Oklahomans finding ways to meet finances

 
By Diana Baldwin | Published: September 27, 2008    Comment on this article Leave a comment

Word this week from President Bush that the country could slip into full-blown economic panic without help from a rescue package adds to the challenges facing parents trying to raise one, two, three or more children.

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Financial downshifting tips
•Make mindful purchases. Ask yourself: Do I really need this item? If not, why am I buying it? Is this purchase in sync with my values?

•Adopt the Depression-era motto, "Use it up, wear it out, make it do, or do without.”

•Buy used whenever possible.

•Do it yourself – this includes everything from homemade meals to housing repairs.

•Comparison shop and get several quotes on large purchases.

•Develop low-cost interests like bird-watching and volunteering.

•Borrow and share – rarely used items like specialized tools, crowd-sized punch bowls, and trucks for moving days.

•Quit trying to keep up with the Joneses.

Source: Parenthood.com

On the Web
See parents talking about today's economic hardships at NewsOK.tv.

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Oklahomans already are coming up with ways to answer the demands on families' pocketbooks.

"It seems like we just get less and less,” said Jessica Tarver of Oklahoma City as she rummaged through a plastic container of second-hand shoes for her 10-month-old son, Miles, at a recent consignment sale in Edmond. "There are babysitter costs and food is going up.”

Paycheck slashed
Her husband, Richard Tarver, said economic hardships hit his family at home and at work where his heating and air conditioning bosses cut out all overtime work, reducing his paycheck.

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