How to Survive the Economic Crisis

Good Will Store has some great buys if you dig through all and we have one day during the week that is senior discount day for which, sad to say, I am entitled too. 

I have made the decision to sell my motorcycle this spring as it is a huge expense and I have not rode it as much as I thought I would. I know I will take a huge loss but that is life.  I need the cash for other things.  Who would have thunk?

Also I try not to tune into the news and listen to all the sad and constant talk about the economy as it really brings me down.

I try to stay in the moment and that is really all I can do.

Hugs

Kitt

DO replace your ailing old appliances especially if your bills are excessive. Swap them out with energy saver appliances, if you can afford to.

DO cut down on water costs by opting for showers instead of baths plus you can also install low-flow showerheads that better control water release. Did you know that a bath takes four times more energy than a shower?

DON’T use appliances during peak hours if you can help it. Apply full loads when you use your appliances to shorten your length of usage.

DON’T buy the biggest appliances although you may be tempted to pick up the SUV versions of these items. Unless of course, you can manage full loads every time you use them. Oversized items, like anything else bigger, will cost more to run and use. For energy efficiency, opt for appropriately sized appliances that run on natural gas if at all possible.

Turn off your electricity at night, turn off the computer. Use the new low energy light bulbs.

Well those are the tips from one who had a very high utility bill this past month.

Take care
Kitt

Great Ideas and Advise, however, I have decided to move to New Mexico.  giggle. It sounds like  a good place for me........warmer weather too.

Here are a few more:
If you lose your job, apply for unemployment right away and make sure you receive the benefits available to you.

Don't pay your bills late or incur other fees. If you can't pay all of your bills in full, call your creditors before you get behind, explain your situation, and ask for a payment plan that enables you to pay what you can while out of work without incurring penalty fees.

When a health or medical crisis hits you or your family, it can be devastating both financially and emotionally. If you are unable to work, lost income can spell financial distress. Even if you have health insurance, the co-payments add up quickly. Identify where you can cut non-essentials and ensure you don't make any large purchases.

Track your medical and health expenses carefully. Accounting errors — by both medical providers and insurers — are not uncommon and can add unnecessarily to your costs. Also, explore all your payment options.

When your transmission fails, your hot water heater breaks, or water starts pouring in through your roof, it means a large expense that can put your finances in a nose-dive.

Identify where you can cut other expenses to free up money to pay for your emergency. If you must go into debt to pay for the unexpected, explore all your financing options and work out a payment plan.

Remember to stay in the moment and know that everyone  else is  going through the same issues.  Some more so then others but hear at HW we are family.

Hugs

Kitt