http://www.recessionwire.com/2009/05/06/lost-business-in-recession-cutting-personal-spending/ The upside of the downturn Fri, 03 Feb 2012 18:42:12 +0000 hourly 1 http://wordpress.org/?v=3.0.2 http://www.recessionwire.com/2009/05/06/lost-business-in-recession-cutting-personal-spending/comment-page-1/#comment-1206 Laurie Phillips Fri, 08 May 2009 18:04:22 +0000 http://www.recessionwire.com/?p=5194#comment-1206 I can definitely relate. I made a list of 30 things we could cut if things got bad. Within 3 months we'd done all of them. We swapped German cars for used Japanese, dropped club memberships that we rarely used, cut back on videos whether rentals, NetFlix or on-demand, switched from canned sodas to 2-liter bottles. Unfortunately we eventually had to let our cleaning people go. That was terrible but we couldn't afford it any more. The ripple effect of this economy goes far beyond the official unemployment rate. I can definitely relate. I made a list of 30 things we could cut if things got bad. Within 3 months we’d done all of them. We swapped German cars for used Japanese, dropped club memberships that we rarely used, cut back on videos whether rentals, NetFlix or on-demand, switched from canned sodas to 2-liter bottles. Unfortunately we eventually had to let our cleaning people go. That was terrible but we couldn’t afford it any more. The ripple effect of this economy goes far beyond the official unemployment rate.

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