Just Exactly how Bad is Inflation for you?

Our money isn't buying much these days. Our paychecks run out before the next payday is even near. So, just exactly how bad is inflation for you and your family?

Our relatives, friends and colleagues have all told us that they are living on credit card, from paycheck to paycheck, with virtually zero savings ..... because they just can't make ends meet. Our readers have written to us with identical stories about their own struggles in their own communities, as well as witnessing more of the same hardships in their respective neighborhoods. Our posting yesterday regarding poor Consumer Confidence echoed such universal sentiments.

Journalists and the news media have voiced our pain across the land; over the Web, in newspapers and magazines, on TV and radio, plus various other media outlets. Here are a few that 'Do Take It Personal' wish to share with our faithful audience:

Link to CNBC about Credit Crunch in America and beyond

Link to Bill Gross' outlook on Inflation

Think about how bad this could be for the long term in your own household. Can you still afford bread and rice? Can you still afford milk and juice? Can you still afford fruits and vegetables? Can you still afford to heat your home this Winter? At some point, you will find that the numbers aren't adding up for you, and things will start to spiral downhill very, very rapidly. We have heard from folks who have declared bankruptcy, lost their homes and living in their cars within a matter of a few weeks. Things happen very quickly and if you do not take your financial well-being personally, one bad luck can completely wipe your family and you down to nothing in a blink of an eye. Please look after yourselves and the welfare of your family - Be Proactive - Fight Hard for what is right even before bad news hit you directly, and Never let others 'steal' from you and your children's future.