Originally Posted by
DKAwildcat
You are right in so many ways here... too many people live well beyond their means confusing wants with needs and have not built up an emergency fund. Fortunately for my wife and I, we’ve had successful careers and are now retired. Our savings are well diversified so we should be able to easily ride this storm out. Unfortunately, too many people did not learn a thing from the last recession.
It looks like you and I are in that 60+ age group of being more susceptible to the coronavirus. Good luck to you and your family, as well as everyone in our Crossfire family!
Yes, you are right on point in every instance. It is good 'smarts' to manage most of your own, the monies you have earned, so the impact would be minimal. Also, yes, the Mrs and I are both 65 and I have additional risk factors. That said, we have been staying home and severely limiting our exposure to others. This will get worse because of the habits of many to panic and/or dismiss this as bogus. When they realize (either by infection, loved ones getting sick, or mass stores and businesses closing), the ole crapola will hit the fan. We aren't relying on others to protect us so the steps we took should 'kick' our can down the road. I believe many more are sick (or have been), since the best info to date says ppl are contagious before symptoms show. Good luck and stay safe ALL! Pay attention to the CDC website (and their links to every state for those in the USA)
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