Financial Troubles in a Faltering Economy: Can You Relate to Chelsea's Story? (VIDEO)

Moms MatterAs part of our Moms Matter 2012 initiative, we're going to be introducing you to nine moms from across the nation over the next few weeks, each with a very different perspective on what it's like to live in the United States today. My hope is that you'll be able to identify with some whose lives are similar to your own -- and to learn from those whose experiences are different.

First up is Chelsea -- take a moment to watch her story after the jump. You won't believe all she's been through.

Can you relate?


Chelsea has really shaped my perspective on what it's like for American families who are suffering from the mortgage crisis right now.

I've known Chelsea for seven years now, and I can unequivocally say that she's the hardest-working mom I know. Chelsea and her husband have always had two or three jobs for as long as I've known them, and they've taken jobs that allowed them to spend as much time with their daughter as possible -- often sacrificing their sleep and comfort for her well-being.

The family scrimped and saved for years to buy their home and they bought a house that should have been manageable -- it was modest and well outside of the city. But the recession hit this family hard. Their income took a big hit, their mortgage payment and bills became unmanageable, and it has been very difficult to see their "American Dream" turn into a nightmare situation.

They tried desperately to sell their house -- and just when they had finally found a buyer, it burned down.

Chelsea is not only hardworking, but she's also incredibly generous. She attends my church and she's a regular volunteer in the nursery, out in the community, and on mission trips. Obviously, I can't say enough good things about her. And when I see the unemployment and foreclosure statistics on the news, I imagine that there are lots of families like Chelsea's behind those numbers -- families dealing with job loss and ballooning mortgage payments -- families that desperately want to work hard and survive, but can't seem to stay on their feet in this economy.

The question is -- are our politicians seeing these families' struggles? And can they relate?

What do you think? Can you identify with Chelsea's story? Do you have friends or relatives in a similar situation? What's the solution?


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