Comments on: 5 things the recession put an end to

By: Mike@Deed of trust

Mike@Deed of trust — Tue, 22 Dec 2009 07:40:46 +0000

I do agree the recession put an end to extravagant spending a wee bit too much. I’ve noticed my sales declining and per item/sale people are only willing to spend less than they used to.

By: liz@Van Rental

liz@Van Rental — Thu, 17 Dec 2009 16:31:43 +0000

Yeah you’re right .. if you give think about it, you might realize all these things have to stop .. this recession has really change lots of things.. but I’m sure the situation is going to get better.. hopefully now these people have learned to save their money.

By: Sakyo@Cusco Peru Hotels

Sakyo@Cusco Peru Hotels — Wed, 16 Dec 2009 22:02:33 +0000

Like the person before said, maybe this is an opportunity to grow your business with foreign capital

By: Oey Piu Hian

Oey Piu Hian — Thu, 10 Dec 2009 23:43:44 +0000

As an investor, we should remember “Cash is the King”. In every recession there are many opportunities

By: Jenn@Cheap Student Flights

Jenn@Cheap Student Flights — Wed, 09 Dec 2009 00:04:44 +0000

The sad reality is, when things are going well, no one cares who is doing what. It’s only in bad times that people start looking for someone to point their finger at….and then we get to see how bad things REALLY are.

By: John@Trash Bag Holder

John@Trash Bag Holder — Tue, 08 Dec 2009 23:16:20 +0000

Number 3 is the one I’m most thankful for . Man, it really is a financial bummer when you have to deal with ridiculous gas prices and I’m very thankful that I don’t have to at this time.

Stressing over the gas prices makes me realize how the economics of gas is very similar to the economics of cigarettes. Automobile users don’t have an addiction, but they are driven to pay whatever the cost may be, much like smokers who continue to buy packs regularly even though the cost continues to rise.

Anyhow, I’m just thankful the gas prices are where they are at right now, somewhat reasonable…and a lot more reasonable than $4+ a gallon!

By: Jay

Jay — Tue, 08 Dec 2009 20:40:36 +0000

It also put an end to redless real estate investing. My clients are now more careful analizing investment properties like checking sale history, rental history, etc.

By: Steve@IRS Representation

Steve@IRS Representation — Thu, 03 Dec 2009 21:07:55 +0000

You are so right about the mail thing. I hardly see any mail from Credit Card Companies.

By: Kelvin Lee

Kelvin Lee — Thu, 03 Dec 2009 01:25:13 +0000

I think that when things are going smooth, people are less reflective of their action. So it is good that a recession is there to knock them awake to be aware of the situation.

Every setback is a good lesson to be learned.

One last thing to share: It is not the amount of money you earn that can make you rich, it is the amount of money you can save that is making you rich.

By: Jessica@Self catering

Jessica@Self catering — Mon, 30 Nov 2009 14:21:27 +0000

I think the recession is the economic situation characterized by a decline in global demand.

By: Cyndy@Voucher codes

Cyndy@Voucher codes — Mon, 23 Nov 2009 15:18:17 +0000

I think the most important factor is the responsibility of each person to handle their money properly and in the future not to blame others for our own mistakes!!!

By: Nicole@Background Check

Nicole@Background Check — Fri, 02 Oct 2009 03:24:22 +0000

I agree with Debbie. We should not blame others who committed mistakes as we ourselves our doing the same thing too. We just have to learn our lesson and correct whatever we had done wrong. Spending wise, we should value whatever money we have in our pocket. Always look forward and think of the future. Do not spend like it is your last day on earth.

By: Debbie Drummond@luxury Las Vegas homes

Debbie Drummond@luxury Las Vegas homes — Tue, 22 Sep 2009 03:43:38 +0000

I think when someone earns great amount of money, he often forgets it’s important & doesn’t use it for better reasons. Although recession is been very stressful but i think it have brought many positive changes too. I agree with your post, but there is more i want to add, I think blaming CEO’s of the companies isn’t right, I mean who are they, aren’t they human? they are like us, if they are making mistakes, it means we are making it too. I think that if we pay attention to resolve this issues by correcting the errors which we make in our daily routine. We created money to benefit us, i think saving some money today will benefit us tomorrow & before misusing it we should think of people who are really needy & doesn’t have much to spent.

By: Jonathan@Friends&Money

Jonathan@Friends&Money — Sun, 13 Sep 2009 13:36:15 +0000

Unaccountability, for me this is the biggest thing. Stock traders had shocking little accountability, and whilst i encourage people to make profits they need to do so responsibly, not recklessly gamble with people’s hard earnt savings.

By: Tony

Tony — Fri, 11 Sep 2009 00:40:36 +0000

On the accountability issue, the recession ended the lack of accountability… for a while. Accountability only works when we pay attention.

Once we stop paying attention (because it costs us time to do so), we will once again fail to hold our CEOs accountable. It will take more than a bad recession to cure that problem.

By: Chris McClelland

Chris McClelland — Tue, 25 Aug 2009 15:39:35 +0000

I agree Christine, an easy way to help people out right now and actually save/make some money is to donate. I’m sure everyone has at least $500 of stuff that they can get rid of lying around in a closet or attic right now. This not only makes/saves you money by creating a tax break for you, but also helps out all the people that might be suffering from a job loss or other issues right now.

By: Christine@Used Cars Sioux City

Christine@Used Cars Sioux City — Mon, 24 Aug 2009 16:24:37 +0000

It can’t be denied that the recession has been a stressful time for thousands (millions?) of Americans. However, I agree with you that there have been some positive outcomes in terms of our outlook. I am pleased that it is not currently in vogue to flaunt extravagance, or even be extravagant for that matter. There are so many better uses for our money than to spoil ourselves; think about people in need in our country and abroad.