"When I was younger, I worked largely in retail. I spent four years in Europe because my first husband was in the military, then came back and worked in a dress shop. After getting a divorce, I ended up becoming a credit manager. That was very unusual at the time because women were often secretaries, not credit managers. I met my second husband at that company. After the company went under, I stopped working."
"I had to file for bankruptcy soon after, because I couldn't pay the bills. My car was falling apart, and I had to do everything on my own. There was still a mortgage on the house, which I did not know about, and the note at the time was about $1,000 a month. If it hadn't been for my family, I don't know where I would be. I wouldn't have the house"
She worked largely in retail, spent four years in Europe while married to a serviceman, then returned to work in a dress shop. After a divorce she became a credit manager, a rare role for women at the time, and later met her second husband. After that employer failed, she stopped working. When both spouses were earning, they had good salaries but maintained separate accounts and little savings. Her husband died in 2011, and the survivor benefits and insurance proved insufficient and tangled by prior relationships. Bankruptcy followed because bills and a mortgage of about $1,000 monthly became unaffordable. Family assistance preserved her home. She now earns $12 an hour in two part-time roles and continues working out of financial necessity.
Read at Business Insider
Unable to calculate read time
Collection
[
|
...
]