every budget has a silver lining ..

by

It’s tempting at budget time to jump straight to the calculators to work out what the effect is for your personal finances. Once you’ve done that, stand back take a broader look and you might see some new opportunities there. Here are 5 we’ve thought of ..

  1. From January 2011 people will buy less because of the VAT increase. An increase in demand for second hand goods is great news for people that use Freegle to get rid of stuff, for those who sell their unwanted things on eBay and for people who use Ecomodo to make money by lending out their seldom used stuff to people who prefer to borrow instead of buy.
    People who bring forward purchases to beat the VAT increase in January 2011 can use Ecomodo to lend out their new stuff, helping others less able to spend, and making back some of the purchase price.
    This renewed interest in the longevity of stuff will also drive a resurgence in repairing which can only be a good thing for the environment and jobs.
  2. Many families will have less disposable income. Don’t fret, it is easy to live a rich life without riches.
    Most families have stuff lying around which can help make up the shortfall through being sold or lent out, and friends, neighbours and colleagues probably have most of the skills, spaces and stuff they need to achieve their goals for far less money.
    Ecomodo can reveal these possibilities in a community.
  3. Charities and other good causes will find it harder to convince people to part with their hard earned cash.
    There is an ever increasing set of innovative ways to continue to donate without taking money out of your pocket. Charities can raise funds from entirely new sources such as web searching, exchanging currencies and community resource lending.
  4. With pay freezes and the national insurance increase, morale in communities and workplaces will be low. People will feel blue. But there are some reasons to feel good.
    Times like these make us find other ways to achieve our goals by making better use of the resources around us. If that ends up bringing communities together and reducing our environmental impact that is a good thing.
  5. Budget cuts across Government departments are likely to impact environmental and social projects. The onus moves to communities and citizens to work together to make a difference creating the Big Society. Will the emergency budget really kick start Big Society?

Meriel Lenfestey, co-founder of Ecomodo believes strongly in society’s ability to adapt. “The rise in social enterprise and community focus places everyone in good stead for the years ahead. Society and attitudes will need to change… but for the good. Good for pocket, good for planet and good for people“.

Come and join Ecomodo today .. www.ecomodo.com

Advertisements

Tags: , , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: