By: Robert Katz
While all experts seem to be saying that the recession is over, it is the after shock of this massive economic collapse that is definitely still effecting the American population. The worst part of all is that the real problems the recession created weren't even financial.
In today's American capitalist society, life seems to revolve around money and finances. Due to such high increases in unemployment and job opportunities families' financial situations have become the least of their worries. The plummet of the economy left most Americans unprepared for the years to come. Families have a lot to worry about with providing for kids, paying a morgage, car payments, insurance, saving for retirement, kids college, etc. The abortion rate in the US during this recession has increased substantially showing that families have had to alter their mind sets when thinking about starting a family. Yet, those already with a family that depend on a single income have been the ones that are really effected the most.
Inability to pay bills or even afford some of the luxuries we have come to take for granted in every day life have become out of their price range. This creates frustration and tension in families and more specifically problems in marriages. Marriage counseling has also had a surprising increase during a recession. This just shows the importance of saving and not being frivolous with your money. While always been worried that worst is coming isn't good either, it just never hurts to just be prepared and budget money wisely.
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