Giving credit to the recession.

If you’re like me, you look to the bright side of what comes to you in life.

With that in mind, I want to give credit to the recession for it’s hidden benefits and blessings.

Let’s start with one near and dear to the entrepreneur.  And the number one impact of the recession which may lead to it ending.

Entrepreneurial startups help restart the economy. Recessions are ideal to start your business: Wages are down, rents are cheaper, competition is scarce and the cost of goods and services can be found at a discount. There’s no better time to become your own boss than right now.

For all those of you who recognize your families and consider them the number one reason you’re an entrepreneur, rejoice about the recession.

Recessions return us to the family dinner motif. 

For many the money for fast-food meals, as well as, the over-scheduled lives that require it change. 

And while this may not be great news if you own KFC stock, the Substance Abuse and Mental Health Services Administration of the U.S. Department of Health and Human Services say "Yahoo."  Family meals promote a healthier and more balanced diet, foster better communication and ward off teen suicide, eating disorders and substance abuse.

Who knew family stew could do so much!

Here’s another bit of good news.  You can use a simple strategy to get more business–coupons.

Sixty-seven-percent of Americans consider coupon use during a recession, regardless of their income.

For example, web traffic to online coupon sites is up to 281 million in March (up 38-percent compared to the previous year), according to the research firm comScore.

So if you happen to use an online shopping cart with coupons, get to using them now!

How about one directly related to credit.

According to Mintel Comperemedia, credit card direct mail volume has dropped by nearly 1/5th since last October. And last year, credit issuers reduced mailings to current customers by nearly one-third (30 percent). 

That means, the offers you do get now are ones you’re really likely to get.  So if you’re getting offers, definitely fill them out now according to the strategic rules you learn at www.TightMoneyMillionaire.com

And finally, this set back may set off great worldwide change for the better.

You see a slow down becomes the time to reflect and reassess out goals of our lives.

For instance, it’s questionable if today’s green movement would be as self-evident  and strong as it is today without fuel at $4+ a gallon in the US.  While there is still room to become more ideal stewards of the planet, entrepreneurs are expecting to be making progress and profits in "green technology" and "green business".

I personally welcome the commitment to a business plan considering greater sustainability and renewability falling under "profitability" rather than simply social responsibility.

Temporary setbacks like recessions prompt our collective course corrections.

And this may be the best time for you to set your course with the ongoing coaching available though Tight Money Millionaire.