How did YOU survive the 2008 economic collapse?

high seniority in a union job; plus my sector was not hit quite as hard as many others

this desu

fucking joined in 2007 and went immediately overseas. I didn't hear or see shit about it. i came back in 2015 and didn't even realize anything ahd happen.

Except obamacare, that was some bullshit

I came here actually.

>graduated college in 2008
>landed a decent job because i networked effectively in college
>lived extremely frugally and put all of my excess cash into stocks that had been beaten down (REITs, financials, automakers)
>stocks went way up, had enough for a down payment on a house
>bought a house in a good neighborhood that was foreclosed on in 2010
>wanted to move earlier this year, so i sold the house for almost 2.5x what i paid for it
>bought a much bigger house for about the same price in a less expensive area
>net worth currently hovering around a million dollars

worked my ass off and did without.. I needed to keep my credit lines for self employment business equipment repairs and maintenance so i lived with the doubling of the interest rather than close them..

I didn't

What was ur major

Lost my job lost my house lost my wife had to withdraw my 401k early and lost 20 years of my retirement.

Advanced faggotry

accounting

Working and continuing working at walmart since 2004. Overtime getting cut was probably the only casualty that affected me personally.

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Worked for an NGO that got gov welfare in a field no gov would dare fuck with in this day and age, no kids, lived within my means, was still married and double income. No fuckin tricks. Common sense.

Graduated college december '07, went to work for a real estate company that auctioned off foreclosed homes soon after. Honestly never realized how bad it was for everyone out there until a few years later, obviously our company was making money hand over fist.

Keep your debt to a min.
Diversify assets where you can.
Own your home.

No home to go back to. Parents were homeless

I got 18 at the end of 2008, had no choice to get some hybrid of welfare/student program. Went to school, subsidized by the government meanwhile. Didn't have to work but had to go to school in exchange. By the end of 2010, the crisis wasn't over and took another student program as I had and now have a not so bad job. I wasn't really affected but seen many lose their jobs, moved to Mexico or China

why Walmart? seems kinda like a shitty place to work

I hope you are not LARPing, everyday I thank God I wan not born a Gen X. I would have been fucked so hard by the crisis. I feel bad for you

I had a funny feeling the market was a house of cards, and made financial decisions accordingly.
I have the same feeling now, by the way.

I was 18 so I just went to college and worked as a mailboy

I was unemployed for like 8 months in 2009 when I quit one job and then couldn’t even get a gig at wendy’s Because they wanted somebody with “cooking expieirence”. Yeah 19 year old college could couldn’t even get a job at a fast food restaurant.

I had to spend through all my savings and then I had to ration my food eating just a can of soup/fruit and sometimes I’d fry white potatoes with some salt and butter.

Other than that I lived off of handouts from friends and the occasional leaftovers I could get from mom and dads when I’d have dinner with them.

It’s sounds pretty bad now lol but it wasn’t that weird that’s just what being a poor college kid is like.

It didn't hit Finland until 2010. I was in the military then, full room and board, and a student afterwards.

My best years are usually during depressions. I earned a $70k bonus in 2008.

I put a down payment on a house and had a few escorts and started my brokerage account.

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I leeched off my dad's 6 figure paycheck. Hooray

I detail cars. When times are tough, people want to take care of the vehicle they have rather than get a new one. My business is pretty recession proof.

>High school dropout
>no GED
>no vehicle
>no place can match what I make now to start
>nowadays too old and unqualified to start from the absolute bottom

Perhaps next life will be a bit more fruitful.

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Major was irrelevant. You had reasonable parentage to give you that actionable wisdom

You can diversify your income. Start several modest ventures and see which ones are gainful.

I was freshly in college and working, while living at my parent's house.

Joined in 07 also. Was a 27 year old fratboy. Spent my money on whiskey, food and PS3 games. Didn't save shit but wasn't affected

Hooyah Naval Station Norfolk

Moved back to my parents and started a business. Did pretty well. 2016 I ended up getting a job offer paying tons more than I was making on my own though so closed shop and went to work for another company.

>graduate highschool in 2009
>work dead end jobs until 2013
>go to trade school 2013-2015
>graduate when the oil industry collapsed impossible to find work in Alberta
>didn't find a job in my field until 2017

Now I'm 27 and only have 80k saved meanwhile the average person my age makes like 100k and owns a house. Because I missed out years of investing because of the missed compound interest I will never retire.

Is suicide the only option?

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I kept working. Took whatever job I could get. Kept looking for better. Lived in Texas. Based.

t.34 year old boomer who now owns his own home (paid off), great credit, and now a neet.

>80k
>average person makes 100k and owns a house at 27

You are retarded

I had a good job and put every last penny in the stock market. At 42 I have 3.4 million in my retirement accounts. Life is good.

You're severely overestimating those averages, canuck

I survived because of Obama of course. His policies are still causing our economy to improve. Trump hasn't done anything!

Even 23 year old university grads are making 75k starting now

Fire service with tooooons of Overtime. Made $140k that year from an $80k base.

DUDE!

I know a guy who was making no more than 40k/yr (pre-tax) until he was 48. At 49 he started a business and made over $1M in profits that year. He makes over $10k/yr now

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Back then I survived by having nothing to lose. I didnt even notice it tbqh.

You are way ahead of most people your age