The world has gone topsy-turvy. The economic news is sending clouds into our lives that we were not expecting would turn us on our heads searching for ways to save money. (Roger Manny Photo)
To escape, some of us read Page Six gossip, which has a way of taking our minds away from immediate challenges and roadblocks. That is one reason we love Susan Boyle – she is a rainbow in a recession.
We heard from Terry Kennan that we are in for an economic free-fall. What does this mean? Frugality: shoppers are “opting to save now and buy later when prices are lower.”NY Post consumer prices
First , we can take steps individually. Suze Orman, author of The 9 Steps to Financial Freedom, is trying to help women and men cope with mounting debt and develop a relationship with and respect for their money.
And WIFE.org is another group helping women; Women’s Institute for Financial Education
Advice for couples
Don’t commit financial infidelity. Talk to each other about money issues.
- Be honest, even if it means giving up the secret of your shoebox under the dresser.
- Make a reasonable budget.
- Work together to plan during this economic downturn.
- Don’t be a financial cheater.