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Make A Budget

A great way to save money during a recession is to make a budget.

Start by writing down all of your expenses for one week and taking a look at how you are spending your money. This will be an eye-opening experience. Divide your expenses into categories and make cuts where you can.

Also be realistic about your income. If you make $1000 per month after taxes, your budget should not have more than $900 in total expenses allocated. More »

Write It Down

An easy way to save money during a recession is to write down all of your expenses for at least one week.

Yes, we said ALL of your expenses. If you pay your telephone bill for $100 or buy a candy bar for a buck, write it down.

At the end of the week, tally all of your expenses and see where you are spending your money. More »