There are news coming out the the US economy is beginning to recover but others think otherwise. Some say it’s just superficial or its just to make the people hopeful again.

Whatever the state of the economy is, one thing is sure, we all must start saving and cutting cost in every way possible. Everything is going up in price, job opportunities going down, one must exercise wisdom in the area of finances to make it well and good despite the hard times.

About two weeks ago, i was with my cousins, aunt and uncle who are US based and on vacation in the Philippines at their Serendra Condo. They were sharing about life in America, how the economy is already being felt, how they should adjust their shopping habits, etc. And since Uncle is a Medical Doctor, we talked about the importance of staying in shape too.

To save, they go to Costco, a warehouse shopping mart where you buy in bulk at lower prices. But the thing is, if there is not enough people in the house to finish all food bought, you end up throwing unconsumed food away, and that’s money on the trash right there. So instead of buying food from Costco, they go to a store (i forgot the name) where they sell Organic and has the freshest stuff. Price is higher, but they get only how much they can consume and yet it’s healthier.

Maybe you can assess if you are actually save buying bulk food or not.

For clothes they buy during clearing when the season is about to change, and save those new clothes for the season that just past for next year. It’s buying winter clothes when winter is about to be over and price tag is down on sale, then keep those the start of winter the next year. That  saves a lot on shopping money. Who would think that you actually bought your clothes last year when you wear it lol…Maybe one should consider checking out wholesale clothing stores.

Also, for Electric bills to lower, one can consider investing in Solar Power, it may be a sizable investment, but in the long run, you save. It may take probably 5 years before you recover your investments on the bills saving, but after that it will be All savings because you will be next to having no bills.

If you have a garden, maybe you can start planting some vegetables so you don’t have to keep buying. Saves you gas  and time plus space on your fridge. Harvest when you need to eat it. If your garden is big, maybe you can even sell to your neighbours.