February 2009Los Angeles, CA
Recession hits home.
Almost 10 million people have lost their jobs. More than 200 people line up in front of a Triftshop opening up in OC in hopes of getting hired for one of the 22 positions available, with salaries ranging from $10-$12/ hr.
Some of my friends have lost their jobs.
And all of them are trimming down somehow not knowing if tomorrow they'll be forced to clear up their desks.
After my emotional breakdown at work that lead me to quit my job, I can say I am one of the fortunate ones who have a job and though I could use a pay raise, I can't quite complain about the paycheck either.
My stepdad always told me that if I learn accounting I can make a pretty decent living and I'll never be unemployed. As much as I hated accounting, truth is I owe it to him the fact that I was able to find a Job at a time when Jobs are a hot commodity.
Yesterday as I spend 2 hours looking for my checkbook in order to pay my rent. I then realized that not knowing where it was also meant I had no idea of what my account balance was or how much my credit card bills were running these days. It was chocking to realize that the credit cards balance are blown up to slightly over 4k and that my account balance after paying this month's rent and a chunk of the credit card bills is only $900, that will have to last me until the next paycheck hits the bank....... on February 28th. Yes my friends.... I had just deposited my paycheck 2 days before.
Conclusion...... accountants can sometimes suck at managing their own finances.
I will not cry about this. In fact not one single tear has been shed.
Lessons are repeated until they are learned. Hopefully this time I have mastered this one.
So here it is for all the word to see how a Recessionista under the influence will turn her life around and profit from a recession that has hit very close to home.