(no subject)

[velvetechos]

In response to the slowing economy - what are some of YOUR ideas for staying afloat?

How has this downturn been affecting you, if it has?

What steps are you taking to contribute to the growth of our economy?

These are questions I'd like all of you to answer - even if you aren't in the US, since I know the credit problem is a bit of a world wide issue. Don't be shy :) I want to know.

I've put my answers in, as a comment to the post.

Comments

[lolitabonita.livejournal.com]

Good, thought provoking questions, Ki!

In response to the slowing economy - what are some of YOUR ideas for staying afloat?
We aren't doing much more than normal. We're not buying lavish things or a lot of extras. That's mostly due to food and utilities costing more and trying to maintain a budget.

How has this downturn been affecting you, if it has?
It's scary to think of "what if" situations. Sam banks with WAMU, which is looking for a bailout, so that's scary. It's also affected the local job market, which is bad since I'm looking for a change.


What steps are you taking to contribute to the growth of our economy?
Just like you said, we're not pulling out all of our money. Neither of us has ever had the money to invest, but we're not pulling out money out of banks and hiding it in our mattress. We try to buy local to the Northwest, too.

[velvetechos.livejournal.com]

Ack....the bank bailouts are a scary thing. I heard Wells Fargo is having some issues as well, although I think they'll be okay...they have a large mortgage division, which I think is what is causing them problems now. The local job market, also, is something bothering me, since I'm looking to get out of where I am - but I know I am in a secure position for the time.