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We are approaching tough economic times. Lots of people living today have never been through an economic d?

.... downturn. What advise would you give them?

My family like everyone else, kept and reused everything - paper, string. my dad didnt buy but made our Christmas presents out of odds and ends he picked up throughout the year. My house now is full to bursting of things I'm keeping 'in case they might come in handy'

Update:

Jason I've lived and worked there for four years until 2008 - if you mean 'see how they reuse what we would call rubbish' then thats both a good and a bad story ' but thats a related but different issu

Update 2:

Jason I've lived and worked there for four years until 2008 - if you mean 'see how they reuse what we would call rubbish' then thats both a good and a bad story ' but thats a related but different issue

13 Answers

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  • 1 decade ago
    Favorite Answer

    I would say write out a budget and stick to it religiously ! Cut down where you can, but always leave a little for enjoyment which is a stress reliever ! Use coupons in the grocers and trade off babysitting with a neighbor if you have children ! Simple things in life cost little, and bring the most enjoyment ! Yard sale in the summer, you can find bargains galore ! Buy only when things are on sale and stock up if you can.. . . just use common sense, that's all. . .

  • Anonymous
    5 years ago

    a million. do no longer purchase books or DVDs - lease them from the library. 2. do no longer go out to consume as usually - make it a uncommon manage. 3. prepare dinner meals which would be remodeled. Roast 2 chickens on an identical time. Use the leftovers for sandwiches, salads and/or soup. 4. do no longer purchase bottled water. positioned money right into a water filter out and do your guy or woman at homestead. 5. Make a weekly menu and purely save for the products you like. 6. never ever visit the food market and not employing a itemizing. persist with the record. in simple terms as an occasion: whilst the youngsters have been small we knew a 12 months past to time that we ought to have liked to attend a relatives reunion in San Diego for the period of the summer season. there became into no way shall we arise with the money for a hotel for the period of the top season in San Diego so we stumbled on a campground proper on challenge Bay. We additionally had to take the youngsters to Sea international. Up until eventually then our prevalent Friday night meant ordering a pizza and renting video clips. We switched to making a pizza and enjoying board video games. We took the $20 each week that we ought to have spent and positioned it in a jar. on the tip of one 12 months we had in simple terms over $1000 and our holiday became into paid for.

  • 1 decade ago

    I think I know where you are coming from I too lived in a use and reuse family..second hand clothes were the normal for most of us..no wardrobes full of clothes..3 sets one clean one on and one in the wash..

    We have created a generation who throw everything away..they rarely repair..I fear how they will manage in this recession..I remember going to my Mother for pennies and being told sorry dear I have no money..she didnt mean she hadnt been to the bank she meant she had no money..I dont want to see this happen to our kids but they will have to start making ecomomies now..

  • 1 decade ago

    My grandparents who lived through the depression advised me to live within my means, dont be wasteful and when you get paid make sure that you pay yourself first (put money in savings).

    I never tried to keep up with the Jones and didnt run up big credit card bills. We were realistic about what we could afford and our children have lived their lives just as we did.

    I would advise people now to quit living in a fantasy world, accept the reality of living on what you make and to quit being lazy and wasteful.

  • 1 decade ago

    My parents grew up during the depression, so I'm a third generation 'pack rat'. It's a hard habit to break. We are moving from a house to an rv & I have a houseful of stuff to get rid of before we leave.

    I've been keeping our bills low, growing my own tomatoes, lettuce, peppers & spices, and stressing to my spouse that we can't afford to go out. I've stocked up on food, paper goods, etc, while they were on sale, so we're OK. [I'm on disability & he's laid off].

    It will be rough for a while.

  • 1 decade ago

    I am stocking up of canned food and as much as I can afford of meat and bread in the two freezers. Flour, sugar, salt and oil, some of the staples that keep a kitchen running no matter what. It is kind of scary to think of not having food enough to feed a family. I am lucky that way mine are grown and have kids and grand kids of their own. I hope I taught them well.

    Question for Jason, are you going to let China take over the USA and not put up a fight like our for fathers have done to keep our country free?. Only if we allow it to happen and I for one will fight for freedom. Buy only Made in America when you can find it, speak to friends about buying only American made thing. Do what ever you can to keep us free,. Please!

  • 1 decade ago

    My parents lived, as young adults, through the Great Depression. Before that, they were poor Florida crackers living a life pretty much out of "The Yearling."

    Saving, reusing, repairing came second nature to them, and that is how I grew up.

  • Anonymous
    1 decade ago

    I've lived through a few downturns ... most didn't affect me because I was gainfully employed. My advice would be to pay close attention to your job. If it supports your means this may not be a good time to search for a new one. Work like you would want someone to work for you ... and a little more.

  • ?
    Lv 6
    1 decade ago

    I've been through an economic downturn most of my life.Buy second hand at yard sales and rummage sales whenever possible,grow your own food,don't waste money on things you don't absolutely need,never use credit cards.

  • 1 decade ago

    If you don't need it don't buy it, if you don't have the cash don't buy anything. If you are not using it, shut it off. Buy a crock pot. Buy cheaper cuts of meat and use the crock pot.

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