Financial Challenges Support Group
This community is for people who are struggling to meet financial obligations of any kind. Financial challenges include everything from the day-to-day challenges of making ends meet to managing credit card debt to bankruptcy. Get support from others who are going through similar obstacles on the road back to financial stability.
I know how you feel I have a few friends and relatives on SS and I agree its terrible that their is no increase until the year 2012 if then. ;(
The only way they seem to get buy is by trying to live more green/eco-friendly and getting money/deposits for what they can recycle. It not much of course but they put what little the can aside into savings, in the gas tank or as a special treat like the movies or eating out just to escape a bit
I hope that you have a good support system in place or special restaurant or hobby to help take your mind off from things too! :) Good Luck! :)
It seems many of us are in a similar situation. I'm employed, but have not seen a raise since 2008. We were just told a couple of weeks ago that there won't be raises this year either.
This could be the reason the government can't give SS raises...if the workforce salary is staying the same, the government isn't collecting more SS tax from taxpayers. They can't pay out money they aren't collecting.
Hang in there! (HUGS)
As insurance rates go up, interest rates on credit cards goe up, food costs go up but the salary stays the same.
Digging deeper into the hole each year...