InDenialMoney.com

Facing your finances head on

Entries for January, 2009

Laid-Off? Social Media Playing It’s Part

I’ve been interested to see quite a few resources popping up around social media circles building communities around people who have been the unfortunate victims of the global financial crisis.
Perhaps we can call it laid-off 2.0 or recession 2.0? Someone has probably already come up with a name ;)
This morning on Twitter a few tweets [...]

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Surviving without a job – Part 2

This is the 2nd and final part to Surviving without a job.You can read Part 1 here.
Don’t be too proud
This is probably the single most important thing I can share with you.
I work in IT and all my previous roles saw me in Management. My last stint all be it brief was as a Director.
After [...]

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Economic Slowdown in China Hurting Australia

This could have significant consequences for the Australian economy. I have never been comfortable with what appeared to be an over confident belief in Australia that we should basically put all our eggs in one basket. In this case, China’s basket. 12 months ago we were booming and it was all due to a strong [...]

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Surviving without a job

This is Part 1 of my series on surviving without a job. I hope it helps those of you currently facing job loss.
There are millions of people around the world that have become the unfortunate victims of the global financial meltdown.
Losing your job is probably one of the most stressful and frustrating events that [...]

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Gen X facing economic reality check

I enjoyed reading this article from news.com.au. It is relevant to pretty much everyone regardless of where you live.
We fall into the Gen X category but don’t live beyond our salary which appears to be a fairly common practice these days. I think the reality of our current financial position is having an affect though [...]

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Australian wine exports drop

I can’t say this is all that surprising. I imagine some of the people in countries who typically buy Australian wine are simply prioritizing their finances right now.

news.com.au reports:
AUSTRALIA’S annual wine exports have declined for the first time in 13 years as the global financial crisis and volatile exchange rates have crimped demand in [...]

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Net Worth Report – January 09

We have just updated our net worth report for January and the overall graph shows that we have decreased by $1,073.00.

We are quite pleased with this given the economic crisis that has inevitably affected our retirement funds as well as a downturn in property values.
On the positive side, we were able to save $41,528 in [...]

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Youth jobless rate to soar

It looks like younger people are going to struggle in this current market.
watoday.com.au reports:
School-leavers face the grimmest job market in years, prompting concerns about the emergence of a new generation of long-term unemployed.
In past downturns the prospects for young job seekers deteriorated more swiftly and with greater severity than for the rest of the population.
While [...]

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