The Silver Lining in the Recession, Part 2
August 19, 2009 by Karen Weideman
Filed under family, financial matters, money saving idea
Yesterday, I took a different spin on this whole recession thing. I told you that this recession has brought some good to us. Americans are finally spending less, saving more, and finding more ways to cut back and be content with what they have. It wasn’t too long ago that we were spending more than we made and not saving anything. I think this whole saving money thing is pretty fantastic news!
After some thinking, I realize there are more positives to the recession. Another plus is that we’re eating out less. We seem to be known for our lack of …read more
The Silver Lining in the Recession
August 18, 2009 by Karen Weideman
Filed under finances, financial matters, saving money
With all of the layoffs, home foreclosures, and economy issues it may be hard to have anything good to say about the recession. Believe it or not, the recession is helping to change some of our habits, for the good.
A few years ago, I send out an email ranting to my friends about Americans being frivilous and spending more money than they made. If I remember correctly, at that time, Americans were spending $1.50 for each dollar they made. That meant that we were in debt; in big time debt. Being in debt like that really bothered me. We are so …read more
The New Thrifty Consumer
July 21, 2009 by Karen Weideman
Filed under financial matters
Guest post by Sarah Russel.
With the economy experiencing its own problems, most people around the country have been forced to rethink their expenditures and cut back on items which are only purchased for their luxury appeal. There have been many new terms with which to refer to this more conscious effort to reserve spending habits (recessionista, poorgeoisie), but for many typical middle-class family, this is a normal effort that parents put forth in managing their funds. These families understand that they cannot shop at high-end stores, but must instead provide for their children and make sure they are fed and clothed.
While …read more
What Recession?
May 29, 2008 by Karen Weideman
Filed under financial matters
It is no surprise that the media is putting fear into the hearts of voters during an election year. Dave Ramsey shows how the media is encouraging recession fear.
