Another Issue Concerning Recession

The end of the Christmas spending time coincided with the recession in the financial market in the US. The article Credit And Cash Spending Cut tells us what possible results we can face in the nearest future, since we are up to our ears in debt and we have suddenly stopped spending with our plastics... No need to retell, just go to the link.

After months of toil, I finally passed my test in driving and now I've got the cherished driving license!!! But... I have no car!!
In my plans there is a small cute low-consuming car... corean or japanese... and I'm going to start looking for my dream very soon.
An auto loan will not be cheap for me, I know, since my credit score is someting that needs considerable improvement)))) However, the bank says it is possible to refinance the loan later... Not sure, but hope for the better...

Economy Recession in the US - Is It True???!!!

The newspapers and info portals are bursting with reports and reviews of the processes taking place in the American economy. The widely-discussed recession or CRISIS in this country really makes me and all the residents anxious. I'm not speaking about the stock markets. I speak about my friends and relatives being in huge debt and unable to pay it off. Who is to blame - them or the banks for issuing so much credit to them?
However, all is not so bad, according the the article on Financial Crisis And Credit Cards I recently came across. they said the rates will fall. And indeed, yesterday there was a message in the news that federal reserve announced the prime rate decrease which will result in lower interest rates... we'll see what'll come of this.

What Would You Do?

Today it is Friday and tomorrow I'm going to have a party at my place. I can't believe it - there is going to be 12 people!!! And my tiny tiny apartment will be just bulging at the seams!
What would you do if all your friends decided to go and have fun ay you mini-apartment?
But I keep encouraged by the well-known 'the more the merrier'... The food will be fancy, the music will be great! So, you are welcome, too)))

Keeping Frugal To Stay The Most Of A Woman

All my life I was fond of buying the best cosmetics and I've always had heaps of it. But since I started to learn frugal living, the issue of saving on cosmetics became urgent. Large cosmetic stores are my passion, so I frequently use store credit cards there. Although it doesn't take me long to pay the balances off, I tend to spend more when using a credit card in these cases.
Now I will share some principles I worked out for keeping the beauty budget up to the frugal mark.

• I avoid buying expensive skincare products - face creams like Vichy are full of hormones or can cause allergy. Olay is my favourite brand for facial beauty. As for body care, I prefer products for children, like Johnson's Baby...
• I avoid buying on impulse which is more often caused by advertizing. My friend who works for an ads agency, told me that the price of a beauty product depends partly on the worth of promotion campaign. Plus, the price can never be a reflexion of the quality.
  
• The products you use rarely (for example, black nail polish or sparkling eyeliner), should be kept cheap.
  
• Products you use daily should be economic and of high quality, let them be more expensive.

When spending on beauty products, I prefer using debit cards, in order to avoid balances accumulating. After a bit of calculation, I understood that store credit cards are less advantageous than usual low APR credit cards, as the rewards they give are useless under such high interest rates.