The “Economic Crisis” as the media is calling it is officially here and that means we as a people have to deal with surviving in these tough times. This is a serious time for the American people as a whole and many people are asking themselves “How can I survive these tough times?”. Many have lost jobs already and are taking pay cuts, and many are having trouble finding work or fighting to keep their homes so they don’t become homeless. Here are some tips that will save and possibly make money for you during this economic crisis or depression, and tide you over until there are better days.
1.If you lost a job find one-
If you lost a job during this economic crisis you have to find something that will pay you money no matter what it is until you find something better. You need to be generating some kind of income somehow, there is no excuse for not generating income somehow unless you are sick or disabled. There are plenty of jobs out there for everyone to do, someone is always looking for help. The job market is pretty bad these days, and lots of people can’t find jobs they are looking for, so just do anything you can. Just make sure your doing something all the time. Times really are that bad.
2.Save your money-
Save as much money as you possibly can and don’t invest it in anything, You need money for more important things like food and such then the stuff you don’t need like that new big screen TV or pair of shoes. Conserving and spending on things that really matter like your mortgage,food and auto expenses are the things you should be focusing on. Then you should be saving the excess money for emergencies or investing in something worth while when the economy is better.
3.Do not invest in the stock market-
Obviously a no brainer, if you don’t want to lose money do not invest in the stock market until it’s going up again. Right now it’s going down and it has been going down hard, and it looks like it’s going to continue for that way in the foreseeable future so just watch it and wait for a clear sign of recovery then dive right back into it but for now definitely stay away from it.
4.Security for Your Home-
Depending on how bad it gets you might want to look into one of these, maybe even think about investing in a hand gun as well.
5.Cut down on excess spending-
Cut down your excess spending like going out to dinner and going out to places, as well as where you drive so you can save your gas. You should also look into getting a lower car insurance plan and find the cheapest phone companies etc. Like a person on a diet, shed those few extra pounds of excess and shed them fast.
Yes smokers, we know you are reading and they just raised the taxes on cigarettes again!
Buy cheap food, canned food, and water and stock up on that just in case. Anything that is non perishable for a while is a good thing. Buy cheap clothes, buy cheap, but not too cheap. Look for bargains on things you can sell later on, but be sure not to great ripped off and do lots of research before you buy.
Things will get better for America, they always do. Right?