5 Ways YOU Can Fix the Economy - We the people are responsible for the state of the economy, and we can fix it. Who needs big government when they can't tell us how to spend our money?
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You are here: DIME Home > Finance > 5 Ways YOU Can Fix the Economy
We the people are responsible for the state of the economy, and we can fix it. Who needs big government when they can't tell us how to spend our money?
Author: S Porter
Date: Jun 25, 2009 - 5:19:33 PM
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1. Go on a date. Most people overlook the little things that people can do to improve the economy around them. Your community thrives by money flowing from person to person and an economic downturn happens when that stops. You may not have the money to go out and splurge on the big ticket items, but any amount of money flow goes a long way if everyone is doing it. Reconnecting with your spouse through dinner and a movie will also stimulate more than just your local vendors!
2.
Go on vacation.
President Obama recently said that taking a trip to
3. Buy something from another person. Many people need to downsize their own household right now, so they are trying to sell a lot of things they don’t really need. You can but these items for unbelievable prices and you will be helping them out at the same time. They say one man’s trash is another man’s treasure; and with the economy down right now, you may be helping them pay their mortgage this month. Some people feel bad when they see someone selling personal items because they need the money, but I see it as initiative to survive. Doing whatever it takes to meet your obligations is a valuable skill that more people should learn, and they will be stronger when they come out the other side.
4. Invest in something. Stocks have been down at levels we have not seen in more than a decade. If you are a long term investor, you won’t see a better situation for decades to come. No one can tell you if the stock market is done going down or not, but if you are investing for the long term; I can tell you with 99% certainty that the stock market will be higher in ten years. Many businesses out there are good companies that need your investment money to grow and expand, and ultimately, to hire new employees and pay more in taxes.
5. Start a business. This is the all time number one thing anyone can do to help the economy and everyone around them. When the economy is down, large companies are laying people off and small business is doing all of the job creation. I chose to start an Ameriplan business, because it helps people with high healthcare costs and it allows me to generate an extra income for my family. If your business has a strong base, you can begin to hire new employees and help provide for their families as well. Businesses provide the majority of economic growth, and the big businesses of tomorrow are starting right now.
View all articles by S Porter
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