Familiy resilience in the wake of the 2008 financial collapse

26 Apr

Just before the bottom fell out, he’d quit his job, she needed extensive medical care, and their daughter had her ills. They were well-fixed, however, having earned good salaries and socked away lots of $$$ in their 401K’s. Then Wall Street Roulette went bust and he couldn’t get a job, not even call-backs. But they still had bills to pay

They’ve managed, have grown, and are happy:

When something can’t be paid, we go without until it can. We were given a gift certificate for a meal out, and I tell you, that steak tasted better than any other I’ve had in my life. The value of what we purchase is rated by a new metric: what we truly need and will enrich our lives. That’s a lesson I don’t think we would have learned bumping through life with little thought about the cost of milk or gas. And the issues that lay behind those costs — like our dependence on oil and the importance of up-cycling resources to manage our waste — would have remained distant.

Full story at Salon.


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