
"I just read the average household income in the U.S dropped nearly $2000.00 dollars in 2009 to $48,500 for a household of two working people. Have you been affected by the economy? I know some of us here are in the U.K or other countries, how is the economy where you live?
I'm just across the river from those guys in Iowa..in Nebraska. Pretty close to goldenpath and the other girl...whatshername???"
Storm, I'm a bit confused....in your OP you state "some of us here in the U.K." and then again state" I'm just across the river from those guys in Iowa" - so are you in the states or the UK?
It's a toss-up as to whether the economy will get better or worse in the coming months and years. But experts are saying that if you're of retirement age then take the Social Security money and run. Don't continue to work to increase your retirement allotment. With the U.S. economy in complete upheaval, monies from one entitlement fund might be used to support another -- kind of like a legalized ponzi scheme. Entire countries are going bankrupt, the Euro might be dissolved, and if anybody thinks the U.S. can overcome a trillions-dollar national debt they're sadly mistaken. Entrench, save (in a sock), and hunker down.
In my world the recession has created a major impact. I have gone from 125K a year to unemployment of about 17k. I apply for positions and the feedback I get from employers is I am up against anywhere from 3-600 applicants for one position!
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