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suggestions anyone?

Published Apr 30, 2008
Views: 316

the way all the prices for everything continue to go up (i.e. groceries, gas, etc.) I was wondering if anyone had any ideas for helping the recession we are in currently (or the one we getting ready to enter depending on how you choose to look at it.) any suggestions on cutting costs on certain things, or something like that? Not only to benefit myself, but anyone else who needs help with this. it's scary to think about, but this is only going to get worse before it gets better, so any help/suggestions that anyone has are much appreciated. Thanks, can't wait to see them! have a good day everyone!

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We could save money if we could stop eating, but somehow, I don't think that will work.

probably not, but maybe cut back just a little, LOL!

Just do what a company would do, look at your budget and cut expenses.

Start a garden. It's prime time for planting.

true, but cut expenses how? I mean at home, it's not like a business, you can't fire people.

Well, if your in the Clayton/Smithfield area and like to get out during a week night....

LaCocina has .99 drafts and margartitas!

Nice to drink a few and not spend over $5

Of course thats IF you drink.

Not to be mean, but if you have no idea on spots to cut down in your budget without someone giving you suggestions, just forget it.. You would need to start by recording yor expenses and look at what you are spending your money on. Everyone should be able to come up with a handful of things off the top of their head.

"Just do what a company would do, look at your budget and cut expenses."

Can I lay my wife off too?

We are in a recession ??? >.< I haven't heard that officially announced. just keep hearing - It's comming. (though it seems to have been coming for 7 years now - getting to the "cry wolf" stage)

But to answer your question. The easiest thing to do is keep a daily journal. Write down what you spend where and on what. Do this for a week or two. Then sit down and categorize your expenditures. Spend 1.25 for a soda 2x a day from a vending machine or convenient store? then stop - and Buy 6 packs from the grocery store and take them to work. (I actually keep a insulated cooler with a frozen gel pack with me).. That kind of stuff.

Preplan your weekly meals - budget and spend accordingly. I noticed a $175/ month savings doing this alone.

If it is really bad -

Have a cell phone with lots of extras you don't use often? Ditch it.. or kill it all together and go prepaid.

I cut sattelite off 2 years ago. No cable either. I get DSL through phone company. I found I don't miss TV (my brains were being sucked out through my eyes with the dribble on now anyway).

You have to weigh NEEDS vs WANTS eventually depending on how bad it is for you.

My goal 5 years ago was to be completely debt free by 2010. I'm ahead of schedule and outside of my mortage I only have school loan now and a consolidation loan. By 2009 just a mortgage.

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