Are you expecting financial hardship soon because of the Corona Virus?

[Cinder]

Yeah...will likely get evicted. If I was on my own I'd be okay somewhere.
But I have my dog and my 72 year old mother with me. This is scary... I'm actually now realizing that.

 

[jeroendebleser]

You probably have an assistantship, right? I had one studying for a master's in exercise physiology. I taught anatomy lab and my school was all paid for. Also got paid $800 a month. That was back in 1995. Hopefully the pay is higher now.

Yes. I don't know how it is in the US but I get paid a lot compared to other working people so I'm not complaining

 

[maldorf]

Yeah...will likely get evicted. If I was on my own I'd be okay somewhere.
But I have my dog and my 72 year old mother with me. This is scary... I'm actually now realizing that.

Man, that's rough. Your mother depends on you for support. I admire you for taking care of your mom. I think the government is going to help you out. We are supposed to get those checks rather soon hopefully. Some places are holding back on evictions. I know the government has HUD not doing it.

If your landlord has multiple units that will default, I doubt they will evict you unless there are folks lined up to rent. It takes a few months to evict too if you resist I think, so that should give you time.

 

[NGL34]

Alot of people sadly will blow the money on luxury items like big screen TVs, fancy clothes, and drugs.

Home gym equipment

 

[brutus69]

When it comes to depression, its not necessarily the duration of how long its lasting, but more the feeling of hopelessness and helplessness that it will never end. Judging by the way people are panicking and freaking out by hoarding toilet paper, I'm guessing there are some people that are probably at or close to the edge already.

absolutely. im one of them. investments tanked. cant do anything. and when u realize its gonna be the same every time u wake up for months and months....why bother. nothings gonna get better. millions of people are alone. suicide rate's gonna go way up. hell, im a loner by nature and if i feel like this...and most people actually WANT human contact and now they arent getting it....i felt what i think is "loneliness" for the first time last week. it sucked. if thats what normal people feel daily....godam. how can they feel that bad and not give up.

 

[Sandpig]

I live in Vegas which has been shut down. I am a superintendent building houses for a big home builder.
We are able to keep working but we have suspended any new starts for the time being.

My biggest worry is that buyers will start bowing out of their contracts and then eventually there won't be anyone to buy houses.

 

[01dragonslayer]

The last day we were allowed to eat out for dinner my wife and I talked about that same subject. In an effort to help our server we gave her a 100% tip on our $40.00 bill.

 

[nidnoy]

Scary times. And not everyone has the ability to be a high income earner. There are many super talented and smart people in this thread, I personally could never measure up, I hope my kids will be more like some of you than me when it comes to smarts and talent. I have a little saved but not enough to weather a couple month storm if I lose all my income. My wife and I already made some lifestyle changes over the last few years, maybe hard but good lessons can be learned if we all survive this. Regardless of talent I think all can responsibly live and save some. But it is easier to save making more money, and with less kids haha!

 

[BillHilton]

Trump administration seeks 2 rounds of checks to Americans in massive coronavirus response

The White House is moving forward with a proposed $1 trillion coronavirus package that would infuse Americans' bank accounts with two rounds of direct cash payments.

www.foxnews.com

I am reading that this a "pre-refund" on next years taxes.

 

[cm]

The government is putting it on the businesses and offering government interest free loans if needed.
We aren't seeing anywhere near the business impact you are, most everything is open so hourly workers aren't getting hit.
Even schools are talking about opening up.

I think what we are seeing here is the results of early and definitive action from the government.
They put out the guidance, people complied, disaster mitigated (hopefully it stays that way).

not here brother. 3.75 interest for small business. people getting rich off these 30 year loans. making a financial hardship last the rest of the lifetime, just so we can make payroll. when I see interest free loans here in the US, I shudder to think what would happen. it would be exciting times for the little guy

 

[pimpman]

Yes, those are the at risk patients. Just have to hope that they have loved ones for support and arent all alone, but even then sometimes that's not enough. Their threshold for suicide is low. Thing id hate to see the most would be murder-suicide. Lets stay positive about this. I don't think this has lasted near long enough to trigger it yet.

