Alot of people have been greatly affected by our volatile stock market and failing economy. I am one of those people. I had put a good amount of the money I made over the years into the stock market. At first I thought it was a smart idea, I was able to save enough to make a very large down payment for a home, pay off a huge portion of my student loans, and was also able to purchase my own car. It afforded me a lifestyle I never imagined possible for myself. But the stock market is almost like a finer form of gambling and just like with any other game, sometimes you lose. Well I lost. Alot. I figured now was a good time to make some money saving changes.
Marcus and I have been going back and forth between Houston and Dallas for over three years now. Marcus loves Houston and I love Dallas so we could never really choose just one to call home. We'd spend a couple of months at our place in Dallas then spend a few weeks in Houston. The drive is almost 5 hours long and its a boring 5 hours. Not to mention the cost of traveling all the time, on top of the money spent keeping two places: utility bills, cable, internet, HOA fees, mortgage payments, property taxes etc. Coupled with the fact that my phone isn't ringing as often as it used to... Its just a little more than this fading porn model and his Asian boyfriend can afford at this time.
So we sold our place in Dallas. It was more expensive to keep and after what happened there we just didn't feel like keeping it. Houston is now where I actually live. Not just for a few months but all year round. My presence in Dallas will now be limited to a single two day trip each month to visit family and friends. How much does that save me? Enough to keep up with my responsibilities.
How has the economy affected you?