Frugal living is what many of us need to do with the economy doing what the economy is doing. It’s tough and I know some friends who have lost their jobs. They have had a tough time of it because they weren’t prepared for the loss of income.
When one of my best friends lost her job, I decided that I would make sure that my family was prepared. One of the things we have done is buying extra food each time I go to the market. I make sure that we have some staple food back. That means extra rice, flour and canned goods.
A second thing I have done is make sure that we have a budget and we stick to it. It means coming up with a weekly food budget that we adhere to and a monthly expenses budget that we adhere to. If we are over budget on gas for the car, we don’t drive.
It was very tough when we first started doing this, but now it is much easier and the savings are good.
3 Comments Received
March 11th, 2008 @10:03 am
I totally agree,with the situation right now we really need to be more productive.
We need to budget our money,use and spend it wisely!
March 15th, 2008 @9:15 pm
I am trying to do the same,budgeting our money really helps…buying unnecessary stuff is definitely not in the budget.
March 18th, 2008 @8:34 am
sorry to hear about the lost of your friend’s job.
i guess need to be always ready,so when times like this happen we are not left hanging.we need to budget our money,this will really help us.
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