So if a recession happens, will you be done buying? will you continue to buy?

Question

or will you start working your way out of the hole you put yourself in while buying everying in site at walmart?

in response: actually the news says they are predicting a recession within 6 months here. Prices to soar.

a note to those doing well: you must have some darned good income and steady employment over several years. consider yourself one of the lucky ones.

Answer 1

I'm already starting to get things stored up in my freezer. I just bought a crank radio from LL Bean the other week. Well, I will have to obviously buy milk because it spoils and bread as well. I certainly will not be frittering my money away.

Answer 2

I will continue to buy the necessities of life, such as food, clothing. I've decided to forego buying another car this year. I'll drive the 10 year old one I have for at least another year. Hole? I have no hole to crawl out of. Debt free except for my low, fixed rate mortgage. I'll buy what I can afford for Christmas. I hate being in debt.

Answer 3

lol I prefer Sam's Club. If a recession hits, like most people, I'll buy only necessary items.

Answer 4

hate to break it to you but it has begun. if the carnage doesn't stop soon, the "d" word might happen. very scary stuff.

one thing about financial markets: once it's on the media, it's already too late. try to get out of debt especially credit card debt and when you're out stay out.

Answer 5

a recession has already started where i live,so we are very careful with our money!

Answer 6

recession happens? where have you been we have been in a recession for several years. Did you forget.

Answer 7

i dont' have that much money to spend, so i'll proly just keep on doing / buying nothing.

Answer 8

I will be starting "selling" a lot !