Personal Guide to Survive Credit Crunch 10 steps in 60 seconds. What to do in economic slowdown or recession keynote conference speaker and Futurist Dr Patrick Dixon
July 30, 2010
www.globalchange.com How to survive the credit crunch. 10 steps to take to control costs and juggle personal finance. Secrets of survival in slowdown of the economy, economic slump, recession or depression. Who makes profits in a downturn. Stop and think about all spending and personal finance, incoming and outgoing expenditure, household budgeting, cut utility bills, gas, electric, phone, water. Consolidation of loans. Take care before repaying mortgage early. Enjoy free leisure activities. Invest in key relationships and family. Comment by Futurist conference speaker Dr Patrick Dixon.
Posted by admin under personal finance | Comments (25)
Don’t listen to this guy. He didn’t even see it coming.
Stop spending?! That’s the problem – shrinking money supply.
Join the forum at secretofoz
Comment by Monetaryreforumadmin — July 30, 2010 @ 5:04 am
most probably they were al using thieir little plastic freinds
Comment by azerilady20 — July 30, 2010 @ 5:51 am
agree with you totally
Comment by azerilady20 — July 30, 2010 @ 6:17 am
its easy for you to say Patrick Dixon, most probably as your a Dr youve got loads of money and are paid a good wage. you make it sound so easy but it is not.
Comment by azerilady20 — July 30, 2010 @ 6:38 am
oh forgot to say am in the fuel buisness I sell oil …good luck and keep spending the dosh its grrrrrrrrrreat
Comment by lpiuikk — July 30, 2010 @ 7:36 am
no am not going to stop spending coz am loaded ha ha ha no honest am not kidding ,.we have never been doing so good my buisness is booming and its great .I do also feel my cash is worth a lot more now ,.so dont forget its not all doom and gloom ,.just use your brains there is winners when there are loosers ,just make sure your a winner .lifes never been so great
Comment by lpiuikk — July 30, 2010 @ 7:54 am
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Comment by xyzcarolinexyx123 — July 30, 2010 @ 8:32 am
Instead of talking about how to budget, why not talk about the culprits behind this economic mess? Why not name some of the organisations who were responsible? Talk a little about the Federal Reserve and the Governments role in all of this! Talk about the dollar and what its REALLY WORTH!!! And talk about what we, as the public can do to ensure this NEVER happens again!
Comment by MrPragmatism — July 30, 2010 @ 9:23 am
That’s great advice. I love it. But , now all I have to do is get my wife and family to go along with this idea.
Comment by spransky — July 30, 2010 @ 9:38 am
Thanks for the information. I feel alot better now
.
Comment by 234566tgvb — July 30, 2010 @ 10:09 am
if there was a credit crunch there wouldnt be people in brentcross shoping ur a douche when i was in nottingham there was loads of people shoping u douche ur a douche an thers nothing u can do about it
Comment by charlieDuk — July 30, 2010 @ 10:40 am
‘Consolidate those loans and add them to your mortgage where you can’
Absoulute madness! Does he not realise that most people who lose their homes, do so because they have so many other loans, including consolidation loans, on there mortgage? In times of difficult, people may be able to just about pay the mortgage but lose their home nevertheless because of consolidation loans.
Comment by Finnbar01 — July 30, 2010 @ 11:18 am
Interesting, I wasn’t aware of this.
Comment by Nkatsikanis — July 30, 2010 @ 11:45 am
Yes indeed – that is one of the main reasons to conserve cash – look for bargains of all kinds. See also my 60 second 4 point plan to help your business survive the credit crunch.
Comment by pjvdixon — July 30, 2010 @ 12:37 pm
Number 11: Buy underpriced stocks (if you have some money left) to help the economy and come out of this crisis as a millionair xD
Comment by Nederluv — July 30, 2010 @ 12:51 pm
Thanks. Patrick
Comment by pjvdixon — July 30, 2010 @ 1:48 pm
god bless you – great to hear something so positive.
Comment by 5starrater1 — July 30, 2010 @ 2:46 pm
hmmmm. i imagine it would get very complicated considering the nature of sewage.
Comment by iMBBonlyone — July 30, 2010 @ 3:13 pm
Problem with tram is weight and street strengthening including digging up and replacing all the sewers etc. Over 1 billion for a short run….
Comment by pjvdixon — July 30, 2010 @ 3:26 pm
I already found it, but thank you for the immediate respose.
Comment by biantai888 — July 30, 2010 @ 4:08 pm
Really? i am not familiar with the Mathsemantics of that situation but lite rail seems like it would pollute much less. How can we save money or time by burning the future?
My comment was based on watching Texas over the last few decades.
Comment by iMBBonlyone — July 30, 2010 @ 4:38 pm
Ha! Well you have to do the sums. In Ealing W London, trams turned out to be vastly more expensive than buying more buses (same thing really).
Comment by pjvdixon — July 30, 2010 @ 5:03 pm
I agree. Patrick
Comment by pjvdixon — July 30, 2010 @ 5:46 pm
Huge impact – look at the video on this – top right turquoise box, list ALL VIDEOS. “how market fear and greed….”
Comment by pjvdixon — July 30, 2010 @ 6:07 pm
i believe the plan was to offer us shiny clean atomic-powered flying cars, right? They had plenty of foresight. This is no surprise to some of us.
Put your treasure where neither rust nor time can destroy it.
Comment by iMBBonlyone — July 30, 2010 @ 6:45 pm