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Cash Crunch
Posted: Tuesday, November 25th, 2008
The front page story on the front of the Ottawa Sun is really discouraging. The Community Foundation of Ottawa won't be able to hand out any grants next year for organizations in need. Places like the Boys and Girls Club of Ottawa, the Ottawa Hospital Foundation. The stock market turmoil has left them with capital only, which they can't donate. A tough announcement for the foundation's board given the history of its generosity. Other charities are going to be seeing shortfalls on donations, so if you can this season - help out where you can.
This leads me to gift giving. We're all going over our planned Christmas spending for gifts, food, decorations, etc. and for the first time in 26 years consumer confidence is at an all time low. Bad news for retailers especially this time of year. I don't want to take away from the importance of the retail industry to keep the economy humming, but is spending less on Christmas gifts such a bad thing? I've said numerous times before that the whole meaning of Christmas has been lost in giving the biggest and best gifts and making sure everyone on your list has been taken care of. How about taking care of gift recipients on a smaller scale and focusing on family and friends and a good meal. For some, even that good meal is going to be an extreme challenge this year.
I'm not a scrooge I just believe there's too much emphasis on spend, spend, spend. So I leave you with this motto - buy less but buy local. You'll do your finances a favour along with the local business community.
Cheers,
Karen
Previous Entries:
- Is it really March? Posted: Monday, March 2nd, 2009
- Go Boating Posted: Friday, February 27th, 2009
- Oscar's Hangover Posted: Monday, February 23rd, 2009
- Love and Family Posted: Friday, February 13th, 2009
- One SMOOTH Transit Thursday Posted: Thursday, February 12th, 2009
- Buying Tickets Posted: Friday, February 6th, 2009
- Buying Tickets Posted: Friday, February 6th, 2009
- Finally Friday Posted: Friday, February 6th, 2009
- Winterlude Posted: Friday, February 6th, 2009
- Tropical Depression Posted: Friday, January 30th, 2009
- Kindness Week Posted: Friday, January 23rd, 2009
- Jamaica Bound... Posted: Thursday, January 15th, 2009
- Technology Tuesday Posted: Tuesday, January 13th, 2009
- Happy Friday! Posted: Friday, January 9th, 2009
- Frustrating Friday Posted: Friday, January 9th, 2009
- Back at it this week Posted: Tuesday, January 6th, 2009
- Happy New Year! Posted: Wednesday, December 31st, 2008
- Back in Town! Posted: Tuesday, December 30th, 2008
- The Monday after Christmas! Posted: Monday, December 29th, 2008
- Merry Christmas Eve! Posted: Wednesday, December 24th, 2008
- JUST Made It! Posted: Wednesday, December 24th, 2008
- Happy Monday! Posted: Monday, December 22nd, 2008
- The Hustle and the Bustle Posted: Friday, December 19th, 2008
- Getting up at 3:30 am has it's perks Posted: Thursday, December 18th, 2008
- Thank you Posted: Thursday, December 11th, 2008
- Thank- you Posted: Thursday, December 11th, 2008
- Winter Weather and the OC Transpo Strike Posted: Wednesday, December 10th, 2008
- Stocking Stuffer Show Posted: Friday, December 5th, 2008
- Friday Posted: Friday, December 5th, 2008
- Canada’s Tallest Christmas Tree Posted: Tuesday, December 2nd, 2008
- Fabulous Friday Posted: Friday, November 28th, 2008
- Cash Crunch Posted: Tuesday, November 25th, 2008
- It's Friday! Posted: Friday, November 21st, 2008
- Help Santa Toy Parade Posted: Thursday, November 20th, 2008
- Its Cold!!! Posted: Wednesday, November 19th, 2008
- Gingerbread 101 Posted: Wednesday, November 19th, 2008
- Mellow Monday Posted: Monday, November 17th, 2008
- Friday Posted: Friday, November 14th, 2008
- Littering! Posted: Wednesday, November 12th, 2008
- Remembrance Day... Posted: Tuesday, November 11th, 2008
- Stop for Just a Moment and Think Posted: Tuesday, November 11th, 2008
- We Remember Posted: Tuesday, November 11th, 2008
- Got Kids? Posted: Monday, November 10th, 2008
- Support Our Troops Posted: Friday, November 7th, 2008
- CHANGE...IS GOOD Posted: Wednesday, November 5th, 2008
- Tuesday Times Posted: Tuesday, November 4th, 2008
- Enjoy it while you can!!! Posted: Monday, November 3rd, 2008
- Happy Halloween Posted: Friday, October 31st, 2008
- Volunteering Posted: Monday, October 27th, 2008
- Great gadgets Posted: Friday, October 24th, 2008
