Shortage of cash is a common complaint among people especially during the recent recession. During this time, consumers want to hold on to their cash for as long as they could, which means they want to spend less. Therefore, most businesses are also earning less. When the economy is weak, there's not much money that goes around. People just try to maximize what they already have or extend the life of what they have just purchased. As an entrepreneur, you can make a way to make money even when times are tight.

Since people are willing to do anything that could save them an extra penny, perhaps you know more about saving and extending the life of some products so people can use them over and over again? If you know of a service that can save them money, then people will surely flock to your door. You can offer consultation, advice, and repair services that would keep consumers from buying the same product for a long period of time. If you have heard about e-books, you can make one and stuff it with loads of information about how an individual can save money and maximize his possessions. You can sell them online and earn a handsome profit off it.

If you have a way with words, can build rapport with other people easily and know how to make people listen to you, this is a good time to monetize your skill. You can hold a seminar at your community for a minimal fee. You can also set up a website which features helpful money saving tips. The key there is to have a knowledgeable and quality content. Something that people would find refreshing and realistic. You can teach them how to save on gas money, energy, taxes and a lot more.

These are just few of the things you can do to make the most out of recession. The economy can't be this bad all the time, so you don't have to do this forever. While you're at it, make sure that you are having fun. You should also possess the intention to help people out and not just milk them for their money. This way, you are helping each other out weather the tough times.