Look on the bright side of life

By Sara Noel
Published/Last Modified on Wednesday, May 13, 2009 5:18 PM MDT


Money doesn’t buy happiness. If you take a look around, you’ll discover that there are joyful benefits to the recession. Not simply monetary opportunities in real estate, airfare, cheap stocks or from businesses struggling and discounting prices or liquidating and going under but in your personal life. It’s an involuntary pause in your pursuit of happiness. It gives you much needed time to reflect, create new goals, and reprioritize your life. While you still need money to pay your bills, you’ve probably realized there’s a lot to be thankful for, too. What benefits have you seen?


Here are a few silver linings.

FAMILY TIME: Many families are staying home more often. They’re cooking more meals at home and eating together, spending less money on entertainment, and getting back to the basics of sharing quality time. According to NPD Group, a consumer and retail market-research company, board-game purchases climbed 6 percent in 2008, reaching $794 million in sales in the United States. Cutting back is boosting appreciation for many things that were previously taken for granted. This isn’t deprivation. This is the good life.

COMMUNITY FOCUS: Whenever you go through a tough time, it opens your eyes to others who have it worse. Low times encourage people to give more to others. It might be through volunteering or donations. One reader, Melody in Seattle, shares: “This economy is making me really grateful for what I have. I have also become more giving. This year, we participated in two giving trees (school and work) to share with those less fortunate, and I also signed up to make donations next year directly out of my paycheck. Since we have been blessed, especially in these times, it seems especially important to share.” Giving doesn’t have to be a charitable donation. You might reach out to neighbors more and share tools, garden harvests or help out — you know, the way it used to be before people decided that high fences made good neighbors.

NEW SKILLS: While many have lost their jobs, it has become an opportunity to learn new skills or leave a job they weren’t happy with. Many people are learning to do more repairs and home improvements on their own, too. For those working in industries that are taking a hit, they’re bartering their skills.

SAYING NO: It has never been easier to just say no to all the things that get you to part with your time and money. Friends and family are more compassionate about your budget. Another reader, Heather in Idaho, shares: “Suddenly, I have friends who are starting to cut back and join me on some of my frugal ventures. Not that I need to have that validation but it is kind of nice not to be the constant ‘oddball’ in trying to conserve and save.”

Can’t attend that wedding? They understand. Want to pare down on gift giving during the holidays? Now is the time to bring it up. You have a legitimate reason for saying no. .

LEAN AND GREEN: When you have less money, you are forced to consume less. You’ll naturally create less waste, conserve energy, and make things last longer. Why buy new when you can make do with what you have, borrow, rent, buy used or make it yourself? Times are turning. It’s a good thing.

Sara Noel is the owner of Frugal Village (www.frugalvillage.com), a Web site that offers practical, money-saving strategies for everyday living. To send tips, comments or questions, write to Sara Noel, c/o United Media, 200 Madison Ave., 4th Floor, New York, NY 10016, or e-mail sara@frugalvillage.com.

 

Comments

Write a Comment

Comment posters are responsible for the opinions they express and the accuracy of the information they provide. We urge comment writers to treat this as a public forum where manners matter. We encourage a collegial, non-insulting tone. All readers comments must be approved by our staff before posting to the Web site. They review submitted comments periodically during the day for offensive or off-topic content before posting. Be aware, in accordance with the Communications Decency Act and provisions upheld in judicial appeal, that you are responsible for comments posted on this Web site. The Douglas Dispatch is not liable for messages from third parties.

DO NOT POST:
* Potentially libelous statements or damaging innuendo.
* Obscene, explicit, or racist language.
* Personal attacks, insults or threats.
* The use of another person's real name to disguise your identity.
* Comments unrelated to the story.
* Personal Information (phone numbers, addresses, etc.)

Opinions, advice and all other information expressed in douglasdispatch.com's reader comments represent the individual's own views and not necessarily those of the Douglas Dispatch. The Douglas Dispatch does not endorse and is not responsible for statements, advice or opinions offered by anyone other than authorized Douglas Dispatch spokespersons.

Your thoughtful contribution to the online discussion is appreciated.

(optional)
   









Contact Us

Email the Editor
530 11th Street (85607)
P.O. Drawer H
Douglas, AZ 85608
tel: 520.364.3424
fax: 520.364.6750