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About LinnieT

  1. It could happen to anyone

    I know how you feel. I've been married for 47 years. Both my girls are in their 40's with kids of their own. I know that both my husband and I did the best that we could. I have no regrets but I'm sure when they were young that I second guessed my decisions often.
  2. It could happen to anyone

    I have read almost 3/4 of this book and I am struck by the fact that what happened to this family could have happened to mine in 2008 when the market crashed. My husband worked at an investment bank that went belly up. Thank goodness that he was one of the 2 1/2% of employees that got to keep his job. I have no idea what would have happened if he'd lost his job as it would have been his third job loss in six years. There's nothing scarier than having done really well on one's job and reached a pinnacle of success and then poof it's all gone. I know what it's like to wake up in the middle of the night and wonder how you are going to pay the bills after a job loss and after the paychecks stop coming. Most of us at that age are paying off college tuitions for our kids. At the age that my husband had his first layoff he thought he would have at least another 13 years left to work. Unfortunately at the age of 50 a lot of people in financial services get axed in order to make way for someone younger whose salary is quite a bit lower than someone who has worked 30 years. I found this book very believable and frightening because it can and did happen to millions of people across the country. Some of those people never recovered from their losses and I cannot think how they were able to manage when they could not find another job. And yes, I could have lived in a cabin and did whatever it took to survive. But I would have to say that we'd have made terrible farmers. My grandfather owned a farm and had chickens. I do remember going into the chicken coops to gather the eggs but that was over 60 years ago.