10 Benefits of Living in a (low oil price) Recession
In many parts of the world, we are coping with recession. Are there benefits to a simpler life? Yes, trimming-down lifestyle is a great way to focus on what is really important - family and friends. Here are some additional benefits:
by Judy Arnall, BA, CCFE
- Kids learn how to do chores and become more self-sufficient.
- Kids learn money management because they need to earn enough to pay for their wants.
- Recessions reduce environmental impact because people buy less consumer items.
- Kids spend more time outdoors - camping, hiking, biking, geo-caching and playing
- Kids spend more time volunteering.
- Family dinners with home-cooking foster socialization with family members, siblings and friends.
- Low-cost activities are often the best for bonding - board games, video games, baking, gardening, camping, projects, walks etc.
- People take better care of their health with home cooking and nature/ outdoor activities.
- People are more creative; they start businesses or turn hobbies into ways to make income.
- People become more resourceful, such as learning to fix machines, mend jewelry, and repair clothing and toys.