This economic mess is not getting better. I know gas price are down, oil prices by the barrel are down, the stock market is on an up swing and something is just not right( some have called it a momma thing). I know it looks good and sounds even better, but it's not. It has taken us over a year and half to get in this mess, it will not clear up in an week or two. Please don't think everything is find and dandy now. Don't let your guard down, please. I do not have a master's degree or PhD. in our economics, I'm a simple housewife/ mother. But I do know how to handle money in a home and business and what will happen when it's not used right. This will take years to fix, not weeks. Some of you see this as great news, and are going back to life as before. I am warning you to keep a hold of your money and keep watching your spending. This is not over, it's just starting. I don't know all the proper words for this mess, but I do know it's not as good as it looks and sounds. This money going out has to be backed by something, has to come from some where, Where? What? The US owes more money than we can pay back in years. The News has said that the people(you and I) have over used the credit system, and are in to much debt. Well I'm sure our debt is not as large as the USA's. What happens to you and I ,when we over charge our credit cards and can't pay them back and spend out side our means? Bankruptcy, can't pay our bills, no money for food. Now think a little bigger (times a few million+). What will happen when much more money is spent and borrowed on credit and can't be paid back on time?
The government has put a pretty flowered band- aid on this mess, while the sore below get worse. What's going to happen when the band- aid falls off? If you don't really see the sore, it does not hurt as bad and at times you forget it's there.
I think the worse and hardest times are to come. This is now I feel and what I think. A wolf has come in, in sheep's clothing. And I know some you think I'm over reacting and that's your right. But this is me and how I think and believe. I'm trying to pull the wool back off some of your eyes.
I'm not trying to start a panic or make things look worse than they are, just telling you all what I see. Every one wants things to go back to the way they were, and they will in a few years, but not now. I don't want more people to be blind sided this go around. Please prepare for your family, think twice before buying something, and pray a lot.
In all my life, I never thought I'd write posts like these. Why, now? I'm really not sure. I feel very strongly about warning people. This is not an area I know a lot about. But then when I put it in a family aspect and did some multiplying by big numbers it became a little more clearer.
I know I'm not alone in my thoughts. As a friend, Janet, came by last night and felt the same way. She too, sees people who think it's all getting better, but it's not.
Please pull the band-aid off and take a really good look. Are we in a recession and heading for a depression?
Do you agree or disagree with this post? I would really like to know. Becky
Comments:
I agree with you! I have seen so many of my friends just spend to the limit…then refinance and spend to the limit again and are just teetering on being bankrupt. Comment by Pamspride | October 15, 2008 |
I am totally, 100% in agreement with you. I think we have a very long journey ahead and there’s not anything anyone could do to make me loosen my grip on my pennies right now. This has been gearing up the last couple of years and now that it’s here, well like you said it’s not going to be going anywhere soon. On another note, I’m going to go ahead here soon and get that cheese starter kit you talked about and get going on the cheese making. I use a lot of it and it doesn’t come cheap in the stores anymore. I’m excited, I can’t wait to try my hand at this! Comment by D. | October 15, 2008 |
Becky, You are right! This is going to take years to fix. We must be wise. Tomorrow is payday and I’ll be stocking up on more staples as well as supplies for soap making (thanks!). This morning I gathered rose hips for drying to make tea this winter…full of Vitamin C. (see Carla Emery’s book) We will need to be healthy…who knows what the government will do to health care. There is much to do to prepare for winter and the rough road ahead. Blessings to you, Linda J. Comment by http://valleyvisions.blogspot | October 15, 2008 |
I absolutely agree! I love your line about a “flowered band-aid” on the mess. That is SO true. We are not going to shovel out of this one for quite a while. I believe that when the going gets tough, the tough get going….therefore, I’m in preparedness mode. I’m buying what we need for today and for tomorrow. I’m doing my best to get the best deals on everything and thinking ahead to what will be needed in the future. Thank you for sharing your wisdom, Becky. It is very much appreciated. Hugs, Joyce Comment by Joyce | October 15, 2008 |
I very much agree! Unfortunately we are in debt..way too much! Got sucked into the world’s way of thinking and now….well, our eyes have been opened, but a little late. We are pinching every penny until it screams! We are determined to pay off this debt. I am looking for an evening part time job, or something to bring in extra income (I’m a stay at home Mom). I feel an urgency down deep in my spirit to prepare! I agree with your view on this 100%! Comment by Wendy | October 15, 2008 |
Becky, I totally enjoy reading your blog! I don’t know if you are right or not, but I do think that we should be prepared for any likelihood. The information you have posted over the last few days has been fabulous. Thanks! This financial mess has taken years, even decades, to come to this point. Lots of finger pointing, but really it’s about our society and our inability to do the right, ethical thing in our jobs. Lots of people making unethical or uninformed decisions that keep snowballing. I don’t know if we will face a disaster similar to the great depression, but I keep holding out hope that we won’t. One thing I do know, is if people expect it, it’s more likely to happen. (Becomes a self-fulfilling prophesy). If we all stop spending money, then companies will go out of business and people will lose their jobs. If we all take our money out of banks, then they will run out of money and go under (unless the government steps in to guarantee things, which it has done). I’ve cut back spending as well, but I haven’t quit using the people that I know rely on my business to stay afloat. Maybe that’s naive of me, but I’m lucky enough to have a years supply of food on hand and enough cash to get us through a short rough patch. Plus both my husband and I are hard workers and have a good family and friends support network, so I think we’ll weather things better than most. Just my thoughts. Comment by DeeAnn | October 15, 2008
Wendy - We are in the same boat. Our eyes have been opened, but WAY too late! But now we are making sincere efforts to try to pay down some of our debt! In the process though, i am stocking up on what we will need at the best price available NOW.
