How the Recession Has Affected Me

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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6 Comments

  1. Posted April 6, 2010 at 10:09 PM | Permalink

    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. Posted April 9, 2010 at 8:20 AM | Permalink

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

  3. Posted May 13, 2010 at 1:04 PM | Permalink

    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
    Posted May 19, 2010 at 10:10 AM | Permalink

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

  5. Posted May 28, 2010 at 12:02 PM | Permalink

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

  6. Shelby from Peer Lending
    Posted November 24, 2011 at 12:10 PM | Permalink

    I think the last 3 items on your list are the most important! At the end of the day it’s important to remember that you have your health, happiness and are financially stable. Keep it up!
    Shelby@Peer Lending´s last [type] ..RV Loan Rates: Finding the Best Interest Rates

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