Tuesday, April 24, 2012

Living Through a Recession

We live in some rough economic times in the year 2012. While those who run the country would like to make you think that things are getting better, the reality is that the state of the United States and the rest of the world is not all sunshine and roses. We are in the middle of a rather horrific recession.

When a nation or the entire world finds itself trapped inside of a recession, it is survival of the fittest. Economic woes have visited all and only those with the foresight to set back enough to weather a storm will mostly be okay.

Living Through a Recession


For the citizens of any country, it is often times unwise to wait for your government to take approriate action. People sit around, assuming that things will turn out for the better. Rarely those things do not turn out for the better, in reality, they shift right towards the very worst.

To live through a recession means that we have to make the most of what we have. It is not what one makes, it is what one saves. We need to ask ourselves some deep questions.

Do we really need to go out every night, when staying home will save gas money?

Can we walk to this location as opposed to driving?

We have some something that might not be the most top of the line production on the market but it works rather well. Why do we need to replace it?

The car runs well and gets us to location to location. So what if it looks a little old and is not the latest model.

The dollar store is looking like a good option right now, after the grocery bill ate a hole through our finances, doesn't it?

We need to be careful how we spend our money. The biggest problem is that people can in fact become wealthy even during a recession and they squander that ability, thinking that the good times will continue to roll on and on again.

The people who have it the worst are the one's who could have had the ability to live a moderately comfortable lifestyle had they saved their money, instead of just blowing through every dollar that they earned.

We are in the grasp of a recession and everything is going to get much worse before it gets better. We must be creative with our finances, frugal, and each decision must be made with careful consideration.

Do what is best for you and your family. You might not be completely comfortable without luxuries but you will live enough to get by, until that brighter tomorrow comes.

Someday the economy will turn around, we do hope that. Spend wisely, save what you can, and if you can make money, don't blow too much of it, because there may come a day where you will not be able to earn any.

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