During a recession, depression or whatever economic term for a bad economy is a great time to travel, buy, and spend money, unless you are worried about your next paycheck. But for those of you who actually saved up cash, take advantage of the fantastic deals out there.
Travel to Vegas? Vegas right now, thanks to an employment rate of over 8% offers some of the cheapest hotel rates ever. Try $21 a night for, ok a 2 star place, but still, fights are cheap, room rate have dropped, and anyone is ready to go above and beyond to get your cash.
Great time to buy? It certainly is. Car dealerships are ready to make great deals on cars that they are already having a hard time selling (don’t be afraid to bargain hard). Going out to eat? I’ve never seen a better time to get smooth deals. Even my haircutter is giving $4 off coupons.
For those who can’t afford a bill, say cable, I’ve actually hard a great idea is to tell the cable company you can’t afford the full amount and unless they offer you a discount of say, half, you will have to cut the chord (most of the time they are willing to negotiate a better deal, rather than lose you altogether).
Best Deal in February?
February is the time when stores sell of their older models for less, to make way for the new ones. If you don’t mind having a slightly older model, you can usually find a great deal on everything from electronics, to furniture, to year old cars.