three words that make you want to punch someone in the face (not actually of course) (How has the Credit Crunch affected you?)

Member Name: MissTierney

Product:	How has the Credit Crunch affected you?
Date:	05/02/09 (81 review reads)
Rating:

Advantages: wake up call

Disadvantages: financial instability

The credit crunch. Probably the most over-used and irritating three words in my life right at the moment. I can't get away from it.
The media are, bless their good hearts, informing us about anything and everything to do with the state of the economy, and I can't even have a conversation with anyone without reference to the credit crunch and the weather! How depressing!
I think its the "We're all ****ed" attitude that grates after hearing it twenty times a day. It makes a sunny day outside, pretty miserable TBH.
Yes, we have been idiots, (well most of us - myself included) taking luxuries for granted, and the whole "have now - buy later" approach to everything.
When things get tough, people realise how neglectful they have been with their money and their lifestyles. However I do think its healthy to shake things up every once in a while - bring you back down to earth and understand the difference between need and want.
There have been economic downturns in the past, as there will in the future. Its a fact of history, life. And as in the past, it could take years but things will change and get better.

The company i work for are selling up. Luckily (fingers crossed) i have something in the pipeline but its all very unpredictable, as i am sure is the case for almost everyone else at the moment.
It is tough for a very large amount of people. In fact i know barely anyone in my friends and family network unaffected by "the credit crunch." It's an uneasy time.
Redundancies, 4-day working weeks, 3-day working weeks, or for some people, no redundancy, little notice, and no job.
People are faced with getting into debt to keep up payments of mortgage/bills, and those who can't even get credit are faced with sharks, or selling their home - which they have worked hard to build, at a silly price because there is no other way.
The jobcentres are filling up and the people who work there are unable to do their jobs properly helping people in desperate need to find work, because they are understaffed and unable to cope with the vast new quantities of people now needing to sign-on.
People are reading newspapers and not spending their money in shops, so in turn cashflow is drying up, they are going into administration, and so-called "loved" shops such as Woolworths are no longer on our high-street because of it.
Its not pretty but we are all aware.
I put the media at much more fault than the government and believe only the media will be able to put things right, eventually.

Summary: Don't allow the media to control you