My income has been quite good for quite a time. My wife also works, parttime (for 20 years a physiotherapist, now teacher in elementary school). We even had the opportunity to save some money, notwithstanding the fact that we have three teenagers to feed. Athough, the amount we saved is not what it could have been. I'm not sure how long we could afford the same living standard if hard times started. I do have a disability insurance. But I fear that my pension will be quite low.
Today I read in the newspaper that it happens a lot in the States that people with good income and good living standards get fired suddenly and soon have to sell their car and house, due to credit accounts.
How do you cope?
Groet,
Peter de Valença
Constructive frustration is the breeding ground of genius.
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