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Things You Can Do When Money Is Short

Last Updated: December 12, 2008 Related resource areas: Personal Finance, Financial Crisis

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THINGS YOU CAN DO WHEN MONEY IS SHORT

older couple biking


  • Think about things you have been spending money on that you can do without - movies,magazines, music, gas, sodas, etc.
  • Think about ways to earn money - baby-sitting, pet sitting, mowing lawns, delivering papers, etc.
  • Think about ways to stretch the money your family does have - sew or mend clothing,garden, baby-sit for younger brothers and sisters, prepare meals, etc.
  • Turn off the lights, television, stereo, and other small appliances.
  • Take shorter showers to cut down on the hot water used.
  • Hang your clothes up after wearing so they will not need to be washed and dried as often and will last longer.
  • Do not stand with the refrigerator door open while deciding what to eat.
  • Drink water, milk, and juices, which are healthier and can be less expensive than soda.
  • Turn off water while brushing your teeth, turn on (small stream) for rinsing.
  • Use less shampoo - only enough to clean the hair (too much lather is wasteful).
  • Buy generic brands of personal care products.
  • Do not waste school supplies - when possible, use both sides of paper.
  • Do not be wasteful with food.
  • Ride your bike or walk to places whenever possible.
  • Give gifts to friends and family of your time and energy rather than money.
  • Think about the things you do that make other people in your family angry. Find ways to avoid doing those things.
  • Do extra chores; help out without being asked.
  • Clean up after yourself.
  • Avoid picking fights.
  • Spend time caring for younger brothers/sisters.
  • Share your possessions and school supplies with other family members.
  • Be generous with your time.
  • Keep a good sense of humor.
  • Be enthusiastic about trying new ideas.
  • If a task needs to be done and you can do it, do it; it will be appreciated.
  • Treat your family with kindness. Be courteous using “please and thank you” generously.
  • Accept your parents decisions in a positive manner.

Remember, no matter what your age, there are things you can do to help at home during tough times.


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