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I'm with Bill
Join Date: Feb 2005
Location: Jensen Beach, FL
Posts: 13,028
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This is why I paid my Mortgage off and OWN everthing I have outright.
If it comes down to it I could get by on $500 a month if need be. I predicted that in 2 years from the election the economy will be mush.
I see a big recession right around the corner. I own my own business that depends on good interest rates to keep busy. I remember in the late 80's my old boss predicting the recession and warning all of his employees to tighten up their home budgets. I sold a "toy" car and simplified my life and did well as my hours and pay was cut through the "Reganomics Fallout" of the late 80's Early 90's.
I have made the same suggestion to my employees now. I told them that in 2 years (now 18 months) to have their financial affairs in order and prepare for a huge slow down in the economy. I am almost ready 6 more months and I am prepared to flip burgers for a living if I have to.
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1978 Mini Cooper Pickup
1991 BMW 318i M50 2.8 swap
2005 Mini Cooper S
2014 BMW i3 Giga World - For sale in late March
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