Our Economy, How long will it be.

It looks like the economy is going south, so what can we do in our lives to make it a little easier?
With raising gas prices, and I don’t expect the price to drop, it has hit many families hard. One we must learn to do as many of our parents did, stay at home. Cut out unnecessary trips.
How many phones does your family have? Each have a cell phone plus you have a land line in your home? Do we need this? How did people get by when their was no such things as cell phones?
How many of you that have cable TV click you 100 channels and then say, “Nothing is on” Unless you watch TV a lot, figure how much that cable TV is costing you an hour. You might just be surprised.
Stop eating out so much and cook at home. Do comparison shopping with the adds from your local stores on food. You can still pick up some good deals.
Most important is paying off your credit cards if you carry a balance each month. Look at how much you are paying in interest each year when all is totaled up. This money that could have been in your pocket. Save that money for items that you would be buying on credit. We live today like we have to have everything now instead of later when we can afford them.
Look what our government is doing, lowering interest rates so you will borrow. Well, there comes a payday with debt. Borrowing is not the answer to this economy. For those who has worked and put a little money back is taking the heat for this action. The best I can do on a bank CD right now is 3.7 percent. Then I have to pay taxes on this at the end of the year.
If the economy recovers with our governments actions, there will be the day that this same economy will hit bottom. I look for it in my lifetime so if I were you, I would be ready.