Comments on: Benefits of Economic Recession – How it can help us

By: Money Hacks Carnival #50 at Curious Cat Investing and Economics Blog

Money Hacks Carnival #50 at Curious Cat Investing and Economics Blog — Wed, 04 Feb 2009 14:38:57 +0000

[...] Benefits of Economic Recession – How it can help us [...]

By: passivefamilyincome

passivefamilyincome — Wed, 04 Feb 2009 03:30:56 +0000

@Kim – Thanks for stopping by. Looked forward to more comments from you in the future.

@Big truck trader – Innovation & Creativity will be very important in the future to get things back on track.

@The Passive Dad – I really hope that people start to appreciate the simpler things in life. I think too many people got wrapped up in having all the cool “things” and couldn’t pay for them with their own money.

passivefamilyincome’s last blog post..PFI Weekly Updates – February 3 (2009)

By: passivefamilyincome

passivefamilyincome — Wed, 04 Feb 2009 03:24:34 +0000

@SoldPlanning – Yep, I agree. It would almost be better if an auto company or another bank failed so we can clear away the junk.

@Blake – Thanks for the comments. Have you ever heard of the lean six sigma? Your comments brought that thought into my head.

@TAM – Hopefully people learn there lessons so they don’t have to repeat the past.

passivefamilyincome’s last blog post..PFI Weekly Updates – February 3 (2009)

By: passivefamilyincome

passivefamilyincome — Wed, 04 Feb 2009 03:19:17 +0000

@Steve – Yeah, my one fear is that once things turn around, people will go back to the spending spree they have grown use to.

@Dusty – Good luck with your dripping.

@Earlyriser – Thanks for the visit. I agree, paying off debt is such a great feeling.

passivefamilyincome’s last blog post..Read Your Credit Card Statement – Detail is Important

By: The Passive Dad

The Passive Dad — Mon, 02 Feb 2009 07:50:28 +0000

I agree with #5 and feel we already have a greater appreciation for the things we have. We are fortunate to have a home, car, food and basic necessities to prosper in life. I also think this is a fantastic time to drive home these same values to our kids and have them appreciate what we have together. The Passive Dad’s last blog post..Good News For Your Budget: Starbucks To Close Another 300 Stores