Since the start of the recession I have noticed a bit of a decrease in my income, but as far as spending goes, this has been one of the best times to spend money. With prices falling like a rock in property and even the price of internet ad campaigns going down, there is no reason you can’t make money in a depression/recession/economic downturn.
Has the Recession Decreased My Spending?
Overall the recession has not decreased my spending level, in fact I’ve been spending more, taking advantage of all the great deals a recession has to offer.
Warren Buffet said, “Be fearful when everyone else is greedy and greedy when everyone else is fearful.”