Obviously, the Great Recession of 2007-2009 had an impact on the financial well-being of many families, but it … [read more]
The recent announcement of P&G’s decision to lay off 5,700 workers reminded me how vulnerable financial security can be. Even though our economy is recovering, many people are still afraid of losing their jobs. In January, my sister learned her company is laying off 40% of its workforce on April 2nd. As the sole income earner for her family, she has to wait and worry while she manages her staff until the announcements are made.