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Surviving the economic crunch: What can you do?

  • 1 of 25

    by Annie Hassim

    Given the current economic situation, most of us would feel the scorching heat that affects our daily lifestyle. For some of us who are smart enough not to add more debts to our credit cards, gone are the days of going to ...read more

  • 2 of 25

    by Rhonda M.

    Today millions of American's are feeling the strain of the economic crunch. The news keeps reminding us how close we are to a recession and the prices of food and gasoline continue to climb to record highs. People are beco...read more

  • 3 of 25

    by Ron Taylor

    The trick to surviving an economic crunch is to prepare by learning to spend less than you earn. Use any surplus income you have to create a safety net-that, is, cash in the bank. Ideally, this safety net should equal at l...read more

  • 4 of 25

    by Jack Thornton

    Surviving an economic crunch is not much different than what you should be doing during good times. Good times just make it less likely that you will find yourself enduring a financial crisis. In good times and bad, the ...read more

  • 5 of 25

    by Patricia Gilliam

    Growing up, my dad was in the manufacturing field and had to go through several layoffs. The situation always put our family in a tight financial crunch, but I learned from the experience. Through being really prepared a...read more

  • 6 of 25

    by Cheryl Broussard

    As 2007 comes to an end, it's time to regroup, leave your financial past behind and start anew. I don't know about you, but I'm definitely ready for the New Year. And this year it's time to kick it up a notch and play BIG...read more

  • 7 of 25

    by Pedro Pacheco

    Those who took their last mortgage out a few years ago and are coming to the end of their deal should brace themselves. The rates are now so high that people are strugling to pay them! Someone who found a three-yea...read more

  • 8 of 25

    by Anna Lakewood

    1)Cut out all extravagant spending....dinners out, electronic and entertainment purchases and opt instead to rent a few movies here and there, and go to dollar saver cinemas instead of AMC or Showcase. Also usually at th...read more

  • 9 of 25

    by Indy Anna

    When the economy is on the up swing consumer confidence sours to unbelievable heights. We tend to buy more and worry less about job security. Debt is considered more of an annoyance than an actual concern. When the economy...read more

  • 10 of 25

    by Teresa Mettler

    Surviving today with a less than sufficient income in this worlds current economic status is a talent. I wish to write more about the average American working person and how to survive with a small income, no medical insur...read more

  • 11 of 25

    by S. James Hawkeye

    The best way to survive the economic crunch is to plan for it in advance. There are a number of things you can do today to be ready for hard times: 1) Build a readily accessible emergency fund up to the equivalent of s...read more

  • 12 of 25

    by Dan Mason

    Watch the news and it becomes quickly apparent that the U.S. economy is making it difficult for many people to get by. But there are ways to pull yourself through this time. First, recognize that this is only temporary, an...read more

  • 13 of 25

    by Altaf Sahibzada

    How to Remain Immune From Economic Downturn We are passing through a difficult economic phase. The perception for overall economic growth and financial wellbeing is highly negative. The returns on Standard and Poor's in...read more

  • 14 of 25

    by Marco Angioni II

    The financial industry is cyclical. Sometimes, economic prosperity last longer during an "up cycle" than economic depression in a "down cycle." Additionally, sometimes the economic prosperity experienced by an "up cycle"...read more

  • 15 of 25

    by D. Trump

    Its that time again, the end of the month. Bills are piled up, and you have to pick which one to pay, and which one to ignore. It doesn't have to be this way. There are better options available, and this article will he...read more

  • 16 of 25

    by aforlan

    US Market index has trend to decrease. The world index also has decreasing trend too because the sub prime default. The fed anticipations the crisis by cutting the Fed rate. Certainly, the cutting Fed rate does not proper ...read more

  • 17 of 25

    by Adrian Keys

    The question will be considered from a personal as well as a business perspective. Here are things that cn be done to survive tough economic times: Personal 1. Restrict spending to only what is necessary, resisting o...read more

  • 18 of 25

    by Akhilesh Mittal

    If you want to survive the economic crunch, you need to minimize your liabilities and build on your assets. Follow these steps, 1) Get out of Debts/ Financial liabilities. They are a drain on you as you have to pay inte...read more

  • 19 of 25

    by Randy Schneider

    401 K people Alert-Greed, look up in your religion All you 401 K people have heard and/or witnessed wild swings in the stock market. Most of you have seen major losses in the value of your 401K or other stock po...read more

  • 20 of 25

    by Leonardo Da Vinci

    First understand the fact that almost every person goes through a period when they are in an economic crunch situation. Then accept this fact. Acceptance of these 2 facts is half the battle won. After this plan out each...read more

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