[upchuck]

The me-me-me generation lead to the now-now-now generation which lead to the spend-spend-spend generation. And now they're receiving their just deserts. People who live/spend like there's no tomorrow will eventually get caught.

IMHO, everyone, at least twice a year, should have a "I just lost my job" drill. Think about the implications, etc. You'll be better off.

[showme_the_Glory]

"IMHO, everyone, at least twice a year, should have a "I just lost my job" drill. Think about the implications, etc. You'll be better off."

IMHO I couldn't stand it twice a year. Once this year was plenty for me, even without a $4k a month mortgage.

[STONEWALLS]

"....IMHO, everyone, at least twice a year, should have a "I just lost my job" drill. Think about the implications, etc. You'll be better off."

....I always kept a minimum of one year's salary in cash/govt bonds on hand....it's expensive to do that but it buys a lot of piece of mind....companies are awful cut throat these days....the old idea of employer-employee loyalty is going by the wayside....you can't rely on the company to take care of you anymore....notice the screw jobs some retirees are getting on their retirements?....big name companies too....I expect it will only get worse in the future with more mergers, consolidations, globalization and out sourcing...

Good luck to everyone!

Stonewalls the Ant