Now, you’re thinking that I’m completely off my rocker.** But as I’ve been mucking around the house this morning, I’ve come up with a few ideas. Feel free to add your own.
Go spend some money, already. It’s not a unique, or even particularly brilliant, revelation. If we all stop spending money, we put the brakes on the economy ourselves, creating a self-fulfilling prophecy. Don’t fire the landscapers (if you’re lucky enough to have them ). Look around your house and see what needs fixing or winterizing–call the handyman. Take your shoes in for new soles. Go to the drycleaners. Head to midtown for Second Saturday tonight. Buy a book at your local bookstore–for example, Beers and Time-Tested Books–or, WTH, Borders if you must. As I sit here writing this, I am making plans to have some plumbing done and purchase a new washer and dryer (I can hear my old ones wheezing from here).
Spend your money wisely, of course, and don’t spend it all…but spend some. Granny Degrees always taught me that paying more for higher quality was always better than buying something cheap that was going to break/wear out in 18 seconds. So, this weekend, I put together a list of things I need to buy anyway. With that in hand, I am going to go patronize local businesses. It’s a beautiful thing: I get new shoes (for example), the business owners keep their employees, we all pay our damn taxes, and everyone’s happy.
Go to a restaurant. Tater doesn’t know it yet, but we’re going out to dinner tonight. Restaurants are always the first to get hit in an economic slowdown. Go support your local restrauteur. Leave a generous tip for the waitstaff. I like to think of this as heading off the recession at the pass. (If it helps, imagine yourself in Western wear, 6-shooter at your hip. “Why you lily-livered recession, you’re not gonna get past me!”)
Go through your garage and donate whatever you can to charity. I just did this last weekend. Parcel it out to several different causes/organizations if you want: Donate warm winter clothes to the WEAVE thriftshop. Donate knickknacks and household items to the SPCA thriftstore. Call places like River City Community Services (916-446-2627) to see what they need. Or Wellspring Women’s Center. Or Loaves & Fishes. Or the Salvation Army. Go through your kitchen cabinets/pantry and donate canned goods. These are all great organizations, and it has been a rough year for them. Unleash your generosity.
Put away the credit cards and pay cash. Just opt out of the entire credit crunch and do your own budget a favor. I have been charging almost everything because I get airline miles, but I have paid off my credit balance every month, too. Still, I tend to overspend when I use the card, so I am making a commitment to reduce my use of it. I also hate to carry cash because I have a track record of losing it or spending it on lattes. So, this will take a little discipline for me, but I’m going to give it a shot.
Hire someone. If you’re a business owner or manager, it almost seems nuts to hire right now. Of course, if everyone stops hiring, then who will have the money to buy your goods or services? Economic karma comes back to you–and you don’t even have to wait until your next life. Can’t afford it? Outsource some of your work to a local professional (a consultant, an accountant, etc.).
Get out of your house. Go for a walk. Meet your neighbors. Go to a community event. Even better: Join your neighborhood association, attend a public meeting. Do not just sit back, turn on the TV, and accept the “inevitable”–fight back with a positive, activist attitude. Fight against recession with the same passion you would against, say, global warming.
Adjust your outlook. Don’t let the news drag you down. Sure it sucks…but this country has been through worse and overcome worse. It will do no one any good to be resigned. I don’t want to go all new agey on you, but if we all collectively decide to be generous and kind with each other, it will help.
Do something that makes you feel good and that is also useful. Volunteer for an organization doing something you believe in. Vacuum your living room. Make cupcakes. Help a friend paint her living room. Complacency is not an option.
Do a quick Google…Don’t take my word for it. There are other interesting articles and posts about these same things. Here’s one. I’m sure there are 9 million more–and from people who, you know, have actual economics degrees.
Go vote on November 4. Because it really matters more than ever now (okay, it always matters). And I’m not just talking about the presidential race. Choose your elected representatives wisely, because we are going to need exceptional people to lead during these exceptional times.
* Much as the world often hates to admit it–and how can you blame them?–as goes the U.S. economy, so goes the world. Do a neighbor a solid.
**If you’re not already convinced, feel free to read my other posts for incontrovertible evidence.