With unemployment reaching a new high at 9.5% in the US today, I wonder if that means we are truly going to be heading into deflationary times. After all, who is going to prop up the US through spending if the labor force is both smaller, and therefore less in a position to demand higher wages?
Further, some industries may just need to cut wages to stay alive.
If you can find a way to work from home, then $30,000 may be just fine. Think of all you save when you don’t have to maintain a car, an expensive wardrobe, and meals out. Remember though – do include a profit margin in your work – and save, save, save for rainy days. If you downsize right, one person can manage this – and save. But it does require some diligence – that is true.
New York Times
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WHFoods: The World's Healthiest Foods
The self-published book by Dolores Hark entitled, "Living Frugally with Purpose and Style: the New Conserver," is now available for download.
Dolores has a Master's Degree in Economics and in Sociology from a reknowned U.S. based university. She provides a serious look at how to better manage Household Economics.
View the book outline here