Economic shakedown

As parents, we do our best to provide for our children. We do what it takes to make sure we put food on the table and cover the most basic of necessities in these uncertain times. We work so we can secure a good future for our children. But what do you do when suddenly the future that you built for your children collapsed right before your eyes? Ken Karpman, a former CEO who earned $750K a year is faced with this dilemma. For years, they enjoyed a pretty luxurious life. Until he decided to go solo and quit his job. The solo venture didn't go as planned. He lost his nest egg, and dried up all his reserves. Their huge home is now on foreclosure. The kids are still in private school, thanks to an anonymous donor who pays their tuition. Ken took a job as a delivery man for a pizza joint, earning $7.29 an hour, plus tips. It is indeed a huge blow. Reminds me of a distant relative who earned lots of money with industrial supplies. He was one of the top suppliers in the country before recession hit. Now, he's reduced to a regular 8-5 job, earning just enough to keep it going. Not that there's anything wrong with that.