Spend with cash, especially during the hard time

Blogging June 29th, 2008

Most people have tighten their belts, save a bit here and there, bring lunch to office, less eating out, less shopping…changing of life styles, just to resolve the punch from the fuel price increases.

I personally think that we shall always spend in cash, especially during the hard time, so that we do not over spend. Unless in some emergency cases, you will need to have some credit card as backup plan just like something as authorize.net.

I’m not sure about you, but I would say that it is really a hard time now especially for normal office workers like myself.

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Effects of fuel price increase

Blogging June 29th, 2008

I think most people will feel the punch of fuel price increase in this country. Over 40% of fuel price increase, indicates that 40% increase of expenses on your vehicles fuel.

I’ve noticed that there are less people traveling with car now, car pooling…or either stay at home. Less traffic jams which is nice, however, spending power of consumers reduced, and for those who are in business, especially food chain, feel the punch the most.

The saying that rich will get riches is always correct, there are groups of people who can still enjoy their vacation at the Outer Banks. Definitely not me…

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