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Christmas is coming and why I love the recession

Saturday, December 6th, 2008

Christmas is back, are you excited?

Many families around the country are not very excited, with the ailing job market, redundancies and limited credit available, Christmas may not be so great.

My advice for all the students out there is try and earn a couple of hundred quid over Christmas. Hunt down the New Year jobs, any bar jobs going, basically anything you can find.

This may astound some people, but I am genuinely excited about this looming recession. I’ll give a few reasons why:

- House prices are coming down which means graduates will be able to buy in 2/3 years time. That’s if you’ve opened a savings account and decided to save.

- Recession will ultimately bring unity the country. It SHOULD bring people closer.

- It causes businesses to think more carefully, all the businesses that don’t offer real VALUE will be weeded out.

- New businesses will start. It is now incredibly cheap to start a business on the Internet. It’s hard to make it work but if you have the willpower, anything is possible.

- I think this recession will cause us all to think outwardly. We not only need to think about our own pockets but need to think about all the other bad things going on the world. The deforestation, environment and child poverty are firmly on my mind. I want to do something about these things.

These are my main reasons for loving this recession. I know there are bad things happening with losses of jobs and I feel for those people but things WILL turn out okay in the end.

Do you agree with me?

It’s a crazy world

Sunday, October 12th, 2008

I shouldn’t have left you guys so long without a blog post, won’t happen again! Things have gone a little crazy with the world economy lately. If you saw Peter Jones on BBC Breakfast News this past week he was saying we are talking ourselves into this mess, I have to agree with him.

It is becoming a self fulfilling prophecy and we need to stop talking about it and start looking at solutions and other news. There are worse problems in the world than our banking system - the state of Africa, global warming and deforestation. These are testing times for a our world and I’m sure we’re all come through it if we focus on positive things.

My advice to students is to stay as normal - keep an eye on every pound you have, open a savings account and source a part time job if you can. It’s possibly true that you may not be able to find a part time job as readily as before but the savvy businesses will start to take on part time students as you’ll be cheaper labour (unfortunately) and you’ll appreciate the work.

Here at wealthystudent.co.uk we are trying to battle the economy in our own little way by sourcing vouchers for you. We have many meetings this week and we already have discounts from the likes of Gourmet Burger Kitchen, The Boomerang Card and Discount Theatre Tickets.

Leave me your thoughts about the economy and the site below…