Seattle Bubble

News & discussion about real estate & the housing bubble in the Seattle area.

Seattle Bubble - News & discussion about real estate & the housing bubble in the Seattle area.
 
It is currently Tue May 21, 2013 2:54 am



Post new topic Reply to topic  [ 19 posts ]  Go to page Previous  1, 2
 Genie lay-offs and others.... 
Author Message
Bubble Banter Boss

Joined: Sun Jun 17, 2007 11:04 pm
Posts: 621
Post Re: Genie lay-offs and others....
Dave0 wrote:
Or you could just teach your kids good personal finance skills, like always having 3-6 months in living expenses on hand, don't go into debt so you can cut back on expenses when times are hard, always make more than you earn, etc. and he/she will be able to ride out recessions like this and be able to do whatever career he/she wants.

Good advice. However, it's looking like some careers will be tough to have for 10+ years.


Fri Sep 25, 2009 10:40 am
Profile
a brief commercial break
A Word From Our Sponsors


 
Seattle Bubble would like to thank the above sponsor for their support.
Bubble Banter Boss

Joined: Sun Jun 17, 2007 11:04 pm
Posts: 621
Post Re: Genie lay-offs and others....
The Tim wrote:
The only reason I was able to do that was because of the financial discipline instilled in me by my parents. I graduated college with close to $40,000 in school debt, paid it all off in just over three years, bought two (used) vehicles with cash, got to zero debt, built up a nice buffer of cash savings, and avoided letting my spend inflate with my earnings.

Good for you. The best financial advice I got came from a chronic alcoholic. He reached a point where couldn't work, but still managed for years. I found out it was because he had religiously saved 25% of every paycheck.


Fri Sep 25, 2009 10:53 am
Profile
Bubble Banter Boss

Joined: Sun May 20, 2007 11:40 pm
Posts: 540
Location: Bellevue
Post Re: Genie lay-offs and others....
Thanks for destroying the economy The Tim. Now go and repent by breaking some windows.

_________________
Remember, if you rent it's not a home, it's a hovel.


Fri Sep 25, 2009 4:41 pm
Profile
Bubble Bloviator

Joined: Sun Aug 05, 2007 9:20 am
Posts: 303
Post Re: Genie lay-offs and others....
Oh my goodness. Look what two former Genie workers are doing:

http://seattletimes.nwsource.com/html/l ... ts26m.html
Better this than becoming loan mod sharks.


Sat Sep 26, 2009 1:53 pm
Profile
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 19 posts ]  Go to page Previous  1, 2


Who is online

Users browsing this forum: No registered users and 2 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
cron
Powered by phpBB © phpBB Group.
Designed by Vjacheslav Trushkin for Free Forums/DivisionCore.