I was updating myself with local news and you know what … if the Ang-Moh Americans don’t recover from recession by next year, expect Singapore to push back our very own full recovery as further as 2015.
Like wat!
Of course I’m all for the Americans to have their economy up and running again. If so the latest we can hooray-hooray knowing the recession behind us is around early 2011.
With my business income decreasing 2-3% every month, I’m on a tight budget these days and comparing my profit before the recession and now, it has dropped as much as 30%.
It’s that bad how the recession has affected me.
Companies are cutting down on advertising it seems, for which I rely a major bulk of my income.
The other day I was thinking of buying new boxers for myself, but as I was browsing the aisle of boxers, I got thinking that I could extend the lifespan of my current undies for a few more months yar, and with that I could save a few dollars.
Well gotta be a miser these days.
It’s good that I’m not a shoppaholic. I really pity those who are, and especially those living on credit. Yes although I have the plastic, for me I always believe in paying everything in cash. In fact I can’t wait in the coming future when I buy my BMW Alpina Z8 convertible fully paid in cash. Should be a Kodak moment when I hand over the cash in full amount to the salesman, haha.
30% that bad huh… Keep pushing bro!!
Hows your profit margin yourself bro? My revenue model is 50% service and 50% advertising. How about yours?
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Getting more from web development lately around 90%
Advertising not so much as I’ve turned into retail lately – about 10%.
Workshops also not going so well. Need to restragize for this.