How To Make Your Recession Money Last
Author: Roy Primm
The recession continues to squeeze many people to the breaking point who have steady jobs, dont even think about the estimated 1.5 million documented people who are looking for work and the other estimated 2million who stopped looking or unable or unwilling to work for various reasons.
The recession effect on people bank account, retirement and attitude is unprecedented in our life times and calls for not only government actions but more importantly individual actions. The actions you take as an individual will be far more important than any local, state or government action that will be taken.
In case you havent noticed many governments, including your local , state and even federal government is in as much or more trouble than many of its citizens. So, waiting or hoping that the government will rescue you like the Calvary in the old western movies may be as realistic as a Hollywood sound stage.
While the local, state and federal governments get their act together, apply the following tips to help you make your money last longer.
1. Trade your skills or knowledge for money.
Contrary to popular belief you dont always need money to buy products and service now. Thanks to the recession bartering is in again. In case you dont know heres the definition of bartering. Trading your talent, skill, or knowledge for another talent, skill, knowledge.
But now you can also add products and services in that definition as well. You can find 100s of bartering clubs on the internet that will connect you with people, businesses and organization who are perhaps looking for what you have to offer. Dont overlook this valuable money saving tool.
2. Buy Items That Can Serve More Than One Purpose.
Youve heard of multi-tasking when it comes to working on a project or task, its an efficient way to get things done in less time.
Now you can apply that same principle when it comes to saving money on your purchases. Try to purchase items that can service more than one purpose. If you can it will be like getting double the value from one purchase. For example, buy furniture than you can store items in, or portable items you can use in more than one room or location.
The combinations are endless when you start thinking about it, youll surprise yourself how many multi-tasking products and even services you can buy and get more bang for your recession spending buck.About the Author:
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