As unemployment increases, credit decreases and times get tougher for everyone, the chances of you or one of your family members being personally affected goes up. That’s what is happening in my family- my mother’s work is cutting back on her hours, and my father’s business, heavily dependent on customers, is becoming worrisome. Personally, my own hours at work have been cut back, leaving me dependent on my government subsidies for school.
I don’t really know how to react to my parents’ financial concerns. I feel worried and afraid for them, and it’s not made easier by the fact that I live so far away. It’s not like they are looking for advice either, just commiseration and a sympathetic ear. That, at least, I can give them lots of- I have unlimited international phone calls!
How has the recession affected you and your family? Has somebody you know lost a job? What do you say to friends and family members with financial concerns? What would you like others to say to you?