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The current economic situation has caused millions of Americans to rein in their spending habits and adopt a more frugal way of life. For thousands of unlucky individuals, the recession has resulted in job loss, home foreclosure, and the dissolution of all financial means. Imagine such a situation. What would you do if you woke up one morning and had nothing left? Where would you turn for shelter, food, and work? Tell us what you would do to survive and we’ll enter your name for a chance to win a $250 Visa gift card, courtesy of YoungMoney.com.
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How Would You Survive with No Money?
07.04.2009
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use coupons and only get things that are free with them
First I would go to Welfare, then check out the Christian Organisations to find out about soup kitchens. If I had nothing to sell, I would have to sell my body to feed my children or try to shoplift from the supermarket. I would do anything to keep my children fed and clothed.
07.04.2009
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Well, we always make sure to build our savings so hopefully we'd have something to fall back on in the event of loss of job and home, but assuming everything disappeared all at once, we'd turn to family, then friends, then community resources.
To survive without money, you are careful with the little bits you do have. You learn to keep expensive indulgences to a minimum and save for the things you really want.
07.03.2009
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I've been surviving with no money for years. As a freelance writer, you get good at that sort of thing. I've often said that the only difference between me and the lady pushing a shopping cart containing all her worldly belongings is that I've got a better FICO score. Credit cards have enabled me to maintain the necessities in life more often than I care to admit. The down side is the accumulation of the proverbial "mountain of debt," which I will never live long enough to climb down off of. Then again, I have no assets and no heirs, so when I die the debt dies with me. Do I feel badly about this? Not so much. In good times, barely a day went by without at least one offer of easy credit. Maybe had they not made that $5,000 cash advance as simple as signing my name, I would have gone to work in a Dairy Queen and lived within my means. At least I'm not alone. There are thousands of people up here on this mountain with me. Pretty nice folks, too.
save more,buy on sale,budget the depenses,buy second hand furnitures or clothing
07.03.2009
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I have such a big family (9 siblings) so you would think I would pick my wealthy brother...but I rather move in with Mom/Dad so I can care for them...they are very elderly.
07.02.2009
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I would live with my family and try to get back on my feet.
07.01.2009
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I would probably go to live on a property that my mom owns. I'd find work to do for her and my stepfather in exchange for rent. We could grow some of our own food. Beyond that I don't know.
07.01.2009
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I would have to move back home and live with my mom.
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