As Singapore hits a full economic recession in the coming year 09 and with news of more retrenchment being broadcasted especially in banking and automobile industries, many experts have said the right action - Tighten your belts.

But how far can you tighten it? Practically speaking, the last hole punctured in your belt is the furthest you can go. The waist has a limit! You cant save and scrooge every single cent you had earned so far.

The resolution is to keep spending. Keep spending please!!! This is the way to keep the economy moving and get out of this crisis. Consumer expenditures can generate singapore's GDP.

Often enough, you hear friends telling they have no spare money. Oh please... what's that new shirt, jeans & watch that you are wearing for the CNY? They keep the money to pamper themselves and tons of it in the reserves. Cut the crap and stop using the recession as an excuse to hinder your expenditure.

When it's time to spend, SPEND IT!!

Posted by Red Lancer