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.

Money and Main Street
4 of 6
BACKNEXT
Jason Rohrick
Jason Rohrick
Jason Rohrick, 34, with his wife, Michelle, and two daughters.
Family: Wife and two children
Former job: Appraising specialist
Hometown: Eden Prairie, Minn.

"Like so many others, I sort of knew it was coming. When I was laid off in October, I figured it would take about three to six months to find another job. Initially, I felt pretty good about it. But then December and January came and went, and a lot of big corporations had hiring freezes.

Back in early 2006, my brother sent me a bunch of articles about the economic collapse that was coming. We bought gold and went into savings mode. We stayed away from the housing market and got rid of credit card debt. Unfortunately, the predictions came true.

Unemployment has allowed my family to retain a humble, but comfortable, lifestyle. We are able to pay all our bills, and we're actually netting more money than when I had a job, since we don't have to pay a small fortune for daycare. One of my daughters stays home with me and the other attends only part time now.

My wife, Michelle, works as a senior staff accountant, but we are expecting her to lose her job any quarter now. We're clipping coupons and not going out to eat so much. Michelle is from California and we used to go there three to four times a year. Now we haven't been there in months." --J.P.

NEXT: Gregory Prescott

Last updated June 15 2009: 10:12 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
America's 12 biggest companies now In the past 6 years, giants like Exxon and Walmart have slid while tech companies have soared. More
'Spotlight' is just the latest edition of newspaper movies Here's a list of the best newspaper movies. More
Most valuable car collection ever auctioned In total, the 'Pinnacle Portfolio' is the most valuable group of cars from one collection ever sold in a single auction. More

Special Offer