Tips to survive Recession

Philippines
October 14, 2011 7:03am CST
Hi mylotters, since recession hit us, what were the things that you gave up to stay on budget? I posted this question because I just realized I haven't been to the Cinema for the past 6 or 7 months now, where in before, my husband and I usually go to the movies at the least twice a month. How about you, what are the things you gave up? And what tips can you give to survive?
1 person likes this
5 responses
@megamatt (14331)
• United States
14 Oct 11
The recession can be rather tricky but many can whether the storm. I think the most important thing to think about is to kind of limit the leisure activities. Stay at home most times. Maybe break out a board game or watch television, but there is no reason to go out to dinner, as that is rather going to eat into a lot of the money. Between the price of the meal and the price of the gas driving back and forth. Also when you can walk somewhere, do walk somewhere instead of driving. You'd be surprised how much money people burn through because they have to get into their car because of distances that easily can be walked. Also leftovers from dinner, instead of throwing them out is rather something that does save a few dollars here and there. I think that in general, there are many little tricks to save a bit of money here and there.
• Philippines
15 Oct 11
Yes, I agree, we can do a lot of fun activities at home. And board games are a great idea, I remember when I was a kid, we have a lot of board games at home, though I preferred playing with my brother's GI Joe toys. haha! And yes, walking is a good way to cut down on gas and fare, as well as good for our health too. =) Thank you for sharing megamatt.
• Philippines
14 Oct 11
I give up eating out in restaurants. I prefer to cook my own meals now because it's cheaper,healthier,cleaner, and more delicious since you'll cook it according to your taste.I also use less beauty products than ussual and examines well the quality against the price.I also cut on riding taxis and take buses,jeepneys, and trains as possible.
• Philippines
15 Oct 11
wow! you've really done a lot of cutting, but that is really good. My husband and I also tried to avoid eating out, as much as we can. And you are right, home cooked meals are still the best. Thank you for sharing! Cheers!
• India
27 Oct 11
Great You have done the right thing Loli Thanks for sharing Best of luck. Professor
• United States
14 Oct 11
My tip is that if you like to watch movies, go to your local library, they usually get the new releases and if you borrow them while they're still new, they usually work on your DVD player. It's a great way to still watch movies and not have to pay for them.
@ShyBear88 (17216)
• United States
14 Oct 11
Well some tips, don't eat out if you are going to eat out make it once a month or even less then that. Try to find like second rate movies or as other people call them dollar movies you still get the big feel of the cinema but at a cheaper rate. You just got to sacrifice some things of both parties. We gave up a lot after our daughter was born. Eating out isn't really and option any more, staying home as much as possible or walking around place instead of eating places or going very far. Activies out side are fun to do with family and friends. Live with close friends or family you get alone with can help too. Save, save, save.