"Plant Closes - cuts 1550 jobs"
"Debt Crisis Sends Stocks down"
"Quality of Life Decreasing"
"Consumers Squeezed as Inflation Rises, Pensions Fall"
These are just a few of the headings gracing the newspapers and news every day. How do you look and react to this news? These headings are not new and things we've been hearing in the news for years, but many choose to keep living life as though times are great and getting themselves deeper into debt. We cannot change the world's debt problems, but you can get your own house in order so that you can ride out the tough times.
What a better time to look at opportunities in these volitle times? Start tracking ALL your spending. Write it all down. You'll be surprised how much you do spend. Look closely at all your bills and look for ways to trim or cut out. Don't pay full price for items you consume on a regular basis - there are always sales somewhere, or do without until it's on sale.
Create a 30-60-90 day list. This is a list where you write down what you want. See how long the item stays on the list before you decide you don't need it. It will help cut down on any impulse buying, or something you thought you needed right away - you make do with something else or you find you didn't need at all. If it's still on your list then you may still need it.
Look at the ways you cook and stretch your food budget. Learn the art of using up. Learn to forage - it can be fun. This year we foraged for raspberries , dandelions and apples. Nothing goes to waste in our house - for instance - you can eat carrot tops, beet greens, radish and turnip greens. Soup goes along way and you can make excellent soup, by just looking at what's in your fridge or using up those vegetable tops that most throw out.
Look at ways to save on water, electricity, heating, and laundry. Start a garden. Even if you live in apartment you can still have a small garden inside. Or if you live on a balcony or have a very small yard you can have a pallet garden and grow fresh herbs, or tomatoes in containers. Start your own plants indoors.
I've learned many ways to save money. You will be amazed what others throw out and is perfectly useable. Being frugal is not a bad thing - make it a game !
Will you be (are you) ready ?