Five Ways To Save Money During The Recession
Posted May 26, 2009 12:00 pm.
This article is more than 5 years old.
Saving money doesn’t have to be a chore; many women are finding their new frugal habits are more like hobbies. Here are five creative ways to cut back.
1. Join a money club
The recession’s made us all face the truth about our finances. Money groups, where five or six friends get together once a week or month to talk through their dreams, challenges and progress, are the social solution for some. The Smart Cookies, five Canadian women who started a now-famous money club in 2006, explain on their site that they’ve “become best friends since [they] started meeting.” We also suspect it’s because group support has been proven to help people break other bad behaviours, such as smoking and overeating. Tanya Parlee, who runs a club in Port St. John, B.C., says a lot of what her group provides is help with the emotional side. “Everybody knows how to do math. But you’ve got to change your habits,” she says. “It’s more human nature than money.”
2. Go green(er)
A few years ago, being good to the planet meant buying carbon credits. Now, going green is often centred around saving it.
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File photo.
