Everyone is being hit by recession including you. Then why is it that sometimes you shop more than required, sometimes you buy useless things, and sometimes overpriced articles? However, I don’t blame you. I know it’s no fault of yours. Why would you squander your hard earned money? It happens because you miss out some basic steps before getting out for a big purchase. Planning Create an expensive shopping list By expensive, I don’t mean keep including expensive goods in your shopping list. What I mean is prepare a shopping list of the big purchase you are about to make or a list of things that you need. Wish-list Now, complement the commodities with a period before which you want to buy them. Like you want to buy some things this month and some major things next month, put [...]

When I talk about economy, what do you think it comprises of? It is an overall behavior of the total population or consumers. And you cannot deny when I say that much of this consumer behavior is based on the reports (or rather propaganda) of the media. You would definitely not have a bit of confidence in the state’s economy when you see the crashing stock market, increasing food prices, number of employees laid off each day, or every penny rise in the gas prices. Oh, it’s so horrifying. Or you have to be so damn rich that these major changes just don’t seem to affect you. However, I am talking about the majority of population that’s facing the consequences. But is it right to blame the media just because they give you price updates? Is it ethical to hold the media responsible [...]

This is the holiday season and you must have already bought tickets to your favorite holiday destination. If you are flying, you might be already aware of how flights are getting delayed, diverted or cancelled in the last few months. In the month of September, about 14 percent of the flights did not fly as promised to the passengers because they were either delayed, diverted or cancelled altogether. The recession has played a major part in disrupting the normal performance of airline companies as they were one of the worst hit by it. Expecting to travel well after buying the ticket is a natural desire of any person. But if hassles crop up in between your travel can become a pain in the neck. See what best you can do in such situations. A Flight Cancellation or Delay Flight cancellations [...]

Saving money has never been easy without planning a budget. However, are you sure that your existing budget is really working for you? Yes, some major flaws with conservative budgeting can start working against you without your attention. To save huge amount, you definitely need something better than a conservative budget. Here are three key points you must avoid while planning your budget. Greater Focus on Trivial Expenditures Carry meal at your workplace. Cut down in consumption of desserts. Fewer bottles of beer every week. Great! You are now working according to your budget and probably saving some amount every day. But are these cut in expenses assembling a huge amount? Is it making any difference in your lifestyle except for less calorie consumption everyday? Is this your goal? No, [...]

The number of employees that are lucky enough to manage a raise this year is very low. I don’t really believe in predictions and forecasting, but if the same condition persists, the number could be much lower next year. How is it possible for you to manage a raise amongst thousands of individuals striving for the same appraisal? How are you different from the rest? Last night you met an old friend of yours who just got laid off. You have already met seven such guys this week. Forget about the raise, you are feeling fortunate enough to have a stable job, which you don’t want to lose by asking for an appraisal. It’s just not the right time to ask for it. You work even harder because you are not sure whether it’s safe to waste a single minute in such an environment. You think you are [...]