
Ms. Dell'orefice, 78, lost her life's savings in the Bernie Madoff Ponzi-scheme last year. She's far from what I would think of as the "women upon whom the current economic crisis is falling", but her discussion of the emotional side of the dealing with her loss is, well, relate-able!
She says: "I've never put my lifestyle and what I need to live on in anyone else's hands. I know that this is my responsibility and my choices....But this [current loss involving what she thought were personal friends]!....My own self-confidence on what judgement didn't I exercise and what did I miss, it really shook my self-esteem for a long-time."
As I shift through the wheat of defining success for our little family with the chaff of the "woulda, shoulda, coulda" of the past decade, I am living daily in the zone of shaky confidence in my judgement. I question the very values upon which my husband and I have made financial and life decisions over these past years. Believe it or not (I remember how long you've known me), I've never thought of myself as a "keeping up with the Joneses" type of mentality. But I now must admit that how my family "looked" from the outside has been deeply important to me, to us.
It felt like our motivation was to create a safe place for our family. But now, with so much stripped away, I realize that for me "safety" was demonstrated in material and consumer values -- things, brands, a certain type of house, certain lifestyle commitments that require special equipment and lots of fees, certain places to belong. It felt like we were just working hard so that our family could get our little piece of the prosperity pie, buy the things that "we needed", and then we'd have a safe place to work on values and character.
Surprise! Values don't wait. Character doesn't wait. Time doesn't wait. And, as people who live in a comfortable, charming, beautiful and cozy corner of an growing, optimistic state in the most-affluent society of the world (and probably the history of the world), I realize that we have a good serving of the prosperity pie every morning that we wake up.There is nothing else out there to gain. It -- safety, prosperity, success -- is all right here. I'd like to think that we are in process of making new choices and strengthening values around what we have. But, given that it felt like my motivation was appropriate in the past, my confidence for these steps is, well, lacking.
You can listen to Ms. Dell'orefice's interview at www.npr.org.
And, I pass on her closing words, "Good luck to everyone out there and their ongoing lives. It's going to be tough."