Quick Tips To Survive The Current Economic Downturn
Friday, January 30th, 2009
I guess most city folks will start leaving their hometowns soon. It’s already the fifth day of Chinese New Year, fast eh. Many of my friends have already left. During the same time last week, both hubby and i were still very busy helping his mom buy stuffs back. We even bought tow new huge red lanterns to hang at the porch. And also lots of Chinese New Year decorative items for the house. I even replaced the one on my bedroom door. Though the economy isnt showing any signs of becoming better, i’m sure if we are careful with our spending, we can brave through it all.
Some quick tips to survive the current economic downturn. Let’s start with food first. Remember to only buy what you need and check the expiry on every single food item to lessen wastage. If you can, buy in bulk on necessities to save on fuel and time needed to go to the stores. If possible, buy less clothing. Cut down on unnecessary expenses like cable tv and magazine/newspaper subscriptions. The internet has a lot of free entertainment to offer. Take your kids to the park instead of to the malls where there are lots of temptations. It’s good for them to run about and get lots of fresh air anyway. Healthy family = less trips to the doctor’s = safe more money.
There are some things that you should not skimp on. Do remember to pay all your utility bills on time to avoid being charged for reconnection fees. Make sure you check on your life insurance to see that you are adequately insured. You sure do not want to put your family through further financial difficulties should some unforeseen circumstances happen to you. If you need to buy life insurance, then check out the link i left here in this post. Last of all, stop using the credit card for purchases as interest rates can be high if you cannot make the payment on time and in full. Hope you have a wonderful Year of the Ox ahead of you.