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How To Survive A Recession Essay

  • Submitted by: Srgt
  • on November 14, 2010
  • Category: English
  • Length: 584 words

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Below is an essay on "How To Survive A Recession" from Anti Essays, your source for research papers, essays, and term paper examples.

The recession has definitely impacted many families. Being a father of three children, my wife and I had to come up with a plan on how to stretch our income. I thought of three ways that I could help my family overcome the recession. Budgeting became the key factor in helping my family save money, knowing exactly where to shop for groceries and being able to cut back on utility bills. At first these three steps might seem unmanageable because we don’t like change, but when you have a family to care of you put their needs first.
      It is important to budget your money when you have a family.   I enjoyed taking my family out to dinner on a regular basis but having three small children and the cost of food always increasing, it has become harder to do this often. Restaurants are being hurt by the recession, which puts them in a position to increase their prices. Another way that I believe could help save money would be for me to make my own lunch every day instead of buying food. I was approximately spending forty to fifty dollars a week on lunch. This leads me to another point about being able to look for good deals at grocery stores.
    Supermarkets send out circulars on a weekly basis. I have found that comparing prices and buying at wholesale stores really helps you save a few dollars. Supermarkets are always advertising the same products at a cheaper price. For example, Stop and Shop might be advertising a carton of orange juice for $2.99, while Pathmark is advertising the same product for $2.89 with a ten dollar purchase. It might seem tedious to sit there and review all the circulars that come in during the week, but it can really make a difference in your family. I have also found that shopping at Costco where you are able to buy in bulk packages can be beneficial. You are able to buy more at a cheaper price. It also takes away the burden of making frequent stops to the supermarket during the week. Let’s face it going to the supermarket several times a...

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How To Survive A Recession. Anti Essays. Retrieved December 14, 2018, from the World Wide Web: http://snehaedu.com/free-essays/How-To-Survive-A-Recession-63346.html