Recession Briefing 6.19

What you need to know today to survive and thrive in the recession.

Pop group New Kids on the Block are citing the global economic recession as a main reason for canceling their reunion tour. (OK!)

No land-lines, “virtual” swim meets and trayless cafeterias. Cost-cutting colleges and universities have come up with some smaller, quirkier economies that add up to big savings. (New York Times)

Could it be that companies will suddenly lose large numbers of their employees when the recession is over? A survey shows the majority of working Americans are planning to launch a job hunt when the economy turns around. (U.S. News & World Report)

Recession Briefing 5.22

What you need to know today to survive and thrive in the recession.

While consumers are cutting back on a lot of things because of the recession, they’re still plunking down big bucks for designer jeans. (LA Times)

“Sexual enhancement devices” and his-and-hers lubricants are flying off the shelves in supermarkets and drug-stores during the recession. (Advertising Age)

Malls, those ubiquitous shopping meccas that sprang up in the 1950s, are turning into ghost towns in the recession, with many struggling properties reduced to largely vacant shells. (Wall Street Journal)

Best Money-Saving Websites

People have said that Bill Gates is so rich, if he saw a $100 bill on the ground, it wouldn’t be worth his time to stoop and pick it up. A couple of years ago, B., a management consultant in Chicago, was arguing that he was much like bill—it wasn’t worth the effort for him seek out sales or discounts. Oh, how things have changed; now B. feels like a patsy if he’s paying full price. Still, the point about time is a good one, so here are the websites that can help you cut costs in a flash.

Groceries
Coupons are basically a way to get you to buy stuff you might not otherwise consider— not so conducive to saving money. A better bet is to figure out what products you regularly purchase, then seek out discounts…