What Will You Give Up

The first thing I will be giving up is soda. I am down to 2cans a day. I'm planning to go cold turkey tomorrow. We have also gave up eating out. This has saved us alot of money. It has saved in the amount of gas we use also. If things get much tougher we will have to give up our truck and buy alittle beater car.

Don't give up your internet ... There are so many other things that you can save. Cook your own meals, take lunch from home don't buy outside, take the bus/subway. Recycle bags so you won't hae to buy others. Buy with coupons - and only what you need. You can buy presents when thay are on sale, as clohes and everything else. Internet is a connection to the world, and I don't think it's so expensive. If yes, shop around.See what other companies are charging. Good luck!

I will try to save some money on petrol. I have already started doing it. Instead of going to work with two cards we share a lift. We work five minutes away from each other and our working schedule is very similar. © ronaldinu 2008

I will not eat out as much. I will use more generics. I have cut back on gas and not buying things that I dont really need. I try to be conservative with lights and all other things like that. I am cooking at home more and baking my own breads.Cutting out the junk food is good because I am on a diet.

We are putting a lot more thought in to what we are spending our money one. If we need to we can give up the cable and internet but that is a last resort. We can lower our cell bill and quit using minutes. We can cut back on our food consumption and save a bit. I am planning on growing a bigger garden next year to try to help a bit.

I can tell you what we have given up so far. Three months ago we gave up our 4000 sq ft house to move into a 1500 sq ft apartment. We gave up satelitte television. We gave up minutes on our cell phones that we don't use anyway and switched to a very family friendly plan. We gave out going out to eat each week. That is what we have done so far, and I want to let you know that we are happier for it. We didn't need the huge house, we wanted it. Now in our apartment our family is closer and we spend more time doing things together. We don't miss satelitte tv either, we paid for hundreds of channels that we never watched. And at the current moment we don't even have a tv because the bulb blew and we don't want to spend $200 to fix the bulb with Christmas coming. We don't go out to eat very much, maybe twice a month... so I splurge on groceries, meaning I don't compromise there because food is a neccessity and as far as I am concerned should be quality food. I think the easiest way to make finanical compromises is to take a look at the things you really need, not what you want, but what you really need. Then keep one or two of those things that you want. :)

Who tells you that you should stop paying your internet fees? If you feel that it's important to keep the internet, then keep it as long as you can pay for it. The more we draw back and quit this and quit that (assuming they're things we can afford) the worse the economy will get. All of that said, I live quite frugally and have for years. I won't be doing anything different. I buy locally when I can, eat seasonally, don't eat out, drive as little as possible, etc.

I will be raising the deductibles on my car insurance, as my son's car isn't worth much so if something major should happen to it we would be better off just replacing it rather than fixing it. I am also cutting back at the grocery store and buying more items at the dollar store to save more money. I use coupons and rebates when I can as well. I be looking at what we spend on the kid's stuff at school and see what we can do without. During this time I will also be focusing on paying off all of my bills in an effort to be able to put a little money back for savings.

Personally I don't think that it is a case of people needing to actually give up anything, but is more of a case of people needing to be more responsible with their spending. The downside though is that this mentality will ultimately create a catch-22 situation in return. Economies can only stabilize and bounce back if people are spending and consumer confidence improves in parallel. The more we tighten our belts, the harder it becomes for companies to generate revenues that pay wages and encourage positive fiscal growth. If we are able to find a balance between responsible spending as a constant coupled with saving for a rainy day just in case, we have a better chance of the hard economic year being shorter than predicted.

First of all, kerriann, don't feel like you have to give up your internet connection in order to help anyone or any kind of economic situation. Yes, times are hard but people are still important and your happiness matters. I've already cut back on everything that I can cut back on. No more driving an hour to the mall on Saturdays just because. We've even cut down our trips to the local Walmart and buy most of our groceries at the little local grocery store...to save gas and to help our community. There are only so many things a single person can do. We're not in a state where one has to give until it hurts so, until or unless we are, continue to enjoy your internet for as long as you can...guilt free.

Well, I would most likely spend less on eating outside (restaurants or foodstores), and cook more meals at home. This way, we will save on food, and petrol - we have to drive out to the restaurants. And be smarter in shopping for groceries - best prices or promotions, shop in volume or look for alternatives.

Since I already survive on next to nothing compared to most folks, I plan on giving up nothing.

i think i waste lot of money eating fast food and snacks. i could cut it short. it will get me enough money. and i could walk 1 km everyday instead of calling for taxi, there are not many other things that i can cancel.

Hello, Kerry well for me i party almost every weekend. It really cost a lot to in to a party and honestly enjoy myself. My main plan for next year is to party less maybe once every month that would surely leave more money in my pocket. Another thing i really have to do is buy less clothe and shoes. Thats a sacrifice that really will take a whole lot from me but i'm prepared to try.