I just saw it on CNN.com: From $80,000 a year to eviction: Hard times in America

It has been a while since I've blogged anything but I've been busy with work as of late and my nights have been busy too........ feasting on all that Atlanta has to offer. Anyway, enough of the excuses.

My wife sent me an article from CNN about the hard times that are hitting America. There is no doubt that these are some tough times and even people I know have been touched by this. However, this article shows some of the dumber things that people have done even though they know the economy just simply sucks.

Example 1: Trading in your job to go get a Masters or some other higher degree with the hopes of advancing your career or getting more money.

This is just dumb at this point unless you're just fresh out of college with nothing to do with your time. The article mentioned a 35 year old comptroller or something to that effect leaving her job (making 80K in Detroit) to get a masters in hopes of landing a better job. Well if you read the writing in all the papers, there are no jobs to be had so just leaving your job in the first place was just an idiotic idea. Her bosses were probably looking at the vacancy and thinking "Hmm... I can now save on my budget to save my own ass since I'm not paying XYZ $80K plus benefits!". If you can swing going to school while remaining employed, this might be the smarter move if you have the money to burn or your company provides the money to you if you get a certain GPA.

Example 2: Leaving your safe and secure job to go into Real Estate

This was another person in the article who decided to leave their job in IT (although not exactly safe, its better than nothing) and go into real estate with the belief that money can be made in this buyers market. Hello dumbass, if people are losing their jobs and wages are basically frozen and housing prices are dropping no one is going to be buying real estate! There are forclosures hitting the entire country at quite an alarming rate to be quite frank and even though these homes are being offered way below value, banks just aren't lending money to people with good to great credit. So the move to real estate just makes no sense at the moment until credit frees up.

OK thats it for right now, I have work to do....