2011: Hope or Despair (part 2)

Are some people immune to the recession?

Not everyone is affected by the recession. Some people are lucky enough to be recession-proof. According to George Orwell, in his book “Animal Farm” “All animals are equal, but some animals are more equal than others.”

To single out Premiership footballers, I am sure Manchester United’s Wayne Rooney and Manchester City’s Carlos Tevez are smiling like Cheshire cats having recently signed new contracts after successfully holding their clubs to ransom over their intentions to leave.

Furthermore, I am sure we all remember the recent remark of Tory grandee, Lord Young, that most Britons “have never had it so good.”  Of course, there is no doubt about what side of the divide Lord Young happens to be perched on.

On a philosophical note, life may not be the party we hoped for, but while we are here we might as well dance.

Tips for getting value for money from expenditure during these desperate times

Don’t be afraid to haggle when you are out shopping. For most of us, haggling is something we only engage in when holidaying abroad – mostly in developing countries. However, given the current economic climate in the UK and retailers being at the mercy of the consumers, some retailers will extend discounts to customers on request.

Local markets are a good place to get value for money. You will save a significant amount of money doing your grocery and meat shopping at a local market compared to a big chain store. Don’t forget your haggling skills.

Utility bills are next. Remember to check your gas and electricity bills to make sure you are on the right tariff. If you are not sure of your tariff, call your provider to find out. Chances are that you are on the most expensive tariff, just like I was for the last six years before I changed it.

Try and get into a habit of reviewing your bank statements on a monthly basis. Apart from staying on top of your cash flow, it is important that you highlight and query any unexplained bank charges or transactions posted to your account.  Contrary to what some people think, the banks do get it wrong sometimes.

I wish you all a very prosperous 2011. God willing, we will all succeed in keeping the wolf from the door over the coming months.


One response to “2011: Hope or Despair (part 2)

  1. Very encouraging remarks. I would like to add check out the http://www.moneysavingexpert.com for tips on saving money, budgeting and even getting things free.

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