Copyright (c) Derek Clontz/4-Page Media, Inc. All rights reserved.
By RAGAN DUNN/derekclontz.com writer
A prolonged recession will knock a lot of people for a financial loop, but our expert has some tips that can help you battle the bad times ahead – and come out smelling like a rose.

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“The important thing is to plan, don’t panic,” says consumer expert Derek Clontz. “Keep a tight rein, a sense of control over your life.”
Clontz offers these suggestions for weathering the financial storm:
- Learn new ways to have a good time without blowing a lot of money. Have fun with family and friends. Instead of shopping or eating out, organize an old-fashioned picnic or take a stroll in the park.
- Barter or develop other ways of acquiring needed goods and services without shelling out scarce money. If a neighbor can cut your child’s hair, offer to mow his lawn or wash his car in return.
- When financial trouble arises, attack the problem and not the person. Don’t blame yourself or others for tough situations that can’t be controlled. Spend your energy finding ways to get out of the hole you’re in.
- Be constantly alert for new ways to economize by organizing a car pool or making meals out of leftovers.
- Seek ways to add to your income. Taking in a boarder might ease your financial burden without increasing your workload.
- If you feel your job is in jeopardy, get additional training to improve. Find out exactly what your supervisors expect of you and make plans to satisfy them.
- Be very wary of loan consolidation in times of soaring interest rates. It’s cheaper to pay part of most bills than to take a high-interest consolidation loan.
Send your ideas for beating the recession – your tips can help derekclontz.com’s 200,000-strong family of readers live better, happier, healthier lives – even when money is tight.