Tightening your financial belt will help you and your family survive. Part of the modern survival philosophy is not only to be prepared for SHTF scenarios, but to also survive life as it is today. Surviving today’s unemployment, hard economic times and rising prices will mean tightening your belt.
Many of us are experiencing, or have experienced a job loss in our family. Perhaps it is not your immediate family, but chances are that someone you are related to, or someone you know, is out of work. Many have had to tighten their belts because of a job loss. I think we all know that your unemployment check doesn’t bring in the cash that your job used to bring home.
Okay, job losses aside, we are having to tighten our belts because of these hard economic times, a.k.a. the recession/depression(?). Butter is now $5.00/lb.! Gasoline is almost $5.00 per gallon and bread is more than $3.00 per loaf. Tide laundry detergent is about $12.00 per jug. But what amazes me is how many women still are not shopping as smart as they can.
I might mention to someone the generic laundry detergent that was on sale for $2.00 a jug and I just bought 8 jugs. The response I might get is something like, “Oh, I saw that but I only use Tide (or some other name brand).” Well, if you are telling me in another breath that you are having trouble making your car payments, or credit cards, or your mortgage, then don’t you think it’s time to switch to detergent X and save ten bucks a jug? But I see this constantly and this is why I believe so many people will have trouble surviving during a real economic catastrophe. They can’t manage their own lives financially. When a real catastrophe happens, they will be wondering when the government will come and bring them assistance.
And speaking of cleaners, ladies, if your budgets are that tight, then stop buying these expensive grocery store cleaners. Buy an equivalent at the local dollar store, or better yet, make them yourself. A jug of ammonia, white vinegar and a box of Borax will make you a lot of great household cleaners for a lot less money. (Never mix ammonia with bleach)
There are lots of ways to be smarter about what you buy. A problem that people have is that they are creatures of habit and will automatically keep buying the ‘more expensive’ things because that is what they’ve always used. Until you break the habit, you should always consciously question what you are buying and why you are buying it. There is often a cheaper way. After about a month of forcing yourself to question everything, you will become more automatic with looking for the deals. You will be amazed at how much cash you can save each month by being a little bit smarter about your purchases.
Getting through these tough times is hard enough as it is. Don’t risk losing your home, your vehicle, or entering bankruptcy by being stupid about what you buy. Shop smart. Save money. Stay well and survive well!