Monday, April 20, 2009

Surviving Recession - Ian's Way

In the following blog entry I will be teaching you a consumers approach to keeping your head above water during times of economic instability.

1. Food consumption: There has never been a better time to go on that diet you've always wanted to but didn't have the motivation for. Save some cash, lose some weight! If you're religious, skip lunch and fast and pray instead! And for those of you who find cutting back on food consumption to be too extreme, stick to 3 meals a day and try eating in moderation.

You'd be surprised at how much cash you can save by not eating excessively.

2. Cut back on Luxuries: In today's materialistic society, people around the world are driven by expensive clothes, accessories and cars. I however, urge you to look away from that lifestyle. Who cares if your neighbor has a Bentley, or has a better wristwatch than you do! There's no shame in being an average Joe/Jane. Living a modest lifestyle may even have its benefits in the longrun - instead of buying a better car, drive your old one and save up for a holiday in your dream destination.
Also when out doing groceries, you could also try buying the generic branded food items from your supermarkets, sure they wont taste as good initially but that's nothing a little bit of salt, pepper and ketchup can't fix!

3. Be on the look out for the best prices: Be vigilant! Keep an eye open for discounts and sales at your local supermarkets and stock up on food for rainy days. If its free, TAKE AS MUCH AS YOU CAN!

4. Share the rent: If you've got a spare room in your apartment, get a friend to move in and pay split the rent. Alternatively you could move back home with your parents and not have to worry about rent at all!

5. Seek Poverty - become a Buddhist Monk: Pack your bags, head over to the nearest monastery and seek enlightenment. Ditch all your personal belongings and seek a simple, meditative life without ever having to worry about money again. Also according to my understanding, they have got free robes!


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