Becky - Once again you have “hit the nail on the head”. Unfortunately we were very stupid for a very long time and are not in a position where we will weather any economic downturn easily. I just hope we have had our eyes opened early enough to at least avoid the loss of our home if things get really really bad. I will NEVER be the person I was again!
I am in a MAJOR preparation mode. We got our new freezer today. Unfortunately it is a lot smaller than our old freezer (they don’t make them that big anymore) so i am going to have to rethink our stocking of frozen food. However as “scratch” ingredients have so much less packaging I am going to now do away with ALL prepackaged frozen food and stock ONLY meats and things purchased at our local butcher. As another poster said…I need to spend money to prepare, but I will spend it where it will benefit the people of my local community the most! The last time I checked “Banquet” and “Oncor” weren’t my neighbors! Comment by Linda | October 15, 2008 |
Becky, you are absolutely right! I have been saying for along time that this was coming and now it is here. I love your website. I have started storing extra food and I will continue to do so. I feel the Lord has laid it on my heart to prepare for what lies ahead. I want by family to be prepared. People need to wake up and see that we as a country cannot keep going the way we going. We cannot spend more than we make. I have asked the Lord to help me be content with what I have and He has done so. Keep up the posting…I love learning from you and I will be praying for you and your family. Jackie Ringgold, VA Comment by Jackie | October 15, 2008 |
Becky, you are so right. My family members, except for a son who LIVES IN THE WORLD, and cannot be reached mentally as I write this. We are in prayer for him and his family. As to the rest of us, we are in a state of preparation. I am going to town tomorrow to order the book you wrote about yesterday for my sister, as a birthday gift. She has chickens who are laying eggs (about 14 a day;) my brother-in-law is raising four cows that will provide meat to five families this winter. We read your postings daily and appreciate so much what you are sharing. I believe, as you, the government has put a band aid on a wound that may never be repaired in our lifetimes. Thanks so much, please keep at it, as your information is very much appreciated. Comment by Kay Peebles | October 15, 2008 |
Pamspride, Thank you for the link on monogrammed handkerchiefs.
D. Please let me know how you like your kit, it really is fun. And saves you loads of money. How have you been?
Linda J. Thank you for the saying you left on part 2, it was a blessing to me, and really made my day. A friend of my is making me some Colloidal Silver Water - natural antibiotic, to keep on hand here at the house. I first tried it a few weeks ago with a very bad ear infection on my self. And it worked great. Those of you who don’t know what this is, please goggle it, and I’ll put in a up coming post.
Joyce, I’m so glad you are preparing, for today and tomorrow. And your welcome, I’ll do all I can to help others make it.
Wendy, I don’t know of anyone that is not in some kind of debt. But you keep making those penny scream. Keep me update on your job hunt.
DeeAnn, Thank you for your thoughts. I agree with buying from businesses, and buying locally, for things that are needed. But some people are buying like everything is fine and dandy. I don’t want people to pull their money out of banks, but just to spend it more wisely. Thank you for stopping in. Looking forward to hearing more from you. have a great day.
Linda, I know what you mean about not being able to buy the big freezer any more, that’s why I have to have 3. and your wise about not stocking up on prepackaged frozen food, they take up a lot of room and cost a lot. You can also can meats, which I’ll post about soon.
Jackie, Thank you for stopping in and for your prayers. The “content” in what we have is going to be really hard on some.
Kay Peebles, You will not be sorry about buying the book. And you’ll be on your sister great list.
Thank you all. In posting your comments, you give others and myself ideas. And I know what to post next. If you have something you’d like me to write a post about please let me know. No, I don’t know everything. All I want to do is help others with what I do know and have learned. God bless you all. Becky Comment by jordansfarm | October 16, 2008 |
Becky: I so much agree with you. I wonder if mothers in particular are especially feeling the need to get cracking (even though we can’t explain what happened). We are responsible for the health of our families and for preparing for times of hardship. If our family is threatened, we kick it into gear! I’m trying to turn some of our dollars into seeds, fruit trees, hand tools etc. You can’t eat a $20 bill! Kris Working hard at http://www.sccworlds.com Comment by Kris | October 16, 2008 |
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