It sucks to be in a recession in many ways, but it brings about a different mindset in people.
Some go into "thrift mode" and refuse to spend a cent, some just make wiser decisions with their money and others seem unaffected.
It really depends on your personal situation.
I believe in the saying "make more, give more, live more" and the recession has taught me more about money and life in the last 4 months than the prior 4 years! Think about this..
..
the money has not gone anywhere.
It's true, the exact same amount of dollar bills are still in circulation, they're just not changing hands quite as quickly.
Big companies are hanging onto dollars by laying people off.
The good news for you is that, weather you've been laid off or not, the cash can still be yours for the taking.
History has proven that more millionaires are created in times of economic downturn that any other time.
I believe it's because we're creatures of survival and we always have been.
I've had to go out and create my own income thanks to this recession and it's made me a better and stronger person.
It is a scary situation to be in when you feel like the rug has been pulled from under you, but if you get over the initial shock quickly, take stock of your skills and get cracking on an action plan, you'll turn things around quite quickly.
Keeping your mindset right is honestly the MOST important factor to winning the war on the recession, I promise you that!