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Post by ebony on Jan 29, 2021 20:29:49 GMT
I graduated high school in 2011 so I only got to earn around $600 during high school, which I spent on textbooks after arriving at university. My mom worked at 3 separate banks so we moved in 2007 and 2010 so I didn't have a stable school environment. My dad lost his job as a car salesman around 2008 and went back to school to become a real estate agent. It made my parents stay married longer than they should have. When my dad established his career in 2011 that's when he finally left my mom.
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Post by TutuAnimationPrincess on Jan 29, 2021 21:40:38 GMT
It didn’t...if it weren’t for all the news and people talking about it I probably wouldn’t have even known it was a thing.
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Post by enigma72 on Jan 29, 2021 23:24:55 GMT
It didn’t...if it weren’t for all the news and people talking about it I probably wouldn’t have even known it was a thing. ^^ |
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Post by kls on Jan 30, 2021 0:01:20 GMT
If I recall we didn't get raises at work for a while. Didn't really notice any difference in my personal finances.
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Post by Stammerhead on Jan 30, 2021 0:10:30 GMT
I wasn’t affected much personally but government cutbacks made things a bit more difficult at work.
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Post by quagsjonny on Jan 30, 2021 2:37:36 GMT
I was in a huge consulting Engineering firm at that time, municipal development. Clients put a 'stop' on residential design programs. Developments in progress mostly moved forward slowly. Don't build residential when you can't sell existing homes. Our division took a massive hit in 07/08, mostly attrition, and relocation in the firm. We were also staffed with many young engineering grads, working to require the P.eng. That stopped as well. It was a hit. No bailouts in the private sector.
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Post by uncreative on Jan 30, 2021 2:56:27 GMT
It was right around the time I graduated college. Had to jump right back into grad school since there were no jobs and spent several years as an underpaid part timer until a real career job opened up. I also missed out on all the cheap houses at the time because of it. So between the earnings I missed out on and the inflated price I ended up paying for the house my net worth is probably at $250k less than it should be.
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Post by alpha128 on Jan 31, 2021 17:43:25 GMT
My employer suspended their 401k match for a while. They reinstated it after economic conditions improved. That was about it.
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Post by TheOriginalPinky on Feb 1, 2021 14:33:14 GMT
Huge layoffs at my then company of which I was a part. I was glad in some respects because the job was getting worse and worse with upper management not giving a shit and not caring to even understand that my areas were the companies three biggest spends (Automotive Fleet, Airline Travel Program, Meetings and Events). I had successfully operated these areas for years, saving millions of dollars do to good negotiating and management.
In retrospect, I didn't realize how it negatively impacted my physical health. I had a huge flare-up and had to be hospitalized.
But, it was a good time to be unemployed. I had a really great severance package and Federal Emergency Unemployment benefits kicked in after the state's 26 weeks expired. I was able to focus on my health, and also look for another job.
Financially, it didn't impact us; however, it took me 18 months to find another job. I like my current job a lot.
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Post by Marv on Feb 1, 2021 17:33:25 GMT
Got laid off from the job I used to have. I was fortunate enough to already be in the process of looking for a new one, which worked out. So all in all not much honestly. Although I moved back home when I was laid off.0
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Post by darkreviewer2013 on Feb 2, 2021 7:56:28 GMT
I'd just enrolled in a postgraduate law course in college and was still living at home, so it fortunately had no discernible impact on me.
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Post by Toasted Cheese on Feb 2, 2021 11:18:37 GMT
Were still in aren't we. All manufactured by Covid.
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Post by ebony on Feb 2, 2021 19:06:36 GMT
Were still in aren't we. All manufactured by Covid. i've been doing well financially since 2017. i've earned enough to choose to work fewer hours now.
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Post by Feologild Oakes on Feb 3, 2021 1:17:54 GMT
It did not affect me.
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Post by Toasted Cheese on Feb 3, 2021 7:00:22 GMT
Were still in aren't we. All manufactured by Covid. i've been doing well financially since 2017. i've earned enough to choose to work fewer hours now. It’s not the same story for all ebony. That is good fortune for you.
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Post by ᵗʰᵉᵃᵘˣᵖʰᵒᵘ on Feb 3, 2021 7:25:42 GMT
We didn’t get our annual work Xmas party for the years 2008 & 2009. Gypped!  |
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Post by Ass_E9 on Feb 4, 2021 19:19:49 GMT
Well, by the 2000s I was already well out of school. I do have fond memories, however of lesser recessions during which we would play tag or tetherball or basketball and the like.
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Post by JHA Durant on Feb 8, 2021 11:14:42 GMT
My community probably wouldn't have been too badly affected by the GFC, except for the fact that many people within it had dealings with a certain financial advice company called Storm Financial... During the worst of the crisis, Storm Financial collapsed, and thousands of people lost everything. Entire families were rendered bankrupt overnight, and elderly people lost their life savings, their homes etc. Myself and my family had no knowledge of this company at all, so we were fine, but a lot of people we knew were not so lucky. A lot of them left the community to find work elsewhere as a result, so local businesses suffered. Recovery took a few years. |
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