I seem to be bumping into more and more ‘well off’ people that circumsances have changed whether it be from divorce, businesses failing or just the banks putting the squeeze on them. Well welcome to the frugal gang! We have all been there at sometime, I have been on frugal bandwagon for longer than I [...]
There has been a lot of doom and gloom in the news this week. In the past month, food prices have risen and fuel is turning into an extravagance instead of a necessity and best of all wages are staying the same. As I always say over here at The Lean Times, when facing adversity [...]
Recessionomics – The economic slowdown during recession. There has been quite a bit of talk this week about the recession being over. I must say I am not convince in the least. Are we supposed to believe that there is going to be a huge change just because governments are saying we are out of [...]
In the times of a struggling economy where debt and unemployment continues to mount on shoulders everywhere, it becomes more about holding on to what you have than necessarily on generating income. Survival of the fittest becomes survival of the solvent. In an effort to part with as little cash as possible, an idea that [...]
We all know how much being in debt takes out of us. The constant worry of whether we will be able to pay our bills in full, the juggling of funds, balancing the credit cards, overdrafts and direct debits. After being in debt for a while, you don’t even notice the strain of it. We [...]
Is it our civic DUTY to go out and spend to save our shops and help the economy? Since the big crash of October ’08, we have all been trying our very best to watch our spending and to be frugal. This is a great thing in many ways. We are finding other hobbies, most [...]
Many of my fellow PF bloggers pride themselves on how many no spend days can have a month. In the newspapers, the past few days there has been a warning that instead of the UK having a good old recession we might be sliding into deflation. What the heck is deflation you ask, well I [...]