Like many families, we're worried about the credit crunch and what it might mean for us. Already hubby has lost his job, but thankfully found another. I work for a large corporation and know due to past experience that the axe can fall with little warning.
We're very fortunate to both have jobs at the moment, and I know that a lot of others are not so lucky, but it doesn't pay to be complacent.
Because of this, we've decided to try to live as frugally as possible this year.