Showing posts with label charity. Show all posts
Showing posts with label charity. Show all posts

Wednesday, November 4, 2009

How the Recession Changed Us

I read a really interesting article in Parade on Sunday about how the economic crisis over the last year has changed Americans. You could probably guess that there was a lot of negativity:

-79% of people had been personally affected by the recession
-68% of people had lost their job or had their pay reduced, or they knew someone who had
-Over half of people had trouble paying their housing costs or knew someone who had

It talked about people cutting back on vacations, holding off big ticket purchases, postponing home additions or renovations. People are feeling cheated because they "played by the rules", and many are losing faith with elected officials.

I, like many of us out there, was personally affected by the recession. Three weeks after my husband and I returned from our wedding in September, we realized his bank was being purchased by another bank and he'd most likely be out of a job. By December, it was official, and by February, he was unemployed. He recently was hired by a great company, but for months, we lived in uncertainty.



But what I learned, and what millions of others are learning, is that through the challenging circumstances, there's still so much to be grateful for. First off, we made saving money our priority. We hosted game nights and potlucks instead of going out and spending money on food and drinks, and 46% of people said they're forming better relationships with friends as a result of the economy. In July, I started volunteering for the Humane Society - 30% of those surveyed began volunteering for a charity or cause. And my husband and I are definitely have a stronger marriage because of everything we had to go through - 52% said their relationships are stronger with their spouses.


The recession has enabled people to get more creative. More people are learning new skills or becoming do-it-yourselfers. More people are reading for pleasure. People report being healthier and more active. Frugal Femme and I started this blog!


I do tend to look on the bright side of things, and while this recession has been incredibly painful for millions of families, I think it's helping us remember the important things. It's not about big houses, fancy cars, or the hottest clothes. It's about family, friends, taking care of yourself, giving back, and helping out.


I don't know if I could have said that in February when my husband lost his job. But we both gained a lot of knowledge and lessons that many couples probably don't learn until years down the road. Many of the things Frugal Femme and I talk about in this blog are tips and strategies that I'll continue to use. After what we went through, I'm passionate about saving. I try to save at least 10% of my paycheck. And I've become better about gift buying - I now prefer to give gifts that are more personal, like a batch of homemade cookies, than going out and spending a lot of money on something meaningless.


Anyone else out there that was personally affected by the recession who feels like sharing? Do you feel like you're better off in life because you've struggled?

Thursday, July 23, 2009

Money Well Spent

"Two dollars means a snack for me, but it means a big deal to you," - "Mr. Wendal", Arrested Development.

This has been a really tough recession. It has left us with less money, dramatically reduced retirement accounts, and even worse, has caused many people all over the country to lose their homes and jobs. Not only has this recession been tough on the average American family, it's been even worse for society's vulnerable. Agencies and organizations that were already tapped for resources are now really struggling to help all the people in need.

Despite the bad, there is definitely a lot of good out there. I started volunteering at the Humane Society this week, and I was struck by the generosity of one couple who came in. They spent a half hour playing with the kittens and then came up to the front desk to donate $50 just because. They wanted to do something and couldn't have an animal at home, so they wanted to help as best they could. It definitely gave me the warm, fuzzy feeling and inspired me. Earlier today, a girl I mentored for over 4 years called me up and told me she was getting an apartment on her own. She's 18 and had been in foster care most of her life, so this is a really big step for her. She said she had enough money for half of her deposit, and without a thought, I offered to give her the other half. I was so proud of how far she's come and understood that she needed a little help to get on her feet. It was the best $50 I ever spent.

So I challenge you. Think about how you're really spending your money. Sure, you might really like that new pair of jeans, but do you NEED it? I feel people would be a lot happier if they spent their money on helping others instead of adding to their piles of "stuff". Need ideas of where to send your money? I recommend food banks. Two meals and snacks are provided to kids during the school year by their schools, and with school out, food banks take on feeding more people during the summer. Or donate to an agency you are passionate about. I guarantee that money will be greatly appreciated and you'll remember it much longer than those jeans will last.