(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

[velvetechos.livejournal.com]

For staying afloat...nothing yet really, except for taking as many strides possible to grow the money I already have, and to micromanage Matt's and my combined budget. I've traded down on some items I'd normally by from the store, but only if I see something comparable. I'm not really the type to freak out and "hunker down", since we're not swimming in debt, and I'd rather enjoy the life I do have, since we only live once.....

The downturn hasn't affected me beyond my annoyance at the "scare tactic" headlines, and advertising constantly trying to use it as a marketing ploy - just like the "with the price of gas" comments I constantly hear, they literally give me a headache! Now all of these "with the current economy" comments - it's all anyone talks about, and it's really grating.

To contribute to the growth of the economy? Well - I'm not freaking out and pulling all of my money from the bank...which would contribute to more financial institutions crashing. I'm still buying the same goods I would normally buy...I'm attending plays (local productions), and buying local goods to strengthen the local economy - strong local businesses and spenders spread to create stronger economies nationally and globally. That's my best advice really - put as much money as you can into your local economy.