I had a day of panic on Friday. Mr. FS and I have been cruising through the recession, secure in our tenured--albeit low-paying--positions. Then I woke out of my stupor. My state is facing a continued budget shortfall, and since the only areas not protected are (you guessed it) education and health, well.....
So, of course, I jumped to the worst case scenario: what if they close our school? Our students are the lowest "completers." What if--at age 56 and 58--we are cast to the wind, with our still-decimated retirement accounts.
Well, Mr. FS said, "It's too much trouble to shut down a school. This is a short-term problem. BlahBlahBlah."
My mind started racing nonetheless. Can't be an on-line bookseller, because there are at least 20 in my area. The other day, I saw a guy with one of those phone pricers that TALKED. He must have had it set to a floor price, because the gadget said, "No." No. No."
So we decided that we could rent out our house and stay in the little back house behind my father-in-law's house in beautiful Northern California. We could-probably for a low rent-help in his care. OR we could go to Costa Rica or Mexico for a while, as per my previous fantasy.
As Funny About Money--who has been living a real-life version of this scenario--has shown in her blog, planning ahead of the dire event helps reduce stress. DOESN'T IT????"