Recession Lessons: What Have You Learned?

July 22, 2011

5 Comments

  1. Patty

    I’ve learned that we have to track expenses and follow a budget. Somehow, seeing it on paper gives me the assurance that we can go forward with hope for a better future. We did everything we could to keep our home and avoid bankruptcy, but both happened anyway. In truth, the debt burden was lifted off of us by a Higher Power. Now we are living frugally, but with knowledge that our merciful Lord is here with us. Our rented home is more than comfortable and we can meet our expenses.

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  2. Juan

    I know for me the recession impacted my life in that it helped push me toward a career in business development/finance. After seeing all of the (seemingly) stupid mistakes that were made leading up to the collapse I knew that I would like to be in a position where I could help to solve/prevent a future situation.

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  3. Shirley

    I have realized how something as seemingly small as eating home cooked meals can have a positive effect on my budget.

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  4. Martha

    Observation’s I’ve had regarding the effects of this recession, for which I am grateful, are the fire’s which have been ignited and have been long overdue; the fire’s of compassion and serving others!

    Thank you God!

    Isaiah 55 begins with:

    1 “Ho! Everyone who thirsts, Come to the waters; And you who have no money, Come, buy and eat. Yes, come, buy wine and milk Without money and without price. 2 Why do you spend money for what is not bread, And your wages for what does not satisfy? Listen carefully to Me, and eat what is good, And let your soul delight itself in abundance.”

    Isaiah 55:8 “For My thoughts are not your thoughts, Nor are your ways My ways,” says the LORD.

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  5. Laquetta

    In today’s economy, the financial crisis challenges me to be more creative. i.e. Recycle, yes but now I look to reuse what I can. They say “A penny saved is a penny earned” so I’m using coupons again, bartering for services and as a family, for entertainment, we go bike riding more, have BBQ’s with friends, and now go river rafting. We’ve always been frugal and resourceful so we never stop comparing our lifestyle with our spending to see if we can cut back somewhere else. And we’ve been able to help others save, too, which has built stronger relationships.

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