My wife and I have been fortunate enough to keep our jobs. However, the real (and inflated) fear of losing them combined with stagnant wage increases and the high cost of energy and goods inspired me to reflect on my financial situation.
Realizing that something needed to change, we decided to start digging our way out of debt and living on a strict monthly budget. So far, we've paid off $17,000 in debt and have managed to increase our incomes as well. Thank you, bad economy.