Monday, 5 January 2009

what we need to do when economy recession

Believe it or not? Current economy depression is the worst since World War II. Some people believe of 10 years cycle. So they seemed correct, the last economy downturn was in 1998, which badly hit Asia Pacific countries. Now year 2008, it happened again.

Middle class citizens like me are worrying of being laid off. We scared of unable to finance car and credit card loan repayment and so forth. Businessmen worry of slowing down sales will causing inability of paying wage to their staffs and business loan repayment in which finally forcing business shut down. It is a nightmare for all isn’t it?
Here some tips for us to face current economy crisis.

1. Spend less – be a smart consumer, always compare price before buying. Cut your budget on unnecessary things. You don’t have to buy new clothes often as your wardrobe still full of clothes ever i always do it.

2. Eat fewer snacks and other junk foods – cut your habit of eating snacks during tea time or movie. It is unhealthy to you too. I was try it.

3. Manage your credit card for shopping – use cash but for me better use credit card coz have a limit..so dont spent more than limit.

4. Plan your travel wisely – avoid unnecessary or repeated trip. Use public transportation as well ever its make u uncomfortable.

5. Plan inexpensive holiday - cut your year end holiday and expensive trips and travel to nearby place is enough. There still a lot of nice places nearby your staying place..like me just went to bekok...local waterfall..just around 35 km from my house.

6. Don’t resign and finding another job – don’t fool yourself by hoping to get better job during crisis, nobody will hire you except u was got it.

7. Switch off when you’re not using it – don’t just leave your desktop/TV on when you are not using/watching it, apply this to other electric appliances as well. You are not just saving money but also slowing the global warming.

8. Use your air conditioner/fridge wisely – every increase temperature of 1 degree Celsius/Fahrenheit in you A/C or fridge, you could save few percent of energy.

9. Find extra income – start invest to get more money or do it something which make u get a money...(not illegal way ok).

No comments:

Post a Comment