I was just watching the news last night and I was alarmed about the mass lay offs happening in many companies, not only in the Philippines but around the world. In fact, I was shocked when I found out that a big and well-known manufacturing company is closing down. It seems that many people have lost their jobs because of the global financial crisis. Thousands of people are jobless and many more are scared of losing their jobs this year. The rising financial instability has become a major concern for a lot of people.
Tough times call for a cutback on spending. Everyone should learn to be practical and wise with their purchases. With the unstable economy, it is best to save money whenever possible. Set aside luxury and consider what is practical and necessary.
Find ways to earn extra income. If you enjoy spending time on the computer, then make your online time fun and beneficial. Did you know that you can make money blogging? Nowadays, people of different ages have online journals, often referred to as blogs. There a lot of personal blogs and there are some that have specific topics like fashion, food, parenting, home and living. Find out more about how to submit and verify a blog and start earning some extra money.