You have to understand that if Kamala wins, the people pulling the strings do not want you to prosper and survive. They want you on your knees.
This is their plan. Everything they do is working for that goal.
I understand you though. Things have been rugged for me too,
Not me personally, but my cousin shut down the family meat packing business that had been open since the 40s. This is in Chicago.
He said that all of his usual buyers just have no business. One huge one is just buying meat to freeze for later so they can keep their boners (knife guys) working since they are hard to find.
He closed up because of 90 clawbacks on bankruptcy. He was afraid one of his customers would file, and the courts would come to him demanding cash he didn’t have anymore.
I don’t understand how his business is slow if everyone is still consuming.
And I see that same issue in your post. If we are all still consuming, why are sales in your industry down?
My circumstances are such that finances are not really an issue. However, my son is in his early forties and has two children. He is a CPA and a good money manager. He would like to buy a house but can’t do it. He went through a divorce a few years back and shares custody of his two children. He had a house when he was married but I think it takes two incomes nowadays to have one.
My son went to Walmart for me and literally picked up 10 items (vitamin supplement/generic allergy med/ a few groceries) which he was able to carry in his arms without a bag. It cost $100.
If KumAllah is “elected”, it will not be more of the same, it will be worse. Shortages. Debt default. Gun confiscation.
At that point, 2024 will be considered the “good old days”.
If it is any consolation, even if Trump wins, the country is still going to crash at some point. The debt is unsustainable.
“If Kamala gets in there I don’t know how we can survive if we continue in this direction....”
We won’t survive, but that’s the plan.
“We are savers-—putting in 401K, stocks, mutual funds, some precious metals”
Retire if you can. Spend down your assets. Kamala’s Communists can’t steal from you what you don’t have.
When everything cost twice what it used to, and paychecks do not rise over twice the amount, then yeah, things are gonna be tough. Apparently though there is a vast amount of people that love being much poorer than they were when pres Trump ran the country, people who would rather have “free oblama phones” than to have their previous $1500 a month or so on average to spend on themselves and family.
Democrats are simply illogical creatures!
We have always put a little away monthly for emergency but haven’t been able to in a while.
Good post.
On the personal level—you need to adjust your spending to reflect your new (lesser income).
This may be very difficult.
The way to do it is create a budget—you can do this by identifying all of your expenditures in the past year and separate them into “unusual” and “routine” categories.
Then you can go through your “routine” expenditures and divide them into “must have” vs “like to have”.
Then rank the “like to have” list from the most important to you to the least.
Then nuke a few of the “least” on that list.
Hey, but you’re “employed,” so you go into the “low unemployment” statistics.
That’s how it works.
I supply to the gas utilities. Mostly the compressor stations. I have had 7 pipelines cancelled or permits put on hold. Some of these were to run gas pipelines to MA. where they still use a lot of heating oil. Note: Heating oil skyrocketed.
My strategy in riding this out (and the crash to come) is in two parts: 1) recently moving my investments out of the stock market (we will never be able to retire if they get whacked in half again, the recovery period is too long); 2) having a massive pantry, full freezers, doing canning, etc. In many ways, we are eating at 2020 prices because we stockpiled ahead of and during the pandemic, before all of this inflation. Right now, if you have a bunch of stuff in your pantry or freezer, be deliberate about using it and you can maybe postpone spending on some groceries.
I’m so sorry for your difficulty.
My income is $800 a month less and expenses are double from 4 years ago when I lost everything to the Almeda urban arson proven anarchists wildfire. I had to pay back emergency catastrophe funds to Biden after they decided it was a loan with $12,000 interest. They destroyed my lifetime perfect credit and have cancelled all my credit cards.
Then they breached Irongate Dam and destroyed all my families property and future.
Impossible to get medical care in the place I am stuck.
I’ll never be able to return to my community.
Now the park I am in is being condemned because of bad septic.
I’m terrified of being homeless again at 76.
I think there’s many more losing everything, especially if you have been outspoken for conservatism.
Just called a friend and told him I don’t see how we’re going to be able to keep going. Inflation is horrific. The government is apparently totally corrupt. God is not happy with this nation. Go to worship services. Work hard at being faithful, taking care of the wifey, grandkids and other people. Not working for us. Nation needs to repent, but folks will spit in one’s face for saying so.
#FJB
#FKHT
Were doing OK but only because we heavily invested in real estate and PM. We got out of everything else a couple of years ago.
Yup. Also having too much month at the end of the money these days. Never thought we’d do food banks but we do. Some of it is of our own doing but branDUHnomics is most of it. We consider gas mileage when deciding on going out. No joy rides just to go riding around/sightseeing. How much that will ease(?) shall be seen in Nov. We know it won’t be instant but it could be a start. God will still be in control in any case. 😊👍
I feel for ya, times are tough for a lot of people right now and it’s going to get much worse. When Barry the Muslim was installed as President, my wife and I changed our whole lives around and got out of Debt completely by selling one house, paying off the other then paying CASH for 2 more houses. I am one year from retirement and 100% debt free.
FYI Kamala said the other night she will save us from the policies enacted over the last 3 1/2 years by the last administration that have decimated the middle class.