20 of 65
BACKNEXT
Jacqui Snodgrass: Smart choice saved home
Jacqui Snodgrass: Smart choice saved home
Jacqui with her husband, Howard
News director, 47, Rancho Cordova, Calif.

My family is feeling the economic pinch. I lost a good paying job last October. Fortunately for us, we live in a modest 1,100 square foot home that we can afford.

When my husband and I were married in 2006, we were going to sell my husband's home for a bigger, more expensive house. What we were going to buy we could afford with my income at the time, but our payment would have more than doubled, maybe even tripled.

I am in my late 40s and am struggling to find work. It's been tough. My 18-year-old daughter, who lives at home, and my 21-year-old stepdaughter, who is about to move in with us, both work part time and that helps take some financial pressure off us.

But I got to tell you, if we hadn't made the decision to stay in the humble home, due to my husband's logical thinking, then we would be losing our home right now.

NEXT: Christie Loeslein: Family of 7 copes
Last updated November 15 2009: 6:21 AM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
More Galleries
7 quirky luxury products for the super rich Take a look at some of the most unusual luxury products being marketed to the top 1% in Monaco, including a rotating sunbed, hand-made wooden skis and fur coats for dogs. More
Five things to know about Putin's Russia An economic crisis, Western sanctions and a comeback currency: What's going on in Russia? More
9 up-and-coming collectible cars They're relatively cheap now but these models have already caught collectors' eyes and are expected to increase in value in years to come More

Special Offer