am i the only one affected by this economy

[t316]

Originally Posted by Culp
http:///forum/post/2970994
even though i have a crappy retail job at Meijer making $7.75 a hour and too am stuggling. my hours have been cut from 40 hours a week to 25 to 30 hours a week. so before taxes i am making only between $190-$232.50.
so $760- $930. i know people get get unemployement of more than what i make a month and they are just sitting around at home!
Yes, I have relatives doing this and it just pisses me off. I can somewhat understand their argument, like you said, they are making more drawing unemployment, but if you are able bodied, why add to the strain on the system which makes me pay for it?

 

[stdreb27]

Originally Posted by T316
http:///forum/post/2971005
Yes, I have relatives doing this and it just pisses me off. I can somewhat understand their argument, like you said, they are making more drawing unemployment, but if you are able bodied, why add to the strain on the system which makes me pay for it?

Why not? Free riders are why socialism doesn't work. If that is what they are going to do we've might as well break it sooner than later...

 

[sickboy]

On one hand I'm glad they lengthened the unemployment length for those that do need to pay for their homes, but at the same time, people will just put in their couple apps a week and do nothing until it runs out.

 

[sickboy]

Originally Posted by stdreb27
http:///forum/post/2970797
I have a moral dilema with that. Do I take the money that I shouldn't be taking? Or do I not take the money?
Yeah, I have been feeling kinda guilty, but then I realized that the Bush/Obama combo is gonna make us fork over half our checks for years to come to pay off all of this debt so I might as well take some while I can. I can't complain about paying for other peoples house if I take it, so...... I want a house.

 

[bullitr]

Originally Posted by reefraff
http:///forum/post/2970663
I just looked at a 3 bedroom, 1 bath house with a 3 car garage that isn't 4 years old. 104.5K. Has an HOA which is a drag but we are thinking about it.
if you can buy house now i buy as much as you can.
i bought at the wrong time for ex i bought a rental for 350k 2 years ago now its only 100k and my tenant did not pay me for 7 months i loss more than 150k plus the bank won't take a hit (short sell) thats why i bought this new house 8 months ago value at 1.5 m 2 years ago bought for 750k (it was foreclosure a lot needs to be fixed) good luck

 

[bullitr]

i have 10 % pay cut for 10 k a year starting next pay check
i just glad that my wife makes more than me

 

[reefraff]

Originally Posted by sickboy
http:///forum/post/2970672
You should see the stuff here! Its nuts. It sucks for everyone that got hit by the housing crisis, but I'm gonna have a sweet house with nothing down (except Obama's 8K, the only time you will see me praising the stimulus bill)! 120-130, 2-3 yrs old at 4.8% fixed, thats pretty much less than I pay for rent once I knock out the second mort.gage in 5 years....
Right place at the right time, good for you.

 

[reefraff]

Originally Posted by bullitr
http:///forum/post/2971688
if you can buy house now i buy as much as you can.
i bought at the wrong time for ex i bought a rental for 350k 2 years ago now its only 100k and my tenant did not pay me for 7 months i loss more than 150k plus the bank won't take a hit (short sell) thats why i bought this new house 8 months ago value at 1.5 m 2 years ago bought for 750k (it was foreclosure a lot needs to be fixed) good luck
If I buy that house and everything goes to hell in a hanky I have the resources to pay it off. I also just looked at a 3 bedroom, 3 bath with a 2 bedroom 1 bath carriage house and 3 car garage. Both were just deluxly remodeled and look like model homes inside. 180 grand and about 3 miles from the wifes work. Decisions decisions.

 

[scsinet]

Originally Posted by Culp
http:///forum/post/2970994
even though i have a crappy retail job at Meijer making $7.75 a hour and too am stuggling. my hours have been cut from 40 hours a week to 25 to 30 hours a week. so before taxes i am making only between $190-$232.50.
so $760- $930. i know people get get unemployement of more than what i make a month and they are just sitting around at home!
There's a lot to be said for an honest day's work for an honest day's pay, my friend.
You can't say that about mooching.
You're doing the right thing.

 

[bang guy]

Originally Posted by Culp
http:///forum/post/2970994
even though i have a crappy retail job at Meijer making $7.75 a hour and too am stuggling. my hours have been cut from 40 hours a week to 25 to 30 hours a week. so before taxes i am making only between $190-$232.50.
so $760- $930. i know people get get unemployement of more than what i make a month and they are just sitting around at home!

Have you called your State's Unemployment? You may be eligible to collect unemployment for the 10 hours you are missing every week.
This is NOT a handout, it's insurance that you have paid for. It's like getting a check to fix your car after an accident.

 

[socal57che]

Originally Posted by Culp
http:///forum/post/2970994
even though i have a crappy retail job at Meijer making $7.75 a hour and too am stuggling. my hours have been cut from 40 hours a week to 25 to 30 hours a week. so before taxes i am making only between $190-$232.50.
so $760- $930. i know people get get unemployement of more than what i make a month and they are just sitting around at home!
Many, infact most...and probably all of us have been where you are. What you are doing is honorable. Keep doing this and someone will notice. My wife recruits people from low paying positions who have a good work ethic. If you continue to work hard and have a good outlook, you will be rewarded in one way or another...even if it's going to bed each night knowing you are not adding to the "mooching" problem.

 

[jackri]

Our area hasn't been affected nearly as bad as the rest of the country... but wife and I keep making more money each year -- trying to get the house paid off 20 some years early. Have no other debt and say what you want about your credit scores but not having payments makes life pretty stress free. No credit cards open at all and my paycheck goes in my pocket to regular bills and investments (and into my hobby).