Economy Woes 2009

The world’s economy is in the toilet and not expected to get better anytime soon. In fact, despite the combined efforts of the G7 governments, things are not expected to turn around until 2010. The TV news continuously serves up dire and depressing reports until it hurts and you just want to switch them off. But just like a painful tooth you keep probing with your tongue, you can't stop watching and you simply switch channels looking for some glimmer of hope.

So what do you do until 2010? But today is all you can really think about because, despite the economic downturn;

• the bills keep piling up and you are worried about your job,


• the children keep growing and need new clothes almost on a weekly basis,


• your car needs a major tune-up even though you're driving it less


• and forget about the new roof for the house...

The solution is obvious, you need to make extra money on a regular basis and soon. If you have managed to put away funds for a 'rainy day', they won't last forever.

So how can you make fast extra cash legally?

• ask your boss for a raise


• put in extra hours at work


• get a part-time job in addition to your full-time one


• cut down on expenses


• raid the attic and sell any surplus possessions…

But these solutions can have adverse effects on your work and home environments;

• your boss is a skinflint even when the economy is good - he's already cutting back on your regular hours and still expects a full day's work from you


• you can't put your job in jeopardy by pushing for a raise or extra hours


• part-time jobs are at a premium and hard to come by - if you do get one, your time with the family is reduced, and you still need to eat, bathe and sleep


• your expenses are already cut to the bone - you had to cancel the March-break road trip that the family has been looking forward to for the past year


• nothing left in the attic - maybe it's time to raid the neighbors' attics and sell their stuff on eBay

So is there a better solution?

Have you ever consider a home based business? Yes? No? But, you may add, starting a business in this economy is nuts as it probably costs lots of money! Not really – there are a number of online businesses that can be started on a shoestring budget and you can earn as you go.

Tomorrow we will look at some Ideas for a Successful Home Based Business in 2009…