Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

4 of 65
BACKNEXT
Candace Schultz: Everything at risk
Candace Schultz: Everything at risk
Candace with her husband, James
Insurance agent, 34, Tustin, Calif.

My husband and I had to close our copy/printing business in January due to poor sales. We have three sons and are barely getting by on my salary.

My husband is trying to find a job and staying home watching our 2-year-old son in the meantime. We can't really afford childcare right now. We have to watch EVERYTHING we do. I can't afford to buy a lot of groceries and boys eat a lot!

Due to the debt incurred by the business going downhill, we recently had to file for bankruptcy and give back one of our cars. I downgraded to a small, gas-friendly vehicle but while it used to cost $20 to fill up, it now costs more like $60. I work 20 miles from home and I'm trying to think of alternative, cheaper ways to get to work.

We struggle every week. Our kids are 17, 13 and 2 and all they hear is "no." We can't afford to go out to eat, see movies or anything anymore. We can't afford to buy them things they want and can hardly afford to buy them what they need. My husband and I go without a lot to make sure the kids are taken care of. It is truly a struggle and I'm terrified of what may happen if it continues this way. We could lose everything we've worked so hard for.

NEXT: Christine Flood: Caught in credit meltdown
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
Exploring 10 great cities for business in Asia From Shanghai to Tokyo, Mumbai to Hong Kong, here's how to make the most of the days between the deadlines. More
10 of the best beaches near airports Wait out your layover in the transit lounge? Or grab some sun, sand and surf? More
World's Top Employers for New Grads For an exclusive CNNMoney list, research firm Universum Global surveyed business students at colleges around the world to see where they most want to work. More

Special Offer