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Friday, December 18th, 2009

Thrifty Mommy

The Silver Lining in the Recession

August 18, 2009 by Karen Weideman  
Filed under finances, financial matters, saving money

The Silver Lining in the Recession

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


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