16th November 2008

DVD Cutback Tragedy

posted in Personal Finance |
Andrea @ 2:08 pm

In these times of falling home prices and upside down mortgages, it’s truly tragic to see some of the cutbacks people are having to make. For example, this guy in California who relates what he’s had to do to survive in an interview with the New York Times (emphasis mine, which took a few seconds to select with my mouse because I was laughing too hard):

Kenny Rogers, a data security specialist, moved into Mountain House last year, buying a foreclosed property on Prosperity Street for $380,000. But the decline in values has been so fierce that he too is underwater.

He has cut his DVD buying from 50 a month to perhaps one, and is waiting until the Christmas sales to buy a high-definition television. He does not indulge much anymore in his hobbies of scuba diving and flying. “Best to wait for a better price, or do without,” Mr. Rogers, 52, said.

OK, carry on with your day … I have nothing to add to that …

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This entry was posted on Sunday, November 16th, 2008 at 2:08 pm and is filed under Personal Finance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

There are currently 2 responses to “DVD Cutback Tragedy”

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  1. 1 On November 16th, 2008, Julia said:

    I can comment on this story only by quoting Hans, or was it Franz, from SNL:

    “I vould cry for you, but my tears vould be from laughter…”

    Julia’s last blog post..Birthday meme (a month late)

  2. 2 On November 17th, 2008, Marcus Aurelius said:

    Dude sure knows when to hold ‘em, and when to fold ‘em…

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