Recession Mama











–by Carla

top-10-list

You know that old (and sometimes annoying) saying, “Hindsight is 20/20”? It’s been stuck in my head a lot lately, along with that damn “New Normal” phrase that everyone’s tossing around (including…possibly…me, at one point) and honestly, if I hear one more person utter those two words, I think I might grab their earlobe, give it a good, stiff twist and tell them to shove it. But “hindsight” is different. Learning from my mistakes isn’t a bad thing; I actually enjoy it. I’ve been wondering what my life would be like NOW, had I done things differently (in the financial department) in the past…KNOWING that a recession was looming and would change so many lives in so many ways. So, for your reading enjoyment, I’ve come up with my Top 10 List of Things I Would Have Done Differently Had I Known We Were Going To Be In A Stupid, Lousy Recession:

 1) I would have never started coloring my hair.

2) I would have learned to cook…better.

3) I would have stashed money away …lots.

4) I would have paid down all of my debt.

5) I would have bought, rather than leased a vehicle.

6) I would have traveled more (..’cuz I can’t now).

7) I would have mapped out a 5 year financial plan (at least).

8) I would have saved a year’s worth of expenses/emergency fund (like Katy..you go girl)

9) I would have never started plucking my eyebrows (that’s expensive to keep up with…especially when you’re Lebanese and you grow hair like Chewbacca.)

10) I would have never started coloring my hair all those years ago. (It’s so worth repeating)

Although I’m sure there are deeper, more profound things I should have done differently to have avoided being in this financial boat right now, these are the biggies for me. But hindsight is 20/20 and we’re all getting used to this new normal, aren’t we?

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{April 13, 2009}   Recession Re-invention
The view from the roof of my loft

The view from the roof of my loft

Since Heather, Carla, and I launched this blog, officially, a week ago, I’ve gotten some questions and concerns about my work status. (Even my own mother has said she didn’t realize how many times I’ve been laid off and how incredibly depressing it is!) Well, let me assure everyone that I am working on a show, and I am not here to depress anyone. In fact, the opposite is true. I’m hoping to help and get help with living WELL in this recession.

I want to first explain that I have only been laid off (fo realz) once (the news job in D.C). But I’ve had to look for a new job about 11 times in the last five years. That’s because TV shows end. If I’m lucky, I’ll work on a show for an entire season or two because that show is doing well and has gotten picked up for an extra season . If I’m not lucky, or if I’m just working on a pilot, that show will end in a month or two. Believe it or not, even though I’ve had to look for work 11 times, I’ve only been out of work for only 3 or 4 months in the last five years.

Here’s what I’ve learned from constantly changing jobs:

  • I really enjoy it, and it’s not for everyone. I used to be commitment-phobic. Now, when other people (usually guys) say they’re commitment-phobic, they’re usually telling a girl that they’re not that into them. For me, from the ages of 22-30, I couldn’t commit to cities, jobs, OR boyfriends. During those eight years, I moved NINE times, lived in 8 different cities, and had maybe 8 boyfriends (well… I don’t know if I’d quite call them boyfriends but there I go again with not really committing to them). Well, you get the point. Being a freelance producer fits my personality to a tee. I am a super hard worker, but I do get bored easily. As a TV producer, I am never bored. I’m doing something different every single day. TV is perfect for the A.D.D. personality. And… since I am freelance, I always have the option of moving on to the next show. Now, Fiance, if you’re reading this… I am not commitment-phobic anymore. I have lived in Los Angeles for six years now, and I actually do want stability. That’s why I bought a loft a year ago. Having a mortgage is a BIG responsibility and makes me want to have more of a full-time job… but this is also why I’ve saved up a year’s worth of expenses and why I’m thinking of postponing the wedding. It’s also why I’ve paid off my credit card debts awhile ago, which takes me to the second thing I’ve learned…

  • You do need an emergency savings and not rely on credit cards. It’s too difficult to pay off those cards once you’re working again. And c’mon, when you’re working… don’t you want every penny to belong to you and not to some credit card company? The interest on those cards add up pretty quickly. If you charged a burger on a credit card and didn’t pay off that card for a year…you’ll end up paying something like $100 for that burger! Better be the BEST burger in the world, huh? (If you’re trying to get rid of c.c. debt, read my last post or check out Suze Orman’s site. She has a great system that helped me too.)

  • Network. It may seem like an easy thing to say, but since I’ve started working in entertainment, I have never gotten a job without being recommended by someone else. I’ve never just applied for a position and gotten it. I’ve landed a couple of interviews without knowing anyone, but eventually, they seem to just go with someone they know. And just in case you were wondering, networking goes both ways. If someone helps me, I’m more than likely to help them. I also love having mentors, and I love mentoring. But I don’t always know when someone needs a job so it’s important to put it out there. It’s really no shame to be out of work. Work is work. It shouldn’t be who you are. And if you think you’re not good at networking, take another look at how you network. It’s about establishing relationships, not perfecting small talk or winning a popularity contest. I like to network with good people whom I’d like to be friends with anyway, which makes it easy to ask if they want to go to lunch, have a drink, or send a resume to their boss.

  • Re-invention. This recession, for me, is all about re-invention. Madonna is the mother of re-invention, and it’s really the reason why she still sells out stadiums. With my first lay-off as a national radio news anchor, I had to figure out what I really wanted to do. Within the last five years and a dozen jobs later, I’ve had to learn and adapt to new technology and ways of thinking. I am learning all of the time, and reinventing ways of becoming a better, more efficient producer/writer. Now, I have also never understood people who complain about their jobs. I’ve always thought that if you really hated your job, you should quit. If you were laid off from a job you hated anyway, I think this is the perfect opportunity to find what you truly love and what you are truly meant to do with your life. It’s such a cliche by now that it’s always the most fulfilling to have a job that you would do for free…but it’s so true. Think of this lay-off as a blessing. If you have kids, you can now spend more time with them. If you’ve always wanted to be a stained-glass maker, you can learn how! I have a friend who went to massage school when she thought she was getting laid off because it’s something she’d always wanted to do. Several friends applied to law school, and another friend is starting her own business. Think about what you’ve always wanted to do. What do other people tell you you’re really good at? Write down your thoughts, dreams, fears, and goals. Put together a game plan, a business proposal, or just go for it. I’m trying it out, and I believe my dream and yours will all come true.



et cetera