Tag Archives: recession

Frugal Consumers Hurt Recovery

At least that is the latest headline in the news. The Associated Press reported a story that consumers are being cautious about what they spend and that is hurting the economy. “For the economic recovery to gain strength – and the unemployment rate to come down in any meaningful way – consumers will need to become less frugal.” While I understand the basics of economics and how less spending can influence employers to be wary about hiring new employees. This can then affect the unemployment rate, I have to take offense at blaming the economy on frugal shoppers. Are we … Continue reading →

How Husbands and Wives Can Help Each Other in this Economy

The economy is affecting everything including marriages. We’ve touched on this before in the marriage blog, how financial crises can lead to conflict and divorce, how it can affect the kind of wedding that you have and even how it can delay a divorce. Today I wanted to share with you some ways that husbands and wives can really help each other in this economy and make not only their marriages stronger but support each other. When the economy, global or personal is in crisis, it is more important than ever to work together. Although your husband may or may … Continue reading →

Pregnancy, the Economy, and Your Job

The current economic recession/depression has many people worried about their future job security. This includes pregnant women, who may worry about their health insurance and maternity leave benefits as well as the job. A recent study suggests pregnant women may actually be most at risk of losing jobs during a recession. The study was conducted at the Hebrew University of Jerusalem. The study’s author looked at this and past recessions in collecting data about employment for pregnant women in times of economic hard ship. During difficult times, pregnant women may be seen as a ‘weak link’ or easily fired. Sometimes … Continue reading →

Dealing with Limits in the Economy

Most of us are facing limits these days. From food prices that have soared, to layoffs, to declining stock prices, we are being forced to take a look at limiting the things we can have and the things we can do. Dealing with limits can be difficult, especially if the concept is new to you. But it is important to take stock of your resources as soon as possible, so you know exactly where you stand. if you don’t do that, you may continue to live within the limits you used to have and not the ones that really apply … Continue reading →

Surviving the Economy: Expect the Unexpected

I know that we are all tired of hearing about how awful the economy is and how things will probably get worse before they get better. While this may all be true, it doesn’t help us much in terms of our own financial situations. So I thought I would share some practical advice about what we can do now to ensure that our families survive the current economy. One big thing that we can all do right now is to watch ahead for the unexpected in terms of major expenses that might really do us in. With unemployment due to … Continue reading →

Can’t Afford Your Second (or more) Baby? Here is What Some Analysts Say

Here is just another thing that the economy affects: how many babies are born and maybe even why. Many people today are deciding to delay having another baby because of a tough economy. Some feel that they can’t afford another child. In fact, after each depression or recession in U.S. history, birth rates, that is fertility rates have gone down. Sometimes these new rates become the normal. Previous to the Great Depression, for example, the average number of children per woman was three. After the Great Depression, it dropped to two, a number that is usually more “acceptable” for families … Continue reading →

Frugal Living: Have a Half Day

Challenge yourself to only use half of everything in your regular routine today. Not only will you save, but it may teach you exactly what you need and don’t need. What is a half day? A half day is when you go around your home or day and consciously choose to only use half of the amount of the stuff that you usually use. To keep it simple, approach each product or service and then half it to the best of your ability. By doing this for one day, you can have fun in the challenge, while learning what products … Continue reading →

How Green was 2008: Analysts Versus Reality

Back in the beginning of 2008, or even at the end of 2007, analysts were predicting a banner year for going green in the home. Homeowners were said to be very conscious of reducing the energy footprints of their homes and avoiding using common chemicals that may be unhealthy. Even publications such as the Old Farmer’s Almanac got into the act with green predictions saying that there would be a rapid transition to green building. They quote the American Institute of architects that say that 90 percent of home owners would pay an extra $5,000 for an energy-efficient house. The … Continue reading →

How the Economy Can Affect Your Marriage

An economy in recession can put a lot of stress on a marriage, and not just from increased worry about paying the bills, although of course money worries can always create some tension. In tough times, personality differences, even differences in gender may make the situation ripe for conflict. Let’s talk about this issue and how we can recognize when the economy is affecting our marriages. In a tough economy there may be stress over where the money is spent. If you have one spouse who is a saver and the other who likes to spend, the difference between the … Continue reading →

Preparing for Worse Times Ahead 2

Leading experts tell us that the economy will continue to get worse before it can recover. Are you prepared? Check out the first article in this series and then read below for some ways to prepare for worse times ahead. To get that emergency fund going, sock away any extra money you have, whether it is one dollar or a hundred. Any unexpected income should go straight to savings. Skip eating out and put that money straight into an account before you spend it elsewhere. Reduce your driving to one day a week if you can and put the gas … Continue reading →