Few ways to survive the incoming recession (Part II)
I talked about Few ways to survive the incoming recession just 2 days ago. But I realized I’ve actually missed out few important things. I’ll talk about those missing points here.
Avoid using credit card
It’s pretty hard for you to keep track of your credit card debt when you’re outside. That’s why always try to avoid shopping with your credit card unless it’s really necessary. The next thing you want is to sign too much and unable to pay, which will bring us to the following point.
Pay your debts on time
Always remember to pay your debts. Always ensure you have enough money to pay all of them including your loans and credit card bill. Failure to do so will cause you to pay extra $$$ in terms of penalty, which is totally unnecessary.
Don’t make unnecessary mistakes
Drive slowly and don’t exceed speed limit, don’t overtake at double-lined road, don’t park illegally, etc. All these can be avoided if you are careful enough. There’s no point to pay few hundred bucks for these silly mistakes. Avoid them at all cost.
Sell off your unneeded stuff
Similarly, you can set up your very own yard sales. Sell all those things that you no longer have use of on eBay or garage sales, etc. They will help you to earn some money.
Know your rights as a tax payer and employee
Certain companies provide the employees with benefits such as optical and dental. Always remember to check those out and fully utilize them. Also, know your rights as a tax payer. What can you claim and what you cannot claim. For example, buying books is a good investment and you can also get tax relief from that.
Plan your trip
Getting up earlier before the morning rush hour, and going back home after evening rush hour will definitely help you save up some fuel cost. Also, plan where you are going before you start your journey because if you end up lost, your car will surely burn up more petrol than necessary.
For now, I cannot think of anything else. Hahhaa. Do let me know if you can think of something which I have not listed here.
Enjoy!
Hey…
There were tips like this published by CNN Money, right?
Oh yeah, about planning your trip, its important to also drive properly. Just watched MythBusters last night and it seems that stressed drivers will use up more fuel due to unnecessary braking and accelerating. Hmmm…
Angie Tans last blog post..Light Overcame Darkness…
Keep your friends and family close. You’ll appreciate their encouragement and smiles in hard times.
@ Angie
eh? Nope. I didn’t take it from CNN Money. Some of them are information I took from other articles and some are my own.
Oh ya, the more stressed up you are, the more you will accelerate and brake.
@ Damien
Yeap, I think that’s an important point.
Dude, another important thing… walking or cycling to work… hahaha :-p Like me, i walk to work everyday
Anyway, from my place to the office is about 15mins walk uphill 
TZs last blog post..Tiring Gym session…
@ TZ
Your choice. 
I rather stick to my car.
Hmmm, not applicable in Malaysia. You will either cut your life span by inhaling those pollution, or you might get robbed, or you might get knocked down by some drivers who only have a flying license.