Everyone’s talking of recession. Be it jobs, pay checks, a much-wanted vacation, a shopping extravaganza, a beauty therapy, a movie in a multiplex, an evening in the mall, a new pair of kurtas, a much-awaited tatoo…everything gets ‘verbally’ delayed or postponed “in this time of recession”. Apparently, even the blind man’s cut down on the choice between the blue pill and the red pill (see Comment #19) !
But how true is this??? A few excerpts from real-life experiences!
You: What a surprise! How come you are in a bus??
Friend: Recession, re! No money. Wallet’s almost empty.
You (nodding in agreement): Yea…I know. So, where you off to?
Friend: Am meeting an old ‘friend’ (winks) in CCD at 5. Haven’t seen each other in a long time. So, thought could catch up over a coffee.
You: Uh…uh. (Cafe Cofee Day’s the only place for a coffee??)
You: You sure you wanna come in my car? I thought you hated car-pooling. Friend (sheepish smile): I do. But well…one has to change with the times. When the wallet’s empty, that’s when saving becomes important!
You: Hop in! Where can I drop you?
Friend: At the mall. Have some shopping…and am catching a movie with my girl! (beams)
You: Uh…uh. (Mall and multiplex??)
You: Dude, can you lend me 5k? I’ll return it in 15 days.
Dude: Jeez, no! I just bought a car.
You: What? In this time of recession?
Dude: Yea! Dad wanted me to buy a house. But what good’ll that do now,when I’m staying with them? A car’s what I need now. Helps us friends hang around and go places together. Anyway, it’s an investment. So, rather invest in somethings that’s most useful now!
You: Uh…uh. (Investment?? Car over a House? Really?)
You: Hey buddy! How’s it going?
Friend: Not too good. Mom called up yesterday too. She’s vexed that I’m not sending home any money! What does she know about recession!
You: Hmmm… but maybe you could…
Friend (cutting you short): Hey! Check out my new hairstyle! I coloured it too! Spent a fortune on it at L’oreal! Phew!
You (gaping): But you just said…well, never mind! (After a pause) Oh, it’s stunning!
Has Recession hit only the Management, that hard? Because even though lay offs and salary cuts are happening, Coffee Days and Baristas and Pizza Huts and Malls and Multiplexes and Branded Outlets and Fancy Restaurants and Boutiques and Professional Salons and are all always full of people!
And more interestingly, they are always full of young people! Is there something that makes these Hargrave-types so confident of a brighter (financial and economic) tomorrow?
So, how many of you are saving? And how? Would love to get some tips…because I seem to be one of those indifferent ‘youngsters” (though I have no confidence in a financially better tomorrow; this is just how I am).