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Everyone has an economic solution, here is mine!

By Edited May 30, 2016 7 17

No, this is not a budget to follow, nor a list of things to do to save energy around the house, but a solution for the economic crisis, in my opinion. Now you ask yourself, "Why should I think this is any different than the other material that has been available for me to follow up until now?"

Things You Will Need

Pull up a chair, open your mind, listen to my thoughts and decide if it makes sense to you. You can take all or part of my solution of the economic crisis we are in the midst of, right now. It is an easy read, simple directives and a workable plan. Let's get right to the meat of the topic.

Step 1

For many people, life has gone on, the way they live, for a long time. My initial idea is to know that will not be possible to continue as it has been in the past. When something does not work, you can't keep doing the same thing and expect a different result, can you? A change needs to be made to recover from the economic crisis many face today. An awareness of the needs, and wants should be defined. I want to pay my bills on time, most responsible people do. Circumstances might have changed drastically that have altered the living as you knew it last month. Now with that said, I think you can see some changes need to be made.

Step 2

The income should meet the outgo of a household. If it does not, recognizing it is not balanced, quickly becomes evident. Now the solutions need to be implemented soon, so the hole does not get deeper. If you are able to be gainfully employed, start looking, talking to everyone you see and seek a job. Check out leads until you are tired enough to sleep well. Take anything at first to just have some flow of money again for the demands of life. Take any part time jobs and one might turn into a full time one with a pay raise in the future. Let the door be open to get you working.

Step 3

Talk to the landlord, banker, or whoever it is that owns where you live. Times are tough for many, you are not the only one in a crunch. Let the person know, you are seeking employment and intend to overcome this adversity. Ask if the loan or mortgage can be deferred for a month. This means that your payment will go on the back end of your loan. You might have to pay interest, which will be a far cry from your usual payments. The landlord needs to get a special, personal visit from you. Ask if there is any way you could work off some of your rent money. Odd jobs, anything that can lighten your financial load for a month. After a month, you can ask for another month if you need it.

Step 4

Sign up for unemployment, food stamps and any assisting programs. This is temporary, my friend, swallow your pride and just do what you need to do. Talk to local churches, businesses and ask for help. We all need some help some time or another. It is your time, now.

Step 5

Stop buying anything you don't need. Pay cash for everything. If you don't have the green, you don't buy it. Chips, cookies, soda, candy, prepared foods, beer are not bought, and you get the picture, don't you?

Step 6

Praying  ‚ should have been the first step to solve the economic crisis we now face. It is never too late to admit we are wrong and need help, guidance and God to love us through our mistakes.

Review in summary:

1. Be aware of change needing to take place.

2. Know the difference between need and want

3. Ask for a job to get a foot in the door.

4. Sign up for programs to get assistance for a short duration.

5. Talk to bank about loan or Landlord about rental of your residence. Reduce payment, work for rent, place mortgage payment on end of contract.

6. Don't buy what you don't need. Pay cash for what you need.

7. Pray for God to forgive us our worldly ways and bring us peace and comfort.

Tips & Warnings



Sep 9, 2009 6:32pm
It's so hard to change old habits, but it needs to be done.
Sep 13, 2009 7:53am
Good tips for these economic times!
Sep 13, 2009 1:36pm
Thank you Kristara for your truthful comment.
Sep 15, 2009 12:43am
Thank you ladybugblue for you valued comment.
Sep 18, 2009 5:38pm
Great economic solutions tips!
Sep 18, 2009 7:16pm
TX godfather25 for your comment.
Sep 21, 2009 9:56am
Your tips just make sense. We should all be making changes. Thumbs up!
Sep 21, 2009 12:28pm
Thank you betterbody for your valued comment.
Oct 10, 2009 11:08am
great economic solutions... thumbs up!
Oct 12, 2009 8:26pm
Thank you harrisdy for your valued comment.
Oct 16, 2009 7:38pm
Great advice on how to handle the economy we are in a big mess aren't we.
Oct 16, 2009 8:15pm
thank you Sonni57 for your valued comment.
Feb 14, 2010 11:44am
Wow, I liked this article so much. The word Zen comes to mind. That's how it felt to me, anyway.
Feb 14, 2010 11:59am
Tx Sullysee for your valued comment.
Jun 30, 2010 11:01am
Thanks for the great tips on an economic solution.
Jul 20, 2010 11:10pm
This is great advice for people who are facing difficult economic times.
Apr 26, 2012 4:19am
Simple information that makes a lot of sense. Getting back to basics. How appropriate.
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