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Credit Crunch Tips

Arthur Lowe as Mr Micawber in BBC TV's 1974 version of David Copperfield

Last updated: 01 February 2009

The Micawber Principle states that 'annual income twenty pounds, annual expenditure nineteen nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.' Let us know your tips on how to combat the credit crunch:

  • More on the credit crunch...




  • Anne Jones from Cambridge made this suggestion in February 2009.

    Ann:"My advice is if you have any spare space, whether that is parking spaces, garages, driveways, unused gardens, empty land, storage space or accommodation then list it free of charge on www.spareground.com.
    The BBC is not responsible for the content of external websites

    Users can also list what they are looking for and hopefully can search for cheaper alternatives to their storage, parking needs etc. The site is free of charge so people have nothing to lose from using it.



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