During the Great Recession of 2007 to 2009, the author faced significant financial challenges, which affected his family and their living situation. As a result, he and his wife included their son in money discussions to teach him about financial responsibility. They had to adopt frugal living practices, such as cutting unnecessary expenses and making sacrifices in family activities. The family worked together to navigate these tough times, demonstrating the importance of open communication and shared responsibility in managing finances during a recession.
"We included our son in the financial discussions we had, teaching him about money and making him a part of tough family decisions during the recession."
"As the recession dragged on, I looked for work, but with unemployment at 7.2%, there were not many opportunities out there, and we faced losing our home."
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