Glass half empty, glass half full.
If you’ve been hit hard by the Great Recession, you probably have more bills than you know what to do with. A job loss, for example, not only means less income but a cascade of negative financial events. When people are struggling with unmanageable debt, they often try to throw every penny at debt and leave off saving for less urgent needs like retirement and college funds for the kids.
Despite the Great Recession being officially declared over, it’s still a tight job market. Many people remain unemployed, while others are still worried about their job security. Even some in stable jobs feel they can’t afford to take risks.