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Tips on Developing a Recession-Proof LifestyleThe U.S. is currently experiencing the biggest hike in the cost-of-living increase since the early 1990s. In response, many consumers are modifying their behavior at a pace not seen since the 1970s. As home prices have steadily fallen in recent years, consumers in the U.S. are feeling poorer as they watch their main asset slide in value, along with their net worth. Here are a few tips offered by weseed.com’s Jennifer Openshaw recently on an appearance of ABC’s Nightline.
1) Take in a Border/Rent out a Room
2) Make Coffee from Home/Don’t Buy Bottled Water
3) Transportation
4) Use a Programmable Thermostat
5) Eating & Dining Out
6) Bundle Your Connectivity Services (cable, phone, DSL)
7) Cut Back on the Credit Cards
8) Shop, Study & Swap Online
9) Get a Library Card
Other Articles: Economic Reports: Consumer Price Index Federal Reserve Chairman Ben Bernanke Gives Economic Outlook
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