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The following post is by MPFJ staff writer Kristina. Kristina has over a decade of experience working in personal finance at a bank branch. She helps people plan their financial lives from college to retirement. You can follow her on Twitter @TKBlogs.
I was enjoying my life by filling it with luxurious vacations and expensive electronics. In 2007, I moved into a luxury apartment building that came fully equipped with underground parking, a fully equipped gym and an indoor pool. I bought a brand new car because that’s what I thought a 27 year old young professional with a six figure income should do. In 2008, I found myself with a car payment and an expensive downtown apartment. I was spending thousands of dollars on my daily living expenses and I thought that I was happy…but then the market crashed.
From Six Figures to Almost Bankrupt
Rebuilding Wealth One Step at a Time
How about you all? Has the economy from 2008 until now caused any drastic changes to your personal finances?
Share your experiences by commenting below!
***Photo courtesy of http://www.flickr.com/photos/59937401@N07/5929474535/