Recession has hit Australia, New South Wales in particular pretty bad, I quote.
Recession has hit America REALLY bad, my elder cousin from America tells me.
Recession hasn't really hit Malaysia but Singapore even more, my other elder cousin from Malaysia tells me.
What do I have to say?
Recession is beyond our control. Friends are thinking of leaving jobs at a time like this and moving to another job. Wise? Hmm, I don't know at this point with bad recession affecting the world.
Unemployment increases. Poverty increases. Beggars in the streets of Sydney increases. People buy more canned food which is so unhealthy. People sell properties and cars to get more $$$ for themselves and their families.
Though recession is bad, you still see people shopping in the streets of Sydney, branded or not. People get so intrigued to shop for their own special desires just to get satisfaction. The fashion in clothes and shoes are fancy and trendy to make everyone buy buy buy and not save save save.
This is bad. Surely retail stores need to make money by these people buying. But, sometimes it's just too much. This has to stop. My cousin shops once a week and I don't even shop. Not in Australia though I live here. I shop more in Malaysia though. Half price, way much better!!!
Plus you see people eating out rather than in. Eating at home is much more cheaper than out. I'm not discouraging restaurants to make $$$. But, people need to survive too. I only eat out twice a week. WEEKENDS!!! Cause that's when I spend my time with my friends and church. So, I need my social life too. But everyday? That'd cost me a bomb and my mom would kill me for sure.
Maybe you could try writing down all your expenses on a journal and minus it from your salary and judge it from there. Then, you'll know much about the value of it and learn to save more money before it's too late. Recession's gonna last for at least 3 years so beware. Start now or suffer soon. It's never too late now. There's still time.
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