Readiness for poor financial forecast
 

Hello All,

Now that the poor financial climate has taken the center stage and going to affect not only US but rest of the world ( I quite believe Canada is not really immuned to this, at least AB and ON).

What do you think the average Citizen (who still pays mortgage as me) should do to battle if the recession is reality. Personally, I'd never been in recession. In the past, I failed to observe that small savings make huge difference in long term and I am on the loser's side on that part having lost decent cash in expenses I could've better watched.

Thanks,

Re: Readiness for poor financial forecast
 

Thought this list provides some simple ideas.

http://abclocal.go.com/kgo/story?sec...nce&id=6296646

Re: Readiness for poor financial forecast
 

Keep chickens.

Re: Readiness for poor financial forecast
 

Yep, I'm long eggs....

Re: Readiness for poor financial forecast
 

****, Im already doing most of that.

Scarily American advice...have Shiny white teeth and no gray hair to land a job. What a messed up society that is.

Re: Readiness for poor financial forecast
 

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I would be screwed then - my teeth are not too bad (but not overly whitened), but I have a white streak at the front that I gave up dying because it needed doing so frequently.

It says a lot about a society when how you look is more important than "can you actually do the job" or "are you qualified"

Re: Readiness for poor financial forecast
 

If it gets really bad, I might consider renting out the chateau or flogging one of the Bentleys.

Re: Readiness for poor financial forecast
 

I was here during the stock market crash in 1987. Do you know that more millionaires were made in Canada from this than any other event? Those that cleaned up at the bottom of course. We have been there before and come through it and I am sure the same applies now.