With a recession around the corner petrol prices rising, food prices on the way up wages kept artificially low by foreign workers. what can we do to keep our heads above water especially with the huge debt mountain we have accumulated.
2007-09-14 07:09:01 · 9 answers · asked by diablo.x 2 in Business & Finance ➔ Corporations
Produce
2007-09-14 08:18:21 · answer #1 · answered by Feeling Mutual 7 · 0⤊ 0⤋
Always live within your means and if you cant afford something then save up...instead of borrowing at high interest rates! Its always more satisfying to know that something is payed for up front .Don't keep looking for the next best thing,be content with your lot and enjoy your loved ones.As for the wage issue ...I have no answer ,as long as people are willing to work for minimum wage employers will pay no more.
Yes hard times are ahead and the only solution I can see is a new government capable of the job!
2007-09-14 14:25:59 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Sell stocks short and wait for the market to dive with the recession. Take your profits and buy stocks long when the market has bottomed and wait until you've tripled your money.
Sell everything & wait for the next down cycle & repeat.
You can thank me by calling from your Yacht.
2007-09-14 14:21:01 · answer #3 · answered by john p 3 · 0⤊ 0⤋
Live BELOW your means.
Make a budget EACH month is most important. If you actually write down what you make and what you need to spend it on, it seems like you have more.
Pay minimum balances on credit cards and pay off the smallest one first, creating a snowball effect. Do not use the credit card again.
Pay everything in cash, if you cant, you cant afford it. Stop acting like a kid who needs the toy and wants it NOW.
LIVE LIKE NO OTHER NOW SO THAT YOU CAN LIVE LIKE NO OTHER LATER!!!!!!!
2007-09-14 14:15:27 · answer #4 · answered by Jason C 1 · 4⤊ 0⤋
Emigrate
2007-09-14 14:15:01 · answer #5 · answered by Kitty Dangleberry 4 · 0⤊ 0⤋
Cut all non essential spending.
By elminiating cable PC, you can cut your monthly phone bill from 90 to 30. dollars
More if you give up the cell phone.
You asked!!!!!
2007-09-14 16:01:31 · answer #6 · answered by TedEx 7 · 0⤊ 0⤋
Stop buying ipods and start saving up.
2007-09-14 14:14:45 · answer #7 · answered by meridimus 2 · 3⤊ 0⤋
rob the local bank
2007-09-14 14:13:34 · answer #8 · answered by talks good s hit 6 · 1⤊ 0⤋
i'm wit the last answerer, go set it off!
2007-09-14 14:16:08 · answer #9 · answered by BQ 6 · 0⤊ 0⤋