All New: Dr. Phil's Recession Survival Squad
The current economic downturn is dragging more and more people into a state of financial panic. Dr. Phil puts together a recession survival squad of experts to help you conquer this money crisis.
Find Money Hidden in Every Home
Back onstage, Dr. Phil tells the couple, "Think about it this way: It's like you're just lost in the ocean. You're just out there bobbing around, your boat is gone, you're just there, and help is coming. But the question is, will you still be afloat when it gets there? This isn't your life forever. You've got to survive until the boat gets there. And as long as you've still got your head above water when the boat gets there, then your problems are over."
Dr. Phil explains that John and Rebecca's unused items, including a camera, treadmill, furniture, computers, games and clothes, could add up to $3,278 when they sell them on eBay, Craigslist and in garage sales.
Mary's grocery tips would save them 30 percent, which is another $1,080 over the course of a year. When Robert suggested they return anything they've purchased in the last 90 days, Rebecca found receipts for another $290 worth of items to take back.
All together, that's $4,648 back in the couple's pocket!
And just because money stops coming in, it doesn't mean life stops! Mary says families can still have fun without spending money. "Museums have a free day, some zoos are free at least one day a month," she says. "There are hikes, bike trails. Go online " anybody can pick up a new hobby. Create photo albums and scrap books. You don't have to buy video games " you can play them online for free. Pitch a tent in the back yard. Have a stay-at-home vacation " a staycation! If you are really committed, you can start living on far less."
"Sounds good," John says.