Saturday, March 29, 2008

How To Beat a Recession

1) Plan Spending: Although most people do not like to do this, make a monthly budget of your monthly necessary expenses, and stay with that budget. It is easier done than you think. Plan to eat meals at home and pack lunches for work. This alone can make a major difference on your bottom-line.

2) Spend Less on Groceries: By this I do not mean that you should eat less. There a grocery stores which stay open for 24 hours a day, 7 days per week. Who do you think pays for that? Of course, you the customer pay for this convenience. Plan your groceries at stores such as Aldi Foods. Aldi Foods offers the same groceries at a discount. They are able to do so by maintaining set hours, a limited number of employees, and avoiding credit card merchant fees by accepting only cash. Find a location near you by going to http://www.aldifoods.com/.

3) Spend Less on Gas: Okay, this is a tough one. However, you can find the best deals on gas in your town by going to http://www.gasbuddy.com/. Other than this, seriously consider joining a work car pool. Further, before leaving the house to do chores, plan the shortest route.

4) Create Money: Find a way to create income to combat the cost of recession. Go through your house and find things which can be sold online. These items can be sold for free on http://www.craigslist.org/. Also, consider a home business which will enable you to work from home. Visit http://www.samswork.com/.


Between savings and additional income, you CAN beat any recession.

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