Does world finance dictate personal finance?

*collaborative post.

It seems one of the main topics in the news over the past decade has been finances. There have been some extreme highs & lows over that time period. For better or worse, financial ups & downs have changed the way households manage their personal finances.

When my husband & I moved to Ireland ten years ago, Ireland was in the middle of its financial boom. The building industry was in top gear. Everyone was building houses, flipping houses, driving nice cars & spending without concern. We built our house in that time period of time but thankfully didn’t get involved in buying & selling because shortly after we built the crash hit.

When the Celtic tiger fell, he fell hard. And it wasn’t just in Ireland of course, the ef