
February 21, 2008
Recycleing saves the planet
November 25, 2007
The Economy is falling apart
I read another article, in today’s paper, regarding the future of the economy. Another wave of foreclosures are coming, and that will further crash the real estate market and finish off the loan sector. Then these losses will lower consumerism, which will hurt retailers resulting in job losses. It is a huge dominoe effect.
The unemployment rate here is 5.3% Thank God my husband is yet to be in that boat. He does Air Conditioning, Refrigeration, and some plumbing and he works for an old and very well known company. Hopefully that will insulate us from unemployment. People in Florida MUST have A/C, and the restaurants MUST have working refridgeration, and everyone MUST have working plumbing. I will tell you that business has slowed down and his checks are smaller than normal, but we can still make it… IF we cut back and cut down.
We need to refinance our mortage down a little and cash in on some equity. We need to pay off or lower the car payment. We MUST put savings in the bank, and really reconsider all the additions and changes we were going to make on the house. They are all so important and desperately needed, but if we don’t get enough money out of the appraisal…. then it all can’t get done. It would be more important to have more money put away anyway.
Then other monthly bills need to change. That storage unit has got to be downsized. It will cut the bill in half. I truely can’t bring it all home, so the unit stays. The electric bill is still too damn high. That is going to take some serious creativity. The grocery bill is definetly out to lunch and I am learning the ways of couponing! SO, hopefully that will be undercontrol soon. I am back at curbside shopping, garage saleing and thrift store shopping. I love that and it does save money on everything. GOAL is to not pay full price for anything and get it used if at all possible. Obviously that isnt always possible, but it is a fine goal to be sure. I am mastering the CVS deals and that is definetly working to save money on RX and other non-food items.
The economy is scarey and we all must find a way to cut back, cut down, be more frugal and just learn to live with less. We won’t go through another Depression, but it will still be damaging to the people of the United States.