Vote: How Is the Economy Affecting You?

May 29, 2008 RSS Feed Print
  • Comment (5)

The verdict is in: Americans are worried about the economy. The latest evidence comes from an AARP nationwide survey that asked respondents ages 45 and over about how they have responded to the slowdown. Most participants said that the economy is in bad shape and that they have changed their own behavior to adapt. Among the findings:

  • More than 1 in 4 respondents said they are having trouble paying their mortgage or rent.
  • About a third said they stopped putting money into their retirement accounts.
  • About a quarter said they postponed plans to retire.

Now it's your turn: vote in the poll below.

Vote: How are you feeling about your own economic situation?

Freaking out. I'm subsisting entirely on peanut butter and adrenaline, and I've hidden all of my money under my mattress.
A little nervous, but I'll get through it. Thank goodness for eBay and Costco.
What, me worry? I'm going to go shopping right now, and I won't even break a sweat.
Recession? I won't trouble myself with such notions. Fetch some caviar, please, and bring my Birkin bag with you when you return.



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louis vuitton bag of IN 9:47AM December 01, 2011

This economy is brutal. I am a stay-at-home mom. A month after we found out baby no. 2 is on the way (YEAH!), my husband got down-sized when his company had to cut costs. It's been a few months and he's had multiple interviews, but the job search is going at a snail's pace. It's a little unnerving. To help in the job search, my husband set up the website: hiremydaddy.com.

Danielle Graham of AZ 4:31PM August 27, 2008

Part of me is glad I'm still in school for this economic correction. My friends who are working have gone in to work one day only to find out there would be massive layoffs, luckily they survived the first round. I just hope the situation improves by the time I graduate next year....

Veronica of NY 5:38PM May 29, 2008

Alpha Consumer

Kimberly Palmer, senior editor for U.S. News & World Report, writes about making smarter financial decisions. She’s the author of Generation Earn: The Young Professional's Guide to Spending, Investing, and Giving Back.

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