"I felt economically stable in the late-2000s. I wasnât anxious about the 2007 subprime mortgage implosion or the stock market crash of September 2008."
"My naivete led to my financial downfall, a divorce, losing touch with my family, and even becoming homeless for a time."
The author reflects on the financial mistakes made during the Great Recession of 2008, emphasizing the ignorance and naivete that led to overspending despite warnings. Initially confident due to a steady job and a comfortable lifestyle, the author faced dire consequences such as financial strain, a divorce, and even homelessness. Now, wiser from experience, the author plans to approach future economic uncertainties with caution and a commitment to avoid repeating past errors.
Read at Business Insider
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