We’re still saving quite a bit overall but there are definitely areas we can improve on. I’m not going to cut us back like I did when we were eliminating debt because there needs to be a balance between saving and living. Back then we were willing to go to extremes to overcome our debt but now that we’re debt free we don’t need to do that. We’re still frugal but overall I think we can reduce our expenses in the coming months.
A new report has revealed that Australians are starting to cut back on luxury items including dry cleaning, expensive restaurants, designer fashion, cars and quite a few others.
Interestingly, charity has been included in this list. We donate to charities we feel passionate about because we can afford it and generally when there is a real need. I am not sure if charity should be included as I personally do not see it as a luxury.
I’ve been MIA for several months due to a variety of reasons, laziness and complacency being two of them! But I’m back now and will try to do a better job of updating this blog. I guess the best place to start would be to revisit those short-term goals I set back in July ‘08:
Move [...]
We love coupons in our household. Receipts, brochures and other offers are all carefully checked and if anything grabs our fancy, quickly put in our bags for use when needed.
I’m surprised that more people don’t use coupons and started to wonder if it’s a case of laziness or embarrassment.
I can only speak from my own [...]
A recent survey conducted in New South Wales, Australia shows that almost 30 percent of residents have no savings putting them at high risk during this recession.
Another survey conducted in Western Australia showed that 27 per cent of their residents are in exactly the same situation.
60 per cent of those from NSW who took part [...]
I’m a big fan of financial expert Suze Orman. She has a no nonsense approach when it comes to financial advice and sometimes brutally honest with people asking for help.
Suze has put together a recession rescue plan with plenty of helpful advice and links to resources. Well worth checking out.
cnn.com reports:
Do you know what your [...]
We are now thrift store converts. You can buy some really great clothes at a fraction of the price and in most cases, contribute to the many charities who run the stores. The biggest hurdle is getting over your own preconceptions.
This is the 2nd and final part to Surviving without a job.You can read Part 1 here.
Don’t be too proud
This is probably the single most important thing I can share with you.
I work in IT and all my previous roles saw me in Management. My last stint all be it brief was as a Director.
After [...]
This is Part 1 of my series on surviving without a job. I hope it helps those of you currently facing job loss.
There are millions of people around the world that have become the unfortunate victims of the global financial meltdown.
Losing your job is probably one of the most stressful and frustrating events that [...]
news.com.au reports:
THE federal Government will this week move to unlock Australian employees’ $31 billion in unused annual leave, in an attempt to provide a boost to the economy that would be three times bigger than the payments that start flowing today from the economic stimulus package.
Tourism Minister Martin Ferguson said Tourism Australia would convene [...]
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