Are you concerned about the financial crisis?

Norway
February 24, 2009 5:53am CST
At these days it's on newspapers all over the world. How should we deal with the financial crisis? How to handle the economical crisis? What to do when you need to cut you budget? I don't feel i am the target of the financial crisis, do you feel so? There are a lot of nationalities out there, how do you feel the crisis?
1 person likes this
6 responses
• India
24 Feb 09
yeah I lil i mean the prices r goin up n down so if I buy somteims today n then2morrw its cheaper then im really just wastin money right?? happy lotting and have a nice day! :D
• Norway
24 Feb 09
:-) I'm not sure if it works like that. But anyway, if we don't spend money we will use more time on coming up from the crisis.
• India
25 Feb 09
yeah maybe but then we also need ot be sure that we made the right decision
• Philippines
24 Feb 09
yes were affected its like lightning crashes to me. i already purchase one of my car.
• Philippines
24 Feb 09
opps im sorry i didn't mean purchase. what i mean i sold one of my car hehe.
• Norway
24 Feb 09
I'm sorry to hear. But we need to move on in these times. A car is at least something that we can get back (well, maybe not the same car).
@fren45 (898)
• Malaysia
24 Feb 09
Is absolute truth that finacial crisis has lot impact to the world economy.. Anyway life still have to move ..so we have to be positive and move ahead. :D
• Norway
24 Feb 09
That is great thinking:-) Yes, we need to be positive and keep the world moving.
1 person likes this
@fren45 (898)
• Malaysia
26 Feb 09
true indeed mate.. Time to move.
• United States
24 Feb 09
I actually am more financially secure than ever before. I don't feel it really, but I do know people that have been affected. I think I am pretty safe from it and am not concerned too much personally. But I am concerned with others.
• Norway
24 Feb 09
I don't feel it too. But i have seen the job market fall apart. It is tough times for many and i don't like that idea.
@donsky14 (5963)
• Philippines
24 Feb 09
A lot of people are affected by the economic crisis here in the Philippines. A lot had lost their jobs...and I use to be one of them. But luckily I was able to find a job in a month and half.
• Norway
24 Feb 09
That's great:-) You have been lucky. In Norway there are a lot of people without jobs, some companies goes down. But i think it all started with the stocks over here. Everybody got a stock and the stock balance is influenced by the global economics. When you have enough of those, it's a matter of time before it all crashes.
• Philippines
24 Feb 09
Any entity that claimed not affected by the crisis is not that HIGHLY involving itself to any given circumstances. The point is, global crisis affected all and its influences how the world is going on. Take note of the increasing transportation fare, the decreasing sizes of the bread, the prices of basic needs and the closure of some establishments that we love to buy some stuff. We all are affected, giant companies are affected and how much more the consumers? In this phenomena, there are alternatives to combat with the predicament that we are facing. My tip, is not to depend so much from where you get your finances and have some other source of income. Learn to save. Make a list of the things that needs complete attendance. Set priorities and avoid lending money if it cant give you an income. Bottom line borrow money to make you active and productive; in the case of money lending. Avoid unnecessary expenses. Most of all, give your 10% to the Lord and it will come back to you!
• Norway
24 Feb 09
I'm not sure if i will anything to the lord, he probably wants us to spend more money on this earth. If not we will get high inflation in heaven:-) But there are some great tips you share here. Thank you very much. The best way is probably to save the money and use the money smart.