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
World's worst cities for rush hour traffic So you thought your city had the worst rush hour traffic in the world? More
America's best-performing female CEOs These women run companies whose stocks surged in the past year -- significantly beating the S&P 500. More
Tech's highest paid women Silicon Valley isn't known for its diversity, but it is home to a handful of highly paid female executives. More

Special Offer