I pray not brother

 

[maldorf]

absolutely. im one of them. investments tanked. cant do anything. and when u realize its gonna be the same every time u wake up for months and months....why bother. nothings gonna get better. millions of people are alone. suicide rate's gonna go way up. hell, im a loner by nature and if i feel like this...and most people actually WANT human contact and now they arent getting it....i felt what i think is "loneliness" for the first time last week. it sucked. if thats what normal people feel daily....godam. how can they feel that bad and not give up.

It's not as tough for those of US that have a wife and kids. It's just you all alone? That would be real hard for me. I remember how bad I was after I split up from my ex wife after her affair and I lived alone. A couple of years later in was remarried and had kids. Life will get better! Reach out over the phone to some old friends and family. Have you been talking to people like that?

 

[maldorf]

I live in Vegas which has been shut down. I am a superintendent building houses for a big home builder.
We are able to keep working but we have suspended any new starts for the time being.

My biggest worry is that buyers will start bowing out of their contracts and then eventually there won't be anyone to buy houses.

That happened, people leaving contracts, back in 2007 and 08. Did you see that much back then? We almost backed out of ours. Once they put down the deposit, makes it harder to do it. I think it was $10,000 we had to put down.Non refundable.

 

[Sandpig]

That happened, people leaving contracts, back in 2007 and 08. Did you see that much back then? We almost backed out of ours. Once they put down the deposit, makes it harder to do it. I think it was $10,000 we had to put down.Non refundable.

I was working in the flooring industry back then so didn't see it first hand other than work drying up.

 

[Racepicks]

I am working for Hollywood Hard Rock in Hollywood Fl. They just closed the Casino. I'm hoping the Government helps me out. I'm out of work for, at least, a month. Luckily, I have a home gym good enough to bench, squat, plus dumbbells'. I'll use the time off to get back in the game.

 

[Blazed_Noob]

Luckily I can still go to work , Im a lineman/underground service electrician for primary and secondary power lines. I get businesses and residential buildings power back up when they lose a phase/neutral or any other issues.
I pray I can work as long as they let me....my girlfriends work shut down almost 3 weeks ago , my infants daycare is closed and now I'm paying all the bills plus her bills for her car and other loans she has. At this rate my saving will be depleted way sooner then I hoped. I have things I can sell to stay ahead ( guns , ammo etc etc )but if things keep getting worse I'm not sure what's going to happen.
This whole Trump sending checks thing is nice but I'm hearing we won't receive until end of April and May.
There was also talk about them doing a 2 week paid time off stipend for people affected by the coronavirus. Again just talk , would be nice but I doubt seeing that pass.
They made the unemployment process faster as well so people get paid earlier but even then you wait and with everyone applying the site constantly crashes and phone wait times are insane.
I hope this gets better but I only see it getting worse ...I wish the best for everyone and hopefully we can all make it through this in one piece.

 

[Samson250]

how can they feel that bad and not give up.

We take it one day at a time brother. We work really hard every day to find that one reason, that one excuse not to eat a bullet today.

 

[Gators]

In ag, but 30% of our business is bedding plant starts, which is my area. Little worried, but overall looks like sales at garden centers is booming. My hemp projects are going to take some degree of a hit, still not sure yet. If it hits the fan really bad, we have 4 million ft of greenhouse, we can grow food. Still scary

 

[graybass]

I have a successful personal training company. I'm FUCKED in plain English! I'll be ok for a couple of months but after that goodnight Irene! I'm trying to get my clients to workout at the local track, but most just look at it as a vacation from me kicking their ass. Most of my clients are doctors, lawyers, CEO's, etc. They are NOT doing windsprints and suicides at the park with me! LOL

 

[maldorf]

I have a successful personal training company. I'm FUCKED in plain English! I'll be ok for a couple of months but after that goodnight Irene! I'm trying to get my clients to workout at the local track, but most just look at it as a vacation from me kicking their ass. Most of my clients are doctors, lawyers, CEO's, etc. They are NOT doing windsprints and suicides at the park with me! LOL

My wife works out at a gym that does the big classes and its quite successful. The owner is in the middle of building a new facility! I feel for him. Most of his members pay by auto withdrawal and he said he would stop that since his place is closed. I cant imagine he is going to be able to withstand this long. This month's payment of $150 already was taken out so I'm not sure what happens with that.