Credit Crunch: How to Survive the Recession

September 10th, 2007
4Sale

The news is bad. The “housing bubble” has burst, job growth has become job loss, and the cost of credit is going nowhere but through the roof. It looks like the ‘shoestring’ some of us have been living on for awhile now just got a little more frayed.

While there is lots of moaning and groaning about how bad things are getting out in the real world of trying to make do, there’s not a whole lot of good advice about how the middle class can hope to survive the crunch. I’ve surfed around a bit and found a few pages offering real help and analysis, and have linked those at the bottom of this entry.

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Popularity: 100% [?]

Thrifting: It’s An Art Form!

September 4th, 2007
SomDs

Thrifting – shopping at secondhand stores and estate/garage sales for bargains – can do more to stretch a tight budget than shopping at Wal-Mart ever could. Even better, many secondhand outlets are charity sponsored, so the money you do spend goes to worthy causes. I am particularly fond of the smaller Catholic Charities and a couple of Kiwanis/Lions outlets in my town, but for basics and a large selection you can’t beat Goodwill and the Salvation Army.

Once you get into the spirit of thrifting it can become addictive, so do be careful to keep yourself to a set budget, only occasionally allowing yourself to make that ‘extra’ purchase because you might never find that item again if you don’t get it right now. When they say “one man’s trash is another man’s treasure,” they mean women, mostly. I have bought so many bargains at secondhand stores in my life that my motto is “she who dies with the most junk wins.”

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Popularity: 10% [?]