During this rough time, we all need to sit down and figure out how to survive a depression. Discuss these tough times with your family to see how you can save money or spend less on the things you need and want. You would be surprised at the ideas the kids can come up with, so you will want to include them as well.
Learning how to survive a depression can be a struggle at first, but if you work together as a family, you can do it. If you ever studied the great depression in school, you know that they did what they had to do to survive during that time. We may have to do the same thing during this tough time. People that didn’t have jobs before may have to get one so they have enough money to support their families. Businesses are laying people off because income is down. This makes it hard on families as well.
There are a number of things you can do to teach your family how to survive a depression before it happens. For starters, you should save money while you can. There are many ways you can save money here and there. Drive the car instead of the truck on the weekends when you go to different places as a family. Walk if you can rather than drive. Go out to dinner less and cook at home more. Purchase less expensive foods and skip the more expensive ones such as crab, shrimp, and steak.