Fall, falling, fallout

| 1 Comment

It's October, my all-time favorite month! Golden leaves are falling, the air is crisp, and Halloween candy lines the shelves of every big-box store. Usually I'm breaking out the sweaters and baking up a storm, giddy with all autumn has to offer.

This year, though, the autumn mood feels far more somber. With the $700 billion Wall Street bailout plan Click here to learn about third-party website links on everyone's minds, a lot of scary words have been thrown around:

One bright spot among all the financial gloom and doom. (Click for larger image in a new window)Crippling financial crisis.
Unemployment.
Recession.
Depression.

So instead of enjoying the fall season, I'm watching my retirement account plummet and stressing about soon having to make two mortgage payments. That's right — two. Earlier in the year, I took a leap of faith and built a new home. Since then, the economy hasn't exactly cooperated. My current home hasn't sold yet, and my new home is scheduled to be finished in just a few short weeks. I'm not regretting the decision to build, but as I watch my assets fall and my debt rise, I am pretty worried about my finances.

If you're in college, the idea of retirement savings and two mortgages probably feels very far away, but I'll bet you have financial concerns of your own. Feel like telling us what they are?

1 Comment

hello staci =)

Leave a comment

Please Note

By posting content on this Blog, you expressly grant Wells Fargo (and its affiliates) the right to use or distribute the posted content in any form, worldwide, and in perpetuity. You also agree to indemnify and hold Wells Fargo harmless against all liabilities, losses, claims and expenses arising from your posting of materials on this Blog (this includes any claim that Wells Fargo's use of the content or images infringes on someone else's intellectual property rights). Please read our Community Guidelines for more information.

If you have immediate service needs or require follow up, please contact your bank representative or relationship manager.

 

Student Loans

Get more info on loans, scholarships, and advice.
Or call 877-412-5321

Ask the Expert

Got a question on your mind? Ask one of our experts! Submit your question by email using the button below--we'll try our best to answer it.

Ask the expert

Recent Comments

Archives