Sunday, December 7, 2008

Recession - the great Meltdown is here, let's face it. It's time to accept it. And once you accept it, really it is not difficult to fight it....!

This site is for all those in the world who have accepted the great Recession facing the globe and want to fight this Universal Meltdown. You may be an individual,a corporate house, an institution or a group of socially responsible people. If you are willing to join hands in the fight for recession, you are invited to this site. I am not an Economist, nor have I written best seller Manuals on recession. But I am experienced in earning, spending and controlling finaces in different scenarios. My endeavour is to bring together seekers who want to sincerely overcome recession and those who are already fighting the crisis early, and in their own way. The two can benefit / learn from each other like no other can teach. Please share your experiences on how Recession has already affected you, and also how you propose to combat the evil. Even when wars are fought, the country which has superior equipment and intelligent strategies wins over. Similarly Recession can be won over with early acceptance of it, and truly facing the situation with intelligent strategies. This site is exactly for that purpose.....together we can achieve success and fight the great Meltdown. The last recession known to mankind was in the thirties. That was also fought by people, but they had no technology to assist them in this fight.

This is the site where we will endeavour to achieve financial freedom by sharing our strategies, ideas, experiences and real life instances of fighting the recession.
We will share how we can work to save, invest, donate, spend, manage mortgages, stocks, bonds, and acquire insight into clever investment strategies used by World's great investors like Warren Buffet.

May be we need to change our life style. our spending habits, our gifting budgets, our festival expenses, the travel styles, sharing a home, sharing a car, books, knowledge, and to completely avoid wasting anything. For truly it's the little bits of savings that build up huge and wealthy empires. We may have to give up our credit cards and live a life by budgeting daily, monthly and annual expenses. If we dont begin to seriously think on these lines, recession will beat us before we know what hit us. So let us wake up....! And accept that we have a Recession so we can begin to deal with it....!

The first lesson that I have learnt is from my husband. He may not have built a bottomless pit of wealth but he has made a sizeable fortune by sheer grit of his ability and acumen to save and invest when an opportunity presented itself. By virtue of having watched him 24 x 7 for over 25 years, I can safely claim that I am aware of each step taken by him which suceeded in a big way or otherwise. I would like to share those steps with my readers and members who have joined this site to exchange views on the current Recession Forum:


1 comment:

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