How the Recession Has Affected Me

By Michael at 8:26 AM on March 9, 2010

In tough economic times, many people spend less and tighten their belts in order to avoid getting into financial trouble. Others on a macroeconomic level of thinking prefer to spend the same amount of money to keep the economy going in the hopes conditions will improve sooner. I fall between these two camps. Below is a list of what I am doing differently since the beginning of the recession (which happened conveniently around the same time I became an adult).

  1. I do not eat out as much.
  2. I use coupons.
  3. I look for free stuff.
  4. I invest every penny I save.
  5. I do not drive.
  6. I try to only make money from home.
  7. I have expanded my interests and possible careers to more than just writing.
  8. I have worked on my employability skills faithfully.
  9. I have lived at home, or with roommates, the entire time.
  10. I have cut back on smoking (and am working on quitting).
  11. I seek free forms of therapy, like hobbies and writing, rather than always staying on medications and seeing a therapist weekly.
  12. I have tried to create passive income as much as possible.
  13. I am more productive, but more stressed.
  14. I have made more friends who would prefer to stay home.
  15. I cook a lot more.
  16. I do not buy name brands unless I have a coupon.
  17. I have begun exercising more to work off the extra weight I have put on from the stress.
  18. I have begun meditating.
  19. I am happier.
  20. I am healthier.
  21. I am better financially.

I have learned many things about being frugal, both from necessity and from desire to master a new skill. We rarely do things outside of the home because things inside are just as enjoyable and are much cheaper to do. I find myself spending more time talking with family and less time getting into trouble.

I hope some of these are relateable. What have you done since the recession, either directly or indirectly?

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5 Responses to “How the Recession Has Affected Me”

  1. Sounds like you have it down to a science. Sounds like my routine pretty much, but I do eat out way more than I should. But I am not real big on cooking either. Your routine sounds very solid and it seems to be working pretty well for you.

    Good luck, I enjoyed reading your post!
    Earn Money Online Blog´s last blog ..Aweber autoresponder review? Is Aweber A Good E-mail Company?

  2. Sue from best weight loss book says:

    Even with the recession, stay positive! Everything will be better! At least now you’re happy and healthy! =)

  3. Sara from Bakersfield Divorce says:

    With our without a recession, you should save money anyways. Just in case one day you need it and prepared for something like this.

  4. Matt from Divorce in Mesa says:

    Great tips on your everyday life! I am doing a bit the same every since the recession. Now its all about saving!

  5. Ellen from Best Weight Loss Book says:

    Its always good to be saving, whether or not the economy is bad you should be saving.

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