Ireland’s Financial Regulator has come out with a useful Recession Survival Guide.
Some highlights:
Managing on Less Money
Step 1: Financial Health Check
Step 2: Budget Planner
Step 3: Cost Comparisons
Dealing with Redundancy (meaning being laid off) :
Redundancy information
Mortgage Repayment Protection
Dealing with Debt:
Credit Card Comparison
Debt Consolidation
This is really cool ! I like the Cost Comparisons, Redundancy Information and Credit Card Comparison especially. They go to such extent to provide information to help its peoples in recession.
You may wish to explore around. It’s really an insightful website on cost cutting.
However, there are peoples who argue that this may set off a deflationary cycle and make things worse. True also..
I think the key theme is "spend necessarily, spend smart and look for value deals".
The website cuts information cost for such value deals.
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This whole european debt situation seems not to be resolvable. Everytime theirs a bailout in one place their seems to be another crisis somewhere else in the eurozone.
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