How to spend during Recession?

First, I must say that thinking twice before buying any products is the right attitude of spending no matter it is recession or the economy is rocket high. Now, back to how to spend during recession. I would say it is the best chance to spend if you have a relatively secure income source (such as your job is kind of secure and resistant to recession). The reason is simple, things are getting cheaper in now when most shops are having sales and big discount to attract customers. Thus, a dollar spent now is going to give you more satisfaction than when the time is good.

the more people who change the spending habits the longer we will be in recession, if people stop spending then companies stop making profits and pay people off, which then means they stop spending and companies lay more people off. Everybody needs to be sensible and to cut their spending to a certain degree but not massively as if people stop spending and putting money into the economy then the situation will continue to get worse.

I am one of the many persons who is affected due to recession. I didn't get a salary hike or bonus for the past 2 years. My company is saying it is recession time and there is no money, but the work is going on well as usual. I tried to shift my job, but the other companies are also not offering good hike, they are also blaming recession and making it as a reason to give low salary regardless of the factor that they are affected by recession or not. I have planned to cut down my spendings due to recession, but later I realized that it is not practical because I got used to spending a lot. But, it is high time and I seriously have to put an effort to stop spending more. Thanks for reminding me.

I would really find other better and cheaper alternatives before parting with my money. cost cutting measures are simply using common sense, so it's not really any harder. find cheaper or better alternatives and be sure that it's a need rather than a want. the golden rules are there, just follow them. :)

I know the economy has taken a hit on us. My husband's boss seems to find ways to short change his paycheck and will only pay him for working up to three hours a day (if things do not get done within three hours time he must stay later and finish, but his boss will not pay). I try to be as frugal as possible. I only have the barest necessities and that is not even helping. I have already gotten rid of our home phone and cell phone (we had no choice), we cannot sell our house (although we may end up having to), and now we have an insurance company that keeps on telling us that our premiums are the same (I thought that houses and cars depreciate in value). Unfortunately, we cannot get rid of the car because it is our only mode of transportation (we live in the country so we have no busses). We are not even living paycheck to paycheck we are barely living at all. Everytime we turn around we are giving money to these companies instead of being able to save money. I was hoping to start on my craft projects, but money is so tight.

I am frugal with money because the economy has hit my husband and I very hard. YOu know how some people are able to live from paycheck to paycheck, we cannot even do that. My husband's paychecks seem to be getting smaller and smaller (most of the time it is because my husband's boss cheats him out of pay) and we are struggling so much. We have the barest of necessities and still the money is not there. We have to have power, food, the Internet (me to make money and attend grad school and my husband attends college), the car, a mortgage, and of course the city bill. The money we have is not enough and I do the best I can to make it stretch. My husband is diabetic so I have to be careful with what I buy. I have managed to cut out grocery bill down to 25.00 a week (which believe me it is not easy). I am also trying to make some money on here so I can start on my Christmas gifts. I am also learning a couple of crafts so I can start selling online. I already paint ornaments and will start doing that this weekend. I am also learning how to make jewelry.

we eat rather cheaply all through the year. during the winter, we have a lot of soups with homemade bread and during the summer, we have a lot of salads and tortilla wraps (with chicken). we visit the library once a week to get movies and books (i cannot remember the last time i bought a book!) we also shop at thrift stores for a lot of things. we bought our daughter a pair of ice skates for $5-! we do a lot of out door things like skating and tobaganning in the winter (we are in Canada) and swimming at the beach in the summer.